The Hobby Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,492,684 | 6,914,994 | −1,422,310 | 107.0 | 24% |
| 2012 | 6,686,148 | 7,483,880 | −797,732 | 97.9 | 24% |
| 2013 | 7,257,845 | 7,278,200 | −20,355 | 101.2 | 26% |
| 2014 | 7,410,658 | 7,740,129 | −329,471 | 95.1 | 24% |
| 2015 | 8,657,323 | 7,931,669 | 725,654 | 94.3 | 24% |
| 2016 | 10,004,002 | 8,570,508 | 1,433,494 | 89.7 | 27% |
| 2017 | 9,783,593 | 9,037,434 | 746,159 | 85.8 | 24% |
| 2018 | 11,024,881 | 9,927,665 | 1,097,216 | 81.0 | 26% |
| 2019 | 11,384,445 | 10,882,281 | 502,164 | 74.8 | 26% |
| 2020 | 16,522,209 | 19,931,042 | −3,408,833 | 38.2 | 14% |
| 2021 | 8,249,942 | 7,631,368 | 618,574 | 100.5 | 26% |
| 2022 | 35,132,729 | 31,738,897 | 3,393,832 | 25.2 | 9% |
| 2023 | 39,846,729 | 37,971,999 | 1,874,730 | 22.9 | 11% |
In its most recent public year (2023), this organization brought in $1,874,730 more than it spent. Its reserves stood at about 22.9 months of spending, down from 107 in 2011. Staff pay was 11% of spending. $966,449 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
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