Connecticut Forum Inc
- Assets
- $686.6k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Hartford, CT
- Founding
- 09/1992
- Data as of
- 06/2022
- 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 06/2022, Connecticut Forum Inc employed 10 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 06/2022, Connecticut Forum Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 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
2022
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. THE FORUM BRINGS EXTRAORDINARY COMBINATIONS OF RENOWNED PERSONALITIES AND EXPERTS TO HARTFORD TO DISCUSS ISSUES. ALONG WITH THE FORUMS PRESENTED AT THE BUSHNELL THEATER, OUTREACH PROGRAMS INCLUDE THE CONNECTICUT YOUTH FORUM, TICKET OUTREACH PROGRAM, VIDEO LOAN LIBRARY, FACILITATION AND CONSULTING SERVICES AND FORUMS CONVERSATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Cullen Executive Director | OfficerTrustee | 50 | $121,462 |
Steven Blau Chair Of The Board | OfficerTrustee | 5 | $0 |
Diane Korntheuer Secretary | OfficerTrustee | 2 | $0 |
Imelda Suit Vice Chair Of The Board | OfficerTrustee | 3 | $0 |
John Livingstone Treasurer | OfficerTrustee | 4 | $0 |
Bonnie Malley Director | Trustee | 3 | $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 | $818,981 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $818,981 |
| Total Program Service Revenue | $421,543 |
| Investment income | $738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $176 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,241,438 |
| 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 | $362,054 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,887 |
| Payroll taxes | $40,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $36,302 |
| Office expenses | $55,447 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,076 |
| 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 | $8,458 |
| Insurance | $8,280 |
| All other expenses | $22,879 |
| Total functional expenses | $1,385,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,740 |
| Savings and temporary cash investments | $397,516 |
| Pledges and grants receivable | $64,400 |
| Accounts receivable, net | $7,500 |
| 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 | $39,221 |
| Net Land, buildings, and equipment | $8,842 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $123,411 |
| Total assets | $686,630 |
| Accounts payable and accrued expenses | $47,685 |
| Grants payable | $0 |
| Deferred revenue | $30,690 |
| 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 | $78,375 |
| Net assets without donor restrictions | $510,455 |
| Net assets with donor restrictions | $97,800 |
| 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 | $686,630 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Connecticut Forum Inc has recieved totaling $119,961.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $51,192 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
Hampshire Foundation Inc Wilmington, DE PURPOSE: PROGRAM SUPPORT | $10,000 |
American Endowment Foundation Hudson, OH PURPOSE: YOUTH DEVELOPMENT | $8,500 |
Lincoln Financial Foundation Inc Radnor, PA PURPOSE: MATCHING GIFT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Technical Assistance Collaborative Inc Boston, MA | $7,617,476 | $12,320,567 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |
Hart United Inc North Haven, CT | $3,744,334 | $8,818,103 |
New Square Community Improvement Council Inc New Square, NY | $7,666,025 | $8,815,852 |
Kings Bay Ym-Ywha Inc Brooklyn, NY | $12,626,720 | $11,475,108 |