FRIENDS OF THE HIGH LINE INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$18,425,398
Contributions
45%
Other
16%
Fundraising Events
13%
Program Services
12%
Investments
11%
Government Grants
2%
Membership Dues
<1%
Expenses in 2024
$22,705,723
Salaries & Benefits
63%
Other
23%
Fees to Service Providers
7%
Offices, Occupancy & IT
7%
Depreciation
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$12,877,577
$8,360,872
-35%
Government Grants
$297,999
$309,866
+4%
Fundraising Events
$2,376,960
$2,393,012
+1%
Program Services
$2,251,585
$2,243,046
0%
Membership Dues
$83,700
$123,036
+47%
Investments
$1,800,878
$2,036,470
+13%
Other
$1,282,271
$2,959,096
+131%
Total Revenues
$20,970,970
$18,425,398
-12%
Expenses
2023
2024
Change
Grants
$20,000
$25,000
+25%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,184,337
$14,293,033
+8%
Fees to Service Providers
$1,629,358
$1,609,528
-1%
Advertising & Promotion
$0
$11,249
-
Offices, Occupancy & IT
$1,400,960
$1,498,270
+7%
Interest
$0
$0
-
Depreciation
$153,052
$85,699
-44%
Other
$6,488,051
$5,182,944
-20%
Total Expenses
$22,875,758
$22,705,723
-1%
Net income
2023
2024
Change
Net income
-$1,904,788
-$4,280,325
-125%
Functional Expenses
Summary
2023
2024
Change
Program
$16,346,354
$15,880,664
-3%
Admin
$3,173,483
$3,232,258
+2%
Fundraising
$3,355,921
$3,592,801
+7%
Total Expenses
$22,875,758
$22,705,723
-1%
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