Hay Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 891,641 | 133,771 | 757,870 | 68.0 | 0% |
| 2017 | 686,420 | 184,546 | 501,874 | 94.3 | 24% |
| 2018 | 263,812 | 410,936 | −147,124 | 38.0 | 32% |
| 2019 | 895,371 | 514,232 | 381,139 | 39.3 | 29% |
| 2020 | 408,410 | 559,894 | −151,484 | 32.8 | 22% |
| 2021 | 1,092,300 | 491,560 | 600,740 | 52.1 | 0% |
| 2022 | 3,248,257 | 256,776 | 2,991,481 | 239.5 | 0% |
| 2023 | 660,459 | 1,221,903 | −561,444 | 44.8 | 0% |
In its most recent public year (2023), this organization spent $561,444 more than it brought in. Its reserves stood at about 44.8 months of spending, down from 68 in 2016. Staff pay was 0% of spending. $2,512,453 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
Hay Center Foundation'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