NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$12,404,035
Contributions
N/A
Fundraising Events
N/A
Investments
N/A
Government Grants
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$11,972,010
Salaries & Benefits
42%
Other
32%
Grants
11%
Fees to Service Providers
10%
Offices, Occupancy & IT
2%
Advertising & Promotion
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$8,273,997
$9,177,906
+11%
Government Grants
$356,771
$359,871
+1%
Fundraising Events
$1,567,797
$1,959,700
+25%
Program Services
$215,553
$284,469
+32%
Membership Dues
$0
$0
-
Investments
$979,853
$1,338,923
+37%
Other
$562,721
-$716,834
-227%
Total Revenues
$11,956,692
$12,404,035
+4%
Expenses
2023
2024
Change
Grants
$1,079,689
$1,342,958
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,619,402
$4,986,218
+8%
Fees to Service Providers
$1,031,037
$1,137,916
+10%
Advertising & Promotion
$236,590
$278,022
+18%
Offices, Occupancy & IT
$117,836
$278,696
+137%
Interest
$0
$0
-
Depreciation
$85,342
$94,081
+10%
Other
$2,973,514
$3,854,119
+30%
Total Expenses
$10,143,410
$11,972,010
+18%
Net income
2023
2024
Change
Net income
+$1,813,282
+$432,025
-76%
Functional Expenses
Summary
2023
2024
Change
Program
$8,211,685
$9,790,063
+19%
Admin
$831,060
$839,015
+1%
Fundraising
$1,100,665
$1,342,932
+22%
Total Expenses
$10,143,410
$11,972,010
+18%
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