Times Square District Management Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE TIMES SQUARE ALLIANCE WORKS TO IMPROVE AND PROMOTE TIMES SQUARE - MAKING IT CLEAN & SAFE WHILE CULTIVATING THE CREATIVITY, ENERGY AND EDGE THAT HAVE MADE THE AREA AN ICON OF ENTERTAINMENT, CULTURE AND URBAN LIFE FOR OVER A CENTURY.
- Income
- $29.1 million
- Spending
- $29.3 million
- Spent on programs
- 83%
- Reserves
- 5.6 months of spending
- Largest source of income
- fees for its services, 71%
- Employees
- 190
- Volunteers
- 39
- Highest pay
- $573,284, president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100.
Reserves
20 of 35Spendable reserves would cover 5.6 months of spending.
Debt
10 of 20It owes 33% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 8% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100.
Independent board
25 of 2539 of 50 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $8.4 million spent. SANITATION - MAINTAINING CLEAN STREETS/CURBS AND GARBAGE REMOVAL.
- $9.4 million spent. EVENTS AND PROGRAMMING - CREATING SPECIAL EVENTS AND DISTINCTIVE PROGRAMMING TO PROMOTE THE DISTRICT TO RESIDENTS AND TOURISTS.
- $4.4 million spent. PUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND A WORKING RELATIONSHIP WITH THE NEW YORK CITY POLICE DEPARTMENT.
- $950,300 spent. POLICY, PLANNING AND RESEARCH - MANAGING PUBLIC SPACE THROUGH URBAN PLANNING AND CONDUCTING RESEARCH TO RETAIN, SUPPORT AND ATTRACT PROSPECTIVE BUSINESSES.
- $1.1 million spent. COMMUNICATIONS AND EXTERNAL AFFAIRS - COMMUNICATING INTERNAL AND EXTERNAL FACING NEWS AND INFORMATION THROUGH PUBLIC RELATIONS AND MARKETING AND MANAGING GOVERNMENT RELATIONS AND ADVOCACY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.