Fiscal Year 2015 Report | July 1, 2014
Transcription
Fiscal Year 2015 Report | July 1, 2014
on the Greenway Fiscal Year 2015 Report | July 1, 2014-December 31, 2015 Photo: Gordon Adamyk The Rose Kennedy Greenway is a mile and a half of contemporary parks in the heart of Boston. The Greenway, a roof garden atop a highway tunnel, connects people and the city with beauty and fun. The non-profit Conservancy maintains, programs, and improves The Greenway on behalf of the public and in partnership with the Commonwealth of Massachusetts. Dear Friends, This past year, we changed our fiscal year to a calendar-year basis. We hope you enjoy this Annual Report, which covers the eighteen month period of July 2014 through December 2015! During Fiscal Year 2015, The Greenway changed the conversation about contemporary public art in the Commonwealth. The Conservancy commissioned world-renowned local artist Janet Echelman to create her aerial sculpture, As If It Were Already Here (featured on the cover), drawing international attention and press. Our partnership with other organizations continues to help us bring new and innovative art to Boston (our latest Greenway Wall mural, Lawrence Weiner’s A TRANSLATION FROM ONE LANGUAGE TO ANOTHER, is thanks to a partnership with the MIT List Visual Arts Center, while a collaboration with the Peabody Essex Museum introduced Theo Jensen’s Strandbeests to Dewey Square last August), and a partnership with Radian brought Kyu Seok Oh’s Wandering Sheep to Chinatown Park, the first in our new series based on the Chinese Zodiac calendar. Over a million trackable visitors enjoyed all The Greenway has to offer, whether they were attending one of our 300+ events, utilizing the free Wi-Fi, grabbing a meal at one of the food trucks, or taking a ride on the Greenway Carousel at The Tiffany & Co. Foundation Grove, while millions more casually enjoyed the fountains, gardens, and plazas. And our grant-funded ranger program helps ensure that all who visit are safe and welcome. Thank you for being a part of all the excitement over this past year, and we look forward to all that 2016 will bring! Jesse Brackenbury Executive Director Jim Kalustian Board Chair < > The Conservancy commissioned and installed a monumental Janet Echelman sculpture, As If It Were Already Here, suspended 350 feet over the park from three adjacent skyscrapers. The piece brought the gardens beneath alive and was celebrated by Pulitzer Prize-winning art critic Sebastian Smee as “the most beautiful and audacious piece of public art in Boston in living memory.” Some of the winners of the photo contest sponsored by the Conservancy and Studio Echelman are shown here. Photo credit for image to left: Christopher Connal; images to right listed clockwise from top left: Jared Rentz, Alexander Jenko, Gordon Adamyk, and Jovan Tanasijevic. The Conservancy brought multiple temporary exhibitions of contemporary Public Art. From launching a series of exhibits based on the Chinese Zodiac calendar to teaming up with other groups to host new and innovative art displays, The Greenway welcomed voices both local and international. < (clockwise from top right) Chinatown Park welcomed Grove by GLD architect Joel Lamere and a close-up of Lo-Fab by Mass Design Group. The Fence featured New England photographers, and Wandering Sheep by Kyu Seok Oh, > In cooperation with Design Biennial Boston, The Greenway was proud to offer a place for new voices to be heard with four new installations as part of our cooperative effort to bring public art to downtown Boston. Clockwise from top left: construction of Lo- Fab by Mass Design Group, The Tower by Cristina Parreño Architecture, and a view of the Design Biennial exhibition, with Marginal by Landing Studio in the foreground. Photo: Mark