CITY REPORT INC

NEW YORK, NY, 10004-2515 (917) 671-0404 Est. 2018 EIN 37-1896785

A30— Arts, Culture & Humanities Form 990 501(c)(3)

WWW.THECITY.NYC

Mission

CITY REPORT, INC. serves the people of New York through independent journalism that answers their information needs and holds the powerful to account.

Financials

Total Revenue

$4,490,787

Total Expenses

$5,432,071

Net Assets

$2,451,996

38 employees 14 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

5.4 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 26.6%

Expenses ↓ 23.2%

Revenue Sources

Contributions 97.0% Other 3.0%

Expense Breakdown

Program 71.4% Management 19.1% Fundraising 9.6%

Officers & Key Employees (21)

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Grants Received (47)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$4,490,787 ↑	$5,432,071	$2,451,996
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$3,548,591 ↓	$7,076,355	$3,393,280
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$6,365,275 ↑	$5,881,220	$6,921,044
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$5,328,707 ↑	$4,406,398	$3,599,586
2019 Form 990 Apr 1, 2019 to Dec 31, 2019	$5,264,064	$2,586,787	$2,677,277