Civic Intelligence

Fremont Street Theater Company Inc

EIN 45-4351067 • 501(c)3 • Palatine, IL

Revoked990-N Coverage

Profile

Bring theater to the public

Revocation date: May 15, 2019

1554 N St Marks PlacePalatine, IL 60067

fremontstreettheatre.com

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

65th percentile

12%

Higher net margin than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

91st percentile

86%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

5.1%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$12,737

Up $5,890 (+86%) from 2017

Liabilities

Down

$2,500

Down $2,000 (-44%) from 2017

Net Assets

Up

$10,237

Up $7,890 (+336%) from 2017

Operations
Liabilities / Revenue78th percentileNet Margin65th percentile

Revenue

Up

$51,078

Up $2,460 (+5.1%) from 2017

Expenses

Down

$45,187

Down $7,277 (-14%) from 2017

Net Income

Up

$5,891

Up $9,737 (+253%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$15K$10K$5.0K$0Assets 2012: $262Liabilities 2012: $2,3032012Assets 2013: $12,672Liabilities 2013: $7,601Net Assets 2013: $5,0712013Assets 2016: $9,693Liabilities 2016: $3,500Net Assets 2016: $6,1932016Assets 2017: $6,847Liabilities 2017: $4,500Net Assets 2017: $2,3472017Assets 2018: $12,737Liabilities 2018: $2,500Net Assets 2018: $10,2372018

Highlighted filing

2018

Assets$12,737
Liabilities$2,500
Net Assets$10,237
Open 2018 Filing

Operations Trend

Revenue Growth59th percentile

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

$60K$40K$20K$0-$20KRevenue 2012: $17,511Expenses 2012: $19,552Net Income 2012: -$2,0412012Revenue 2013: $33,364Expenses 2013: $26,252Net Income 2013: $7,1122013Revenue 2016: $33,290Expenses 2016: $24,371Net Income 2016: $8,9192016Revenue 2017: $48,618Expenses 2017: $52,464Net Income 2017: -$3,8462017Revenue 2018: $51,078Expenses 2018: $45,187Net Income 2018: $5,8912018

Highlighted filing

2018

Revenue$51,078
Expenses$45,187
Net Income$5,891
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,737
Liabilities
$2,500
Net assets
$10,237
Revenue
$51,078
Expenses
$45,187
Net income
$5,891
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$12.7$2.50$10.2$51.1$45.2$5.89
2017Detailed filing. Detailed filing data is available for this year.$6.85$4.50$2.35$48.6$52.5$3.85
2016Detailed filing. Detailed filing data is available for this year.$9.69$3.50$6.19$33.3$24.4$8.92
2013Detailed filing. Detailed filing data is available for this year.$12.7$7.60$5.07$33.4$26.3$7.11
2012Summary only. Only limited summary data is available for this year.$0.26$2.30$17.5$19.6$2.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 12, 2019
Return Version
2018v3.1
Gross Receipts
$51,078
Mission and Program Overview

Mission

Bring theater to the public

Program Services

DescriptionGrantsExpenses
To enrich educate and entertain our communuty with the experience of live theater--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James R FranklinTreasurer-$0--
Madeline V FranklinPresident-$0--
Filing and Contact Details

Filer

Filer Name
Fremont Street Theater Company Inc
EIN
45-4351067
Address
1554 N St Marks Place, Palatine, IL 60067

Signing Officer

Name
James R Franklin
Title
Treasurer
Phone
8474778102
Signed
2019-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Dix & Associates CPAs
Address
800 E Northwest Hwy Suite 1050, Palatine, IL 60074
Preparer
Robert Dix CPA
Phone
8479918888
Supplemental Narrative

Additional Explanations

Amended return information

“We Amended this tax return by reduced Line 1 (Contributions)by exactily the same amount as we reduced line 16 (Other Expenses). So line 18 (Excess) did not change. We reduced the above numbers by $9,000 even because we accidently entered the wrong number on the original return.”

Description of other expenses Part I line 16

“Description AmountAdvertising 3,546Production 1,763Production Staff 13,723Miscellaneous 812Supplies 13,089”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLoans 2,501 2,500”

Raw XML Appendix133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0James R Franklin Treasurer
IRS990EZ/BooksInCareOfDetail/PhoneNum08474778102
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01554 N St Marks Pl
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Palatine
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060067
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06847
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012737
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09219
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05891
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06847
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012737
IRS990EZ/GrossReceiptsAmt051078
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04346
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010237
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04346
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010237
IRS990EZ/OccupancyRentUtltsAndMaintAmt012254
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0James R Franklin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Madeline V Franklin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt032933
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Bring theater to the public
IRS990EZ/ProgramServiceRevenueAmt041859
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To enrich educate and entertain our communuty with the experience of live theater
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02501
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt045187
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt051078
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FremontStreetTheatre.com
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt069614
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0524
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0524
IRS990ScheduleA/PublicSupportCY170Pct00.99250
IRS990ScheduleA/PublicSupportPY170Pct00.99260
IRS990ScheduleA/PublicSupportTotal170Amt069614
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04194
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07508
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt075
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt069614
IRS990ScheduleA/TotalSupportAmt070138
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We Amended this tax return by reduced Line 1 (Contributions)by exactily the same amount as we reduced line 16 (Other Expenses). So line 18 (Excess) did not change. We reduced the above numbers by $9,000 even because we accidently entered the wrong number on the original return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountAdvertising 3,546Production 1,763Production Staff 13,723Miscellaneous 812Supplies 13,089
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearLoans 2,501 2,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James R Franklin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08474778102
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fremont Street Theater Company Inc
ReturnHeader/Filer/BusinessNameControlTxt0FREM
ReturnHeader/Filer/EIN0454351067
ReturnHeader/Filer/USAddress/AddressLine1Txt01554 N St Marks Place
ReturnHeader/Filer/USAddress/CityNm0Palatine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060067
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D831C8C51BCB3D16E641A197EC8AD08D1A1AE565
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D831C8C51BCB3D16E641A197EC8AD08D1A1AE565
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId03689802019226fgmh1cq
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-08-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.44.81.201
ReturnHeader/FilingSecurityInformation/IPDt02019-11-06
ReturnHeader/FilingSecurityInformation/IPTm014:18:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363595034
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dix & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 E Northwest Hwy Suite 1050
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palatine
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060074
ReturnHeader/PreparerPersonGrp/PhoneNum08479918888
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Dix CPA
ReturnHeader/ReturnTs02019-11-06T14:15:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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