Hanover Tavern Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 216,561 | 224,334 | −7,773 | 231.9 | 30% |
| 2012 | 462,967 | 511,152 | −48,185 | 101.9 | 29% |
| 2013 | 756,072 | 521,945 | 234,127 | 105.2 | 29% |
| 2014 | 1,214,125 | 561,193 | 652,932 | 111.8 | 29% |
| 2015 | 557,765 | 470,021 | 87,744 | 135.7 | 32% |
| 2016 | 374,813 | 468,092 | −93,279 | 133.9 | 32% |
| 2017 | 538,545 | 515,838 | 22,707 | 122.0 | 33% |
| 2018 | 486,564 | 743,765 | −257,201 | 80.5 | 24% |
| 2019 | 561,013 | 572,349 | −11,336 | 104.3 | 28% |
| 2020 | 355,143 | 509,631 | −154,488 | 113.5 | 26% |
| 2021 | 608,618 | 501,354 | 107,264 | 118.0 | 25% |
| 2022 | 507,119 | 571,818 | −64,699 | 102.1 | 26% |
| 2023 | 480,545 | 579,446 | −98,901 | 98.7 | 27% |
In its most recent public year (2023), this organization spent $98,901 more than it brought in. Its reserves stood at about 98.7 months of spending, down from 231.9 in 2011. Staff pay was 27% of spending. $290,024 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
Hanover Tavern 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