Tm Forum FY2021 filing

EIN 22-2926307 Business league / trade association Parsippany, NJ
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Revenue & expenses by yearFY2020–FY2025
Revenue
$20.3M
FY2021▼ -5%
Expenses
$18.3M
FY2021▼ -13%

Form 990 for the fiscal year ending March 2021 (IRS tax year 2020).


Drives collaboration and problem-solving to boost success for communication and digital service providers. For fiscal year 2021 it reported $20.3M in revenue, $18.3M in expenses, and $3.4M in net assets.Pt I

Founded
1988
Type
Business league / trade association · Nonprofit
Location
Parsippany, NJ
Website
www.tmforum.org
Filings
6 on file (2020–2021)
Revenue
$20.3MFY2021
Expenses
$18.3M
Net assets
$3.4M
People
41
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 8/7/26 · see original: IRS
Provided by the organization

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Size
$10–100M
What they do
Drives collaboration and problem-solving to boost success for communication and digital service providers.
Leadership
Nik Willets · President & CEO · $272K
Money in and out
$20.3M revenue, $18.3M expenses
Bottom line
+10% operating surplus

What Funders Ask

From IRS filings

Tax-deductible?

warning No

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Size and trend

$10–100M

↓ -5% vs prior year Details →

Not in filings yet: foundation funders · spent on programs

Membership & operating revenue · FY2021
Total revenue
$20.3M
Pt VIII · Ln 12
Total expenses
$18.3M
Pt IX · Ln 25
Net assets
$3.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Operating surplus
+10%
revenue over expenses
Earned revenue
42%
of revenue from program services & dues
Payroll share
51%
of spending is salaries & benefits

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Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$13.7M
FY2021▼ -4%
Total liabilities
$10.3M
FY2021▼ -20%
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$13.7M
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CTm Forum
EINHdr · item D22-2926307
Principal addressHdr · item CParsippany, NJ
WebsiteHdr · item Jwww.tmforum.org
Year of formationHdr · item L1988
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CEO
$272,381Pt VII · Sec A
Managing Director, Membership Engagement
$254,045Pt VII · Sec A
Cfo,secretary/Treasurer
$221,314Pt VII · Sec A
Regional Director, Americas
$209,512Pt VII · Sec A
EVP, Collaboration & Innovation
$186,444Pt VII · Sec A
Chief Digital Officer
$177,428Pt VII · Sec A
$171,742Pt VII · Sec A
Director of Product Management
$137,700Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tim Banham$374,642$427,972$468,251$370,198$254,045$168,590
Nik Willets—$436,395$356,974$359,326$272,381$231,485
Olga Martynov$372,748$349,270$327,700$278,669$221,314$190,550
George Glass$339,970$274,637$253,213$222,217$171,742$140,999
Paul Wilson—————$299,996
Nik Willetts$298,035—————
Gregory Geodjenian$267,523$273,200$221,717$181,687——
Andrew Tiller$263,572$233,291$232,539$237,295——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

The organization runs a series of events worldwide with their flagship event, digital transformation world which was a 4 week online event covering 6 content themes in TV studio live streamed to an audience of over 8,000.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$11.7M · 58%
Program service revenue$8.6M · 42%
Contributions & grants58%$11.7M
Program service revenue42%$8.6M
Investment income$20K
— government grantsLn 1e$602K
Total revenueLn 12$20.3M

Balance Sheet

Part X · end of year
CashLn 1$8.7M
Total assetsLn 16$13.7M
Total liabilitiesLn 26$10.3M
Total net assetsLn 32$3.4M
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $8.7M · Operating expenses/yr $18.3M
5.7 months
Where the money goes
Program services
Program services — · Total expenses $18.3M
—
Management & General
Management & general — · Total expenses $18.3M
—
Fundraising
Fundraising — · Total expenses $18.3M
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $11.7M · Total revenue $20.3M
58%
Government reliance
Government grants $602K · Total revenue $20.3M
3%
Earned-income share
Program service revenue $8.6M · Total revenue $20.3M
42%
Investment reliance
Investment income $20K · Total revenue $20.3M
+0.10%
Program self-sufficiency
Program service revenue $8.6M · Total expenses $18.3M
47%
Growth & trend
Revenue growth (YoY)
This year $20.3M · Prior year $21.3M
-5%
Net-asset trend (YoY)
End of year $3.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $20.3M · Expenses $18.3M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $13.7M
—
Net-asset ratio
Net assets $3.4M · Total assets $13.7M
25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $13.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nik Willets · Reported title PRESIDENT & CEO · Highest reported compensation $272K · Total expenses $18.3M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9.4M · Total expenses $18.3M
51%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Revenue growth -5%——
Legal fee ratio 1%——
Accounting fee ratio 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$35.9M revenue · ⤓ 990 PDF
FY2024$32.7M revenue · ⤓ 990 PDF
FY2023$28.6M revenue · ⤓ 990 PDF
FY2022$22.7M revenue · ⤓ 990 PDF
FY2021$20.3M revenue · viewing · ⤓ 990 PDF
FY2020$21.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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