Arts, Culture & Humanities
(A6E)
990 on File
HALE CENTER FOUNDATION FOR THE ARTS AND EDUCATION
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$17.6M
Total Revenue
$12.2M
Total Expenses
$14.8M
Net Assets
210
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
79.8%
Fundraising Efficiency
N/A
Operating Reserve
14.59x
Liability-to-Asset
81.5%
Revenue Diversification
64.0%
Executive Compensation
$713K
Compared with Peers
FY 2024
Compared with 433 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
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
|
79.8% | 79.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.1% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.1% | 5.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.6 mo | 29.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
81.5% | 12.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.0% | 67.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
48.0% | 7.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
35.4% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
30.6% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $17.6M | $12.2M | $14.8M | 79.8% | 210 |
| 2023 | $11.9M | $9.0M | $9.4M | 76.8% | 158 |
| 2022 | $8.2M | $4.6M | $6.6M | 91.3% | 147 |
| 2021 | $8.3M | $3.7M | N/A | — | 127 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.