Serendipity Theatre Co
EIN: 364289710 · Chicago, IL · NTEE: A61
| Metric | Value |
|---|---|
| Total Revenue | $590K |
| Total Expenses | $585K |
| Net Assets | $308K |
Is Serendipity Theatre Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Serendipity Theatre Co
Serendipity Theatre Co (EIN: 364289710) is a nonprofit organization based in Chicago, IL, classified under NTEE code A61. The organization reported total revenue of $590K and total assets of $372K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Serendipity Theatre Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Serendipity Theatre Co is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $491K |
| Total Expenses | $585K |
| Surplus / Deficit | $-93,790 |
| Total Assets | $364K |
| Total Liabilities | $56K |
| Net Assets | $308K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 15.3% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2024, Serendipity Theatre Co reported a deficit of $94K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 15.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Serendipity Theatre Co's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -14.4% | +23.1% | -23.3% |
| 2023 | +27.3% | +17.9% | +52.1% |
| 2022 | +21.4% | +46.4% | +8.8% |
| 2021 | +20.1% | +8.0% | +51.6% |
| 2020 | +26.9% | +11.1% | +81.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Serendipity Theatre Co has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Serendipity Theatre Co with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $94K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.3%.
Frequently Asked Questions about Serendipity Theatre Co
Is Serendipity Theatre Co a legitimate charity?
Serendipity Theatre Co (EIN: 364289710) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $590K. No red flags identified. Financial health grade: B.
How does Serendipity Theatre Co spend its money?
Serendipity Theatre Co reported $590K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Serendipity Theatre Co tax-deductible?
Serendipity Theatre Co is registered as a tax-exempt nonprofit (EIN: 364289710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Serendipity Theatre Co located?
Serendipity Theatre Co is headquartered in Chicago, Illinois and files with the IRS under EIN 364289710. It is classified under NTEE code A61.
How many years of IRS 990 filings does Serendipity Theatre Co have?
Serendipity Theatre Co has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $590K in total revenue.
Filing History
IRS 990 filing history for Serendipity Theatre Co showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Serendipity Theatre Co's revenue has grown by 681%, moving from $63K to $491K. Total assets increased by 5342% over the same period, from $7K to $364K. Total functional expenses rose by 776.2%, from $67K to $585K. In its most recent filing year (2024), Serendipity Theatre Co reported a deficit of $94K, with expenses exceeding revenue. The organization holds $56K in liabilities against $364K in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $308K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $491K | $585K | $364K | $56K | — | — |
| 2023 | $574K | $475K | $474K | $73K | — | — |
| 2022 | $451K | $403K | $312K | $9K | — | View 990 |
| 2021 | $372K | $275K | $287K | $32K | — | View 990 |
| 2020 | $309K | $255K | $189K | $31K | — | View 990 |
| 2019 | $244K | $229K | $104K | $0 | — | View 990 |
| 2018 | $220K | $174K | $90K | $0 | — | View 990 |
| 2017 | $113K | $101K | $44K | $0 | — | View 990 |
| 2016 | $106K | $90K | $33K | $0 | — | View 990 |
| 2015 | $77K | $84K | $17K | $169 | — | View 990 |
| 2014 | $87K | $79K | $24K | $169 | — | View 990 |
| 2013 | $82K | $75K | $16K | $169 | — | View 990 |
| 2012 | $47K | $46K | $8K | $0 | — | View 990 |
| 2011 | $63K | $67K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $491K, expenses of $585K, and assets of $364K (revenue -14.4% year-over-year).
- 2023: Revenue of $574K, expenses of $475K, and assets of $474K (revenue +27.3% year-over-year).
- 2022: Revenue of $451K, expenses of $403K, and assets of $312K (revenue +21.4% year-over-year).
- 2021: Revenue of $372K, expenses of $275K, and assets of $287K (revenue +20.1% year-over-year).
- 2020: Revenue of $309K, expenses of $255K, and assets of $189K (revenue +26.9% year-over-year).
- 2019: Revenue of $244K, expenses of $229K, and assets of $104K (revenue +10.9% year-over-year).
- 2018: Revenue of $220K, expenses of $174K, and assets of $90K (revenue +95.3% year-over-year).
- 2017: Revenue of $113K, expenses of $101K, and assets of $44K (revenue +6.2% year-over-year).
- 2016: Revenue of $106K, expenses of $90K, and assets of $33K (revenue +37.6% year-over-year).
- 2015: Revenue of $77K, expenses of $84K, and assets of $17K (revenue -11.5% year-over-year).
- 2014: Revenue of $87K, expenses of $79K, and assets of $24K (revenue +5.8% year-over-year).
- 2013: Revenue of $82K, expenses of $75K, and assets of $16K (revenue +74.9% year-over-year).
- 2012: Revenue of $47K, expenses of $46K, and assets of $8K (revenue -25.3% year-over-year).
- 2011: Revenue of $63K, expenses of $67K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Serendipity Theatre Co:
Data Sources and Methodology
This transparency report for Serendipity Theatre Co is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.