THE BARNES FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$26,657,859
Contributions
52%
Investments
15%
Other
11%
Program Services
11%
Membership Dues
6%
Fundraising Events
3%
Government Grants
2%
Expenses in 2024
$32,023,620
Salaries & Benefits
51%
Depreciation
17%
Other
9%
Fees to Service Providers
9%
Offices, Occupancy & IT
9%
Advertising & Promotion
3%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,435,636
$13,826,085
+47%
Government Grants
$0
$542,298
-
Fundraising Events
$0
$862,228
-
Program Services
$6,020,134
$2,945,228
-51%
Membership Dues
$0
$1,473,693
-
Investments
$1,847,438
$4,051,377
+119%
Other
$4,128,686
$2,956,950
-28%
Total Revenues
$21,431,894
$26,657,859
+24%
Expenses
2023
2024
Change
Grants
$0
$291,283
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$15,819,510
$16,459,734
+4%
Fees to Service Providers
$2,835,596
$2,942,956
+4%
Advertising & Promotion
$617,258
$910,976
+48%
Offices, Occupancy & IT
$2,900,900
$2,871,921
-1%
Interest
$0
$1,398
-
Depreciation
$5,405,768
$5,532,358
+2%
Other
$2,765,182
$3,012,994
+9%
Total Expenses
$30,344,214
$32,023,620
+6%
Net income
2023
2024
Change
Net income
-$8,912,320
-$5,365,761
+40%
Functional Expenses
Summary
2023
2024
Change
Program
$21,284,026
$20,904,488
-2%
Admin
$5,647,732
$7,823,369
+39%
Fundraising
$3,412,456
$3,295,763
-3%
Total Expenses
$30,344,214
$32,023,620
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)