Civic Intelligence

Open Space Institute Inc.

990 • Fiscal year 2020 • EIN 52-1053406

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

1350 Broadway No 201New York, NY 10018-7799

(212) 290-8200

Siviq Scores

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

Liabilities / Assets

51st percentile

0.18x

Higher debt load relative to assets than 51% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.89x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

15th percentile

-18%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$540,852

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

15th percentile

-3.8%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-41%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,735,707

Down $340,762 (-3.8%) from 2019

Net Assets

Down

$7,198,681

Down $161,357 (-2.2%) from 2019

Liabilities

Down

$1,537,026

Down $179,405 (-10%) from 2019

Revenue

Down

$1,729,129

Down $1,206,090 (-41%) from 2019

Expenses

Down

$2,044,377

Down $254,399 (-11%) from 2019

Net Income

Down

-$315,248

Down $951,691 (-150%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $11,444,556Liabilities 2010: $8,236,287Net Assets 2010: $3,208,2692010Assets 2011: $11,761,751Liabilities 2011: $5,062,001Net Assets 2011: $6,699,7502011Assets 2012: $9,867,611Liabilities 2012: $3,626,598Net Assets 2012: $6,241,0132012Assets 2013: $5,983,243Liabilities 2013: $1,568,275Net Assets 2013: $4,414,9682013Assets 2014: $5,383,971Liabilities 2014: $1,494,411Net Assets 2014: $3,889,5602014Assets 2015: $5,828,397Liabilities 2015: $2,090,647Net Assets 2015: $3,737,7502015Assets 2016: $5,939,594Liabilities 2016: $2,109,341Net Assets 2016: $3,830,2532016Assets 2017: $7,037,256Liabilities 2017: $1,765,579Net Assets 2017: $5,271,6772017Assets 2018: $7,853,848Liabilities 2018: $1,410,265Net Assets 2018: $6,443,5832018Assets 2019: $9,076,469Liabilities 2019: $1,716,431Net Assets 2019: $7,360,0382019Assets 2020: $8,735,707Liabilities 2020: $1,537,026Net Assets 2020: $7,198,6812020Assets 2021: $10,587,684Liabilities 2021: $2,208,395Net Assets 2021: $8,379,2892021Assets 2022: $10,990,806Liabilities 2022: $2,781,884Net Assets 2022: $8,208,9222022Assets 2023: $20,160,830Liabilities 2023: $12,023,637Net Assets 2023: $8,137,1932023Assets 2024: $23,289,878Liabilities 2024: $15,811,224Net Assets 2024: $7,478,6542024

Highlighted filing

2020

Assets$8,735,707
Liabilities$1,537,026
Net Assets$7,198,681

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,257,0662010Expenses 2011: $10,919,8322011Expenses 2012: $4,687,8982012Revenue 2013: $4,801,961Expenses 2013: $6,812,598Net Income 2013: -$2,010,6372013Revenue 2014: $2,154,957Expenses 2014: $2,713,528Net Income 2014: -$558,5712014Revenue 2015: $1,042,294Expenses 2015: $1,172,849Net Income 2015: -$130,5552015Revenue 2016: $1,097,397Expenses 2016: $1,105,214Net Income 2016: -$7,8172016Revenue 2017: $2,147,064Expenses 2017: $959,520Net Income 2017: $1,187,5442017Revenue 2018: $3,908,202Expenses 2018: $2,465,419Net Income 2018: $1,442,7832018Revenue 2019: $2,935,219Expenses 2019: $2,298,776Net Income 2019: $636,4432019Revenue 2020: $1,729,129Expenses 2020: $2,044,377Net Income 2020: -$315,2482020Revenue 2021: $2,250,549Expenses 2021: $1,173,337Net Income 2021: $1,077,2122021Revenue 2022: $2,141,539Expenses 2022: $1,715,812Net Income 2022: $425,7272022Revenue 2023: $5,880,714Expenses 2023: $6,178,116Net Income 2023: -$297,4022023Revenue 2024: $6,858,272Expenses 2024: $3,655,960Net Income 2024: $3,202,3122024

Highlighted filing

2020

Revenue$1,729,129
Expenses$2,044,377
Net Income-$315,248
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.1
Gross Receipts
$1,729,129
Mission and Program Overview

Mission

Open space institute protects scenic, natural and historic landscapes to ensure public enjoyment, conserve habitats and sustain community character.

