The 16Th Street Theater NFP

Nonprofit profile at a glance

EIN
264031009
IRS 990-EZ coverage
2022–2022
Forms available
Form 990 2020, Form 990-EZ 2022, Form 990-N 2009
Location
Berwyn, IL, USA
Phone
2142546338
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$88,658
Expenses
$196,493
Assets
$57,459

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Richard Sehl (President)
  • Kristen Vehill (Vice President)

People named in this filing

  • Richard Sehl (President)
  • Kristen Vehill (Vice President)
  • Susan Charrette (Treasurer)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The 16th Street Theater exists to encourage debate, discussion and compassion amongst our community by creating and producing intimate and diverse theater with the playwright as our central focus.

What it reported doing in 2022

The 16th street theater developed and produced diverse new plays in order to tell the stories of all in our community. In 2022, the theater produced two world premiere shows, one of which was awarded a joseph jefferson award for best new play. The shows ran for 18 performances each, with more than 250 tickets made available free to the community. Four new plays were developed through the write collective, a virtual weekly writers group that originated during the covid lockdown and continued through november 2022. The write collective mentored new playwrights and developed their work, offering free guidance and space for a diverse range of artists to create. The write collective presented free virtual staged readings of new plays to the community four times a year. Due to the end of the collaboration with the north berwyn park district which provided the space for the theater, 16th street made the difficult decision to close down at the end of 2022, making this its last season.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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: 93
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.8%; rating input score 96

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -121.6%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 19; 19th 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: -19.3% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -12.1% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $188K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.