Auditorium Theatre Of Roosevelt University Inc is located in Chicago, IL. The organization was established in 1982. 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 08/2023, Auditorium Theatre Of Roosevelt University Inc employed 463 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auditorium Theatre Of Roosevelt University Inc 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 08/2023, Auditorium Theatre Of Roosevelt University Inc generated $11.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $14.1m during the year ending 08/2023. 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 AUDITORIUM THEATRE OF ROOSEVELT UNIVERSITY, AN ILLINOIS NOT-FOR-PROFIT CORPORATION, IS COMMITTED TO PRESENTING THE FINEST IN INTERNATIONAL, CULTURAL, COMMUNITY AND EDUCATIONAL PROGRAMMING TO CHICAGO AND TO THE CONTINUED RESTORATION AND PRESERVATION OF THE NATIONAL HISTORIC LANDMARK AUDITORIUM THEATRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR NEARLY 135 YEARS, THE AUDITORIUM THEATRE HAS EVOLVED, EACH DECADE USHERING IN A NEW CHALLENGE, AND A NEW VOICE. FROM THE OPERATIC GLORY OF OUR INCEPTION TO THE ROCK-AND-ROLL CONCERTS OF THE 1960S AND 70S, FROM A SETTING FOR THE WORLD'S MOST LEGENDARY MUSICALS TO THE GREATEST BALLETS, THE AUDITORIUM THEATRE HAS ADAPTED AND GROWN, BUT WE HAVE ALWAYS REMAINED DEDICATED TO PROVIDING THE HIGHEST QUALITY OF ARTISTIC EXPERIENCES WHILE PRESERVING THE STORIED PRINCIPLES UPON WHICH WE WERE FOUNDED. FROM THE SWEEPING ARCHES TO THE STAGE ITSELF, THE BREADTH OF TALENT TO GRACE THE THEATRE IS ASTOUNDING. FORMER PRESIDENTS THEODORE ROOSEVELT AND WILLIAM MCKINLEY GAVE SPEECHES WHERE, YEARS LATER, INCANDESCENT MUSICIANS SUCH AS JIMI HENDRIX, THE DOORS, ARETHA FRANKLIN, AND ELTON JOHN PERFORMED. STEVIE WONDER AND RAY CHARLES CAPTIVATED AUDIENCES IN THE SAME SPACE WHERE LES MISERABLES AND PHANTOM OF THE OPERA ONCE PLAYED TO SOLD-OUT CROWDS. WHETHER FRANK SINATRA OR ITZHAK PERLMAN, THE BEACH BOYS OR BOOKER T. WASHINGTON, WE ARE PROUD OF ALL THOSE WHO HAVE VISITED OUR STAGE, BUT WE ARE ALWAYS FOCUSED ON IMPROVING AND ENHANCING THE QUALITY OF OUR LINEUP-FOR A LANDMARK THEATRE IN ONE OF THE WORLD'S GREATEST CITIES, NOTHING ELSE WILL SUFFICE. OUR PROGRAMMING CONTINUES TO EVOLVE. THE AUDITORIUM'S PRESENTED SEASON ANNUALLY FEATURES AN ECLECTIC MIX THAT RANGES FROM CLASSICAL BALLET TO CONTEMPORARY DANCE, AND OUR KINETIC, SELF-PRODUCED MUSICAL EXPERIENCE, "TOO HOT TO HANDEL: THE JAZZ-GOSPEL MESSIAH," COMBINES DYNAMIC JAZZ IMPROVISATION WITH A BELOVED CLASSICAL MUSIC COMPOSITION. THIS PRODUCTION ALSO SHOWCASES DOZENS OF LOCAL MUSICIANS, A VOLUNTEER CHOIR, AND THREE EXCEPTIONAL SOLOISTS, WHO COLLECTIVELY CREATE A TRUE COMMUNITY EXPERIENCE. THUS, WHILE WE ARE COMMITTED TO PRESENTING UNPARALLELED NATIONAL AND INTERNATIONAL COMPANIES, WE ARE EVER MINDFUL OF THE DIVERSITY OF THE LANDSCAPE THE SURROUNDS US. WE ACTIVELY PURSUE ARTISTIC GROUPS THAT SHOWCASE LOCAL TALENT AND EMBRACE DIVERSITY, MULTICULTURALISM, AND EQUITY. WE REMAIN PROFOUNDLY DEDICATED TO PRINCIPLES OF INCLUSION AND CONTINUOUSLY SEARCH FOR NEW AVENUES TO EXPRESS THESE CRUCIAL IDEALS. THE AUDITORIUM'S ENRICHMENT EXPERIENCES CONSTITUTE AN EQUALLY INTEGRAL AREA OF FOCUS. PROGRAMS SUCH AS "HEARTS TO ART," A SUMMER ARTS CAMP FOR CHILDREN WHO HAVE EXPERIENCED THE DEATH OF A PARENT, ARE CRUCIAL TO USING MUSIC, DANCE, THEATRE, AND CREATIVE PLAY AS A CONDUIT FOR GROWTH, GUIDANCE AND HEALING. SIMILARLY, OUR INNOVATIVE ARTSXCHANGE PROFESSIONAL DEVELOPMENT OPPORTUNITY PROVIDES EDUCATORS WITH TOOLS FOR TEACHING ARTS EDUCATION TO THEIR STUDENTS. ADDITIONAL ENGAGEMENT EFFORTS SUCH AS OUR