Osi and its supporting organization, open space institute land trust, protects land.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,638,877$4,935,173▼ $703,704
Investments in Publicly Traded Securities$1,976,255$2,201,575▲ $225,320
Land, Buildings, and Equipment, Net$885,663$778,502▼ $107,161
Cash and Non-Interest-Bearing Accounts$513$176,595▲ $176,082
Prepaid Expenses and Deferred Charges$64,615$60,534▼ $4,081
Total Assets$9,076,469$8,735,707▼ $340,762
Other Assets Total$510,546$583,328▲ $72,782
Liabilities
Other Liabilities$985,333$945,383▼ $39,950
Accounts Payable and Accrued Expenses$731,098$591,643▼ $139,455
Total Liabilities$1,716,431$1,537,026▼ $179,405
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,122,404$4,315,443▲ $193,039
Net Assets With Donor Restrictions$3,237,634$2,883,238▼ $354,396
Total Net Assets Fund Balance$7,360,038$7,198,681▼ $161,357
Total Liabilities and Net Assets / Fund Balance$9,076,469$8,735,707▼ $340,762

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$665,132$2,229,848$2,894,980
Equipment$35,727$289,070$324,797
Buildings$77,643$132,152$209,795
Other Assets Org$581,928--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,302,869-▲ $123,231-$1,426,100
2019$1,174,094-▲ $128,775-$1,302,869
2018$1,317,749-▼ $143,655-$1,174,094
2017$1,215,940-▲ $101,809-$1,317,749
2016$1,159,417-▲ $56,523-$1,215,940
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Christopher J EllimanPresident & CEO$458,516$82,336$540,852
Tally BlumbergChief Program Officer$315,990$59,201$375,191
Steven HorowitzChief Legal & Risk Officer (outgoing)$293,944$37,827$331,771
Steven HorowitzChief Legal & Risk Officer (outgoing$165,219$166,552$331,771
Peter HowellExecutive VP, Conservation$250,271$46,770$297,041
Lesley Kane SzynalDirector - Outdoors America$227,264$56,816$284,080
Samayla DeutchSr Vice President-general$233,277$47,426$280,703
Robert K AnderbergSr Vice President-general$224,945$48,664$273,609
Alice GleasonSr Vice President Finance$225,914$44,742$270,656
Nathan BerrySr Vice President$221,835$48,717$270,552
Terrence NolanSr VP - Conservation (outgoing)$210,412$49,300$259,712
Eileen LarabeeSr VP - Comminications$195,265$53,182$248,447
Jeffrey LejavaVP - Assoc. Gen Counsel$186,690$56,025$242,715
Kathleen MoserChief Conservation Officer$222,730$8,562$231,292
Lorijeane MoodyVP - Development$179,493$50,668$230,161
Jennifer MelvilleVP - Conservation$138,062$43,027$181,089
Brooks Kieran-kaufmanStaff Attorney$146,499$32,909$179,408
Irene LeeDirector Land Projects$128,808$50,308$179,116
Peter KarisVP - Parks and Stewardship$129,986$46,893$176,879
Abigail WeinbergDirector of Research$135,991$35,398$171,389
Rebekah GerardDirector - Administration$132,323$27,403$159,726
Joseph HollandAssistant Treasurer$138,541$18,987$157,528
Joshua Ginsberg PhdTreasurer$2,500-$2,500

Board Members and Trustees

NameTitle
Amelia SalzmanCo-chairperson of the Board
John AdamsCo-chairperson of the Board
Carol AshVice-chairperson of the Board
Anson FrelinghuysenBoard Member
Calvin MitchellBoard Member
Caroline NiemczykBoard Member
Dale S BrykBoard Member
Douglas BatesonBoard Member
Elizabeth BordenBoard Member
Gilman S BurkeBoard Member
Giorgios VlamisBoard Member
Holly HegenerBoard Member
Jennifer CunninghamBoard Member
John CahillBoard Member
John ErnstBoard Member
Kate Sindling DalyBoard Member
Katherine O RobertsBoard Member
Lea Paine HighetBoard Member
Patricia F SullivanBoard Member
Peter a BienstockBoard Member
Samuel G HuberBoard Member
Samuel W Lambert IiiBoard Member
Susan BabcockBoard Member
T Jefferson Cunningham IiiBoard Member
W Barnabus MchenryBoard Member
Yuki Moore LaurentiBoard Member
Paul J ElstonBoard Member (outgoing)
Hume R SteyerSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Van Dusen & Steves LLCConsulting Services169 HAVILAND ROAD, Queensbury, NY 12804$179,926
Paulus Sokolowski & Sartor LLCConsulting ServicesPO BOX 4039, Warren, NJ 07059$159,594
Conservation Pathways LLCConsulting ServicesPO BOX 625, San Anselmo, CA 94979$119,398
Tahawus Trails LLCConstruction ServicesPO BOX 31, Accord, NY 12404$116,509
Winning Strategies Public Relations LLCPublic Relations550 BROAD STREET, Newark, NJ 07102$107,179
Revenue and Support

