Murmuration Research Institute Inc
- Assets
- $79.8m
- Revenue
- $102.7m
- Investments
- $0.0
- Employees
- 149
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 86-1626267
Organization Overview
Murmuration Research Institute Inc is located in New York, NY. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Murmuration Research Institute Inc employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Murmuration Research Institute 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 12/2023, Murmuration Research Institute Inc generated $102.7m in total revenue. All expenses for the organization totaled $28.8m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MRI DEVELOPS AND SHARES INSIGHTS AND BEST PRACTICES FOR COMMUNITY BUILDING AND CIVIC ENGAGEMENT THROUGH DEVELOPMENT OF TECHNOLOGY PLATFORMS AND TOOLS THAT ENABLE COMMUNITIES TO ENGAGE IN EFFECTIVE OUTREACH AND CONNECTION AND SUPPORTS AND EDUCATES COMMUNITIES IN HOW TO EFFECTIVELY LEVERAGE TECHNOLOGY, DATA, AND ANALYTICS TO ACHIEVE THEIR COMMUNITY BUILDING AND CIVIC ENGAGEMENT GOALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Bloomberg President, CEO | OfficerTrustee | 36 | $281,669 |
Brynne Craig Board Member | Trustee | 1 | $0 |
Anish Melwani Board Member | Trustee | 1 | $0 |
Shane Bateman Cfo, Treasurer | Officer | 29 | $175,136 |
Peggy Ann Torney VP Of Comm, Secretary | Officer | 20 | $105,575 |
Conor Laver Chief Technology Officer | Officer | 40 | $334,882 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clv Corp Moove It Outsourced Engineering Services | 12/30/23 | $837,623 |
Harmony Labs Inc Research | 12/30/23 | $529,000 |
Ventucom Llc It Services | 12/30/23 | $376,950 |
Visionary Misfits Consulting | 12/30/23 | $203,483 |
Mighty Good Agency Branding | 12/30/23 | $185,000 |
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 | $101,538,838 |
| Noncash contributions included in lines 1a–1f | $202,268 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,538,838 |
| Total Program Service Revenue | $0 |
| Investment income | $209,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $900,000 |
| 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 | $102,662,779 |
| 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. | $1,539,072 |
| Compensation of current officers, directors, key employees. | $610,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,409,000 |
| Pension plan accruals and contributions | $396,835 |
| Other employee benefits | $1,835,605 |
| Payroll taxes | $1,277,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $67,603 |
| Fees for services: Accounting | $39,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,207,848 |
| Advertising and promotion | $0 |
| Office expenses | $75,968 |
| Information technology | $4,231,360 |
| Royalties | $0 |
| Occupancy | $662,299 |
| Travel | $636,395 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $224,557 |
| Interest | $48,393 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,148 |
| Insurance | $55,037 |
| All other expenses | $27,145 |
| Total functional expenses | $28,831,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,260,882 |
| Savings and temporary cash investments | $3,334,261 |
| Pledges and grants receivable | $71,786,571 |
| 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 | $750,846 |
| Net Land, buildings, and equipment | $104,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,567,028 |
| Total assets | $79,803,708 |
| Accounts payable and accrued expenses | $1,870,461 |
| 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 | $2,365,336 |
| Total liabilities | $4,235,797 |
| Net assets without donor restrictions | $4,117,799 |
| Net assets with donor restrictions | $71,450,112 |
| 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 | $79,803,708 |