City Report Inc

Organization Overview

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.

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.


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Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 13 grants that City Report Inc has recieved totaling $2,445,915.

Awarding OrganizationAmount
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
View Grant Recipient Profile

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