Form 990 for tax year 2023

Totals

Total revenue

$1,395,063

Total expenses

$1,571,727

Contributions and grants received

$1,493,338

Grants paid

$0

Program service revenue

$0

Investment income

$40

Other revenue

-$98,315

Total assets, end of year

$603,399

Total liabilities, end of year

$401,022

Net assets or fund balances, end of year

$202,377

Program services expenses (Part IX)

$1,364,157

Management and general expenses

$84,129

Fundraising expenses

$123,441

Program service expenses (Part III)

$1,364,157

Program services were 86.8% 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.

Mission and programs · 2023

• LEADERSHIP INSTITUTE - GRADUATED THE COHORT OF THE 16TH CUP NEW YORK FELLOWS PROGRAM - A DYNAMIC AND ENGAGED GROUP OF BUSINESS AND CIVIC LEADERS; 24 MID-CAREER PROFESSIONALS, FOR A TOTAL OF 501 CUP NY FELLOWS ALUMNI TO DATE. JANUARY 24, 2023, 120 ATTENDED. KEVIN POWELL, ACTIVIST, WRITER AND PUBLIC SPEAKER, SAM LALANNE, MANAGING DIRECTOR, HEAD OF DIVERSITY AND INCLUSION FOR INSTITUTIONAL SECURITIES GROUP, INVESTMENT MANAGEMENT, INTERNATIONAL; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; BENIS REFFKIN, EXECUTIVE, LIFE, & LEADERSHIP COACH, NO ONE SUCCEEDS ALONE: LEARN EVERYTHING YOU CAN FROM EVERYONE YOU CAN; DALE FAVORS, MANAGING PARTNER, ADAPTIVE GROWTH LEADERSHIP, DIRECTOR, CUP NY FELLOWS PROGRAM; JACQUES SEXTON, ASSOCIATE GENERAL COUNSEL, DAILYPAY, CUP NY FELLOWS ALUMNI LEADERSHIP COMMITTEE MEMBER; RAY REYES, MANAGING DIRECTOR OF PROGRAMS AT THE OPPORTUNITY NETWORK. CONCLUDED OUR 6TH YEAR OF THE CUP LA FELLOWS PROGRAM IN JANUARY 2023 WITH 26 GRADUATES, FOR A TOTAL OF 130 CUP LA FELLOWS TO-DATE. FEBRUARY 2, 2023, 88 ATTENDED. ROBERT HOWARD III, FOUNDER & CEO, TALKING IN CIRCLE LLC; MICHAEL A. PERSAUD, PORTFOLIO MANAGER, GLOBAL SPORTS AND ENTERTAINMENT ASSOCIATE DIRECTOR, MORGAN STANLEY, CUP BOARD CHAIR; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LISA SILVERA, CONSULTANT, CUP LA; ALEX ALEXANDER-WIENKERS, DIRECTOR OF ADMISSIONS, RICE UNIVERSITY; TULANI WATKINS, PROJECT MANAGER, BUSINESS OPERATOR, META CUP CONVENING VIRTUAL AND IN-PERSON EVENT WAS HELD JOINTLY WITH NY & LA, HOSTED BY THE HELEN MILLS THEATER AND MILTAN MANAGEMENT, OCTOBER 14, 2023, 50 ATTENDED. PATRICIA ROBERTS, DAMION MARTIN, JACQUES SEXTON, LESLIE SWAIN, TOBI JAUYESIMI, NICHOLAS DE ALEJO, JUANCARLOS CHACON, DIONNE NEAL, TAIWO ONIBOKUN-KADIRI.