Pasnik < We welcomed our third mural on The Greenway Wall at Dewey Square Park, Shinique Smith’s Seven Moon Junction. This vibrant creation, based on Smith’s original painting, represents the intersection of art and life in Dewey Square Park. Visit www. rosekennedygreenway.org/publicart for Gesture III: One Great Turning, a digital performance combining drone and ground videography. > The fourth (and current) mural on The Greenway Wall is a text-based piece by internationally-acclaimed artist Lawrence Weiner. A TRANSLATION FROM ONE LANGUAGE TO ANOTHER, like much of Weiner’s work, is motivated by the desire to make artwork accessible to all, without needing to purchase a ticket or understand a secret visual language. Photo: Geoff Hargadon < The Greenway hosts over 300 events each year, welcoming over a million trackable visitors annually! Clockwise from the top left: we were excited to welcome the Boys and Girls Club of Boston, Dan Beyer’s “Snow-decahedrons”, a new tradition of Caroling at the Carousel, Greenway visitors enjoying one of more than 80 free fitness classes, and an aerial view of the 2015 Greenway Spring Food Festival. > The seventh annual Greenway Gala, the biggest source of unrestricted funds for the Conservancy honored Goulston & Storrs. Held under a tent on The Greenway, the magical evening culminated in a lantern-lit processional to As If It Were Already Here (featured on the cover of this report). All Gala photos by Pierce Harman. < (top left) The Boston Ballet joined the Conservancy for a performance under As If It Were Already Here. (top right) We hosted the Celebrity Series’ Let’s Dance Boston, featuring five consecutive nights of free dance lessons and dancing to a live band. (bottom) We partnered to upgrade our free Wi-Fi system, improving what is already one of the largest free outdoor networks in the Commonwealth. > (clockwise from top left) In cooperation with the Peabody Essex Museum, we welcomed Theo Jansen’s Strandbeest to The Greenway for an afternoon; “Mmm, broccoli!” Shoppers at the Farmer’s Market in Dewey Square Park enjoy fresh local produce; Boston Calling brought us a weekly block party with free admission and music, and a young visitor enjoys exploring the fountains in the North End Parks. Photo credit: @BostonTweet < > The Conservancy has planted over 100,000 bulbs on The Greenway since its inception! From allium to narcissus, these beautiful signs of spring are always welcome! The Greenway is maintained using sustainable and organic horticulture, which helps ensure a safe place for children and pets. What’s more, the Conservancy’s Park Ranger program helps keep the parks safe and welcoming for all, providing an in-person presence during open hours. We work closely with volunteers, both from local businesses and individuals, to help us care for The Greenway. From helping keep the gardens blooming, to working on special projects in the Conservancy offices, to strolling the parks and providing information to visitors about our Public Art program, volunteers help keep us going! < With seven water features, The Greenway offers something for everyone. The Rings Fountain (top) gives visitors a chance to splash around on a hot day, while Harbor Fog (bottom right) emits a cooling mist. For a quieter experience, the Armenian Heritage Park fountain (bottom left) features the Abstract Sculpture, which is reconfigured annually in celebration of the immigrant experience. > The Greenway Carousel at The Tiffany & Co. Foundation Grove has turned two years old! This Carousel, considered New England’s most accessible carousel for those with physical or auditory disabilities, features fourteen different animals, all native to Massachusetts. Mark Snyderman Lena Romanova Denise Bordonaro Polly Emery Serge Gottschalk