Hippodrome Colony Historical Theatre Association

Analysis

Hippodrome Colony Historical Theatre Association is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in November 2001, 25 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, Hippodrome Colony Historical Theatre Association reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $2.7m (+516%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 1513%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hippodrome Colony Historical Theatre Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Life-Line ($2.7m), Evansville Philharmonic Orchestra ($2.7m) and Center for the Arts of Bonita Springs Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Other salaries and wages came to $372k. At year end it held assets of $8.2m against liabilities of $2.0m, net assets of $6.2m. It reported 33 employees.