Connecticut Forum Inc
- Assets
- $669.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Hartford, CT
- Founding
- 09/1992
- Data as of
- 06/2023
- EIN
- 06-1343149
Organization Overview
Connecticut Forum Inc is located in Hartford, CT. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2023, Connecticut Forum Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecticut 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 06/2023, Connecticut Forum Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE THE FREE AND ACTIVE EXCHANGE OF IDEAS IN FORUMS WHICH INFORM, CHALLENGE, ENTERTAIN, INSPIRE, AND "BUILD BRIDGES" AMONG ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENRICHED THE COMMUNITY BY PRESENTING FOUR ENTERTAINING, INSPIRING AND PROVOCATIVE FORUMS IN FY'23. THE FORUM BRINGS UNIQUE COMBINATIONS OF RENOWNED PERSONALITIES AND EXPERTS TO HARTFORD TO DISCUSS ISSUES OF THE DAY. BUILDING UPON MORE THAN 30 YEARS OF PROGRAMMING SUCCESS THE ORGANIZATION AGAIN PRESENTED FOUR HIGHLY SUCCESSFUL FORUMS: HOW MUSIC MOVES US, RHIANNON GIDDENS IN CONVERSATION WITH ALLISON RUSSELL; A CONVERSATION WITH SUPREME COURT JUSTICE SONIA SOTOMAYOR; MISINFORMATION AND FINDING THE TRUTH, RECKONING WITH TODAY'S MEDIA LANDSCAPE; HUSKY NATION! UCONN WOMEN'S BASKETBALL: LEADERSHIP, TEAMWORK & LIFE OFF THE COURT. EACH FORUM, HELD IN THE ICONIC BUSHNELL PERFORMING ARTS CENTER IN HARTFORD, CAN ATTRACT UP TO 2800 AUDIENCE MEMBERS. ALONG WITH THE FORUMS, THE ORGANIZATION PROVIDES YOUTH PROGRAMMING AND A COMPLIMENTARY TICKET OUTREACH PROGRAM TO ENSURE THAT ALL SEGMENTS OF OUR COMMUNITY HAVE ACCESS TO THE FORUMS AND OUR EXTRAORDINARY PANELISTS AND SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Blau Chair Of The Board | OfficerTrustee | 5 | $0 |
Cyndi Billian Stern Director | Trustee | 1 | $0 |
Bonnie Malley Director | Trustee | 3 | $0 |
Laura Amenta Director | Trustee | 3 | $0 |
Doris Sugarman Former Chief Executive Off | Trustee | 3 | $0 |
Richard Sugarman Founding President | Trustee | 1 | $0 |
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 | $795,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $795,332 |
| Total Program Service Revenue | $418,236 |
| Investment income | $17,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,230,702 |
| 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. | $125,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $362,823 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,588 |
| Payroll taxes | $36,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,050 |
| Fees for services: Accounting | $9,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,841 |
| Office expenses | $49,051 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,073 |
| Insurance | $8,026 |
| All other expenses | $43,145 |
| Total functional expenses | $1,345,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,550 |
| Savings and temporary cash investments | $318,020 |
| Pledges and grants receivable | $58,150 |
| Accounts receivable, net | $163,500 |
| 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 | $75,969 |
| Net Land, buildings, and equipment | $3,769 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,964 |
| Total assets | $669,922 |
| Accounts payable and accrued expenses | $17,847 |
| Grants payable | $0 |
| Deferred revenue | $149,516 |
| 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 | $9,596 |
| Total liabilities | $176,959 |
| Net assets without donor restrictions | $329,993 |
| Net assets with donor restrictions | $162,970 |
| 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 | $669,922 |