Overview
What is City Lore Inc?
City Lore Inc, a nonprofit based in New York City, is dedicated to preserving and promoting the city's diverse cultural heritage. They achieve this mission through education and public programs, focusing on four main areas: urban folklore and history, preservation, arts education, and grassroots poetry traditions. City Lore's initiatives include long-term arts residencies in schools, professional development for teachers, and urban explorers programs for underserved students. Their gallery showcases exhibitions that highlight the city's history and activism, such as the CETA program and the Lower East Side art movement. With a team of 48 employees, City Lore strives to foster equity and model a better world by documenting, presenting, and advocating for New York City's grassroots cultures.
Official website here: www.citylore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
City Lore Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an impressive 94% score in this area, indicating a high level of transparency and effective financial management. Notably, all board members are independent, and the organization maintains robust policies regarding conflict of interest and whistleblower protection.
The fiscal management is also notable, with a 88.42% program expense ratio, demonstrating that a significant portion of its funds is directed towards programs rather than administrative costs. The fundraising efficiency is exceptional, with a cost of just $0.022 to raise a dollar. These factors contribute to the organization’s overall financial health and reliability.
However, while City Lore Inc has a strong accountability framework, it faces challenges related to its liabilities to assets ratio, which stands at 41.73%. This indicates that a portion of its assets is tied up in liabilities, which may pose future financial challenges. Nonetheless, the overall evaluation suggests that the organization is well-managed and committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is City Lore Inc legitimate?
City Lore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. City Lore Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $132,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $836,156
For more financial information, click here
Official website here: www.citylore.org
What is the mission statement of City Lore Inc?
City Lore Inc's mission is to preserve and promote the living cultural heritage of both New York City and America. They accomplish this through education and public programs, focusing on four key domains: urban folklore and history, preservation, arts education, and grassroots poetry traditions. By documenting, presenting, and advocating for grassroots cultures, City Lore aims to ensure their legacy in stories, histories, places, and traditions. Their projects are diverse and dynamic, reflecting the vibrant culture of New York City, and they strive to foster cultural equity and model a better world.
Official website here: www.citylore.org
Who is the CEO of City Lore Inc?
Steve Zeitlin is the Executive Director of City Lore Inc.
Official website here: www.citylore.org
What is the revenue of City Lore Inc?
City Lore Inc's revenue in 2022 was $3,586,670.
Official website here: www.citylore.org
Who are the executives of City Lore Inc and what are their salaries?
The average compensation at City Lore Inc during 2022 was $20,179. There are 48 employees and 18 volunteers at City Lore Inc.
Here are 19 key members and their salaries:
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Official website here: www.citylore.org
Where can I find the form 990 for City Lore Inc?
City Lore Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.citylore.org
Learn more at the official website: www.citylore.org
Mission Statement of City Lore Inc
City Lore Inc, a nonprofit organization, is dedicated to preserving and promoting New York City's grassroots cultures. Their mission is to ensure the living legacy of these cultures through education and public programs. They achieve this by documenting, presenting, and advocating for urban folklore and history, preservation, arts education, and grassroots poetry traditions. In each of these domains, City Lore Inc strives to further cultural equity and model a better world. The projects they undertake are as diverse and dynamic as the city itself, reflecting the rich cultural heritage that City Lore Inc aims to protect and celebrate.
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Impact
July, 2024
City Lore Inc's impact can be seen in the preservation and advocacy of New York City's grassroots cultures to ensure their living legacy in stories, histories, places, and traditions. Through their educational programs and public initiatives, City Lore works to document and present urban folklore and history, engage in preservation efforts, provide arts education, and uphold grassroots poetry traditions. By reaching over 8,000 public school students with long-term arts residencies and offering programs like "From Homer to Hip Hop" and "Urban Explorers," City Lore is actively fostering cultural equity and modeling a better world. Their work, exhibited in projects like "Art/Work" and "Rise Up: The Art of Activism on the Lower East Side," reflects the dynamic and diverse cultural fabric of New York City itself.
This information is meant to be a general summary of City Lore Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,193
- Program Service Revenue: $445,635
- Gross Receipts: $3,729,784
Assets and Liabilities:
- Total Assets: $4,002,789
- Total Liabilities: $1,670,512
- Net Assets: $2,332,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED SERVICES
Revenue
$442,233
RENTAL INCOME
Revenue
$2,700
ADMISSIONS
Revenue
$702
Organization Details
Founding Year
1985
Phone
(212) 529-1955Principal Officer
Steve Zeitlin
Main Address
56 EAST 1ST STREET, NEW YORK, NY, 100039345
Website
www.citylore.orgNTEE Category
Code: A200 - Arts
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