Murmuration Inc
- Assets
- $61.7m
- Revenue
- $72.3m
- Investments
- $0.0
- Employees
- 61
- Location
- New York, NY
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 47-2415772
Organization Overview
Murmuration Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Murmuration Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murmuration Inc 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, Murmuration Inc generated $72.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $13.3m 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DATA ANALYTICS: MURMURATION PROVIDES DATA AND ANALYTICS THAT ENSURE PARTNERS CAN IDENTIFY, ENGAGE AND ACTIVATE CONSTITUENTS.
EXTERNAL AFFAIRS: MURMURATION SHARES INSIGHTS AND BEST PRACTICES AROUND COMMUNITY BUILDING, CIVIC ENGAGEMENT, AND OTHER CRITICAL AREAS.
TECHNOLOGY DEVELOPMENT: MURMURATION INVESTS IN BUILDING INTEGRATED TECHNOLOGY TO GUIDE AND EXECUTE EFFORTS TO ENGAGE COMMUNITY MEMBERS ACROSS THE COUNTRY (MINSIGHTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Conor Laver Cto & Head Of Product | Officer | 32 | $300,500 |
Emma Bloomberg President, CEO | OfficerTrustee | 20 | $285,439 |
Brian Reich Sr. VP Of Branding & Marketing | 20 | $228,094 | |
Kellen Arno Chief Program Officer | Officer | 40 | $225,000 |
Shane Bateman Chief Financial Officer | Officer | 20 | $224,471 |
Joel Michael Piper Principal Data Scientist | 40 | $206,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Helm Labs It Consultant Services | 12/30/21 | $1,062,500 |
Dark Pilot Llc Strategic Consultant | 12/30/21 | $591,225 |
Targetsmart Communications Llc It Consultant Services | 12/30/21 | $426,625 |
Battery Park Consulting Llc Strategic Consultant | 12/30/21 | $350,000 |
Wildfire Contact Llc Data Consultant Services | 12/30/21 | $182,785 |
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 | $71,667,771 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,667,771 |
| Total Program Service Revenue | $633,448 |
| Investment income | $30,424 |
| 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 | $72,332,143 |
| 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. | $1,220,751 |
| Compensation of current officers, directors, key employees. | $533,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,397,915 |
| Pension plan accruals and contributions | $123,052 |
| Other employee benefits | $1,050,116 |
| Payroll taxes | $438,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $151,518 |
| Fees for services: Accounting | $141,295 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,458,180 |
| Advertising and promotion | $415 |
| Office expenses | $124,098 |
| Information technology | $2,251,566 |
| Royalties | $0 |
| Occupancy | $498,324 |
| Travel | $46,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,776 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $141,738 |
| Insurance | $28,992 |
| All other expenses | $0 |
| Total functional expenses | $13,266,346 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,610,756 |
| Pledges and grants receivable | $43,667,771 |
| Accounts receivable, net | $23,220 |
| 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 | $201,059 |
| Net Land, buildings, and equipment | $351,603 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,638,980 |
| Intangible assets | $0 |
| Other assets | $200,605 |
| Total assets | $61,693,994 |
| Accounts payable and accrued expenses | $389,490 |
| 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 | $79,470 |
| Total liabilities | $468,960 |
| Net assets without donor restrictions | $539,616 |
| Net assets with donor restrictions | $60,685,418 |
| 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 | $61,693,994 |
Grants Awarded
Over the last fiscal year, Murmuration Inc has awarded $240,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $100,000 |
Los Angeles, CA PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $100,000 |
Los Angeles, CA PURPOSE: PROMOTING A CULTURE OF CIVIC ENGAGEMENT AMONG PARENTS AND COMMUNITY MEMBERS | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Renewal Team Inc Hartford, CT | $32,612,649 | $50,680,669 |
Valley Opportunity Council Inc Chicopee, MA | $22,850,959 | $49,579,644 |
Jewish Community Council Of Greater Coney Island Inc Brooklyn, NY | $14,065,313 | $45,116,234 |
Elrc4kids Inc Greensburg, PA | $6,335,708 | $42,009,228 |
Greater Bergen Community Action Inc Hackensack, NJ | $31,538,152 | $42,343,270 |
Ezras Choilim Health Center Inc Monroe, NY | $23,435,027 | $45,592,726 |
Metropolitan New York Coordinating Council On Jewish Poverty New York, NY | $56,489,415 | $47,513,181 |
Puerto Rican Family Institute Inc New York, NY | $23,494,373 | $43,970,504 |
Worcester Community Action Council Inc Worcester, MA | $8,882,298 | $41,343,806 |
Educational Alliance Inc New York, NY | $44,753,122 | $39,086,207 |
Catholic Charitable Bureau Of The Archdiocese Of Boston Inc South Boston, MA | $52,520,056 | $42,947,634 |
Catholic Charities- Diocese Of Metuchen Perth Amboy, NJ | $28,793,391 | $35,804,723 |