Overview

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Est.

1980

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HITS Theatre is a nonprofit organization dedicated to providing musical theater training for children ages 5 to 18, with a strong emphasis on production. With an operating budget of $823.8K and total revenue of $847.2K for the 2024 filing year, the organization relies on various funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.hitstheatre.org.

Mission Statement

HITS Theatre provides musical theater training for children ages 5 to 18, focusing on production.
Revenues
$847.2K
Expenses
$869.3K
Net Income:
-$22.1K
Assets
$419K
Liabilities
$156.6K
Net Assets:
+$262.4K
Operating Budget
$823.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$27.5K
Largest grant received
$70K
A
Adam Wagner
Board Member
A
Andrea Osborne-Smith
Board Member
R
Rachel Applegate
Board Member

Frequently Asked Questions

What is HITS Theatre’s budget?
In 2024, HITS Theatre reported an annual operating budget of around $824 thousand. More detailed financial information is available to registered users.
What causes does HITS Theatre support?
HITS Theatre supports work in Arts education.
Where does HITS Theatre operate?
HITS Theatre is headquartered in Houston, TX.
Who funded HITS Theatre recently?
In 2024, HITS Theatre received grants from The Brown Foundation Inc, Houston Arts Alliance, and The Cullen Trust for the Performing Arts. More information on this organization’s funders is available to registered users.
What is the largest grant HITS Theatre received in 2024?
The largest grant to HITS Theatre in 2024 exceeds $70 thousand.
What is HITS Theatre’s reliance on government grants?
HITS Theatre relied on government grants for less than 5% of their total revenue in 2024.