Sleepy Hollow Summer Theatre

Analysis

Sleepy Hollow Summer Theatre is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in June 1992, 34 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, Sleepy Hollow Summer Theatre reported income of $325k and spending of $329k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $325k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sleepy Hollow Summer Theatre sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within ND. Charities of a similar size with the same main cause include Life Changers Inc ($325k), Studio 1 ($325k) and Brave Maker ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $28k (8.5% of expenses). At year end it held assets of $1.3m against liabilities of $22k, net assets of $1.3m.