Financial Information for New Hope Arts INC

New Hope Arts INC's annual revenue was $624K in tax year 2024, reported on their IRS Form 990. They spent $427K in total expenses. 41% went to programs and services.

Financial Breakdown

What is New Hope Arts INC's total annual expenses?

New Hope Arts INC spent $427K in tax year 2024, according to their IRS Form 990 filing.

How much of New Hope Arts INC's budget goes to programs?

New Hope Arts INC spent $173K (41% of expenses) on programs and services in tax year 2024.

How much does New Hope Arts INC spend on overhead?

New Hope Arts INC's overhead in tax year 2024 includes administrative (30%) and fundraising (29%) of their expenses.

What is New Hope Arts INC's net worth?

New Hope Arts INC had net assets of $1.2M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.