City Lit Theatre Company in Chicago, Illinois (IL)
Table of contents:
City Lit Theatre Company | |
Employer Identification Number (EIN) | 363090744 |
Name of Organization | City Lit Theatre Company |
Address | 1020 W Bryn Mawr Ave, Chicago, IL 60660-4627 |
Activities | Community theatrical group, Literary activities |
Subsection | Charitable Organization, Literary Organization |
Ruling Date | 10/1980 |
Deductibility | Contributions are deductible |
Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 06/2014 |
Assets | $25,000 to $99,999 |
Income | $100,000 to $499,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $37,142 |
Amount of Income | $166,167 |
Form 990 Revenue Amount | $160,631 |
National Taxonomy of Exempt Entities (NTEE) | Arts, Culture and Humanities: Theater |
Non-representatives - add comments:
Amount of income in 2014: $166,167 (it was $144,642 in 2013)
City Lit Theatre Company: | $166,167 |
Other organizations performing similar types of work: | $152,552 |
Assets in 2014: $37,142 (it was $26,451 in 2013)
This organization: | $37,142 |
Other organizations performing similar types of work: | $147,528 |
Expenses in 2013: $141,131
This organization: | $141,131 |
Other organizations performing similar types of work: | $149,497 |
Income to expenses ratio in 2013: 1.2
City Lit Theatre Company: | 1.2 |
Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 40.2%
City Lit Theatre Company: | 40.2% |
Other organizations performing similar types of work: | 39.0% |
Revenue for 2013
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|
Total revenue | $157,288 | $163,825 | $148,727 | $144,642 |
Contributions, gifts, grants, and similar amounts received | $44,320 | $68,739 | $70,138 | $58,123 |
Program service revenue including government fees and contracts | $85,630 | $89,141 | $68,988 | $75,403 |
Membership dues and assessments | $0 | $0 | $0 | $0 |
Investment income | $18,576 | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $8,762 | $5,945 | $9,601 | $11,116 |
Gross income from gaming | $0 | $0 | $0 | $54,192 |
Gross income from fundraising events | $26,956 | $7,973 | $22,890 | $7,170 |
Less: direct expenses from gaming and fundraising events | $18,194 | $2,028 | $13,289 | $50,246 |
Gross profit/loss from sales of inventory | $0 | $0 | $0 | $0 |
Other revenue | $0 | $0 | $0 | $0 |
Total expenses | $164,122 | $170,487 | $154,520 | $141,131 |
Total net assets | $-22,740 | $-29,402 | $-35,195 | $-31,684 |
Excess/Deficit for the year | $-6,834 | $-6,662 | $-5,793 | $3,511 |
Net assets or fund balances at beginning of year | $-15,906 | $-22,740 | $-29,402 | $-35,195 |
Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
Net assets or fund balances at end of year | $-22,740 | $-35,195 | $-31,684 |
Balance Sheets | ||||
2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|
Total assets | $9,510 | $13,586 | $6,816 | $26,451 |
Total liabilities | $32,250 | $42,988 | $42,011 | $58,135 |
Net assets or fund balances | $-22,740 | $-29,402 | $-35,195 | $-31,684 |
Other Information | ||||
2010 | 2011 | 2012 | 2013 | |
---|---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | No | |
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | |
Total amount involved | $0 | $0 | $0 | |
Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
Reason for Public Charity Status (for 2013) | |
The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
Number of organizations supported | 0 |
Sum of amounts of support | $0 |
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
2009 - 2013 Total | |
---|---|
Public Support | $324,042 |
Subtotal Support | $324,042 |
Gifts, grants, contributions, and membership fees received | $324,042 |
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
Total Support | $360,821 |
Public Support | $324,042 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $36,779 |
Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
Other income. Do not include gain or loss from the sale of capital assets | $0 |
Gross receipts from related activities, etc. | $136,765 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Timeline Theatre Company, Tiedemann Pat | 615 W Wellington Ave, Chicago, IL 60657-5305 | IL | 1998-04 | $1,726,890 |
2 | Storycatchers Theatre | 544 W Oak Streetsuite 1005, Chicago, IL 60610 | IL | 1984-06 | $590,740 |
3 | Springfield Municipal Opera Association | PO BOX 2255, Springfield, IL 62705-2255 | IL | 1952-08 | $473,413 |
4 | The Hypocrites | 4201 N Ravenswood Ave Ste 105, Chicago, IL 60613-1171 | IL | 1998-06 | $442,974 |
5 | Teatro Vista Theatre With A View Inc | 2936 N Southport Ave Suite 210, Chicago, IL 60657-4120 | IL | 1993-06 | $225,866 |
6 | Springfield Theatre Centre | 420 S 6th St, Springfield, IL 62701-1808 | IL | 1950-08 | $211,202 |
7 | Stage Coach Players | PO BOX 511, Dekalb, IL 60115-0511 | IL | 1993-04 | $171,039 |
8 | Stage 212 Incorporated | PO BOX 198, La Salle, IL 61301-0198 | IL | 1977-11 | $128,954 |
9 | Setting The Stage | 402 E Hawthorne St, Arlington Hts, IL 60004-5622 | IL | 1998-03 | $125,140 |
10 | The Prop Theater Group | 3502 N Elston Ave # 04, Chicago, IL 60618-5618 | IL | 1996-01 | $113,768 |
11 | Stage Left Theatre | 1541 W Belmont Ave, Chicago, IL 60657-3107 | IL | 1983-01 | $93,665 |
12 | Tellin Tales Theatre | Mary T Lomnicki 360 E Randolph, Chicago, IL 60601 | IL | 1997-04 | $87,879 |
13 | Theatre Bam | 1126 Harvard Ter, Evanston, IL 60202-3309 | IL | 1993-10 | $83,181 |
14 | Summer Place | PO BOX 2394, Naperville, IL 60567-2394 | IL | 1974-06 | $77,913 |
15 | Seanachai Theatre Company | 1530 S State St Apt 801, Chicago, IL 60605-2979 | IL | 1998-04 | $77,839 |
16 | Winnetka Theater Inc | 620 Lincoln Ave, Winnetka, IL 60093-2308 | IL | 1996-08 | $76,424 |
17 | Theatre 7 | Po Box 972, Decatur, IL 62525-0972 | IL | 1966-05 | $54,155 |
18 | The Jackson County Stage Company Inc | PO BOX 463, Carbondale, IL 62903-0463 | IL | 1983-11 | $53,648 |
19 | Shakespeare Marionette Company | 2228 Beechwood Ave, Wilmette, IL 60091-1508 | IL | 1998-08 | $43,000 |
20 | Scrap Mettle Soul Jean Carlson | 4750 N Sheridan Rd Ste 375, Chicago, IL 60640-7511 | IL | 1997-10 | $22,952 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,933 |
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