2023-11-13T09:57:54-06:00 2022-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-01-01 611844780 PEOPLE'S FORUM INC PEOP 3476951095 320 WEST 37TH STREET GROUND FLOOR NEW YORK NY 10018 CHRISTOPHER CARUSO TREASURER 3476951095 2023-11-10 1 CHRISTOPHER CARUSO XXX-XX-XXXX 0 GISO JOSEPH P00030126 7819143400 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER CARUSO 320 WEST 37TH STREET GROUND FLOOR NEW YORK NY 10018 6154697 0 X HTTPS://PEOPLESFORUM.ORG/ X 2017 NY PROVIDE A SPACE FOR CULTURAL AND EDUCATION EVENTS RELEVANT FOR MARGINALIZED COMMUNITIES. 6 6 14 15 0 0 292922 4012601 60321 331306 117129 52108 16554 32854 486926 4428869 94396 343370 0 0 663321 823511 0 0 0 2214129 2646343 2971846 3813224 -2484920 615645 13654672 18591181 1023158 7014024 12631514 11577157 X PROVIDE A SPACE FOR CULTURAL AND EDUCATION EVENTS RELEVANT FOR MARGINALIZED COMMUNITIES, INCLUDING COMMUNITY FORUMS, EDUCATIONAL WORKSHOPS, CULTURAL PERFORMANCES, FILM SCREENINGS, LITERARY COMMENTARY AND REVIEW, AND MULTIMEDIA CREATIONS INTENDED TO RAISE AWARENESS AND OPPORTUNITIES FOR ADDRESSING INJUSTICE. PRESENT AND PRODUCE WORK THAT ADDRESSES THE ISSUES OF SOCIAL AND ECONOMIC INEQUALITY AND EDUCATES THE LARGER COMMUNITY ABOUT THESE ISSUES. 0 0 784065 331306 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. 1740122 343370 32854 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. 2524187 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CHRISTOPHER CARUSO 3476951095 320 WEST 37 STREET GROUND FLOOR NEW YORK NY 10018 DAVID SUNG MO CHUNG GENERAL MANAGER 35.00 X 65588 0 10019 LAYAN FULEIHAN EDUCATION DIRECTOR 35.00 X 66365 0 9771 WILLIAM BAPTIST JR BOARD CHAIR/DIRECTOR 3.00 X X 0 0 0 JODENE EVANS SECRETARY/DIRECTOR 3.00 X X 0 0 0 CHRISTOPHER CARUSO TREASURER/DIRECTOR 3.00 X X 0 0 0 CLAUDIA DE LA CRUZ CO-EXECUTIVE DIRECTOR/DIRECTOR 5.00 X 0 0 0 KENIA ALCOCER DIRECTOR 2.00 X 0 0 0 BEN WILKINS DIRECTOR 2.00 X 0 0 0 MANOLO DE LOS SANTOS CO-EXECUTIVE DIRECTOR 30.00 X 0 0 0 131953 0 19790 0 0 0 0 0 26367 226000 3760234 4012601 EVENT INCOME 531390 331306 331306 331306 190335 190335 1535130 1673357 -138227 -138227 -138227 85325 52471 32854 32854 4428869 364160 0 52108 343370 343370 65588 42667 22921 616092 400783 215309 70349 45929 24420 71482 46703 24779 41564 41564 54508 54508 39641 39641 110579 98044 12535 81388 61192 20196 60424 15106 45318 15056 11693 3363 1203380 782197 421183 167445 150297 17148 719347 467575 251772 48398 25390 23008 EQUIPMENT 33593 2783 30810 REPAIRS AND MAINTENANCE 31486 20672 10814 DUES AND SUBSCRIPTIONS 18287 3961 14326 LICENSES AND FEES 10991 5825 5166 10256 10256 3813224 2524187 1289037 0 91152 1450919 16015 37796 12118 26473 158755 80186 5445051 3037531 3097789 2407520 10277152 8322920 721 361 970 6265006 13654672 18591181 78558 53763 6279 750 226415 711906 6959511 1023158 7014024 X 12601040 11539350 30474 37807 12631514 11577157 13654672 18591181 615645 -1697620 27618 0 X X 0 1 X 1 0 X 4425680 15026419 10502 292922 4012601 23768124 4425680 15026419 10502 292922 4012601 23768124 2526161 21241963 873 134893 57136 119610 190335 502847 2771 3262 79636 85325 170994 24441965 677132 0.86910 X PART II, LINE 10 2019 - SALE OF INVENTORY $1,298; OTHER PROGRAM REVENUE $1,473 2020 - SALE OF INVENTORY $800; OTHER PROGRAM REVENUE $2,462 2021 - SALE OF INVENTORY $79,636 2022 - SALE OF INVENTORY $85,325 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4086698 1910588 2176110 1358353 1126943 231410 2407520 SECURITY DEPOSIT 970 RIGHT OF USE ASSETS - OPERARING LEASES 6264036 6265006 OPERATING LEASES - LT PORTION 5659641 OPERATING LEASES - CURRENT PORTION 1299870 6959511 X 2761791 -1697620 27618 52471 -1617531 4379322 39641 9906 49547 4428869 3816148 52471 52471 3763677 39641 9906 49547 3813224 PART X, LINE 2: TPF HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TPF IS REQUIRED TO MAKE THE APPROPRIATE TAX PAYMENTS ON ANY INCOME CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. TPF DID NOT INCUR FEDERAL AND STATE INCOME TAX EXPENSE RELATED TO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2022. TPF ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC 740-10, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. TPF HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2022. TPF FILES FEDERAL AND NEW YORK RETURNS. THE STATUTE OF LIMITATION FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. TPF HAS NO RETURNS UNDER EXAMINATION AS OF DECEMBER 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES COST OF GOODS SOLD 52,471. