Civic Intelligence

The Tws Foundation

990 • Fiscal year 2024 • EIN 20-5693587

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 11, 2024

Refreshing map…

4384 Hampton AvenueWestern Springs, IL 60558

(708) 246-4043

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

62%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.9%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Flat

$1,585,198

Flat from 2024

Net Assets

Flat

$1,584,623

Flat from 2024

Liabilities

Flat

$575

Flat from 2024

Revenue

Flat

$73,840

Flat from 2024

Expenses

Flat

$28,287

Flat from 2024

Net Income

Flat

$45,553

Flat from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $300,069Liabilities 2011: $02011Assets 2012: $353,484Liabilities 2012: $02012Assets 2013: $573,350Liabilities 2013: $2,558Net Assets 2013: $570,7922013Assets 2014: $697,252Liabilities 2014: $593Net Assets 2014: $696,6592014Assets 2015: $686,026Liabilities 2015: $4,150Net Assets 2015: $681,8762015Assets 2016: $731,794Liabilities 2016: $3,200Net Assets 2016: $728,5942016Assets 2017: $974,422Liabilities 2017: $3,600Net Assets 2017: $970,8222017Assets 2018: $1,056,087Liabilities 2018: $5,800Net Assets 2018: $1,050,2872018Assets 2019: $1,167,273Liabilities 2019: $735Net Assets 2019: $1,166,5382019Assets 2020: $1,124,875Liabilities 2020: $0Net Assets 2020: $1,124,8752020Assets 2021: $1,385,469Liabilities 2021: $0Net Assets 2021: $1,385,4692021Assets 2022: $1,278,662Liabilities 2022: $0Net Assets 2022: $1,278,6622022Assets 2023: $1,408,025Liabilities 2023: $0Net Assets 2023: $1,408,0252023Assets 2024: $1,585,198Liabilities 2024: $575Net Assets 2024: $1,584,6232024Assets 2024: $1,585,198Liabilities 2024: $575Net Assets 2024: $1,584,6232024Assets 2025: $2,356,734Liabilities 2025: $0Net Assets 2025: $2,356,7342025

Highlighted filing

2024

Assets$1,585,198
Liabilities$575
Net Assets$1,584,623

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Revenue 2011: $35,726Expenses 2011: $9,232Net Income 2011: $26,4942011Revenue 2012: $70,357Expenses 2012: $11,192Net Income 2012: $59,1652012Revenue 2013: $220,596Expenses 2013: $21,005Net Income 2013: $199,5912013Revenue 2014: $74,861Expenses 2014: $18,496Net Income 2014: $56,3652014Revenue 2015: $26,037Expenses 2015: $19,551Net Income 2015: $6,4862015Revenue 2016: $58,862Expenses 2016: $12,144Net Income 2016: $46,7182016Revenue 2017: $255,738Expenses 2017: $13,510Net Income 2017: $242,2282017Revenue 2018: $67,509Expenses 2018: $9,412Net Income 2018: $58,0972018Revenue 2019: $122,448Expenses 2019: $10,478Net Income 2019: $111,9702019Revenue 2020: $54,977Expenses 2020: $17,992Net Income 2020: $36,9852020Revenue 2021: $63,578Expenses 2021: $60,863Net Income 2021: $2,7152021Revenue 2022: $78,493Expenses 2022: $18,005Net Income 2022: $60,4882022Revenue 2023: $67,208Expenses 2023: $9,615Net Income 2023: $57,5932023Revenue 2024: $73,840Expenses 2024: $28,287Net Income 2024: $45,5532024Revenue 2024: $73,840Expenses 2024: $28,287Net Income 2024: $45,5532024Revenue 2025: $665,516Expenses 2025: $23,783Net Income 2025: $641,7332025

Highlighted filing

2024

Revenue$73,840
Expenses$28,287
Net Income$45,553
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 11, 2024
Return Version
2023v5.1
Gross Receipts
$147,875
Mission and Program Overview

Mission

To encourage and care for contributions that support the art of living theatre in entertaining, educating and inspiring generations through the art of live theatre in the western suburbs of chicago

