Horace Bushnell Memorial Hall Corporation: $26.1M Revenue, $21.2M Program Expenses
Hartford, Connecticut · EIN 060662112 · Filing year 2023
Horace Bushnell Memorial Hall Corporation reported $26.1M in total revenue, $27.2M in total expenses, and $76.0M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($21.2M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (73/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $26.1M
- Total Expenses
- $27.2M
- Program Expenses
- $21.2M
- Program Expense Ratio
- 78.0%
- Total Assets
- $76.0M
- Reserve Months
- 33.5 months
- EIN
- 060662112
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Horace Bushnell Memorial Hall Corporation grades a B on the nonprofit efficiency rubric. 73/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Horace Bushnell Memorial Hall Corporation reported $26.1M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Horace Bushnell Memorial Hall Corporation's 2023 revenue is materially below its earlier filings. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Horace Bushnell Memorial Hall Corporation sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Horace Bushnell Memorial Hall Corporation Compares
Horace Bushnell Memorial Hall Corporation directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 73/100 is 4 points above the Arts, Culture & Humanities category average. The organization holds 33.5 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Horace Bushnell Memorial Hall Corporation, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Horace Bushnell Memorial Hall Corporation has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Horace Bushnell Memorial Hall Corporation, Donor FAQ
Horace Bushnell Memorial Hall Corporation has an Efficiency Score of B (73/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Horace Bushnell Memorial Hall Corporation is not reported in the most recent IRS 990 filing on file.
Horace Bushnell Memorial Hall Corporation reported $26.1M in annual revenue and $27.2M in total expenses for filing year 2023. The organization holds $76.0M in total assets.
For every dollar donated to Horace Bushnell Memorial Hall Corporation, approximately 78.0 cents goes to program activities. The organization has 33.5 months of operating reserves, providing financial stability to sustain its mission.
Horace Bushnell Memorial Hall Corporation is a registered 501(c) organization with EIN 060662112, based in Hartford, Connecticut. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.