2023-11-15T16:02:41-06:00 2022-12-31 FORVIS LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2022-01-01 371896785 CITY REPORT INC % NIC DAWES CITY 9176710401 85 BROAD STREET Suite 12TH FL NEW YORK NY 10004 NICHOLAS DAWES EXECUTIVE DIRECTOR 8778295500 2023-11-15 true John Wotowicz 999009999 AARON SHAPIRO P01333816 2128674000 2023-11-15 2 2022 2023-04-26 12:10:37Z NICHOLAS DAWES 85 BROAD ST 12TH FLOOR NEW YORK NY 10004 6412575 false X WWW.THECITY.NYC X 2018 DE CITY REPORT, INC. SERVES THE PEOPLE OF NEW YORK THROUGH INDEPENDENT JOURNALISM THAT DEEPENS DEMOCRATIC PARTICIPATION AND HOLDS THE POWERFUL TO ACCOUNT. 16 16 43 16 0 7231578 6371150 0 0 0 0 1076 -5875 7232654 6365275 0 0 0 0 3521883 4562429 0 40000 918776 873368 1278791 4395251 5881220 2837403 484055 6536494 7612773 99505 691729 6436989 6921044 X CITY REPORT, INC. IS A NONPROFIT, NONPARTISAN, DIGITAL NEWS PLATFORM DEDICATED TO HARD-HITTING REPORTING THAT SERVES THE PEOPLE OF NEW YORK. false false 4246769 0 CITY REPORT, INC. launched in April 2019 as a nonprofit, nonpartisan, digital news platform dedicated to hard-hitting reporting that serves the people of New York. We produce high-quality and high-impact accountability reporting and service journalism. Our work is free to all and does not require a subscription. Instead of charging for access, we rely on the support of members, donors, and sponsors. Continued on Schedule O. 4246769 true true false 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 30 0 43 true false false false false false true true false false false false false false X 16 16 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 NICHOLAS DAWES EXECUTIVE DIRECTOR 40.0 0.0 X 340743 0 66578 RICHARD KIM EDITOR-IN-CHIEF 40.0 0.0 X 281185 0 37875 ALYSSA KATZ DEPUTY EDITOR 40.0 0.0 X 164141 0 61232 LYLE HASANI GITTENS DEPUTY EDITOR 40.0 0.0 X 169769 0 27509 YOAV GONEN SENIOR REPORTER 40.0 0.0 X 123618 0 59483 MARY TAYLOR DIRECTOR OF DEVELOPMENT 40.0 0.0 X 162543 0 18509 GREG SMITH SENIOR INVESTIGATIVE REPORTER 40.0 0.0 X 141188 0 10151 JOSE MARTINEZ SENIOR REPORTER 40.0 0.0 X 123545 0 19964 VANIA ANDRE DIRECTOR - COMMUNICATIONS & MA 40.0 0.0 X 104710 0 15007 JAMIE LYNTON CHAIR 1.0 0.0 X X 0 0 0 SARAH BARTLETT VICE CHAIR 1.0 0.0 X X 0 0 0 JENNIFER PRESTON TREASURER 1.0 0.0 X X 0 0 0 ELIZABETH MCNAMARA SECRETARY 1.0 0.0 X X 0 0 0 DARLINE JEAN BOARD MEMBER 1.0 0.0 X 0 0 0 JON STEINBERG BOARD MEMBER 1.0 0.0 X 0 0 0 LUIS MIRANDA JR BOARD MEMBER 1.0 0.0 X 0 0 0 MARK COLODNY BOARD MEMBER 1.0 0.0 X 0 0 0 MARK WINSTON GRIFFITH BOARD MEMBER 1.0 0.0 X 0 0 0 MARSHA COOKE BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD MURRAY BOARD MEMBER 1.0 0.0 X 0 0 0 RICHARD RAVITCH BOARD MEMBER 1.0 0.0 X 0 0 0 ROB SPEYER BOARD MEMBER 1.0 0.0 X 0 0 0 GARY GINSBERG BOARD MEMBER 1.0 0.0 X 0 0 0 SUSAN KANE BOARD MEMBER 1.0 0.0 X 0 0 0 CRAIG NEWMARK BOARD MEMBER 1.0 0.0 X 0 0 0 1611442 0 316308 9 false true false 0 486130 49503 5835517 6371150 0 0 0 0 0 0 0 0 19101 49503 47300 -28199 -28199 0 0 0 0 0 0 OTHER INCOME 900099 22324 22324 22324 6365275 -5875 0 0 0 0 1330084 741711 305491 282882 0 2455429 2135680 30725 289024 58106 53120 1283 3703 459125 367466 28824 62835 259685 194943 28514 36228 0 19399 19399 129942 129942 0 40000 40000 0 521518 334907 99686 86925 22959 22959 86674 42920 10841 32913 254850 209848 10979 34023 0 175369 138771 13724 22874 33830 23952 5468 4410 0 3451 3451 0 0 0 30799 30799 5881220 4246769 715675 918776 3812098 3066110 0 0 2719589 4043396 0 20712 0 0 0 0 0 0 0 0 4807 10419 0 0 0 0 0 0 0 0 0 0 0 472136 6536494 7612773 99505 270325 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 421404 99505 691729 X 3951576 2877649 2485413 4043395 6436989 6921044 6536494 7612773 484055 X false true X true false X 0 5264064 5328707 7231578 6371150 24195499 0 0 0 5264064 5328707 7231578 6371150 24195499 7356292 16839207 0 0 1076 22234 23310 24218809 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RIGHT-OF-USE ASSETS 421403 SECURITY DEPOSITS 41667 401K - EMPLOYEE SHARE 9066 472136 0 LEASE LIABILITY 421404 421404 6458645 46070 47300 93370 6365275 6365275 5974590 46070 47300 93370 5881220 5881220 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. SCHEDULE