Jane and George Li Kelly Frattaroli Noam Ron Cole Boskey Louis J. and Mary Ann Esparo Ray and Joan Green Lincoln Garden Club Cathryn Gannon Laura Rood Sarah Bouvier G. Douglas Evans Lilah Groisser Maryellen Livingston Eric Geller and Cathy Thorn Roxy’s Grilled Cheese Mark E. Boyle Paul Fahlbeck Remo and Silva Guastucci Alyssa Loring The Conservancy gratefully acknowledges those whose gifts, pledges and in-kind services have helped to sustain our work between July 1, 2014 and December 31, 2015. Marjorie Greville Ruth Scully Hall Jesse Brackenbury Linda Fariole Hacin + Associates Inc. Tim Love Daniel Haack Larry and Ilene Seidman Robert Brackenbury Kelly Fattman Kara Hadge Delphine Lowe Gerald C. Haley Frank and Nancy Selldorff Priscilla Bradley Eileen T. Fay Mark Hagopian Arlene Lowenstein Molly and Gregory Hanson William Silva Nancy Brennan Brigette Felago Denise Hajjar Paula A. Luccio * Denotes payments that are part of multi-year grants or pledges Charles and Donna Hazard Dee Smith Henry Warren and Cornelia W. Angela M. Ferrari Sylvia and Roy Hammer Sarah Luick Louise Roberts Herrick Anne St. Goar and Shippen Page Robert Hoyt Sarah Harrington Erik Lund CH2M HILL Robert and Joan Stein Colby C Brunt Diane Garfield and Peter L. Gross, Erin Harvey Robert Lunn Mary Kralis Hoppe James F. Foley Dennis Burke Joanne Hayes-Rines Carol Parker Lustig Nancy Ill Audrey B. Tortolani Richard Burns Jamie M. Fay William E. Henry, Jr. Margaret A. Lynch DONORS MD $100,000 + Coleman Foundation Elkus Manfredi Architects Glenn Benoit Gloria and Allen Larson* Anonymous The Davis Companies The Evans Family Foundation Christopher G. Betke Levi’s Strauss & Company Anonymous Robert and Doris Gordon* Breckinridge Capital Advisors Boston Bruins Foundation Peapod, LLC $500 to $999 Karen Diane Johnson Robert M. Trevisani Patricia A. Cammett Persis and David Levy Kerri Higgins Ann C. MacFate ArtPlace America Harbor Towers I & II Condominium Timothy and Liz Morningstar Boston Cultural Council Wells Fargo Advisors, LLC Kathryn Alexander Marcie and Jeffrey Jonas Raimund and Anne Vanderweil Aubre Carreon Aguilar Dawn Elizabeth Johnson Caroline Holland Eleanor A. Maciolek Edgerley Family Foundation Charles S. and Zena A. Scimeca Sharon Malt Jessica Aponte Linn Anderson Joseph Michelle Wagher Davida Carvin Peter and Beatrice Nessen Jessica Hook Mary M. MacKenzie Barr Foundation Trust* Peter Zalewski Brown The Lynch Foundation Highland Street Foundation Eversource Charitable Fund at The Boston Massachusetts Cultural Council Clara Balkas Kathleen Joyce Neville B. Webb Mr. and Mrs. Frank Catrickes Myles A. Brown and Judy E. Garber Richard Hosker Adrian Madaro Mabel Louise Riley Foundation John Moriarty & Associates Fiduciary Trust Company Foundation Martha A. Mazzone Douglas Barker Holland & Knight Weber Shandwick Sujit Chakravarthy Christopher Joseph Fincham David L. and Koko F. Howell Maureen Maffei Richard & Susan Smith Family Beedee and Ted Ladd Network For Good James C. McArdle Marcia A Barron Kimberly Lambros Susan Whoriskey Sophia Chan Daniel Fink Ann Hruby Jerome Malavoy Loomis, Sayles & Company, LP Bob and Judy Gore Dorothy McCabe Cara Belvin Carmela Laurella Wolf & Company Charitable Ross Chanowski Katie Fink Judith Burns Hurley Cynthia B. Malm Moody, Lynn & Lieberson, Inc. Jones Lang LaSalle Jeanne-Marie Boylan McDermott Ventures Mary C. Bennett Adam Lutynski and Joyce Bowden David Chase Mark and Marney Fischer Linda L. Hyland Stacy Malone Pamela A Murray & Joseph S Cathy and Larry Bennigson Carrie Maille Patricia Cherney Donna M. Fitzgerald Amy Iseppi Maegan Maloney Kate J. Bergeron Income Research + Management James Chisholm Sonnenfeld Family Charitable Fund Laura Jasinski Frank Malsbenden Foundation The Fish Family Fund at The Boston Foundation