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New York · Nonprofit

CULTURAL HERITAGE FINANCE ALLIANCE INC

CULTURAL HERITAGE FINANCE ALLIANCE INC (New York) receives grants from 8 organizations whose IRS filings report $694,500 to it, the largest being THE ANDREW W MELLON FOUNDATION ($400,000). 3 of them have funded it in more than one year.

Revenue FY2024
$770k
Funders on record
8
Grants received
$695k
Net assets
$535k
3/8 repeat funderspeak grant-dependency 81%
01What it does

What Cultural Heritage Finance Alliance Inc does

Mission

The cultural heritage finance alliance (chifa) promotes heritage-led regeneration through collaborative and innovative financing solutions. Chifa aims to build a global marketplace and a supportive ecosystem of expertise and civic interests premised on opportunities for capital investment in historic places. Heritage-led regeneration stimulates local economies and strengthens communities. At a time when accelerating climate change, catastrophic natural disasters, sustained conflicts and a global health pandemic are rapidly changing the world as we know it, historic environments provide cultural grounding, reinforce well-being, and foster a sense of common humanity and collective identity. It is important for heritage places to survive and prosper and it is within our collective ability to see that they do. Chifa makes the case that historic places are unique assets that embody many of the values that sustainable development seeks to capture.

As stated on its FY2024 Form 990.

Program

  1. The cultural heritage finance alliance (chifa) promotes heritage-led regeneration through collaborative and innovative financing solutions. Chifa aims to build a global marketplace and a supportive ecosystem of expertise and civic interests premised on opportunities for capital investment in historic places.

    $216,306 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $216,306.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($50k) Expenses 100 ($52k) Net assets -2 ($-710)2021 Revenue 133 ($67k) Expenses 271 ($141k) Net assets -237 ($-75130)2022 Revenue 57 ($28k) Expenses 56 ($29k) Net assets -240 ($-76168)2023 Revenue 267 ($134k) Expenses 51 ($27k) Net assets 100 ($32k)2024 Revenue 1531 ($770k) Expenses 510 ($267k) Net assets 1688 ($535k)
20202021202220232024
Revenue (1531)Expenses (510)Net assets (1688)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $195k to $650k (+233%).

$49k
$103k
$82k
$195k
$650k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of CULTURAL HERITAGE FINANCE ALLIANCE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$2k
’20
−$74k
’21
−$1k
’22
$108k
’23
$503k
’24
18
months of
reserve
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $10k → $109k.

2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CULTURAL HERITAGE FINANCE ALLIANCE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CULTURAL HERITAGE FINANCE ALLIANCE INC leans on a few funders — its largest provides 58% of grant income and the top three 88%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

58%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2021 80% · 2022 71% · 2023 92% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

98% of CULTURAL HERITAGE FINANCE ALLIANCE INC's grant income comes from New York funders.

NY
MA

In-state vs out-of-state, by year

’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $125k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CULTURAL HERITAGE FINANCE ALLIANCE INC runs a healthier operating margin than three-quarters of the 17,953 arts & culture nonprofits its size.

Operating margin65% · top quartile
Months of reserve17.7mo · top quartile
Revenue growth (annualized)98% · top quartile

this organization peer median middle 50% of peers· 17,953 arts & culture nonprofits $100k–$1M, FY2024

Organizations like CULTURAL HERITAGE FINANCE ALLIANCE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 17%Fundraising 1%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for CULTURAL HERITAGE FINANCE ALLIANCE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CULTURAL HERITAGE FINANCE ALLIANCE INC?
CULTURAL HERITAGE FINANCE ALLIANCE INC (New York) receives grants from 8 organizations whose IRS filings report $694,500 to it, the largest being THE ANDREW W MELLON FOUNDATION ($400,000). 3 of them have funded it in more than one year.
How many funders does CULTURAL HERITAGE FINANCE ALLIANCE INC have?
IRS filings report 8 organizations giving $694,500 in grants to CULTURAL HERITAGE FINANCE ALLIANCE INC, 3 of which have funded it in more than one year.
Who is the largest funder of CULTURAL HERITAGE FINANCE ALLIANCE INC?
THE ANDREW W MELLON FOUNDATION is the largest funder on record, with $400,000 in grants. The full list of funders is on this page.
How can an organization like CULTURAL HERITAGE FINANCE ALLIANCE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cultural Heritage Finance Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing