Hudson Opera House Inc

Nonprofit profile at a glance

EIN
141752524
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Hudson, NY, USA
Phone
5188221438
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities

Official website

Reported finances

Revenue
$1,249,854
Expenses
$1,648,404
Assets
$8,066,360
Liabilities
$834,507

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • PAUL BARRETT (PRESIDENT)
  • JOHN VAN NESS PHILIP (VICE PRESIDENT)
  • TAMBRA DILLON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TAMBRA DILLON (EXECUTIVE DIRECTOR): $108,836 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Located in a landmark building that houses New York state's oldest surviving theater, hudson hall at the historic hudson opera house is driven by a civic and social purpose founded in the belief that culture is central to our shared heritage, identity, and future. Its mission is to inspire and promote the arts, and to play a pivotal role in the cultural and economic advancement of the city and the region. Hudson hall fulfills its mission by offering a year-round schedule of inclusive and accessible cultural and educational programs and maintaining its building, all of which serves, strengthens, and unites our community.

What it reported doing in 2024

Community: as a flagship for its community, approximately 70% of hudson hall's programs are offered free of charge or greatly subsidized through its community arts program to ensure equitable access to the arts. Many of these activities have a focus on children and youth and include multi-session workshops in theater, music, dance, crafts, visual arts, and public exhibitions with local school districts. For older youth, hudson hall offers workforce development opportunities, including a live arts & media workforce development program in which teens and young adults are paid to receive five full days of training in general workforce readiness in live arts and media career skills. Activities for all ages include exhibitions by regional artists, talks and book events, film screenings, free performances for youth and families, and large-scale festivals such as winter walk, the city's largest event of the year and an economic driver showcasing hudson's vibrant creative community.

Operating model

Revenue model
Donor-supported. 62% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.3%; rating input score 84
  • Fundraising efficiency: $8.34 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -31.9%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 4.89; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 6.6%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 10.9% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.3% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.4M in reported program spending
  • Leadership: top reported pay $109K · 19 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Sustainability: Operating margin scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.