Civic Intelligence

Design Trust for Public Space Inc.

990 • Fiscal year 2019 • EIN 13-3884881

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

40 Worth StreetNew York, NY 10013

(212) 695-2432

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.08x

Higher debt load relative to assets than 63% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

45th percentile

0.04x

Higher debt load relative to revenue than 45% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Net Margin

43rd percentile

6.4%

Higher net margin than 43% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

78th percentile

$117,722

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Asset Growth

61st percentile

13%

Faster asset growth than 61% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-2.6%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$440,426

Up $52,345 (+13%) from 2018

Net Assets

Up

$404,789

Up $57,473 (+17%) from 2018

Liabilities

Down

$35,637

Down $5,128 (-13%) from 2018

Revenue

Down

$903,643

Down $24,504 (-2.6%) from 2018

Expenses

Down

$846,170

Down $231,801 (-22%) from 2018

Net Income

Up

$57,473

Up $207,297 (+138%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $451,007Liabilities 2010: $28,951Net Assets 2010: $422,0562010Assets 2011: $457,127Liabilities 2011: $45,094Net Assets 2011: $412,0332011Assets 2012: $497,157Liabilities 2012: $14,977Net Assets 2012: $482,1802012Assets 2013: $502,048Liabilities 2013: $10,834Net Assets 2013: $491,2142013Assets 2014: $542,450Liabilities 2014: $15,495Net Assets 2014: $526,9552014Assets 2015: $608,356Liabilities 2015: $27,917Net Assets 2015: $580,4392015Assets 2016: $730,028Liabilities 2016: $59,751Net Assets 2016: $670,2772016Assets 2017: $534,934Liabilities 2017: $37,794Net Assets 2017: $497,1402017Assets 2018: $388,081Liabilities 2018: $40,765Net Assets 2018: $347,3162018Assets 2019: $440,426Liabilities 2019: $35,637Net Assets 2019: $404,7892019Assets 2020: $580,271Liabilities 2020: $120,768Net Assets 2020: $459,5032020Assets 2021: $2,416,344Liabilities 2021: $51,900Net Assets 2021: $2,364,4442021Assets 2022: $1,319,077Liabilities 2022: $969,957Net Assets 2022: $349,1202022Assets 2023: $1,081,347Liabilities 2023: $968,671Net Assets 2023: $112,6762023Assets 2024: $1,034,253Liabilities 2024: $800,213Net Assets 2024: $234,0402024

Highlighted filing

2019

Assets$440,426
Liabilities$35,637
Net Assets$404,789

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2010: $807,802Expenses 2010: $617,750Net Income 2010: $190,0522010Revenue 2011: $720,761Expenses 2011: $730,784Net Income 2011: -$10,0232011Expenses 2012: $741,2792012Revenue 2013: $810,527Expenses 2013: $801,493Net Income 2013: $9,0342013Revenue 2014: $861,284Expenses 2014: $825,543Net Income 2014: $35,7412014Revenue 2015: $936,714Expenses 2015: $883,230Net Income 2015: $53,4842015Revenue 2016: $994,221Expenses 2016: $904,383Net Income 2016: $89,8382016Revenue 2017: $1,000,134Expenses 2017: $1,173,271Net Income 2017: -$173,1372017Revenue 2018: $928,147Expenses 2018: $1,077,971Net Income 2018: -$149,8242018Revenue 2019: $903,643Expenses 2019: $846,170Net Income 2019: $57,4732019Revenue 2020: $910,987Expenses 2020: $856,273Net Income 2020: $54,7142020Revenue 2021: $3,238,139Expenses 2021: $1,333,198Net Income 2021: $1,904,9412021Revenue 2022: $919,472Expenses 2022: $2,933,754Net Income 2022: -$2,014,2822022Revenue 2023: $999,055Expenses 2023: $1,235,499Net Income 2023: -$236,4442023Revenue 2024: $1,228,261Expenses 2024: $1,106,925Net Income 2024: $121,3362024

Highlighted filing

2019

Revenue$903,643
Expenses$846,170
Net Income$57,473
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$1,003,975
Mission and Program Overview

Mission

The Design Trust for Public Space is a nonprofit organization dedicated to the future of public space in New York City. Our projects bring together city agencies, community groups and private sector experts to make a lasting impact - through design - on how New Yorkers live, work and play.

The Design Trust for Public Space is a nonprofit organization dedicated to the future of public space in NYC. Our projects bring together city agencies, community groups and private sector experts to make a lasting impact,through design on how New Yorkers live,work and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$190,000$314,518▲ $124,518
Pledges and Grants Receivable$168,697$98,028▼ $70,669
Land, Buildings, and Equipment, Net$13,348$10,890▼ $2,458
Prepaid Expenses and Deferred Charges$7,302$4,696▼ $2,606
Accounts Receivable-$3,561-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$388,081$440,426▲ $52,345
Other Assets Total$8,734$8,733▼ $1
Liabilities
Accounts Payable and Accrued Expenses$40,765$35,637▼ $5,128
Total Liabilities$40,765$35,637▼ $5,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$204,284$276,004▲ $71,720
Net Assets With Donor Restrictions$143,032$128,785▼ $14,247
Total Net Assets Fund Balance$347,316$404,789▲ $57,473
Total Liabilities and Net Assets / Fund Balance$388,081$440,426▲ $52,345

