Hobbs Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 102,469 | 94,563 | 7,906 | 5.5 | — |
| 2016 | 132,020 | 125,697 | 6,323 | 4.7 | — |
| 2017 | 274,209 | 289,767 | −15,558 | 1.4 | 0% |
| 2018 | 139,154 | 128,713 | 10,441 | 4.1 | 0% |
| 2019 | 127,822 | 153,496 | −25,674 | 1.5 | 0% |
| 2020 | 145,956 | 134,779 | 11,177 | 2.7 | 0% |
| 2021 | 7,066 | 14,100 | −7,034 | 19.4 | 0% |
| 2022 | 38,450 | 47,235 | −8,785 | 3.6 | 0% |
| 2023 | 54,155 | 51,659 | 2,496 | 3.8 | 0% |
| 2024 | 65,109 | 54,950 | 10,159 | 5.8 | 0% |
In its most recent public year (2024), this organization brought in $10,159 more than it spent. Its reserves stood at about 5.8 months of spending. Staff pay was 0% of spending.
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 2024. 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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