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Nonprofit · EIN 11-2843763

PROSPECT PARK ALLIANCE INC

Tax-exempt · BROOKLYN, NY 11215

Financials

$14.1M$14.7M2022$18.2M$17M2023$30.2M$18.1M2024
Revenue Expenses · by fiscal year end
Financials of PROSPECT PARK ALLIANCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$30,190,450$18,052,712$12,137,738$58,533,569$3,130,339$55,403,230
June 30, 2024990$18,186,735$17,012,763$1,173,972$45,524,475$3,879,253$41,645,222
June 30, 2023990$14,051,056$14,717,514-$666,458$40,930,946$2,858,211$38,072,735
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$20,001,845
of which government grants
$934,901
Membership dues
$822,810
Program service revenue
$8,457,783
Investment income
$2,311,690
Net income from fundraising events
-$612,623
Net income from sales of inventory
$16,315
Other revenue
-$580,868

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,185,136
Other salaries and wages
$6,937,718
Salaries, compensation and benefits (total)
$9,849,757
Professional fundraising fees
$133,359
Legal fees
$37,905
Accounting fees
$16,653
Occupancy
$662,847
Travel
$36,960
Depreciation
$342,922
Program services (functional)
$14,720,933
Management and general (functional)
$1,857,540
Fundraising (functional)
$1,474,239

