Nia Tero Annual Report 2023 ENGLISH Single pages - Flipbook - Page 74
2023
Financials
In 2023, Nia Tero raised a total of $27.5 million in revenue from
a growing portfolio of supporters 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. In 2023, 85% of our
nearly $43 million in expenditures focused on our program delivery to
support the self-determined needs of Indigenous Peoples and to plan
an active role in accelerating true allyship globally. The remaining 15%
supported our management, administrative, and fundraising capacities.
We are moving into 2024 with a healthy financial outlook that enables
us to directly fund Indigenous Peoples as they protect their homelands
and waters.
EXPENSES BY PROGRAM
2%
13%
2%
MANAGEMENT
& GENERAL
FUNDRAISING
$835,137
$5,403,453
SCIENCE
& LEARNING
$1,037,441
5%
PROGRAMS
OVERALL
$2,284,659
TOTAL
$42,924,146
53%
PLACE ANCHORED
PARTNERSHIPS
$22,602,410
25%
AMPLIFICATION
& SCALING
$10,761,046
74
Nia Tero Annual Report 2023
