Totals
- Total revenue
- $1,794,873
- Total expenses
- $1,493,013
- Contributions and grants received
- $1,617,667
- Grants paid
- $0
- Program service revenue
- $165,427
- Investment income
- $7,889
- Other revenue
- $3,890
- Total assets, end of year
- $1,279,535
- Total liabilities, end of year
- $244,446
- Net assets or fund balances, end of year
- $1,035,089
- Program services expenses (Part IX)
- $909,134
- Management and general expenses
- $336,951
- Fundraising expenses
- $246,928
- Program service expenses (Part III)
- $909,134
Program services were 60.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,617,667
-
2a · Program service revenue: EVENT REVENUE
total $3,480 · related or exempt $3,480
-
2b · Program service revenue: ADVERTISING
total $152,947 · related or exempt $152,947
-
2c · Program service revenue: CONSULTING
total $9,000 · related or exempt $9,000
-
3 · Investment income
total $7,889 · excluded $7,889
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: OTHER INCOME
total $3,890 · related or exempt $3,890
-
11e · Other revenue, total
$3,890
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $129,016 · program services $25,803 · management and general $38,705 · fundraising $64,508
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $704,985 · program services $529,558 · management and general $92,484 · fundraising $82,943
-
8 · Pension plan contributions
total $13,353 · program services $8,892 · management and general $2,100 · fundraising $2,361
-
9 · Other employee benefits
total $73,839 · program services $49,169 · management and general $11,615 · fundraising $13,055
-
10 · Payroll taxes
total $70,231 · program services $46,767 · management and general $11,047 · fundraising $12,417
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $34,056 · management and general $34,056
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $17,695 · management and general $15,428 · fundraising $2,267
-
12 · Advertising and promotion
total $32,528 · fundraising $32,528
-
13 · Office expenses
total $60,456 · program services $6,279 · management and general $34,989 · fundraising $19,188
-
14 · Information technology
total $74,316 · program services $34,797 · management and general $38,019 · fundraising $1,500
-
15 · Royalties
total $0
-
16 · Occupancy
total $32,004 · program services $21,311 · management and general $5,034 · fundraising $5,659
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $134,996 · program services $79,949 · management and general $52,781 · fundraising $2,266
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $75 · program services $50 · management and general $12 · fundraising $13
-
23 · Insurance
total $4,329 · program services $2,883 · management and general $681 · fundraising $765
-
24a · Other expenses: EDITORIAL
total $104,594 · program services $100,706 · fundraising $3,888
-
24b · Other expenses: ART AND DESIGN
total $6,540 · program services $2,970 · fundraising $3,570
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $478,916 · end of year $160,294
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $170,000 · end of year $1,083,060
-
4 · Accounts receivable
beginning of year $84,272 · end of year $7,494
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $31,092 · end of year $28,687
-
10a · Land, buildings and equipment: cost or other basis
$18,518
-
10b · Land, buildings and equipment: accumulated depreciation
$18,518
-
10c · Land, buildings and equipment, net
beginning of year $75 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $21,076 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $30,562 · end of year $44,446
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $200,000
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $21,640 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $213,655 · end of year -$233,161
-
28 · Net assets with donor restrictions
beginning of year $519,574 · end of year $1,268,250
Mission and programs · 2024
Mission
NEXT CITY, INC. IS A NON-PROFIT ORGANIZATION WITH A MISSION TO INSPIRE SOCIAL, ECONOMIC AND ENVIRONMENTAL CHANGE IN CITIES THROUGH JOURNALISM AND EVENTS AROUND THE WORLD. THE VISION OF THE ORGANIZATION IS FOR A WORLD IN WHICH CITIES ARE NOT IN CRISIS AND ARE, INSTEAD, LEADING THE WAY TOWARDS A MORE SUSTAINABLE, EQUITABLE FUTURE. THE ORGANIZATION PROVIDES DAILY ONLINE COVERAGE OF THE LEADERS, POLICIES AND INNOVATIONS DRIVING PROGRESS IN METROPOLITAN REGIONS ACROSS THE WORLD. IN AN AGE WHEN ORIGINAL, ON-THE-GROUND REPORTING IS INCREASINGLY RARE, WE SEND OUR WRITERS INTO URBAN COMMUNITIES AROUND THE WORLD TO PRODUCE OUR AWARD-WINNING LONG-FORM CONTENT. IN ADDITION TO OUR ONLINE JOURNALISM, WE PRODUCE EVENTS INCLUDING AN ANNUAL URBAN LEADERSHIP CONFERENCE, VANGUARD.
Activities or mission (Part I)
TO INSPIRE SOCIAL, ECONOMIC AND ENVIRONMENTAL CHANGE IN CITIES THROUGH JOURNALISM AND EVENTS AROUND THE WORLD.
-
NEXT CITY, INC. IS A NON-PROFIT ORGANIZATION WITH A MISSION TO INSPIRE SOCIAL, ECONOMIC AND ENVIRONMENTAL CHANGE IN CITIES THROUGH JOURNALISM AND EVENTS AROUND THE WORLD. THE VISION OF THE ORGANIZATION IS FOR A WORLD IN WHICH CITIES ARE NOT IN CRISIS AND ARE, INSTEAD, LEADING THE WAY TOWARDS A MORE SUSTAINABLE, EQUITABLE FUTURE. THE ORGANIZATION PROVIDES DAILY ONLINE COVERAGE OF THE LEADERS, POLICIES AND INNOVATIONS DRIVING PROGRESS IN METROPOLITAN REGIONS ACROSS THE WORLD. IN AN AGE WHEN ORIGINAL, ON-THE-GROUND REPORTING IS INCREASINGLY RARE, WE SEND OUR WRITERS INTO URBAN COMMUNITIES AROUND THE WORLD TO PRODUCE OUR AWARD-WINNING LONG-FORM CONTENT. IN ADDITION TO OUR ONLINE JOURNALISM, WE PRODUCE EVENTS INCLUDING AN ANNUAL URBAN LEADERSHIP CONFERENCE, VANGUARD.
Expenses $909,134 · Revenue $165,427
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
LUCAS GRINDLEY
EXECUTIVE DIRECTOR
- Total calculated
- $129,016
- From this org
- $129,016
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ERIC SHAW
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jamie Alderslade
vice chair
- Total calculated
- $0
- Hours/week
- 2
-
Mauricio Andrs Garcia
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Allison S Joe
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Syed Ali
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lilian Coral
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kate Didech
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lynnette McRae
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Casius Pealer
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Khanh Russo
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tamar Shapiro
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Courtney R Snowden
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502909349301325
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