nonprofit · EIN 20-5458992 · MI
How much does HATCH - A HAMTRAMCK ART COLLECTIVE raise and spend?
HATCH - A HAMTRAMCK ART COLLECTIVE (MI, EIN 20-5458992) reported $85.2k in revenue and $85.8k in expenses for tax year 2024, with $306.3k in net assets (42.8 months of reserves). By expenses that ranks 266,295 of 391,588 e-filers, 17,259 of 26,794 in NTEE A: Arts, Culture & Humanities, 7,534 of 10,994 nonprofits in michigan.
What stands out
HATCH - A HAMTRAMCK ART COLLECTIVE (MI, EIN 20-5458992) reported $85.2k in revenue and $85.8k in expenses for tax year 2024, with $306.3k in net assets (42.8 months of reserves). By expenses that ranks 266,295 of 391,588 e-filers, 17,259 of 26,794 in NTEE A: Arts, Culture & Humanities, 7,534 of 10,994 nonprofits in michigan. Against NTEE A: Arts, Culture & Humanities: months of reserves 42.8 months, above the peer median of 12.4 months; contributions share of revenue 5.4%, below the peer median of 63.6%; surplus margin -0.8%, below the peer median of 3.5%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $85.2k | $161.2k | $55.6k | $198.5k |
| Total expenses | $85.8k | $146.8k | $46.0k | $179.6k |
| Net assets | $306.3k | $548.4k | $345.2k | $615.1k |
| Program service revenue share | 62.1% | 21.9% | 0.1% | 13.4% |
| Contributions share of revenue | 5.4% | 63.6% | 66.5% | 55.6% |
| Months of reserves | 42.8 months | 12.4 months | 17.6 months | 12.4 months |
| Surplus margin | -0.8% | 3.5% | 9.7% | 4.3% |
Year by year
9 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $85.2k | $85.8k | $306.3k | 42.8 months | — | 266,295 |
| 2023 | $68.8k | $70.2k | $297.8k | 50.9 months | — | 391,865 |
| 2022 | $72.4k | $84.9k | $299.2k | 42.3 months | — | 323,398 |
| 2021 | $80.9k | $41.9k | $134.6k | 38.5 months | — | 293,449 |
| 2020 | $47.2k | $54.1k | $95.7k | 21.2 months | — | 335,999 |
| 2019 | $46.2k | $38.9k | $102.6k | 31.6 months | — | 346,954 |
| 2018 | $57.7k | $56.3k | $95.3k | 20.3 months | — | 257,173 |
| 2017 | $50.4k | $85.1k | $93.9k | 13.2 months | — | 4,098 |
| 2016 | $127.2k | $109.4k | $128.6k | 14.1 months | — | 363 |
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