Civic Intelligence

Near West Theatre Inc

EIN 34-1881815 • 501(c)3 • Cleveland, OH

Profile

Near west theatre builds loving relationships and engages diverse people in strengthening their sense of identity, passion, and purpose, individually and in community, through transformational theatre arts experiences.

6702 Detroit AvenueCleveland, OH 44102

nearwesttheatre.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.17x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

16th percentile

-14%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

34th percentile

$89,428

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

37th percentile

0.3%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$7,074,516

Down $60,279 (-0.8%) from 2022

Liabilities

Up

$209,723

Up $36,836 (+21%) from 2022

Net Assets

Down

$6,864,793

Down $97,115 (-1.4%) from 2022

Revenue

Up

$1,264,243

Up $555,807 (+78%) from 2022

Expenses

Up

$1,446,375

Up $365,331 (+34%) from 2022

Net Income

Up

-$182,132

Up $190,476 (+51%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $6,970,487Liabilities 2015: $107,253Net Assets 2015: $6,863,2342015Assets 2016: $6,663,232Liabilities 2016: $115,638Net Assets 2016: $6,547,5942016Assets 2017: $6,471,491Liabilities 2017: $221,102Net Assets 2017: $6,250,3892017Assets 2018: $6,074,142Liabilities 2018: $171,765Net Assets 2018: $5,902,3772018Assets 2019: $7,083,537Liabilities 2019: $233,355Net Assets 2019: $6,850,1822019Assets 2020: $7,377,782Liabilities 2020: $487,282Net Assets 2020: $6,890,5002020Assets 2021: $7,808,090Liabilities 2021: $267,113Net Assets 2021: $7,540,9772021Assets 2022: $7,134,795Liabilities 2022: $172,887Net Assets 2022: $6,961,9082022Assets 2025: $7,074,516Liabilities 2025: $209,723Net Assets 2025: $6,864,7932025

Highlighted filing

2025

Assets$7,074,516
Liabilities$209,723
Net Assets$6,864,793

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,373,765Expenses 2015: $1,018,102Net Income 2015: $355,6632015Revenue 2016: $790,632Expenses 2016: $1,106,247Net Income 2016: -$315,6152016Revenue 2017: $900,296Expenses 2017: $1,201,075Net Income 2017: -$300,7792017Revenue 2018: $966,436Expenses 2018: $1,316,772Net Income 2018: -$350,3362018Revenue 2019: $2,268,902Expenses 2019: $1,310,064Net Income 2019: $958,8382019Revenue 2020: $1,139,442Expenses 2020: $1,081,583Net Income 2020: $57,8592020Revenue 2021: $1,034,612Expenses 2021: $730,582Net Income 2021: $304,0302021Revenue 2022: $708,436Expenses 2022: $1,081,044Net Income 2022: -$372,6082022Revenue 2025: $1,264,243Expenses 2025: $1,446,375Net Income 2025: -$182,1322025

Highlighted filing

2025

Revenue$1,264,243
Expenses$1,446,375
Net Income-$182,132

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 11, 2026
Return Version
2024v5.0
Gross Receipts
$1,306,225
Mission and Program Overview

Mission

Near west theatre creates life-changing theatre arts experiences that empower our community.

Near west theatre creates live-changing theatre arts experiences that empower our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,209,300$5,019,281▼ $190,019
Investments Other Securities$1,716,512$1,748,241▲ $31,729
Pledges and Grants Receivable$24,844$198,875▲ $174,031
Savings and Temporary Cash Investments$46,726$66,693▲ $19,967
Prepaid Expenses and Deferred Charges$24,801$24,539▼ $262
Cash and Non-Interest-Bearing Accounts$34,316$16,887▼ $17,429
Total Assets$7,056,499$7,074,516▲ $18,017
Liabilities
Accounts Payable and Accrued Expenses$73,524$94,514▲ $20,990
Unsecured Notes Loans Payable$80,015$63,958▼ $16,057
Deferred Revenue$37,446$51,251▲ $13,805
Total Liabilities$190,985$209,723▲ $18,738
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,719,148$6,625,942▼ $93,206
Net Assets With Donor Restrictions$146,366$238,851▲ $92,485
Total Net Assets Fund Balance$6,865,514$6,864,793▼ $721
Total Liabilities and Net Assets / Fund Balance$7,056,499$7,074,516▲ $18,017

