First Night Hartford Inc

Analysis

First Night Hartford Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, First Night Hartford Inc reported income of $102k and spending of $98k, spending 97% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $143k to $102k (-29%), an average of -29% a year. The sharpest change came in the year to February 2024, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, First Night Hartford Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within CT. Charities of a similar size with the same main cause include Tropical Trail Region of Texas ($102k), Gray Matter Museum of Art ($102k) and Rowland Theatre Inc ($102k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $7,940 against liabilities of $5,792, net assets of $2,148.