Totals
- Total revenue
- $1,491,292
- Total expenses
- $1,416,602
- Contributions and grants received
- $1,169,780
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $16,991
- Other revenue
- $304,521
- Total assets, end of year
- $2,721,055
- Total liabilities, end of year
- $797,211
- Net assets or fund balances, end of year
- $1,923,844
- Program services expenses (Part IX)
- $1,194,159
- Management and general expenses
- $139,761
- Fundraising expenses
- $82,682
- Program service expenses (Part III)
- $1,194,159
Program services were 84.3% 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.
-
1c · Fundraising events
$132,825
-
1f · All other contributions, gifts and grants
$1,036,955
-
3 · Investment income
total $16,991 · excluded $16,991
-
8a · Fundraising events: gross income
$395,118
-
8a · Fundraising events: contributions included on line 1c
$132,825
-
8b · Fundraising events: direct expenses
$93,205
-
8c · Net income from fundraising events
total $301,913 · excluded $301,913
-
11a · Other revenue: OTHER INCOME
total $2,608 · excluded $2,608
-
11e · Other revenue, total
$2,608
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $244,812 · program services $192,666 · management and general $17,360 · fundraising $34,786
-
7 · Other salaries and wages
total $451,285 · program services $419,323 · management and general $31,962
-
8 · Pension plan contributions
total $9,813 · program services $9,106 · management and general $707
-
9 · Other employee benefits
total $84,850 · program services $77,856 · management and general $6,074 · fundraising $920
-
10 · Payroll taxes
total $55,054 · program services $48,605 · management and general $3,941 · fundraising $2,508
-
11c · Fees: accounting
total $63,950 · management and general $63,950
-
11e · Fees: professional fundraising services
total $21,000 · fundraising $21,000
-
11g · Fees: other
total $160,996 · program services $160,996
-
12 · Advertising and promotion
total $4,207 · program services $4,207
-
13 · Office expenses
total $9,546 · program services $8,329 · management and general $794 · fundraising $423
-
14 · Information technology
total $21,815 · program services $18,080 · management and general $2,749 · fundraising $986
-
16 · Occupancy
total $82,428 · program services $72,850 · management and general $5,853 · fundraising $3,725
-
19 · Conferences, conventions and meetings
total $91,991 · program services $91,991
-
22 · Depreciation, depletion and amortization
total $2,525 · program services $2,232 · management and general $179 · fundraising $114
-
23 · Insurance
total $13,525 · program services $11,954 · management and general $960 · fundraising $611
-
24a · Other expenses: BANK AND PAYROLL CHARGE
total $42,798 · program services $25,204 · management and general $2,025 · fundraising $15,569
-
24b · Other expenses: EQUIPMENT AND COMPUTER
total $42,029 · program services $37,145 · management and general $2,985 · fundraising $1,899
-
24c · Other expenses: MEMBERSHIP AND SUBSCRIP
total $8,326 · program services $8,326
-
24d · Other expenses: TELEPHONE AND INTERNET
total $3,128 · program services $2,765 · management and general $222 · fundraising $141
-
24e · All other expenses
total $2,524 · program services $2,524
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $874,042 · end of year $717,220
-
2 · Savings and temporary cash investments
beginning of year $613,958 · end of year $1,047,036
-
3 · Pledges and grants receivable
beginning of year $330,008 · end of year $120,256
-
9 · Prepaid expenses and deferred charges
beginning of year $116,027 · end of year $111,941
-
10a · Land, buildings and equipment: cost or other basis
$156,057
-
10b · Land, buildings and equipment: accumulated depreciation
$149,259
-
10c · Land, buildings and equipment, net
beginning of year $4,163 · end of year $6,798
-
15 · Other assets
beginning of year $0 · end of year $717,804
-
17 · Accounts payable and accrued expenses
beginning of year $89,762 · end of year $72,275
-
25 · Other liabilities
beginning of year $0 · end of year $724,936
-
27 · Net assets without donor restrictions
beginning of year $1,240,400 · end of year $1,337,558
-
28 · Net assets with donor restrictions
beginning of year $608,036 · end of year $586,286
Mission and programs · 2022
Mission
CITY FUTURES, INC. IS A CATALYST FOR SMART AND SUSTAINABLE POLICIES THAT REDUCE INEQUALITY, INCREASE ECONOMIC MOBILITY AND GROW THE ECONOMY IN NEW YORK CITY. AN INDEPENDENT, NONPARTISAN POLICY ORGANIZATION, CUF USES FACT-BASED RESEARCH TO ELEVATE IMPORTANT AND OFTEN OVERLOOKED ISSUES ONTO THE RADAR OF POLICYMAKERS AND ADVANCE PRACTICAL SOLUTIONS THAT STRENGTHEN NEW YORK AND HELP ALL NEW YORKERS PARTICIPATE IN THE CITY'S RISING PROSPERITY.
