NEW YORK CITY TOURISM FOUNDATION INC (EIN 134020446) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

FRED DIXON

Phone

2124841255

Tax Period

2023-01-01 to 2023-12-31

NEW YORK CITY TOURISM FOUNDATION INC, founded in 1998, is a small nonprofit in the Education sector that reported $462K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 17% operating margin.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $562,340

Program Service Revenue $0

Investment Income $0

Other Revenue $-100,570

TOTAL REVENUE $461,770

Expense Breakdown

Grants Paid $338,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $365,865

Other Expenses $43,038

TOTAL EXPENSES $381,538

Year-over-Year Comparison

	2023	2022	Change
Revenue	$461,770	$652,641	-0.3%
Expenses	$381,538	$178,463	+1.1%
Net Income	$80,232	$474,178	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,255,649

Total Directors

$789,858

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED DIXON	PRESIDENT	1.00	Officer Director	$0	$102,700	$789,858
HAROLD HOLZER	SECRETARY	1.00	Officer Director	$0	$0	$0
CHARLES FLATEMAN	DIRECTOR	1.00	Director	$0	$0	$0
EMILY RAFFERTY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD LOVATT	TREASURER	1.00	Officer	$0	$92,624	$465,791

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$461,770	$381,538	$768,901	$80,232
2022	$652,641	$178,463	$694,299	$474,178
2022	$453,435	$414,402	$356,933	$39,033
2019	$366,716	$474,828	$1,089,693	$-108,112
2018	$463,273	$412,442	$694,911	$50,831

NEW YORK CITY TOURISM FOUNDATION INC