NEW YORK ROAD RUNNERS INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NEW YORK ROAD RUNNERS INC (EIN 13-2949483)
- Tax period
- 2019-04-01 to 2020-03-31
- Filed
- 2021-02-10
- IRS object ID
- 202120419349300422
- Schema version
- 2019v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-10T10:58:20-06:00 | ReturnTs |
| Tax Period End | 2020-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132949483 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW YORK ROAD RUNNERS INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O FINANCE DEPARTMENT | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 6467589656 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 156 WEST 56TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100193800 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEANMARIE COONEY | PersonNm |
| Person Title | SENIOR VP OF FINANCE | PersonTitleTxt |
| Phone | 6467589656 | PhoneNum |
| Signature | 2021-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2021-02-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEANMARIE COONEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 156 WEST 56TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100193800 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $142,322,842 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NYRR.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | NEW YORK ROAD RUNNERS (NYRR) IS A NOT-FOR PROFIT ORGANIZATION ENGAGED IN ACTIVITIES THAT PROMOTE THE HEALTH, FITNESS AND WELL-BEING OF ADULTS AND CHILDREN OF ALL ABILITIES THROUGH YEAR-ROUND PHYSICAL ACTIVITY IN THE FORM OF RUNNING EVENTS, TRAINING AND FREE YOUTH AND COMMUNITY PROGRAMS, SERVING NEARLY 660,000 IN NEW YORK CITY, THE US AND AROUND THE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 1030 | TotalEmployeeCnt |
| Total Volunteers | 26568 | TotalVolunteersCnt |
| Total Gross UBI | $269,937 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $45,648,672 | PYContributionsGrantsAmt |
| CY Contributions Grants | $48,864,383 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,035,918 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,753,689 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,460,700 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,904,378 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,971,390 | PYOtherRevenueAmt |
| CY Other Revenue | $6,328,121 | CYOtherRevenueAmt |
| PY Total Revenue | $113,116,680 | PYTotalRevenueAmt |
| CY Total Revenue | $104,850,571 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,657,356 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,016,694 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $29,775,443 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $30,467,089 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $876,090 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $68,533,435 | PYOtherExpensesAmt |
| CY Other Expenses | $69,567,350 | CYOtherExpensesAmt |
| PY Total Expenses | $99,966,234 | PYTotalExpensesAmt |
| CY Total Expenses | $103,051,133 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,150,446 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,799,438 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,968,923 | TotalAssetsBOYAmt |
| Total Assets EOY | $107,156,497 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $55,214,484 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $62,175,136 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $49,754,439 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,981,361 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BY FOSTERING A LIFE-LONG COMMITMENT TO RUNNING & FITNESS, NEW YORK ROAD RUNNERS (NYRR) WORKS TO ENHANCE THE LIVES OF PEOPLE OF ALL AGES AND ABILITIES THROUGH POSITIVE PHYSICAL ACTIVITY AND COMMUNITY ENGAGEMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $46,643,811 | ExpenseAmt |
| Grant | $115,000 | GrantAmt |
| Revenue | $32,746,603 | RevenueAmt |
| Desc | MARATHON:IN FISCAL YEAR 2020, NEW YORK ROAD RUNNERS (NYRR) HELD THE 49TH RUNNING OF THE NEW YORK CITY MARATHON, WHICH WAS AGAIN THE LARGEST MARATHON IN THE WORLD. APPROXIMATELY 144,000 PEOPLE FROM OVER 150 COUNTRIES APPLIED TO PARTICIPATE WITH AROUND 53,000 PEOPLE FINISHING THE RACE. THE MARATHON WAS HELD ON NOVEMBER 3, 2019. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $30,600,928 | ExpenseAmt |
| Grant | $271,572 | GrantAmt |
| Revenue | $12,822,884 | RevenueAmt |
| Desc | OTHER COMMUNITY EVENTS AND PROGRAMS: IN FISCAL YEAR 2020, 247,000 ADULTS AND YOUNG ADULTS UNDER 18 PARTICIPATED IN APPROXIMATELY 50 IN-PERSON NEW YORK ROAD RUNNERS (NYRR) EVENTS, INCLUDING A WIDE VARIETY OF RACES OF VARYING DISTANCES FOR ADULT AND YOUNG ADULT RUNNERS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY. EVENTS INCLUDED FOUR OF THE FIVE BOROUGH SERIES (BRONX 10-MILE, STATEN ISLAND HALF, QUEENS 10K AND BROOKLYN HALF EXCLUDING NEW YORK CITY HALF WHICH WAS CANCELLED DUE TO THE PANDEMIC), AS WELL AS WEEKLY AND NYRR HERITAGE RACES. AN ADDITIONAL 83,000 ADULTS AND YOUNG ADULTS PARTICIPATED IN VIRTUAL RACES ONLINE FROM ALL AROUND THE WORLD. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,470,367 | ExpenseAmt |
| Grant | $2,609,121 | GrantAmt |
| Revenue | $379,150 | RevenueAmt |
