Northlight Theatre Inc
Nonprofit profile at a glance
- EIN
- 237390464
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Skokie, IL, USA
- Phone
- 8476736300
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Theater
Reported finances
- Revenue
- $12,006,489
- Expenses
- $4,402,844
- Assets
- $31,046,670
- Liabilities
- $6,434,500
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- TIMOTHY EVANS (EXECUTIVE DIRECTOR)
Highest reported compensation
- TIMOTHY EVANS (EXECUTIVE DIRECTOR): $165,712 total reported compensation
- WILLIAM JONES (ARTISTIC DIRECTOR): $160,800 total reported compensation
- JANET MULLET (MANAGING DIRECTOR): $120,728 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Northlight theatre aspires to promote change of perspective and encourage compassion by exploring the depth of our humanity across a bold spectrum of theatrical experiences. We seek to entertain, enlighten, and electrify our audiences through contemporary dramas, intimate musicals and refreshed classics. We are fearless in our commitment to champion new work, and to provide a nurturing and creative home for our artists. We are relentless in our pursuit of excellence through our productions, our business practices, our outreach, and our education. Northlight theatre reflects our community to the world and the world to our community.
What it reported doing in 2024
Northlight season of theatrical works - mainstage productions that contribute to the cultural profile of the community.
Operating model
- Revenue model
- Donor-supported. 71% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 89
- Accountability: 96
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.2%; rating input score 27
- Program expense ratio: 65.5%; rating input score 66
- Fundraising efficiency: $22.18 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 93.5%; rating input score 94; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 63.3%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 7.05; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 10.2%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 23.8% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 27.2% of revenue deployed · 65.5% of spending went to programs
- Governance: 29 of 31 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.9M in reported program spending
- Leadership: top reported pay $166K · 32 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $7.1M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 27/100.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.