Steep Theatre Company
EIN: 364459659 · Chicago, IL · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $517K |
| Total Expenses | $475K |
| Net Assets | $1.2M |
Is Steep Theatre Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steep Theatre Company
Steep Theatre Company (EIN: 364459659) is a nonprofit organization based in Chicago, IL, classified under NTEE code A65. The organization reported total revenue of $517K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steep Theatre Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steep Theatre Company is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $564K |
| Total Expenses | $475K |
| Surplus / Deficit | +$89K |
| Total Assets | $2.4M |
| Total Liabilities | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 49.6% |
| Months of Reserves | 61.3 months |
Financial Health Grade: A
In 2023, Steep Theatre Company reported a surplus of $89K with revenue exceeding expenses, holds 61.3 months of operating reserves (strong position), has a debt-to-asset ratio of 49.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Steep Theatre Company's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.9% | +6.2% | +2.6% |
| 2022 | +198.8% | +172.5% | +299.1% |
| 2021 | -22.5% | -71.0% | +89.1% |
| 2020 | -1.3% | +23.7% | -21.7% |
| 2019 | -22.6% | +41.3% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Steep Theatre Company 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 Steep Theatre Company 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 49.6%.
Frequently Asked Questions about Steep Theatre Company
Is Steep Theatre Company a legitimate charity?
Steep Theatre Company (EIN: 364459659) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $517K. No red flags identified. Financial health grade: A.
How does Steep Theatre Company spend its money?
Steep Theatre Company reported $517K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Steep Theatre Company tax-deductible?
Steep Theatre Company is registered as a tax-exempt nonprofit (EIN: 364459659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steep Theatre Company located?
Steep Theatre Company is headquartered in Chicago, Illinois and files with the IRS under EIN 364459659. It is classified under NTEE code A65.
How many years of IRS 990 filings does Steep Theatre Company have?
Steep Theatre Company has 13 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 $517K in total revenue.
Filing History
IRS 990 filing history for Steep Theatre Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Steep Theatre Company's revenue has grown by 336.5%, moving from $129K to $564K. Total assets increased by 4883.9% over the same period, from $49K to $2.4M. Total functional expenses rose by 289.6%, from $122K to $475K. In its most recent filing year (2023), Steep Theatre Company reported a surplus of $89K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $2.4M in assets (debt-to-asset ratio: 49.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $564K | $475K | $2.4M | $1.2M | — | View 990 |
| 2022 | $1.0M | $447K | $2.4M | $1.2M | — | View 990 |
| 2021 | $343K | $164K | $593K | $35K | — | View 990 |
| 2020 | $442K | $567K | $313K | $92K | — | View 990 |
| 2019 | $448K | $458K | $400K | $53K | — | View 990 |
| 2018 | $578K | $324K | $399K | $42K | — | View 990 |
| 2017 | $294K | $266K | $134K | $31K | — | View 990 |
| 2016 | $277K | $263K | $97K | $21K | — | View 990 |
| 2015 | $192K | $202K | $77K | $16K | — | View 990 |
| 2014 | $167K | $157K | $85K | $13K | — | View 990 |
| 2013 | $102K | $135K | $62K | $0 | — | View 990 |
| 2012 | $207K | $160K | $95K | $0 | — | View 990 |
| 2011 | $129K | $122K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $564K, expenses of $475K, and assets of $2.4M (revenue -44.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $447K, and assets of $2.4M (revenue +198.8% year-over-year).
- 2021: Revenue of $343K, expenses of $164K, and assets of $593K (revenue -22.5% year-over-year).
- 2020: Revenue of $442K, expenses of $567K, and assets of $313K (revenue -1.3% year-over-year).
- 2019: Revenue of $448K, expenses of $458K, and assets of $400K (revenue -22.6% year-over-year).
- 2018: Revenue of $578K, expenses of $324K, and assets of $399K (revenue +96.9% year-over-year).
- 2017: Revenue of $294K, expenses of $266K, and assets of $134K (revenue +6.1% year-over-year).
- 2016: Revenue of $277K, expenses of $263K, and assets of $97K (revenue +44.1% year-over-year).
- 2015: Revenue of $192K, expenses of $202K, and assets of $77K (revenue +15.1% year-over-year).
- 2014: Revenue of $167K, expenses of $157K, and assets of $85K (revenue +64.3% year-over-year).
- 2013: Revenue of $102K, expenses of $135K, and assets of $62K (revenue -50.9% year-over-year).
- 2012: Revenue of $207K, expenses of $160K, and assets of $95K (revenue +60.0% year-over-year).
- 2011: Revenue of $129K, expenses of $122K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steep Theatre Company:
Data Sources and Methodology
This transparency report for Steep Theatre Company 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.