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North Carolina · Nonprofit

NEWTON DEPOT AUTHORITY

NEWTON DEPOT AUTHORITY (North Carolina) receives grants from 7 organizations whose IRS filings report $141,705 to it, the largest being THE BOLICK FOUNDATION ($74,736). 7 of them have funded it in more than one year.

Revenue FY2025
$285k
Funders on record
7
Grants received
$142k
Net assets
$1.7M
7/7 repeat funderspeak grant-dependency 18%
01What it does

What Newton Depot Authority does

Mission

To preserve and maintain the Newton Depot property and to establish a regional railroad museum with an educational component.

As stated on its FY2025 Form 990.

Program

  1. Expenses incured to maintain the property, expenses for office supplies to maintain the organization's records.

    $91,311 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $91,311.

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 ($88k) Expenses 100 ($56k) Net assets 100 ($1.2M)2021 Revenue 281 ($247k) Expenses 142 ($79k) Net assets 114 ($1.4M)2022 Revenue 225 ($198k) Expenses 147 ($82k) Net assets 124 ($1.5M)2023 Revenue 242 ($214k) Expenses 291 ($162k) Net assets 128 ($1.5M)2024 Revenue 130 ($115k) Expenses 178 ($99k) Net assets 129 ($1.6M)2025 Revenue 323 ($285k) Expenses 263 ($146k) Net assets 141 ($1.7M)
202020212022202320242025
Revenue (323)Expenses (263)Net assets (141)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 2020 to 2021, from $1.3M to $1.5M (+11%).

$1.3M
$1.5M
$1.6M
$1.6M
$1.6M
$1.7M
202020212022202320242025
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
2025
ContributionsProgram revenueInvestmentOther

90% of NEWTON DEPOT AUTHORITY’s revenue is contributions — more donation-reliant than the typical peer (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. 0 of the last 6 reported years ran a deficit.

$33k
’20
$169k
’21
$117k
’22
$52k
’23
$15k
’24
$138k
’25
20
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Vincent E Ferretti III

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed101011121113
Joined·+2+3+2+1+2
No longer listed·22120
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $1k → $28k.

2 of 7 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 NEWTON DEPOT AUTHORITY’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

NEWTON DEPOT AUTHORITY leans on a few funders — its largest provides 53% 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

53%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2020 96% · 2021 78% · 2022 43% · 2023 55% — 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

86% of NEWTON DEPOT AUTHORITY's grant income comes from North Carolina funders.

NY
NC

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

’18
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $26k 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

NEWTON DEPOT AUTHORITY runs a healthier operating margin than three-quarters of the 12,262 arts & culture nonprofits its size.

Operating margin49% · top quartile
Months of reserve20.2mo · top quartile
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025

Organizations like NEWTON DEPOT AUTHORITY

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 North Carolina

Nationally

05Profile & governance

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

Where the money goes

63% of spending goes to programs.

Program 63%Management 37%Fundraising 1%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

93%

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 NEWTON DEPOT AUTHORITY: 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 NEWTON DEPOT AUTHORITY?
NEWTON DEPOT AUTHORITY (North Carolina) receives grants from 7 organizations whose IRS filings report $141,705 to it, the largest being THE BOLICK FOUNDATION ($74,736). 7 of them have funded it in more than one year.
How many funders does NEWTON DEPOT AUTHORITY have?
IRS filings report 7 organizations giving $141,705 in grants to NEWTON DEPOT AUTHORITY, 7 of which have funded it in more than one year.
Who is the largest funder of NEWTON DEPOT AUTHORITY?
THE BOLICK FOUNDATION is the largest funder on record, with $74,736 in grants. The full list of funders is on this page.
How can an organization like NEWTON DEPOT AUTHORITY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 Newton Depot Authority →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 7 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