Ghostlight Etc
Nonprofit profile at a glance
- EIN
- 880989643
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Downers Grove, IL, USA
- Phone
- 7082610292
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Performing Arts Centers
Reported finances
- Revenue
- $20,409
- Expenses
- $30,451
- Assets
- $6,666
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- CAROLINA MENAPACE (PRESIDENT)
People named in this filing
- CAROLINA MENAPACE (PRESIDENT)
- WILLIAM HUNTER EVANS (TREASURER)
- MICHAELE DOHERTY (DIRECTOR)
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
Ghostlight etc's mission sector plans on allowing scholarships and vocation-centered programming, we hope to allow students to gain experience and skill sets that they may not have had access to otherwise. The arts are for everyone, and by operating our nonprofit in a way that is aligned in our mission, we can provide artistic enrichment to members of our community from whom it may be missing. The talent, stories, and voices in our community speak greater volumes than any one theatrical production. The art form of theatre offers a wealth of experiences that allow us to grow in our musicality, creativity, and discipline; among many other things. Over the span of our student's theatrical training, we hope that they can find a greater sense of self confidence and leadership. Our activity is meant to grant opportunities to youth in our community to be able to explore their voices, tell their stories, and foster their talents.
What it reported doing in 2024
Providing students in the area with access to theatrical programs and education that do not have the means to pay the tuition to enroll.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.7%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -49.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -60.7% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 42.8% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 13/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.