2024-12-11T13:30:17-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-01-01 134020446 NYC & COMPANY FOUNDATION INC NYC& 2124841255 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 RICHARD LOVATT TREASURER 2124841255 2024-12-11 1 0 EVA MRUK P00543254 2122862600 2024-11-27 2022 2024-10-15 13:58:12Z X FRED DIXON 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 835558 0 X N/A X 1998 NY TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES ACROSS ALL FIVE BOROUGHS OF NEW YORK CITY, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 4 3 0 3 0 0 0 716808 0 0 0 0 0 -64167 0 652641 0 165313 0 0 0 0 0 0 0 0 13150 0 178463 0 474178 317899 694299 138814 41036 179085 653263 TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 0 0 165313 165313 0 BOROUGH GRANT PROGRAM/CONTRIBUTIONS:CONTRIBUTING MONEY TO SPECIFIC COMMUNITY PROGRAMS IN NEW YORK CITY'S FIVE BOROUGHS WHICH CAN DRIVE TOURISM. TYPICAL ANNUAL CONTRIBUTION CIRCA $320-$350K FUNDING APPROXIMATELY 60 PROGRAMS ACROSS THE FIVE BOROUGHS. 0 0 0 EDUCATION AND CHARITABLE ORGANIZATION CONTRIBUTIONS:THE FOUNDATION ADMINISTERS A GRANT PROGRAM TO ASSIST NEW YORK CITY'S NON PROFIT ARTS AND CULTURAL ORGANIZATIONS IN THE DEVELOPMENT OF CULTURAL TOURISM RELATED PROJECTS DESIGNED TO ATTRACT VISITORS. THE FOUNDATION FOCUSES ON EDUCATING DOMESTIC AND INTERNATIONAL MARKETS ABOUT THE CULTURAL OPPORTUNITIES AVAILABLE THROUGHOUT NEW YORK CITY. THE FOUNDATION ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR ORGANIZATION'S MISSION AND SCHOLARSHIPS FUNDS. 0 0 0 Z-CARDS/CULTURE SPOT:PROVISION OF FREE FOLD OUT MAPS ('Z-CARDS') TO LOCAL RESIDENTS AND TOURISTS HIGHLIGHTING THE CITY'S CULTURAL INSTITUTIONS AND OPPORTUNITIES AND HOW TO GET TO THEM. TYPICAL COST CIRCA $100K. 165313 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 NY X X RICHARD LOVATT 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 FRED DIXON PRESIDENT 1.00 39.00 X X 0 663957 44402 HAROLD HOLZER SECRETARY 1.00 0.00 X X 0 0 0 CHARLES FLATEMAN DIRECTOR 1.00 0.00 X 0 0 0 EMILY RAFFERTY DIRECTOR 1.00 0.00 X 0 0 0 RICHARD LOVATT TREASURER 1.00 39.00 X 0 335790 99458 0 999747 143860 0 0 1 0 CPS EVENTS AT THE PLAZA 770 FIFTH AVENUE 3RD FLOOR NEW YORK NY 10019 EVENT HOST SERVICES 145583 1 591973 124835 716808 118750 591973 182917 -64167 -64167 652641 0 0 -64167 165313 165313 4175 4175 8975 8975 178463 165313 13150 0 316899 301677 0 343508 1000 49114 317899 694299 38814 41036 100000 0 138814 41036 X 179085 653263 179085 653263 317899 694299 474178 0 X 1 X 0 0 0 X 510980 522520 3000 8217 716808 1761525 510980 522520 3000 8217 716808 1761525 179219 1582306 1761525 0.89830 0.81710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED ORGANIZATION 49114 49114 X 1007808 172250 182917 355167 652641 0 652641 533630 172250 182917 355167 178463 0 178463 PART X, LINE 2: U.S. GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE FOUNDATION HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2022, THE FOUNDATION HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2022, TAX YEARS FOR ALL YEARS SINCE DECEMBER 31, 2019 REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD REPORTED ON PART VIII 182,917. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD REPORTED ON PART VIII 182,917. V&V GALA 710723 591973 118750 134838 15296 32783 710723 591973 118750 134838 15296 32783 182917 -64167 1 BRONX TOURISM COUNCIL DBA BX OVERALL ECON DEV CORP BRONX COUNTY BUILDING BRONX NY 10451 133079387 501(C)(3) 27500 0 BORO TOURISM AND MARKETING INITIATIVES BROOKLYN ARTS COUNCIL 20 JAY STREET STE 616 BROOKLYN NY 11201 237072915 501(C)(3) 25000 0 BORO TOURISM AND MARKETING INITIATIVES CITY PARKS FOUNDATION 830 FIFTH AVENUE NEW YORK NY 10065 133561657 501(C)(3) 15500 0 BORO TOURISM AND MARKETING INITIATIVES LIFE OF HOPE 1377 BROOKLYN AVENUE BROOKLYN NY 11203 205252137 501(C)(3) 10000 0 BORO