Victory Garden Theater
- Assets
- $9.7m
- Revenue
- $1.2m
- Investments
- $150.8k
- Employees
- 109
- Location
- Chicago, IL
- Founding
- 08/1975
- Data as of
- 06/2021
- EIN
- 36-2807341
Organization Overview
Victory Garden Theater is located in Chicago, IL. The organization was established in 1975. 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 06/2021, Victory Garden Theater employed 109 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victory Garden Theater 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 06/2021, Victory Garden Theater generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE AND PROVIDE THEATER ENTERTAINMENT AND WORKSHOPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLAYS - VICTORY GARDENS THEATER (VGT) PRODUCED 1 PLAY THAT WAS STREAMED VIA THE INTERNET. SERVED 3,099 PEOPLE.
EDUCATION - VGT'S ARTS EDUCATION INITIATIVES INCLUDE A HIGH SCHOOL ARTIST RESIDENCY PROGRAM, FREE ADMISSION OR TICKET SUBSIDIES TO UNDERSERVED STUDENT AUDIENCES. SERVED APPROXIMATELY 1,000 STUDENTS.
ACCESS AND TRAINING CENTER PROGRAMS
PLAYS - VICTORY GARDENS THEATER (VGT) PRODUCED 1 PLAY THAT WAS STREAMED VIA THE INTERNET. SERVED 3,099 PEOPLE.
EDUCATION - VGT'S ARTS EDUCATION INITIATIVES INCLUDE A HIGH SCHOOL ARTIST RESIDENCY PROGRAM, FREE ADMISSION OR TICKET SUBSIDIES TO UNDERSERVED STUDENT AUDIENCES. SERVED APPROXIMATELY 1,000 STUDENTS.
ACCESS AND TRAINING CENTER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Strater Executive Director | Officer | 40 | $93,031 |
Richard Nonnweiler Director Of Finance | Officer | 40 | $69,781 |
Roxanna Conner Director Of Education | Officer | 40 | $48,644 |
Charles Harris II President | OfficerTrustee | 1 | $0 |
Sidney Lee Vice President | OfficerTrustee | 1 | $0 |
Kate Tillotson Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,856 |
| Related organizations | $0 |
| Government grants | $569,615 |
| All other contributions, gifts, grants, and similar amounts not included above | $535,213 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,201,684 |
| Total Program Service Revenue | $5,220 |
| Investment income | $819 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,130 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,185,648 |
| 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. | $164,522 |
| Compensation of current officers, directors, key employees. | $107,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $489,870 |
| Pension plan accruals and contributions | $93,465 |
| Other employee benefits | $0 |
| Payroll taxes | $55,918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,223 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,958 |
| Advertising and promotion | $17,144 |
| Office expenses | $31,928 |
| Information technology | $29,507 |
| Royalties | $4,500 |
| Occupancy | $137,508 |
| Travel | $710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250 |
| Interest | $3,350 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $266,378 |
| Insurance | $51,610 |
| All other expenses | $0 |
| Total functional expenses | $1,472,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,328,483 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $85,000 |
| Accounts receivable, net | $8,669 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,242 |
| Prepaid expenses and deferred charges | $130,105 |
| Net Land, buildings, and equipment | $7,941,877 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $150,833 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,652,209 |
| Accounts payable and accrued expenses | $95,711 |
| Grants payable | $0 |
| Deferred revenue | $52,542 |
| 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 | $548,552 |
| Other liabilities | $0 |
| Total liabilities | $696,805 |
| Net assets without donor restrictions | $8,706,837 |
| Net assets with donor restrictions | $248,567 |
| 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 | $9,652,209 |
Grants Recieved
Over the last fiscal year, we have identified 23 grants that Victory Garden Theater has recieved totaling $620,558.
| Awarding Organization | Amount |
|---|---|
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $135,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $75,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $75,000 |
John D & Catherine T Macarthur Foundation Chicago, IL PURPOSE: IN SUPPORT OF GENERAL OPERATIONS. | $75,000 |
Joyce Foundation Chicago, IL PURPOSE: CULTURE | $40,000 |
Joyce Foundation Chicago, IL PURPOSE: CULTURE | $40,000 |
Endowment Analysis
| Beg. Balance | $50,000 |
| Ending Balance | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Milwaukee Repertory Theater Inc Milwaukee, WI | $57,957,999 | $35,719,750 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Indiana Repertory Theatre Inc Indianapolis, IN | $37,888,080 | $6,579,183 |