Revenue Composition

Contributions and Grants
$1,494,264
Program Service Revenue
$62,108
Investment Income
$167,183
Other Revenue
$5,574
All Other Contributions
$1,381,038
Change in Net Assets
$-315,248

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$43,226Appraisal
Securities Publicly Traded5$24,787Fair Market Value (FMV)
Total Noncash Contributions6$68,013-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,723,738
Revenue Not Reported on Financial Statements
$5,391
Revenue Not Reported on Form 990
$52,614,925
Total Revenue per Audited Statements
$54,338,663
Total Revenue per Form 990
$1,729,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,329,134
Salaries, Compensation, and Employee Benefits$411,006
Other Expenses$304,237
Total Fundraising Expense$4,288
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,329,134--$1,329,134
Other Salaries and Wages$161,548$64,923-$226,471
Current Officers, Directors, Trustees, and Key Employees$62,956$57,015-$119,971
Occupancy$101,594--$101,594
Fees for Services Other$87,374$2,188-$89,562
Depreciation Depletion-$32,219-$32,219
Other Employee Benefits$22,421$7,357-$29,778
Fees for Services Management$26,847--$26,847
Payroll Taxes$14,145$6,531-$20,676
Pension Plan Contributions$11,158$2,952-$14,110
Other Expenses$12,219$8$4,288$12,227
Fees for Services Legal-$8,398-$8,398
Advertising$4,527$1,406-$5,933
Fees for Service Investment Mgmnt Fees-$5,391-$5,391
Travel$2,443$1,462-$3,905
Fees for Services Accounting-$3,866-$3,866
Interest-$90-$90
Total Functional Expenses$1,838,608$201,481$4,288$2,044,377

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$27,736,345
Expenses Not Reported on Form 990$26,472,359
Total Expenses per Form 990$2,044,377
Expenses per Audited Statements$1,263,986
Expenses Not Reported on Financial Statements$780,391
Other Expense Adjustments$775,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Beaverkill Valley Land Trust IncNew York, NY501(c)(3)Stewardship$100,000
Hudson Highlands Nature MuseumCornwall, NY501(c)(3)Malcolm Gordon Charitable Fund$15,000
Stoney Kill Foundation IncWappinger Falls, NY501(c)(3)Malcolm Gordon Charitable Fund$13,000
Constitution Marsh Audubon Center and SanctuaryGarrison, NY501(c)(3)Malcolm Gordon Charitable Fund$10,000
BANNERMAN'S CASTLE TRUSTGlenham, NY501(c)(3)Malcolm Gordon Charitable Fund$8,000
Ecological Citizens Project IncGarrison, NY501(c)(3)Malcolm Gordon Charitable Fund$8,000
The Beacon Institute for Rivers & EstuariesBeacon, NY501(c)(3)Malcolm Gordon Charitable Fund$8,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$581,928
Deferred Rent$359,430
Security Deposits Payable$4,025
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Samuel w. Lambert iii, board member, and holly hegener, board member, have a family relationship. Holly hegener is samuel lambert's step daughter.

Form 990, Part VI, Section B, Line 11B

Our 990 is prepared by an outside independent accounting firm. The draft form 990 is reviewed by the controller, chief financial officer & general counsel. After staff review the return it is then reviewed by the audit committee. The reviewed and corrected 990 form is then sent out to all the board members of the organization for their review and comments. The return is filed once all parties have completed their review and required edits have been made.

