Illusion Theater and School Inc

EIN: 237392140 501(c)(3) Arts, Culture & Humanities

Minneapolis, MN

Total Revenue
$915,233
Total Expenses
$1,048,513
Total Assets
$400,494
Net Assets
$112,727
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MN
Principal Officer
Michael Robins
Phone
6123394944
Tax Period
2024-09-01 to 2025-08-31

Illusion Theater and School Inc, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $915K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 15% operating deficit.

Mission

Illusion Theater's mission is to create theater that illuminates the myths and realitites of our times and to catalyze personal and social change.

Program Service Accomplishments

Program 1
Expenses: $820,252 Revenue: $211,546

Illusion presents its mainstage season at its new home, The Center for Performing Arts in the Kingfield neighborhood of Minneapolis. We produce 4 new plays a year, the Miss Richfield 1981's annual...

Read more

Illusion presents its mainstage season at its new home, The Center for Performing Arts in the Kingfield neighborhood of Minneapolis. We produce 4 new plays a year, the Miss Richfield 1981's annual Holiday program in December, and the Fresh Ink Series in June. Illusion tours in the winter, performing for schools, universities, art series, corporations, faith organizations, and communities in its ongoing mission to develop new work that reflects and illuminates our times. Illusion has won numerous awards for creating specific work that addresses issues important to children and families. Illusion's education program is renowned throughout the state and country for its effective combination of theater and carefully crafted messaging on important issues.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $699,231
Program Service Revenue $204,056
Investment Income $4,456
Other Revenue $7,490
TOTAL REVENUE $915,233

Expense Breakdown

Grants Paid $0
Salaries & Benefits $479,721
Fundraising Expenses $71,133
Program Expenses $820,252
Other Expenses $532,661
TOTAL EXPENSES $1,048,513

Year-over-Year Comparison

2024 2023 Change
Revenue $915,233 $675,272 +0.4%
Expenses $1,048,513 $895,508 +0.2%
Net Income $-133,280 $-220,236 -0.4%
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

Sign In

Governance

Voting Members
28
Independent Members
26
Employees
30
Volunteers
50

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
4
$109,776
Total Directors
28
$109,776
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Robins Executive Producing Director 40.00
Officer Director
$50,290 $5,043 $55,333
Bonnie Morris Producing Director 40.00
Officer Director
$50,290 $4,153 $54,443
Stan Alleyne Director 1.00
Director
$0 $0 $0
John Beal Director 1.00
Director
$0 $0 $0
Anthony Bohaty Director 1.00
Director
$0 $0 $0
Willie Bridges Director 1.00
Director
$0 $0 $0
Barbara Brin Director 1.00
Director
$0 $0 $0
John Cushing Director 1.00
Director
$0 $0 $0
Dani P Deering Esq Director 1.00
Director
$0 $0 $0
Patrick Dunleavy Director 1.00
Director
$0 $0 $0
Todd Hennen Director 1.00
Director
$0 $0 $0
Tim Johnson Director 1.00
Director
$0 $0 $0
Srikanth Kaligotla Director 1.00
Director
$0 $0 $0
Maureen Long Director 1.00
Director
$0 $0 $0
Steven Montgomery Director 1.00
Director
$0 $0 $0
Dr Emily Palmer Director 1.00
Director
$0 $0 $0
Colin Peterson Director 1.00
Director
$0 $0 $0
Jeffrey Rabkin Director 1.00
Director
$0 $0 $0
Shira Rabkin Director 1.00
Director
$0 $0 $0
Kate Reiger Director 1.00
Director
$0 $0 $0
Rebecca Schiller Director 1.00
Director
$0 $0 $0
Susan Shapiro Director 1.00
Director
$0 $0 $0
Tracy M Smith Director 1.00
Director
$0 $0 $0
Santiago Strasser Director 1.00
Director
$0 $0 $0
Susan Thurston-Hamerski Director 1.00
Director
$0 $0 $0
Samantha Westmeyer Director 1.00
Director
$0 $0 $0
Lisa Cotter Board Vice President 2.00
Officer Director
$0 $0 $0
Keith Halperin Board President 2.00
Officer Director
$0 $0 $0
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 $915,233 $1,048,513 $400,494 $-133,280
2024 $675,272 $895,508 $529,016 $-220,236
2023 $976,066 $1,009,525 $806,178 $-33,459
2022 $770,905 $976,936 $679,898 $-206,031
2021 $1,043,846 $757,089 $1,021,997 $286,757
2020 $1,024,491 $903,756 $830,933 $120,735
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Illusion Theater and School Inc with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.