Hattheatre Inc

Analysis

Hattheatre Inc is a registered charity in United States, based in Rockville, VA. It received its IRS tax-exemption ruling in June 1994, 32 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hattheatre Inc reported income of $83k and spending of $70k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $83k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hattheatre Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within VA. Charities of a similar size with the same main cause include Michigan Sports Hall of Fame Inc ($83k), Heritage of Korean Independence SF USA ($83k) and Leapfest Association ($83k).

At year end it held assets of $27k against liabilities of $0, net assets of $27k.