Town Hall Theater Inc

Analysis

Town Hall Theater Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in April 1999, 27 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 December 2023, Town Hall Theater Inc reported income of $3.6m and spending of $1.1m, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $892k to $3.6m (+298%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Town Hall Theater Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Mission West Virginia ($3.5m), Indiana Railway Museum Inc ($3.6m) and City Report Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. Other salaries and wages came to $405k. At year end it held assets of $10.4m against liabilities of $241k, net assets of $10.1m. It reported 18 employees.