Civic Intelligence

Nimbus Theatre

EIN 72-1600544 • 501(c)3 • Minneapolis, MN

Profile

Presenting experimental theater.

2303 Kennedy St NE 120Minneapolis, MN 55413

www.nimbustheatre.com

Siviq Scores

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

Liabilities / Assets

95th percentile

1.71x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

1.12x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

32nd percentile

-8.9%

Higher net margin than 32% of similar nonprofits.

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

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 2024

Asset Growth

34th percentile

-17%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$106,627

Down $21,883 (-17%) from 2023

Liabilities

Down

$182,396

Down $7,312 (-3.9%) from 2023

Net Assets

Down

-$75,769

Down $14,571 (-24%) from 2023

Operations
Liabilities / Revenue95th percentileNet Margin32nd percentile

Revenue

Up

$163,088

Up $36,461 (+29%) from 2023

Expenses

Up

$177,659

Up $9,437 (+5.6%) from 2023

Net Income

Up

-$14,571

Up $27,024 (+65%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$300K$200K$100K$0-$100KAssets 2011: $54,577Liabilities 2011: $02011Assets 2012: $54,355Liabilities 2012: $02012Assets 2013: $61,085Liabilities 2013: $02013Assets 2014: $78,286Liabilities 2014: $02014Assets 2015: $67,355Liabilities 2015: $02015Assets 2016: $22,809Liabilities 2016: $10,8852016Assets 2017: $63,277Liabilities 2017: $15,8802017Assets 2018: $101,727Liabilities 2018: $113,675Net Assets 2018: -$11,9482018Assets 2019: $269,178Liabilities 2019: $256,756Net Assets 2019: $12,4222019Assets 2020: $278,153Liabilities 2020: $245,824Net Assets 2020: $32,3292020Assets 2021: $214,176Liabilities 2021: $228,850Net Assets 2021: -$14,6742021Assets 2022: $176,300Liabilities 2022: $198,367Net Assets 2022: -$22,0672022Assets 2023: $128,510Liabilities 2023: $189,708Net Assets 2023: -$61,1982023Assets 2024: $106,627Liabilities 2024: $182,396Net Assets 2024: -$75,7692024

Highlighted filing

2024

Assets$106,627
Liabilities$182,396
Net Assets-$75,769
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

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

$200K$100K$0-$100KRevenue 2011: $92,424Expenses 2011: $39,206Net Income 2011: $53,2182011Revenue 2012: $54,714Expenses 2012: $54,935Net Income 2012: -$2212012Revenue 2013: $64,192Expenses 2013: $57,463Net Income 2013: $6,7292013Revenue 2014: $86,086Expenses 2014: $66,424Net Income 2014: $19,6622014Revenue 2015: $63,529Expenses 2015: $74,459Net Income 2015: -$10,9302015Revenue 2016: $48,232Expenses 2016: $103,661Net Income 2016: -$55,4292016Revenue 2017: $133,591Expenses 2017: $98,117Net Income 2017: $35,4742017Revenue 2018: $61,914Expenses 2018: $121,259Net Income 2018: -$59,3452018Revenue 2019: $167,336Expenses 2019: $142,966Net Income 2019: $24,3702019Revenue 2020: $156,759Expenses 2020: $138,077Net Income 2020: $18,6822020Revenue 2021: $72,414Expenses 2021: $119,417Net Income 2021: -$47,0032021Revenue 2022: $132,672Expenses 2022: $161,922Net Income 2022: -$29,2502022Revenue 2023: $126,627Expenses 2023: $168,222Net Income 2023: -$41,5952023Revenue 2024: $163,088Expenses 2024: $177,659Net Income 2024: -$14,5712024

Highlighted filing

2024

Revenue$163,088
Expenses$177,659
Net Income-$14,571
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$106,627
Liabilities
$182,396
Net assets
-$75,769
Revenue
$163,088
Expenses
$177,659
Net income
-$14,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.07$1.82$0.76$1.63$1.78$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.29$1.90$0.61$1.27$1.68$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.76$1.98$0.22$1.33$1.62$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.14$2.29$0.15$0.72$1.19$0.47
2020Detailed filing. Detailed filing data is available for this year.$2.78$2.46$0.32$1.57$1.38$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.69$2.57$0.12$1.67$1.43$0.24
2018Detailed filing. Detailed filing data is available for this year.$1.02$1.14$0.12$0.62$1.21$0.59
2017Summary only. Only limited summary data is available for this year.$0.63$0.16$1.34$0.98$0.35
2016Summary only. Only limited summary data is available for this year.$0.23$0.11$0.48$1.04$0.55
2015Summary only. Only limited summary data is available for this year.$0.67$0.00$0.64$0.74$0.11
2014Summary only. Only limited summary data is available for this year.$0.78$0.00$0.86$0.66$0.20
2013Summary only. Only limited summary data is available for this year.$0.61$0.00$0.64$0.57$0.07
2012Summary only. Only limited summary data is available for this year.$0.54$0.00$0.55$0.55$0.00
2011Summary only. Only limited summary data is available for this year.$0.55$0.00$0.92$0.39$0.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2025
Return Version
2023v6.0
Gross Receipts
$163,088
Mission and Program Overview

Mission

Presenting experimental theater.

Program Services

DescriptionGrantsExpenses
Nimbus theatre is a playwright-led devised theater group, based in Northeast Minneapolis. Founded in 2001, our work is created collaboratively using methods we have been developing since our inception.-$173,429
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Liz NeerlandDirector-$0--
Jill HoeftTreasurer-$0--
Josh CragunDirector-$0--
Filing and Contact Details

Filer

Filer Name
Nimbus Theatre
EIN
72-1600544
Phone
6126189855
Address
2303 Kennedy St NE 120, Minneapolis, MN 55413

Signing Officer

Name
Liz Neerland
Title
Managing Director
Signed
2025-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Jacobs Business Solutions
Address
12805 Highway 55 Ste 204, Minneapolis, MN 55441
Preparer
Deborah L Jacobs CPA
Phone
7635590940
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Misc revenue $7793”

Other Expenses.1001

“Advertising and Promotion $369”

Other Expenses.1009

“Depreciation $34219”

Other Expenses.1

“Production expenses $3814”

Other Expenses.2

“Supplies $1094”

Other Expenses.3

“Credit card fees $936”

Other Expenses.6

“Licenses and fees $437”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $112171 Accounts Payable and Accrued Expenses - Ending $112173”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $77537 Secured Mortgages and Notes Payable - Ending $70223”

Raw XML Appendix158 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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IRS990EZ/OtherExpensesTotalAmt040869
IRS990EZ/OtherRevenueTotalAmt07793
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IRS990EZ/PrintingPublicationsPostageAmt01394
IRS990EZ/ProgramServiceRevenueAmt051292
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0173429
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990EZ/WebsiteAddressTxt0www.nimbustheatre.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0102384
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $34219
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Production expenses $3814
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies $1094
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit card fees $936
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-05-09T11:27:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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