| Desc | YOUTH AND COMMUNITY PROGRAM SERVICES:THE NYRR YOUTH AND COMMUNITY SERVICES PROVIDED FREE RUNNING PROGRAMS AND INITIATIVES TO 249,000 STUDENTS FOSTERING PHYSICAL FITNESS, CHARACTER DEVELOPMENT, AND PERSONAL ACHIEVEMENT. FEATURING THE RISING NEW YORK ROAD RUNNERS AND RUN FOR THE FUTURE, NYRR'S YOUTH RUNNING EFFORTS SERVED CHILDREN IN HUNDREDS OF UNDERSERVED SCHOOLS AND COMMUNITY CENTERS THROUGHOUT NEW YORK CITY AND THE NATION. NYRR COMMUNITY SERVICES ALSO PROVIDED CRITICAL HEALTH AND WELLNESS PROGRAMS TO SENIORS, ADULTS AND CHILDREN IN ALL FIVE BOROUGHS OF NEW YORK CITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,000,993 | ExpenseAmt |
| Grant | $21,000 | GrantAmt |
| Revenue | $805,052 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICES INCLUDE PUBLICATIONS, CLASSES AND MERCHANDISING. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,000,993 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $21,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $805,052 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $91,716,099 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 268 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1030 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEANMARIE COONEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6467589739 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 156 WEST 56TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100193800 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL CAPIRASO | |||||||||
| PRESIDENT/CEO/BOARD MEMBER | 40.00 | Yes (X) | Yes (X) | $569,566 | $0 | $39,200 | |||
| JAMES HEIM | |||||||||
| SVP/TECH. DIRECTOR EV DEV & OPS | 40.00 | $320,041 | $0 | $49,369 | Yes (X) | ||||
| LINDA FRANKEN | |||||||||
| SVP OF FINANCE/ASST. TR. (THRU 1/20) | 40.00 | Yes (X) | $306,894 | $0 | $44,122 | ||||
| JAMES GROOMS | |||||||||
| SVP OF LEGAL/ASST. SECRETARY | 40.00 | Yes (X) | $316,830 | $0 | $32,630 | ||||
| RACHEL PRATT | |||||||||
| SVP OF YOUTH & COMM. SVCS | 40.00 | $257,406 | $0 | $46,210 | Yes (X) | ||||
| CHRISTOPHER WEILLER | |||||||||
| VP MEDIA, PR & PRO ATHLETICS | 40.00 | $247,667 | $0 | $42,601 | Yes (X) | ||||
| JEFFERY CARNEVALE | |||||||||
| VP INFORMATION TECHNOLOGY | 40.00 | $237,670 | $0 | $35,793 | Yes (X) | ||||
| CHRISTINE BURKE | |||||||||
| VP MARKETING & DIGITAL | 40.00 | $241,447 | $0 | $31,295 | Yes (X) | ||||
| MICHAEL RODGERS | |||||||||
| VP BUS DEV/STRATEGIC PARTNERSHIPS | 40.00 | $223,718 | $0 | $25,266 | Yes (X) | ||||
| PETER CIACCIA | |||||||||
| FORMER PRESIDENT OF EVENT & RD | 0.00 | $64,531 | $0 | $17,299 | Yes (X) | ||||
| JEANMARIE COONEY | |||||||||
| SVP OF FINANCE/ASST. TR. AS OF 3/20 | 40.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE HIRSCH | |||||||||
| CHAIRMAN/BOARD MEMBER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL FRANKFURT | |||||||||
| SECRETARY/BOARD MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANNE BEANE RUDMAN | |||||||||
| ASSISTANT SECRETARY/BOARD MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| THOMAS LABRECQUE JR | |||||||||
| TREASURER/BOARD MEMBER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| PRISCILLA ALMODOVAR | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DEAN BELL | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK BILSKY | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD BYRNE | |||||||||
| BOARD MEMBER (THRU 7/2019) | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STACY CREAMER | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| RAUL DAMAS | |||||||||
| BOARD MEMBER (THRU 7/2019) | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER FOSTER | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JASON GOREVIC | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL GROSS | |||||||||
| BOARD MEMBER (THRU 7/2019) | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JED LASKOWITZ | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CATHY LASRY | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK LEVENFUS | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| NNENNA LYNCH | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| NNAMDI OKIKE | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEVE PAMON | |||||||||
| BOARD MEMBER (THRU 7/2019) | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN ROBERTS | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMBER SABATHIA | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIELLE SERED | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| EU-GENE SUNG | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| CIDRA SEBASTIEN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JUDY TURCHIN | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JURA URO | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALICE VILMA | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID WEIL | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JULIE WOOD | |||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,785,770 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $363,785 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 59 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JRM CONSTRUCTION MANAGEMENT | |||||
| 242 WEST 36TH STREET | NEW YORK | NY | 10018 | OFFICE SPACE BUILD OUT | $5,692,918 |
| CITY OF NEW YORK DEPARTMENT OF FINANCE | |||||
| 253 BROADWAY 6TH FLOOR | NEW YORK | NY | 10007 | NYPD TRAFFIC FEES | $3,183,302 |
| TRANS WORLD INTERNATIONAL INC | |||||
| PO BOX 17470 | PALATINE | IL | 600557470 | PRODUCTION OF NYC MARATHON BROADCAST | $2,674,740 |
