Theatre Of Western Springs
EIN: 366113372 · Western Sprgs, IL · NTEE: A65Z
Is Theatre Of Western Springs Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Theatre Of Western Springs
Theatre Of Western Springs (EIN: 366113372) is a nonprofit organization based in Western Sprgs, IL, classified under NTEE code A65Z. The organization reported total revenue of $1.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Theatre Of Western Springs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Theatre Of Western Springs is a mid-size nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $747K |
| Total Expenses | $815K |
| Surplus / Deficit | $-67,732 |
| Total Assets | $2.1M |
| Total Liabilities | $253K |
| Net Assets | $1.9M |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 31.1 months |
Financial Health Grade: B
In 2023, Theatre Of Western Springs reported a deficit of $68K with expenses exceeding revenue, holds 31.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Theatre Of Western Springs's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.3% | +13.6% | +2.0% |
| 2022 | -4.4% | +71.2% | +7.6% |
| 2021 | +46.4% | -49.0% | +75.8% |
| 2020 | -16.9% | +3.3% | -11.8% |
| 2019 | -4.0% | -19.6% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Theatre Of Western Springs 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 Theatre Of Western Springs 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 deficit of $68K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Frequently Asked Questions about Theatre Of Western Springs
Is Theatre Of Western Springs a legitimate charity?
Based on AI analysis of IRS 990 filings, Theatre Of Western Springs (EIN: 366113372) insufficient data. 0 red flags identified, 0 strengths noted.
How does Theatre Of Western Springs spend its money?
Detailed spending breakdown data is not yet available for Theatre Of Western Springs. Check back for updated IRS 990 analysis.
Are donations to Theatre Of Western Springs tax-deductible?
Theatre Of Western Springs is registered as a tax-exempt nonprofit (EIN: 366113372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Theatre Of Western Springs showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Theatre Of Western Springs's revenue has declined by 3.1%, moving from $772K to $747K. Total assets increased by 41.9% over the same period, from $1.5M to $2.1M. Total functional expenses rose by 4.4%, from $781K to $815K. In its most recent filing year (2023), Theatre Of Western Springs reported a deficit of $68K, with expenses exceeding revenue. The organization holds $253K in liabilities against $2.1M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $747K | $815K | $2.1M | $253K | — | — |
| 2022 | $1.1M | $718K | $2.1M | $178K | — | View 990 |
| 2021 | $1.1M | $419K | $1.9M | $222K | — | View 990 |
| 2020 | $766K | $822K | $1.1M | $148K | — | View 990 |
| 2019 | $922K | $795K | $1.2M | $237K | — | View 990 |
| 2018 | $961K | $989K | $1.1M | $272K | — | View 990 |
| 2017 | $761K | $894K | $1.2M | $293K | — | View 990 |
| 2016 | $864K | $783K | $1.2M | $200K | — | View 990 |
| 2015 | $804K | $762K | $1.2M | $235K | — | View 990 |
| 2014 | $836K | $903K | $1.1M | $233K | — | View 990 |
| 2013 | $790K | $999K | $1.2M | $248K | — | View 990 |
| 2012 | $839K | $808K | $1.4M | $227K | — | View 990 |
| 2011 | $772K | $781K | $1.5M | $332K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $747K, expenses of $815K, and assets of $2.1M (revenue -30.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $718K, and assets of $2.1M (revenue -4.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $419K, and assets of $1.9M (revenue +46.4% year-over-year).
- 2020: Revenue of $766K, expenses of $822K, and assets of $1.1M (revenue -16.9% year-over-year).
- 2019: Revenue of $922K, expenses of $795K, and assets of $1.2M (revenue -4.0% year-over-year).
- 2018: Revenue of $961K, expenses of $989K, and assets of $1.1M (revenue +26.2% year-over-year).
- 2017: Revenue of $761K, expenses of $894K, and assets of $1.2M (revenue -11.9% year-over-year).
- 2016: Revenue of $864K, expenses of $783K, and assets of $1.2M (revenue +7.5% year-over-year).
- 2015: Revenue of $804K, expenses of $762K, and assets of $1.2M (revenue -3.9% year-over-year).
- 2014: Revenue of $836K, expenses of $903K, and assets of $1.1M (revenue +5.9% year-over-year).
- 2013: Revenue of $790K, expenses of $999K, and assets of $1.2M (revenue -5.8% year-over-year).
- 2012: Revenue of $839K, expenses of $808K, and assets of $1.4M (revenue +8.7% year-over-year).
- 2011: Revenue of $772K, expenses of $781K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Theatre Of Western Springs 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.