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NEW YORK CITY TOURISM FOUNDATION INC: Form 990EZ, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
NEW YORK CITY TOURISM FOUNDATION INC (EIN 13-4020446)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202213199349213921
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-15T19:48:40-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1245 PARK AVENUE 12TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10167ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134020446EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NYC & COMPANY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNYC&BusinessNameControlTxt
Phone2124841255PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD LOVATTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2124841255PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRICHARDPersonFirstNm
Person LastLOVATTPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone2122862600PhoneNum
Preparation2022-11-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$8,217GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$8,217ContributionsGiftsGrantsEtcAmt
Total Revenue$8,217TotalRevenueAmt
Grants And Similar Amounts Paid$10,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$30,650FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$2,898OtherExpensesTotalAmt
Total Expenses$43,548TotalExpensesAmt
Excess Or Deficit For Year-$35,331ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$194,377NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$20,040OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$179,086NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$182,364BOYAmt
EOY$316,900EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$82,013BOYAmt
EOY$1,000EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$264,377BOYAmt
EOY$317,900EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$70,000BOYAmt
EOY$138,814EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$194,377BOYAmt
EOY$179,086EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
EDUCATION AND CHARITABLE ORGANIZATION CONTRIBUTIONS:THE FOUNDATION ADMINISTERS A GRANT PROGRAM TO ASSIST NEW YORK CITY'S NON PROFIT ARTS AND CULTURAL ORGANIZATIONS IN THE DEVELOPMENT OF CULTURAL TOURISM RELATED PROJECTS DESIGNED TO ATTRACT VISITORS. THE FOUNDATION FOCUSES ON EDUCATING DOMESTIC AND INTERNATIONAL MARKETS ABOUT THE CULTURAL OPPORTUNITIES AVAILABLE THROUGHOUT NEW YORK CITY. THE FOUNDATION ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR ORGANIZATION'S MISSION AND SCHOLARSHIP FUNDS.$10,000$10,000
BOROUGH GRANT PROGRAM/CONTRIBUTIONS:CONTRIBUTING MONEY TO SPECIFIC COMMUNITY PROGRAMS IN NEW YORK CITY'S FIVE BOROUGHS WHICH CAN DRIVE TOURISM. TYPICAL ANNUAL CONTRIBUTION CIRCA $320-$350K FUNDING APPROXIMATELY 60 PROGRAMS ACROSS THE FIVE BOROUGHS.$0$0
Z-CARDS/CULTURE SPOT:PROVISION OF FREE FOLD OUT MAPS ('Z-CARDS') TO LOCAL RESIDENTS AND TOURISTS HIGHLIGHTING THE CITY'S CULTURAL INSTITUTIONS AND OPPORTUNITIES AND HOW TO GET TO THEM.$0$0
FieldValueIRS element (for citing)
Total Program Service Expenses$10,000TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
FRED DIXON
PRESIDENT1.00$0$0$0
RICHARD LOVATT
TREASURER1.00$0$0$0
HAROLD HOLZER
SECRETARY1.00$0$0$0
CHARLES FLATEMAN
DIRECTOR1.00$0$0$0
EMILY RAFFERTY
DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD LOVATTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1810 SEVENTH AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Phone2124841200PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$493,920CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$510,980CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$522,520CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,000CurrentTaxYearMinus1YearAmt
Current Tax Year$8,217CurrentTaxYearAmt
Total$1,538,637TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$493,920CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$510,980CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$522,520CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,000CurrentTaxYearMinus1YearAmt
Current Tax Year$8,217CurrentTaxYearAmt
Total$1,538,637TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$281,428SubstantialContributorsTotAmt
Public Support Total170$1,257,209PublicSupportTotal170Amt
Total Support$1,538,637TotalSupportAmt
Gross Receipts Rltd Activities$2,100GrossReceiptsRltdActivitiesAmt
Public Support CY1700.81710PublicSupportCY170Pct
Public Support PY1700.82550PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: CHARITABLE EDUCATIONAL CONTRIBUTIONS. GRANTEE NAME: NYC COLLEGE OF TECHNOLOGY. GRANTEE ADDRESS: 300 JAY ST. BROOKLYN, NY 11201. DATE OF GIFT: 07/14/21. AMOUNT GIVEN: 10,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 10,000.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK FEES. AMOUNT: 2,898.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETSDESCRIPTION: GRANT REFUNDS. AMOUNT: 17,790. DESCRIPTION: REVERSAL OF CULTURAL PROMOTIONS EXPENSE. AMOUNT: 2,250. TOTAL TO FORM 990-EZ, LINE 20: 20,040.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: PLEDGES AND GRANTS RECEIVABLE. BEG. OF YEAR AMOUNT: 15,000. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM NYC & COMPANY, INC.. BEG. OF YEAR AMOUNT: 67,013. END OF YEAR AMOUNT: 1,000.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 29,814. DESCRIPTION: GRANT PAYABLE. BEG. OF YEAR AMOUNT: 50,000. END OF YEAR AMOUNT: 9,000. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 100,000.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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