Peoples Forum Inc
- Assets
- $18.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 14
- Location
- New York, NY
- Founding
- 10/2017
- Data as of
- 12/2022
- EIN
- 61-1844780
Organization Overview
Peoples Forum Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Peoples Forum Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples 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 12/2022, Peoples Forum Inc generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. 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
PROVIDE A SPACE FOR CULTURAL AND EDUCATION EVENTS RELEVANT FOR MARGINALIZED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTURE: PEOPLE'S FORUM, INC. ("TPF") IS COMMITTED TO BUILDING, UPLIFTING AND PROMOTING A PEOPLE'S CULTURE THAT CELEBRATES AND ADVANCES THE STRUGGLES OF THE COMMUNITIES IN WHICH THEY SERVE. TPF BELIEVES THAT CULTURE IS AT THE HEART OF THE CONCEPTION OF IDEAS AND CONSCIOUSNESS, AND THEREFORE, CULTURE AND THE ARTS ARE AT THE CENTER OF MOVEMENT BUILDING. TPF AIMS TO WORK WITH CULTURE CREATORS TO CURATE AND SUPPORT EVENTS THAT DEEPEN THE CONSCIOUSNESS, AND THAT SUSTAIN, NOURISH AND MOVE THE HEARTS OF THEIR PEOPLE AS THEY STRUGGLE TOWARDS SOCIAL JUSTICE. CULTURAL PROGRAMMING INCLUDES EVENTS SUCH AS OPEN MICS, CULTURAL PERFORMANCES, DANCE CLASSES, ART WORKSHOPS, FILM SCREENINGS, AND MORE. TPF ESTABLISHES PARTNERSHIPS WITH ORGANIZATIONS AND SOCIAL MOVEMENTS COMMITTED OR ORGANIZING MARGINALIZED AND DISPOSSESSED COMMUNITIES AND PROVIDES SPACES FOR MEETING, CULTURAL ENGAGEMENTS, SHARED LEARNING, AND ORGANIZING.
EDUCATION: PEOPLE'S FORUM, INC. ("TPF") HOSTS ACCESSIBLE EDUCATIONAL PROGRAMMING THAT CONTRIBUTES TO BUILDING AND STRENGTHENING POPULAR MOVEMENTS IN NEW YORK CITY AND BEYOND AS WELL AS A REVITALIZED NON-SECTARIAN LEFT INTELLECTUAL CULTURE ROOTED IN THE STRUGGLES OF THE POOR AND DISPOSSESSED. THEIR EDUCATIONAL PROGRAMMING INCLUDES TOPICS SUCH AS: HISTORY, POLITICAL ECONOMY, SOCIAL THEORY, RACIAL/GENDER/LGBTQIA/ IMMIGRANT JUSTICE, COLLECTIVE STRATEGIES FOR ORGANIZING, LIBERATION THEOLOGY, AND MANY OTHERS WITH AN INTERNATIONALIST FOCUS. DRIVEN BY THEIR ORGANIZATIONAL COMMITMENT TO BUILDING UNITY ACROSS HISTORIC LINES OF DIVISION, THEIR PROGRAMMING COVERS A WIDE RANGE OF SUBJECTS, MOVEMENTS, AND PEDAGOGICAL METHODS. TPF ENGAGES STUDENTS FROM ALL WALKS OF LIFE, BOTH DOMESTICALLY AND INTERNATIONALLY AND UTILIZES POLITICAL EDUCATION COURSES AS A WAY TO BUILD THE CONSCIOUSNESS OF ORGANIZERS AND ACTIVISTS. TPF SUPPLEMENTS THEIR EDUCATIONAL PROGRAMMING WITH A WIDE RANGE OF BOOKS, LITERATURE, ARTWORK, AND POLITICAL MERCHANDISE SOLD FROM THEIR BOOKSTORE, 1804 BOOKS. TPF'S EDUCATIONAL PROGRAMMING ALSO FOCUSES ON WAGING THE BATTLE OF IDEAS AND INFORMATION. IN THAT CONTEXT, TPF SUPPORTS THE WORK OF PEOPLE CENTERED MEDIA AND MEDIA OUTLETS FOR MASS MOVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sung Mo Chung General Manager | Officer | 35 | $65,588 |
Layan Fuleihan Education Director | Officer | 35 | $66,365 |
William Baptist Jr Board Chair/director | OfficerTrustee | 3 | $0 |
Jodene Evans Secretary/director | OfficerTrustee | 3 | $0 |
Christopher Caruso Treasurer/director | OfficerTrustee | 3 | $0 |
Claudia DE La Cruz Co-Executive Director/director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spruce Technology Inc Av Equipment & Leasehold Improvements | 12/30/18 | $756,608 |
Allsteel Inc Leasehold Improvements | 12/30/18 | $105,286 |
The Ddc Group Leasehold Improvements | 12/30/18 | $2,786,376 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,367 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $226,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,760,234 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,012,601 |
| Total Program Service Revenue | $331,306 |
| Investment income | $190,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$138,227 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,854 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,428,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $343,370 |
| 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. | $65,588 |
| Compensation of current officers, directors, key employees. | $22,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,092 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,349 |
| Payroll taxes | $71,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,564 |
| Fees for services: Accounting | $54,508 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,641 |
| Fees for services: Other | $110,579 |
| Advertising and promotion | $81,388 |
| Office expenses | $60,424 |
| Information technology | $15,056 |
| Royalties | $0 |
| Occupancy | $1,203,380 |
| Travel | $167,445 |
| 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 | $719,347 |
| Insurance | $48,398 |
| All other expenses | $10,256 |
| Total functional expenses | $3,813,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,450,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,796 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,473 |
| Prepaid expenses and deferred charges | $80,186 |
| Net Land, buildings, and equipment | $2,407,520 |
| Investments—publicly traded securities | $8,322,920 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $361 |
| Other assets | $6,265,006 |
| Total assets | $18,591,181 |
| Accounts payable and accrued expenses | $53,763 |
| Grants payable | $0 |
| Deferred revenue | $750 |
| 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 | $6,959,511 |
| Total liabilities | $7,014,024 |
| Net assets without donor restrictions | $11,539,350 |
| Net assets with donor restrictions | $37,807 |
| 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 | $18,591,181 |
Grants Awarded
Over the last fiscal year, Peoples Forum Inc has awarded $343,370 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BREAKTHROUGH BT MEDIA INC PURPOSE: EDUCATIONAL | $318,596 |
JUSTICE AND EDUCATION FUND INC PURPOSE: EDUCATIONAL | $24,774 |