Civic Intelligence

City Lore Inc.

990 • Fiscal year 2018 • EIN 11-2740189

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 11, 2019

56 East 1st StreetNew York, NY 10003-9345

(212) 529-1955

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.04x

Higher debt load relative to assets than 46% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$124,737

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2018 filings • NTEE A • $1M-$5M nonprofits • Source year 2018

Asset Growth

63rd percentile

5.1%

Faster asset growth than 63% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-5.3%

Faster revenue growth than 32% of similar nonprofits.

2018 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,778,191

Up $87,001 (+5.1%) from 2017

Net Assets

Up

$1,700,384

Up $144,898 (+9.3%) from 2017

Liabilities

Down

$77,807

Down $57,897 (-43%) from 2017

Revenue

Down

$2,871,596

Down $159,581 (-5.3%) from 2017

Expenses

Down

$2,566,539

Down $15,775 (-0.6%) from 2017

Net Income

Down

$305,057

Down $143,806 (-32%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $896,670Liabilities 2010: $54,931Net Assets 2010: $841,7392010Assets 2011: $811,129Liabilities 2011: $48,844Net Assets 2011: $762,2852011Assets 2012: $1,469,294Liabilities 2012: $82,343Net Assets 2012: $1,386,9512012Assets 2013: $1,136,900Liabilities 2013: $57,514Net Assets 2013: $1,079,3862013Assets 2014: $1,277,224Liabilities 2014: $61,008Net Assets 2014: $1,216,2162014Assets 2015: $1,040,983Liabilities 2015: $176,161Net Assets 2015: $864,8222015Assets 2016: $1,386,382Liabilities 2016: $275,139Net Assets 2016: $1,111,2432016Assets 2017: $1,691,190Liabilities 2017: $135,704Net Assets 2017: $1,555,4862017Assets 2018: $1,778,191Liabilities 2018: $77,807Net Assets 2018: $1,700,3842018Assets 2019: $2,099,390Liabilities 2019: $83,351Net Assets 2019: $2,016,0392019Assets 2020: $1,505,538Liabilities 2020: $139,749Net Assets 2020: $1,365,7892020Assets 2021: $1,966,661Liabilities 2021: $114,680Net Assets 2021: $1,851,9812021Assets 2022: $4,002,789Liabilities 2022: $1,670,512Net Assets 2022: $2,332,2772022Assets 2023: $3,405,216Liabilities 2023: $1,650,488Net Assets 2023: $1,754,7282023Assets 2024: $3,093,831Liabilities 2024: $1,381,049Net Assets 2024: $1,712,7822024

Highlighted filing

2018

Assets$1,778,191
Liabilities$77,807
Net Assets$1,700,384

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $1,497,785Expenses 2010: $1,788,182Net Income 2010: -$290,3972010Revenue 2011: $1,427,278Expenses 2011: $1,506,732Net Income 2011: -$79,4542011Revenue 2012: $3,086,250Expenses 2012: $2,461,584Net Income 2012: $624,6662012Revenue 2013: $2,416,931Expenses 2013: $2,724,496Net Income 2013: -$307,5652013Revenue 2014: $2,204,698Expenses 2014: $2,059,622Net Income 2014: $145,0762014Revenue 2015: $2,176,292Expenses 2015: $2,523,005Net Income 2015: -$346,7132015Revenue 2016: $3,076,558Expenses 2016: $2,834,008Net Income 2016: $242,5502016Revenue 2017: $3,031,177Expenses 2017: $2,582,314Net Income 2017: $448,8632017Revenue 2018: $2,871,596Expenses 2018: $2,566,539Net Income 2018: $305,0572018Revenue 2019: $3,069,923Expenses 2019: $2,767,606Net Income 2019: $302,3172019Revenue 2020: $3,204,664Expenses 2020: $3,364,122Net Income 2020: -$159,4582020Revenue 2021: $4,516,520Expenses 2021: $4,037,824Net Income 2021: $478,6962021Revenue 2022: $3,586,670Expenses 2022: $3,041,816Net Income 2022: $544,8542022Revenue 2023: $2,769,137Expenses 2023: $3,348,649Net Income 2023: -$579,5122023Revenue 2024: $3,791,697Expenses 2024: $3,831,849Net Income 2024: -$40,1522024

