Nonprofit · EIN 13-3560387
THE NEW FESTIVAL INC
Tax-exempt · BROOKLYN, NY 11231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2025 | 990 | $2,173,266 | $2,150,357 | $22,909 | $1,503,900 | $382,147 | $1,121,753 |
| January 31, 2024 | 990 | $1,894,326 | $1,690,156 | $204,170 | $1,336,608 | $240,391 | $1,096,217 |
Financial details: 990 for the year ended January 31, 2025
Revenue
- Contributions, gifts and grants
- $1,250,757
- of which government grants
- $126,160
- Membership dues
- $26,955
- Program service revenue
- $873,019
- Investment income
- $49,490
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $100,100
- Compensation of officers, directors and key employees
- $186,722
- Other salaries and wages
- $510,041
- Salaries, compensation and benefits (total)
- $825,226
- Professional fundraising fees
- $0
- Accounting fees
- $15,000
- Occupancy
- $76,285
- Travel
- $22,931
- Depreciation
- $2,245
- Program services (functional)
- $1,871,608
- Management and general (functional)
- $245,074
- Fundraising (functional)
- $33,675
Balance sheet and other
- Total assets, start of year
- $1,339,235
- Total assets, end of year
- $1,503,900
- Total liabilities, end of year
- $382,147
- Net assets, end of year
- $1,121,753
- Net assets without donor restrictions
- $1,121,753
- Gross receipts
- $2,173,266
- Employees
- 8
- Volunteers
- 17
- Year formed
- 1991
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended January 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Hatkoff | Executive Director Officer | 40 | $186,722 |
| Nick McCarthy | Director of Programming Highest-paid employee | 0 | $105,617 |
| Mike Balaban | Board Director Trustee or director | 2 | $0 |
| Ann Brown | Board Director Trustee or director | 2 | $0 |
| Mathew Lasky | Board Director Trustee or director | 2 | $0 |
| Ronald Lense | Board Director Trustee or director | 2 | $0 |
| Jane Sasseen | Board Director Trustee or director | 2 | $0 |
| Andrew Uriarte | Board Director Trustee or director | 2 | $0 |
| Afua Kafi-Akua | Board Director Trustee or director | 2 | $0 |
| Aviva Michelman-Dumas | Board Director Trustee or director | 2 | $0 |
| Isabel Sandoval | Board Director Trustee or director | 2 | $0 |
| Ramon Torres | Board Director Trustee or director | 2 | $0 |
| Thomas Dima | Board Director Trustee or director | 2 | $0 |
| Ellery Washington | Board Director Trustee or director | 2 | $0 |
| Michael Dinwiddie | Board Director Trustee or director | 2 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bill Berman | Board Director Trustee or director, Officer | 2 | $0 |
| Sandy Markman | Board Director Trustee or director, Officer | 2 | $0 |
| Adam Natale | Board Director Trustee or director, Officer | 2 | $0 |
| Josh Schiowitz | Board Director Trustee or director, Officer | 2 | $0 |
990 for the year ended January 31, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Hatkoff | Executive Director Officer | 40 | $173,501 |
| Afua Kafi-Akua | Board Director Trustee or director | 2 | $0 |
| Aviva Michelman-Dumas | Board Director Trustee or director | 2 | $0 |
| Andrew Uriarte | Board Director Trustee or director | 2 | $0 |
| Lisa Alexis Jones | Board Director Trustee or director | 2 | $0 |
| Bunge Okeyo | Board Director Trustee or director | 2 | $0 |
| Thomas Dima | Board Director Trustee or director | 2 | $0 |
| Ellery Washington | Board Director Trustee or director | 2 | $0 |
| Isabel Sandoval | Board Director Trustee or director | 2 | $0 |
| Ramon Torres | Board Director Trustee or director | 2 | $0 |
| Ron Simons | Board Director Trustee or director | 2 | $0 |
| Mathew Lasky | Board Director Trustee or director | 2 | $0 |
| Ann Brown | Board Director Trustee or director | 2 | $0 |
| Mike Balaban | Board Director Trustee or director | 2 | $0 |
| Jane Sasseen | Board Director Trustee or director | 2 | $0 |
| Ronald Lense | Board Director Trustee or director | 2 | $0 |
| Sandy Markman | Board Director Trustee or director, Officer | 2 | $0 |
| Bill Berman | Board Director Trustee or director, Officer | 2 | $0 |
| Josh Schiowitz | Board Director Trustee or director, Officer | 2 | $0 |
| Adam Natale | Board Director Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 26 3RD ST APT 3L, BROOKLYN, NY 11231-4835
- In care of
- % DAVID HATKOFF
- Principal officer (990 for 2024)
- David Hatkoff, 26 3rd Street No 3L, Brooklyn, NY 11231
- Signed the 990
- DAVID HATKOFF, EXECUTIVE DIRECTOR
- Phone
- (646) 526-8944
- Website
- www.Newfest.org
- Return prepared by
- Ketcham & Associates LLC
Mission
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.