Foundation, Inc. $25,000 to $99,000 Massachusetts Institute of Technology James M. Kalustian BSA Foundation Robert L. Beal Museum of Fine Arts Leo and Barbara Karas Cervello, Inc Berkeley Investments, Inc. Putnam Investments Susanne A. Lavoie Janelle Chan Neiman Marcus Group Geri Bittner John F. Manning $100 to $499 Dan and Elaine Ciampa Danielle Foley Sarah Jasinski North American Management Citizens Bank Foundation of Shawmut Design and Construction Lawrence C. and Helen M. O’Connor JPMorgan Chase Matthew T. Noon Richard Joseph Bonzagni Melissa Manzi Anonymous Meg Clough Susie Harkins Foos Roger P. Joseph and Patricia David Manfredi and Elizabeth State Street Corporation Ted Maloney and Claire Newton Frances J. Borselli David B. Marr 360 Public Relations Nichola Collins Christi Lyn Fried Eaton Vance Corp. TD Bank Marr Charitable Foundation Children’s Advocacy Center of Suffolk Steve Oare County Ogi Ogas Boston Marriott Long Wharf Dennis and Gail McCarthy William B. Adams Elizabeth G. Cook The Benevity Community Impact Kevin and Julie Callaghan The HYM Investment Group, LLC Michael Mars Kevin Brost Stan McGee Anne-Marie Aigner Peter and Patricia G. Cooper Christina and Kenneth Hecht The Parthenon Group Katherine S. McHugh Denise Alber Katherine Copeland Lawrence John Gage Kate Meany Jon and Erin Anderman Lucas Cowan John T. Miles IV Steven and Kathy Anderson Massachusetts Georgia Murray and Mark M. Maloney Arthur and Andrea Waldstein Christine and Steven Manfredi WalMart National Endowment for the Arts Dwight and Helene Churchill Daniel Passacantilli Commodore Builders Rockefeller & Co. Dellbrook Construction The Residences at Rowes Wharf Nutter McClennen & Fish LLP Earthshare Lisa and Dan Schimmel Ocean Prime Boston Marc and Judith Ehrlich Rebecca-Jean Smith Patricia Meister Trevisani at The Deborah Spirio Massachusetts Convention Center Authority National Grid* $5,000 to $9,999 Pembroke Real Estate New England Foundation for the Arts A Better City Beatrice Roy New Boston Ventures LLC Au Bon Pain Helen Chin Schlichte Normandy Real Estate Partners & Bank of America Merrill Lynch Tishman Speyer Properties Blue Cross Blue Shield of Trillium Asset Management, LLC Harbinger Development Massachusetts Wellington Management Company $10,000 to $24,999 BNY Mellon Autodesk, Inc. Bowditch & Dewey, LLP $1,000 to $4,999 Bank of America Foundation Kathryn R. Burton and Chad Miles Kevin Ahearn Beacon Capital Partners, LLC Jackson Lexington Insurance (AIG) Bloomberg LP CBT Architects Alexander Aronson Finning CPAs Henry R. Lewis Family Foundation The Chiofaro Company, International Beacon Hill Garden Club Bud and Margaret Ris Boston Properties Place, and the Harbor Garage The Druker Company, Ltd. MacLaughlin III David I. Begelfer Steven B. Belkin Commonwealth Charitable Fund, Inc. TD Garden Gee How Oak Tin Association of New England, Inc. Caitlin Gibbs Bill Golden Halvorson Design Partnership, Inc. Geoff Hargadon and Patricia La Valley Hines International Health, Racquet & Sportsclub Association KPMG International Stephen McDonough Landscaping Inc. The Stop & Shop Supermarket Company, LLC Alice Wood Palmer Lowrey Marc E. and Cynthia A. Joyce Audrey Markoff Julie Judson Jennifer Marks Paul Karner Laurel Martens Gisele and Conrad Gagnon Karen Elizabeth Keogh Sara and Charlie McCabe Katherine Craven Annmarie D. Galli Michael J. Kineavy Peter Charles McClary Gregg Moree Catherine Applegate Linda and James Cravens Garden Club Federation of Amanda and Robert King Max McClaskie Chris Colbert and Kate Gilbert Garlan Morse Victor Aragona John Crees and Trish Doyle Samantha Kingsbury Rosemarie A. McCobb Patricia Cole James Murphy Katharine and Rodney Armstrong Sam Crocker Garden Club of Concord Nancy Kostakos* Merit E. McIntyre Concept Carts, LLC Cindy Nelson