| STRAN & COMPANY INC | |||||
| 2 HERITAGE DRIVE 600 | QUINCY | MA | 02171 | YOUTH INCENTIVES AND RACE PRODUCTS | $1,911,686 |
| ICREON TECH INC | |||||
| 597 FIFTH AVENUE 12TH FLOOR | NEW YORK | NY | 10017 | CONSULTING AND TECH DEVELOPMENT | $1,667,505 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 102 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,567,145 | MembershipDuesAmt |
| Fundraising | $1,280,062 | FundraisingAmt |
| Government Grants | $397,000 | GovernmentGrantsAmt |
| All Other Contributions | $44,620,176 | AllOtherContributionsAmt |
| Noncash Contributions | $8,929,677 | NoncashContributionsAmt |
| Total Contributions | $48,864,383 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EVENT ENTRY REVENUE | 900099 | $42,267,464 | $42,267,464 |
| MARATHON AUXILIARY REVENUE | 900099 | $3,698,114 | $3,698,114 |
| CLASSES REVENUE | 900099 | $718,172 | $718,172 |
| CLUB NIGHT REVENUE | 900099 | $21,925 | $21,925 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,014 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,014 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,753,689 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,613,616 | TotalRevenueColumnAmt |
| Exclusion | $1,613,616 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,816,219 | TotalRevenueColumnAmt |
| Exclusion | $2,816,219 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,810,500 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $214,818 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,595,682 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,595,682 | TotalRevenueColumnAmt |
| Exclusion | $1,595,682 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,291,340 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,000,578 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,290,762 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,290,762 | TotalRevenueColumnAmt |
| Exclusion | $1,290,762 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $283,300 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,280,062 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $256,875 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,425 | TotalRevenueColumnAmt |
| Exclusion | $26,425 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | $1,500,000 | $1,500,000 | |
| SPONSORSHIP INCOME | 900099 | $260,241 | $260,241 | |
| REVERSAL OF RACE COUPON LIABILITY | 900099 | $119,858 | $119,858 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,696 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $9,696 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,889,795 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,850,571 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,753,689 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $269,937 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,962,562 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,702,559 | TotalAmt |
| Program Services | $2,702,559 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $314,135 | TotalAmt |
| Program Services | $314,135 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,494,931 | TotalAmt |
| Program Services | $382,836 | ProgramServicesAmt |
| Management And General | $1,112,095 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,704,350 | TotalAmt |
| Program Services | $19,637,550 | ProgramServicesAmt |
| Management And General | $3,555,653 | ManagementAndGeneralAmt |
| Fundraising | $511,147 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,044,260 | TotalAmt |
| Program Services | $835,408 | ProgramServicesAmt |
| Management And General | $156,639 | ManagementAndGeneralAmt |
| Fundraising | $52,213 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,268,196 | TotalAmt |
| Program Services | $1,882,603 | ProgramServicesAmt |
| Management And General | $340,229 | ManagementAndGeneralAmt |
| Fundraising | $45,364 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,955,352 | TotalAmt |
| Program Services | $1,622,942 | ProgramServicesAmt |
| Management And General | $293,303 | ManagementAndGeneralAmt |
| Fundraising | $39,107 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,012 | TotalAmt |
| Program Services | $54,405 | ProgramServicesAmt |
| Management And General | $81,607 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,487 | TotalAmt |
| Program Services | $138,146 | ProgramServicesAmt |
| Management And General | $322,341 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $663,626 | TotalAmt |
| Program Services | $265,450 | ProgramServicesAmt |
| Management And General | $398,176 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,055 | TotalAmt |
| Fundraising | $78,055 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,687 | TotalAmt |
| Management And General | $169,687 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $736,205 | TotalAmt |
| Program Services | $388,535 | ProgramServicesAmt |
| Management And General | $347,670 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,616,540 | TotalAmt |
| Program Services | $1,603,365 | ProgramServicesAmt |
| Management And General | $2,080 | ManagementAndGeneralAmt |
| Fundraising | $11,095 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,220,353 | TotalAmt |
| Program Services | $845,344 | ProgramServicesAmt |
| Management And General | $365,225 | ManagementAndGeneralAmt |
