City Report Inc, operating under the name The City, is located in New York, NY. The organization was established in 2020. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, City employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, City generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $4.4m during the year ending 12/2021. While expenses have increased by 19.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CITY REPORT, INC. IS A NONPROFIT, NONPARTISAN, DIGITAL NEWS PLATFORM DEDICATED TO HARD-HITTING REPORTING THAT SERVES THE PEOPLE OF NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. 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. 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 EMERGES FROM THE PANDEMIC, 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 ARE IN 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, ELECTIONS, ENVIRONMENT AND CLIMATE, PUBLIC SAFETY, AND WORK. - UTILIZES DATA TO SUPPORT AND DRIVE RIGOROUS JOURNALISM SUCH AS THE WIDELY EMBRACED CORONAVIRUS TRACKER THAT ALSO SERVES AS A CORE RESOURCE FOR EXTENSIVE REPORTING ON THE IMPACT OF THE COVID-19 CRISIS. - ENGAGES WITH NEW YORK'S DIVERSE AND UNDERSERVED COMMUNITIES BOTH VIRTUALLY AND FACE-TO-FACE THROUGH THE INNOVATIVE OPEN NEWSROOM PARTNERSHIP. - PRODUCES A MORNING NEWSLETTER THAT'S BECOME A DAILY MUST-READ FOR MORE THAN 77,000 NEW YORKERS. CITY REPORT, INC. IS ALSO A RESOURCE AND PARTNER TO OTHER NEWS ORGANIZATIONS, COLLABORATING TO PRODUCE HIGH-QUALITY ACCOUNTABILITY REPORTING, AND ENCOURAGING REPUBLICATION AND REUSE OF OUR STORIES 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicholas Dawes Executive Director | Officer | 40 | $290,731 |
Jeremiah Hester Editor-In-Chief | Officer | 40 | $241,206 |
Hasani Gittens Deputy Editor | 40 | $166,139 | |
Alyssa Katz Deputy Editor | 40 | $159,242 | |
Greg Smith Senior Investigative Reporter | 40 | $136,380 | |
John Halpin Associate Director-Development | 40 | $126,692 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $504,440 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,727,138 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,231,578 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,232,654 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $647,727 |
Compensation of current officers, directors, key employees. | $261,521 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,183,703 |
Pension plan accruals and contributions | $54,591 |
Other employee benefits | $419,508 |
Payroll taxes | $216,354 |
Fees for services: Management | $0 |
Fees for services: Legal | $28,243 |
Fees for services: Accounting | $118,898 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $308,392 |
Advertising and promotion | $16,830 |
Office expenses | $47,523 |
Information technology | $199,950 |
Royalties | $0 |
Occupancy | $104,981 |
Travel | $10,499 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $18,304 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $19,748 |
All other expenses | $0 |
Total functional expenses | $4,395,251 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,812,098 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,719,589 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,807 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,536,494 |
Accounts payable and accrued expenses | $99,505 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $99,505 |
Net assets without donor restrictions | $3,951,576 |
Net assets with donor restrictions | $2,485,413 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,536,494 |
Over the last fiscal year, we have identified 13 grants that City Report Inc has recieved totaling $2,445,915.
Awarding Organization | Amount |
---|---|
Charles H Revson Foundation Inc New York, NY PURPOSE: LOCAL PUBLIC AFFAIRS JOURNALISM | $1,000,000 |
Charles H Revson Foundation Inc New York, NY PURPOSE: SUPPORT LOCAL PUBLIC AFFAIRS JOURNALISM | $500,000 |
Charles H Revson Foundation Inc New York, NY PURPOSE: SUPPORT LOCAL PUBLIC AFFAIRS JOURNALISM | $500,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $250,000 |
Pro Publica Inc New York, NY PURPOSE: 1) PARTICIPATION IN LOCAL REPORTING NETWORK INITIATIVE AND 2) PASS THROUGH SUB-GRANT PAYMENT BASED ON GRANT AGREEMENT | $78,700 |
Peter And Carmen Lucia Buck Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
Organization Name | Assets | Revenue |
---|---|---|
Witf Inc Harrisburg, PA | $54,156,408 | $17,466,259 |
Wxxi Public Broadcasting Council Rochester, NY | $26,835,003 | $14,361,773 |
Western New York Public Broadcasting Association Buffalo, NY | $20,445,081 | $15,235,511 |
Wqed Multimedia Pittsburgh, PA | $26,860,609 | $15,875,013 |
Geopath New York, NY | $2,097,357 | $11,766,480 |
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
Jta-Mjl New Corp New York, NY | $4,638,573 | $7,369,921 |
Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Markup News Inc New York, NY | $7,207,134 | $6,862,028 |