Civic Intelligence

The Passage Theatre Company

EIN 82-4067405 • 501(c)3 • Chicago, IL

Profile

It is the passage theatre's mission to tell great stories with truth and simplicity. We hope to create community and to inspire our audiences to move through life deliberately.

5521 N Sawyer Ave 2Chicago, IL 60625

www.thepassagetheatre.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

57th percentile

5.7%

Higher net margin than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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 2022

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-24%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,805

Up $452 (+19%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Up

$2,805

Up $452 (+19%) from 2021

Revenue

Down

$7,977

Down $2,460 (-24%) from 2021

Expenses

Down

$7,525

Down $3,035 (-29%) from 2021

Net Income

Up

$452

Up $575 (+467%) from 2021

Trend Graphs

Balance Sheet Trend

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

$3.0K$2.0K$1.0K$0Assets 2020: $2,476Liabilities 2020: $0Net Assets 2020: $2,4762020Assets 2021: $2,353Liabilities 2021: $0Net Assets 2021: $2,3532021Assets 2022: $2,805Liabilities 2022: $0Net Assets 2022: $2,8052022

Highlighted filing

2022

Assets$2,805
Liabilities$0
Net Assets$2,805

Operations Trend

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2020: $16,406Expenses 2020: $15,510Net Income 2020: $8962020Revenue 2021: $10,437Expenses 2021: $10,560Net Income 2021: -$1232021Revenue 2022: $7,977Expenses 2022: $7,525Net Income 2022: $4522022

Highlighted filing

2022

Revenue$7,977
Expenses$7,525
Net Income$452

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 1, 2021 to Jan 31, 2022
Signed
Jun 1, 2022
Return Version
2021v4.2
Gross Receipts
$7,977
Mission and Program Overview

Mission

With our artists, our audiences, and the stories we tell, the passage theatre seeks to create art that looks into the void with hope instead of dread. We tell stories with truth and simplicity. We create thought-provoking, minimalistic, ensemble-based theatre that is specific to its medium. Our work is driven by curiosity and the conviction that whimsy and humor are powerful ways to explore the universe. We focus on humanity. We are a community-oriented company with faith in collaboration and transparency. We prioritize paying artists over buying things and believe human ingenuity is more essential than production budget in creating the spectacular. We believe in hope and innovation. We value creativity over tradition, both artistically and institutionally. We continuously endeavor to establish and invent more equitable practices at all levels of our organization. Through these practices, we hope to advance our industry's greater movement toward a more accessible theatre.

Program Services

DescriptionGrantsExpenses
THE PASSAGE THEATRE PRODUCES PERFORMANCES THAT ARE THEATRICAL, THOUGHT-PROVOKING, AND ENSEMBLE-BASED.$0$4,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENT ERVIN-EICKHOFFPresident-$0--
CHRISTINA LEPRITreasurer-$0--
JENNIFER KIEHLSecretary-$0--
DEMONE SERAPHINDirector-$0--
WILLIAM QUAMDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Passage Theatre Company
EIN
82-4067405
Phone
7732349296
Address
5521 N SAWYER AVE 2, CHICAGO, IL 60625

Signing Officer

Name
Daniel Washelesky
Title
Executive Director
Phone
3126707444
Signed
2022-06-01
Discuss with paid preparer
Yes

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1500, CHICAGO, IL 60611
Preparer
Frank L Washelesky
Phone
3126707444
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: artist stipends. Amount: 4,000. Description: staff stipends. Amount: 2,562. Description: advertising and marketing. Amount: 298. Description: office supplies. Amount: 556. Description: design expenses. Amount: 109. Total to form 990-ez, line 16: 7,525.

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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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