HORACE BUSHNELL MEMORIAL HALL CORPORATION
Mission Statement
Elevate the Spirit Over 30 million people – of five generations-coming to The Bushnell Over 20,000 performances exciting their senses, heart, mind, and soul Enriching, illuminating, energizing, and delighting the spirit of the community has been The Bushnell's constant mission. For 90 years, The Bushnell has been central to life in Greater Hartford serving as its unique gathering place for arts, education, and community activities. As a dynamic 21st Century performing arts center, The Bushnell presents, creates, inspires and shares the best in the performing arts; and in partnership with others, serves as a catalyst to advance education, promote economic development and build a sense of community in Central Connecticut.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.8% | 79.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.6% | 13.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.7% | 6.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1672.4% | 763.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.9 mo | 30.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.0% | 14.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.3% | 65.5% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
8.5% | 5.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $36.9M | $33.8M | $69.9M | 76.8% | 387 |
| 2023 | $26.1M | $27.2M | $62.7M | 72.8% | 336 |
| 2022 | $25.3M | $22.6M | $62.1M | 69.1% | 116 |
| 2021 | $16.6M | $8.9M | N/A | — | 287 |
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