| Fundraising | $9,784 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,977,474 | TotalAmt |
| Program Services | $3,772,413 | ProgramServicesAmt |
| Management And General | $1,193,566 | ManagementAndGeneralAmt |
| Fundraising | $11,495 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,359,301 | TotalAmt |
| Program Services | $3,861,883 | ProgramServicesAmt |
| Management And General | $438,898 | ManagementAndGeneralAmt |
| Fundraising | $58,520 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,083 | TotalAmt |
| Program Services | $473,394 | ProgramServicesAmt |
| Management And General | $44,345 | ManagementAndGeneralAmt |
| Fundraising | $5,344 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,874 | TotalAmt |
| Program Services | $153,207 | ProgramServicesAmt |
| Management And General | $17,667 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,633,536 | TotalAmt |
| Program Services | $3,090,307 | ProgramServicesAmt |
| Management And General | $519,675 | ManagementAndGeneralAmt |
| Fundraising | $23,554 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,908,351 | TotalAmt |
| Program Services | $1,747,479 | ProgramServicesAmt |
| Management And General | $141,946 | ManagementAndGeneralAmt |
| Fundraising | $18,926 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| NYC MARATHON | $28,046,034 | $27,762,769 | $280,460 | $2,805 |
| WEEKLY EVENTS | $16,635,048 | $16,423,000 | $207,792 | $4,256 |
| YOUTH & COMMUNITY SERV. | $3,617,800 | $3,561,204 | $54,250 | $2,346 |
| STAFF EXPENSE (TRAINING | $604,040 | $186,321 | $415,640 | $2,079 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,844 | TotalAmt |
| Program Services | $10,844 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,051,133 | TotalAmt |
| Program Services | $91,716,099 | ProgramServicesAmt |
| Management And General | $10,458,944 | ManagementAndGeneralAmt |
| Fundraising | $876,090 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,685,201 | BOYAmt |
| EOY | $12,334,215 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,247,727 | BOYAmt |
| EOY | $1,615,109 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $445,723 | BOYAmt |
| EOY | $623,392 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,066,032 | BOYAmt |
| EOY | $11,521,786 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,469,458 | BOYAmt |
| EOY | $2,012,055 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $28,389,973 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,667,239 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,115,475 | BOYAmt |
| EOY | $16,722,734 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,393,369 | BOYAmt |
| EOY | $56,796,203 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,545,938 | BOYAmt |
| EOY | $5,531,003 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,968,923 | BOYAmt |
| EOY | $107,156,497 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,686,039 | BOYAmt |
| EOY | $19,410,527 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,528,445 | BOYAmt |
| EOY | $42,764,609 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,214,484 | BOYAmt |
| EOY | $62,175,136 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,504,794 | BOYAmt |
| EOY | $43,578,184 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,249,645 | BOYAmt |
| EOY | $1,403,177 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,754,439 | BOYAmt |
| EOY | $44,981,361 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,968,923 | BOYAmt |
| EOY | $107,156,497 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,799,438 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,572,516 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,018,779 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,258,442 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,405,173 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $45,648,672 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,864,383 | CurrentTaxYearAmt |
| Total | $205,195,449 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,018,779 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,258,442 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,405,173 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $45,648,672 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,864,383 | CurrentTaxYearAmt |
| Total | $205,195,449 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $86,807,422 | SubstantialContributorsTotAmt |
| Public Support Total170 | $118,388,027 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,183,055 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,796,187 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,784,260 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,184,742 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,240,335 | CurrentTaxYearAmt |
| Total | $28,188,579 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $1,853,185 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $500,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $1,619,858 | CurrentTaxYearAmt |
| Total | $3,973,043 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $237,357,071 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $230,624,249 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.49880 | PublicSupportCY170Pct |
| Public Support PY170 | 0.49800 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | BUILDING SALES DEPOSIT FORFEITURE - 2016 AMOUNT: $ 1,003,185. INSURANCE PROCEEDS - CLASS ACTION - 2016 AMOUNT: $ 850,000. REVERSAL OF RACE COUPON LIABILITY - 2017 AMOUNT: $ 500,000. 2019 AMOUNT: $ 119,858. INSURANCE PROCEEDS - RACE CANCELLATION - 2019 AMOUNT: $ 1,500,000. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $78,055 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $78,055 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | G. FONTAS ADVISORS, INC. AND FONTAS ADVISORS, NY LLC LOBBIED NEW YORK CITY COUNCIL MEMBERS IN SUPPORT OF NYRR'S YOUTH AND COMMUNITY PROGRAMS, LOBBYING ACTIVITIES INCLUDED MAKING TELEPHONE CALLS , SENDING EMAILS TO, AND SCHEDULING MEETINGS WITH, SUCH OFFICIALS AND MEMBERS OF THEIR STAFF, ATTENDING MEETINGS, HEARINGS, AND ANY RELATED PREPARATION FOR THE FOREGOING. ACTIVITIES ALSO INCLUDED FOLLOW-UP COMMUNICATIONS WITH OFFICIALS AND STAFF. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,034,417 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,579,620 | DepreciationAmt |
| Book Value | $10,454,797 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,145,475 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,512,614 | DepreciationAmt |
| Book Value | $4,632,861 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,210,081 | OtherCostOrOtherBasisAmt |
| Depreciation | $575,005 | DepreciationAmt |
| Book Value | $1,635,076 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,722,734 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $5,531,003 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,531,003 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $97,855,261 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$6,572,516 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $864,455 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $471,693 | OtherRevenueAmt |
| Revenue Not Reported | -$5,236,368 | RevenueNotReportedAmt |
| Revenue Subtotal | $103,091,629 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $169,687 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,589,255 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,758,942 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $104,850,571 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $102,628,339 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $864,455 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $471,693 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,336,148 | ExpensesNotReportedAmt |
| Expenses Subtotal | $101,292,191 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $169,687 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $1,589,255 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,758,942 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $103,051,133 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | MANAGEMENT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT NYRR HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. NYRR IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE JURISDICTIONS FOR PERIODS PRIOR TO MARCH 31, 2017. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 214,818. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON PART VIII, LINE 8C: 256,875. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | MEMBERSHIP DUE EXPENSES NETTED AGAINST REVENUE: 127,191. CREDIT CARD PROCESSING FEE NETTED AGAINST REVENUE: 1,342,206. REVERSAL OF RACE COUPON LIABILITY REPORTED ON PART VIII, LINE 11: 119,858. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B: 214,818. SPECIAL EVENTS DIRECT EXPENSES REPORTED ON PART VIII, LINE 8C: 256,875. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | MEMBERSHIP DUE EXPENSES NETTED AGAINST REVENUE: 127,191. CREDIT CARD PROCESSING FEE NETTED AGAINST REVENUE: 1,342,206. REVERSAL OF RACE COUPON LIABILITY REPORTED ON PART VIII, LINE 11: 119,858. |
| PART VI, LAND, BUILDINGS, AND EQUIPMENT: | PART VI, LINE 1D INCLUDES FURNITURE, FIXTURES, HARDWARE AND SOFTWARE. PART VI, LINE 1E INCLUDES WORK IN PROGRESS AND AUTOMOBILES. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $4,131,138 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $4,131,138 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $4,131,138 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3: | THE ACTIVITIES REPORTED IN PART I, LINE 3 ARE ACCOUNTED FOR USING THE ACCRUAL METHOD OF ACCOUNTING IN CONFORMITY WITH AUDITED FINANCIAL STATEMENTS. |
| PART III ACCOUNTING METHOD: | |
| PART IV, FOREIGN FORMS, LINE 1: | THE ORGANIZATION IS REQUIRED TO FILE FORM 926 BECAUSE IT DOES MEET THE APPLICABLE THRESHOLD. |
| PART IV, FOREIGN FORMS, LINE 3: | THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NIGHT OF CHAMPIONS | Event1Nm |
| Gross Receipts Event1 | $1,263,787 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,045,130 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $218,657 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $10,392 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $163,975 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,288 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $16,577 | OtherDirectExpensesEvent1Amt |
| Event2 | JINGLE BELL JOG | Event2Nm |
| Gross Receipts Event2 | $299,575 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $234,932 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $64,643 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $10,509 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $1,850 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $52,284 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,563,362 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,280,062 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $283,300 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,392 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $174,484 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,138 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $68,861 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $256,875 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $26,425 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ARMORY FOUNDATION | |||||||
| 216 FORT WASHINGTON AVENUE | NEW YORK | NY | 100323704 | 133680286 | 501(C)(3) | $510,486 | SPONSOR TRACK AND FIELD EVENTS, SUPPORT DR. SANDER LEGACY FUND AND THE ARMORY COLLEGE PREP PROGRAM, TSHIRTS OR OTHER VALUE-IN-KIND FOR ARMORY EVENTS AND RUNLOVE EVENT |
| CENTRAL PARK CONSERVANCY INC | |||||||
| 14 EAST 60TH STREET | NEW YORK | NY | 10022 | 133022855 | 501(C)(3) | $175,000 | SUPPORT CENTRAL PARK PROGRAMS AND ACTIVITIES |
| CENTRAL PARK TRACK CLUB | |||||||
| 140 WEST 79TH STREET | NEW YORK | NY | 10024 | 711005273 | 501(C)(3) | $8,000 | BRONZE TABLE AND SEATS FOR PRESENTATION OF AWARDS |
| CITY PARKS FOUNDATION | |||||||
| 830 FIFTH AVENUE | NEW YORK | NY | 10065 | 133561657 | 501(C)(3) | $115,000 | ENRICH AND IMPROVE PARKS AND COMMUNITIES ACROSS ALL FIVE BOROUGHS OF NYC |
| FUND FOR PUBLIC SCHOOLS INC | |||||||
| 52 CHAMBERS STREET | NEW YORK | NY | 10007 | 112656137 | 501(C)(3) | $7,000 | CITYWIDE RECOGNITION AWARD CELEBRATING NYC DOE EDUCATORS - SUPPORTS THE BIG APPLE PHYSICAL EDUCATION AWARD RECIPIENT |
| MAYOR'S FUND TO ADVANCE NEW YORK CITY | |||||||
| 253 BROADWAY 6TH FLOOR | NEW YORK | NY | 10007 | 133783906 | 501(C)(3) | $5,000 | SPONSORSHIP FOR THE NYC DISABILITY PRIDE PARADE |
| NEW YORKERS FOR PARKS | |||||||
| 55 BROAD STREET 23RD FLOOR | NEW YORK | NY | 10004 | 136167879 | 501(C)(3) | $20,000 | OPEN RUN PLANTING MARATHON 2019, BREAKFAST IN SUPPORT OF NEW YORKERS FOR PARKS |
| PROSPECT PARK ALLIANCE INC | |||||||
| 95 PROSPECT PARK WEST | BROOKLYN | NY | 11215 | 112843763 | 501(C)(3) | $22,500 | PROSPECT PARK ALLIANCE GALA BENEFIT, DONATION FOR THE 2019 DAY OF SERVICE |
| RANDALL'S ISLAND PARK ALLIANCE INC | |||||||
| 24 WEST 61ST STREET 4TH FLOOR | NEW YORK | NY | 10023 | 133787630 | 501(C)(3) | $10,000 | RANDALLS ISLAND PARK ALLIANCE 2019 GALA |
| THE ASPEN INSTITUTE INC | |||||||
| ONE DUPONT CIRCLE NW NO 700 | WASHINGTON | DC | 20036 | 840399006 | 501(C)(3) | $25,000 | YEARLY SPONSORSHIP OF THE PROJECT PLAY SHARED GOALS INIITIATIVE ADVISORY GROUP. MULTIYEAR EFFORT BY LEADING ORGANIZIATIONS TO GROW NATIONAL SPORT PARTICIPATION RATES AND RELATED METRICS AMONG YOUTHS. |
| THE GREATER HARLEM CHAMBER OF COMMERCE COMMUNITY FUND | |||||||
| 200A W 136TH STREET | NEW YORK | NY | 10030 | 800790349 | 501(C)(3) | $30,000 | SPONSOR RACE EVENTS |
| THE TRUST FOR PUBLIC LAND | |||||||
| 101 MONTGOMERY STREET SUITE 900 | SAN FRANCISCO | CA | 94104 | 237222333 | 501(C)(3) | $12,500 | GALA IN SUPPORT OF THE TRUST FOR PUBLIC LAND |
| THE TRUST FOR PUBLIC LAND | |||||||
| 666 BROADWAY 9TH FLOOR | NEW YORK | NY | 10012 | 237222333 | 501(C)(3) | $1,700,000 | DEVELOP PLAYGROUNDS FOR NYC SCHOOL AND COMMUNITY |
| VAN CORTLANDT PARK CONSERVANCY | |||||||
| 1 BRONX RIVER PARKWAY | BRONX | NY | 10462 | 800361646 | 501(C)(3) | $30,000 | GENERAL MAINTENANCE OF THE HISTORIC CROSS COUNTRY RUNNING TRAIL AND ITS SURROUNDING AREAS |
| WOMEN IN SPORTS AND EVENTS INC | |||||||
| 244 FIFTH AVENUE SUITE 2087 | NEW YORK | NY | 10001 | 134119533 | 501(C)(3) | $7,125 | BRONZE TABLE PARTNER FOR THE WISE WOMEN OF THE YEAR LUNCHEON |
| NYC & COMPANY | |||||||
| 810 7TH AVENUE 3RD FLOOR | NEW YORK | NY | 10019 | 135531178 | 501(C)(6) | $6,000 | TO SUPPORT AND PROMOTE TOURISM IN NYC |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 14 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 297 | RecipientCnt |
| Cash Grant | $314,135 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS TO ORGANIZATIONS THE TRUST FOR PUBLIC LAND IS REQUIRED TO SUBMIT TO NYRR QUARTERLY NARRATIVE, FINANCIAL PROGRESS REPORTS AND ANNUALLY REPORT FOR THE SPECIFIC PLAYGROUNDS COVERED BY THE GRANT. SCHOLARSHIPS A TOTAL OF $186,939.82 INCLUDES $177,365.78 TUITION GRANTS ISSUED TO 93 PARTICIPANTS AND $9,574.04 FOR RELATED SCHOOL EXPENSES FOR 13 PARTICIPANTS IN THE RUN FOR THE FUTURE PROGRAM. RUN FOR THE FUTURE PARTICIPANTS ARE ELIGIBLE FOR THIS SCHOLARSHIP UPON SUCCESSFUL COMPLETION OF PROGRAM REQUIREMENTS (80%+ ATTENDANCE AT PRACTICES, A 5K RACE FINISH AND SPECIFIC NYRR EVENTS THROUGHOUT THE YEAR). THE INDIVIDUAL IS REQUIRED TO SUBMIT PROOF OF ENROLLMENT FROM THEIR COLLEGE OF CHOICE IN ORDER FOR US TO AWARD THE SCHOLARSHIP. RECIPIENTS ARE NOT REQUIRED TO REPORT ON THEIR USE OF THE GRANT, SINCE PAYMENT IS ISSUED DIRECTLY TO THE INSTITUTION AND RELATED SCHOOL EXPENSES ARE PURCHASED DIRECTLY AND/OR REQUIRE RECEIPTS FOR REIMBURSEMENT. ADDITIONALLY, 150 PARTICIPANTS WERE AWARDED THE RUNNING SCHOOL, OPERATED OUT OF CAMP CHIPINAW IN CATSKILLS MOUNTAIN, NY IN AUGUST 2019. A TOTAL OF $111,000 WAS GRANTED TO THE RUNNING SCHOOL TO COVER THE PARTICIPANTS' TUITION AND TRAVEL EXPENSES FOR THE CAMP. THE ONE-WEEK CAMP FOCUSES ON DEVELOPMENTALLY APPROPRIATE AEROBIC, STRENGTH AND FLEXIBILITY TRAINING, AS WELL AS PROVIDING ATHLETES WITH NUTRITION AND WELLNESS INFORMATION AND OVERALL BEST PRACTICES AS RUNNING ATHLETES. FINALLY, 41 PARTICIPANTS WERE AWARDED THE THE RUNNING WORKS CAMP, OPERATED IN CAMP CANADENSIS, PA IN AUGUST 2019. A TOTAL OF $16,195 WAS GRANTED TO THE RUNNINGWORKS CAMP TO COVER THE PARTICIPANTS' TUITION AND TRAVEL EXPENSES FOR THE CAMP. MIDDLE SCHOOL CAMPERS HAVE MILES OF TRAILS AROUND LAKE LENAPE. OLYMPIANS ON STAFF, SMALL GROUP INSTRUCTION, SCIENCE BASED TRAINING FOR EVERY LEVEL, STRENGTH, FLEXIBILITY, NUTRITION, GOAL SETTING, MENTAL PREPERATION, TACTICS, TEAM BUILDING & FUN CAMP ACTIVITIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL CAPIRASO | ||||||||||||||
| PRESIDENT/CEO/BOARD MEMBER | $504,124 | $0 | $65,000 | $0 | $442 | $0 | $31,500 | $0 | $7,700 | $0 | $608,766 | $0 | $0 | $0 |
| JAMES HEIM | ||||||||||||||
| SVP/TECH. DIRECTOR EV DEV & OPS | $297,193 | $0 | $22,500 | $0 | $348 | $0 | $18,902 | $0 | $30,467 | $0 | $369,410 | $0 | $0 | $0 |
| LINDA FRANKEN | ||||||||||||||
| SVP OF FINANCE/ASST. TR. (THRU 1/20) | $289,176 | $0 | $17,500 | $0 | $218 | $0 | $20,925 | $0 | $23,197 | $0 | $351,016 | $0 | $0 | $0 |
| JAMES GROOMS | ||||||||||||||
| SVP OF LEGAL/ASST. SECRETARY | $296,494 | $0 | $20,000 | $0 | $336 | $0 | $20,925 | $0 | $11,705 | $0 | $349,460 | $0 | $0 | $0 |
| RACHEL PRATT | ||||||||||||||
| SVP OF YOUTH & COMM. SVCS | $242,124 | $0 | $15,000 | $0 | $282 | $0 | $18,217 | $0 | $27,993 | $0 | $303,616 | $0 | $0 | $0 |
| CHRISTOPHER WEILLER | ||||||||||||||
| VP MEDIA, PR & PRO ATHLETICS | $231,397 | $0 | $16,000 | $0 | $270 | $0 | $17,042 | $0 | $25,559 | $0 | $290,268 | $0 | $0 | $0 |
| JEFFERY CARNEVALE | ||||||||||||||
| VP INFORMATION TECHNOLOGY | $224,405 | $0 | $13,000 | $0 | $265 | $0 | $16,006 | $0 | $19,787 | $0 | $273,463 | $0 | $0 | $0 |
| CHRISTINE BURKE | ||||||||||||||
| VP MARKETING & DIGITAL | $228,182 | $0 | $13,000 | $0 | $265 | $0 | $13,875 | $0 | $17,420 | $0 | $272,742 | $0 | $0 | $0 |
| MICHAEL RODGERS | ||||||||||||||
| VP BUS DEV/STRATEGIC PARTNERSHIPS | $208,981 | $0 | $14,500 | $0 | $237 | $0 | $15,495 | $0 | $9,771 | $0 | $248,984 | $0 | $0 | $0 |
| PETER CIACCIA | ||||||||||||||
| FORMER PRESIDENT OF EVENT & RD | $14,517 | $0 | $50,000 | $0 | $14 | $0 | $16,500 | $0 | $799 | $0 | $81,830 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE ORGANIZATION REIMBURSED THE FOLLOWING HIGHEST COMPENSATED EMPLOYEE FOR BUSINESS/BUSINESS FIRST CLASS TRAVEL DUE TO LACK OF AVAILABILITIES OF OTHER CLASSES TO TRAVEL TO THE AWARD EVENT IN SINGAPORE: - CHRISTOPHER WEILLER |
| PART I, LINE 1B | THE ORGANIZATION FOLLOWS A WRITTEN POLICY REGARDING REIMBURSEMENT OR PAYMENT FOR ALL EXPENSES DESCRIBED IN PART I, LINE 1A. |
| PART I, LINE 7 | THE FOLLOWING PERSONS LISTED IN FORM 990, PART VII, SECTION A, LINE 1A RECEIVED NON-FIXED PAYMENTS IN THE FORM OF BONUSES AS SET FORTH BELOW. IN ALL CASES, SUCH BONUSES WERE DETERMINED BY THE HR/COMPENSATION COMMITTEE OF THE BOARD, BASED ON EVALUATIONS, PERFORMANCE REPORTS, AND COMPARABILITY DATA, AND THE ORGANIZATION'S FINANCIAL RESULTS FOR THE YEAR. THE DETERMINATIONS OF THE HR/COMPENSATION COMMITTEE WERE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL, FOLLOWING DELIBERATIONS WHICH EXCLUDED ANY AFFECTED OFFICER/EMPLOYEE. MICHAEL CAPIRASO $ 65,000 LINDA FRANKEN $ 17,500 JAMES GROOMS $ 20,000 JAMES HEIM $ 22,500 JEFFERY CARNEVALE $ 13,000 RACHEL PRATT $ 15,000 CHRISTOPHER WEILLER $ 16,000 CHRISTINE BURKE $ 13,000 MICHAEL RODGERS $ 14,500 PETER CIACCIA $ 50,000 |
Schedule M IRS990ScheduleM
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $7,330,680 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,341,783 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,665 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AWARDS | 2 | $114,190 | COST |
| Yes (X) | EVENT TICKETS | 4 | $99,487 | COST |
| Yes (X) | BAGGAGE TRANSPORTATION | 1 | $14,872 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 5 AND PART V, LINE 2A: | TOTAL INDIVIDUALS EMPLOYED INCLUDE BOTH FULL-TIME AND PART-TIME EMPLOYEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS DRAFTED BY INDEPENDENT ACCOUNTANTS BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. THE DRAFT FORM 990 IS PROVIDED TO THE ORGANIZATION'S FINANCE AND LEGAL DEPARTMENTS FOR REVIEW, AND COMMENTS ARE DISCUSSED WITH THE ACCOUNTANTS AND APPROPRIATE REVISIONS ARE MADE TO THE FORM 990. A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT/CEO FOR REVIEW. AFTER ALL INTERNAL MANAGEMENT REVIEWS, THE FORM 990 IS PROVIDED TO MEMBERS OF THE AUDIT COMMITTEE, WHICH HAS BEEN DESIGNATED BY THE BOARD OF DIRECTORS WITH THE RESPONSIBILITY FOR REVIEWING THE COMPLETED FORM 990 PRIOR TO IT BEING MADE AVAILABLE TO THE BOARD OF DIRECTORS. AUDIT COMMITTEE MEMBERS PARTICIPATE IN A MEETING OR CONFERENCE CALL WITH REPRESENTATIVES OF THE LEGAL AND FINANCE DEPARTMENTS AND THE INDEPENDENT ACCOUNTANTS TO DISCUSS THE CONTENT OF THE FORM 990. BEFORE BEING FILED, A COPY OF THE APPROVED FORM 990 IS PROVIDED ELECTRONICALLY TO THE ENTIRE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, DIRECTORS, OFFICERS AND MEMBERS OF SENIOR MANAGEMENT RECEIVE A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, SIGN A DECLARATION TO ADHERE TO THE POLICY, AND COMPLETE A QUESTIONNAIRE SEEKING DISCLOSURE