FILAMENT THEATRE ENSEMBLE NFP

EIN: 261301788 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$347,996
Total Expenses
$356,392
Total Assets
$79,809
Net Assets
$-32,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Principal Officer
ERIK KAIKO
Phone
7732701660
Tax Period
2023-01-01 to 2023-12-31

FILAMENT THEATRE ENSEMBLE NFP, founded in 2007, is a small nonprofit in the Arts, Culture & Humanities sector that reported $348K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF FILAMENT THEATRE IS TO CREATE A MORE EQUITABLE SOCIETY BY CELEBRATING AND AMPLIFYING THE PERSPECTIVES AND EXPERIENCES OF YOUNG PEOPLE THROUGH THE PERFORMING ARTS.

Program Service Accomplishments

Program 1
Expenses: $202,041 Revenue: $101,220

THEATRICAL PRODUCTIONS AND PARTNERSHIPS - PRODUCED 3 PUBLIC TICKETED PRODUCTIONS; THINK FAST, JORDAN CHASE (WORLD PREMIER COMMISSION CO-WRITTEN WITH 839 CHILDREN), IN THE GROVE (A FREE BI-LINGUAL...

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THEATRICAL PRODUCTIONS AND PARTNERSHIPS - PRODUCED 3 PUBLIC TICKETED PRODUCTIONS; THINK FAST, JORDAN CHASE (WORLD PREMIER COMMISSION CO-WRITTEN WITH 839 CHILDREN), IN THE GROVE (A FREE BI-LINGUAL OUTDOOR PERFORMANCE FOR AGES 18 MONTHS - 3 YEARS AND A SELECTED GRANT RECIPIENT AND PARTICIPANT OF THE E(ART)H CHICAGO ARTS FESTIVAL), AND FORTS (AN INDOOR EXPERIENTIAL PLAYMAKING EXPERIENCE) WHICH RAN AT FILAMENT THEATRE'S VENUE AND RECEIVED ITS REGIONAL THEATRE PREMIER AT WRITERS THEATRE IN GLENCOE, IL.

Program 2
Expenses: $48,176 Revenue: $73,573

EDUCATION AND FAMILY PROGRAMS - CONTINUED PROVIDING THEATRE-BASED CLASSES FOR FAMILIES AND SCHOOLS THROUGH IN-SCHOOL AND AFTER-SCHOOL RESIDENCIES WITH PUBLIC ELEMENTARY SCHOOLS. THE CURRICULUM BASED...

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EDUCATION AND FAMILY PROGRAMS - CONTINUED PROVIDING THEATRE-BASED CLASSES FOR FAMILIES AND SCHOOLS THROUGH IN-SCHOOL AND AFTER-SCHOOL RESIDENCIES WITH PUBLIC ELEMENTARY SCHOOLS. THE CURRICULUM BASED PRIMARILY AROUND THE THEMES OF FILAMENT'S THEATRICAL PRODUCTIONS.

Program 3
Expenses: $15,728 Revenue: $0

ARTISTIC RESIDENCY AND YOUTH DEVELOPMENT PROGRAM - COMMISSION AND DEVELOPED NEW WORKS UNDER THE BANNER OF FILAMENT'S INTERNATIONALLY RENOWNED SPARK PROGRAM. STUDENTS APPLY TO SERVE ON A PANEL AND...

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ARTISTIC RESIDENCY AND YOUTH DEVELOPMENT PROGRAM - COMMISSION AND DEVELOPED NEW WORKS UNDER THE BANNER OF FILAMENT'S INTERNATIONALLY RENOWNED SPARK PROGRAM. STUDENTS APPLY TO SERVE ON A PANEL AND RECEIVE 6 WEEKS OF FREE TRAINING THROUGH WEEKLY WORKSHOPS. PROFESSIONAL ARTISTS APPLIED TO A STUDENT PANEL; THE STUDENTS PROVIDED THE GUIDANCE AND FEEDBACK FOR FURTHER DEVELOPMENT ON THE PATH TO GENERATE NEW WORKS FOR THE NATIONAL CANON OF ART FOR YOUNG AUDIENCES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $173,196
Program Service Revenue $174,792
Investment Income $0
Other Revenue $8
TOTAL REVENUE $347,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,478
Fundraising Expenses $6,038
Program Expenses $265,945
Other Expenses $230,914
TOTAL EXPENSES $356,392

Year-over-Year Comparison

2023 2022 Change
Revenue $347,996 $287,997 +0.2%
Expenses $356,392 $310,204 +0.1%
Net Income $-8,396 $-22,207 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
7
Employees
3
Volunteers
20

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
6
$114,787
Total Directors
10
$114,787
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REJINAL SIMON EX OFFICIO 35
Officer Director
$46,875 $0 $46,875
MOLLY BUNDER EX OFFICIO 35
Officer Director
$45,079 $0 $45,079
KRISSI MCEACHERN EX OFFICIO 35
Officer Director
$22,833 $0 $22,833
JACKIE INTRES PRESIDENT 5
Officer Director
$0 $0 $0
HEATHER LALLEY VICE PRESIDENT 2
Officer Director
$0 $0 $0
ERIK KAIKO TREASURER 1
Officer Director
$0 $0 $0
LEE AHLBORN BOARD MEMBER 1
Director
$0 $0 $0
PHILIP SCHWARTZ BOARD MEMBER 0
Director
$0 $0 $0
NATHAN DRACKETT BOARD MEMBER 1
Director
$0 $0 $0
DR DOMINICK MAINO BOARD MEMBER 1
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
2024 No data No data No data No data
2023 $347,996 $356,392 $79,809 $-8,396
2022 $287,997 $310,204 $87,854 $-22,207
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