Highlighted filing

2018

Revenue$2,871,596
Expenses$2,566,539
Net Income$305,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 11, 2019
Return Version
2018v3.1
Gross Receipts
$2,872,375
Mission and Program Overview

Mission

City lore's mission is to foster new york city - and america's - living cultural heritage through education and public programs. We document, present and advocate for new york city's grassroots cultures to ensure their living legacy in stories and histories, places and traditions. We work in four cultural domains: urban folklore and history; preservation; arts education; and grassroots poetry traditions. In each of these realms, we see ourselves as furthering cultural equity and modeling a better world with projects as dynamic and diverse as new york city itself.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$709,750$1,059,145▲ $349,395
Accounts Receivable$168,696$239,216▲ $70,520
Savings and Temporary Cash Investments$286,666$151,121▼ $135,545
Investments in Publicly Traded Securities$124,478$125,401▲ $923
Cash and Non-Interest-Bearing Accounts$196,330$104,089▼ $92,241
Land, Buildings, and Equipment, Net$33,408$78,680▲ $45,272
Prepaid Expenses and Deferred Charges$7,886$6,200▼ $1,686
Inventories for Sale or Use$6,621$4,964▼ $1,657
Intangible Assets$2,750$2,200▼ $550
Total Assets$1,543,760$1,778,191▲ $234,431
Other Assets Total$7,175$7,175→ $0
Liabilities
Accounts Payable and Accrued Expenses$105,704$70,307▼ $35,397
Deferred Revenue$30,000$7,500▼ $22,500
Total Liabilities$135,704$77,807▼ $57,897
Net Assets / Fund Balance
Temporarily Rstr Net Assets$931,830$1,178,181▲ $246,351
Unrestricted Net Assets$274,486$320,463▲ $45,977
Permanently Rstr Net Assets$201,740$201,740→ $0
Total Net Assets Fund Balance$1,408,056$1,700,384▲ $292,328
Total Liabilities and Net Assets / Fund Balance$1,543,760$1,778,191▲ $234,431

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$46,250$3,750$50,000
Equipment$16,633$31,270$47,903
Leasehold Improvements$15,797$21,855$37,652

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$108,211-▼ $2,486$-5,188$100,537
2017$102,990-▼ $10,272$-5,051$108,211
2016$100,000-▲ $7,991$-5,001$102,990
2015$100,000-▲ $13$-13$100,000
2014$100,000-▲ $8$-8$100,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve ZeitlinExecutive DirectorFT$100,828$23,909$124,737

Board Members and Trustees

NameTitle
Henry ChalfantPresident
Caroline HarrisVice President
Amy ChinBoard Member
Ann BanksBoard Member
Bob HolmanBoard Member
Caitlin Van DusenBoard Member
Esther CohenBoard Member
Holly SidfordBoard Member
Kay TurnerBoard Member
Kiran Singh SirahBoard Member
Marilyn WhiteBoard Member
Ram DevineniBoard Member
Ramakrishna VenkatramanBoard Member
Raquel CepedaBoard Member
Ray AllenBoard Member
Rohit AcharyaBoard Member
Terry DelisBoard Member
Nathan PearsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Goodhue Pictures INCFilm ProductionC/O INSIGNIA FILMS - 241 CENTRE ST, New York, NY 10013$380,000
Steeplechase Films INCFilm Production2095 BROADWAY SUITE 503, New York, NY 10023$278,400
Revenue and Support

Revenue Composition

Contributions and Grants
$2,511,648
Program Service Revenue
$350,740
Investment Income
$8,754
Other Revenue
$454
All Other Contributions
$2,036,956
Change in Net Assets
$305,057

