Forward Theater Company is located in Madison, WI. 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 06/2022, Forward Theater Company employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forward Theater Company 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 06/2022, Forward Theater Company generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 9.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCEPTIONAL THEATER FOR AUDIENCES AND GIVE THEATER PROFESSIONALS AN ARTISTIC HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE 2021-2022 SEASON, FORWARD THEATER COMPANY PERFORMED FOUR PLAYS MOM, HOW DID YOU MEET THE BEATLES, THE AMATEURS, THE MYTILENEAN DEBATE, AND RUSSIAN TROLL FARM. THEY ALSO PRODUCED 4 READINGS FOR THE WISCONSIN WRIGHTS NEW PLAY FESTIVAL. TOTAL ATTENDANCE FOR EACH MAINSTAGE PLAY WAS 2,306, 3,590, 3,149, AND 3,854 RESPECTIVELY. THESE PROGRAMS HELP CREATE A HOME BASE FOR WISCONSIN THEATER PROFESSIONALS AND AUDIENCES THAT EXPANDS THE CULTURAL AND ECONOMIC LIFE OF THE GREATER MADISON AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Gray Artistic Director | Officer | 40 | $80,250 |
Julie Swenson Managing Director | Officer | 40 | $77,833 |
Rozan Anderson Vice Chair | OfficerTrustee | 3 | $0 |
Hallie Kuenning Treasurer | OfficerTrustee | 2 | $0 |
Steve Suleski Chair | OfficerTrustee | 10 | $0 |
Dave Chaimson Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $13,077 |
Related organizations | $0 |
Government grants | $295,627 |
All other contributions, gifts, grants, and similar amounts not included above | $630,749 |
Noncash contributions included in lines 1a–1f | $12,587 |
Total Revenue from Contributions, Gifts, Grants & Similar | $939,453 |
Total Program Service Revenue | $541,808 |
Investment income | $48,574 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,311 |
Net Income from Fundraising Events | -$1,729 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,526,795 |
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. | $155,000 |
Compensation of current officers, directors, key employees. | $60,450 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $311,909 |
Pension plan accruals and contributions | $18,473 |
Other employee benefits | $59,616 |
Payroll taxes | $39,830 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $45,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $212,925 |
Advertising and promotion | $92,788 |
Office expenses | $29,750 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $261,031 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $850 |
Insurance | $14,996 |
All other expenses | $0 |
Total functional expenses | $1,384,042 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $531,044 |
Savings and temporary cash investments | $1,063,074 |
Pledges and grants receivable | $300,693 |
Accounts receivable, net | $8,067 |
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 | $37,084 |
Net Land, buildings, and equipment | $1,412 |
Investments—publicly traded securities | $172,742 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $425,430 |
Total assets | $2,539,546 |
Accounts payable and accrued expenses | $10,721 |
Grants payable | $0 |
Deferred revenue | $370,978 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $381,699 |
Net assets without donor restrictions | $1,731,107 |
Net assets with donor restrictions | $426,740 |
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 | $2,539,546 |
Over the last fiscal year, we have identified 11 grants that Forward Theater Company has recieved totaling $228,682.
Awarding Organization | Amount |
---|---|
Madison Community Foundation Madison, WI PURPOSE: GENERAL CHARITABLE PURPOSES | $75,250 |
John M Kohler Foundation Inc Milwaukee, WI PURPOSE: GENERAL OPERATING | $40,000 |
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $35,000 |
Madison Community Foundation Madison, WI PURPOSE: GENERAL CHARITABLE PURPOSES | $22,225 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $15,000 |
Evjue Foundation Inc Madison, WI PURPOSE: SUPPORT OPERATIONS | $15,000 |
Beg. Balance | $392,760 |
Earnings | -$59,524 |
Admin Expense | $11,669 |
Net Contributions | $65,475 |
Ending Balance | $387,042 |
Organization Name | Assets | Revenue |
---|---|---|
Temple Theatre Foundation Saginaw, MI | $0 | $1,856,811 |
Milwaukee Repertory Theater Inc Milwaukee, WI | $57,957,999 | $35,719,750 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Childrens Theater Company And School Minneapolis, MN | $29,046,375 | $9,573,718 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Hennepin Theatre Tr Minneapolis, MN | $22,588,604 | $4,825,873 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Lookingglass Theatre Company Chicago, IL | $2,356,485 | $3,866,114 |
Pabst Theater Foundation Inc Milwaukee, WI | $14,353,453 | $8,621,639 |
Writers Theatre Inc Glencoe, IL | $34,601,018 | $3,459,112 |