Program accomplishments
- NewFests 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. NewFest partners and co-presents screenings and events with over 150 community organizations throughout New York City in an effort to reach all marginalized and underserved groups within the LGBTQ community. NewFests signature program is New Yorks Annual LGBTQ Film Festival (featuring 144 films from 32 countries over 7 days; 13,000 attendees) which occurs every October and continues to grow. (Continued Schedule O)Expenses $1,871,608 · revenue $2,173,265
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | Not on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990 on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990 on file |
IRS record
- EIN
- 13-3560387
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A99Z)
- Assets (IRS master file)
- $1,503,900
- Income (IRS master file)
- $2,173,266
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | January 2025 | $2,173,266 | $2,150,357 | $1,503,900 | XML |
| 990 | January 2024 | $1,894,326 | $1,690,156 | $1,336,608 | XML |
| 990 | January 2023 | $1,540,814 | $1,225,228 | $1,229,611 | IRS |
| 990 | January 2022 | – | – | – | IRS |
| 990 | January 2021 | – | – | – | IRS |
| 990 | January 2020 | – | – | – | IRS |
| 990 | January 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3560387).
Questions about THE NEW FESTIVAL INC
- What is the EIN of THE NEW FESTIVAL INC?
- The employer identification number (EIN) of THE NEW FESTIVAL INC is 13-3560387.
- Is THE NEW FESTIVAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to THE NEW FESTIVAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NEW FESTIVAL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE NEW FESTIVAL INC due?
- The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NEW FESTIVAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended January 2025.
- Who is the principal officer of THE NEW FESTIVAL INC?
- The 990 for the year ended January 31, 2025 names David Hatkoff.
- Who are the officers and directors of THE NEW FESTIVAL INC?
- The 990 for the year ended January 31, 2025 lists 19 people; 2 received compensation from the organization, the highest $186,722 (David Hatkoff, Executive Director).
- How much revenue does THE NEW FESTIVAL INC have?
- On its 990 for the year ended January 31, 2025 it reported revenue of $2,173,266, expenses of $2,150,357 and total assets of $1,503,900 at year end.
Other nonprofits in BROOKLYN
- BROOKLYN INSTITUTE OF ARTS AND SCIENCES EIN 11-1672743 · last filed 990 for 2025
- POWERHOUSE ARTS INC EIN 46-0776852 · last filed 990 for 2025
- BRIC ARTS MEDIA BKLYN INC EIN 11-2547268 · last filed 990 for 2025
- STORYCORPS INC EIN 13-3753011 · last filed 990 for 2024
- THE BROOKLYN QUEENS CONSERVATORY OF MUSIC EIN 11-1532426 · last filed 990 for 2025
- BROOKLYN CHILDRENS MUSEUM CORP EIN 11-2495664 · last filed 990 for 2025
- PIONEER WORKS ART FOUNDATION EIN 46-1097738 · last filed 990 for 2024
- DISCALCED INC EIN 13-3577394 · last filed 990 for 2025
All nonprofits in BROOKLYN · New York · Arts, culture and humanities