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New York Foundation for the Arts
New York Foundation for the Arts reported $24.2 million in revenue and $17.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.33 went to program services, $5.19 to management and general costs and $3.48 to fundraising. Its largest source of revenue was contributions and grants: 91.2% of the total. Government grants made up 17.6%. The highest compensation it reported for one person was $480,110 (CHIEF EXECUTIVE OFFICER). 6 people received more than $100,000 in reportable compensation. Revenue rose 127% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24M- Contributions & grants (non-government)$73.38 $18M
- Government grants$17.54 $4.2M
- Program service revenue$8.58 $2.1M
- Investment income$0.50 $121K
Other revenue was negative: −$64,244. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.3% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.5% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.2% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 17.6% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 8.6% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $480,110 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.76% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 6 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 12.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 27 of 27 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFiscal sponsorships: since 1976, nyfa has provided fiscal sponsorships to individual artists and emerging organizations, making it the oldest program of its kind in the country. It makes it possible for individuals and organizations without not-for-profit status to raise funds for upcoming films, theatrical performances, art installations, and other projects
Nyfa learning: nyfa learning provides artists with professional development opportunities. These opportunities are provided through workshops, mentoring programs, networking events, collaborations, and a variety of resources
Nyc made in ny women's film: the nyc women's fund for media, music, and theatre ("women's fund"), administered by the New York Foundation for the arts (nyfa) in partnership with the city of New York mayor's office of media and entertainment (mome), is part of a groundbreaking series of initiatives that address the underrepresentation of women in film, music, television, and theatre. The fund provides grants to encourage and support the creation of content that reflect the voices and perspectives of all who identify as women
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 60.00 hrs/week | $468,091 | $0 | $12,019 | $480,110 |
| OF FINANCE & ADMINISTRATION Officer, 50.00 hrs/week | $158,868 | $0 | $37,998 | $196,866 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $139,212 | $0 | $13,397 | $152,609 |
| DIRECTOR OF DEVELOPMENT Highest compensated employee, 50.00 hrs/week | $129,175 | $0 | $12,868 | $142,043 |
| DIRECTOR OF TECHNOLOGIES Highest compensated employee, 40.00 hrs/week | $116,395 | $0 | $0 | $116,395 |
| DIRECTOR OF LEARNING Highest compensated employee, 40.00 hrs/week | $100,909 | $0 | $12,962 | $113,871 |
6 people received more than $100,000 in reportable compensation from New York Foundation for the Arts (Part VII, line 2). Compensation of current officers, directors and key employees totaled $709K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b27 · 27 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 532
- Volunteers Part I, line 627
Private foundation grants it received
61 private foundations reported grants to New York Foundation for the Arts totaling $5.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from New York Foundation for the Arts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New York Foundation for the Arts, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New York Foundation for the Arts spent in FY2025, $91.33 went to programs. The full breakdown, from its IRS Form 990:
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All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of New York Foundation for the Arts's spending goes to programs?
In the fiscal year ending June 30, 2025, New York Foundation for the Arts reported that 91.3% of its $17.4 million in expenses went to program services, 5.2% to management and general and 3.5% to fundraising (Form 990, Part IX).
How much does New York Foundation for the Arts pay its top executive?
The largest total compensation New York Foundation for the Arts reported for one person in the fiscal year ending June 30, 2025 was $480,110, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New York Foundation for the Arts get its money?
Of $24.2 million in revenue in the fiscal year ending June 30, 2025, 91.2% came from contributions and grants (including 17.6% from government grants) and 8.6% from program service revenue (Form 990, Part VIII).
Is New York Foundation for the Arts a registered charity?
The IRS lists EIN 23-7129564 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641329349303514 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349307280 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349309251 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311339349301466 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349302935 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111269349302296 · read the filing
All filings for EIN 23-7129564: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.