Civic Intelligence

Municipal Securities Rulemaking Board

990 • Fiscal year 2023 • EIN 52-1042433

Oct 01, 2022 to Sep 30, 2023

Organization ProfileWWW.MSRB.ORG
Washington, DC
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

36th percentile

0.23x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.36x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Net Margin

44th percentile

3.5%

Higher net margin than 44% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

50%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)6 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$76,222,195

Up $8,139,214 (+12%) from 2022

Net Assets

Up

$58,706,401

Up $2,194,384 (+3.9%) from 2022

Liabilities

Up

$17,515,794

Up $5,944,830 (+51%) from 2022

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin44th percentile

Revenue

Up

$48,594,053

Up $16,198,574 (+50%) from 2022

Expenses

Up

$46,879,987

Up $5,321,037 (+13%) from 2022

Net Income

Up

$1,714,066

Up $10,877,537 (+119%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $29,760,889Liabilities 2010: $3,825,563Net Assets 2010: $25,935,3262010Assets 2011: $36,651,410Liabilities 2011: $3,312,474Net Assets 2011: $33,338,9362011Assets 2012: $50,041,243Liabilities 2012: $3,646,681Net Assets 2012: $46,394,5622012Assets 2013: $60,813,189Liabilities 2013: $2,933,965Net Assets 2013: $57,879,2242013Assets 2014: $64,620,381Liabilities 2014: $4,231,356Net Assets 2014: $60,389,0252014Assets 2015: $74,829,468Liabilities 2015: $5,314,474Net Assets 2015: $69,514,9942015Assets 2016: $79,547,955Liabilities 2016: $10,233,151Net Assets 2016: $69,314,8042016Assets 2017: $84,511,116Liabilities 2017: $10,074,504Net Assets 2017: $74,436,6122017Assets 2018: $88,567,608Liabilities 2018: $9,752,147Net Assets 2018: $78,815,4612018Assets 2019: $80,231,181Liabilities 2019: $9,943,197Net Assets 2019: $70,287,9842019Assets 2020: $83,153,694Liabilities 2020: $9,492,157Net Assets 2020: $73,661,5372020Assets 2021: $78,531,119Liabilities 2021: $10,936,216Net Assets 2021: $67,594,9032021Assets 2022: $68,082,981Liabilities 2022: $11,570,964Net Assets 2022: $56,512,0172022Assets 2023: $76,222,195Liabilities 2023: $17,515,794Net Assets 2023: $58,706,4012023Assets 2024: $84,065,143Liabilities 2024: $17,055,530Net Assets 2024: $67,009,6132024

Highlighted filing

2023

Assets$76,222,195
Liabilities$17,515,794
Net Assets$58,706,401
Open 2023 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $23,131,4082010Revenue 2011: $33,507,215Expenses 2011: $26,075,879Net Income 2011: $7,431,3362011Expenses 2012: $26,836,7122012Expenses 2013: $27,778,3302013Revenue 2014: $32,008,523Expenses 2014: $29,502,499Net Income 2014: $2,506,0242014Revenue 2015: $41,199,697Expenses 2015: $32,201,607Net Income 2015: $8,998,0902015Revenue 2016: $35,334,268Expenses 2016: $35,587,170Net Income 2016: -$252,9022016Revenue 2017: $41,318,901Expenses 2017: $35,833,571Net Income 2017: $5,485,3302017Revenue 2018: $42,100,901Expenses 2018: $37,378,304Net Income 2018: $4,722,5972018Revenue 2019: $32,877,847Expenses 2019: $42,302,498Net Income 2019: -$9,424,6512019Revenue 2020: $46,866,502Expenses 2020: $43,872,714Net Income 2020: $2,993,7882020Revenue 2021: $35,699,202Expenses 2021: $41,164,114Net Income 2021: -$5,464,9122021Revenue 2022: $32,395,479Expenses 2022: $41,558,950Net Income 2022: -$9,163,4712022Revenue 2023: $48,594,053Expenses 2023: $46,879,987Net Income 2023: $1,714,0662023Revenue 2024: $56,050,435Expenses 2024: $49,151,258Net Income 2024: $6,899,1772024

Highlighted filing

2023

Revenue$48,594,053
Expenses$46,879,987
Net Income$1,714,066
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Mission and Program Overview

Mission

See schedule othe mission of the msrb is to protect investors, state and local government issuers, other municipal entities, and the public interest by promoting a fair and efficient municipal market through: 1. Establishing rules for dealers and municipal advisors; 2. Collecting and disseminating market information, and 3. Engaging in market leadership, outreach and education.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$76,222,195
Liabilities
$17,515,794
Net assets
$58,706,401
Revenue
$48,594,053
Expenses
$46,879,987
Net income
$1,714,066
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.1$17.1$67.0$56.1$49.2$6.90
2023Summary only. Only limited summary data is available for this year.$76.2$17.5$58.7$48.6$46.9$1.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.1$11.6$56.5$32.4$41.6$9.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$78.5$10.9$67.6$35.7$41.2$5.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.2$9.49$73.7$46.9$43.9$2.99
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.2$9.94$70.3$32.9$42.3$9.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.6$9.75$78.8$42.1$37.4$4.72
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.5$10.1$74.4$41.3$35.8$5.49
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.5$10.2$69.3$35.3$35.6$0.25
2015Detailed filing. Detailed filing data is available for this year.$74.8$5.31$69.5$41.2$32.2$9.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.6$4.23$60.4$32.0$29.5$2.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.8$2.93$57.9$27.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.0$3.65$46.4$26.8
2011Summary only. Only limited summary data is available for this year.$36.7$3.31$33.3$33.5$26.1$7.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$3.83$25.9$23.1