Overview

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Est.

1991

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The New Festival Inc is a New York-based 501(c)(3) media arts organization focused on arts and culture, film and video, with a mission to showcase international, domestic, and New York-centric film, video, and other media to foster greater awareness and community among LGBTQ+ audiences and their allies. In filing year 2025, it reported an operating budget of $2.1M and total revenue of $2.2M, with support from funders including AMERICAN ONLINE GIVING FOUNDATION INC, ACADEMY FOUNDATION, and THE BLACKSTONE CHARITABLE FOUNDATION; no single listed funder appears to account for 50% or more of revenue.

Mission Statement

New Festival, Inc. is a non-profit 501(c)(3) tax exempt media arts organization whose objective is to showcase international, domestic, and New York-centric film, video and other media to foster greater awareness and community among LGBTQ+ audiences and their allies.
Revenues
$2.2M
Expenses
$2.2M
Net Income:
+$22.9K
Assets
$1.5M
Liabilities
$382.1K
Net Assets:
+$1.1M
Operating Budget
$2.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$12.1K
Largest grant received
$19.1K
A
Adam Natale
Board Member
M
Mike Balaban
Board Member
A
Ann Brown
Board Member
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  • 11 funders
  • 44 board & team members
  • 14 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is The New Festival Inc’s budget?
In 2025, The New Festival Inc reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does The New Festival Inc support?
The New Festival Inc supports work in Film and video and Arts and culture.
Where does The New Festival Inc operate?
The New Festival Inc is headquartered in Brooklyn, NY.
Who funded The New Festival Inc recently?
In 2025, The New Festival Inc received grants from AMERICAN ONLINE GIVING FOUNDATION INC, INDEPENDENT FEATURE PROJECT INC, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant The New Festival Inc received in 2024?
The largest grant to The New Festival Inc in 2024 exceeds $19 thousand.
What is The New Festival Inc’s reliance on government grants?
The New Festival Inc relied on government grants for more than 5% of their total revenue in 2025.