NFP500

#217 of 500 · Civic & Other

Manhattan And Bronx Surface Transit Operating Authority

EIN 13-1961750 · NY · NTEE n/a · Form 990, fiscal 2023

A public-benefit subsidiary of the New York City Transit Authority, itself part of the Metropolitan Transportation Authority (MTA). Created in 1962 to take over bankrupt private bus operators, MaBSTOA operates local, express, and Select Bus Service routes throughout Manhattan and the Bronx from multiple depots. It exists primarily as an operating and employment entity for a portion of New York City's public bus system and maintains its own pension arrangements.

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Financials, fiscal 2023

Revenue
$737.0M
Expenses
$1.82B
Total assets
$1.40B
Net assets
-$1.28B
Operating margin
-146.9%
1-year growth
-11.3%
5-year growth (CAGR)
-6.5%
Reserve (years of spending)
-8.4
Contributions share
62.4%
Programme spending
35.7%
Fundraising cost
0.0%
Executive pay share
5.02%
Employees
8,698
Revenue per employee
$85K
Grants paid
n/a
Years filing
40

NFP Health Score: 57 / 100

Financial 33 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2019$964.1M
2020$558.5M
2021$480.0M
2022$830.7M
2023$737.0M