Greenhouse Theater Center NFP

Analysis

Greenhouse Theater Center NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greenhouse Theater Center NFP reported income of $896k and spending of $886k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $896k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 669%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greenhouse Theater Center NFP sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Spreckels Organ Society ($896k), Company E Inc ($896k) and Anchorage Opera Company ($896k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $256k. At year end it held assets of $342k against liabilities of $125k, net assets of $218k. It reported 12 employees.