NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CITY LORE INC, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 21% operating deficit.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,769,137 | $3,586,670 | -0.2% |
| Expenses | $3,348,649 | $3,041,816 | +0.1% |
| Net Income | $-579,512 | $544,854 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVE ZEITLIN | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$96,014 | $38,109 | $134,123 |
| HENRY CHALFANT | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE HARRIS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NATHAN PEARSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAY ALLEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAQUEL CEPEDA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARILYN WHITE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HOLLY SIDFORD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAM DEVINENI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROHIT ACHARYA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY CHIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ESTHER COHEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KAY TURNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRAN SINGH SIRAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAMAKRISHNA VENKATRAMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN BANKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BOB HOLMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHYLLIS MAY-MACHUNDA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENDALL WILLIAMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,769,137 | $3,348,649 | $3,405,216 | $-579,512 |
| 2022 | $3,586,670 | $3,041,816 | $4,002,789 | $544,854 |
| 2021 | $4,516,520 | $4,037,824 | $1,966,661 | $478,696 |
| 2020 | $3,204,664 | $3,364,122 | $1,505,538 | $-159,458 |
| 2019 | $3,069,923 | $2,767,606 | $2,099,390 | $302,317 |
| 2019 | $2,567,470 | $2,763,639 | $1,603,281 | $-196,169 |
| 2018 | $2,871,596 | $2,566,539 | $1,778,191 | $305,057 |
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