Balance sheet and other

Total assets, start of year
$45,524,475
Total assets, end of year
$58,533,569
Total liabilities, end of year
$3,130,339
Net assets, end of year
$55,403,230
Land, buildings and equipment
$2,237,642
Publicly traded securities
$35,128,097
Net assets without donor restrictions
$27,567,014
Net assets with donor restrictions
$27,836,216
Gross receipts
$30,948,596
Employees
212
Volunteers
2,767
Year formed
1987
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Morgan MonacoPresident
Officer
40$306,077$475
James SnowCOO/CFO
Key employee
40$272,979$5,480
Christian ZimmermanVP, Capital & Landscape Management
Key employee
40$176,895$23,641
Susan SharerVP, Development
Key employee
40$159,092$27,177
Deborah KirschnerVP, Communications & External Relations
Highest-paid employee
40$154,796$21,055
Adina ColeVP, People & Culture
Highest-paid employee
40$154,408$17,684
Maria CarrascoVP, Public Programs
Highest-paid employee
40$160,881$10,512
Emily KrellVP, Visitor Experience & Business Development
Highest-paid employee
40$135,733$23,590
David YumDirector of Architecture & Preservation
Highest-paid employee
40$129,471$14,178
Iris WeinshallChair/Board Member
Trustee or director, Officer
2$0$0
Sharon MyrieVice Chair/Board Member
Trustee or director, Officer
2$0$0
Melissa JamalSecretary/Board Member
Trustee or director, Officer
2$0$0
David M MarcinekTreasurer/Board Member
Trustee or director, Officer
2$0$0
Shahana HanifEx-Officio/NYC Council Member
Trustee or director
2$0$0
Antonio ReynosoEx-Officio/Brooklyn Borough President
Trustee or director
2$0$0
28 more people on this return
NameTitleHours / weekCompensation
Iris Rodriguez-RosaEx-Officio Board Member
Trustee or director
2$0
Lori ArditoBoard Member
Trustee or director
2$0
Shawn AustinBoard Member
Trustee or director
2$0
Andrew BirshBoard Member
Trustee or director
2$0
Zach BlockBoard Member
Trustee or director
2$0
Shaquana BoykinBoard Member
Trustee or director
2$0
Madeline CarsonBoard Member
Trustee or director
2$0
Tony CastroBoard Member
Trustee or director
2$0
Suzy Coue-WilsonBoard Member
Trustee or director
2$0
Jacob DoctoroffBoard Member
Trustee or director
2$0
Allison DunnBoard Member
Trustee or director
2$0
Liza GilbertBoard Member
Trustee or director
2$0
Sharon GreenbergerBoard Member
Trustee or director
2$0
Winthrop HoytBoard Member
Trustee or director
2$0
Christina HwangBoard Member
Trustee or director
2$0
Michael KaltBoard Member
Trustee or director
2$0
Susan KathBoard Member
Trustee or director
2$0
Tom KeanyBoard Member
Trustee or director
2$0
Sabrina LeblancBoard Member
Trustee or director
2$0
Raquel MalmbergBoard Member
Trustee or director
2$0
Jeff MandelBoard Member
Trustee or director
2$0
Sean O'NealBoard Member
Trustee or director
2$0
James PatchettBoard Member
Trustee or director
2$0
Bahia RamosBoard Member
Trustee or director
2$0
Dr Patricia RamseyBoard Member
Trustee or director
2$0
Page SargissonBoard Member
Trustee or director
2$0
Anne SperlingBoard Member
Trustee or director
2$0
Denise ZarayaBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2024: 39 people
NameTitleHours / weekCompensationOther / benefits
Morgan MonacoPresident / Ex-Officio Board member
Trustee or director, Officer
40$295,385$0
James SnowCOO / CFO / Interim President
Key employee
40$263,289$5,299
Christian ZimmermanVP, Capital and Landscape Mgmt
Key employee
40$170,658$33,788
Susan SharerVP, Development
Key employee
40$154,091$41,846
Deborah KirschnerVP, Communications + External Relations
Highest-paid employee
40$131,810$36,840
Adina ColeVP, People + Culture
Highest-paid employee
40$142,712$19,079
Maria CarrascoVP, Public Programs
Highest-paid employee
40$147,239$2,945
David YumDirector of Architecture & Preservation
Key employee
40$126,692$13,948
Adrian ClarkeTennis Center Director
Key employee
40$123,565$2,089
Susan DonoghueEx-officio Board Member
Trustee or director
2$0$0
Shahana HanifEx-Officio/NYC Council Member
Trustee or director
2$0$0
Antonio ReynosoEx-officio - Brooklyn Borough President
Trustee or director
2$0$0
Lori ArditoBoard Member
Trustee or director
2$0$0
Shawn AustinBoard Member
Trustee or director
2$0$0
Andrew BirshBoard Member
Trustee or director
2$0$0
Suzy Coue-WilsonBoard Member
Trustee or director
2$0$0
Allison DunnBoard Member
Trustee or director
2$0$0
Liza GilbertBoard Member
Trustee or director
2$0$0
Sharon GreenbergerBoard Member
Trustee or director
2$0$0
Winthrop HoytBoard Member
Trustee or director
2$0$0
Michael KaltBoard Member
Trustee or director
2$0$0
Susan KathBoard Member
Trustee or director
2$0$0
Tom KeanyBoard Member
Trustee or director
2$0$0
Sabrina LeblancBoard Member
Trustee or director
2$0$0
Raquel MalmbergBoard Member
Trustee or director
2$0$0
Jeff MandelBoard Member
Trustee or director
2$0$0
David M MarcinekBoard Member
Trustee or director
2$0$0
Lark-Marie MenchiniBoard Member
Trustee or director
2$0$0
James PatchettBoard Member
Trustee or director
2$0$0
Bahia RamosBoard Member
Trustee or director
2$0$0
Dr Patricia RamseyBoard Member
Trustee or director
2$0$0
Robert RosenbergBoard Member
Trustee or director
2$0$0
Page SargissonBoard Member
Trustee or director
2$0$0
Anne SperlingBoard Member
Trustee or director
2$0$0
Dr Nanette ThomasBoard Member
Trustee or director
2$0$0
Saundra ThomasBoard Member
Trustee or director
2$0$0
Iris WeinshallChair / Board Member
Officer
2$0$0
Sharon MyrieVice Chair / Board Member
Officer
2$0$0
Sarah GerstenzangSecretary / Board Member
Officer
2$0$0
990 for the year ended June 30, 2023: 47 people
NameTitleHours / weekCompensationOther / benefits
James SnowCOO / CFO / Interim President
Trustee or director, Officer
40$294,551$6,956
Christian ZimmermanVP, Capital and Landscape Mgmt
Key employee
40$182,220$33,452
Susan SharerVP, Development
Key employee
40$165,324$41,642
Deborah KirschnerVP, Communications + External Relations
Highest-paid employee
40$121,492$40,919
Adina ColeVP, People + Culture
Highest-paid employee
40$137,188$20,410
Maria CarrascoVP, Public Programs
Highest-paid employee
40$136,471$2,720
Curline RoserieController
Highest-paid employee
40$109,609$14,947
Adrian ClarkeTennis Center Director
Highest-paid employee
40$119,141$0
Susan DonoghuePresident/Ex-officio Board Member ending 2/2022
Trustee or director, Officer
40$53,715$1,074
Morgan MonacoPresident and Park Administrator
Trustee or director, Officer
40$5,769$0
Susan DonoghueEx-officio - Commissioner, NYC Parks & Recreation effective 02/2022
Trustee or director
2$0$0
Iris WeinshallChair / Board Member
Trustee or director
2$0$0
Sharon MyrieVice Chair / Board Member
Trustee or director
2$0$0
Mark A and Catherine VarousTreasurer/Board Member
Trustee or director
2$0$0
Sarah GerstenzangSecretary / Board Member
Trustee or director
2$0$0
Shahana HanifEx-Officio/NYC Council Member
Trustee or director
2$0$0
Antonio ReynosoEx-officio - Brooklyn Borough President
Trustee or director
2$0$0
James PatchettBoard Member / Mayoral Appointment
Trustee or director
2$0$0
Lori ArditoBoard Member
Trustee or director
2$0$0
Shawn AustinBoard Member
Trustee or director
2$0$0
Andrew BirshBoard Member
Trustee or director
2$0$0
Luciana Francese DeCrostaBoard Member
Trustee or director
2$0$0
Allison DunnBoard Member
Trustee or director
2$0$0
Jill EisenstadtBoard Member
Trustee or director
2$0$0
Liza GilbertBoard Member
Trustee or director
2$0$0
Sharon GreenbergerBoard Member
Trustee or director
2$0$0
Winthrop HoytBoard Member
Trustee or director
2$0$0
Jorge JuantorenaBoard Member
Trustee or director
2$0$0
Michael KaltBoard Member
Trustee or director
2$0$0
Susan KathBoard Member
Trustee or director
2$0$0
Tom KeanyBoard Member
Trustee or director
2$0$0
Kyle KimballBoard Member
Trustee or director
2$0$0
Sabrina LeblancBoard Member
Trustee or director
2$0$0
Rebecca Messner LeckieBoard Member
Trustee or director
2$0$0
Raquel MalmbergBoard Member
Trustee or director
2$0$0
Jeff MandelBoard Member
Trustee or director
2$0$0
David M MarcinekBoard Member
Trustee or director
2$0$0
Lark-Marie MenchiniBoard Member
Trustee or director
2$0$0
Bahia RamosBoard Member
Trustee or director
2$0$0
Dr Patricia RamseyBoard Member
Trustee or director
2$0$0
Robert RosenbergBoard Member
Trustee or director
2$0$0
Elizabeth RyanBoard Member
Trustee or director
2$0$0
Page SargissonBoard Member
Trustee or director
2$0$0
Anne SperlingBoard Member
Trustee or director
2$0$0
Dr Nanette ThomasBoard Member
Trustee or director
2$0$0
Saundra ThomasBoard Member
Trustee or director
2$0$0
Shannon WinerBoard Member
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
95 PROSPECT PARK W, BROOKLYN, NY 11215-3709
In care of
% JAMES SNOW
Principal officer (990 for 2024)
Morgan Monaco, 95 Prospect Park West, Brooklyn, NY 11215
Signed the 990
Morgan Monaco, President
Phone
(718) 965-8951

