NORTHLIGHT THEATRE INC (EIN 237390464) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

TIMOTHY EVANS

Phone

8476736300

Tax Period

2024-09-01 to 2025-08-31

NORTHLIGHT THEATRE INC, founded in 1974, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $12.0M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.6M, a strong 63% operating margin.

Mission

NORTHLIGHT THEATRE ASPIRES TO PROMOTE CHANGE OF PERSPECTIVE AND ENCOURAGE COMPASSION BY EXPLORING THE DEPTH OF OUR HUMANITY ACROSS A BOLD SPECTRUM OF THEATRICAL EXPERIENCES. WE SEEK TO ENTERTAIN, ENLIGHTEN, AND ELECTRIFY OUR AUDIENCES THROUGH CONTEMPORARY DRAMAS, INTIMATE MUSICALS AND REFRESHED CLASSICS. WE ARE FEARLESS IN OUR COMMITMENT TO CHAMPION NEW WORK, AND TO PROVIDE A NURTURING AND CREATIVE HOME FOR OUR ARTISTS. WE ARE RELENTLESS IN OUR PURSUIT OF EXCELLENCE THROUGH OUR PRODUCTIONS, OUR BUSINESS PRACTICES, OUR OUTREACH, AND OUR EDUCATION. NORTHLIGHT THEATRE REFLECTS OUR COMMUNITY TO THE WORLD AND THE WORLD TO OUR COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,623,854

Program Service Revenue $1,893,184

Investment Income $503,820

Other Revenue $-14,369

TOTAL REVENUE $12,006,489

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,629,142

Fundraising Expenses $433,938

Program Expenses $2,884,887

Other Expenses $1,773,702

TOTAL EXPENSES $4,402,844

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,006,489	$9,794,572	+0.2%
Expenses	$4,402,844	$3,949,025	+0.1%
Net Income	$7,603,645	$5,845,547	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

176

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$326,512

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT REGAN	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
JULIE CHERNOFF	BOARD VICE CHAIR	0.50	Officer Director	$0	$0	$0
JENNIFER CHRISTENSEN	BOARD VICE CHAIR	0.50	Officer Director	$0	$0	$0
DONNA FRETT	BOARD VICE CHAIR	0.50	Officer Director	$0	$0	$0
PAUL LEHNER	SECRETARY	0.50	Officer Director	$0	$0	$0
PAUL EPNER	TREASURER	0.50	Officer Director	$0	$0	$0
JIM ALLEN	TRUSTEE	0.50	Director	$0	$0	$0
PERCY BERGER	TRUSTEE	0.50	Director	$0	$0	$0
E FAYE BUTLER	TRUSTEE	0.50	Director	$0	$0	$0
CAROLE CAHILL	TRUSTEE	0.50	Director	$0	$0	$0
DIANA COHEN	TRUSTEE	0.50	Director	$0	$0	$0
SANDRA FARROW	TRUSTEE	0.50	Director	$0	$0	$0
J DOUGLAS GRAY	TRUSTEE	0.50	Director	$0	$0	$0
FREDDI GREENBERG	TRUSTEE	0.50	Director	$0	$0	$0
MEGHAN OTIS	TRUSTEE	0.50	Director	$0	$0	$0
TOBI LACZKOWSKI	TRUSTEE	0.50	Director	$0	$0	$0
DENNIS MARINO	TRUSTEE	0.50	Director	$0	$0	$0
MARK MCCARVILLE	TRUSTEE	0.50	Director	$0	$0	$0
MICHELE ROGERS	TRUSTEE	0.50	Director	$0	$0	$0
BRENTON ROGERS	TRUSTEE	0.50	Director	$0	$0	$0
REETU GOWDAR SANDERS	TRUSTEE	0.50	Director	$0	$0	$0
ROBERT SILVERMAN	TRUSTEE	0.50	Director	$0	$0	$0
STACY HETHERINGTON SIMPSON	TRUSTEE	0.50	Director	$0	$0	$0
CRAIG SMITH	TRUSTEE	0.50	Director	$0	$0	$0
TOM STRINGER	TRUSTEE	0.50	Director	$0	$0	$0
KENT SWANSON	TRUSTEE	0.50	Director	$0	$0	$0
ERIC WITHERSPOON	TRUSTEE	0.50	Director	$0	$0	$0
GIFFORD ZIMMERMAN	TRUSTEE	0.50	Director	$0	$0	$0
BARBARA LISS	TRUSTEE	0.50	Director	$0	$0	$0
TIMOTHY EVANS	EXECUTIVE DIRECTOR	40.00	Officer	$157,754	$7,958	$165,712
WILLIAM JONES	ARTISTIC DIRECTOR	40.00	Officer	$160,800	$0	$160,800
JANET MULLET	MANAGING DIRECTOR	40.00	Highest	$112,749	$7,979	$120,728

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$12,006,489	$4,402,844	$31,046,670	$7,603,645
2024	$9,794,572	$3,949,025	$21,510,850	$5,845,547
2023	$9,718,846	$4,721,129	$15,468,216	$4,997,717
2022	$4,934,981	$3,719,250	$9,462,460	$1,215,731
2021	$2,620,962	$1,714,827	$8,601,935	$906,135
2020	$5,261,780	$3,143,515	$4,541,751	$2,118,265
2019	$4,616,407	$3,568,544	$2,121,323	$1,047,863
2018	$3,444,769	$3,092,535	$1,077,494	$352,234

NORTHLIGHT THEATRE INC