New Harmony Project Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1988, with $506,461 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$506K
▲ 16.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$417K
Net assets
$314K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Harmony Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Harmony Project Inc: 9 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Harmony Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Harmony Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $188K (FY2011) to $506K (FY2023) across 13 reported years.
Financial snapshot
Operating margin
17.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$334K
Total liabilities
$19K
Net assets
$314K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $506,461▲16.6% | $416,701▼15.4% | $314,462▲44.1% | $333,673▲38.7% | 990 |
| 2022 | $434,477▼1.0% | $492,830▼8.2% | $218,245▼20.9% | $240,514▼16.9% | 990 |
| 2021 | $438,699▲30.0% | $536,713▲212% | $276,078▼27.5% | $289,365▼29.5% | 990 |
| 2020 | $337,515▲31.3% | $171,764▼7.4% | $380,890▲55.9% | $410,577▲50.7% | 990 |
| 2019 | $257,093▼11.9% | $185,501▼42.7% | $244,244▲40.9% | $272,370▼0.4% | 990 |
| 2018 | $291,778▲9.9% | $323,822▲43.9% | $173,345▼17.8% | $273,395▲25.1% | 990 |
| 2017 | $265,395▲28.3% | $225,030▲0.4% | $210,794▲23.7% | $218,525▲7.5% | 990 |
| 2016 | $206,924▲2.4% | $224,193▼2.0% | $170,429▼9.2% | $203,200▲6.1% | 990 |
| 2015 | $202,093▼2.0% | $228,657▲19.3% | $187,698▼12.4% | $191,579▼14.9% | 990 |
| 2014 | $206,120▲29.9% | $191,703▼6.5% | $214,262▲7.2% | $225,038▲10.3% | 990 |
| 2013 | $158,623▼0.6% | $204,950▼8.0% | $199,845▼18.8% | $204,043▼18.2% | 990EZ |
| 2012 | $159,651▼15.0% | $222,804▲6.6% | $246,232▼20.1% | $249,406▼29.8% | 990EZ |
| 2011 | $187,737 | $208,997▲7.3% | $308,056▼6.5% | $355,142▲7.6% | 990EZ |
| 2010 | — | $194,831 | $329,316 | $329,927 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
19 grants to New Harmony Project Inc totaling $478K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Indiana Community Foundation Inc | 2024 distribution | 2024 | $65,000 |
| Indianapolis Foundation Inc | To be used at the organization's discretion | 2024 | $25,250 |
| Central Indiana Community Foundation Inc | 2023 board resolution distribution | 2023 | $40,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $11,000 |
| Central Indiana Community Foundation Inc | Board resolution distribution | 2022 | $29,190 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $6,000 |
| Central Indiana Community Foundation Inc | 2021 distribution | 2021 | $26,250 |
| Central Indiana Community Foundation Inc | General operating support | 2020 | $35,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $11,550 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2020 | $11,550 |
| Central Indiana Community Foundation Inc | 2019 distribution- board resolution | 2019 | $60,968 |
| Network For Good Inc | Unrestricted | 2019 | $5,000 |
| Central Indiana Community Foundation Inc | General operating/writer's residency | 2018 | $35,000 |
| Central Indiana Community Foundation Inc | General operating support | 2017 | $26,000 |
| Central Indiana Community Foundation Inc | 2016 general operating support | 2016 | $25,000 |
Explore more
Data for New Harmony Project Inc (EIN 35-1728624) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.