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Indiana · Nonprofit

Newfields Inc

Newfields Inc (Indiana) receives grants from 70 organizations whose IRS filings report $49,767,578 to it, the largest being LILLY ENDOWMENT INC ($30,673,847). 48 of them have funded it in more than one year.

$31M
Revenue FY2025
70
Funders on record
$50M
Grants received
$489M
Net assets
48/70 repeat funderspeak grant-dependency 52%

Against its field

Newfields Inc's funding base is broadening — from 17 funders to 37 as grant income climbed.

Operating margin−62% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 501 arts & culture nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($42M) Expenses 100 ($34M) Net assets 100 ($372M)2018 Revenue 101 ($42M) Expenses 108 ($37M) Net assets 103 ($384M)2019 Revenue 185 ($77M) Expenses 106 ($36M) Net assets 106 ($395M)2020 Revenue 122 ($51M) Expenses 104 ($36M) Net assets 104 ($389M)2021 Revenue 125 ($52M) Expenses 107 ($37M) Net assets 132 ($491M)2022 Revenue 131 ($54M) Expenses 124 ($43M) Net assets 123 ($459M)2023 Revenue 149 ($62M) Expenses 134 ($46M) Net assets 125 ($466M)2024 Revenue 122 ($51M) Expenses 149 ($51M) Net assets 128 ($477M)2025 Revenue 73 ($31M) Expenses 144 ($49M) Net assets 131 ($489M)
'17'18'19'20'21'22'23'24'25
Revenue (73)Expenses (144)Net assets (131)Peer revenue range

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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 0% · 2020 1% · 2021 8% · 2022 6% · 2023 1% · 2024 1% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

26% of Newfields Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 816 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$7.3M
17
$4.8M
18
$41M
19
$15M
20
$15M
21
$12M
22
$16M
23
$410k
24
$19M
25
0.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 17 funders to 37 funders, grant income rose $2.6M → $32M.

12 of 70 of your funders are donor-advised or pass-through sponsors (tagged DAF)9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.7M from 6 payers (the payer shares this organization's board, largest The Indianapolis Foundation Inc). These are real filings, and they are not money Newfields Inc raised.

From the IRS filings of Newfields Inc’s funders (the co-funder graph). Top 30 of 70 funders by total. 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

Newfields Inc leans on a few funders — its largest provides 62% of grant income and the top three 82%; half comes from just 1 funder.

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

62%
largest funder
82%
top three
~2
effective funders

Largest funder’s share by year: 2017 72% · 2018 89% · 2019 45% · 2020 72% · 2021 45% · 2022 53% · 2023 9%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.

How long its funders stay

58% of Newfields Inc's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of Newfields Inc's grant income comes from Indiana funders.

IL
MI
NY
IN
NJ
CA
CO
MO
DE
NC
DC
LA
GA
FL

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

17
18
19
20
21
22
23
Indiana out of state home

Funder states come from each funder’s own filing. $4.6M arriving through sponsors registered in 11 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 70 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Newfields Inc

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

In Indiana

Nationally

04Profile & governance

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

Where the money goes

75% of spending goes to programs.

Program 75%Management 16%Fundraising 9%

Governance

25
board members
96%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

52%

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

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 2 related entities

  • Oldfields LLC · disregarded
  • Charitable Remainder Trusts (2) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Newfields 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Newfields Inc?
Newfields Inc (Indiana) receives grants from 70 organizations whose IRS filings report $49,767,578 to it, the largest being LILLY ENDOWMENT INC ($30,673,847). 48 of them have funded it in more than one year.
How many funders does Newfields Inc have?
IRS filings report 70 organizations giving $49,767,578 in grants to Newfields Inc, 48 of which have funded it in more than one year.
Who is the largest funder of Newfields Inc?
LILLY ENDOWMENT INC is the largest funder on record, with $30,673,847 in grants. The full list of funders is on this page.
How can an organization like Newfields Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 70funders 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 August 27, 2026. What this page cannot tell you · view filing