Sydney Asbury Mia Cross Stanislav Gayshan Kathleen and Geoff Kramer Jen Mecca Jason and Michael Cooper Scott and Heather Barrington Tristan Back Cushman & Wakefield Inc. GE Foundation Matching Gifts Kristopher Kranzky Joshua Medeiros Carol S. Ball Chesley H. Davis Samantha Krasner Jennifer Mei Sara Bryant Trixie Burke Nathan C Burnett Jeanne Ciccone Coughlin Betke LLP Penna Fund Massachusetts, Inc. Program Turner Construction Company Barry Jay Cronin Joseph Popolo Kim Barnett Nancy Dellarocco Peter E. Gelhaar Jean and Jordan Krasnow Carole Meixsell Wendy Trevisani Laura B. Cronin Kathleen Houlihan Rao Gioia Barry Prabhakar Devavaram Lawrence Glovin Aaron Kravitz and Emily Ladd- Cavan Merski Janet Veasey Deneen Crosby Rasky Baerlin Strategic Nicole Bellisle Amy Deveau Jo Martha Glushko Ralph and Kathy Verni Nicholas and Elizabeth Deane Donna G. Belmonte Persis Dhas Darrin Gold David Lank Vision Retailing, Inc. Susanne T. DeSanctis Kenneth Revis Clinton Bench Nancy Dow Deborah B. Goldberg Angela and Chris Lanoue Arthur J. Gallagher & Co Jon Desmond Mark and Karen Ridlen Walter Bentson Peter Durand Elizabeth Good and Tucker Peter Launie Susan and Robert Montgomery Winslow, Evans & Crocker, Inc. Keith Dragon John and Patricia Roberson Eric Bentz Westy and Susan Egmont Julie Fagan David and Barbara Roberts Radhika Bhattacharya Paul and Lisa Eisenberg Matthias Ferber Fradique Rocha Jodi A. Wolin Genevieve and Justin Wyner Communications Michael Bojanowski Sean Ellis Rosebrock Kravitz Caroline Miller Thomas Montanari and Temple Goodhue Richard T. Lawler Scott and Janet Moore Peter Gori Lisa Lederer Nicole Morell Jeanne Goswami Mary Kay Leonard Thomas Cashdollar Morris Andrey and Lisa Mykyta Lynn W. Smiledge Renee and Sammy Wood Marla Dolan Linda A. Lunn Stephen T. Romano The Chiofaro Company Christina Nagler Maureen A. Smith WORK, Inc. Dorothy L. Donahoe Ari Lurie Rachael S. Rosselli Cliff Bar & Co Nauset Garden Club Debra A. Sordillo Siyu Xiao Claudine Donikian Jenny Mackintosh Amanda Ryle Cookie Monstah Lindsay Neagle Louis Sostilio Junbo Zhang Denise F. Doyon Gina Magnuson Norman and Patricia Sabbey Robert Gordon Michael Nichols Alexander Souroufis Morton and Myra Zisk Marilyn Duffy-Cabana Georgette Burpee Maloof Abbas and Mary Alice Samii Goulston & Storrs, PC Ben and Joanne Niedermeyer Barbara Anne Sousa Duncan Spelman and Elizabeth Michelle Marcinelli John W. Sears Graybar Electric Company, Inc. Herbert Nolan Mary E. Stack $1 to $99 Robert and Normajean Marston Daniel Sieger Greater Boston Convention and Tim O’Brien Judith J. Stackpole Kirsten Alexander Morris Englander Sharon Walker Mastenbrook Thomas Alan Smarr Jr. Grady Visitors Bureau Greg O’Keeffe State Street Foundation Helen Alkon Michael and Gayle Epp Pavlina Atanasova Jerome Smith Harpoon Brewery Jennifer Osterhout Joan Lukey Stevenson Phyllis Andersen Chris and Fred Fahey Lisa Melpignano Alice Speck Howard Stein Hudson Assoc Thomas C. Palmer, Jr. Janet Stewart Anonymous John & Anne Fanton Barbara Boyce Meyer Marsha Anne Staten Improper Bostonian Robert and Joanne Paone Patricia and Wesley Stimpson Noah Atlas Joy Feldman Margaret E. Michaud Jean C. Stewart InterContinental Boston John M. Pearsall and Mary Ellen Sigourney Street Robert J. Avalle Maureen A. Ferris Kara Miller Ellie Sullivan JetBlue Miller Anne Marie and Mark Sutton Joanna Baker Sam Flynn-Alling Whitney Moberg Gloria Sullivan Julian Tryba Photography Tony Pell Maureen O’Brien and Robert Ali Baldassare Nicole Giammarco Morning Study Group of the Michael and Jessica Tarselli KHJ Brand Activation Eric Bastine Janet Z. Giele Christopher Taylor The Liberty Hotel Matthew Peterson Sweeney Lexington Field & Garden Club Mary Pichetti Lindsey Swett Maureen Benoit Elizabeth Goldman Judy Murdock Clifford Thompson