Hip Hop Caucus Action Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 100,000 | 58,954 | 41,046 | 8.4 | — |
| 2021 | 340,000 | 22,799 | 317,201 | 188.6 | 68% |
| 2022 | 0 | 179,265 | −179,265 | 12.0 | 49% |
In its most recent public year (2022), this organization spent $179,265 more than it brought in. Its reserves stood at about 12 months of spending, up from 8.4 in 2020. Staff pay was 49% of spending. $232,244 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 2022. 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
Hip Hop Caucus Action Fund's IRS filings as a feed — one entry per filing year, through 2022. 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