New Festival, Inc. is a non-profit 501(c)(3) tax exempt media arts organization whose objective is to showcase international, domestic, and New York-centric film, video and other media to foster greater awareness and community among LGBTQ+ audiences and their allies.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.5M
+12.5% YoY
Revenue
$2.2M
+14.7% YoY
Net Investment Income
$49K
+81.8% YoY
Expenses
$2.2M
+27.2% YoY
About The New Festival Inc
Based on IRS filings
The New Festival Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. Net investment income was $49K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,503,900 | $1,336,608 | $1,229,611 |
| Revenue | $2,173,266 | $1,894,326 | $1,540,814 |
| Expenses | $2,150,357 | $1,690,156 | $1,225,228 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $49,490 | $27,228 | $9,351 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Open Grants
1 open opportunity from The New Festival Inc
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Hatkoff | Executive Director | 40 | $186,722 |
| Nick McCarthy | Director of Programming | — | $105,617 |
| Mike Balaban | Board Director | 2 | — |
| Ann Brown | Board Director | 2 | — |
| Mathew Lasky | Board Director | 2 | — |
| Ronald Lense | Board Director | 2 | — |
| Jane Sasseen | Board Director | 2 | — |
| Andrew Uriarte | Board Director | 2 | — |
| Afua Kafi-Akua | Board Director | 2 | — |
| Aviva Michelman-Dumas | Board Director | 2 | — |
| Isabel Sandoval | Board Director | 2 | — |
| Ramon Torres | Board Director | 2 | — |
| Thomas Dima | Board Director | 2 | — |
| Ellery Washington | Board Director | 2 | — |
| Michael Dinwiddie | Board Director | 2 | — |
| Bill Berman | Board Director | 2 | — |
| Sandy Markman | Board Director | 2 | — |
| Adam Natale | Board Director | 2 | — |
| Josh Schiowitz | Board Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The New Festival Inc?
The New Festival Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in BROOKLYN, NY. It holds $1.5M in total assets as of 2025.
How large is The New Festival Inc?
As of 2025, The New Festival Inc holds $1.5M in total assets with $2.2M in annual revenue.
What is The New Festival Inc's EIN?
The New Festival Inc's EIN (Employer Identification Number) is 13-3560387. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The New Festival Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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