Nonprofit screen
Screen a listHITS Theatre
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$847krevenue
FY2024 · +35% in 3 yrs10staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.6%
Months of reserve3.4mo
Revenue growth (annualized)−1.2%
Middle half of peersMedianHITS Theatre
Where the money goes FY2024 · $869k spent
Programs$661k76%Management and general$178k21%Fundraising$30k3%990 FY2024 · Part IX line 25
Worth checking3
A funder worth 12% of revenue stopped after FY2020
Jerry C Dearing Family Foundation gave about $83k a year for three years, 12% of revenue in FY2020.
Funders’ 990-PF grant listsGovernment grants fell 91% in FY2022
$109k in FY2021, $10k in FY2022.
990 Part VIIIDeficits in 2 of the last 3 years
−$22k in FY2022 and −$22k in FY2024. Cash covers 3.4 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor
None found in the filings.
14funders
$167ka year, last 3 years
44%from its largest funder
Funder’17’18’19’20’21’22’23Houston Arts AllianceOn and off$34k$56k$63k$89k$71k$61kMiller Theatre Advisory Board IncStopped after FY2021$82k$82k$82k$41k$20k–Jerry C Dearing Family FoundationStopped after FY2020$100k$75k$75k–The Brown Foundation IncSince FY2021$40k$35k$35kThe Cynthia & George Mitchell FoundationSince FY2019$26k$25k$25k$25k$5kThe Cullen Trust for the Performing ArtsOn and off$10k$25k$25k$25kDonor-advised giftsDonors not disclosed$129$116$134$917 other fundersUp to $38k a year each$45k$40k$30k$48k$12k$17k$18k
FundedThrough a donor-advised fundStopped