OF POTENTIAL CONFLICTS. THE POLICY REQUIRES THE FILING OF AMENDED DISCLOSURE IN THE EVENT OF ANY CHANGE IN CIRCUMSTANCES. INITIAL DETERMINATIONS AS TO WHETHER CONFLICTS EXIST AND, IF SO, WHAT ACTIONS SHOULD BE TAKEN, ARE MADE BY THE GENERAL COUNSEL IN CONSULTATION WITH THE PRESIDENT/CEO, OR THE AUDIT COMMITTEE AND IF WARRANTED, REVIEWED BY THE CHAIR OR A DESIGNATED MEMBER OF THE EXECUTIVE COMMITTEE. DEPENDING ON ITS NATURE AND SERIOUSNESS, ANY POTENTIAL CONFLICT WILL BE REVIEWED BY THE BOARD AND ANY RESULTING ACTION SHOULD BE DETERMINED BY THE BOARD. IN MOST INSTANCES, THE APPROPRIATE ACTIONS IN THE FACE OF POTENTIAL OR ACTUAL CONFLICTS ARE DISCLOSURE OF THE CONFLICT AND REMOVAL OF THE INDIVIDUAL WITH THE CONFLICT FROM THE CONSIDERATION AND DECISION-MAKING PROCESSES WITH REGARD TO CERTAIN MATTERS WHERE HIS OR HER JUDGMENT WOULD OR MIGHT BE COMPROMISED BY THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | (A) COMPENSATION OF THE ORGANIZATION'S PRESIDENT & CEO IS DETERMINED BY THE HUMAN RESOURCES & COMPENSATION COMMITTEE, WHICH CONSIDERS INDIVIDUAL ACCOMPLISHMENTS, ORGANIZATIONAL PERFORMANCE AND COMPARABLE COMPENSATION DATA. THE COMMITTEE'S RECOMMENDATION IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. (B) THE COMPENSATION PERCENTAGES OF SALARY INCREASES AND BONUSES FOR SENIOR/VICE PRESIDENTS, DEPARTMENT HEADS AND DEPARTMENTAL DIRECTORS, MANAGERS AND STAFF POSITIONS ARE DETERMINED BY THE HUMAN RESOURCES & COMPENSATION COMMITTEE, BASED UPON THE RECOMMENDATIONS OF THE PRESIDENT & CEO WHO REVIEWS PERFORMANCE REPORTS AND BENCHMARKING DATA. THE RECOMMENDATIONS OF THE HUMAN RESOURCES & COMPENSATION COMMITTEE ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL, AND ITS DELIBERATIONS AND DECISION ARE CONTEMPORANEOUSLY DOCUMENTED AS PART OF THE MINUTES OF THE PROCEEDINGS. PERSONS WHOSE COMPENSATION ARE AT ISSUE ARE EXCUSED FROM PARTICIPATION AT MEETINGS IN WHICH SUCH COMPENSATION DECISIONS ARE DISCUSSED AND/OR DECIDED. THE FOREGOING PROCESS IS FOLLOWED ANNUALLY AND WAS LAST UNDERTAKEN FOR ALL EMPLOYEES EXCEPT OFFICERS AND OTHER MEMBERS OF SENIOR MANAGEMENT IN MARCH 2020. THE BOARD MET AND APPROVED THE COMPENSATION PERCENTAGES OF SALARY INCREASES AND BONUSES FOR ALL STAFF, BUT IT DID NOT GO INTO EFFECT DUE TO COVID-19. |
| FORM 990, PART VI, SECTION C, LINE 19 | CONSISTENT WITH ITS OBLIGATIONS UNDER STATUTORY LAW, RULES AND REGULATIONS, AS APPLICABLE, THE ORGANIZATION MAKES ITS DOCUMENTS, SUCH AS ITS APPLICATION FOR TAX EXEMPTION, ANNUAL INFORMATION RETURNS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS, AVAILABLE THROUGH PUBLIC FILINGS AND/OR ON WRITTEN REQUEST, EITHER BY PROVIDING COPIES OR MAKING THEM AVAILABLE FOR INSPECTION AT THE OFFICES OF THE ORGANIZATION. |
| FORM 990, PART IX, LINE 24E, ALL OTHER FUNCTIONAL EXPENSES: | INCLUDES STAFF EXPENSES (TRAINING, RECRUITMENT, AND STAFF EVENTS) |
| FORM 990, PART XII, LINE 2C: | THE AUDIT COMMITTEE OF THE BOARD HIRES THE AUDIT FIRM, THE REVIEW OF THE RISK ISSUES FOR THE ORGANIZATION AND THE FINAL AUDIT REVIEW AND PACKAGE THAT IS ACCEPTED BY THE BOARD. THE COMMITTEE MEETS WITH THE AUDIT FIRM INDEPENDENTLY FROM STAFF DURING THE AUDIT REVIEW PROCESS AND RECOMMENDS TO THE BOARD THE ACCEPTANCE OF THE AUDIT AND ITS FINDINGS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, COVID PANDEMIC: | NYRR'S OPERATIONS AND FINANCIAL PERFORMANCE HAVE BEEN AFFECTED BY THE RECENT CORONAVIRUS OUTBREAK WHICH HAS SPREAD GLOBALLY AND HAS ADVERSELY AFFECTED ECONOMIC CONDITIONS THROUGHOUT THE WORLD. IN RESPONSE TO RESTRICTIONS ISSUED BY STATE AND LOCAL GOVERNMENTS REGARDING LARGE PUBLIC GATHERINGS AS A PRECAUTIONARY MEASURE TO LIMIT THE SPREAD OF THE COVID-19 VIRUS, OUR RACES TO DATE HAVE BEEN CANCELLED, WITH POTENTIAL FUTURE CANCELLATIONS IN FISCAL YEAR 2021 AND 2022. THE CANCELED RACES INCLUDED CERTAIN RACES SCHEDULED TO OCCUR IN MARCH 2020. FOR THOSE CANCELED RACES, NYRR OFFERED ENTRANTS THE CHOICE TO RECEIVE A 2021 TCS NYC MARATHON 9+1 CREDIT, RECEIVE REFUNDS OF THE ENTRY FEES PAID, RECEIVE COMPLIMENTARY ENTRANCE INTO A FUTURE NYRR RACE OR DONATE THE VALUE OF THEIR ENTRY FEE TO SUPPORT NYRR'S YOUTH AND COMMUNITY PROGRAMS. ENTRY FEES RECEIVED FOR THOSE ENTRANTS THAT SELECTED COMPLIMENTARY ENTRY TO A FUTURE RACE HAVE BEEN CLASSIFIED AS DEFERRED REVENUE ON THE BALANCE SHEET. IN ADDITION, MANAGEMENT HAS FILED INSURANCE CLAIMS TO COVER LOSSES RELATED TO CERTAIN CANCELED RACES AND HAS RECORDED AN ESTIMATED INSURANCE RECOVERY FOR RACES THAT WERE SCHEDULED TO TAKE PLACE PRIOR TO MARCH 31, 2020. IF THE COVID-19 OUTBREAK CONTINUES AND CONDITIONS WORSEN, NYRR MAY CONTINUE TO EXPERIENCE A DISRUPTION IN ALL REVENUE STREAMS OF THE BUSINESS. THE OUTBREAK IS LIKELY TO AFFECT NYRR'S BUSINESS, FINANCIAL CONDITION AND RESULTS OF OPERATIONS DURING FISCAL YEAR 2021 AND FISCAL YEAR 2022. NYRR HAS, HOWEVER, TAKEN SEVERAL STEPS TO STRENGTHEN ITS FINANCIAL POSITION AND TO MAINTAIN FINANCIAL LIQUIDITY AND FLEXIBILITY. NYRR APPLIED FOR AND HAS RECEIVED FUNDS FROM THE PAYCHECK PROTECTION PROGRAM LOAN (THE "PPP LOAN") FROM THE SMALL BUSINESS ADMINISTRATION THROUGH AN INDEPENDENT BANK. THE PPP LOAN HAS A FIVE-YEAR MATURITY, HAS AN INTEREST RATE OF 1.0% PER ANNUM, AND THE MAJORITY OF THE PRINCIPAL AMOUNT OUTSTANDING IS FORGIVABLE IF NYRR USES THE FUNDS FOR ELIGIBLE EXPENSES. NO PAYMENTS ON THE PPP LOAN ARE DUE YET, NYRR EXPECTS A SIGNIFICANT PORTION OF THE PPP LOAN TO BE FORGIVEN. |