Town Hall Association

Analysis

Town Hall Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2000, 26 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 June 2023, Town Hall Association reported income of $2.8m and spending of $4.9m, spending 174% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.1m to $2.8m (-80%), an average of -33% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Town Hall Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Worcester County Mechanics Association ($2.8m), Windtree Foundation ($2.8m) and Otis Redding Foundation Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $342k (6.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $34.8m against liabilities of $2.5m, net assets of $32.3m. It reported 64 employees.