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Nonprofiteer
← NEW YORK CITY TOURISM AND CONVENTIONS INC

Form 990 for tax year 2023

Filed by NEW YORK CITY TOURISM AND CONVENTIONS INC.

Totals

Total revenue
$36,218,611
Total expenses
$38,484,423
Contributions and grants received
$23,490,955
Grants paid
$0
Program service revenue
$11,678,944
Investment income
$0
Other revenue
$1,048,712
Total assets, end of year
$13,875,913
Total liabilities, end of year
$5,922,961
Net assets or fund balances, end of year
$7,952,952
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1e · Government grants (contributions)

    $23,490,955

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $4,439,942 · related or exempt $4,439,942

  • 2b · Program service revenue: SPONSORSHIPS

    total $3,493,868 · related or exempt $3,493,868

  • 2c · Program service revenue: BANNER PROGRAM

    total $2,211,354 · related or exempt $2,211,354

  • 2d · Program service revenue: INTERACTIVE INCOME

    total $1,531,446 · unrelated business $1,531,446

  • 2e · Program service revenue: PUBLICATION REVENUE

    total $2,334 · related or exempt $2,334

  • 5 · Royalties

    total $1,048,712 · excluded $1,048,712

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,087,518

  • 7 · Other salaries and wages

    total $14,437,841

  • 8 · Pension plan contributions

    total $478,172

  • 9 · Other employee benefits

    total $1,995,646

  • 10 · Payroll taxes

    total $1,206,990

  • 11b · Fees: legal

    total $127,880

  • 11c · Fees: accounting

    total $148,295

  • 11d · Fees: lobbying

    total $144,000

  • 11g · Fees: other

    total $1,267,877

  • 12 · Advertising and promotion

    total $6,000,987

  • 13 · Office expenses

    total $826,496

  • 14 · Information technology

    total $451,654

  • 16 · Occupancy

    total $1,227,234

  • 17 · Travel

    total $1,063,193

  • 19 · Conferences, conventions and meetings

    total $3,044,105

  • 23 · Insurance

    total $159,501

  • 24a · Other expenses: TOURISM

    total $2,629,783

  • 24b · Other expenses: LICENSING COSTS

    total $527,115

  • 24c · Other expenses: MEMBERSHIP DUES

    total $318,619

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $272,156

  • 24e · All other expenses

    total $69,361

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,868,179 · end of year $8,125,561

  • 4 · Accounts receivable

    beginning of year $2,106,329 · end of year $868,042

  • 8 · Inventories for sale or use

    beginning of year $17,478 · end of year $7,887

  • 9 · Prepaid expenses and deferred charges

    beginning of year $375,034 · end of year $508,251

  • 10a · Land, buildings and equipment: cost or other basis

    $1,231,385

  • 10b · Land, buildings and equipment: accumulated depreciation

    $893,517

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $337,868

  • 15 · Other assets

    beginning of year $4,100,189 · end of year $4,028,304

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,167,477 · end of year $1,971,903

  • 19 · Deferred revenue

    beginning of year $4,365,332 · end of year $3,430,436

  • 25 · Other liabilities

    beginning of year $1,715,636 · end of year $520,622

  • 27 · Net assets without donor restrictions

    beginning of year $10,218,764 · end of year $7,952,952

Mission and programs · 2023

Mission

TO BUILD NEW YORK CITY'S ECONOMY AND POSITIVE IMAGE THROUGH TOURISM AND CONVENTION DEVELOPMENT, MAJOR EVENTS AND THE MARKETING OF THE CITY ON A WORLDWIDE BASIS.

  • MARKETING & INTERACTIVE - PROMOTES THE NEW YORK CITY BRAND WORLDWIDE, HIGHLIGHTING ITS SHOPPING, ENTERTAINMENT, CULTURAL AND DINING OFFERINGS. AS PART OF THIS MISSION, THE INTERACTIVE DEPARTMENT UTILIZES TECHNOLOGY AND OUR WEBSITE TO CREATE TOOLS AND MATERIALS THAT BOTH RESIDENTS AND VISITORS CAN USE TO IMPROVE THEIR NEW YORK CITY EXPERIENCE.

