Filament Theatre Ensemble NFP

Analysis

Filament Theatre Ensemble NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Filament Theatre Ensemble NFP reported income of $348k and spending of $356k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $288k to $348k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Filament Theatre Ensemble NFP sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Hulls Angels Inc ($348k), Howard County Historical Society Inc ($348k) and Paint a Miracle ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $111k (31% of expenses). At year end it held assets of $80k against liabilities of $112k, net assets of -$32k. It reported 3 employees.