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Nonprofit · EIN 13-3185114

CITY FUTURES INC

Tax-exempt · NEW YORK, NY 10011

Financials

$1.5M$1.4M2022$1.3M$1.7M2023$1.8M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of CITY FUTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,794,951$1,697,536$97,415$2,257,475$590,269$1,667,206
June 30, 2024990$1,347,531$1,718,205-$370,674$2,290,790$734,951$1,555,839
June 30, 2023990$1,491,292$1,416,602$74,690$2,721,055$797,211$1,923,844
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,474,511
Program service revenue
$0
Investment income
$20,843
Net gain from sales of assets
$646
Net income from fundraising events
$298,211
Other revenue
$299,597

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$278,365
Other salaries and wages
$541,260
Salaries, compensation and benefits (total)
$1,033,178
Professional fundraising fees
$12,000
Accounting fees
$60,283
Occupancy
$118,793
Depreciation
$1,692
Program services (functional)
$1,466,150
Management and general (functional)
$155,578
Fundraising (functional)
$75,808

Balance sheet and other

Total assets, start of year
$2,290,790
Total assets, end of year
$2,257,475
Total liabilities, end of year
$590,269
Net assets, end of year
$1,667,206
Land, buildings and equipment
$2,581
Publicly traded securities
$623,158
Net assets without donor restrictions
$1,184,206
Net assets with donor restrictions
$483,000
Gross receipts
$2,093,931
Employees
23
Volunteers
6
Year formed
1982
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JONATHAN BOWLESEXECUTIVE DIRECTOR
Trustee or director, Officer
40$234,831$39,392
ELI DVORKINEDITORIAL & POLICY DIRECTO
Highest-paid employee
40$150,844$37,307
GIFFORD MILLERCHAIRMAN
Trustee or director, Officer
2$0$0
RAFAEL E CESTEROBOARD MEMBER
Trustee or director
2$0$0
MAX NEUKIRCHENTREASURER
Trustee or director, Officer
2$0$0
GARNESHA EZEDIAROBOARD MEMBER
Trustee or director
2$0$0
MARGARET ANADUBOARD MEMBER
Trustee or director
2$0$0
RUSSELL DUBNERBOARD MEMBER
Trustee or director
2$0$0
SUSAN FINEBOARD MEMBER
Trustee or director
2$0$0
SHERRY WANGBOARD MEMBER
Trustee or director
2$0$0
KYLE KIMBALLBOARD MEMBER
Trustee or director
2$0$0
DAVID LEBENSTEINBOARD MEMBER
Trustee or director
2$0$0
ERIC S LEEBOARD MEMBER
Trustee or director
2$0$0
MONISHA NARIANIBOARD MEMBER
Trustee or director
2$0$0
ANDREW REICHERBOARD MEMBER
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
JOHN SIEGALBOARD MEMBER
Trustee or director
2$0
KATY KNIGHTBOARD MEMBER
Trustee or director
2$0
THOMAS VECCHIONEBOARD MEMBER
Trustee or director
2$0
JESSIE LAZARUSBOARD MEMBER
Trustee or director
2$0
KATE WITTELSBOARD MEMBER
Trustee or director
2$0
JOSH MOSKOWITZBOARD MEMBER
Trustee or director
2$0
PETER SCHUBERTBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensationOther / benefits
JONATHAN BOWLESEXECUTIVE DIRECTOR
Trustee or director, Officer
40$217,336$36,338
ELI DVORKINEDITORIAL & POLICY DIRECTO
Highest-paid employee
40$141,868$34,679
GIFFORD MILLERCHAIRMAN
Trustee or director, Officer
2$0$0
RAFAEL E CESTEROBOARD MEMBER
Trustee or director
2$0$0
MAX NEUKIRCHENTREASURER
Trustee or director, Officer
2$0$0
GARNESHA EZEDIAROBOARD MEMBER
Trustee or director
2$0$0
MARGARET ANADUBOARD MEMBER
Trustee or director
2$0$0
RUSSELL DUBNERBOARD MEMBER
Trustee or director
2$0$0
SUSAN FINEBOARD MEMBER
Trustee or director
2$0$0
SHERRY WANGBOARD MEMBER
Trustee or director
2$0$0
KYLE KIMBALLBOARD MEMBER
Trustee or director
2$0$0
DAVID LEBENSTEINBOARD MEMBER
Trustee or director
2$0$0
ERIC S LEEBOARD MEMBER
Trustee or director
2$0$0
MONISHA NARIANIBOARD MEMBER
Trustee or director
2$0$0
ANDREW REICHERBOARD MEMBER
Trustee or director
2$0$0
JOHN SIEGALBOARD MEMBER
Trustee or director
2$0$0
KATY KNIGHTBOARD MEMBER
Trustee or director
2$0$0
THOMAS VECCHIONEBOARD MEMBER
Trustee or director
2$0$0
JESSIE LAZARUSBOARD MEMBER
Trustee or director
2$0$0
KATE WITTELSBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationOther / benefits
JONATHAN BOWLESEXECUTIVE DIRECTOR
Trustee or director, Officer
40$181,703$35,278
ELI DVORKINEDITORIAL & POLICY DIRECTO
Highest-paid employee
40$134,573$32,022
GIFFORD MILLERCHAIRMAN
Trustee or director, Officer
2$0$0
RAFAEL E CESTEROBOARD MEMBER
Trustee or director
2$0$0
MAX NEUKIRCHENTREASURER
Trustee or director, Officer
2$0$0
GARNESHA EZEDIAROBOARD MEMBER
Trustee or director
2$0$0
MARGARET ANADUBOARD MEMBER
Trustee or director
2$0$0
RUSSELL DUBNERBOARD MEMBER
Trustee or director
2$0$0
SUSAN FINEBOARD MEMBER
Trustee or director
2$0$0
SHERRY WANGBOARD MEMBER
Trustee or director
2$0$0
KYLE KIMBALLBOARD MEMBER
Trustee or director
2$0$0
DAVID LEBENSTEINBOARD MEMBER
Trustee or director
2$0$0
ERIC S LEEBOARD MEMBER
Trustee or director
2$0$0
MONISHA NARIANIBOARD MEMBER
Trustee or director
2$0$0
ANDREW REICHERBOARD MEMBER
Trustee or director
2$0$0
JOHN SIEGALBOARD MEMBER
Trustee or director
2$0$0
KATY KNIGHTBOARD MEMBER
Trustee or director
2$0$0
THOMAS VECCHIONEBOARD MEMBER
Trustee or director
2$0$0
JESSIE LAZARUSBOARD MEMBER
Trustee or director
2$0$0
KATE WITTELSBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
80 8TH AVE STE 704, NEW YORK, NY 10011-7176
In care of
% JONATHAN BOWLES
Principal officer (990 for 2024)
JONATHAN BOWLES, 80 8TH AVENUE SUITE 704, NEW YORK, NY 10011
Signed the 990
JONATHAN BOWLES, EXECUTIVE DIRECTOR
Phone
(212) 479-3344
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

