Nia Tero 2022 Annual Report - Flipbook - Page 58
STANDING TOGETHER
In 2022, 86% of our $34 million in expenditures focused on our
program delivery to uphold and expand a global network of
place-anchored partnerships to secure Indigenous guardianship.
The remaining 14% supported our management, administrative, and
fundraising capacity.
Nia Tero raised a total of $18.9 million in revenue from a growing
portfolio of supports from around the world who share our values and
commitment to our work. As planned, we covered our expenses with
restricted and unrestricted assets that are designed to fund our multi-year
grantmaking commitments.
This year’s economic volatility caused widespread investment losses.
However, Nia Tero mitigated our losses to $1.1 million thanks to a
conservative investment strategy. We are moving into 2023 with a
healthy financial outlook that enables us to directly fund Indigenous
Peoples as they protect their homelands and waters.
8%
2%
PROGRAMS
OVERALL
$2,596,407
FUNDRAISING
$525,718
5%
SCIENCE &
LEARNING
$1,680,974
TOTAL
EXPENSES
BY PROGRAM
$33,679,911
12%
MANAGEMENT
& GENERAL
$4,199,972
26%
AMPLIFICATION
& SCALING
$8,606,062
58
2022 NIA TERO ANNUAL REPORT
48%
PLACEANCHORED
PARTNERSHIPS
$16,070,778
