Bombshell Theatre Company
Nonprofit profile at a glance
- EIN
- 861405425
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Wauwatosa, WI, USA
- Phone
- 2625011426
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $108,735
- Expenses
- $111,313
- Assets
- $4,414
- Liabilities
- $4,975
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Tim Albrechtson (President)
- Eric Welch (Vice-President)
People named in this filing
- Tim Albrechtson (President)
- Eric Welch (Vice-President)
- Madison Nowak (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the performing arts.
What it reported doing in 2024
Internships or Volunteer Programs: Facilitated internships for students and volunteers in set design and lighting, supporting hands-on learning in technical theater.
Operating model
- Revenue model
- Other-operating. 78% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 100
- Sustainability: 22
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.5%; rating input score 59
- Program expense ratio: 58.1%; rating input score 58
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.4%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: -7.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -49.7% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 59.5% of revenue deployed · 58.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $65K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.