Financial Information for The Hobby Center Foundation

The Hobby Center Foundation's annual revenue was $46.2M in tax year 2024, reported on their IRS Form 990. They spent $36.7M in total expenses. 86% went to programs and services.

Financial Breakdown

What is The Hobby Center Foundation's total annual expenses?

The Hobby Center Foundation spent $36.7M in tax year 2024, according to their IRS Form 990 filing.

How much of The Hobby Center Foundation's budget goes to programs?

The Hobby Center Foundation spent $31.7M (86% of expenses) on programs and services in tax year 2024.

How much does The Hobby Center Foundation spend on overhead?

The Hobby Center Foundation's overhead in tax year 2024 includes administrative (11%) and fundraising (3%) of their expenses.

What is The Hobby Center Foundation's net worth?

The Hobby Center Foundation had net assets of $88.3M 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.