MUNICIPAL FORUM OF NEW YORK INC Charity Report

Public IRS 990 nonprofit record

MUNICIPAL FORUM OF NEW YORK INC

EIN 23-7012700 · Fraternal Societies (Y40)

What they do

THE MUNICIPAL FORUM of NEW YORK, INC. (MFNY), A NEW YORK NOT-FOR-PROFIT CORPORATION, SERVES MEMBERS of THE UNITED STATES MUNICIPAL SECURITIES INDUSTRY THROUGH ASSOCIATION ACTIVITIES SUCH AS BREAKFASTS and LUNCHES 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, MFNY SUPPORTS 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. MFNY HAS BEEN HOME to THOUSANDS of MUNICIPAL SECURITIES INDUSTRY PROFESSIONALS WHO UPHOLD THE HIGHEST STANDARDS IN FINANCING AMERICAS INFRASTRUCTURE and EMBRACE PASSING ON T

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 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 leaders17 people are listed in the latest report.

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

Money made simple

160.84%of revenue went to mission work84.3% of expenses · Program services

$190.69spent for every $100 of revenueSpending was higher than revenue this year.

$0.31in assets for every $1 spent this yearSome assets cannot be spent right away.

96.8%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.

Worth asking: Expenses exceeded revenue by $93,000 this year. Ask whether that was planned or caused by a one-time event.

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$102,544

Mission workProgram services$164,929160.84% of revenue84.3% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$195,544190.69% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 84.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 190.69% of revenue

2023Expense mix: 139.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 151.96% of revenue

2022Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 46.26% of revenue

2021Expense mix: 22.3% mission · 10.8% management · 0.0% fundraisingTotal expenses: 23.76% of revenue

2020Expense mix: 97.2% mission · 2.8% management · 0.0% fundraisingTotal expenses: 161.95% of revenue

2019Expense mix: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 131.83% of revenue

2018Expense mix: 94.2% mission · 5.8% management · 0.0% fundraisingTotal expenses: 83.96% of revenue

2017Expense mix: 95.5% mission · 5.2% management · 0.0% fundraisingTotal expenses: 86.67% of revenue

Money in and money out

Revenue$102,544

Expenses$195,544

Annual shortfall $93,000 Expenses were higher than revenue 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)$164,929 · 84.3% of expenses

See all reported dollar amounts

Revenue$102,544

Expenses$195,544

Assets$60,049

Income$102,544

Contributions$99,250

Mission work (program services)$164,929

Grants given$335,500

Average grant$111,833

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (17)

MARK PRICETRUSTEE

UYEN POHSECRETARY

TIMOTHY MARTINPRESIDENT

ROBERT PATTISONTRUSTEE

RANDY GERARDESTRUSTEE

PRESCOTT ULREYTREASURER

PORTIA LEETRUSTEE

PAMELA FREDERICKTRUSTEE

MAULIN SHAHTRUSTEE

ARLENE BOHNERTRUSTEE

LINDA YIPVICE PRESIDE

LATRICE BAPTISTETRUSTEE

KEVIN MURPHYTRUSTEE

JOHN PUIGTRUSTEE

GLORIA BOYDTRUSTEE

DAVID WOMACKTRUSTEE

CHARLES STAVITSKIVICE PRESIDE

About this charity

Recognized since: January 1999
Location: 447 BROADWAY 2ND FLOOR 1231, NEW YORK, NY 10013-2562
County: New York
In care of: % WELLS FARGO SEC
Primary officer: PRESCOTT ULREY, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(646) 207-7713 Officer phone(212) 566-7800

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990EZ
Tax preparer: FYLSTRA & ASSOCIATES LLC
NTEE classification: Fraternal Societies (Y40)
IRS tax category: Fraternal Societies
Grant-giving organization: Yes