Hurrah Players Inc

Analysis

Hurrah Players Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2023, Hurrah Players Inc reported income of $3.7m and spending of $1.1m, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $939k to $3.7m (+292%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 202%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hurrah Players Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include The Independent Living Center Inc ($3.7m), Kidsquest Childrens Museum ($3.7m) and Better Markets Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $96k (9.1% of expenses). Other salaries and wages came to $199k. At year end it held assets of $4.9m against liabilities of $3,000, net assets of $4.9m. It reported 7 employees.