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,752,687$1,630,013$6,382,700
Equipment$154,629$589,980$744,609
Land$111,965-$111,965
Other Securities$1,748,241--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,716,512-▲ $181,411-$1,897,923
2023$1,377,480$109,526▲ $229,506-$1,716,512
2022$1,303,112-▲ $147,706$73,840$1,377,480
2021$1,446,301$200,000▼ $216,202$126,987$1,303,112
2020$931,754$212,064▲ $342,483$40,000$1,446,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael ObertaczExecutive DiFT$89,428$89,428
Trinidad SniderArtistic DirectorFT$82,592$82,592

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$778,250
Program Service Revenue
$348,472
Investment Income
$1,968
Other Revenue
$135,553
All Other Contributions
$743,250
Change in Net Assets
$-182,132

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,264,243
Revenue Not Reported on Form 990
$181,411
Total Revenue per Audited Statements
$1,445,654
Total Revenue per Form 990
$1,264,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$728,604
Salaries, Compensation, and Employee Benefits$717,771
Total Fundraising Expense$203,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$286,389$23,866$87,508$397,763
Depreciation Depletion$190,019--$190,019
Current Officers, Directors, Trustees, and Key Employees$123,855$10,321$37,844$172,020
Other Employee Benefits$56,284$4,691$17,198$78,173
Payroll Taxes$35,265$2,939$10,775$48,979
Fees for Services Other$876$15,000$30,133$46,009
Occupancy$25,468$2,122$7,783$35,373
Insurance$27,501$3,552-$31,053
Fees for Services Accounting$18,665$1,556$5,703$25,924
Royalties$24,925--$24,925
Pension Plan Contributions$15,002$1,250$4,584$20,836
Other Expenses$14,772$1,231$4,514$20,517
Advertising$17,688--$17,688
Office Expenses$12,498$1,044$3,818$17,360
Interest-$7,346-$7,346
All Other Expenses$19,188$4,819$-27,632$-3,625
Total Functional Expenses$1,162,811$79,737$203,827$1,446,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,446,375
Total Expenses per Audited Statements$1,446,375
Total Expenses per Form 990$1,446,375
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$175,130
Fundraising Direct Expenses$41,982
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$175,130$175,130$41,982$133,148
Total Events$175,130$175,130$41,982$133,148
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
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The form 990 is prepared by the staff and the organization's professional advisors. After preparation, the form 990 is reviewed in detail by the staff, the advisors and the finance committee of the board of trustees. After completion of these reviews, the form 990 is filed.

Form 990, Page 6, Part VI, Line 12C

Monitoring and enforcement on conflict policy - at least annually, officers, trustees and key employees are required to complete a questionnair regarding conflicts of interest. When a conflict arises, the individual with the conflict is not permitted to take part in the discussion or to vote on the matter. Individuals who are not related to the individual with the conflict make the decision about the transactions that is the best interest of the organziation.

Form 990, Page 6, Part VI, Line 15A

Compensation review and approval - compesation of the executive director and the artistic director is approved by the board of trustees after consideration of the recommendation of the executive committee. The executive committee considers the compensation paid by similar organizations, prior compensation, and information obtained from its advisors. All decisions are made by trustees that are independent of the employees, and the decisions are documented in the minutes of the meetings. The compensation of other officers is approved by the board of trustees after consideration of the recommendation of the executive director. The executive director considers the compensation paid by similar organizations, prior compensation and information obtained from its advisors. The executive director and trustees are independent of the people for whom compensation decisions are being made, and all decisions are documented in the minutes of the meetings.

Form 990, Page 6, Part VI, Line 15B

Compensation review and approval - compesation of the executive director and the artistic director is approved by the board of trustees after consideration of the recommendation of the executive committee. The executive committee considers the compensation paid by similar organizations, prior compensation, and information obtained from its advisors. All decisions are made by trustees that are independent of the employees, and the decisions are documented in the minutes of the meetings. The compensation of other officers is approved by the board of trustees after consideration of the recommendation of the executive director. The executive director considers the compensation paid by similar organizations, prior compensation and information obtained from its advisors. The executive director and trustees are independent of the people for whom compensation decisions are being made, and all decisions are documented in the minutes of the meetings.

