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The New Festival Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133560387 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is The New Festival Inc?

The New Festival Inc, a 501(c)(3) non-profit organization, is based in Brooklyn, New York. Their primary mission is to promote awareness and unity within the LGBTQ+ community and their allies by showcasing a diverse range of international, domestic, and locally produced films, videos, and media. They achieve this through their annual LGBTQ Film Festival, which features over 140 films from 32 countries, attracting approximately 13,000 attendees. Additionally, they collaborate with over 150 community organizations across New York City to reach and engage various underserved groups within the LGBTQ+ community. With a team of seven individuals, The New Festival Inc aims to foster a sense of community and empowerment among its audience through their media arts events.


Official website here: www.newfest.org

Is The New Festival Inc legitimate?

The New Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Festival Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $152,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,183

For more financial information, click here


Official website here: www.newfest.org

What is the mission statement of The New Festival Inc?

The New Festival Inc, as a 501(c)(3) non-profit organization, is dedicated to promoting media arts and fostering a sense of community among LGBTQ+ audiences and their allies. Through showcasing international, domestic, and New York-centric films, videos, and other media, it aims to increase awareness and unity within this community. The organization collaborates with over 150 community organizations throughout New York City to reach out to various marginalized and underserved groups within the LGBTQ community. Its signature event is the annual LGBTQ Film Festival, featuring films from around the world, attracting over 13,000 attendees each October. This event contributes to the continuous growth of the festival.


Official website here: www.newfest.org

Who is the CEO of The New Festival Inc?

David Hatkoff is the Executive Director of The New Festival Inc.


Official website here: www.newfest.org

What is the revenue of The New Festival Inc?

The New Festival Inc's revenue in 2023 was $1,540,814.


Official website here: www.newfest.org

Who are the executives of The New Festival Inc and what are their salaries?

The average compensation at The New Festival Inc during 2023 was $56,996. There are 7 employees and 150 volunteers at The New Festival Inc.

Here are 20 key members and their salaries:

    David Hatkoff (Executive Director)
  • Compensation: $152,786
  • Related: $0
  • Other: $0

    • Afua Kafi-Akua (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aviva Michelman-Dumas (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Uriarte (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Alexis Jones (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bunge Okeyo (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Dima (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellery Washington (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabel Sandoval (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramon Torres (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Simons (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathew Lasky (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Brown (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Balaban (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Sasseen (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Lense (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Markman (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Berman (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Schiowitz (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Natale (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newfest.org

    Where can I find the form 990 for The New Festival Inc?

    The The New Festival Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.newfest.org

    Learn more at the official website: www.newfest.org

    Mission Statement of The New Festival Inc

    The New Festival Inc, a 501(c)(3) tax-exempt media arts organization, is dedicated to promoting awareness and fostering a sense of community among LGBTQ+ audiences and their allies. To achieve this objective, New Festival showcases a variety of international, domestic, and New York-centric films, videos, and other media. By partnering and co-presenting screenings and events with over 150 community organizations throughout New York City, the non-profit seeks to reach and engage all marginalized and underserved groups within the LGBTQ community.

    New Festival's most prominent program is its annual LGBTQ Film Festival, which takes place every October. This event features over 140 films from 32 countries, attracting over 13,000 attendees. The festival continues to grow, providing a platform for diverse voices and perspectives within the LGBTQ community. Through these initiatives, New Festival Inc strives to build bridges and strengthen connections among LGBTQ+ individuals and their allies, fostering a more inclusive and understanding society.

    Impact

    This information is meant to be a general summary of The New Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    The New Festival Inc, through its diverse programming and outreach efforts, plays a crucial role in fostering greater awareness and community among LGBTQ+ audiences and their allies. Their flagship program, the Annual LGBTQ Film Festival, serves as a platform to showcase international, domestic, and New York-centric film, video, and other media. By partnering with over 150 community organizations and co-presenting screenings and events throughout New York City, The New Festival Inc ensures that its impact extends to all marginalized and underserved groups within the LGBTQ community. With a history of featuring a wide range of films from 32 countries and attracting thousands of attendees, The New Festival Inc continues to grow its reach and influence, making a significant contribution to the LGBTQ arts and cultural landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,351
  • Program Service Revenue: $284,286
  • Gross Receipts: $1,540,814

    • Assets and Liabilities:
  • Total Assets: $1,229,611
  • Total Liabilities: $351,279
  • Net Assets: $878,332
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Festival income

    Revenue

    $192,011

    Other income

    Revenue

    $91,965

    Merchandise income

    Revenue

    $310

    Organization Details

    Founding Year

    1991

    Principal Officer

    David Hatkoff

    Main Address

    26 3rd Street STE 3L, Brooklyn, NY, 11231

    NTEE Category

    Code: A99Z - Arts

    If you are a representative of The New Festival Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.