2024-11-15T18:10:58+00:00 2023-12-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-01-01 371896785 City Report Inc CITY 9176710401 85 Broad Street 12th Floor New York NY 10004 NICHOLAS DAWES EXECUTIVE DIRECTOR 9176710401 2024-11-15 true true Aaron Shapiro P01333816 2128127000 2024-11-15 2023 2024-10-15 13:58:12Z Nicholas Dawes 85 Broad Street 12th Floor New York NY 10004 3548591 false X WWW.THECITY.NYC X 2018 DE CITY REPORT, INC. serves the people of New York through independent journalism that answers their information needs and holds the powerful to account 13 13 41 17 52639 -82303 6371150 3417216 0 0 -5875 131375 6365275 3548591 0 0 4562429 5758357 40000 160000 879399 1278791 1157998 5881220 7076355 484055 -3527764 7612773 3776332 691729 383052 6921044 3393280 CITY REPORT, INC. serves the people of New York through independent journalism that answers their information needs and holds the powerful to account false false 5086760 THE CITY IS AN INDEPENDENT, NONPROFIT, NEWSROOM BUILT ON THE LOVE OF NEW YORK AND THE CONVICTION THAT GREAT LOCAL NEWS IS INDISPENSABLE IN A GREAT CITY. WE DO INVESTIGATIVE JOURNALISM THAT HOLDS THE POWERFUL TO ACCOUNT, EXPLANATORY REPORTING THAT MAKES IT EASIER TO NAVIGATE COMPLEX PROCESSES, AND CONSISTENT, GROUND-UP COVERAGE OF THE MOST IMPORTANT ISSUES AFFECTING EVERYONE WHO LIVES HERE. CONTINUED ON SCHEDULE O. 5086760 true true false false false false false false false false false false true true false true false false false false false false true true false false false false true false false false false false false false false false false false false false false false false false true 26 0 41 true false false false false false false false false false false false false X 13 13 false false false false false false false true true false false false true true true false false true false false NY X X Nic Dawes 9176710401 85 Broad Street 12th Floor New York NY 10004 Darline Jean Interim Treasurer 1.0 X X 0 0 0 Elizabeth McNamara Secretary 1.0 X X 0 0 0 Jamie Lynton Chair 1.0 X X 0 0 0 Jennifer Preston Treasurer (thru July 2023) 1.0 X X 0 0 0 Sarah Bartlett Vice Chair 1.0 X X 0 0 0 Craig Newmark Board Member (thru December 2023) 1.0 X 0 0 0 Fannie Chen Board Member 1.0 X 0 0 0 Gary Ginsberg Board Member 1.0 X 0 0 0 Jon Steinberg Board Member (thru March 2023) 1.0 X 0 0 0 Luis Miranda Jr Board Member 1.0 X 0 0 0 Mark Colodny Board Member 1.0 X 0 0 0 Mark Winston Griffith Board Member 1.0 X 0 0 0 Marsha Cooke Board Member 1.0 X 0 0 0 Richard Murray Board Member 1.0 X 0 0 0 Richard Ravitch Board Member (thru June 2023) 1.0 X 0 0 0 Rob Speyer Board Member 1.0 X 0 0 0 Susan Kane Board Member 1.0 X 0 0 0 Nicholas Dawes Executive Director 40.0 X 304790 0 68937 Richard Kim Editor-In-Chief 40.0 X 272157 0 44163 Alyssa Katz Executive Editor 40.0 X 183761 0 64383 Lyle Hasani Gittens Deputy Editor 40.0 X 159567 0 14515 Scott Klein Chief Product Officer 40.0 X 194061 0 62069 Greg Smith Senior Reporter 40.0 X 141586 0 6219 Harry Siegel Senior Editor 40.0 X 136984 0 60871 Jessica Lysons Director of Finance and Administration 40.0 X 145872 0 24848 Martin Gottlieb Senior Editor 40.0 X 144547 0 4940 Zainab Shah Director of Audience and Engagement 40.0 X 139401 0 13571 1822726 0 364516 18 false true false 0 560294 2856922 3417216 0 0 0 0 0 0 0 0 0 0 0 0 Other Income 900099 78736 78736 Advertising fee revenue 541800 52639 52639 0 0 0 0 131375 3548591 0 52639 78736 1368403 1118006 127067 123330 3388969 2631389 405136 352444 89258 60722 21403 7133 566095 375882 139728 50485 345632 244940 70148 30544 23835 23835 129926 129926 160000 160000 312261 180171 94582 37508 4018 4018 75879 12913 29525 33441 217754 178558 