  • TOURISM - PROMOTES TRAVEL TO NEW YORK CITY ACROSS THE GLOBE, LEVERAGING TRADE RELATIONSHIPS, CREATING COOPERATIVE PROMOTIONS AND WORKING WITH INTERNATIONAL PR TEAMS TO DRIVE TOURISM.

  • SALES & PARTNERSHIPS - STRATEGICALLY PACKAGES THE CITY'S MARKETING ASSETS - INCLUDING ADVERTISING PROGRAMS, MEDIA RESOURCES, PUBLIC INITIATIVES AND OFFICIAL CITY EVENTS - TO THIRD PARTIES ON A FEE BASIS.

  • MEMBERSHIP DEDICATED TO MAXIMIZING OUR MEMBER BUSINESSES' VISIBILITY TO INTERNATIONAL AND DOMESTIC TRAVELERS (BOTH BUSINESS AND LEISURE), AS WELL AS TO NEW YORK CITY RESIDENTS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Fred Dixon

    PRESIDENT & CEO, THRU 6/5/24

    Total calculated
    $774,411
    From this org
    $687,658
    From related orgs
    $0
    Other
    $86,753
    Hours/week
    39 + 1 related
  • Charles Flateman

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • John Antonini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Regina Bain

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Damian Bazadona

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Adrian Benepe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jaclyn Bernstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Burke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Burke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Judith Byrd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Calvelli

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Arthur Cohen

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Vijay Dandapani

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Sean Decatur

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kerry Diamond

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Fred Dixon

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Gina Duncan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Diarmuid Dwyer

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Blanca Espinosa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Fiorentino

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joel Fisher

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Flatt

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Rick Friedberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dan Garodnick

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Jean-Yves Ghazi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leon Goldberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Goldsmith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Maneesh Goyal

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Tom Harris

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Kathy Hilt

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Caroline Hirsch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Judith Jamison

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leah Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patricia Kaufman

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Eb Kelly

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lynn Kelly

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Kimball

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Kyle Kimball

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lakshmee Lachhman-Persad

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jessica Lappin

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Huntley Lawrence

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Lisa Linden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kerry Mack

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Angie Mar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Susan Marenoff-Zausner

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Rich Maroko

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Spencer Means

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Melva Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Luis Miranda

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Brian Moreland

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tyler Morse

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Dan Nadeau

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Liz Neumark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Nicotra

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tracy Nieporent

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Kwame Onwuachi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Patricia Ornst

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Sandra Perez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Joanne Podell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marlene Poynder

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Anthony Ramirez II

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Clare Reichenbach

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Antonio Reynoso

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Rigie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Ramona Roopnarine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Amy Roth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steven Rubenstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Taryn Sacramone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Andreas Sappok

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alan Steel

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey Stewart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sally Tallant

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Maria Torres-Springer

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Kp Trueblood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sofia L Vandaele

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Jessica Baker Vodoor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • John Wang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Wanlass

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lloyd A Williams

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Melba Wilson

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Tren'Ness Woods-Black

    BOARD MEMBER/EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Shelley Worrell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kathy Wylde

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Daniel Zausner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Bennett

    BOARD MEMBER, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Anne Del Castillo

    BOARD MEMBER/EXECUTIVE COMMITTEE, THRU 8/1/23

    Total calculated
    $0
    Hours/week
    1
  • Zack Chodorow

    BOARD MEMBER, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Mary Farrell

    BOARD MEMBER, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Sylvia Hinds-Radix

    BOARD MEMBER/EXECUTIVE COMMITTEE, THRU 5/1/24

    Total calculated
    $0
    Hours/week
    1
  • Rebecca Hubbard

    BOARD MEMBER/EXECUTIVE COMMITTEE, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Dawn Hudson

    BOARD MEMBER, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Travis Noyes

    BOARD MEMBER, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Jonelle Procope