  Expenses $489,645

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $614,681

• IN HONOR AND CELEBRATION OF CUP'S 16TH ANNIVERSARY YEAR, PRODUCED TWO CUP CONVERSATIONS PROGRAMS: "CUP CONVERSATIONS: THE EMPOWERMENT & VISIBILITY FACTOR FOR LGBTQIA+ CREATIVES, HELD VIRTUALLY FOR PRIDE MONTH, TUESDAY, JUNE 27, 2023. OVER 50 REGISTERED. SPEAKERS: ALEXIS JOS RIOS, DIRECTOR OF MARKETING, NATHAN HALE WILLIAMS, PRESIDENT & CEO, IN-HALE ENTERTAINMENT LLC A CUP CONVERSATION WITH MICHELLE MILLER: BELONGING HOSTED BY COMPASS, SPONSORED BY IWOMANTV, IN-PERSON, THURSDAY, APRIL 6, 2023. OVER 50 REGISTERED. SPEAKERS: CATHLEEN TRIGG-JONES, FOUNDER, IWOMANTV, EMMY AWARD-WINNING JOURNALIST, TALK SHOW HOST, PRODUCER AND ACTRESS, MICHELLE MILLER, CO-HOST, "CBS SATURDAY MORNING", JOURNALIST, MOM, WIFE, FRIEND, AND ADVENTURER BLACK HISTORY MONTH EVENT CELEBRATING BLACK ARTISTS HOSTED BY PAMELA JOYNER AND REGGIE VAN LEE, IN-PERSON, MONDAY, FEBRUARY 13, 2023. OVER 137 REGISTERED. SPEAKERS: PAMELA JOYNER, BUSINESSWOMAN AND ART COLLECTOR; REGGIE VAN LEE, PARTNER AND CHIEF TRANSFORMATION OFFICER, THE CARLYLE GROUP; MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; TRACI WILKES SMITH, SENIOR VICE PRESIDENT AND TALENT AGENT, CSE; STEPHANIE BROWN, GOVERNMENT AFFAIRS, WONDER CUP CONNECTIONS BANK OF AMERICA, PART I: HARNESSING RESILIENCE TO BUILD A CAREER VIRTUAL, WEDNESDAY, APRIL 5, 2023. OVER 115 REGISTERED. SPEAKERS: MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LYNNE FAIRBANKS, SENIOR VICE PRESIDENT, GLOBAL WOMEN'S TALENT STRATEGY, BANK OF AMERICA, JEN AUERBACH, MANAGING DIRECTOR, HEAD OF STRATEGIC GROWTH, MERRILL; PATRINA DIXON, FOUNDER AND CEO IT'$ MY MONEY, OWNER OF P. DIXON CONSULTING SBE/MBE/WBE, BANK OF AMERICA INSTITUTE FOR WOMEN'S ENTREPRENEURSHIP AT CORNELL RECIPIENT; ILEANA MUSA, MANAGING DIRECTOR, HEAD OF INTERNATIONAL BANKING AND LENDING, MORGAN STANLEY, AYANNA STEPHENS, SVP, HUMAN RESOURCES EXECUTIVE, BANK OF AMERICA; CICELY WASHINGTON, VP, SR. DIVERSITY B/AA, STRATEGY MANAGER, BANK OF AMERICA TALENT REPRESENTATIVE CUP CONNECTIONS BANK OF AMERICA, PART II: YIELDING NEW STRATEGIES & SAFEGUARDING SELF-CARE VIRTUAL, WEDNESDAY, APRIL 26, 2023. OVER 200 REGISTERED. SPEAKERS: MELISSA FENTON, EXECUTIVE DIRECTOR, CUP; LYNNE FAIRBANKS, SENIOR VICE PRESIDENT, GLOBAL WOMEN'S TALENT STRATEGY, BANK OF AMERICA, JEN AUERBACH, MANAGING DIRECTOR, HEAD OF STRATEGIC GROWTH, MERRILL; ILEANA MUSA, MANAGING DIRECTOR, HEAD OF INTERNATIONAL BANKING AND LENDING, MORGAN STANLEY, AYANNA STEPHENS, SVP, HUMAN RESOURCES EXECUTIVE, BANK OF AMERICA; CICELY WASHINGTON, VP, SR. DIVERSITY B/AA, STRATEGY MANAGER, BANK OF AMERICA TALENT REPRESENTATIVE HELD A "CUP CONNECTIONS: BUILDING GENERATIONAL WEALTH" VIRTUAL WEBINAR SPONSORED BY MORGAN STANLEY, TUESDAY, MAY 9, 2023. OVER 230 REGISTERED. SPEAKERS: MICHAEL A. PERSAUD, FINANCIAL ADVISOR, MORGAN STANLEY, CUP BOARD CHAIR; KRYSTAL BARKER BUISSERETH, MANAGING DIRECTOR, HEAD OF FINANCIAL WELLNESS, MORGAN STANLEY; STEVEN DOUEK, MANAGING DIRECTOR, FINANCIAL ADVISOR, MORGAN STANLEY; AARON HARDING, MANAGING DIRECTOR, CHIEF REVENUE OFFICER FOR MORGAN STANLEY AT WORK; CHRISTYL LUCILLE MURRAY, EXECUTIVE DIRECTOR, DIVERSITY & INCLUSION OFFICER, MORGAN STANLEY; KARA UNDERWOOD, MANAGING DIRECTOR, HEAD OF DIVERSITY, INCLUSION AND TALENT, MORGAN STANLEY WEALTH MANAGEMENT FERNANDO A. BOHORQUEZ JR. BROOKLYN HALF-MARATHON FELLOWS CHALLENGE. IN-PERSON, SUNDAY, MAY 21, 2023. HELD AN IN-PERSON NY FELLOWS HOLIDAY GATHERING AT THE "MAYFLY NYC" ON DECEMBER 14, 2023. 50 ATTENDED. FERNANDO A. BOHORQUEZ, JR., PARTNER, LITIGATION AND INTELLECTUAL PROPERTY, BAKERHOSTETLER HELD AN LA HOLIDAY HANGOUT, AT "SUNSET HOUSE LA" - LOS ANGELES, CA, FRIDAY, DECEMBER 15TH, 2023, SPONSORED BY MAR VISTA INVESTMENT PARTNERS AND PATTY LAURENT SIGNATURE. OVER 300 REGISTERED.

  Expenses $259,831

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

19 September 2024

IRS schema version

2023v5.1

Source object

202412639349300816

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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