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Nonprofiteer
← PHILANTHROPY NEW YORK INC

Form 990 for tax year 2023

Filed by PHILANTHROPY NEW YORK INC.

Totals

Total revenue
$4,537,228
Total expenses
$5,272,703
Contributions and grants received
$4,183,032
Grants paid
$500,000
Program service revenue
$109,659
Investment income
$228,802
Other revenue
$15,735
Total assets, end of year
$10,776,864
Total liabilities, end of year
$2,714,432
Net assets or fund balances, end of year
$8,062,432
Program services expenses (Part IX)
$4,393,971
Management and general expenses
$789,067
Fundraising expenses
$89,665
Program service expenses (Part III)
$4,393,971

Program services were 83.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $187,725

  • 1f · All other contributions, gifts and grants

    $3,995,307

  • 2a · Program service revenue: MANAGEMENT FEES

    total $98,009 · related or exempt $98,009

  • 2b · Program service revenue: PROGRAM FEES

    total $11,650 · related or exempt $11,650

  • 3 · Investment income

    total $269,409 · excluded $269,409

  • 6a · Gross rents

    real property $1,449

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,449

  • 6d · Net rental income or loss

    total $1,449 · excluded $1,449

  • 7a · Gross sales of assets other than inventory

    securities $99,523

  • 7b · Less cost or other basis and sales expenses

    securities $140,130

  • 7c · Gain or loss

    securities -$40,607

  • 7d · Net gain or loss

    total -$40,607 · excluded -$40,607

  • 11a · Other revenue: OTHER

    total $14,286 · related or exempt $14,286

  • 11e · Other revenue, total

    $14,286

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $500,000 · program services $500,000

  • 5 · Compensation of officers, directors and key employees

    total $313,030 · program services $244,209 · management and general $63,200 · fundraising $5,621

  • 7 · Other salaries and wages

    total $1,583,216 · program services $1,238,275 · management and general $320,240 · fundraising $24,701

  • 8 · Pension plan contributions

    total $178,710 · program services $137,607 · management and general $35,742 · fundraising $5,361

  • 9 · Other employee benefits

    total $287,345 · program services $221,256 · management and general $57,469 · fundraising $8,620

  • 10 · Payroll taxes

    total $132,441 · program services $101,980 · management and general $26,488 · fundraising $3,973

  • 11b · Fees: legal

    total $938 · program services $722 · management and general $188 · fundraising $28

  • 11c · Fees: accounting

    total $15,600 · program services $12,012 · management and general $3,120 · fundraising $468

  • 11d · Fees: lobbying

    total $22,003 · program services $22,003

  • 11f · Fees: investment management

    total $5,735 · management and general $5,735

  • 11g · Fees: other

    total $1,209,492 · program services $1,075,783 · management and general $116,269 · fundraising $17,440

  • 13 · Office expenses

    total $27,019 · program services $21,077 · management and general $5,315 · fundraising $627

  • 14 · Information technology

    total $33,138 · program services $27,239 · management and general $5,130 · fundraising $769

  • 16 · Occupancy

    total $490,163 · program services $377,296 · management and general $98,552 · fundraising $14,315

  • 17 · Travel

    total $49,189 · program services $38,997 · management and general $8,863 · fundraising $1,329

  • 19 · Conferences, conventions and meetings

    total $244,256 · program services $236,584 · management and general $6,671 · fundraising $1,001

  • 22 · Depreciation, depletion and amortization

    total $95,724 · program services $73,706 · management and general $19,144 · fundraising $2,874

  • 23 · Insurance

    total $21,190 · program services $16,316 · management and general $4,238 · fundraising $636

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $57,479 · program services $44,259 · management and general $11,496 · fundraising $1,724

  • 24b · Other expenses: OTHER

    total $6,035 · program services $4,650 · management and general $1,207 · fundraising $178