    BOARD MEMBER/EXECUTIVE COMMITTEE, THRU 2/1/24

    Total calculated
    $0
    Hours/week
    1
  • Charlotte St Martin

    BOARD MEMBER/EXECUTIVE COMMITTEE, THRU 6/1/24

    Total calculated
    $0
    Hours/week
    1
  • Richard Lovatt

    CHIEF FINANCIAL OFFICER

    Total calculated
    $466,376
    From this org
    $373,667
    From related orgs
    $0
    Other
    $92,709
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $338,667
    Bonus
    $35,000
    Other
    $0
    Deferred
    $33,100
    Nontaxable benefits
    $59,609
    Filer's total
    $466,376
  • Nancy Mammana

    CHIEF MARKETING OFFICER

    Total calculated
    $433,022
    From this org
    $376,102
    From related orgs
    $0
    Other
    $56,920
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $376,102
    Bonus
    $0
    Other
    $0
    Deferred
    $33,100
    Nontaxable benefits
    $23,820
    Filer's total
    $433,022
  • Natalie Koepff Chief

    OPERATING OFFICER & GENERAL COUNSEL

    Total calculated
    $356,141
    From this org
    $317,706
    From related orgs
    $0
    Other
    $38,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $317,706
    Bonus
    $0
    Other
    $0
    Deferred
    $33,100
    Nontaxable benefits
    $5,335
    Filer's total
    $356,141
  • Jerome Cito

    EVP, CONVENTION DEVELOPMENT

    Total calculated
    $382,635
    From this org
    $329,794
    From related orgs
    $0
    Other
    $52,841
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,794
    Bonus
    $45,000
    Other
    $0
    Deferred
    $8,100
    Nontaxable benefits
    $44,741
    Filer's total
    $382,635
  • Kelly Ann Curtin Evp

    MEMBERSHIP & DESTINATION SERVICES

    Total calculated
    $360,482
    From this org
    $293,475
    From related orgs
    $0
    Other
    $67,007
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $293,475
    Bonus
    $0
    Other
    $0
    Deferred
    $8,100
    Nontaxable benefits
    $58,907
    Filer's total
    $360,482
  • Donna Keren

    EVP, RESEARCH & INSIGHTS

    Total calculated
    $279,676
    From this org
    $247,564
    From related orgs
    $0
    Other
    $32,112
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,164
    Bonus
    $8,400
    Other
    $0
    Deferred
    $8,100
    Nontaxable benefits
    $24,012
    Filer's total
    $279,676
  • Janette Roush Evp

    MARKETING & DIGITAL, THRU 10/18/24

    Total calculated
    $313,003
    From this org
    $287,669
    From related orgs
    $0
    Other
    $25,334
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,669
    Bonus
    $0
    Other
    $0
    Deferred
    $8,100
    Nontaxable benefits
    $17,234
    Filer's total
    $313,003
  • Tiffany Townsend

    EVP, GLOBAL COMMUNICATIONS

    Total calculated
    $319,067
    From this org
    $247,171
    From related orgs
    $0
    Other
    $71,896
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,171
    Bonus
    $0
    Other
    $0
    Deferred
    $8,100
    Nontaxable benefits
    $63,796
    Filer's total
    $319,067

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Itemized on Schedule J with no Part VII listing of the same name on this return:

  • Fred Dixon

    PRESIDENT & CEO, THRU 6/5/24

    Schedule J breakdown

    Base
    $576,777
    Bonus
    $110,881
    Other
    $0
    Deferred
    $58,100
    Nontaxable benefits
    $28,653
    Filer's total
    $774,411

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION PROVIDED SOCIAL CLUB DUES TO FRED DIXON, PRESIDENT AND CEO IN THE AMOUNT OF $4,283. THE AMOUNT WAS NONTAXABLE.
PART I, LINE 4B
THE DEFERRED COMPENSATION AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN C FOR THE FOLLOWING INDIVIDUALS INCLUDES UNVESTED BENEFITS IN A NON-QUALIFIED PLAN. THE AMOUNTS OUTLINED HEREIN WERE NOT INCLUDED IN THEIR 2023 FORM W-2: FRED NIXON, $50,000; RICHARD LOVATT, $25,000; NANCY MAMMANA, $25,000 AND NATALIE KOEPFF, $25,000.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
5 May 2025
IRS schema version
2023v6.0
Source object
202501359349317435

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