34th Street Partnership Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Improve the commercial and physical environment within New York Citys 34th Street district by providing the highest quality supplemental urban services and streetscape improvements, including the programming and management of public parks and pedestrian plazas.
- Income
- $17.0 million
- Spending
- $16.9 million
- Spent on programs
- 89%
- Reserves
- -0.1 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 219
- Volunteers
- 57
- Highest pay
- $1.1 million, 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: 52 out of 100. Higher than 30% of charities in its peer group (community improvement, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 42% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 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: 93 out of 100. Higher than 33% of charities in its peer group (community improvement, $10m to $100m).
Independent board
25 of 2551 of 52 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
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave 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 (4)
- $5.0 million spent. Sanitation and special maintenance: uniformed sweepers pick up litter, clean gutters, empty trash cans, remove graffiti and stickers, clean and service park restrooms, clear snow from cross walks, bus shelters and public spaces, and clean and paint streetscape elements throughout the district.
- $3.6 million spent. Security and taxi dispatch: uniformed security officers patrol the district to deter crime, protect property, assist visitors and residents, and report incidents to the NYPD. Taxi dipatchers monitor lines of waiting patrons and taxi cabs at three taxi stands adjacent to Penn and Moynihan Stations and Madison Square Garden.
- $2.5 million spent. Capital projects: streetscape improvements are designed, built and maintained in accordance with the urban design plan of the 34th Street district. Improvements include, but are not limited to signature granite sidewalk corners, distinctive light poles, illuminated street name signs, tree pits, framed traffic control and parking regulation signs, benches, bike racks, park concession and restroom buildings, custom street planters and trash cans. Capital project expenditures include interest and other charges related to the debt issued to finance improvements, as well as the depreciation of those improvements.
- $4.0 million spent. Other program services include the programming and management of public spaces including Herald and Greeley Square parks and the adjacent Broadway and West 33rd Street pedestrian plazas, seasonal horticultural displays in district tree pits, planters, elevated baskets and park planting beds, manned visitor service and tourist information carts, retail services and promotion of the district, its programs and businesses.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.