Flushing Meadows Corona Park Improvement Fund Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The fund was established for the exclusive charitable and public purpose of benefiting, improving and enhancing Flushing Meadows Corona Park (the Park) in Queens, New York and for the improvement and development of the Park.
- Income
- $418,177
- Spending
- $574,383
- Spent on programs
- 99%
- Reserves
- 11.4 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
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
Good: 73 out of 100. Higher than 41% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 11.4 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 37% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
15 of 1599% of spending went to programs.
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: 100 out of 100. Higher than 98% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 257 of 7 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
10 of 10Gave the board a copy of this return before filing it.
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 (3)
- $290,000 spent. SUMMER STAGE CONCERT - The Organization sponsored and funded a free summer cultural concert series held at Flushing Meadows Corona Park, providing accessible arts and cultural programming to the surrounding community. The program featured live performances, including music and entertainment, and was designed to promote community engagement, cultural enrichment, and public use of the Park. The concerts were open to the general public at no cost, serving residents of Queens and visitors from across New York City. The program supports the Organizations mission to enhance the Park as a vibrant public space.
- $246,633 spent. Restroom trailers and repairs in the Park - The Organization funded the installation, maintenance, and operation of restroom trailers and supported repairs and improvements to park infrastructure within Flushing Meadows Corona Park. These efforts enhanced sanitation, accessibility, and the overall visitor experience, particularly during high-traffic events and peak usage periods. The program contributes to the safety, cleanliness, and usability of the Park for the public, consistent with the Organizations charitable purpose of improving and maintaining public park facilities.
- $30,000 spent. HALLOWEEN EVENT - The Organization sponsored an annual Halloween event in Flushing Meadows Corona Park to provide free, family-friendly recreational programming for the community. The event included activities such as entertainment, seasonal programming, and community engagement initiatives designed to encourage public participation and promote use of the Park. The program primarily served local residents and families and supports the Organizations mission of enhancing the Park as a welcoming and inclusive community resource.
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 October 13, 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 April 2000.
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 October 21, 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.