New Dialect
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$250,000.00
Projected Expenses
$250,000.00
Organizational Budgets and Other Documents
| New Dialect FY24 Budget | 2024 |
| FY23 Budget | 2023 |
| FY22 Budget | 2022 |
| FY21 Budget | 2021 |
| FY20 Budget | 2020 |
| New Dialect FY2019 Budget | 2019 |
IRS Letter of Exemption
| New Dialect IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $217,297.00 | $159,642.00 | $149,942.00 |
| Total Expenses | $203,852.00 | $147,791.00 | $84,337.00 |
| Revenue Less Expenses | $13,445.00 | $11,851.00 | $65,605.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $5,000.00 | $5,000.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $158,949.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $11,424.00 | $95,332.00 | $93,903.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $41,924.00 | $59,310.00 | $56,039.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $109,586.00 | $72,791.00 | $29,337.00 |
| Administration Expense | $94,266.00 | $75,000.00 | $55,000.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 107% | 108% | 178% |
| Program Expense/Total Expenses | 54% | 49% | 35% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $158,949.00 | Contributions, Gifts, and Grants $95,332.00 | Contributions, Gifts, and Grants $93,903.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $41,924.00 | Program Revenue $59,310.00 | Program Revenue $56,039.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $11,424.00 | Foundations and Corporations $5,000.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $25,296.00 | $86,667.00 | $74,816.00 |
| Current Assets | $25,296.00 | $86,667.00 | $74,816.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $0.00 | $0.00 | $0.00 |
| Total Net Assets | $25,296.00 | $86,667.00 | $74,816.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| New Dialect's ability to provide programming-and thereby earn income-has been significantly challenged by the COVID-19 heath crisis. In response, operational expenses were strategically decreased during FY21, largely through a decrease in professional fees. Simultaneously, our organization was able to secure emergency financial support via municipal, state, and federal funding programs, while annual contributions remained at or near pre-pandemic levels. As a result, we closed FY21and FY22 in strong financial standing with net cash reserves. These funds continue to provide a firm footing for our organization to build our programming back up to pre-pandemic strength as restrictions ease going forward, and we return to performing and touring in FY23. New Dialect continues to have no debt. |
Foundation Staff Comments
| Financial figures taken from the Form 990, which was prepared internally by the nonprofit. In some years, foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Comments provided by Nicole Rose 06/11/2024. |
