FUND FOR THE ARTS INC
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$6,517,943
Contributions
N/A
Investments
N/A
Government Grants
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$6,063,765
Grants
66%
Salaries & Benefits
25%
Offices, Occupancy & IT
4%
Other
4%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$4,144,130
$5,287,870
+28%
Government Grants
$1,310,124
$787,983
-40%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
-$295,901
$948,714
-421%
Other
$584,844
-$506,624
-187%
Total Revenues
$5,743,197
$6,517,943
+13%
Expenses
2023
2024
Change
Grants
$4,375,249
$4,007,863
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,442,729
$1,534,601
+6%
Fees to Service Providers
$66,596
$42,900
-36%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$249,490
$265,175
+6%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$308,397
$213,226
-31%
Total Expenses
$6,442,461
$6,063,765
-6%
Net income
2023
2024
Change
Net income
-$699,264
+$454,178
-165%
Functional Expenses
Summary
2023
2024
Change
Program
$5,105,180
$4,864,424
-5%
Admin
$531,609
$375,880
-29%
Fundraising
$805,672
$823,461
+2%
Total Expenses
$6,442,461
$6,063,765
-6%
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