TOURISM AND MARKETING INITIATIVES BROOKLYN BOOK FESTIVAL INC 249 SMITH STREET BOX 106 BROOKLYN NY 11231 465328190 501(C)(3) 6000 0 BORO TOURISM AND MARKETING INITIATIVES 5 0 PART I, LINE 2: CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE- THERE ARE GUIDELINES FOR PROPOSAL SUBMISSION, WHICH INCLUDE PROJECT BUDGET FOR BOROUGH GRANTS AND ALL APPLICATIONS MUST INCLUDE THE APPLICANT ORGANIZATION'S 501(C)(3) TAX EXEMPT CERTIFICATION. PROCEDURES FOR MONITORING THE USE OF THE GRANT FUNDS- ALL GRANTEES MUST SUBMIT A POST PROGRAM REPORT DETAILING THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 FRED DIXON PRESIDENT 0 535810 0 107647 0 20500 0 8100 0 36302 0 708359 0 0 RICHARD LOVATT TREASURER 0 335790 0 0 0 0 0 6291 0 93167 0 435248 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS AN ARRANGEMENT WITH NYC & COMPANY, INC, A RELATED NON-PROFIT ORGANIZATION, WHEREBY CERTAIN ADMINISTRATIVE SERVICES ARE PROVIDED TO THE FOUNDATION BY NYC & COMPANY EMPLOYEES. THE FEE FOR THESE SERVICES WAS WAIVED IN 2022 FOR WHICH THE ESTIMATE OF SUCH SERVICES RENDERED WAS $150,000. FRED DIXON, PRESIDENT AND RICHARD LOVATT, TREASURER, WERE COMPENSATED BY NYC & COMPANY, INC. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEES WERE APPOINTED DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS OF NYC & COMPANY FOUNDATION ARE REQUIRED TO DISCLOSE IN WRITING ANY DIRECT OR INDIRECT FINANCIAL INTEREST THAT HE OR SHE HAS OR REASONABLY EXPECTS TO HAVE IN ANY PROPOSED OR EXISTING CONTRACT OR TRANSACTION WITH THE ORGANIZATION, OR IN ANY MATTER UNDER CONSIDERATION BY THE ORGANIZATION. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE GENERAL COUNSEL OF THE CORPORATION SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND IF SO, OPINE TO THE BOARD OF DIRECTORS WHETHER TO REJECT OR AUTHORIZE THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT NYC & COMPANY FOUNDATION'S BEST INTERESTS. THE BOARD OF DIRECTORS SHALL REVIEW THE MATTER AND SHALL TAKE SUCH ACTION AS IS REASONABLE AND NECESSARY UNDER THE POLICY AND RELEVANT LAW. ANY WRITTEN DISCLOSURE AND THE RESOLUTION IS TO BE DOCUMENTED IN ORGANIZATION RECORDS, INCLUDING MINUTES OF ANY MEETING WHERE THE CONFLICT IS DISCUSSED OR VOTED ON. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. INDIVIDUALS ARE REQUIRED TO FILL OUT, SIGN AND DATE AN "ANNUAL CONFLICTS QUESTIONNAIRE." 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. THE FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG FORM 990, AMENDED RETURN: AN AMENDED RETURN IS BEING FILED IN ORDER TO CONFORM TO THE ORGANIZATION'S DECEMBER 31, 2022, FINANCIAL STATEMENTS. A LISTING OF ALL THE CHANGES TO THE FORM 990 IS AS FOLLOWS: 1. PAGE 1, BOX G: GROSS RECEIPTS WAS RESTATED TO REFLECT THE UPDATED REVENUE REPORTED IN PART VIII. 2. PART I, LINES 20 AND 21: THESE AMOUNTS WERE UPDATED TO REFLECT THE CHANGES REPORTED IN THEIR RESPECTIVE PARTS OF THE RETURN DUE TO THE ISSUANCE OF THE FINANCIAL STATEMENTS. 3. PART III, LINE 4A: THE TOTAL PROGRAM EXPENSES FOR THE ORGANIZATION'S PROGRAM WAS UPDATED TO AGREE TO THE ADJUSTMENTS MADE IN PART VIII AND PART IX. 4. PART VIII, LINES 1C, 1F, 8A, 8B, AND 8C: THESE AMOUNTS WERE UPDATED TO AGREE TO THE ISSUED FINANCIAL STATEMENTS. 5. PART IX: LINES 11C, 13, AND 24A: THE AMOUNTS WERE UPDATED TO REFLECT THE FUNCTIONAL ALLOCATION PER THE ISSUED FINANCIAL STATEMENTS. 6. SCHEDULE A, PART II, LINE 1E: THIS AMOUNT WAS UPDATED TO AGREE TO THE ISSUED FINANCIAL STATEMENTS. 7. SCHEDULE B, ADDED TO REPORT CONTRIBUTIONS. 8. SCHEDULE G, LINES 1, 2, AND 9: THESE AMOUNTS WERE UPDATED TO AGREE TO THE ISSUED FINANCIAL STATEMENTS. 9. SCHEDULE O: NARRATIVES WERE UPDATED WITH REGARDS TO THE CHANGES MENTIONED ABOVE. NYC & COMPANY INC 810 SEVENTH AVENUE - THIRD FLOOR NEW YORK NY 10019 135531178 PROMOTION NY 501(C)(6) N/A N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0