New Haven Folk Inc
Nonprofit profile at a glance
- EIN
- 061574238
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- New Haven, CT, USA
- Phone
- 2033891155
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $95,661
- Expenses
- $98,706
- Assets
- $31,826
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ANNA GRACE BARRY (PRESIDENT)
- MARY JANE FAZEKAS (VICE PRESIDENT)
People named in this filing
- ANNA GRACE BARRY (PRESIDENT)
- MARY JANE FAZEKAS (VICE PRESIDENT)
- PIERCE CAMPBELL (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New haven folk, inc. Is committed to being a comprehensive guide to the folk, roots and americana music community, and to environmental initiatives in Connecticut and the surrounding region.the organization is dedicated to the furtherance of environmental initiatives that affect our local community and to the furtherance of music in all of its varied forms which may include, but is not limited to: folk, roots country, bluegrass, roots rock, blues, jazz, zydeco, world, western swing, roots gospel, celtic, and more.we provide performance opportunities for emerging talents, support the development of new work, pay tribute to individuals who have made distinctive or significant contributions to our musical and environmental culture, recognize those who have contributed to the betterment of the community, provide educational programs and events, and give rise to social and civic issues in our local community through musical endeavors.
What it reported doing in 2024
Ct folk fest & green expo: a series of concerts and environmental events held during the year including the folk music and environmental festival held september 7, 2024.
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -3.2%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.8% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: -0.3% per year; rating input score 0; 37th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.