National Federation Of Municipal Analysts
- Assets
- $2.9m
- Revenue
- $860.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Pittsburgh, PA
- Founding
- 09/1993
- Data as of
- 12/2023
- EIN
- 36-3480090
Organization Overview
National Federation Of Municipal Analysts is located in Pittsburgh, PA. The organization was established in 1993. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. National Federation Of Municipal Analysts is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, National Federation Of Municipal Analysts generated $860.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $852.7k during the year ending 12/2023. While expenses have increased by 4.0% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE PROFESSIONAL DEVELOPMENT AND ANALYTICAL CONTRIBUTIONS OF MUNICIPAL MARKET PARTICIPANTS THROUGH BEST-IN-CLASS EDUCATIONAL PROGRAMS, NETWORKING OPPORTUNITIES, AND TARGETED ADVOCACY, WHILE PROMOTING DIVERSE THOUGHTS, PERSPECTIVES, AND REPRESENTATION FOR THE BENEFIT OF AN EQUITABLE AND INCLUSIVE MUNICIPAL BOND INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE NATIONAL FEDERATION OF MUNICIPAL ANALYSTS (NFMA) CONTINUED TO FULFILL ITS MISSION OF PROVIDING EDUCATIONAL PROGRAMS FOR ITS MEMBERS AND MUNICIPAL MARKET PARTICIPANTS, AS WELL AS SERVING AS THE VOICE OF MUNICIPAL ANALYSTS THROUGH ITS EFFORTS IN DISCLOSURE. DURING 2023, EDUCATIONAL PROGRAMS INCLUDED A MEMBERSHIP MEETING, 3 ONE-HOUR WEBINARS, TWO 1 AND A HALF DAY SEMINARS, A 3-DAY CONFERENCE AND A 1 AND A HALF DAY INTRODUCTORY COURSE FOR NEW MUNICIPAL ANALYSTS. THE NFMA IS A VOLUNTEER ORGANIZATION WHO EMPLOYED ONE FULL-TIME STAFF DURING 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Barkley Past Chair | OfficerTrustee | 0.5 | $0 |
Mark Capell Chair | OfficerTrustee | 2.5 | $0 |
John Ceffalio Vice Chair | OfficerTrustee | 0.5 | $0 |
Neene Jenkins Secretary | OfficerTrustee | 0.5 | $0 |
Angela Kukoda Treasurer | OfficerTrustee | 0.5 | $0 |
Alexander Cimmiyotti Governor | Trustee | 0.5 | $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 | $7,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,500 |
| Total Program Service Revenue | $791,147 |
| Investment income | $61,464 |
| 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 | $860,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,275 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $183,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $6,907 |
| Other employee benefits | $0 |
| Payroll taxes | $13,269 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $336 |
| Fees for services: Accounting | $30,283 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,160 |
| Advertising and promotion | $5,425 |
| Office expenses | $34,184 |
| Information technology | $1,697 |
| 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 | $480,964 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66 |
| Insurance | $6,598 |
| All other expenses | $1,484 |
| Total functional expenses | $852,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,223 |
| Savings and temporary cash investments | $284,473 |
| 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 | $2,331,005 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,915,701 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,177 |
| 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 | $9,177 |
| Net assets without donor restrictions | $2,906,524 |
| Net assets with donor restrictions | $0 |
| 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 | $2,915,701 |