Encourage and care for contributions that support the entertainment, education, and inspiration of multiple generations through the art of live theatre in the western suburbs of chicago.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,383,561$1,570,923▲ $187,362
Cap Stk Tr Prin Current Funds$704,630$803,208▲ $98,578
Rtn Earn Endowment Incm Other Fnds$703,395$781,415▲ $78,020
Cash and Non-Interest-Bearing Accounts$24,464$14,275▼ $10,189
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,408,025$1,585,198▲ $177,173
Liabilities
Accounts Payable and Accrued Expenses-$575-
Total Liabilities$0$575▲ $575
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,408,025$1,584,623▲ $176,598
Total Liabilities and Net Assets / Fund Balance$1,408,025$1,585,198▲ $177,173

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$20,678$20,678

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$703,395-▲ $85,565-$781,415
2022$644,339-▲ $59,056-$703,395
2021$710,463-▼ $66,124-$644,339
2020$607,204-▲ $103,259-$710,463
2019$629,064-▼ $21,861-$606,483
Compensation and Service Providers

Board Members and Trustees

NameTitle
John PodliskaPresident
Peggy CarlsonVice President
Edward WavakTrustee
Karla HudsonTrustee
LORI D'ASTATrustee
Laura Ciresi StarrTrustee
Robert ErckTrustee
Sara TorreyTrustee
Timothy GannonTrustee
Walter KnakeTrustee
Linda BugielskiSecretary
Brian T WhitlockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,298
Program Service Revenue
$0
Investment Income
$49,542
Other Revenue
$0
All Other Contributions
$24,298
Change in Net Assets
$45,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,745
Other Expenses$12,542
Total Fundraising Expense$3,851
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$8,226-$8,226
Grants to Domestic Orgs$8,200--$8,200
Grants to Domestic Individuals$7,545--$7,545
Insurance-$425-$425
Other Expenses-$25$318$25
Total Functional Expenses$15,745$8,691$3,851$28,287
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Theatre of Western SpringsWestern Springs, IL501(c)(3)Support the Art of Live Theatre in the Western Suburbs of Chicago$8,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The treasurer reviews irs form 990 and discusses the contents of the form with the entire board of trustees at an open meeting of the board of trustees.

Form 990, Part VI, Section B, Line 12C

All members of the board of trustees are required to complete and sign a writted conflict of interest disclosure. The chair requires all officers and members of the theatre's board of governors to recuse themselves from any discussions or vote on matters that might impact donations made to the theatre of western springs or related matters when they arise.

Form 990, Part VI, Section B, Line 15

There are no employees. No compensation is paid to any officer or trustee. All serve as unpaid volunteers.

Form 990, Part VI, Section C, Line 18

Redacted copies are available on-line through guidestar (www.guidestar.org) and the illinois attorney general (www.illinoisattorneygeneral.gov/charities/). Copies also available upon request to any member of the board of trustees.

Form 990, Part VI, Section C, Line 19

Form 990, part iii, line 7a - election of members and their rights nine of the twelve board of trustees are elected by the over 250 active members of the theatre of western springs. Candidates are active members of the theatre, residents and business members of the community of western springs. Three of the twelve board of trustees are elected to the theatre of western springs board of governors by the over 250 active members of the theatre and automatically hold dual positions on the board of governors and the board of trustees. Form 990, part vi, line 12c - enforcement of conflicts of interest policy all members of the board of trustees and officers are required to complete and sign an annual written conflict of interest disclosure. Three of the trustees are also members of the theatre of western springs board of governers. The three members of the board of governors are not permitted to vote on any matter dealing with grants to the theatre. All members are required to recuse themselves from any discussion dealing with conflicted subjects when and if they arise.

Filing and Contact Details

Filer

Filer Name
The Tws Foundation
EIN
20-5693587
Phone
7082464043
Address
4384 HAMPTON AVENUE, WESTERN SPRINGS, IL 60558

Signing Officer

Name
Brian T Whitlock
Title
Treasurer
Phone
3129259409
Signed
2024-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Podliska
Formed
2006
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
10
Employees
0
Volunteers
15

