Civic Intelligence

First Floor Theater

990EZ • Fiscal year 2024 • EIN 46-0527756

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 19, 2024

Refreshing map…

1129 N Mozart Street 2Chicago, IL 60622

(312) 857-6406

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.16x

Higher debt load relative to assets than 82% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.05x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

84th percentile

33%

Higher net margin than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

664%

Faster asset growth than 98% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

61%

Faster revenue growth than 86% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$46,559

Up $40,468 (+664%) from 2023

Net Assets

Up

$39,069

Up $46,645 (+616%) from 2023

Liabilities

Down

$7,490

Down $6,177 (-45%) from 2023

Revenue

Up

$139,836

Up $52,719 (+61%) from 2023

Expenses

Down

$93,191

Down $31,470 (-25%) from 2023

Net Income

Up

$46,645

Up $84,189 (+224%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2013: $2,555Liabilities 2013: $681Net Assets 2013: $1,8742013Assets 2017: $9,755Liabilities 2017: $5,7572017Assets 2018: $1,473Liabilities 2018: $8,7222018Assets 2019: $12,000Liabilities 2019: $14,902Net Assets 2019: -$2,9022019Assets 2020: $47,330Liabilities 2020: $10,205Net Assets 2020: $37,1252020Assets 2021: $36,000Liabilities 2021: $31Net Assets 2021: $35,9692021Assets 2022: $30,224Liabilities 2022: $256Net Assets 2022: $29,9682022Assets 2023: $6,091Liabilities 2023: $13,667Net Assets 2023: -$7,5762023Assets 2024: $46,559Liabilities 2024: $7,490Net Assets 2024: $39,0692024Assets 2025: $21,157Liabilities 2025: $15,431Net Assets 2025: $5,7262025

Highlighted filing

2024

Assets$46,559
Liabilities$7,490
Net Assets$39,069

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $24,511Expenses 2013: $24,676Net Income 2013: -$1652013Revenue 2017: $37,309Expenses 2017: $38,205Net Income 2017: -$8962017Revenue 2018: $63,083Expenses 2018: $74,330Net Income 2018: -$11,2472018Revenue 2019: $73,855Expenses 2019: $69,508Net Income 2019: $4,3472019Revenue 2020: $107,114Expenses 2020: $67,087Net Income 2020: $40,0272020Revenue 2021: $21,901Expenses 2021: $23,057Net Income 2021: -$1,1562021Revenue 2022: $79,732Expenses 2022: $85,733Net Income 2022: -$6,0012022Revenue 2023: $87,117Expenses 2023: $124,661Net Income 2023: -$37,5442023Revenue 2024: $139,836Expenses 2024: $93,191Net Income 2024: $46,6452024Revenue 2025: $171,064Expenses 2025: $204,407Net Income 2025: -$33,3432025

Highlighted filing

2024

Revenue$139,836
Expenses$93,191
Net Income$46,645
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 19, 2024
Return Version
2023v5.0
Gross Receipts
$139,836
Mission and Program Overview

Mission

First Floor Theater is organized exclusively for charitable, educational, and literary purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.First Floor Theater aims to create theater that is born from the intersection of theory and practice. We strive to place new convictions in conversation with old discourse. Through our work fledgling ideas are given a leg up to stand on the shoulders of our past.Upon the dissolution of First Floor Theater, assets shall be distributed for one or more exempt purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or corresponding future federal tax code, or shall be distributed to the federal governmental, or to a state or local government, for a public purpose.

First floor theater stages stories of individuals facing moments of radical change. By combining visceral acting, immersive design, and collaborative dramaturgy, fft expands these stories to ask urgent social questions.

Program Services

DescriptionGrantsExpenses
PRODUCING WORLD, NATIONAL AND LOCAL PREMIERE PLAYS, AMPLIFYING UNDERHEARD VOICES IN THE AMERICAN THEATER, AND CREATING OPPORTUNITIES FOR THE NEXT GENERATION OF THEATREMAKERS.-$85,907
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RIANE KERWINPresident-$0--
ANDRES FONSECATreasurer-$0--
LEE BARRINGTON STARKSecretary-$0--
MARIA LAFTCHIYSKA SCHWARTZDirector-$0--
IAN WILLIAMSDirector-$0--
Filing and Contact Details

Filer

Filer Name
First Floor Theater Company
EIN
46-0527756
Phone
3128576406
Address
1129 N MOZART STREET 2, CHICAGO, IL 60622

Signing Officer

Name
Riane Kerwin
Title
President
Phone
3128576406
Signed
2024-12-19
Discuss with paid preparer
Yes

Preparer

Firm
Mermel-goldman Cpas LLC
Address
2835 N SHEFFIELD AVE STE 311, CHICAGO, IL 60657-5084
Preparer
H Gregory Mermel CPA
Phone
7735251778
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 3,032 office expenses 658 royalties 3,584 insurance 1,705 production expenses 5,151 all other 2,017 bank charges 2,730 total 18,877

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 13,667 7,490

Form 990-ez, Part III

First floor theater stages stories of individuals facing moments of radical change. By combining visceral acting, immersive design, and collaborative dramaturgy, fft expands these stories to ask urgent social questions.

Raw XML Appendix146 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.

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Filings