Hits Theatre
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 951,179 | 842,986 | 108,193 | 3.0 | 27% |
| 2012 | 1,102,642 | 925,420 | 177,222 | 5.1 | 33% |
| 2013 | 1,000,352 | 975,532 | 24,820 | 5.1 | 34% |
| 2014 | 1,007,581 | 884,766 | 122,815 | 7.3 | 43% |
| 2015 | 1,034,932 | 1,144,460 | −109,528 | 4.5 | 34% |
| 2016 | 908,387 | 1,031,784 | −123,397 | 3.6 | 33% |
| 2017 | 921,479 | 914,944 | 6,535 | 4.1 | 32% |
| 2018 | 983,636 | 971,310 | 12,326 | 4.0 | 25% |
| 2019 | 952,943 | 964,477 | −11,534 | 3.9 | 34% |
| 2020 | 614,538 | 746,996 | −132,458 | 2.9 | 41% |
| 2021 | 628,928 | 613,862 | 15,066 | 3.8 | 36% |
| 2022 | 613,363 | 635,224 | −21,861 | 3.3 | 40% |
| 2023 | 885,677 | 774,806 | 110,871 | 4.4 | 43% |
In its most recent public year (2023), this organization brought in $110,871 more than it spent. Its reserves stood at about 4.4 months of spending, up from 3 in 2011. Staff pay was 43% of spending. $96,449 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Hits Theatre's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works