Form 990, Page 6, Part VI, Line 19

Availability of documents - the organzation makes its governing documents, conflict of interest policy, and financial statements available upon request. Those documents are available for inspection at the organization's offices or, if requested, the organization will comply with all reasonable requests for copies of documents.

Filing and Contact Details

Filer

Filer Name
Near West Theatre Inc
EIN
34-1881815
Phone
2169619750
Address
6702 DETROIT AVENUE, CLEVELAND, OH 44102

Signing Officer

Name
Michael Obertacz
Title
Executive Director
Phone
2169619750
Signed
2026-02-11

Organization Details

Principal Officer
Michael Obertacz
Formed
1978
Legal Domicile
Oh
Voting Board Members
17
Independent Board Members
17
Employees
12
Volunteers
200

Preparer

Firm
Mcmanamon & Co LLC
Address
1651 CROSSINGS PKWY D, WESTLAKE, OH 44145-1959
Preparer
Jeffrey D Firestone CPA Cva
Phone
4408928900
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The count of volunteers includes numerous backstage and front of the house workers who support the theatrical productions of the organization.

Form 990, Page 2, Part III, Line 4A

Near west theatre (nwt) is an intergenerational community theatre and founding anchor institution of the gordon square arts district in the detroit shoreway neighborhood in cleveland. Nwt prioritizes accessibility and inclusion in serving marginalized and vulnerable populations. The nwt service model includes productions, programs and events. Theatre productions: each season includes five to six full-scale licensed musical productions in its 275-seat mainstage theater and 80-seat black box theater. Near west theatre differs from many other community theatres in that productions are designed and directed by professional theatre artists. The season's shows are also chosen not just for their audience appeal and quality but for the important themes and messages that are included. Nwt productions serve all ages with dedicated productions for specific age groups. Nwt offers a choose-what-you-pay ticketing model to ensure accessibility for low-income residents and families. Educational programming: nwt introduced rise, a free-to-participate after school arts enrichment program in 2017 for area youth ages 8-15. Sessions run in 12- week cycles during the fall and spring semesters with a final culminating production in the spring. Rise focuses on developing both theatre arts skills as well as social-emotional skills. Nwt provides youth with a safe environment to learn, while improving their ability to succeed in school and with peer relationships through self-management, accountability, and problem solving as a team. Nwt also offers a 4-week summer technical theatre workshop for area teenagers that introduce them to the basic skills required in theatrical production and other well-paying careers. These skills include carpentry, welding, video, special effects, scenic painting, and design. Nwt delivers workshops and long-term residencies externally in area schools and senior centers contracting with trained teaching artists. Community events: nwt launched the popular historic haunts in october 2021 in partnership with the west clinton block club and has become a signature event now in its third year in 2023. We offer drag queen story hour quarterly teaching acceptance and love while providing safe spaces for lgbtq+ youth and families. Nwt hosts queer prom in partnership with the lgbt center every june, participates in various community programs in partnership with gordon square arts district, and hosts various community groups in our facility throughout the year. In 2025, nwt launched a free outdoor plaza celebration concert series for pride, juneteenth and hispanic heritage month.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Intended use of the endowment funds - the board of trustrees has established the near west threatre endowment fund of the cleveland foundation, an unrelated section 501(c)(3) community foundation. The fund is designed to accept donations from individuals, foundations, and others tha are interested in supporting the programs of near west theatre. Disbursements from the fundd ar efor the support of the programs of near west theatre.

Schedule D, Page 3, Part X

Nwt complies with fasb asc 740 - accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. The management of nwt believes that there are no uncertain tax positions. Nwt's tax years that remain subject to examination by the internal revenue service are fiscal years ended june 30, 2022, and forward.