Lumenpulse Rachel Irving Pitts Donald J. and Barbara Tellalian Barry Berman Joan Gorton Joan E. Murphy Kevin Thurston Marr Scaffolding Company The Plymouth Rock Foundation Bree Theobald Krista Bialowas Alyse Gould Keegan Nashan Lucca Townsend Massachusetts Convention Center Scott Poleo Zachary Thomas Moira Boles Hillary Gove Barbara C. Natke Elizabeth Twombly Richard and Sharon Polisson Brynn Thompson Borns Group Donna and Gerardo Grieco Elizabeth Near Frank Ulip MassDOT Julia Pollack Daniel Toscano Barbara Jeanne Boylan Emily Gullickson Caroline Nehls Uno Restaurant LLC Massport John J. Pregmon Mary and Jim Tracy Avrah Brandes Saghar Hamidzade Kim Lesley Nichols Eric Volkernick Mayor Martin J. Walsh and the City Malinda and Ron Pulicari Charles and Anna Tretter Andrew Brown James Harder Barbara L. Nihen Lynne Waldman Alden S. Raine Michael Ratty US Bank Global Corporate Trust Services Ruthann Buchman John and Jocelyn Hayes Sean O’Connell Sonia Weinhaus Gail Burchard Melissa Henry Terese O’Connell Glen and Marcia Weisbrod New England Security Group Donna Burke Ann Hershfang John and Joanne O’Donnell Margaret Ruth Wermer Daniel Passacantilli Josephine and Andrew Burke Grace Holley Bryan Olds Doris H. Wilson Peterson Party Center Marlen Cale Susan Houle Sheila O’Neill Sandra Wong Prince Lobel Tye Claire Cardella Sarah Hutt Chris Osgood Daniel Zeese Radian Polly Carpenter Joanne F. Jacobs Maureen Osolnik Suhui Zhang Rugged Events Alicia Palombo Carolyn M. Parsons & George H. Thomas Ready Robyn Reed Felipe Venegas Mark Reedy Michael and Vicki Vensel Emily Renshaw Jenna Ventorino Miguel Rosales Laura Vogel Susannah Ross Renata von Tscharner Adam Castiglioni Shirley Muirhead Jenkins Diane Rubin Don Washington Anne Marie Cerami Amy Jones Abigail Ruettgers Mindee Wasserman Cameron Chateauneuf Elizabeth Judge Nahid Safar Penny Barker Weeks Nancy Conlin Cathy Kaldy James T. Salini Robin Weeks Eva S. Conniff Karen and Edmund Marcarelli Marc Casden Savatsky Robin Weinberger Doris Craig Bridget J Keane Cameron Sawzin Dani Weinstein Larry and Denise Cultrera Melanie and Matt Kelly Barbara Schwartz Amy Sennett Mike Seskevich Rosalie Shane Kathryn L. Wells Robert A. White Nancy Wilde Dorothy and Richard Willey Pace Willisson of Boston MBTA Annick D. Van den Abbeele John M. Schmid Authority Susanne Dao Paul and Heidi De Genaro Maryellen Dee Cheryl Delaney Paul S. and Helen H. Dewey Sabroso In-Kind Donors Sarni Dry Cleaning Allison Peabody Above Summit Serafina Michael Pistininzi and Megan Alexander, Aronson, Finning & Co Shawmut Design and Construction Art New England Studio Echelman Colleen Richards Powell Arup Tishman Speyer Properties Robyn Kenny-Londergan Deborah Pryor Autodesk, Inc. Trade Dorothy A. Keville Emily Rabin A. Bonadio Vanasse Hangen Brustlin, Inc. Megan Kiely Edward Rabinovitz Boston Calling WBUR Judy Komarow Shelly B. Rainen Boston Common Coffee WBZ Judy and Peter Kugel Ganesh Rao Boston Globe Wicked Wine Robin Laverdiere Angela Rappoli Cabot Creamery Cooperative Zo on the Go Celebrity Series of Boston Central Wharf Co. Parsons Lindsey Marilyn Shepard Marcelle M. Willock Karen D. Skinner Amy M. Wixon Robert DiGirolamo Elizabeth Callery Lavery Carolyn Reckhow Leone Nell Smets Anita Wolin J. Lawrence and Elaine B. Dohan Howard and Gareth Levy Ryan Robert Vicky Dhima Ryan Iron Works, Inc Operating Revenue and Support Government support, MassDOT FINANCIALS In July 2015, the Board of Directors voted to approve a change in the Conservancy’s fiscal year end from June 30 to December 31 for years beginning on and after July 1, 2014. This was initiated to better reflect a natural business year. At the recommendation of our auditors, FY15 was extended to 18 months (July 1, 2014-December 31, 2015) to accommodate the change. FY16 will reflect the