THE LOWELL FESTIVAL FOUNDATION
Income Statement
Fiscal Year Start:
May 1
Revenues in 2025
$1,642,760
Program Services
55%
Contributions
41%
Other
4%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$1,678,284
Other
84%
Salaries & Benefits
10%
Fees to Service Providers
5%
Offices, Occupancy & IT
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$516,164
$670,455
+30%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,224,280
$905,033
-26%
Membership Dues
$0
$0
-
Investments
$2,582
$855
-67%
Other
$81,146
$66,417
-18%
Total Revenues
$1,824,172
$1,642,760
-10%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$234,813
$173,888
-26%
Fees to Service Providers
$83,854
$77,000
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$21,392
$21,219
-1%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,609,323
$1,406,177
-13%
Total Expenses
$1,949,382
$1,678,284
-14%
Net income
2024
2025
Change
Net income
-$125,210
-$35,524
+72%
Functional Expenses
Summary
2024
2025
Change
Program
$1,727,746
$1,399,172
-19%
Admin
$168,138
$187,499
+12%
Fundraising
$53,498
$91,613
+71%
Total Expenses
$1,949,382
$1,678,284
-14%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)