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $152 · end of year $152

  • 2 · Savings and temporary cash investments

    beginning of year $4,399,371 · end of year $3,437,840

  • 9 · Prepaid expenses and deferred charges

    beginning of year $47,106 · end of year $42,150

  • 10a · Land, buildings and equipment: cost or other basis

    $1,066,456

  • 10b · Land, buildings and equipment: accumulated depreciation

    $924,694

  • 10c · Land, buildings and equipment, net

    beginning of year $235,815 · end of year $141,762

  • 11 · Investments: publicly traded securities

    beginning of year $4,696,761 · end of year $5,023,259

  • 15 · Other assets

    beginning of year $2,229,508 · end of year $2,131,701

  • 17 · Accounts payable and accrued expenses

    beginning of year $137,739 · end of year $163,206

  • 19 · Deferred revenue

    beginning of year $85,425 · end of year $130,869

  • 25 · Other liabilities

    beginning of year $2,944,184 · end of year $2,420,357

  • 27 · Net assets without donor restrictions

    beginning of year $4,167,706 · end of year $4,532,841

  • 28 · Net assets with donor restrictions

    beginning of year $4,273,659 · end of year $3,529,591

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

ENHANCES ABILITY OF ORGANIZATIONAL & INDIVIDUAL PHILANTHROPISTS TO SERVE THE PUBLIC GOOD

  • NETWORK BUILDING: SEE SCHEDULE O

    Expenses $2,114,769 · Grants $500,000 · Revenue $98,009

  • MEMBER ENGAGEMENT AND COMMUNICATIONS: SEE SCHEDULE O

    Expenses $1,086,296

  • LEARNING AND PROGRAMS: SEE SCHEDULE O

    Expenses $782,837 · Revenue $11,650

  • PUBLIC POLICY ENGAGEMENT: PHILANTHROPY NEW YORK CONNECTS PHILANTHROPY NEW YORK MEMBERS TO POLICYMAKERS AND ACT AS A VOICE ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES THAT PROMOTE EFFECTIVE PHILANTHROPY AND BUILD STRONGER COMMUNITIES.

    Expenses $410,069 · Revenue $14,286

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RINI BANERJEE

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • NICOLE HOWE BUGGS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • NEILL COLEMAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ROSANNA AYBAR

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • JASON MCGILL

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • LAURA ADEN

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KENNETH AUSTIN

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KENYA BRYANT

    MEMBER (ELECTED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • NISHKA CHANDRASOMA

    MEMBER (ELECTED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • DON CHEN

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER CHING

    MEMBER (ELECTED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • TANUJA DEHNE

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • BRENNAN GANG

    MEMBER (ELECTED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • IRFAN HASAN

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CHANNON LUCAS

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • RICKKE MANANZALA

    MEMBER (ELECTED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • MARIA MOTTOLA

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JENNIFER NEGRON

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • HEATHER NESLE

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MARIKO SILVER

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • DIAHANN BILLINGS-BORFORD

    MEMBER (TERM ENDED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • JACQUELINE JONES

    MEMBER (TERM ENDED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • DAVID SANDMAN

    MEMBER (TERM ENDED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • TERESA YOUNGER

    MEMBER (TERM ENDED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • LETICIA PEGUERO

    MEMBER (TERM ENDED MAY 2023)

    Total calculated
    $0
    Hours/week
    2

  • KATHRYN O'NEAL-DUNHAM

    CEO

    Total calculated
    $313,030
    From this org
    $261,885
    From related orgs
    $0
    Other
    $51,145
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $261,885
    Bonus
    $0
    Other
    $0
    Deferred
    $33,266
    Nontaxable benefits
    $17,879
    Filer's total
    $313,030

  • KRISTEN RUFF

    SENIOR VICE PRESIDENT

    Total calculated
    $249,142
    From this org
    $181,944
    From related orgs
    $0
    Other
    $67,198
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,444
    Bonus
    $7,500
    Other
    $0
    Deferred
    $23,500
    Nontaxable benefits
    $43,698
    Filer's total
    $249,142

  • MARLON WILLIAMS

    VP OF COLLABORATION & POLICY

    Total calculated
    $219,377
    From this org
    $155,471
    From related orgs
    $0
    Other
    $63,906
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,429
    Bonus
    $5,042
    Other
    $0
    Deferred
    $19,843
    Nontaxable benefits
    $44,063
    Filer's total
    $219,377

  • YI-CHING LIN

    VP OF LEARNING

    Total calculated
    $183,063
    From this org
    $149,118
    From related orgs
    $0
    Other
    $33,945
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,484
    Bonus
    $4,634
    Other
    $0
    Deferred
    $18,201
    Nontaxable benefits
    $15,744
    Filer's total
    $183,063

  • STEPHANIE BOARDEN

    CHIEF OF STAFF

    Total calculated
    $199,889
    From this org
    $147,905
    From related orgs
    $0
    Other
    $51,984
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,794
    Bonus
    $5,111
    Other
    $0
    Deferred
    $18,835
    Nontaxable benefits
    $33,149
    Filer's total
    $199,889

  • DONITA VOLKWIJN

    SEN. DIRECTOR, MEMBER ENGAGEMENT

    Total calculated
    $147,747
    From this org
    $119,474
    From related orgs
    $0
    Other
    $28,273
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
3 April 2023
IRS schema version
2023v5.0
Source object
202421349349309282

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