D, PART XI, LINE 2D DIRECT COST OF FUNDRAISING EVENTS: $47,300 SCHEDULE D, PART XII, LINE 2D DIRECT COST OF FUNDRAISING EVENTS: $47,300 X X X X X true KENDALL WALTON DEVELOPMENT false 40000 40000 CITYFEST 68604 49503 19101 3850 37200 3000 3250 0 68604 49503 19101 3850 37200 3000 3250 47300 -28199 X X false false false false false false false false false RICHARD KIM EDITOR-IN-CHIEF 281185 0 0 0 0 0 11247 0 26628 0 319060 0 NICHOLAS DAWES EXECUTIVE DIRECTOR 340743 0 0 0 0 0 12200 0 54378 0 407321 0 GREG SMITH SENIOR INVESTIGATIVE REPORTER 141188 0 0 0 0 0 9706 0 445 0 151339 0 YOAV GONEN SENIOR REPORTER 123618 0 0 0 0 0 5334 0 54149 0 183101 0 LYLE HASANI GITTENS DEPUTY EDITOR 169769 0 0 0 0 0 0 0 27509 0 197278 0 ALYSSA KATZ DEPUTY EDITOR 164141 0 0 0 0 0 6959 0 54273 0 225373 0 MARY TAYLOR DIRECTOR OF DEVELOPMENT 162543 0 0 0 0 0 6502 0 12007 0 181052 0 FORM 990, PART III, LINE 4A - PROGRAM SERVICE (Continued from Form 990, Part III, Line 4a). When people have good information they can make good decisions, and good decisions lead to a better life. Independent local reporting is the critical link between the policies, spending, and other actions of local government, the private sector, and citizens. Without this reporting, accountability disappears, citizens disconnect, and democracy fails. City Report, Inc. was founded to ensure that the critical link between government, journalism, and citizen needs is maintained and flourishes. The consolidation of local media in New York City has impacted comprehensive, consistent reporting on local affairs in the nation's largest city. As New York grapples with crises around housing, climate change, migrants, prisons, alleged government corruption, and more, City Report, Inc.'s reporting is crucial in ensuring the needs of everyday New Yorkers are heard, prioritized and met through effective policies and legislation. Our diverse team of journalists cover all five boroughs, City Hall, and Albany, producing essential reporting and information - engaging with the city's communities and holding the city's leaders and institutions to account where they are failing to deliver. City Report, Inc.'s team: - Reports across a wide range of topics including education, economy, transportation, health care, housing, justice (including courts, prisons, and policing), elections, environment and climate, public safety, and labor. - Utilizes data to support and drive rigorous journalism such as award-winning interactive tools around housing and elections - Provides service journalism that meets the information needs of New York's diverse and underserved communities - Pioneers audience engagement and collaboration efforts, both virtually and face-to-face through programs such as the innovative Open Newsroom event series. - Produces a weekday morning newsletter that's become a daily must-read for more than 70,000 New Yorkers. City Report, Inc. is also a resource and partner to other news organizations, collaborating to produce high-quality accountability reporting, and encouraging the free republication and reuse of our stories and code throughout the broader nonprofit and for-profit news media ecosystem. City Report, Inc.'s editorial team is supported by a first-rate team of business and organization-focused colleagues who have established a world-class, technology-enabled media company foundation that propels and amplifies the impact of City Report, Inc.'s work. FORM 990, PART VI, SECTION B, LINE 11B CITY REPORT, INC.'S FINANCIAL CONSULTANT REVIEWS THE FORM 990, FOLLOWED BY A REVIEW BY THE EXECUTIVE DIRECTOR AND THEN THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C 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, SECTION B, LINE 15A COMPENSATION OF THE OFFICERS OF CITY REPORT INC. WAS DETERMINED BY THE BOARD AT THE INCEPTION OF THE ORGANIZATION IN 2018 BASED UPON A REVIEW OF COMPENSATION FOR COMPARABLE POSITIONS AT COMPARABLE ORGANIZATIONS. THE BOARD WILL CONDUCT 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, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS AND A SUMMARY OF THE CONFLICT OF INTEREST POLICY APPEARS ON THE ORGANIZATION'S WEBSITE.