Arts, Culture & Humanities
(A25)
990 on File
NXTHVN INC
Financial strength (30%)
86/100
Reliability (20%)
45/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$5.8M
Total Revenue
$4.0M
Total Expenses
$7.9M
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.0%
Fundraising Efficiency
N/A
Operating Reserve
24.00x
Liability-to-Asset
63.5%
Revenue Diversification
97.8%
Executive Compensation
$86K
Compared with Peers
FY 2023
Compared with 4,649 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.0% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.5% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.5% | 5.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.0 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
63.5% | 10.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.8% | 74.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
99.6% | 3.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
64.6% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.5% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.8M | $4.0M | $7.9M | 75.0% | 12 |
| 2022 | $2.9M | $2.4M | $5.6M | 71.2% | 8 |
| 2021 | $3.7M | $1.7M | $4.7M | 72.6% | 5 |
| 2020 | $946K | $754K | N/A | — | 3 |
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