Nonprofit screen
Screen a listThe Mayor's Fund to Advance New York City
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$8.6Mrevenue
FY2025 · −55% in 3 yrs10staff
6 of 6years filed
’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−7.6%
Months of reserve6.0mo
Revenue growth (annualized)−35.6%
Middle half of peersMedianMayor's Fund to Advance New York City
Where the money goes FY2025 · $9.3M spent
Programs$9.0M96%Management and general$188k2%Fundraising$146k2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$465k in FY2023 and −$656k in FY2025. Cash covers 6.0 months, above the peer median of 5.4.
990 Part I and balance sheetIn its favor2
Strong governance
7 of 7 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 6 of its 6 returns, 8% of revenue in FY2025.
990 Part VIII154funders
$4.8Ma year, last 3 years
17%from its largest funder
Funder’17’18’19’20’21’22’23Foundation to Promote Open SocietyStopped after FY2021$21M$366k–The Ford FoundationEvery year since FY2017$750k$500k$665k$3.9M$615k$367k$168kCities for Financial Empowerment Fund IncEvery year since FY2017$1.1M$2.4M$1.2M$860k$600k$560k$20kWorkforce Development CorporationOn and off$2.3MFreedom Together FoundationOn and off$400k$1.0M$500kThe Rockefeller FoundationOn and off$565k$156k$400k$150kDonor-advised giftsDonors not disclosed$106k$300k$390k$15M$943k$1.2M$480k117 other fundersUp to $7.2M a year each$2.8M$4.3M$4.0M$10M$3.9M$2.5M$1.7M
FundedThrough a donor-advised fundStopped