Mission

In partnership with the City of New York and the community, the Prospect Park Alliance restores, develops, and operates Prospect Park for the enjoyment of all by caring for the natural environment, preserving historic design, and serving the public through facilities and programs.

990 for the year ended June 30, 2025

Program accomplishments

  • Visitor Services and Events: Prospect Park receives more than 10 million visits each year and the Alliance serves visitors to the Park by offering a variety of fee-based recreational activities, public and private events, and food service operations. Recreational activities include a year-round tennis center and carousel rides in the summer. A variety of food and beverage services are available in the park, private events may be held at a number of different locations, and public events are coordinated throughout the year. The Alliance also sublicenses the LeFrak Center and works closely with the operator to provide a variety of year round recreational activities.
    Expenses $6,003,021 · revenue $6,545,717
  • Design and Construction: Prospect Park Alliance restores the landscapes and buildings within the Park while preserving the historic design. Projects go through a design and approval process, in partnership with the City of New York Department of Parks and Recreation, and are supervised during construction by Prospect Park Alliance. Projects designed by Prospect Park Alliance have won a number of prestigious awards.
    Expenses $3,277,617 · revenue $1,855,716
  • Field Operations: Prospect Park Alliance partners with the City of New York Department of Parks and Recreation (NYC Parks) in caring for the Park's natural environment. The Landscape Management Team monitors, restores and maintains 250 acres of natural areas, coordinating volunteers and the Alliance's Woodlands Youth Crew in this work. The Alliance also provides maintenance staff, supplementing the staff of NYC Parks in cleaning the Park as well as providing a crew to make repairs.
    Expenses $3,726,259 · revenue $49,948
  • Prospect Park Alliance offers educational programs teaching visitors about the natural world and its stewardship, helping to support the Alliance's mission to maintain the Park as a resource for New York City, especially those New Yorkers from underserved and low to mid-income neighborhoods. The Park's Audubon Center and Lefferts Historic House Museum provide important educational and cultural programming. Prospect Park also has a very active Volunteer Corps that is made up of community members who donate their time and energy and are critical to the ongoing maintenance and restoration of the Park.
    Expenses $1,714,036 · revenue $6,402

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2843763
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$58,533,569
Income (IRS master file)
$30,948,596

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$30,190,450$18,052,712$58,533,569IRS
990June 2024$18,186,735$17,012,763$45,524,475IRS
990June 2023$14,051,056$14,717,514$40,930,946XML
990June 2022$20,911,979$11,652,771$40,316,245IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2843763).

Questions about PROSPECT PARK ALLIANCE INC

What is the EIN of PROSPECT PARK ALLIANCE INC?
The employer identification number (EIN) of PROSPECT PARK ALLIANCE INC is 11-2843763.
Is PROSPECT PARK ALLIANCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to PROSPECT PARK ALLIANCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROSPECT PARK ALLIANCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROSPECT PARK ALLIANCE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROSPECT PARK ALLIANCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PROSPECT PARK ALLIANCE INC?
The 990 for the year ended June 30, 2025 names Morgan Monaco.
Who are the officers and directors of PROSPECT PARK ALLIANCE INC?
The 990 for the year ended June 30, 2025 lists 43 people; 9 received compensation from the organization, the highest $306,077 (Morgan Monaco, President).
How much revenue does PROSPECT PARK ALLIANCE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $30,190,450, expenses of $18,052,712 and total assets of $58,533,569 at year end.

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