new January 1-December 31 calendar fiscal year. During the FY15 18-month period, the Conservancy achieved unprecedented growth in private revenue and in-kind support, in large part due to an extensive public art campaign. Earned income in FY15 also increased significantly because of strong management of the Mobile Eats Program paired with the continued strength in the food truck industry; other notable earned revenue factors included event fee opportunities and contracted maintenance and horticultural services for two abutting properties. In addition to the Greenway Gala fundraising event, the Conservancy introduced a new annual fundraising event for young professionals. MassDOT funding for maintenance and horticulture, including cash and in-kind, increased in FY15 to help supplement for the care of new parcels that were added to the Conservancy’s lease. On the expense side, in FY15 the Conservancy grew the percentage spent on programmatic items to over 85%. The majority of these programmatic costs were for organic landscape care, park maintenance, and hundreds of free public programs. The largest increase was for the large-scale public art Echelman exhibit; a new program introduced 2 park rangers for security and ambassadorship. Administrative expenditures remained low in FY15 due to close monitoring of budgets combined with new cost-saving approaches to IT management. Fundraising efforts and associated expenditures were increased to secure contributions for the expanded public art, rangers, and volunteer programs. Government support, grants In FY15, non-operating support included capital funding from MassDOT for both equipment and new parcel improvements. Significant contributions were also received from donors to help fund a new drinking fountain and a major capital repairs project in North End parks. In keeping with our investment policy, the Conservancy continued to draw from the endowment at a pre-set rate to fund current operations. The Conservancy’s investment income was negative in FY15 due to poor market performance. In alignment with our fixed asset policies, the Conservancy wrote off two discontinued leasehold improvement projects and several disposed assets. FY15 18-month period $2,885,948 $119,000 In-kind revenue - public $442,500 In-kind revenue - private $664,064 Contributions and grants $2,238,122 Gala & event revenue, net $352,390 Earned revenue $1,142,095 Endowment draw for current operations Other Income and recoveries Total operating revenue and support $961,508 $10,973 $8,816,600 Operating Expenses before Depreciation Programmatic $7,593,413 Administrative $495,938 Fundraising $723,367 Total operating expenses before depreciation $8,812,718 Depreciation $407,109 The Greenway operates with a public/ private funding model. Since its founding, the Conservancy has leveraged its government support to raise more than $34M through philanthropy and other private funds. Non-Operating Revenue and Support Government support, MassDOT - capital projects $299,456 Government support, grants - capital projects $225,000 Contributions and grants, capital projects $50,000 Endowment draw for current operations $(961,508) Investment income, net of fees $(730,061) Write-off of assets no longer in service $(303,355) Total non-operating revenue and support $(1,420,468) Change in net assets $(1,823,695) Net assets, beginning of the year $21,599,021 Net assets, end of the year $19,775,326 t Tr a il om Lewis Whar f ed t Fre e re et St Haymarket No d St re e t et Commercial Whar f Haymarket tre y on nS t ree ck tre et on mm st St e re t Holocaust Memorial No er ald Su rfa ce Ro tic e Av nue Georgia Murray Young K. Park Christopher Columbus Park Armenian Heritage Park Tiffany & Co. 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