Murmuration Research Institute Inc
84% goes to programs $4 to raise $100 Strong reserves Declining revenue
Murmuration Research Institute Inc is a 501(c)(3) organization based in New York, New York, registered in 2021, with $11,527,047 in FY2024 revenue. CharityIndex grades it C, and it directs about 84% of spending to programs.
44 Wall St Ste 1600, New York, NY, 10005 EIN 86-1626267 Since 2021
Revenue (FY2024)
$11.5M
▼ 88.8% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$30.0M
Net assets
$57.1M
Employees
144
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating84% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Murmuration Research Institute Inc: 84% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
FFinancial health25% of the rating23 mo reserves · -160% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Murmuration Research Institute Inc: 23 mo reserves · -160% margin earns a F on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Murmuration Research Institute Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Murmuration Research Institute Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See part iii, line 1.
Contact & location
- Address
- 44 Wall St Ste 1600, New York, NY, 10005
- City
- New York
- State
- New York
- Category
- Public & Societal Benefit
- Subcategory
- Public Benefit Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.3M (FY2022) to $11.5M (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.6MNet assets $57.1M
Operating margin
-160.4%
Spent more than it raised in the latest fiscal year.
Total assets
$60.7M
Total liabilities
$3.6M
Net assets
$57.1M
Salaries & benefits
$18.3M
61% of expenses
Board members
3
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,527,047▼88.8% | $30,015,423▲4.1% | $57,079,535▼24.5% | $60,722,690▼23.9% | 990 |
| 2023 | $102,662,779▲4397% | $28,831,448▲5176% | $75,567,911▲4252% | $79,803,708▲4268% | 990 |
| 2022 | $2,283,082 | $546,502 | $1,736,580 | $1,826,986 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Emma Bloomberg — $290,119 (0.97% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Emma Bloomberg | President, Ceo | 29 | $290,119 |
| Sarah Stamper | Chief Research Officer | 40 | $270,000 |
| Jay Sherman | Vp of Engineering | 40 | $263,103 |
| Benjamin Calvin | Vp, Data Science | 40 | $237,218 |
| Joseph Hamala | Sr Director, Infrastructure | 40 | $227,245 |
| Conor Laver | Chief Tech. Officer (end 06/01/24) | 40 | $225,286 |
| Nathan Ramia | Vp, Product | 40 | $222,789 |
| Heidi Wiliams | Chief Tech. Officer (beg. 05/20/24) | 40 | $216,319 |
| Shane Bateman | Cfo, Treasurer | 36 | $189,667 |
| Antoinette Chukudebelu | Chief People & Equity Officer | 30 | $183,824 |
| Laura Brogan | Vp of Strategic Operations | 40 | $168,225 |
| Peggy Ann Torney | Vp of Comm, Secretary | 20 | $108,742 |
| Kellen Arno | Chief Program Officer | 16 | $106,090 |
| Anish Melwani | Board Member | 1 | — |
| Brynne Craig | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Amazon Web Services | Hosting Services | $2,021,988 |
| Mongodb Inc | Hosting Services | $1,077,256 |
| Clv Corp DBA Moove It | Outsourced Engineering Services | $1,011,660 |
| Bryson Gillette LLC | Communication Services | $390,187 |
| Social Sphere Inc | Genz Research | $387,500 |
Grants received · $46.0M total
11 grants to Murmuration Research Institute Inc totaling $46.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charter Fund Inc | Charter school capacity-building | 2024 | $2,000,000 |
| Silicon Valley Community Foundation | Community development | 2024 | $1,000,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $14,000,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $12,500,000 |
| Silicon Valley Community Foundation | Community development | 2023 | $1,000,000 |
| Murmuration Inc | General support | 2023 | $202,268 |
| Robin Hood Foundation | Poverty relief | 2023 | $150,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $14,000,000 |
| Silicon Valley Community Foundation | Community development | 2022 | $1,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $50,000 |
Grants made · $765K in FY2024
1 grant totaling $765K in FY2024. All grants made by Murmuration Research Institute Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Murmuration Inc | The $765,000 grant to murmuration supports efforts to strengthen civic engagement and democratic participation by investing in data infrastructure, research, and communications strategies. specifically, the grant funds support the development of tools and analyses that help charitable organizations better understand and engage key audiences on issues to build and strengthen communities. this grant is restricted to charitable purposes only. | $765,000 |
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Frequently asked questions
- Is Murmuration Research Institute Inc a legitimate nonprofit?
- Yes. Murmuration Research Institute Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 86-1626267, based in New York, New York. Donations are tax-deductible.
- What is Murmuration Research Institute Inc's EIN?
- Murmuration Research Institute Inc's Employer Identification Number (EIN) is 86-1626267.
- How much revenue does Murmuration Research Institute Inc report?
- Murmuration Research Institute Inc reported $11,527,047 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Murmuration Research Institute Inc's spending goes to programs?
- Murmuration Research Institute Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Murmuration Research Institute Inc have?
- CharityIndex grades Murmuration Research Institute Inc C, based on program efficiency and fundraising cost.
- How much does Murmuration Research Institute Inc's highest-paid employee make?
- The highest reported compensation on Murmuration Research Institute Inc's latest Form 990 is $290,119, paid to Emma Bloomberg (President, Ceo).
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Data for Murmuration Research Institute Inc (EIN 86-1626267) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.