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New York · Nonprofit

PROJECT FOR PUBLIC SPACES INC

PROJECT FOR PUBLIC SPACES INC (New York) receives grants from 13 organizations whose IRS filings report $2,597,450 to it, the largest being Walton Family Foundation Inc ($1,198,995). 5 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
13
Grants received
$2.6M
Net assets
$447k
5/13 repeat funderspeak grant-dependency 14%
01What it does

What Project for Public Spaces Inc does

Mission

Project for public spaces co-creates outstanding gathering places with the people who use them every day, and supports public space champions through convening, learning opportunities, and advocacy.

As stated on its FY2025 Form 990.

Programs

  1. Placemaking program:placemaking inspires people to collectively reimagine and reinvent public spaces as the heart of every community. Strengthening the connection between people and the places they share, placemaking refers to a collaborative process by which we can shape our public realm in order to maximize shared value. More than just promoting better urban design, placemaking facilitates creative patterns of use, paying particular attention to the physical, cultural, and social identities that define a place and support its ongoing evolution.

    $1,162,091 spentof which $306,000 as grants$395,373 earned by the program
    72% of program spending
  2. Market cities:a market city is a geographic region that is working towards achieving the full potential of its public market system. A market city is aspirational--it is a vision for how stakeholders can work together to create the necessary policies, partnerships, and resources that public markets need to address public goals effectively. These include, but are not limited to, improving health equity, creating economic opportunity, supporting community resilience, and establishing a network of culturally rich gathering places that complement one another and celebrate the unique offerings of a place.

    $449,334 spent$230,026 earned by the program
    28% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,611,425.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($5.1M) Expenses 100 ($5.2M) Net assets 100 ($2.0M)2019 Revenue 83 ($4.2M) Expenses 95 ($4.9M) Net assets 63 ($1.2M)2020 Revenue 49 ($2.5M) Expenses 69 ($3.6M) Net assets 8 ($150k)2021 Revenue 57 ($2.9M) Expenses 43 ($2.2M) Net assets 43 ($838k)2022 Revenue 55 ($2.8M) Expenses 40 ($2.1M) Net assets 78 ($1.5M)2023 Revenue 33 ($1.7M) Expenses 39 ($2.0M) Net assets 54 ($1.1M)2024 Revenue 57 ($2.9M) Expenses 52 ($2.7M) Net assets 62 ($1.2M)2025 Revenue 30 ($1.5M) Expenses 45 ($2.3M) Net assets 23 ($447k)
'18'19'20'21'22'23'24'25
Revenue (30)Expenses (45)Net assets (23)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.9M to $571k (−70%).

$2.5M
$1.7M
$649k
$986k
$1.6M
$1.4M
$1.9M
$571k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 19% · 2021 16%. Grants only. Government contracts and fees sit inside program revenue.

59% of PROJECT FOR PUBLIC SPACES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 2,303 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$110k
’18
−$732k
’19
−$1.1M
’20
$687k
’21
$696k
’22
−$348k
’23
$171k
’24
−$779k
’25
2.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Reena Agarwal

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'18'19'20'21'22'23'24'25
Listed13131098121514
Joined·+2+2+2+2+4+5+1
No longer listed·2533022
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $497k → $200k.

1 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of PROJECT FOR PUBLIC SPACES INC’s funders (the co-funder graph). Top 12 of 13 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

PROJECT FOR PUBLIC SPACES INC leans on a few funders — its largest provides 46% of grant income and the top three 92%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PROJECT FOR PUBLIC SPACES INC.

46%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2017 98% · 2018 90% · 2019 83% · 2020 64% · 2021 89% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

43% of PROJECT FOR PUBLIC SPACES INC's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

PROJECT FOR PUBLIC SPACES INC draws 99% of its grant income from funders outside New York, across 9 states in all.

IL
NY
MA
NJ
CT
CO
MD
AR
OK

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $768k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PROJECT FOR PUBLIC SPACES INC's revenue fell 70% between 2018 and 2025.

Operating margin−50% · bottom quartile
Months of reserve2.1mo · bottom quartile
Revenue growth (annualized)−16% · bottom quartile

this organization peer median middle 50% of peers· 1,209 environment nonprofits $1M–$10M, FY2025

Government funding PROJECT FOR PUBLIC SPACES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $232k on record — $229k federal, $3k state.

Federal$229k
grants $200kcontracts $29k
17
18
21
Top agencies
  • National Endowment for the Arts$200k
  • Department of Transportation$29k
State$3k
05
06
Top programs
  • SPECIAL TRANSPORTATION TRUST FD$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like PROJECT FOR PUBLIC SPACES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 26%Fundraising 5%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

30%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 2 states

NY
CA

Screen this organization

A dated, signed PDF of the compliance screen for PROJECT FOR PUBLIC SPACES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PROJECT FOR PUBLIC SPACES INC?
PROJECT FOR PUBLIC SPACES INC (New York) receives grants from 13 organizations whose IRS filings report $2,597,450 to it, the largest being Walton Family Foundation Inc ($1,198,995). 5 of them have funded it in more than one year.
How many funders does PROJECT FOR PUBLIC SPACES INC have?
IRS filings report 13 organizations giving $2,597,450 in grants to PROJECT FOR PUBLIC SPACES INC, 5 of which have funded it in more than one year.
Who is the largest funder of PROJECT FOR PUBLIC SPACES INC?
Walton Family Foundation Inc is the largest funder on record, with $1,198,995 in grants. The full list of funders is on this page.
How can an organization like PROJECT FOR PUBLIC SPACES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing