NATIONAL ENDOWMENT FOR DEMOCRACY
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$356,168,378
Government Grants
>99%
Contributions
<1%
Program Services
<1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$355,484,414
Grants
83%
Salaries & Benefits
11%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$875,165
$957,243
+9%
Government Grants
$362,047,237
$354,129,218
-2%
Fundraising Events
$0
$0
-
Program Services
$508
$840,866
+165425%
Membership Dues
$0
$0
-
Investments
$78,186
$237,918
+204%
Other
$480
$3,133
+553%
Total Revenues
$363,001,576
$356,168,378
-2%
Expenses
2023
2024
Change
Grants
$306,852,443
$296,729,895
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$37,376,398
$40,696,897
+9%
Fees to Service Providers
$4,052,972
$3,506,348
-13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$8,744,581
$8,743,647
0%
Interest
$0
$0
-
Depreciation
$1,254,780
$1,673,817
+33%
Other
$4,933,819
$4,133,810
-16%
Total Expenses
$363,214,993
$355,484,414
-2%
Net income
2023
2024
Change
Net income
-$213,417
+$683,964
-420%
Functional Expenses
Summary
2023
2024
Change
Program
$328,898,233
$320,424,254
-3%
Admin
$34,316,760
$35,060,160
+2%
Fundraising
$0
$0
-
Total Expenses
$363,214,993
$355,484,414
-2%
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