Charlotte Hornets Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 381,020 | 228,937 | 152,083 | 18.5 | 0% |
| 2012 | 243,908 | 317,115 | −73,207 | 10.6 | 0% |
| 2013 | 561,835 | 437,885 | 123,950 | 11.1 | 0% |
| 2014 | 1,032,620 | 799,777 | 232,843 | 9.6 | 6% |
| 2015 | 548,324 | 604,526 | −56,202 | 11.5 | 8% |
| 2016 | 459,855 | 549,302 | −89,447 | 10.7 | 13% |
| 2017 | 406,214 | 340,477 | 65,737 | 19.6 | 8% |
| 2018 | 398,155 | 435,206 | −37,051 | 10.8 | 0% |
| 2019 | 622,966 | 472,872 | 150,094 | 15.3 | 0% |
| 2020 | 327,400 | 443,809 | −116,409 | 13.8 | 0% |
| 2021 | 174,079 | 214,781 | −40,702 | 26.2 | 0% |
| 2022 | 410,729 | 276,833 | 133,896 | 28.0 | 0% |
| 2023 | 1,346,185 | 399,294 | 946,891 | 47.9 | 0% |
In its most recent public year (2023), this organization brought in $946,891 more than it spent. Its reserves stood at about 47.9 months of spending, up from 18.5 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Charlotte Hornets Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works