Hyde Hall Inc

Analysis

Hyde Hall Inc is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in June 2015, 11 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, Hyde Hall Inc reported income of $516k and spending of $491k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $761k to $516k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2020, when income rose by 235%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hyde Hall Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Ocean City Arts Center a New Jersey Nonprofit Corporation ($516k), Fruitlands Museums Inc ($516k) and Cecchetti Council of America ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $97k (20% of expenses). Other salaries and wages came to $202k. At year end it held assets of $6.1m against liabilities of $4,002, net assets of $6.1m. It reported 19 employees.