Form 990 for tax year 2024
Filed by CITY REPORT INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2024 , filed 3 March 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Contributions and grants received
- $4,357,938 changed to $4,361,640
- Other revenue
- $132,849 changed to $129,147
- Management and general expenses
- $1,036,169 changed to $999,069
- Fundraising expenses
- $519,443 changed to $556,543
Totals
- Total revenue
- $4,490,787
- Total expenses
- $5,432,071
- Contributions and grants received
- $4,357,938
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $132,849
- Total assets, end of year
- $3,574,659
- Total liabilities, end of year
- $1,122,663
- Net assets or fund balances, end of year
- $2,451,996
- Program services expenses (Part IX)
- $3,876,459
- Management and general expenses
- $1,036,169
- Fundraising expenses
- $519,443
- Program service expenses (Part III)
- $3,876,459
Program services were 71.4% 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.
-
1b · Membership dues
$584,956
-
1e · Government grants (contributions)
$622,985
-
1f · All other contributions, gifts and grants
$3,149,997
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11a · Other revenue: Other Income
total $67,875 · excluded $67,875
-
11b · Other revenue: Advertising fee revenue
total $64,974 · unrelated business $64,974
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$132,849
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $583,206 · program services $367,784 · management and general $107,711 · fundraising $107,711
-
7 · Other salaries and wages
total $2,543,994 · program services $2,178,743 · management and general $208,582 · fundraising $156,669
-
8 · Pension plan contributions
total $23,204 · program services $19,208 · management and general $2,824 · fundraising $1,172
-
9 · Other employee benefits
total $486,506 · program services $406,739 · management and general $56,859 · fundraising $22,908
-
10 · Payroll taxes
total $255,217 · program services $202,583 · management and general $33,773 · fundraising $18,861
-
11b · Fees: legal
total $9,994 · management and general $9,994
-
11c · Fees: accounting
total $228,395 · management and general $228,395
-
11e · Fees: professional fundraising services
total $137,500 · fundraising $137,500
-
11g · Fees: other
total $535,939 · program services $288,989 · management and general $208,038 · fundraising $38,912
-
12 · Advertising and promotion
total $5,684 · program services $1,465 · management and general $238 · fundraising $3,981
-
13 · Office expenses
total $95,733 · program services $29,638 · management and general $59,409 · fundraising $6,686
-
14 · Information technology
total $183,309 · program services $171,539 · management and general $4,455 · fundraising $7,315
-
16 · Occupancy
total $285,286 · program services $183,936 · management and general $85,814 · fundraising $15,536
-
17 · Travel
total $22,286 · program services $16,669 · management and general $5,205 · fundraising $412
-
19 · Conferences, conventions and meetings
total $5,073 · program services $2,982 · management and general $852 · fundraising $1,239
-
23 · Insurance
total $30,745 · program services $6,184 · management and general $24,020 · fundraising $541
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,274,375 · end of year $972,450
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $2,238,000 · end of year $2,117,380
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
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 $37,968 · end of year $10,081
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · 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
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $225,989 · end of year $474,748
-
17 · Accounts payable and accrued expenses
beginning of year $109,191 · end of year $179,784
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $4,705 · 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 $100,000 · end of year $500,000
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $169,156 · end of year $442,879
-
27 · Net assets without donor restrictions
beginning of year $1,060,280 · end of year $1,074,496
-
28 · Net assets with donor restrictions
beginning of year $2,333,000 · end of year $1,377,500
Mission and programs · 2024
Mission
CITY REPORT, INC. serves the people of New York through independent journalism that answers their information needs and holds the powerful to account.
-
THE CITY IS AN INDEPENDENT, NONPROFIT, NEWSROOM BUILT ON THE CONVICTION THAT GREAT LOCAL NEWS IS INDISPENSABLE IN A GREAT CITY. WE PUBLISH INVESTIGATIVE JOURNALISM THAT HOLDS THE POWERFUL TO ACCOUNT, EXPLANATORY REPORTING THAT MAKES IT EASIER TO NAVIGATE COMPLEX PROCESSES, AND CONSISTENT, GROUND-UP COVERAGE OF THE MOST IMPORTANT ISSUES AFFECTING EVERYONE WHO LIVES HERE. CONTINUED ON SCHEDULE O.
Expenses $3,876,459
As filed on the 2024 return.
Listed in Part VII
-
Elizabeth McNamara
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Fannie Chen
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Jamie Alter Lynton
Co-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Mark Colodny
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Bartlett
Co-Chair
- Total calculated
- $0
- Hours/week
- 1
-
Don Baer
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Gary Ginsberg
Board Member (Thru December 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Luis Miranda Jr
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Mark Winston Griffith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Marsha Cooke
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Perri Peltz
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Richard Murray
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rob Speyer
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Susan Kane
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas Dawes
Executive Director
- Total calculated
- $323,134
- From this org
- $260,279
- From related orgs
- $0
- Other
- $62,855
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $260,279
- Bonus
- $0
- Other
- $0
- Deferred
- $2,750
- Nontaxable benefits
- $60,105
- Filer's total
- $323,134
-
Richard Kim
Editor-in-Chief
- Total calculated
- $260,072
- From this org
- $223,290
- From related orgs
- $0
- Other
- $36,782
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,290
- Bonus
- $0
- Other
- $0
- Deferred
- $2,314
- Nontaxable benefits
- $34,468
- Filer's total
- $260,072
-
Alyssa Katz
Executive Editor
- Total calculated
- $214,542
- From this org
- $153,845
- From related orgs
- $0
- Other
- $60,697
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $153,845
- Bonus
- $0
- Other
- $0
- Deferred
- $1,609
- Nontaxable benefits
- $59,088
- Filer's total
- $214,542
-
Greg Smith
Senior Reporter
- Total calculated
- $119,827
- From this org
- $118,222
- From related orgs
- $0
- Other
- $1,605
- Hours/week
- 32
-
Harry Siegel
Senior Editor
- Total calculated
- $173,221
- From this org
- $111,893
- From related orgs
- $0
- Other
- $61,328
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $111,893
- Bonus
- $0
- Other
- $0
- Deferred
- $1,223
- Nontaxable benefits
- $60,105
- Filer's total
- $173,221
-
Lyle Hasani Gittens
Deputy Editor
- Total calculated
- $156,748
- From this org
- $145,440
- From related orgs
- $0
- Other
- $11,308
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $145,440
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,308
- Filer's total
- $156,748
-
Martin Gottlieb
Senior Editor
- Total calculated
- $120,108
- From this org
- $117,929
- From related orgs
- $0
- Other
- $2,179
- Hours/week
- 32
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
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.1
- Source object
- 202503189349309140
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