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New York · Nonprofit

FENCE MAGAZINE INC

FENCE MAGAZINE INC (New York) receives grants from 4 organizations whose IRS filings report $60,039 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($33,500). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$54k
Funders on record
4
Grants received
$60k
Net assets
$53k
1/4 repeat funderspeak grant-dependency 27%
01What it does

What Fence Magazine Inc does

Mission

Publication of contemporary prose

As stated on its FY2024 Form 990-EZ.

Program

  1. Publication of literary books and magazines

    $106,004 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $106,004.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($79k) Expenses 100 ($52k) Net assets 100 ($223k)2018 Revenue 58 ($46k) Expenses 129 ($67k) Net assets 85 ($190k)2019 Revenue 90 ($71k) Expenses 144 ($74k) Net assets 84 ($187k)2020 Revenue 78 ($61k) Expenses 137 ($71k) Net assets 79 ($177k)2021 Revenue 112 ($88k) Expenses 167 ($86k) Net assets 80 ($179k)2022 Revenue 109 ($86k) Expenses 239 ($124k) Net assets 63 ($141k)2023 Revenue 75 ($59k) Expenses 175 ($91k) Net assets 49 ($109k)2024 Revenue 68 ($54k) Expenses 212 ($110k) Net assets 24 ($53k)
'17'18'19'20'21'22'23'24
Revenue (68)Expenses (212)Net assets (24)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 2017 to 2018, from $247k to $193k (−22%).

$247k
$193k
$190k
$201k
$202k
$164k
$132k
$77k
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

66% of FENCE MAGAZINE INC’s revenue is contributions — about as donation-reliant as the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$27k
’17
−$21k
’18
−$4k
’19
−$10k
’20
$2k
’21
−$38k
’22
−$32k
’23
−$56k
’24
03Who funds it

Who funds it, year by year

2020 → 2022: the base broadened from 1 funder to 2 funders, grant income rose $10k → $23k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% 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 FENCE MAGAZINE 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

FENCE MAGAZINE INC leans on a few funders — its largest provides 56% of grant income and the top three 90%; half comes from just 1 funder.

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

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FENCE MAGAZINE INC.

56%
largest funder
90%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 74% — diversifying over time.

“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

83% of FENCE MAGAZINE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from New York funders.

NY

Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 3 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

FENCE MAGAZINE INC's revenue fell 32% between 2017 and 2024.

Operating margin−104% · bottom quartile
Revenue growth (annualized)−5% · below the median

this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024

Government funding FENCE MAGAZINE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.

Federal$20k
grants $20kcontracts $0
17
18
Top agencies
  • National Endowment for the Arts$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FENCE MAGAZINE 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.

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for FENCE MAGAZINE 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 FENCE MAGAZINE INC?
FENCE MAGAZINE INC (New York) receives grants from 4 organizations whose IRS filings report $60,039 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($33,500). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FENCE MAGAZINE INC have?
IRS filings report 4 organizations giving $60,039 in grants to FENCE MAGAZINE INC, 1 of which have funded it in more than one year.
Who is the largest funder of FENCE MAGAZINE INC?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $33,500 in grants. The full list of funders is on this page.
How can an organization like FENCE MAGAZINE 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 Fence Magazine →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing