The New Inquiry Inc
Nonprofit profile at a glance
- EIN
- 611631310
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990-EZ 2016, Form 990-N 2015
- Location
- Brooklyn, NY, USA
- Phone
- 2126432036
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $58,241
- Expenses
- $47,396
- Assets
- $11,269
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- RACHEL ROSENFELT (President)
People named in this filing
- RACHEL ROSENFELT (President)
- MOIRA WEIGEL (Vice Presient)
- ARIELLA THORNHILL (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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To activate and maintain an ecosystem of cultural engagement and dialogue. To create and sustain scalable digital platforms and in person community based events to advance a culture of social and artistic criticism, critical inquiry and civic debate.
What it reported doing in 2016
Published a monthly on line magazine with a wide variety of essays, articles, reviews and letters. Hosted a number of live events featuring guest speakers and screenings offering public participation and interaction.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 47
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.9%; rating input score 80
- Program expense ratio: 98.2%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.6%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.24; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 79.9% of revenue deployed · 98.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.