Preparer

Firm
Jesser Ravid Jason Basso and Farber Llp
Address
230 W MONROE STREET SUITE 2300, CHICAGO, IL 60606-5014
Preparer
Brian T Whitlock
Phone
3127824710
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The tws foundation holds and invests four permanently restricted funds: 1) the endowment fund of the theatre of the western springs; 2) the ella heimbrodt scholarship fund 3) the vicky traut scholarship fund; and 4) the theatre of western springs fund. None of these funds are charged for the administrative expenses of the foundation.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/OtherExpensesGrp/Desc0PRINTING AND COPYING
IRS990/OtherExpensesGrp/Desc1AWARDS AND PLAQUES
IRS990/OtherExpensesGrp/Desc2CORPORATION
IRS990/OtherExpensesGrp/FundraisingAmt03533
IRS990/OtherExpensesGrp/FundraisingAmt1318
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt125
IRS990/OtherExpensesGrp/TotalAmt03548
IRS990/OtherExpensesGrp/TotalAmt1318
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN PODLISKA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE SCHOLARSHIPS TO HIGH SCHOOL STUDENTS PURSUING STUDIES IN THEATRE ARTS THROUGH THE TWS HIGH SCHOOL REPARATORY PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07545
IRS990/ProgSrvcAccomActy2Grp/GrantAmt07545
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019579
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06600
IRS990/PYInvestmentIncomeAmt047629
IRS990/PYOtherExpensesAmt03015
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt057593
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt09615
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt067208
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt045553
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0703395
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0781415
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE TWS FOUNDATION SUPPORTS THE EFFORTS OF THE THEATRE OF WESTERN SPRINGS, AN INDEPENDENT 501(C)(3) PUBLIC CHARITY. THE BOARD TRUSTEES OF THE TWS FOUNDATION CONSISTS OF 13 MEMBERS, THREE OF MEMBER OF THE BOARD OF TRUSTEES ARE ALSO MEMBERS OF THE BOARD OF GOVERNORS OF THE THEATRE OF WESTERN SPRINGS. THUS, THE BOARD OF GOVERNORS THEATRE OF WESTERN SPRINGS DOES NOT HAVE VOTING CONTROL OVER THE TWS FOUNDATION. HOWEVER, THE ACTIVE MEMBERS OF THE THEATRE ELECT BOTH THE BOARD OF GOVERNORS OF THE THEATRE AND THE BOARD OF TRUSTEES OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE PURPOSE OF THE THE TWS FOUNDATION IS TO SUPPORT THE ART OF LIVE THEATRE IN THE WESTERN SUBURBS OF CHICAGO. THE BY-LAWS OF THE ORGANIZATION CURRENTLY CALL FOR THE FOUNDATION TO DONATE 1/2 OF ITS EARNED INCOME ON NON-RESTRICTED FUNDS TO THE THEATRE OF WESTERN SPRINGS. HOWEVER, THE FOUNDATION IS NOT REQUIRED TO DONATE SOLELY TO THE THEATRE OF WESTERN SPRINGS AND HAS FROM TIME TO TIME CONTRIBUTED TO SUPPORT OTHER LIVE THEATRE IN THE WESTERN SUBURBS OF CHICAGO.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 12(D)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0366113372
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt08200
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THEATRE OF WESTERN SPRINGS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt08200
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0703395
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0781415
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt07545
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt085565
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0644339
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0703395
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt059056
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0710463
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0644339
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-66124
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0607204
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0710463
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103259
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0629064
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0606483
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0720
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-21861
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020678
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TWS FOUNDATION HOLDS AND INVESTS FOUR PERMANENTLY RESTRICTED FUNDS: 1) THE ENDOWMENT FUND OF THE THEATRE OF THE WESTERN SPRINGS; 2) THE ELLA HEIMBRODT SCHOLARSHIP FUND 3) THE VICKY TRAUT SCHOLARSHIP FUND; AND 4) THE THEATRE OF WESTERN SPRINGS FUND. NONE OF THESE FUNDS ARE CHARGED FOR THE ADMINISTRATIVE EXPENSES OF THE FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07545
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt08200
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT THE ART OF LIVE THEATRE IN THE WESTERN SUBURBS OF CHICAGO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE THEATRE OF WESTERN SPRINGS
