Hale Centre Theatre

Analysis

Hale Centre Theatre is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in October 1997, 29 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, Hale Centre Theatre reported income of $43.0m and spending of $30.4m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $26.1m to $43.0m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hale Centre Theatre sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within UT. Charities of a similar size with the same main cause include Dallas Symphony Association Inc ($42.8m), Boston Ballet Inc ($43.1m) and American Friends of Beth Hatefutsot ($42.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $1.3m (4.4% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $135.2m against liabilities of $65.4m, net assets of $69.8m. It reported 842 employees.