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Arts, Culture & Humanities · 2023 Form 990

Hale Centre Theatre: $43.0M Revenue, $30.4M Expenses

Sandy, Utah · EIN 841420029 · Filing year 2023

Hale Centre Theatre reported $43.0M in total revenue, $30.4M in total expenses, and $135.2M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.3M (3.14% of revenue). NonprofitTruth efficiency grade: C (54/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
54/100

Key Facts (2023 Form 990)

Total Revenue
$43.0M
Total Expenses
$30.4M
Total Assets
$135.2M
Reserve Months
53.4 months
Surplus / (Deficit)
$12.6M
EIN
841420029
Latest 990 Year
2023
Current-Officer Compensation
$1.3M
Officer Comp % of Revenue
3.14%

The composite efficiency score of 54/100 puts Hale Centre Theatre at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

At $43.0M in 2023 revenue, Hale Centre Theatre sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Hale Centre Theatre carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Hale Centre Theatre reported $43.0M in 2023, up notably from the start of the window. Compensation for current officers and key employees runs $1.3M against $43.0M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Hale Centre Theatre sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$43.0M
Revenue
$30.4M
Expenses
$135.2M
Total Assets
$1.3M
Officer Compensation

How Hale Centre Theatre Compares

Hale Centre Theatre earns a NonprofitTruth efficiency grade of C (54/100). That is 2 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 3.14% of total revenue. The organization holds 53.4 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$30.4M
Total Expenses
Filing year 2023
$1.3M
Officer Compensation
3.14% of revenue
53.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Hale Centre Theatre reported $43.0M in revenue against $30.4M in total functional expenses for filing year 2023, holding roughly 53.4 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.14% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Hale Centre Theatre has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Hale Centre Theatre, Donor FAQ

Hale Centre Theatre has a NonprofitTruth Efficiency Score of C (54/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Hale Centre Theatre reports $1.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.14% of the organization's $43.0M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Hale Centre Theatre reported $43.0M in annual revenue and $30.4M in total expenses for filing year 2023. The organization holds $135.2M in total assets.

Hale Centre Theatre holds approximately 53.4 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Hale Centre Theatre is a registered 501(c) organization with EIN 841420029, based in Sandy, Utah. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.