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 9,906. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES COST OF GOODS SOLD 52,471. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 9,906. 1 BREAKTHROUGH BT MEDIA INC 320 WEST 37TH STREET NEW YORK NY 10018 845071181 501(C)(3) 0 318596 LEASE CONTRACT OFFICE/STUDIO SPACE EDUCATIONAL JUSTICE AND EDUCATION FUND INC 2214 FREDERICK DOUGLASS BLVD STE 203 NEW YORK NY 10026 824975378 501(C)(3) 0 24774 LEASE CONTRACT OFFICE SPACE EDUCATIONAL 2 PART I, LINE 2: IN 2022, THE PEOPLE'S FORUM (TPF) GRANTED OFFICE/STUDIO SPACE TO TWO NONPROFIT ORGANIZATIONS TO HELP FURTHER THEIR MISSIONS. THE VALUE PROVIDED WAS CALCULATED BASED ON THE LEASE AGREEMENT OF THE SPACE AND SQUARE FOOTAGE USED BY THE ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE PEOPLE'S FORUM'S (TPF) FORM 990 IS PREPARED WITH THE ASSISTANCE OF AN OUTSIDE ACCOUNTING FIRM. FOLLOWING TPF'S INTERNAL MANAGEMENT'S REVIEW, A DRAFT VERSION OF THE RETURN IS DISTRIBUTED TO EACH VOTING MEMBER OF THE GOVERNING BODY FOR REVIEW AND COMMENTS. THE OUTSIDE ACCOUNTING FIRM WILL MAKE EDITS AS NECESSARY AND FINALIZE THE FORM 990. COPIES OF THE COMPLETED FORM 990 WILL BE DISTRIBUTED TO MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY: A. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF THE ORGANIZATION TO PAY NO MORE THAN A REASONABLE COMPENSATION FOR PERSONAL SERVICES RENDERED TO THE ORGANIZATION BY OFFICERS AND EMPLOYEES. THE DIRECTORS OF THE ORGANIZATION SHALL NOT RECEIVE COMPENSATION FOR FULFILLING THEIR DUTIES AS DIRECTORS, ALTHOUGH DIRECTORS MAY BE REIMBURSED FOR ACTUAL OUT-OF-POCKET EXPENSES WHICH THEY INCUR IN ORDER TO FULFILL THEIR DUTIES AS DIRECTORS. THE BOARD OF DIRECTORS MUST APPROVE IN ADVANCE THE AMOUNT OF ALL COMPENSATION FOR OFFICERS OF THE ORGANIZATION. BEFORE APPROVING THE COMPENSATION OF AN OFFICER, THE BOARD SHALL DETERMINE THAT THE TOTAL COMPENSATION TO BE PROVIDED BY THE ORGANIZATION TO THE OFFICER IS REASONABLE IN AMOUNT IN LIGHT OF THE POSITION, RESPONSIBILITY AND QUALIFICATION OF THE OFFICER FOR THE POSITION HELD, INCLUDING THE RESULT OF AN EVALUATION OF THE OFFICER'S PRIOR PERFORMANCE FOR THE ORGANIZATION, IF APPLICABLE. IN MAKING THE DETERMINATION, THE BOARD SHALL CONSIDER TOTAL COMPENSATION TO INCLUDE THE SALARY AND THE VALUE OF ALL BENEFITS PROVIDED BY THE ORGANIZATION TO THE INDIVIDUAL IN PAYMENT FOR SERVICES. AT THE TIME OF THE DISCUSSION AND DECISION CONCERNING AN OFFICER'S COMPENSATION, THE OFFICER SHOULD NOT BE PRESENT IN THE MEETING. THE BOARD SHALL OBTAIN AND CONSIDER APPROPRIATE DATA CONCERNING COMPARABLE COMPENSATION PAID TO SIMILAR OFFICERS IN LIKE CIRCUMSTANCES. TPF'S BOARD MEMBERS DETERMINED COMPENSATION FOR TOP MANAGEMENT PERSONNEL BY RESEARCHING COMPARABLE SALARIES IN THE NYC AREA AND CONSULTING WITH PARTNERS IN THE NONPROFIT SECTOR. AFTER EXTENSIVE RESEARCH, BOARD MEMBERS DECIDED ON SALARIES THAT WERE COMPETITIVE WHILE KEEPING THE SUSTAINABILITY AND FISCAL HEALTH OF THE ORGANIZATION IN MIND. THE BOARD CONSULTS INDEPENDENT, OUTSIDE ADVISORS REGARDING THE CONTEMPLATED COMPENSATION PACKAGE BEFORE MAKING OFFERS TO SENIOR MANAGEMENT. THE BOARD SHALL SET FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION WAS REASONABLE IN LIGHT OF THE EVALUATION AND THE COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST AND ON THE NY ATTORNEY GENERAL'S WEBSITE -HTTPS://WWW.CHARITIESNYS.COM/REGISTRYSEARCH/SEARCH_CHARITIES.JSP FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.