Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
First Floor Theater
990EZ • Fiscal year 2025 • EIN 46-0527756
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.73x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Balance Sheet
Assets
Down$21,157
Down $25,402 (-55%) from 2024
Net Assets
Down$5,726
Down $33,343 (-85%) from 2024
Liabilities
Up$15,431
Up $7,941 (+106%) from 2024
Revenue And Expenses
Revenue
Up$171,064
Up $31,228 (+22%) from 2024
Expenses
Up$204,407
Up $111,216 (+119%) from 2024
Net Income
Down-$33,343
Down $79,988 (-171%) from 2024
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Oct 20, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $171,064
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
| Description | Grants | Expenses |
|---|---|---|
| PRODUCING WORLD, NATIONAL AND LOCAL PREMIERE PLAYS, AMPLIFYING UNDERHEARD VOICES IN THE AMERICAN THEATER, AND CREATING OPPORTUNITIES FOR THE NEXT GENERATION OF THEATREMAKERS. | - | $194,702 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RIANE KERWIN | President | - | $0 | - | - |
| ANDRES FONSECA | Treasurer | - | $0 | - | - |
| LEE BARRINGTON STARK | Secretary | - | $0 | - | - |
| MARIA LAFTCHIYSKA SCHWARTZ | Director | - | $0 | - | - |
| IAN WILLIAMS | Director | - | $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
- 2025-10-20
- 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 5,751 office expenses 1,340 royalties 600 insurance 1,509 production expenses 18,092 all other 7,544 bank charges 2,513 total 37,349”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 7,490 15,431”
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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ANDREW CUTLER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3128576406 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1129 N MOZART ST 2 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60622 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 46559 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 21157 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 104379 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -33343 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 85066 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 46559 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 21157 |
| IRS990EZ/GrossReceiptsAmt | 0 | 171064 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 296 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 39069 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5726 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 39069 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5726 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 35616 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RIANE KERWIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANDRES FONSECA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LEE BARRINGTON STARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MARIA LAFTCHIYSKA SCHWARTZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | IAN WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37349 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 66389 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PRODUCING WORLD, NATIONAL AND LOCAL PREMIERE PLAYS, AMPLIFYING UNDERHEARD VOICES IN THE AMERICAN THEATER, AND CREATING OPPORTUNITIES FOR THE NEXT GENERATION OF THEATREMAKERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 194702 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 46376 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7490 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15431 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 204407 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 194702 |
| IRS990EZ/TotalRevenueAmt | 0 | 171064 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FIRSTFLOORTHEATER.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 104379 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 125173 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 72121 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58534 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19488 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 379695 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 127145 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.62040 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63550 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 235575 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 144120 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 104379 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 125173 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 72121 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 58534 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19488 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 379695 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 379695 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES MARKETING 5,751 OFFICE EXPENSES 1,340 ROYALTIES 600 INSURANCE 1,509 PRODUCTION EXPENSES 18,092 ALL OTHER 7,544 BANK CHARGES 2,513 TOTAL 37,349 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,490 15,431 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RIANE KERWIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3128576406 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FIRST FLOOR THEATER COMPANY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FIRS |
| ReturnHeader/Filer/EIN | 0 | 460527756 |
| ReturnHeader/Filer/PhoneNum | 0 | 3128576406 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1129 N MOZART STREET 2 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60622 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 842904218 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MERMEL-GOLDMAN CPAS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2835 N SHEFFIELD AVE STE 311 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 606575084 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7735251778 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | H GREGORY MERMEL CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-10-20T11:12:11-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $21,157
- Liabilities
- $15,431
- Net assets
- $5,726
- Revenue
- $171,064
- Expenses
- $204,407
- Net income
- -$33,343