Wilmette Theatre Education Project Nfp
- Assets
- $1.0m
- Revenue
- $587.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Wilmette, IL
- Founding
- 03/2009
- Data as of
- 12/2023
- EIN
- 26-2037375
Organization Overview
Wilmette Theatre Education Project Nfp is located in Wilmette, IL. The organization was established in 2009. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Wilmette Theatre Education Project Nfp employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilmette Theatre Education Project Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Wilmette Theatre Education Project Nfp generated $587.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $585.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE WILMETTE THEATURE EDUCATION PROJECT NFP IS THE PREMIER MULTI-ARTS AND PERFORMANCE CENTER ANCHORING THE DOWNTOWN BUSINESS DISTRICT BY PROVIDING VIBRANT ENTERTAINMENT, EDUCATION AND ENRICHMENT FOR THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WILMETTE THEATURE EDUCATION PROJECT NFP IS THE PREMIER MULTI-ARTS AND PERFORMANCE CENTER ANCHORING THE DOWNTOWN BUSINESS DISTRICT BY PROVIDING VIBRANT ENTERTAINMENT, EDUCATION AND ENRICHMENT FOR THE COMMUNITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefanie Rupp Secretary | OfficerTrustee | 3 | $0 |
Charles Hutchinson Director | Trustee | 3 | $0 |
Janet Koestring Director | Trustee | 3 | $0 |
Maggie Lefevour Director | Trustee | 3 | $0 |
Sonesh Shah Director | Trustee | 3 | $0 |
Michael Murdock President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,895 |
| Total Program Service Revenue | $428,454 |
| Investment income | $1,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,256 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $16,713 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $587,436 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,949 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,971 |
| Payroll taxes | $15,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,201 |
| Advertising and promotion | $2,513 |
| Office expenses | $8,867 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $74,455 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,754 |
| Insurance | $20,355 |
| All other expenses | $18,633 |
| Total functional expenses | $585,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,248 |
| Savings and temporary cash investments | $429,157 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $539,265 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $1,045,820 |
| Accounts payable and accrued expenses | $3,238 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $535,438 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,000 |
| Total liabilities | $544,676 |
| Net assets without donor restrictions | $501,144 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,045,820 |