Explore Buffalo INC EIN 81-3080055

Explore Buffalo INC FY2020 filing

EIN  81-3080055 Public charity (501(c)(3)) Buffalo, NY Founded 2016
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers tours and learning experiences about Buffalo's architecture, history, and neighborhoods.
Leadership
Bradley Hahn · Executive Director · $64K
Money in and out
$346K revenue, $303K expenses
Bottom line
69% program efficiency

Offers tours and learning experiences about Buffalo's architecture, history, and neighborhoods. For fiscal year 2020 it reported $346K in revenue, $303K in expenses, and $-29K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$346K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$-29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $43K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.13 Fundraising $0.18
Program efficiency
69%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$346K
FY2020
Expenses
$303K
FY2020
Total assets
$74K
FY2020
Total liabilities
$104K
FY2020
Total revenue
$346K
Pt VIII · Ln 12
Total expenses
$303K
Pt IX · Ln 25
Net assets
$-29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$43K
Total assetsPt X · Ln 16$74K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

2 program services account for $210K of program spending, described in the organization's own filed words · FY2020.
01

Provide guided tours to individuals who wish to learn more about buffalo regions architecture and history. A total of 700 tours were provided with an attendence of 5,000 individuals. In addition, virtual programs were offered that were attended by approximately 2,500 individuals.

$193Kprogram expense
02

Other educational programming, including speaker series.

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExplore Buffalo INC
EINHdr · item D81-3080055
Principal addressHdr · item CBuffalo, NY
WebsiteHdr · item Jexplorebuffalo.org
Year of formationHdr · item L2016
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A80)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$64,484Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Bradley Hahn’s $92K as Executive Director is at the 84th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bradley Hahn$92,217$87,038$78,649$68,189$80,396$64,484

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$233K · 68%
Program service revenue$99K · 29%
Other revenue$13K · 4%
Contributions & grants68%$233K
Program service revenue29%$99K
Other revenue4%$13K
— government grantsLn 1e$107K
Total revenueLn 12$346K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.13 Fundraising $0.18
Program services69%$210K
Management & general13%$39K
Fundraising18%$54K
Total functional expensesLn 25$303K

Balance Sheet

Part X · end of year
CashLn 1$66K
Total assetsLn 16$74K
Total liabilitiesLn 26$104K
Total net assetsLn 32$-29K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $66K · Operating expenses/yr $303K
2.6 months
Where the money goes
Program services
Program services $210K · Total expenses $303K
69%
Management & General
Management & general $39K · Total expenses $303K
13%
Fundraising
Fundraising $54K · Total expenses $303K
18%
Cost to raise $1
Fundraising expense $54K · Solicited contributions $126K
$0.43 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $233K · Total revenue $346K
68%
Government reliance
Government grants $107K · Total revenue $346K
31%
Earned-income share
Program service revenue $99K · Total revenue $346K
29%
Investment reliance
Investment income $0 · Total revenue $346K
0%
Program self-sufficiency
Program service revenue $99K · Total expenses $303K
33%
Growth & trend
Revenue growth (YoY)
This year $346K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $346K · Expenses $303K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $74K
Net-asset ratio
Net assets $-29K · Total assets $74K
-40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $74K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bradley Hahn · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $64K · Total expenses $303K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $233K · Total expenses $303K
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 13%
Fundraising cost ratio 23%
Legal fee ratio 0.8%
Accounting fee ratio 2%
Fundraising fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$579K revenue · ⤓ 990 PDF
FY2024$535K revenue · ⤓ 990 PDF
FY2023$497K revenue · ⤓ 990 PDF
FY2022$434K revenue · ⤓ 990 PDF
FY2021$469K revenue · ⤓ 990 PDF
FY2020$346K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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