Hub-Arts And Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 125,607 | 70,352 | 55,255 | 9.4 | — |
| 2019 | 58,947 | 53,596 | 5,351 | 18.1 | — |
| 2020 | 80,914 | 59,401 | 21,513 | 20.7 | — |
| 2021 | 10,011 | 698 | 9,313 | 1848.6 | — |
| 2022 | 102,803 | 97,587 | 5,216 | 13.8 | — |
| 2023 | 161,243 | 120,018 | 41,225 | 15.3 | — |
In its most recent public year (2023), this organization brought in $41,225 more than it spent. Its reserves stood at about 15.3 months of spending, up from 9.4 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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