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
Ready to take the next step with The New Festival Inc?
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 .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The New Festival Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities