Hatch - A Hamtramck Art Collective
- Assets
- $323.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamtramck, MI
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-5458992
Organization Overview
Hatch - A Hamtramck Art Collective is located in Hamtramck, MI. The organization was established in 2007. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hatch - A Hamtramck Art Collective is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hatch - A Hamtramck Art Collective generated $72.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $84.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Baumann President | 3 | $0 | |
Andy Malone Vice President | 3 | $0 | |
Sean Bieri Board Member | 1 | $0 | |
Matt Feazell Secretary | 3 | $0 | |
Christopher Schneider Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,655 |
| Total Program Service Revenue | $55,438 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,409 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,044 |
| Salaries, other compensation, and employee benefits | $6,747 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $37,449 |
| Printing, publications, postage, and shipping | $192 |
| Other expenses | $27,435 |
| Total expenses | $84,867 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,710 |
| Other assets | $0 |
| Total assets | $323,710 |
| Total liabilities | $24,500 |
| Net assets or fund balances | $299,210 |