CITY FUTURES, INC. IS A CATALYST FOR SMART AND SUSTAINABLE POLICIES THAT REDUCE INEQUALITY, INCREASE ECONOMIC MOBILITY AND GROW THE ECONOMY IN NEW YORK CITY. AN INDEPENDENT, NONPARTISAN POLICY ORGANIZATION, CUF USES FACT-BASED RESEARCH TO ELEVATE IMPORTANT AND OFTEN OVERLOOKED ISSUES ONTO THE RADAR OF POLICYMAKERS AND ADVANCE PRACTICAL SOLUTIONS THAT STRENGTHEN NEW YORK AND HELP ALL NEW YORKERS PARTICIPATE IN THE CITY'S RISING PROSPERITY.

990 for the year ended June 30, 2025

Program accomplishments

  • FOR MORE THAN 20 YEARS, CUF HAS CONSISTENTLY SHAPED THE POLICY DEBATE AROUND ECONOMIC OPPORTUNITY IN NEW YORK BY PUBLISHING REPORTS THAT ARE WIDELY COVERED IN THE MEDIA, HIGHLY READABLE AND ANCHORED IN RIGOROUS RESEARCH RATHER THAN PRECONCEIVED NOTIONS ABOUT OUTCOME. CUF'S EFFORTS TO CREATE A MORE PROSPEROUS, EQUITABLE AND INCLUSIVE NEW YORK SPAN MANY TOPICS AND POLICY AREAS, AND ARE UNIFIED BY THEIR COMMON AIMS: GROWING NEW YORK CITY'S ECONOMY AND BOOSTING THE NUMBER OF MIDDLE INCOME JOBS; HELPING MORE PEOPLE DEVELOP THE SKILLS AND CREDENTIALS NEEDED TO ACCESS CAREERS THAT PUT THEM ON THE PATH TO THE MIDDLE CLASS; AND MAKING NEW YORK CITY AND ITS MANY AND DIVERSE NEIGHBORHOODS A BETTER PLACE TO LIVE. CUF'S REPORTS DO NOT SIT ON A SHELF; THEY ARE ACTION-ORIENTED DOCUMENTS THAT ROUTINELY SPARK POLICY CHANGES AND SERVE AS AN INVALUABLE RESOURCE FOR GOVERNMENT OFFICIALS, NONPROFIT PRACTITIONERS, BUSINESS LEADERS AND PHILANTHROPIC LEADERS AS THEY ADVOCATE FOR, AND IMPLEMENT POLICIES FOR, ADDRESSING NEW YORK'S BIGGEST OPPORTUNITIES AND CHALLENGES. OUR WORK HAS INFLUENCED THE CREATION OF NEW ECONOMIC DEVELOPMENT INITIATIVES FOR LOW-INCOME ENTREPRENEURS, PAVED THE WAY FOR AN EXPANSION OF YOUTH WORKFORCE DEVELOPMENT PROGRAMS AND SPARKED NEW POLICIES TO SUPPORT AGING IMMIGRANTS. RECENTLY, OUR WORK DOCUMENTED THE VITAL ROLE OF BRANCH LIBRARIES IN EMPOWERING DISADVANTAGED NEW YORKERS AND LAID THE GROUNDWORK FOR THE LARGEST EVER INCREASE IN FUNDING FOR THE CITY'S PUBLIC LIBRARIES.
    Expenses $1,466,150

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-3185114
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,257,475
Income (IRS master file)
$2,093,931

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,794,951$1,697,536$2,257,475IRS
990June 2024$1,347,531$1,718,205$2,290,790IRS
990June 2023$1,491,292$1,416,602$2,721,055XML
990June 2022$1,329,058$1,338,832$1,938,198IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3185114).

Questions about CITY FUTURES INC

What is the EIN of CITY FUTURES INC?
The employer identification number (EIN) of CITY FUTURES INC is 13-3185114.
Is CITY FUTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to CITY FUTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CITY FUTURES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CITY FUTURES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CITY FUTURES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CITY FUTURES INC?
The 990 for the year ended June 30, 2025 names JONATHAN BOWLES.
Who are the officers and directors of CITY FUTURES INC?
The 990 for the year ended June 30, 2025 lists 22 people; 2 received compensation from the organization, the highest $234,831 (JONATHAN BOWLES, EXECUTIVE DIRECTOR).
How much revenue does CITY FUTURES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,794,951, expenses of $1,697,536 and total assets of $2,257,475 at year end.

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