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,871,596
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-12,729
Total Revenue per Audited Statements
$2,858,867
Total Revenue per Form 990
$2,871,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,817,617
Salaries, Compensation, and Employee Benefits$691,577
Total Fundraising Expense$79,903
Grants and Similar Amounts Paid$57,345
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$369,691$43,658$49,717$463,066
Fees for Services Other$137,971$80,861-$218,832
Current Officers, Directors, Trustees, and Key Employees$99,585$11,760$13,392$124,737
Occupancy$90,430$16,955$5,652$113,037
Office Expenses$32,362$34,422-$66,784
Grants to Domestic Individuals$57,345--$57,345
Payroll Taxes$41,627$4,916$5,598$52,141
Other Employee Benefits$31,464$3,716$4,232$39,412
Fees for Services Accounting-$24,940-$24,940
Travel$18,111$4,824-$22,935
Conferences and Meetings$15,288$1,283-$16,571
Depreciation Depletion-$15,099-$15,099
Pension Plan Contributions$9,757$1,152$1,312$12,221
Insurance$1,808$8,380-$10,188
Other Expenses$2,177$4,519-$6,696
All Other Expenses-$1,294-$1,294
Fees for Services Legal$75$1,050-$1,125
Advertising$188$465-$653
Total Functional Expenses$2,218,528$268,108$79,903$2,566,539

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,566,539
Total Expenses per Audited Statements$2,566,539
Total Expenses per Form 990$2,566,539
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Amanda DarganFamily RelationshipWife of Officer Received Compensation From Organization as an Education Director.No$92,492
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A final copy of form 990 is distributed to the board for review and approval.

Form 990, Part VI, Section B, Line 15A

Salaries are determined by the board of directors, and are evaluated annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
City Lore Inc
EIN
11-2740189
Phone
2125291955
Address
56 EAST 1ST STREET, NEW YORK, NY 10003-9345

Signing Officer

Name
Steve Zeitlin
Title
Executive Director
Phone
2125291955
Signed
2019-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Zeitlin
Formed
1985
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
18
Employees
32
Volunteers
30

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Martin Berkowitz
Phone
2126972299
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Endowment funds are to be used for a story center in folk life and local history.

Raw XML AppendixShowing 400 of 596 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0CITY LORE'S MISSION IS TO FOSTER NEW YORK CITY - AND AMERICA'S - LIVING CULTURAL HERITAGE THROUGH EDUCATION AND PUBLIC PROGRAMS. WE DOCUMENT, PRESENT AND ADVOCATE FOR NEW YORK CITY'S GRASSROOTS CULTURES TO ENSURE THEIR LIVING LEGACY IN STORIES AND HISTORIES, PLACES AND TRADITIONS. WE WORK IN FOUR CULTURAL DOMAINS: URBAN FOLKLORE AND HISTORY; PRESERVATION; ARTS EDUCATION; AND GRASSROOTS POETRY TRADITIONS. IN EACH OF THESE REALMS, WE SEE OURSELVES AS FURTHERING CULTURAL EQUITY AND MODELING A BETTER WORLD WITH PROJECTS AS DYNAMIC AND DIVERSE AS NEW YORK CITY ITSELF.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
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IRS990/Form990TFiledInd01
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GrantAmt057345
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt057345
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
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IRS990/InsuranceGrp/ProgramServicesAmt01808
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/ProgramServicesAmt211407
IRS990/OtherExpensesGrp/ProgramServicesAmt32177
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17475
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25644
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05560
IRS990/PYOtherExpensesAmt02011211
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IRS990/PYProgramServiceRevenueAmt0317650
IRS990/PYRevenuesLessExpensesAmt0448863
IRS990/PYSalariesCompEmpBnftPaidAmt0571103
IRS990/PYTotalExpensesAmt02582314
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0351194

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$1.38$1.71$3.79$3.83$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.41$1.65$1.75$2.77$3.35$0.58
2022Detailed filing. Detailed filing data is available for this year.$4.00$1.67$2.33$3.59$3.04$0.54
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.11$1.85$4.52$4.04$0.48
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.14$1.37$3.20$3.36$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.10$0.08$2.02$3.07$2.77$0.30
2018Detailed filing. Detailed filing data is available for this year.$1.78$0.08$1.70$2.87$2.57$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.14$1.56$3.03$2.58$0.45
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.28$1.11$3.08$2.83$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.18$0.86$2.18$2.52$0.35
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.22$2.20$2.06$0.15
2013Detailed filing. Detailed filing data is available for this year.$1.14$0.06$1.08$2.42$2.72$0.31
2012Summary only. Only limited summary data is available for this year.$1.47$0.08$1.39$3.09$2.46$0.62
2011Summary only. Only limited summary data is available for this year.$0.81$0.05$0.76$1.43$1.51$0.08
2010Summary only. Only limited summary data is available for this year.$0.90$0.05$0.84$1.50$1.79$0.29
Peer Organizations

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