ADMIT ONE PROGRAM, PROVIDES COMMUNITY GROUPS THAT HAVE LIMITED RESOURCES AND MINIMAL ACCESS TO THE ARTS WITH OPPORTUNITIES TO EXPERIENCE WORLD-CLASS PERFORMANCES, AND OUR MASTER CLASSES HELP STUDENTS FROM THROUGHOUT THE CHICAGO AREA ENGAGE THE ARTS ON A DEEPER LEVEL AND ILLUSTRATE THAT OUR DEDICATION TO OUR PATRONS EXTENDS BEYOND THE STAGE AND INTO OUR COMMUNITIES. AT THE CENTER OF OUR MISSION IS THE COMMITMENT TO THE ONGOING RESTORATION AND PRESERVATION OF OUR NATIONAL HISTORIC LANDMARK. WE HAVE RECENTLY TAKEN SIGNIFICANT STEPS TO ENSURE THE SUCCESS OF OUR PRESERVATION GOALS, WHICH INCLUDE EXPANDING PUBLIC ACCESS TO THE STORIES OF INNOVATION, EXCELLENCE, AND DIVERSITY THAT INTERSECT WITH THE TREMENDOUS LEGACY OF THE AUDITORIUM THEATRE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Chief Executive Officer | OfficerTrustee | 38 | $300,916 |
Name Not Listed Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 10 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Dnr Laboratories Production Equipment | 8/30/23 | $765,221 |
Allied Global Marketing Advertising | 8/30/23 | $305,899 |
Bulley And Andrews Llc Contractor Services | 8/30/23 | $194,821 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $118,574 |
Related organizations | $4,000 |
Government grants | $438,215 |
All other contributions, gifts, grants, and similar amounts not included above | $1,735,177 |
Noncash contributions included in lines 1a–1f | $409,187 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,295,966 |
Total Program Service Revenue | $8,775,971 |
Investment income | $175,947 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $99,204 |
Net Income from Fundraising Events | -$70,373 |
Net Income from Gaming Activities | $2,610 |
Net Income from Sales of Inventory | $332,679 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,614,342 |
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. | $791,057 |
Compensation of current officers, directors, key employees. | $201,489 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,248,763 |
Pension plan accruals and contributions | $225,347 |
Other employee benefits | $501,447 |
Payroll taxes | $310,687 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $174,983 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,058 |
Fees for services: Other | $2,223,120 |
Advertising and promotion | $471,471 |
Office expenses | $312,887 |
Information technology | $168,805 |
Royalties | $16,851 |
Occupancy | $658,298 |
Travel | $16,486 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $470 |
Interest | -$5,482 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $334,382 |
Insurance | $330,273 |
All other expenses | $12,923 |
Total functional expenses | $14,131,891 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,249,720 |
Savings and temporary cash investments | $4,027,562 |
Pledges and grants receivable | $488,494 |
Accounts receivable, net | $258,024 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $55,780 |
Prepaid expenses and deferred charges | $721,516 |
Net Land, buildings, and equipment | $4,079,545 |
Investments—publicly traded securities | $1,552,838 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,379 |
Total assets | $12,453,858 |
Accounts payable and accrued expenses | $1,146,997 |
Grants payable | $0 |
Deferred revenue | $4,787,226 |
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 | $132,499 |
Total liabilities | $6,066,722 |
Net assets without donor restrictions | $5,318,893 |
Net assets with donor restrictions | $1,068,243 |
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 | $12,453,858 |