Arts, Culture, Humanities : Museums

Newfields

Fostering exploration of art, design, and the natural environment

four stars

90.91

4000 Michigan Road Indianapolis, IN 46208
tel: (317) 923-1331   Web Site
EIN: 35-0867955

Board Leadership
Katie Betley
Chair

CEO
Charles L. Venable
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 90.91 four stars
  Financial 87.50 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1883, serves the creative interests of its communities by fostering exploration of art, design, and the natural environment. With a collection of over 50,000 works of art, Newfields promotes these interests through the collection, presentation, interpretation and conservation of its artistic, historic, and environmental assets. Newfields also features national and international traveling exhibitions throughout the year. Upon completion, the Virginia B. Fairbanks Art & Nature Park will provide an urban oasis with 100 acres of woodlands, wetlands, lake and meadows located adjacent to the Museum. Oldfields-Lilly House & Gardens offers visitors a glimpse into the lives of one of Indianapolis's most interesting and prominent families, the Josiah K Lilly Jr. Family.

Founded in 1883, serves the creative interests of its communities by fostering exploration of art, design, and the natural environment. With a collection of over 50,000 works of art, Newfields promotes these interests through the collection, presentation, interpretation and conservation of its artistic, historic, and environmental assets. Newfields also features national and international traveling exhibitions throughout the year. Upon completion, the Virginia B. Fairbanks Art & Nature Park will provide an urban oasis with 100 acres of woodlands, wetlands, lake and meadows located adjacent to the Museum. Oldfields-Lilly House & Gardens offers visitors a glimpse into the lives of one of Indianapolis's most interesting and prominent families, the Josiah K Lilly Jr. Family.

Impact Information

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Financial

three stars

87.50

Accountability & Transparency

four stars

97.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
75.7%
  Administrative Expenses 16.1%
  Fundraising Expenses 8.0%
  Fundraising Efficiency $0.19
  Working Capital Ratio (years) 6.61
  Program Expenses Growth 2.7%
  Liabilities to Assets 18.1%
All data for Financial Performance Metrics calculations was provided by Newfields on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Newfields on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $15,278,000
   Federated Campaigns $0
   Membership Dues $1,004,622
   Fundraising Events $0
   Related Organizations $0
   Government Grants $365,700
Total Contributions $16,648,322
   Program Service Revenue $3,552,536
Total Primary Revenue $20,200,858
   Other Revenue $21,845,205
TOTAL REVENUE $42,046,063
   
EXPENSES  
   Program Expenses $28,716,234
   Administrative Expenses $5,289,117
   Fundraising Expenses $3,204,580
TOTAL FUNCTIONAL EXPENSES $37,209,931
   
Payments to Affiliates $0
Excess (or Deficit) for the year $4,836,132
   
Net Assets $384,270,898

Charts

Compensation % of Expenses Paid to Title
$757,747 2.03% Charles Venable Director, CEO

Mission

Founded in 1883, serves the creative interests of its communities by fostering exploration of art, design, and the natural environment. With a collection of over 50,000 works of art, Newfields promotes these interests through the collection, presentation, interpretation and conservation of its artistic, historic, and environmental assets. Newfields also features national and international traveling exhibitions throughout the year. Upon completion, the Virginia B. Fairbanks Art & Nature Park will provide an urban oasis with 100 acres of woodlands, wetlands, lake and meadows located adjacent to the Museum. Oldfields-Lilly House & Gardens offers visitors a glimpse into the lives of one of Indianapolis's most interesting and prominent families, the Josiah K Lilly Jr. Family.

Highly Rated

Charity Name & State Overall Score Overall Rating
Newfields (IN) 90.91 four stars
Portland Art Museum (OR) 90.09 four stars
Reynolda House Museum of American Art (NC) 93.93 four stars
The Columbus Museum (GA) 87.21 three stars
North Carolina Museum of Art Foundation (NC) 91.02 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Newfields
4000 Michigan Road
Indianapolis, IN 46208
tel: (317) 923-1331
fax: (317) 931-1978
EIN: 35-0867955

Visit Web Site

Board Leadership

Katie Betley
Chair

CEO

Charles L. Venable
Chief Executive Officer