NEW VENTURE FUND

Washington, DC, US
501(c)3
EIN
20-5806345
Research Institutes & Public Policy Analysis
Regional Funder
funder logo
Washington, DC, US
501(c)3
EIN
20-5806345
Research Institutes & Public Policy Analysis
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$662,364,100

Contributions
95%
Investments
2%
Program Services
2%
Other
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$723,042,837

Grants
64%
Fees to Service Providers
18%
Salaries & Benefits
12%
Other
4%
Advertising & Promotion
1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$621,584,058
$628,260,501
+1%
Government Grants
$290,685
$11,000
-96%
Fundraising Events
$11,500
$0
-100%
Program Services
$17,261,720
$12,166,350
-30%
Membership Dues
$0
$0
-
Investments
$23,914,752
$15,603,408
-35%
Other
$6,025,746
$6,322,841
+5%
Total Revenues
$669,088,461
$662,364,100
-1%
Expenses
2023
2024
Change
Grants
$592,958,696
$459,928,320
-22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$114,965,351
$88,378,156
-23%
Fees to Service Providers
$143,087,756
$133,190,974
-7%
Advertising & Promotion
$8,551,729
$7,931,502
-7%
Offices, Occupancy & IT
$9,819,404
$7,126,549
-27%
Interest
$0
$0
-
Depreciation
$199,136
$161,983
-19%
Other
$25,257,656
$26,325,353
+4%
Total Expenses
$894,839,728
$723,042,837
-19%
Net income
2023
2024
Change
Net income
-$225,751,267
-$60,678,737
+73%
Functional Expenses
Summary
2023
2024
Change
Program
$854,251,221
$684,994,710
-20%
Admin
$37,471,209
$36,047,829
-4%
Fundraising
$3,117,298
$2,000,298
-36%
Total Expenses
$894,839,728
$723,042,837
-19%
Income Statement
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