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Nonprofit · EIN 59-1590987

HIPPODROME STATE THEATRE INC

Tax-exempt · GAINESVILLE, FL 32601

Financials

$1.9M$1.9M2023$1.8M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of HIPPODROME STATE THEATRE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,806,549$1,783,619$22,930$239,043$79,243$159,800
July 31, 2024990$1,902,021$1,937,047-$35,026$247,174$65,364$181,810
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$887,383
of which government grants
$397,356
Program service revenue
$726,676
Investment income
$592
Net rental income
$112,813
Net income from sales of inventory
$79,085
Other revenue
$191,898

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$779,159
Salaries, compensation and benefits (total)
$1,026,788
Professional fundraising fees
$0
Legal fees
$749
Accounting fees
$4,938
Occupancy
$91,553
Travel
$12,753
Depreciation
$20,388
Program services (functional)
$1,593,392
Management and general (functional)
$98,919
Fundraising (functional)
$91,308

Balance sheet and other

Total assets, start of year
$247,174
Total assets, end of year
$239,043
Total liabilities, end of year
$79,243
Net assets, end of year
$159,800
Land, buildings and equipment
$114,051
Publicly traded securities
$23,856
Net assets without donor restrictions
$159,800
Gross receipts
$1,835,721
Employees
85
Volunteers
200
Year formed
1973
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Gretchen HowardBoard Member
Trustee or director
1$0
Jeffrey TateBoard Member
Trustee or director
1$0
Bruce CornwellVice President
Trustee or director, Officer
1$0
Michael CurryPresident
Trustee or director, Officer
4$0
990 for the year ended July 31, 2024: 4 people
NameTitleHours / weekCompensation
Gretchen CaseyBoard Member
Trustee or director
1$0
Jeffrey TateBoard Member
Trustee or director
1$0
Bruce CornwellVice President
Trustee or director, Officer
1$0
Michael CurryPresident
Trustee or director, Officer
4$0

Address and contacts

Address (IRS master file)
25 SE 2ND PL, GAINESVILLE, FL 32601-6567
In care of
% MICHAEL CURRY
Principal officer (990 for 2024)
Michael Curry, 25 SE 2ND PLACE, Gainesville, FL 32601
Signed the 990
MICHAEL CURRY, President
Phone
(352) 373-5968
Return prepared by
Kattell and Company PL

Mission

Artistic performances and education in the theatre arts.

990 for the year ended July 31, 2025

Program accomplishments

  • MAIN STAGE - Encompasses the production of an annual series of major theatrical performances, generally running from September through June. Being the only professional theater in the area, it establishes Gainesville as a cultural hub in the region and provides the community with the opportunity to view new and challenging works, expand their artistic awareness, and experience high-quality productions by Award-Winning designers and playwrights.
    Expenses $1,390,371 · revenue $566,375
  • Education Programs - Internationally recognized teen and pre-teen arts-based prevention and intervention programs, service learning programs in which teens write and perform issues based works for their peers, and classes and workshops conducted for both children and adults interested in studying theater and film. The theater also offers an internship program in which local students and recent graduates may gain experience and prove themselves in a professional theater environment.
    Expenses $107,960 · revenue $115,882
  • CINEMA - Shows of limited release, first run cinema productions and film festivals. Provides an opportunity for the showing of independent art films, documentaries, and foreign films that would not otherwise be available to the general public. Often features live interview sessions during which audience members may interact with directors, screen writers, and community figures related to the films.
    Expenses $95,061 · revenue $44,419

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
59-1590987
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$239,043
Income (IRS master file)
$1,835,721

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,806,549$1,783,619$239,043XML
990July 2024$1,902,021$1,937,047$247,174XML
990July 2023–––IRS
990May 2023$1,390,050$1,729,682$473,841IRS
990May 2022$1,810,667$1,217,554$735,582IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1590987).

Questions about HIPPODROME STATE THEATRE INC

What is the EIN of HIPPODROME STATE THEATRE INC?
The employer identification number (EIN) of HIPPODROME STATE THEATRE INC is 59-1590987.
Is HIPPODROME STATE THEATRE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to HIPPODROME STATE THEATRE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HIPPODROME STATE THEATRE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HIPPODROME STATE THEATRE INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HIPPODROME STATE THEATRE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of HIPPODROME STATE THEATRE INC?
The 990 for the year ended July 31, 2025 names Michael Curry.
Who are the officers and directors of HIPPODROME STATE THEATRE INC?
The 990 for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does HIPPODROME STATE THEATRE INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,806,549, expenses of $1,783,619 and total assets of $239,043 at year end.

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