Hatch - A Hamtramck Art Collective
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 127,202 | 109,403 | 17,799 | 14.1 | — |
| 2017 | 50,430 | 85,107 | −34,677 | 13.2 | — |
| 2018 | 57,686 | 56,257 | 1,429 | 20.3 | — |
| 2019 | 46,183 | 38,926 | 7,257 | 31.6 | — |
| 2020 | 47,159 | 54,076 | −6,917 | 21.2 | — |
| 2021 | 80,861 | 41,929 | 38,932 | 38.5 | — |
| 2022 | 72,409 | 84,867 | −12,458 | 42.3 | — |
| 2023 | 68,833 | 70,237 | −1,404 | 50.9 | — |
In its most recent public year (2023), this organization spent $1,404 more than it brought in. Its reserves stood at about 50.9 months of spending, up from 14.1 in 2016.
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
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