Logo for "NEW ENGLAND FOUNDATION FOR THE ARTS, INCORPORATED"

NEW ENGLAND FOUNDATION FOR THE ARTS, INCORPORATED

NEW ENGLAND FOUNDATION FOR THE ARTS, INCORPORATED

BOSTON, MA, US
•
a.k.a NEFA
•
501(c)(3)
•
EIN
04-2593591
•
WWW.NEFA.ORG
•
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "NEW ENGLAND FOUNDATION FOR THE ARTS, INCORPORATED"

NEW ENGLAND FOUNDATION FOR THE ARTS, INCORPORATED

BOSTON, MA, US
•
a.k.a NEFA
•
501(c)(3)
•
EIN
04-2593591
•
WWW.NEFA.ORG
•
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)

$42,376,608

Investments
55%
Receivables (Non-Related)
27%
Cash & Equivalents
13%
Other Assets
3%
Property, Plant, & Equipment (net)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$8,204,352

Grants Payable
77%
Other Liabilities
18%
Payables & Accruals
5%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,677,293
$5,329,185
-31%
Receivables (Non-Related)
$7,003,296
$11,593,357
+66%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$252,140
$221,659
-12%
Investments
$15,945,089
$23,259,885
+46%
Property, Plant, & Equipment (net)
$667,088
$532,915
-20%
Other Assets
$1,439,607
$1,439,607
+0%
Total Assets
$32,984,513
$42,376,608
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$424,506
$407,830
-4%
Grants Payable
$6,129,526
$6,338,006
+3%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$47,253
$0
-100%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,458,515
$1,458,516
+0%
Total Liabilities
$8,059,800
$8,204,352
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$9,981,548
$18,393,945
+84%
Unrestricted Net Assets
$14,943,165
$15,778,311
+6%
Net assets
2023
2024
Change
Net assets
+$24,924,713
+$34,172,256
+37%
Balance Sheet
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