NEW YORK ACADEMY OF ART
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$8,739,398
Program Services
N/A
Fundraising Events
N/A
Contributions
N/A
Investments
N/A
Government Grants
N/A
Membership Dues
N/A
Expenses in 2024
$9,988,189
Salaries & Benefits
53%
Other
15%
Grants
13%
Offices, Occupancy & IT
7%
Depreciation
6%
Fees to Service Providers
3%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,280,344
$1,272,785
-1%
Government Grants
$1,102,304
$126,847
-88%
Fundraising Events
$1,798,643
$1,346,908
-25%
Program Services
$5,291,715
$6,050,105
+14%
Membership Dues
$0
$0
-
Investments
$114,747
$223,328
+95%
Other
-$345,781
-$280,575
-19%
Total Revenues
$9,241,972
$8,739,398
-5%
Expenses
2023
2024
Change
Grants
$1,134,917
$1,300,120
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,876,581
$5,318,507
+9%
Fees to Service Providers
$316,263
$282,601
-11%
Advertising & Promotion
$85,757
$91,178
+6%
Offices, Occupancy & IT
$701,404
$738,112
+5%
Interest
$124,426
$121,475
-2%
Depreciation
$604,027
$595,924
-1%
Other
$1,370,237
$1,540,272
+12%
Total Expenses
$9,213,612
$9,988,189
+8%
Net income
2023
2024
Change
Net income
+$28,360
-$1,248,791
-4503%
Functional Expenses
Summary
2023
2024
Change
Program
$7,132,483
$7,725,829
+8%
Admin
$1,180,251
$1,255,227
+6%
Fundraising
$900,878
$1,007,133
+12%
Total Expenses
$9,213,612
$9,988,189
+8%
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