Hattiloo Theatre

Analysis

Hattiloo Theatre is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2023, Hattiloo Theatre reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.7m (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 194%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hattiloo Theatre sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Greenville Arts Festival ($1.7m), Greater Pensacola Symphony Orchestra ($1.7m) and Mary Louise Curtis Bok Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $207k (12% of expenses). Other salaries and wages came to $247k. At year end it held assets of $6.5m against liabilities of $108k, net assets of $6.3m. It reported 11 employees.