Peoples Forum Inc
- Assets
- $13.7m
- Revenue
- $486.9k
- Investments
- $0.0
- Employees
- 13
- Location
- New York, NY
- Founding
- 10/2017
- Data as of
- 12/2021
- EIN
- 61-1844780
Organization Overview
Peoples Forum Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Peoples Forum Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Forum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peoples Forum Inc generated $486.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A SPACE FOR CULTURAL AND EDUCATION EVENTS RELEVANT FOR MARGINALIZED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURE: PEOPLE'S FORUM, INC. ("TPF") IS COMMITTED TO BUILDING, UPLIFTING AND PROMOTING A PEOPLE'S CULTURE THAT CELEBRATES AND ADVANCES THE STRUGGLES OF THE COMMUNITIES IN WHICH THEY SERVE. TPF BELIEVES THAT CULTURE IS AT THE HEART OF THE CONCEPTION OF IDEAS AND CONSCIOUSNESS, AND THEREFORE, CULTURE AND THE ARTS ARE AT THE CENTER OF MOVEMENT BUILDING. TPF AIMS TO WORK WITH CULTURE CREATORS TO CURATE AND SUPPORT EVENTS THAT DEEPEN THE CONSCIOUSNESS, AND THAT SUSTAIN, NOURISH AND MOVE THE HEARTS OF THEIR PEOPLE AS THEY STRUGGLE TOWARDS SOCIAL JUSTICE. CULTURAL PROGRAMMING INCLUDES EVENTS SUCH AS OPEN MICS, PERFORMANCE CLASSES, ART WORKSHOPS, FILM SCREENINGS, AND MORE.
EDUCATION: PEOPLE'S FORUM, INC. ("TPF") HOSTS ACCESSIBLE EDUCATIONAL PROGRAMMING THAT CONTRIBUTES TO BUILDING AND STRENGTHENING POPULAR MOVEMENTS IN NEW YORK CITY AND BEYOND AS WELL AS A REVITALIZED NON-SECTARIAN LEFT INTELLECTUAL CULTURE ROOTED IN THE STRUGGLES OF THE POOR AND DISPOSSESSED. THEIR EDUCATIONAL PROGRAMMING INCLUDES TOPICS SUCH AS: HISTORY, POLITICAL ECONOMY, SOCIAL THEORY, RACIAL/GENDER/LGBTQIA/ IMMIGRANT JUSTICE, COLLECTIVE STRATEGIES FOR ORGANIZING, LIBERATION THEOLOGY, AND MANY OTHERS WITH AN INTERNATIONALIST FOCUS. DRIVEN BY THEIR ORGANIZATIONAL COMMITMENT TO BUILDING UNITY ACROSS HISTORIC LINES OF DIVISION, THEIR PROGRAMMING COVERS A WIDE RANGE OF SUBJECTS, MOVEMENTS, AND PEDAGOGICAL METHODS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sung Mo Chung General Manager | Officer | 35 | $64,042 |
Claudia DE La Cruz Co-Executive Dir/director | OfficerTrustee | 5 | $0 |
Christopher Caruso Treasurer/director | OfficerTrustee | 3 | $0 |
Jodene Evans Secretary/director | OfficerTrustee | 3 | $0 |
William Baptist Jr Board Chair/director | OfficerTrustee | 3 | $0 |
Kenia Alcocer Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Ddc Group Leasehold Improvements | 12/30/18 | $2,786,376 |
Spruce Technology Inc Av Equipment & Leasehold Improvements | 12/30/18 | $756,608 |
Allsteel Inc Leasehold Improvements | 12/30/18 | $105,286 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $346 |
| Fundraising events | $48,683 |
| Related organizations | $0 |
| Government grants | $161,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,922 |
| Total Program Service Revenue | $60,321 |
| Investment income | $119,610 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,481 |
| Net Income from Fundraising Events | -$28,828 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45,382 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $486,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $94,396 |
| 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. | $64,042 |
| Compensation of current officers, directors, key employees. | $9,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $479,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,223 |
| Payroll taxes | $49,686 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,023 |
| Fees for services: Accounting | $19,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,848 |
| Fees for services: Other | $76,695 |
| Advertising and promotion | $79,309 |
| Office expenses | $29,350 |
| Information technology | $35,636 |
| Royalties | $0 |
| Occupancy | $1,111,588 |
| Travel | $15,534 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $228 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $728,946 |
| Insurance | $35,633 |
| All other expenses | $6,972 |
| Total functional expenses | $2,971,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,152 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,118 |
| Prepaid expenses and deferred charges | $158,755 |
| Net Land, buildings, and equipment | $3,097,789 |
| Investments—publicly traded securities | $10,277,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $721 |
| Other assets | $970 |
| Total assets | $13,654,672 |
| Accounts payable and accrued expenses | $78,558 |
| Grants payable | $0 |
| Deferred revenue | $6,279 |
| 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 | $226,415 |
| Other liabilities | $711,906 |
| Total liabilities | $1,023,158 |
| Net assets without donor restrictions | $12,601,040 |
| Net assets with donor restrictions | $30,474 |
| 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 | $13,654,672 |
Grants Awarded
Over the last fiscal year, Peoples Forum Inc has awarded $94,396 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATIONAL | $80,575 |
New York, NY PURPOSE: EDUCATIONAL | $13,821 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peoples Forum Inc has recieved totaling $8,350.
| Awarding Organization | Amount |
|---|---|
Codepink Women For Peace Marina Del Rey, CA PURPOSE: HUMANITARIAN RELIEF IN LATIN AMERIC | $8,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berkshire Community Action Council Inc Pittsfield, MA | $2,763,554 | $16,009,775 |
Greenwich House Inc New York, NY | $11,549,979 | $15,122,608 |
Jewish Community Center Of Greater Boston Inc Newton, MA | $45,652,157 | $18,629,565 |
Bethesda Mission Of Harrisburg Harrisburg, PA | $19,345,842 | $17,253,312 |
Neighborhood Center Inc Utica, NY | $17,931,948 | $14,494,044 |
Sid Jacobson Jewish Community Center Inc East Hills, NY | $29,307,935 | $11,557,836 |
Jewish Community Center On The Palisades Tenafly, NJ | $32,316,375 | $22,577,889 |
Kingsbridge Heights Community Center Inc Bronx, NY | $2,654,388 | $11,434,725 |
Jewish Community Centers Assoc Of North America New York, NY | $36,113,804 | $13,489,441 |
New York City Mission Society New York, NY | $48,016,978 | $14,620,226 |
Jewish Community Center Of Metro West Inc West Orange, NJ | $25,358,973 | $9,651,525 |
Stanley M Isaac Neighborhood Center New York, NY | $5,435,229 | $9,854,562 |