Murmuration Inc
- Assets
- $13.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 66
- Location
- New York, NY
- Founding
- 01/2017
- Data as of
- 12/2022
- EIN
- 47-2415772
Organization Overview
Murmuration Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Murmuration Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murmuration Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Murmuration Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $14.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA ANALYTICS: MURMURATION PROVIDES DATA AND ANALYTICS THAT ENSURE PARTNERS CAN IDENTIFY, ENGAGE AND ACTIVATE CONSTITUENTS.
OTHER PROGRAMS
PARTNERSHIPS: MURMURATION SUPPORTS PARTNERS IN LEVERAGING TECHNOLOGY, DATA, ANALYTICS AND STRATEGY IN ORDER TO MAXIMIZE THEIR INDIVIDUAL AND COLLECTIVE IMPACT.
TECHNOLOGY DEVELOPMENT: MURMURATION INVESTS IN BUILDING INTEGRATED TECHNOLOGY TO GUIDE AND EXECUTE EFFORTS TO ENGAGE COMMUNITY MEMBERS ACROSS THE COUNTRY (MINSIGHTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Bloomberg President, CEO | OfficerTrustee | 20 | $151,925 |
Meg Ansara Board Member | Trustee | 10 | $0 |
Anish Melwani Board Member (until 12/2022) | Trustee | 10 | $0 |
Brian Johnson Board Member | Trustee | 10 | $0 |
Shane Bateman Cfo, Treasurer | Officer | 20 | $118,450 |
Peggy Ann Torney VP Of Comm., Secretary | Officer | 40 | $207,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Helm Labs Platform License | 12/30/22 | $900,000 |
Statara Solutions Data License | 12/30/22 | $435,500 |
Social Sphere Inc Research Services | 12/30/22 | $350,000 |
Battery Park Consulting Llc Strategic Consultant | 12/30/22 | $300,000 |
Venable Llp Legal Services | 12/30/22 | $202,417 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $332,229 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,229 |
| Total Program Service Revenue | $624,336 |
| Investment income | $166,126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,132,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,364,148 |
| Compensation of current officers, directors, key employees. | $526,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,291,535 |
| Pension plan accruals and contributions | $173,092 |
| Other employee benefits | $1,238,898 |
| Payroll taxes | $555,195 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $202,417 |
| Fees for services: Accounting | $144,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,648,022 |
| Advertising and promotion | $0 |
| Office expenses | $39,306 |
| Information technology | $2,246,198 |
| Royalties | $0 |
| Occupancy | $540,517 |
| Travel | $321,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $439,661 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $149,335 |
| Insurance | $44,461 |
| All other expenses | $0 |
| Total functional expenses | $14,575,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,917,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $166,051 |
| Net Land, buildings, and equipment | $202,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,022,033 |
| Total assets | $13,358,448 |
| Accounts payable and accrued expenses | $226,129 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,056,059 |
| Total liabilities | $1,282,188 |
| Net assets without donor restrictions | -$274,627 |
| Net assets with donor restrictions | $12,350,887 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,358,448 |
Grants Awarded
Over the last fiscal year, Murmuration Inc has awarded $240,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GREEN DOT PUBLIC SCHOOLS NATIONAL PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $100,000 |
KIPP LA SCHOOLS PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $40,000 |
MAGNOLIA EDUCATIONAL AND RESEARCH FOUNDATION PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $100,000 |