Form 990, Part VI, Section B, Line 12C

Open space institute, inc. Has a conflict of interest policy which requires all interested persons to disclose conflicts and potential conflicts as soon as they arise. A conflicted party may not discuss the transaction that is the basis of such conflict, and must recuse themselves from any discussion or vote on such transaction. The president each year reports to the board of trustees all conflict transactions and how they were handled. The board of open space institute, inc. Has the power to take remedial action if the conflict policy is violated.

Form 990, Part VI, Section B, Line 15A

The process of determining competitive compensation for top management and key employees involves osi's compensation committee working with an independent compensation consultant. The committee performs an annual assessment of the responsibilities and performance of the ceo/president and other top management. The committee also utilizes compensation surveys and information gleaned from form 990s of comparable organizations to determine applicable compensation rates. Once reasonable and competitive compensation rates are established, they are approved by the compensation committee.

Form 990, Part VI, Section C, Line 19

Open space institute, inc. Makes its governing documents, conflict of interest policy, whistleblower policy, document retention and destruction policy and financial statements available to the general public. These documents are sent to anyone who contacts the organization and requests such information.

Filing and Contact Details

Filer

Filer Name
Open Space Institute Inc
EIN
52-1053406
Phone
2122908200
Address
1350 BROADWAY NO 201, NEW YORK, NY 10018-7799

Signing Officer

Name
Alice Gleason
Title
CFO
Phone
2122908200
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alice Gleason
Formed
1974
Legal Domicile
Ny
Voting Board Members
28
Independent Board Members
28
Employees
62
Volunteers
28

Preparer

Firm
Marks Paneth Llp
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena M Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of net assets -660.

PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The malcolm gordon charitable endowment funds were classified as temporarily restricted because the grantor who established the trust required that the funds be devoted to environmental education grants. After the trust was dissolved in august 2012, the organization continued to consider these funds to be temporarily restricted.

PART X, LINE 2:

The organization believes it had no uncertain tax positions as of december 31, 2020 and 2019 in accordance with accounting standards codification ("asc") topic 740, "income taxes," which provides standards for establishing and classifying any tax provisions for uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Related entities' revenue 52,937,131. Consolidating eliminations -476,097. Transfer from net assets -660.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Related entities' expenses 26,948,456. Consolidating eliminations -476,097.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Land transferred to beaverkill reported prior year on fs 775,000.

Raw XML AppendixShowing 400 of 1,455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0BEAVERKILL VALLEY LAND PROTECTION: OSI HAS PROTECTED MORE THAN 10,000 ACRES IN THE WESTERN CATSKILLS REGION OF NEW YORK STATE, INCLUDING THE SCENIC BEAVERKILL VALLEY. THESE EFFORTS INCLUDE ESTABLISHING AND FUNDING AN INDEPENDENT PUBLIC CHARITY, THE BEAVERKILL VALLEY LAND TRUST, INC. (BVLT), IN ORDER TO FURTHER THE CONSERVATION OF THIS IMPORTANT REGION. IN 2020 OSI TRANSFERRED LAND TO BVLT; MADE RESTRICTIVE GRANTS TO BVLT; AND PROVIDED SUBSTANTIAL IN-KIND SERVICES TO BVLT IN ORDER TO FURTHER ITS PROGRAM OF PROTECTING THE BEAVERKILL VALLEY.
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IRS990/Form990PartVIISectionAGrp/PersonNm29ALICE GLEASON
IRS990/Form990PartVIISectionAGrp/PersonNm30CHRISTOPHER J ELLIMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm33JENNIFER MELVILLE
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.3$15.8$7.48$6.86$3.66$3.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$12.0$8.14$5.88$6.18$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$2.78$8.21$2.14$1.72$0.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$2.21$8.38$2.25$1.17$1.08
2020Detailed filing. Detailed filing data is available for this year.$8.74$1.54$7.20$1.73$2.04$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.08$1.72$7.36$2.94$2.30$0.64
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.85$1.41$6.44$3.91$2.47$1.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.04$1.77$5.27$2.15$0.96$1.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$2.11$3.83$1.10$1.11$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.83$2.09$3.74$1.04$1.17$0.13
2014Detailed filing. Detailed filing data is available for this year.$5.38$1.49$3.89$2.15$2.71$0.56
2013Detailed filing. Detailed filing data is available for this year.$5.98$1.57$4.41$4.80$6.81$2.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.87$3.63$6.24$4.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$5.06$6.70$10.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$8.24$3.21$4.26