MUNICIPAL FORUM OF NEW YORK INC

EIN: 237012700 Mutual Benefit

NEW YORK, NY

Total Revenue
$126,539
Total Expenses
$192,288
Total Assets
$160,273
Net Assets
$152,249
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
NY
Principal Officer
PRESCOTT ULREY
Phone
6462077713
Tax Period
2023-10-01 to 2024-09-30

MUNICIPAL FORUM OF NEW YORK INC, founded in 1938, is a small nonprofit in the Mutual Benefit sector that reported $127K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $192K exceeded revenue, resulting in a 52% operating deficit.

Mission

THE MUNICIPAL FORUM OF NEW YORK, INC., A NEW YORK NOT-FOR-PROFIT CORPORATION, SERVES ACTIVE MEMBERS OF THE UNITED STATES MUNICIPAL SECURITIES INDUSTRY THROUGH ASSOCIATION ACTIVITIES INCLUDING LUNCHES AND DINNERS FEATURING AND RECOGNIZING PROMINENT PUBLIC SECTOR AND INDUSTRY LEADERS OF THE PUBLIC FINANCE COMMUNITY. THROUGH ITS AFFILIATE, MUNICIPAL YOUTH EDUCATION FUND, A 501(C)(3) NEW YORK NOT-FOR-PROFIT CORPORATION, THE FORUM PROVIDES EDUCATIONAL SUMMER INTERN PROGRAMS, FINANCIAL ASSISTANCE TO SUMMER INTERNS ENTERING COLLEGE, AND AN ALUMNI NETWORK FOR SUMMER INTERNS LAUNCHING THEIR CAREERS. THROUGH ITS ASSOCIATION ACTIVITIES, THE FORUM PROVIDES A PLATFORM FOR MUNICIPAL SECURITIES INDUSTRY PARTICIPANTS TO MEET FREQUENTLY, SHARE IDEAS AND LEARN INDUSTRY TRENDS IN CONGENIAL SETTINGS AWAY FROM THE BUSINESS OF DOING DEALS. THROUGH ITS INTERN PROGRAMS, THE FORUM FOSTERS TRAINING AND A FIRST LOOK AT THE BUSINESS WORLD FOR OUTSTANDING NEW YORK CITY HIGH SCHOOL SCHOLARS THINKING OF PURSUING CAR

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $116,176
Program Service Revenue $10,363
Investment Income $0
Other Revenue $0
TOTAL REVENUE $126,539

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $267,257
Other Expenses $92,288
TOTAL EXPENSES $192,288

Year-over-Year Comparison

2023 2022 Change
Revenue $126,539 $110,503 +0.1%
Expenses $192,288 $51,122 +2.8%
Net Income $-65,749 $59,381 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
12
Employees
N/A
Volunteers
19

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PUIG PRESIDENT 2.00
Officer
$0 $0 $0
TIMOTHY MARTIN VICE PRESIDE 2.00
Officer
$0 $0 $0
UYEN POH SECRETARY 2.00
Officer
$0 $0 $0
PRESCOTT ULREY TREASURER 2.00
Officer
$0 $0 $0
ARLENE BOHNER TRUSTEE 1.00
Director
$0 $0 $0
GLORIA BOYD TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL BRITCHKOW TRUSTEE 1.00
Director
$0 $0 $0
PETER CANNAVA TRUSTEE 1.00
Director
$0 $0 $0
PAMELA FREDERICK TRUSTEE 1.00
Director
$0 $0 $0
RANDY GERARDES TRUSTEE 1.00
Director
$0 $0 $0
PORTIA LEE TRUSTEE 1.00
Director
$0 $0 $0
KEVIN MURPHY TRUSTEE 1.00
Director
$0 $0 $0
ROBERT PATTISON TRUSTEE 1.00
Director
$0 $0 $0
MARK PRICE TRUSTEE 1.00
Director
$0 $0 $0
MAULIN SHAH TRUSTEE 1.00
Director
$0 $0 $0
CHARLES STAVITSKI TRUSTEE 1.00
Director
$0 $0 $0
LINDA YIP TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $126,539 $192,288 $160,273 $-65,749
2023 $110,503 $51,122 $229,560 $59,381
2022 $115,627 $27,474 $165,117 $88,153
2021 $112,768 $182,631 $75,827 $-69,863
2020 $83,714 $110,361 $146,067 $-26,647
2019 $117,694 $98,820 $168,974 $18,874
2018 $127,544 $110,539 $163,168 $17,005
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