Hillsdale Community Theatre Inc

Analysis

Hillsdale Community Theatre Inc is a registered charity in United States, based in Jonesville, MI. It received its IRS tax-exemption ruling in May 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hillsdale Community Theatre Inc reported income of $276k and spending of $272k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $153k to $276k (+81%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hillsdale Community Theatre Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Bare Bait Dance ($276k), Geophysical Society of Houston ($276k) and South Carolina Summer Dance Conservatory ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 69% of the total. Other salaries and wages came to $51k. At year end it held assets of $453k against liabilities of $0, net assets of $453k.