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IRS990/Desc0NEAR WEST THEATRE (NWT) IS AN INTERGENERATIONAL COMMUNITY THEATRE AND FOUNDING ANCHOR INSTITUTION OF THE GORDON SQUARE ARTS DISTRICT IN THE DETROIT SHOREWAY NEIGHBORHOOD IN CLEVELAND. NWT PRIORITIZES ACCESSIBILITY AND INCLUSION IN SERVING MARGINALIZED AND VULNERABLE POPULATIONS. THE NWT SERVICE MODEL INCLUDES PRODUCTIONS, PROGRAMS AND EVENTS. THEATRE PRODUCTIONS: EACH SEASON INCLUDES FIVE TO SIX FULL-SCALE LICENSED MUSICAL PRODUCTIONS IN ITS 275-SEAT MAINSTAGE THEATER AND 80-SEAT BLACK BOX THEATER. NEAR WEST THEATRE DIFFERS FROM MANY OTHER COMMUNITY THEATRES IN THAT PRODUCTIONS ARE DESIGNED AND DIRECTED BY PROFESSIONAL THEATRE ARTISTS. THE SEASON'S SHOWS ARE ALSO CHOSEN NOT JUST FOR THEIR AUDIENCE APPEAL AND QUALITY BUT FOR THE IMPORTANT THEMES AND MESSAGES THAT ARE INCLUDED. NWT PRODUCTIONS SERVE ALL AGES WITH DEDICATED PRODUCTIONS FOR SPECIFIC AGE GROUPS. NWT OFFERS A CHOOSE-WHAT-YOU-PAY TICKETING MODEL TO ENSURE ACCESSIBILITY FOR LOW-INCOME RESIDENTS AND FAMILIES. EDUCATIONAL PROGRAMMING: NWT INTRODUCED RISE, A FREE-TO-PARTICIPATE AFTER SCHOOL ARTS ENRICHMENT PROGRAM IN 2017 FOR AREA YOUTH AGES 8-15. SESSIONS RUN IN 12- WEEK CYCLES DURING THE FALL AND SPRING SEMESTERS WITH A FINAL CULMINATING PRODUCTION IN THE SPRING. RISE FOCUSES ON DEVELOPING BOTH THEATRE ARTS SKILLS AS WELL AS SOCIAL-EMOTIONAL SKILLS. NWT PROVIDES YOUTH WITH A SAFE ENVIRONMENT TO LEARN, WHILE IMPROVING THEIR ABILITY TO SUCCEED IN SCHOOL AND WITH PEER RELATIONSHIPS THROUGH SELF-MANAGEMENT, ACCOUNTABILITY, AND PROBLEM SOLVING AS A TEAM. NWT ALSO OFFERS A 4-WEEK SUMMER TECHNICAL THEATRE WORKSHOP FOR AREA TEENAGERS THAT INTRODUCE THEM TO THE BASIC SKILLS REQUIRED IN THEATRICAL PRODUCTION AND OTHER WELL-PAYING CAREERS. THESE SKILLS INCLUDE CARPENTRY, WELDING, VIDEO, SPECIAL EFFECTS, SCENIC PAINTING, AND DESIGN. NWT DELIVERS WORKSHOPS AND LONG-TERM RESIDENCIES EXTERNALLY IN AREA SCHOOLS AND SENIOR CENTERS CONTRACTING WITH TRAINED TEACHING ARTISTS. COMMUNITY EVENTS: NWT LAUNCHED THE POPULAR HISTORIC HAUNTS IN OCTOBER 2021 IN PARTNERSHIP WITH THE WEST CLINTON BLOCK CLUB AND HAS BECOME A SIGNATURE EVENT NOW IN ITS THIRD YEAR IN 2023. WE OFFER DRAG QUEEN STORY HOUR QUARTERLY TEACHING ACCEPTANCE AND LOVE WHILE PROVIDING SAFE SPACES FOR LGBTQ+ YOUTH AND FAMILIES. NWT HOSTS QUEER PROM IN PARTNERSHIP WITH THE LGBT CENTER EVERY JUNE, PARTICIPATES IN VARIOUS COMMUNITY PROGRAMS IN PARTNERSHIP WITH GORDON SQUARE ARTS DISTRICT, AND HOSTS VARIOUS COMMUNITY GROUPS IN OUR FACILITY THROUGHOUT THE YEAR. IN 2025, NWT LAUNCHED A FREE OUTDOOR PLAZA CELEBRATION CONCERT SERIES FOR PRIDE, JUNETEENTH AND HISPANIC HERITAGE MONTH.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1ARTISTIC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
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