8710 30486 301139 237900 33125 30114 41812 21025 20552 235 28382 6303 2418 19661 22992 22992 0 0 0 0 7076355 5067809 1129147 879399 3066110 1274375 0 4043396 2238000 20712 0 0 0 0 0 0 0 10419 37968 0 0 0 0 0 0 0 0 472136 225989 7612773 3776332 270325 109191 0 4705 0 0 0 100000 421404 169156 691729 383052 2877649 1060280 4043395 2333000 6921044 3393280 7612773 3776332 -3527764 0 X false true X true false X 5264064 5328707 7231578 6371150 3417216 27612715 0 0 0 0 0 0 0 0 0 0 0 0 5264064 5328707 7231578 6371150 3417216 27612715 14644342 12968373 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1076 22234 131375 154685 27767400 0 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - ADVERTISING FEE REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 52639.0, COLUMN F - 52639.0; DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - 1076.0, COLUMN D - 22234.0, COLUMN E - 78736.0, COLUMN F - 102046.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Right of Use Assets 184322 Security Deposits 41667 401K Employee Share 225989 Lease Liability 163489 401K Employee Share 5667 169156 3600806 52215 0 52215 3548591 0 0 3548591 7128570 52215 0 52215 7076355 0 0 7076355 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X true Beth Grupp Associates Box 60185 Capitol Suites Washington DC 20039 Development false 0 130000 -130000 Kendall Walton 1308 Pine Street Asbury Park NJ 07712 Development false 0 30000 -30000 0 160000 -160000 NY 0 0 0 0 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. BETH GRUPP ASSOCIATES-CUSTODY OR CONTROL OF CONTRIBUTION? NO;KENDALL WALTON-CUSTODY OR CONTROL OF CONTRIBUTION? NO; X X false false false false false false false false false Nicholas Dawes Executive Director 304790 0 0 0 0 0 12019 0 56918 0 373727 0 0 0 Richard Kim Editor-In-Chief 272157 0 0 0 0 0 11199 0 32964 0 316320 0 0 0 Scott Klein Chief Product Officer 194061 0 0 0 0 0 5374 0 56695 0 256130 0 0 0 Alyssa Katz Executive Editor 183761 0 0 0 0 0 7745 0 56638 0 248144 0 0 0 Lyle Hasani Gittens Deputy Editor 159567 0 0 0 0 0 0 0 14515 0 174082 0 0 0 Harry Siegel Senior Editor 136984 0 0 0 0 0 4133 0 56738 0 197855 0 0 0 Jessica Lysons Director of Finance and Administration 145872 0 0 0 0 0 5535 0 19313 0 170720 0 0 0 Zainab Shah Director of Audience and Engagement 139401 0 0 0 0 0 0 0 13571 0 152972 0 0 0 Form 990, Part III, Line 4a Our Approach We believe all New Yorkers have a right to trusted, free journalism that supports participation in civic life, fosters better governance, and encourages just, equitable outcomes in a thriving city. There are other outlets that serve up the daily drumbeat of crime stories and City Hall press releases. There are plenty of stories about the wealthiest zip codes, and it's not hard to find partisan coverage of local issues playing to a national audience. We believe New York City deserves better. At THE CITY we are dedicated to rigorous accountability reporting with a focus on systemic issues, the real-world impact of policy choices and the conduct of those who exercise power. But we don't just reveal wrongdoing. We want everyone to be empowered by our journalism. That's why we invest in reporting that is actively helpful, offering both plain-language guides and data-driven apps that make it easier to vote, access public services, or just make sense of complex issues. And we listen, asking communities online and in person to help guide our journalism by flagging concerns, giving us feedback and sharing ideas. Our Impact We want our journalism to result in better outcomes for the people of New York. That means wrongdoing is called out and halted; that better policies are implemented; and that