IRS990ScheduleI/RecipientTable/RecipientEIN0366113372
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04384 HAMPTON AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WESTERN SPRINGS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060558
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0UP TO 1/2 OF THE INCOME EARNED ON UNRESTRICTED ASSETS EACH CALENDAR YEAR IS OFFERED TO THE THEATRE OF WESTERN SPRINGS, THE SUPPORTED ORGANIZATION OF THE FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION OPERATES TWO SCHOLARSHIPS FOR THE BENEFIT OF INDIVIDUALS REGISTERED IN THE CHILDREN'S THEATRE OF WESTERN SPRINGS WHO ARE GRADE SCHOOL GRADUATES WHICH TO PURSUE THEATRE CLASS AS PART OF THE HIGH SCHOOL REPARATORY PROGRAM. SIX INDIVIDUALS RECEIVED SCHOLARSHIPS IN 2023 TO MAKE UP FOR THE AWARDS HAVING BEEN SUSPENDED DURING COVID.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1INDIVIDUAL GRANTS
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS IRS FORM 990 AND DISCUSSES THE CONTENTS OF THE FORM WITH THE ENTIRE BOARD OF TRUSTEES AT AN OPEN MEETING OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO COMPLETE AND SIGN A WRITTED CONFLICT OF INTEREST DISCLOSURE. THE CHAIR REQUIRES ALL OFFICERS AND MEMBERS OF THE THEATRE'S BOARD OF GOVERNORS TO RECUSE THEMSELVES FROM ANY DISCUSSIONS OR VOTE ON MATTERS THAT MIGHT IMPACT DONATIONS MADE TO THE THEATRE OF WESTERN SPRINGS OR RELATED MATTERS WHEN THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE ARE NO EMPLOYEES. NO COMPENSATION IS PAID TO ANY OFFICER OR TRUSTEE. ALL SERVE AS UNPAID VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REDACTED COPIES ARE AVAILABLE ON-LINE THROUGH GUIDESTAR (WWW.GUIDESTAR.ORG) AND THE ILLINOIS ATTORNEY GENERAL (WWW.ILLINOISATTORNEYGENERAL.GOV/CHARITIES/). COPIES ALSO AVAILABLE UPON REQUEST TO ANY MEMBER OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART III, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS NINE OF THE TWELVE BOARD OF TRUSTEES ARE ELECTED BY THE OVER 250 ACTIVE MEMBERS OF THE THEATRE OF WESTERN SPRINGS. CANDIDATES ARE ACTIVE MEMBERS OF THE THEATRE, RESIDENTS AND BUSINESS MEMBERS OF THE COMMUNITY OF WESTERN SPRINGS. THREE OF THE TWELVE BOARD OF TRUSTEES ARE ELECTED TO THE THEATRE OF WESTERN SPRINGS BOARD OF GOVERNORS BY THE OVER 250 ACTIVE MEMBERS OF THE THEATRE AND AUTOMATICALLY HOLD DUAL POSITIONS ON THE BOARD OF GOVERNORS AND THE BOARD OF TRUSTEES. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS OF INTEREST POLICY ALL MEMBERS OF THE BOARD OF TRUSTEES AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL WRITTEN CONFLICT OF INTEREST DISCLOSURE. THREE OF THE TRUSTEES ARE ALSO MEMBERS OF THE THEATRE OF WESTERN SPRINGS BOARD OF GOVERNERS. THE THREE MEMBERS OF THE BOARD OF GOVERNORS ARE NOT PERMITTED TO VOTE ON ANY MATTER DEALING WITH GRANTS TO THE THEATRE. ALL MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM ANY DISCUSSION DEALING WITH CONFLICTED SUBJECTS WHEN AND IF THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01408025
IRS990/TotalAssetsEOYAmt01585198
IRS990/TotalAssetsGrp/BOYAmt01408025
IRS990/TotalAssetsGrp/EOYAmt01585198
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt024298
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03851
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015745
IRS990/TotalFunctionalExpensesGrp/TotalAmt028287
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0575
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0575
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01408025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01584623
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt015745

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.00$2.36$0.67$0.02$0.64
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.58$0.07$0.03$0.05
2024Summary only. Only limited summary data is available for this year.$1.59$0.00$1.58$0.07$0.03$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.07$0.01$0.06
2022Summary only. Only limited summary data is available for this year.$1.28$0.00$1.28$0.08$0.02$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.00$1.39$0.06$0.06$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.00$1.12$0.05$0.02$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.17$0.12$0.01$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.05$0.07$0.01$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.26$0.01$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.06$0.01$0.05
2015Summary only. Only limited summary data is available for this year.$0.69$0.00$0.68$0.03$0.02$0.01
2014Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$0.07$0.02$0.06
2013Summary only. Only limited summary data is available for this year.$0.57$0.00$0.57$0.22$0.02$0.20
2012Summary only. Only limited summary data is available for this year.$0.35$0.00$0.07$0.01$0.06
2011Summary only. Only limited summary data is available for this year.$0.30$0.00$0.04$0.01$0.03