New Majority
- Assets
- $395.3k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 94-3340436
Organization Overview
New Majority is located in San Rafael, CA. The organization was established in 2000. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Majority 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 12/2021, New Majority generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
NEW MAJORITY PROMOTES A FISCALLY RESPONSIBLE PHILOSOPHY IN GOVERNMENT AND AN INCLUSIVE MAINSTREAM APPROACH TOWARDS POLITICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER ACTIVITIES, COMMUNICATIONS, SPEAKERS, VISITS WITH OPINION LEADERS.
RESEARCH AND PROGRAM DEVELOPMENT ON ISSUES, INCLUDING PUBLIC EDUCATION ON POLICY PRIORITIES OF ORGANIZATION. ISSUES SUPPORTED IN 2021 INCLUDE: OUTREACH TO LATINO COMMUNITY AND WOMEN PUBLIC POLICY LEADERS, PROTECTING CALIFORNIA BUSINESSES FROM TAX INCREASES, AND VOTER INTEGRITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Hakes Chairman & Dir. | OfficerTrustee | 1 | $0 |
Sandy Kahn Secretary & Dir | OfficerTrustee | 1 | $0 |
Jason D Kaune Treasurer | Officer | 2 | $0 |
Lucy Rawlins Director | Trustee | 1 | $0 |
Steve Craig Director | Trustee | 1 | $0 |
Thomas E Tucker Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Andy Gharakhani Consulting | 12/30/21 | $147,317 |
Nielsen Merksamer Legal | 12/30/21 | $126,010 |
Cardmember Service Conferences, Conventions | 12/30/21 | $128,034 |
Swing Strategies Consulting | 12/30/21 | $105,307 |
Pacific Political Inc Consulting | 12/30/21 | $111,581 |
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 | $1,265,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,265,838 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| 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 | $1,265,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,570 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $124,515 |
| Fees for services: Accounting | $18,457 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,771 |
| Office expenses | $52,374 |
| Information technology | $4,898 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,329 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,359 |
| All other expenses | $2,642 |
| Total functional expenses | $1,318,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $395,274 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $395,274 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $395,274 |
| 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 | $395,274 |
Grants Awarded
Over the last fiscal year, New Majority has awarded $68,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Olympia, WA PURPOSE: See Part IV | $50,000 |
Irvine, CA PURPOSE: See Part IV | $10,000 |
NEW MAJORITY PAC OC CHAPTER PURPOSE: See Part IV | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pima Association Of Governments Tucson, AZ | $4,462,511 | $8,815,859 |
Change Org Charitable Foundation Inc San Francisco, CA | $115,518,387 | $114,557,275 |
California Mortgage Bankers Association Sacramento, CA | $2,547,007 | $1,436,746 |
Oregon Bankers Association Salem, OR | $5,006,787 | $1,572,271 |
New Majority San Rafael, CA | $395,274 | $1,265,856 |
California Electric Transportation Coalition Sacramento, CA | $1,089,152 | $1,385,834 |
Small Business Utility Advocates San Francisco, CA | $54,000 | $625,811 |
Myintent Foundation Los Angeles, CA | $0 | $450,532 |
Women In Sports Tech Mill Valley, CA | $460,643 | $576,999 |
Support Sky Harbor Committee Phoenix, AZ | $413,421 | $398,323 |
Friends Of Frog Ferry Portland, OR | $636 | $0 |
Western Motor Tariff Bureau Inc Honolulu, HI | $2,327,479 | $562,688 |