resources are more effectively and fairly allocated. THE CITY's investigative reporting has resulted in criminal indictments, political resignations and ethics inquiries. It has inspired new laws, influenced budget choices and reversed injustices. Equitable access to trusted journalism also means that the public conversation is better informed and more reflective of the experiences of all who live here - and that leads to government officials being more responsive to their constituents. THE CITY's stories are republished for free by hundreds of community outlets, followed by other media outlets and consistently cited by elected officials, advocates and local leaders. Finally, our work aims to help individual readers to make good decisions and feel connected to their neighborhoods and New York. THE CITY's explanatory journalism has helped hundreds of thousands of New Yorkers to vote, keep their apartments warm, stay safe in dangerous weather, and access public assistance. Our Team THE CITY's reporters and editors know New York City and are committed to its future. They bring knowledge, passion and a deeply diverse range of experiences to the task of covering our shared home. Subject matter experts provide deeply informed coverage on crucial beats like housing, criminal justice, labor, migration, climate change, the economy, and City Hall in collaboration with neighborhood specialists, data reporters and investigative journalists. Our team includes veterans from New York's storied tabloids and reporters from national and hyper-local publications alike. They bring a wide-range of experience and a passion for innovation to the task of covering New York in journalism's fast-changing landscape. Our Funding Quality journalism is expensive - and digital advertising just isn't lucrative enough to pay for it. And because we want our reporting to be accessible to everyone, we will never have a paywall. Instead, THE CITY is supported by our readers, individual donors, foundations, and corporate sponsors. Their giving enables us to bring the highest standards to covering New York City. We are proud of our donors and grateful for their willingness to fund our work with no expectation of influencing our coverage. Form 990, Part VI, Line 11b Review of form 990 by governing body CITY REPORT, INC.'S FINANCIAL CONSULTANT REVIEWS THE FORM 990, FOLLOWED BY A REVIEW BY THE EXECUTIVE DIRECTOR AND THEN THE FINANCE COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD. Form 990, Part VI, Line 12c Conflict of interest policy DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY AND UPDATE THEIR DISCLOSURE STATEMENT PROMPTLY IF THERE IS ANY MATERIAL CHANGE IN THE INFORMATION PROVIDED. IF A CONFLICT ARISES, THE INTERESTED PARTY SHOULD PROMPTLY DISCLOSE THE MATERIAL FACTS OF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST PRIOR TO ANY DELIBERATION OR VOTING. THE PERSON WITH A CONFLICT OF INTEREST MAY PARTICIPATE IN THE DISCUSSION RELATED TO THE TRANSACTION BUT SHALL NOT PARTICIPATE IN AND SHALL REFRAIN FROM IMPROPERLY INFLUENCING THE DELIBERATIONS OR VOTING ON THE MATTER. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD CONDUCTS PERIODIC REVIEWS OF OFFICER COMPENSATION. IN OCTOBER 2022 CITY REPORT WORKED WITH A CONSULTANT TO VALIDATE THE COMPENSATION OF ALL EMPLOYEES. THE ORGANIZATION SURVEYED COMPENSATION LEVELS AT OTHER NYC-BASED LOCAL AND NATIONAL NEWS OUTLETS, AND IMPLEMENTED A BANDING STRUCTURE TO ENSURE FAIRNESS AND EQUITY ACROSS THE ORGANIZATION. Form 990, Part VI, Line 19 Required documents available to the public THE FINANCIAL STATEMENTS AND A SUMMARY OF THE CONFLICT-OF-INTEREST POLICY APPEARS ON THE ORGANIZATION'S WEBSITE.