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CHARITY REVIEW
Issued: September 2024 Expires: September 2026

Brooklyn Bridge Park Conservancy

Accredited Charity
Accredited Charity

Meets Standards

334 Furman Street
Brooklyn, NY, 11201

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Brooklyn Bridge Park Conservancy meets the 20 Standards for Charity Accountability.

Stated Purpose:
To ensure the creation, adequate funding, proper maintenance, public support, and citizen enjoyment of Brooklyn Bridge Park through partnership with the public sector, development of programming, and active promotion of the needs of the park and its constituents.

Year, State Incorporated:
1985, NY

Brooklyn Bridge Park Conservancy programs include hands on education with a concentration on the Brooklyn Waterfront's history, habitat, and ecology. We promote civic volunteerism and provide care for neighborhood green space through our education and stewardship programs. Also, the park provides free cultural and recreational activities and opportunities.

For the year ended December 31, 2023, Brooklyn Bridge Park Conservancy's program expenses were:

Programs $2,505,667
Total Program Expenses $2,505,667

Chief Executive
Nancy Webster, Executive Director

Board Size
33

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Brooklyn Bridge Park Conservancy's audited financial statements for the year ended December 31, 2023.

Source of Funds
Special Events $1,268,286
Private Sector Grants and Contributions $649,092
Public Programming $595,165
Government Grants and Contracts $514,031
Contributed Non-Financial Assets $204,547
Other $29,122
Net Unrealized and Realized Gain on Sale of Investments $614
Insurance Proceeds $510
Total Income $3,261,367

Programs: 72% Fundraising: 18% Administrative: 10%

Total Income $3,261,367
Total expenses: $3,468,656
  Program expenses $2,505,667
  Fundraising expenses $630,550
  Administrative expenses $332,439
  Other expenses $0
Income in Excess of Expenses $-207,289
Beginning Net Assets $1,969,159
Other Changes In Net Assets $0
Ending Net Assets $1,761,870
Total Liabilities $363,066
Total Assets $2,124,936

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York