CITIZENS BUDGET COMMISSION INC Charity Report

Public IRS 990 nonprofit record

CITIZENS BUDGET COMMISSION INC

EIN 13-0576141 · Public & Societal Benefit (W06Z)

What they do

THE CITIZEN BUDGET COMMISSION, INC. ("CBC") is A NONPARTISAN, NOT-FOR-PROFIT CIVIC ORGANIZATION DEVOTED to INFLUENCING CONSTRUCTIVE CHANGE IN THE FINANCES and SERVICES of NEW YORK CITY (THE "CITY") and NEW YORK STATE (THE "STATE") GOVERNMENTS. (CONTINUED SCHEDULE O)(CONTINUED FROM PAGE 2, PART III, LINE 1) CBC WAS FOUNDED IN 1932, A TIME of GREAT FISCAL CRISIS, WHEN A GROUP of CIVIC LEADERS FORMED A RESEARCH ORGANIZATION THAT WOULD ANALYZE THE CITYS FINANCES, EVALUATE THE MANAGEMENT of CITY GOVERNMENT, REPORT ON THESE MATTERSTO ITS MEMBERS, and RECOMMEND IMPROVEMENTS to MUNICIPAL OFFICIALS. IN 1985, CBC EXPANDED THIS ANALYSIS to INCLUDE THE FISCAL AFFAIRS of STATE GOVERNMENT. CBCS PURSUIT of ITS MISSION is EMBODIED IN FOUR INTERRELATED ROLES: WATCHDOG, RESEARCH ORGANIZATION, MONITOR of IMPLEMENTATION and DISSEMINATOR of INFORMATION. CBC is FUNDED PRIMARILY BY CONTRIBUTIONS, SPECIAL EVENTS and INVESTMENT INCOME.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

56.18%of revenue went to mission work71.0% of expenses · Program services

11.21%of revenue went to fundraising14.2% of expenses

$79.15spent for every $100 of revenueRevenue covered expenses this year.

11.76%of revenue went to management and office costs14.9% of expenses

$5.04in assets for every $1 spent this yearSome assets cannot be spent right away.

76.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $349,548 for ANDREW S REIN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,918,802

Mission workProgram services$2,201,55656.18% of revenue71.0% of expenses

ManagementOffice and general costs$461,03011.76% of revenue14.9% of expenses

FundraisingAsking for donations$439,20311.21% of revenue14.2% of expenses

Revenue left after expensesReported annual surplus$817,01320.85% of revenueShown in gray on the chart

Total expenses$3,101,78979.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.0% mission · 14.9% management · 14.2% fundraisingTotal expenses: 79.15% of revenue

2023Expense mix: 76.0% mission · 13.7% management · 10.3% fundraisingTotal expenses: 86.81% of revenue

2022Expense mix: 74.2% mission · 13.8% management · 12.0% fundraisingTotal expenses: 73.89% of revenue

2021Expense mix: 73.2% mission · 14.3% management · 12.5% fundraisingTotal expenses: 83.89% of revenue

2020Expense mix: 82.3% mission · 9.4% management · 8.2% fundraisingTotal expenses: 114.99% of revenue

2019Expense mix: 82.4% mission · 9.9% management · 7.7% fundraisingTotal expenses: 89.20% of revenue

2018Expense mix: 84.1% mission · 10.3% management · 5.6% fundraisingTotal expenses: 95.68% of revenue

2017Expense mix: 84.5% mission · 9.2% management · 6.3% fundraisingTotal expenses: 93.16% of revenue

Money in and money out

Revenue$3,918,802

Expenses$3,101,789

Annual surplus $817,013 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,201,556 · 71.0% of expenses

Management and office costs$461,030 · 14.9% of expenses

Fundraising$439,203 · 14.2% of expenses

See all reported dollar amounts

Revenue$3,918,802

Expenses$3,101,789

Assets$15,626,012

Income$17,310,546

Contributions$3,000,480

Mission work (program services)$2,201,556

Fundraising$439,203

Management and general$461,030

Stocks and bonds$13,438,473

Accounting fees$111,164

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREW S REINPRESIDENT · 40 hrs/week $349,548Base $328,548 · Other $21,000

ANA B CHAMPENYVICE PRESIDENT FOR RESEARCH · 40 hrs/week $249,039Base $200,955 · Other $48,084

PATRICK ORECKIDIRECTOR OF STATE STUDIES · 40 hrs/week $167,222Base $144,171 · Other $23,051

SEAN T CAMPIONDIRECTOR OF HOUSING AND ECONOMIC STUDIES · 40 hrs/week $150,281Base $140,334 · Other $9,947

MICHAEL P VAUGHNVICE PRESIDENT FOR COMMUNICATIONS & STRATEGY · 40 hrs/week $126,708Base $119,313 · Other $7,395

KEVIN MEDINADIRECTOR OF OPERATIONS · 1 hrs/week $116,026Base $108,816 · Other $7,210

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

ANDREW S REINPRESIDENT

ANA B CHAMPENYVICE PRESIDENT FOR RESEARCH

PATRICK ORECKIDIRECTOR OF STATE STUDIES

SEAN T CAMPIONDIRECTOR OF HOUSING AND ECONOMIC STUDIES

MICHAEL P VAUGHNVICE PRESIDENT FOR COMMUNICATIONS & STRATEGY

KEVIN MEDINADIRECTOR OF OPERATIONS

WILLIAM FLOYDVICE CHAIR

ALAIR TOWNSENDTRUSTEE

SHARI HYMANTRUSTEE

SALLY ROCKERTRUSTEE

ROBERT HOGLUNDTREASURER

RICHARD ROBERTSTRUSTEE

PAULA DAGENTRUSTEE

MERRYL H TISCHSECRETARY

MARISSA SHORENSTEINCHAIR

KENT HITESHEWTRUSTEE

JAKE ELGHANAYANVICE CHAIR

ELAINE BRENNANTRUSTEE

EDWARD WALLACEGENERAL COUNSEL

DAVID A JAVDANTRUSTEE

CAROL ROSENTHALVICE CHAIR

ANTHONY MANNARINOTRUSTEE

About this charity

Recognized since: January 1944
Location: 240 W 35TH ST STE 302, NEW YORK, NY 10001-2506
County: New York
In care of: % ANDREW S REIN
Primary officer: ANDREW S REIN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 279-2605

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: EISNER ADVISORY GROUP LLC
NTEE classification: Public & Societal Benefit (W06Z)