Hutchinson Theatre Company

Analysis

Hutchinson Theatre Company is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in January 2004, 22 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, Hutchinson Theatre Company reported income of $66k and spending of $75k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,867 to $66k (+648%), an average of +648% a year. The sharpest change came in the year to December 2023, when income rose by 648%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hutchinson Theatre Company sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Somos Cultura Y Mas ($66k), Music Festival of Rosendale Inc ($66k) and Redwood Empire Chinese Association ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.