The New Festival Inc.

The New Festival Inc.

Brooklyn, NY 10001
Tax ID13-3560387

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About this organization

Revenue

$626,160

Expenses

$568,885

Mission

The New Festival, Inc. is a non-profit media arts organization that presents the annual New York Lesbian and Gay Film Festival; one of the most comprehensive forums of international lesbian, gay, bisexual, and transgender film/video in the world.

About

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)

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The new festival, inc. is a non-profit media arts organization that presents the annual new york lesbian and gay film festival; one of the most comprehensive forums of international lesbian, gay, bisexual, and transgender film/video in the world.”.

When discussing its purpose, they were characterized as: “The new festival, inc. is a non-profit media arts organization that presents the annual new york lesbian and gay film festival; one of the most comprehensive forums of international lesbian, gay, bisexual, and transgender film/video in the world.”.

  • The state in which the non-profit is legally authorized to operate is NY, as reported.
  • The filing confirms that the non-profit's address in 2020 was 601 West 26th Street 325-95, New York, NY, 10001.
  • The form of the non-profit reports 2 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $57,275.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization has 12 independent voting members.
  • The organization was formed in 1991.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $262,665 in salary, compensation, and benefits to its employees.
  • The organization pays $13,367 in fundraising expenses.
  • The organization has minutes of its meetings.

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