Myrtle Avenue Brooklyn District Management Association Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote the growth of local businesses located in the business improvement district and enhance the overall appearance of the business community.
- Income
- $1.2 million
- Spending
- $1.2 million
- Spent on programs
- 92%
- Reserves
- 5.1 months of spending
- Largest source of income
- fees for its services, 46%
- Employees
- 6
- Highest pay
- $100,000, executive dir.
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: 82 out of 100. Higher than 63% of charities in its peer group (community improvement, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 5.1 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1592% 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: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 2513 of 13 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.
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 (6)
- $335,579 spent. Sanitation and Maintenance: Provide supplementary sanitation services, sidewalk sweeping, emptying of cornor garbage bins, graffiti removal, streetlamp and street furniture cleaning and painting, and snow removal at bus shelters and crosswalks.
- $280,282 spent. Direct Marketing: Promotes the commercialcorridor in order to increase business activity for all retailers within the district. The program includes advertising, branding of the shopping district, production of promotional materials, maintenance of a web site presence and electronic communication, media relations, and special events and programming.
- $217,623 spent. Community Initiatives: Supports strategic partnerships with local community groups and schools. Provides support for the Senior Advisory Council, Summer Youth Employment, and mentoring as well as Mayors Action Plan for Neighborhood Safety at Whitman and Ingersoll Houses.
- $215,337 spent. Streetscape Improvements: Promotes physical and aesthetic improvements to public spaces and the built enviroment, including the planting and maintenance of street trees and ornamentals, the design, installation and maintenance of street furniture elements, the creation and maintenance of new public spaces, and providing design assistance and financial incentives to retailers to improve their storefronts and signage.
- $97,488 spent. Urban planning program: Includes conducting economic development, public policy, land use, historic preservation, transportation.
- Security Program: Devotes staff time to frequent communication and coordination with the NYPD, to utilizing crime prevention measures via the facilitation of constant communication and intelligence sharing among retailers, to hosting educational workshops with the NYPD, and to generally monitoring local incidences of crime and other security concerns.
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 July 2015.
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.