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,183$31,687$34,870
Equipment$7,707$18,163$25,870
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan Chin FaiaExecutive DirectorFT$117,722$117,722
Leslie SchultzInterm Exe DirectorFT$20,150$20,150
Revenue and Support

Revenue Composition

Contributions and Grants
$975,470
Program Service Revenue
$2,863
Investment Income
$17
Other Revenue
$-74,707
All Other Contributions
$568,329
Change in Net Assets
$57,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$559,111
Other Expenses$287,059
Total Fundraising Expense$178,773
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$223,682$44,302$58,461$326,445
Fees for Services Other$137,612$6,371$16,570$160,553
Current Officers, Directors, Trustees, and Key Employees$95,132$17,923$24,817$137,872
Occupancy$36,499$4,689$26,211$67,399
Payroll Taxes$45,448$8,767$3,520$57,735
Other Employee Benefits$22,663$2,594$11,802$37,059
Office Expenses$3,678$416$16,539$20,633
Depreciation Depletion$3,229$564$1,333$5,126
Other Expenses$1,812$215$1,627$3,654
All Other Expenses$-169$28$2,799$2,658
Advertising--$531$531
Total Functional Expenses$581,417$85,980$178,773$846,170
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$100,332
Fundraising Gross Income$25,625
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$365,766$25,625$100,332$-74,707
Total Events$365,766$25,625$100,332$-74,707
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by audit committee and finance committee, circulated to full board

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Executive committee reviews annual disclosure forms

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive committee reviews performance and compensation of the executive director annually. In 2010, a custom guidestar compensation report was pruchased in order to accurately assess compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All employees undergo an annual performance evaluation with the executive director. Nonprofit salary surveys are used to accurately assess compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All 990 forms and financial statements are both available upon request and on the organization's website, designtrust.org

Filing and Contact Details

Filer

Filer Name
Design Trust for Public Space Inc
EIN
13-3884881
Phone
2126952432
Address
40 WORTH STREET, NEW YORK, NY 10013

Signing Officer

Name
Matthew Clarke
Title
Executive Director
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Clarke
Formed
1995
Legal Domicile
Ny
Voting Board Members
21
Independent Board Members
21
Employees
12
Volunteers
5

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 602, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Plaza Stewards $15,529:For the Plaza Stewards Program, Design Trust held a three-day long program, including a workshop in August 2018, co-sponsored by New York City Council Member Diana Ayala and Manhattan Borough President Gale Brewer, at the National Black Theatre in East Harlem. With support from the Harvard Loeb Fellowship Alumni Council, Design Trust, Neighborhood Plaza Program at The Hort, and Loeb Fellows Damon Rich, Marc Norman, Jennifer Siegal, and Susan Chin explored community-based plazas in under-resourced neighborhoods, led a cross-sector group of 50 stakeholders in a workshop, and toured and analyzed the 125th Street Plaza in East Harlem, with Plaza Partner Uptown Grand Central. The Workshop with community organizations, Plaza Partners, Business Improvement Districts, local businesses, developers, numerous homeless support organizations, and public agencies, including NYC Mayors Community Affairs Unit, NYC Departments of Transportation, Homeless Services, Health & Mental Hygiene, Small Business Services, Consumer Affairs, Cultural Affairs, and NYC Parks, Metropolitan Transportation Authority, New York Police Department framed the plazas project by clarifying language often used in discussions of public plazas in New York City to envision better plazas from the perspective of different user experiences, and crafted a research agenda for the future Design Trust initiative. In 2019, conversations to establish a partnership with the Neighborhood Plaza Program at the Horticultural Society of NY and Uptown Grand Central began with the goal of Design Trust producing a study of better practices for stewardship of community- managed plazas, including inclusive tactics for engaging homeless people. Close to half of NYCs 70 pedestrian plazas, established by NYC Department of Transportation are in under-served communities, where struggling organizations invest the time, money and sweat equity to privately manage them. Unfortunately, The Hort was unable to sign on as a project partner for capacity issues, so Design Trust began conversations with a new partner on the project NYC Department of Small Business Services. The resulting project now called Neighborhood Commons: Sidewalks, Plazas and Beyond will work with Business Improvement Districts, Community Based Organizations and local businesses and entrepreneurs to reimagine how our public spaces can support local economies and build collective community power around stewarding these spaces.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.80$0.23$1.23$1.11$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.97$0.11$1.00$1.24$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.97$0.35$0.92$2.93$2.01
2021Detailed filing. Detailed filing data is available for this year.$2.42$0.05$2.36$3.24$1.33$1.90
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.12$0.46$0.91$0.86$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.04$0.40$0.90$0.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$0.93$1.08$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.50$1.00$1.17$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.06$0.67$0.99$0.90$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.94$0.88$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.53$0.86$0.83$0.04
2013Summary only. Only limited summary data is available for this year.$0.50$0.01$0.49$0.81$0.80$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.01$0.48$0.74
2011Summary only. Only limited summary data is available for this year.$0.46$0.05$0.41$0.72$0.73$0.01
2010Summary only. Only limited summary data is available for this year.$0.45$0.03$0.42$0.81$0.62$0.19