-
FOR MORE THAN 20 YEARS, CUF HAS CONSISTENTLY SHAPED THE POLICY DEBATE AROUND ECONOMIC OPPORTUNITY IN NEW YORK BY PUBLISHING REPORTS THAT ARE WIDELY COVERED IN THE MEDIA, HIGHLY READABLE AND ANCHORED IN RIGOROUS RESEARCH RATHER THAN PRECONCEIVED NOTIONS ABOUT OUTCOME. CUF'S EFFORTS TO CREATE A MORE PROSPEROUS, EQUITABLE AND INCLUSIVE NEW YORK SPAN MANY TOPICS AND POLICY AREAS, AND ARE UNIFIED BY THEIR COMMON AIMS: GROWING NEW YORK CITY'S ECONOMY AND BOOSTING THE NUMBER OF MIDDLE INCOME JOBS; HELPING MORE PEOPLE DEVELOP THE SKILLS AND CREDENTIALS NEEDED TO ACCESS CAREERS THAT PUT THEM ON THE PATH TO THE MIDDLE CLASS; AND MAKING NEW YORK CITY AND ITS MANY AND DIVERSE NEIGHBORHOODS A BETTER PLACE TO LIVE. CUF'S REPORTS DO NOT SIT ON A SHELF; THEY ARE ACTION-ORIENTED DOCUMENTS THAT ROUTINELY SPARK POLICY CHANGES AND SERVE AS AN INVALUABLE RESOURCE FOR GOVERNMENT OFFICIALS, NONPROFIT PRACTITIONERS, BUSINESS LEADERS AND PHILANTHROPIC LEADERS AS THEY ADVOCATE FOR, AND IMPLEMENT POLICIES FOR, ADDRESSING NEW YORK'S BIGGEST OPPORTUNITIES AND CHALLENGES. OUR WORK HAS INFLUENCED THE CREATION OF NEW ECONOMIC DEVELOPMENT INITIATIVES FOR LOW-INCOME ENTREPRENEURS, PAVED THE WAY FOR AN EXPANSION OF YOUTH WORKFORCE DEVELOPMENT PROGRAMS AND SPARKED NEW POLICIES TO SUPPORT AGING IMMIGRANTS. RECENTLY, OUR WORK DOCUMENTED THE VITAL ROLE OF BRANCH LIBRARIES IN EMPOWERING DISADVANTAGED NEW YORKERS AND LAID THE GROUNDWORK FOR THE LARGEST EVER INCREASE IN FUNDING FOR THE CITY'S PUBLIC LIBRARIES.
Expenses $1,194,159
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gifford MillerGIFFORD MILLER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Rafael E CesteroRAFAEL E CESTERO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Max NeukirchenMAX NEUKIRCHEN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Garnesha EzediaroGARNESHA EZEDIARO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Margaret AnaduMARGARET ANADU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan BowlesJONATHAN BOWLES
EXECUTIVE DIRECTOR
- Total calculated
- $216,981
- From this org
- $181,703
- From related orgs
- $0
- Other
- $35,278
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,703
- Bonus
- $0
- Other
- $0
- Deferred
- $7,353
- Nontaxable benefits
- $27,925
- Filer's total
- $216,981
-
Russell DubnerRUSSELL DUBNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Susan FineSUSAN FINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sherry WangSHERRY WANG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kyle KimballKYLE KIMBALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David LebensteinDAVID LEBENSTEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Eric S LeeERIC S LEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Monisha NarianiMONISHA NARIANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andrew ReicherANDREW REICHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John SiegalJOHN SIEGAL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Katy KnightKATY KNIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Thomas VecchioneTHOMAS VECCHIONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jessie LazarusJESSIE LAZARUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kate WittelsKATE WITTELS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Eli DvorkinELI DVORKIN
EDITORIAL & POLICY DIRECTO
- Total calculated
- $166,595
- From this org
- $134,573
- From related orgs
- $0
- Other
- $32,022
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,573
- Bonus
- $0
- Other
- $0
- Deferred
- $3,545
- Nontaxable benefits
- $28,477
- Filer's total
- $166,595
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 · 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441359349310539
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.