Hip Hop Theater Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 601,228 | 822,973 | −221,745 | 0.8 | 10% |
| 2013 | 315,562 | 374,922 | −59,360 | -0.2 | 20% |
| 2014 | 473,842 | 441,552 | 32,290 | 0.7 | 25% |
| 2015 | 1,302,568 | 458,251 | 844,317 | 21.9 | 17% |
| 2016 | 122,122 | 615,277 | −493,155 | 6.7 | 21% |
| 2017 | 176,816 | 462,693 | −285,877 | 2.0 | 30% |
| 2018 | 321,633 | 396,530 | −74,897 | 1.0 | 36% |
| 2019 | 545,632 | 481,298 | 64,334 | 2.4 | 32% |
| 2020 | 538,389 | 482,228 | 56,161 | 3.8 | 46% |
| 2021 | 864,743 | 510,734 | 354,009 | 11.9 | 54% |
| 2022 | 1,114,723 | 767,671 | 347,052 | 13.4 | 44% |
| 2023 | 639,660 | 923,591 | −283,931 | 7.4 | 45% |
In its most recent public year (2023), this organization spent $283,931 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 0.8 in 2012. Staff pay was 45% of spending. $175,000 of its net assets are donor-restricted.
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
Hip Hop Theater Festival 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