WILMETTE THEATRE EDUCATION PROJECT NFP (EIN 262037375) - 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

2008

Legal Domicile

Principal Officer

MICHAEL MURDOCK

Phone

8472517424

Tax Period

2024-01-01 to 2024-12-31

WILMETTE THEATRE EDUCATION PROJECT NFP, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $534K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $513K left a modest 4% surplus.

Mission

The Wilmette Theature Education Project NFP is the premier multi-arts and performance center anchoring the downtown business district by providing vibrant entertainment, education and enrichment for the 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 $65,275

Program Service Revenue $392,214

Investment Income $18,464

Other Revenue $57,833

TOTAL REVENUE $533,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,908

Fundraising Expenses $21,000

Program Expenses $460,349

Other Expenses $345,047

TOTAL EXPENSES $512,955

Year-over-Year Comparison

	2024	2023	Change
Revenue	$533,786	$587,436	-0.1%
Expenses	$512,955	$585,453	-0.1%
Net Income	$20,831	$1,983	+9.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HUTCHINSON	Director	3.00	Director	$0	$0	$0
JANET KOESTRING	Director	3.00	Director	$0	$0	$0
MAGGIE LEFEVOUR	Director	3.00	Director	$0	$0	$0
SONESH SHAH	Director	3.00	Director	$0	$0	$0
MICHAEL MURDOCK	President	10.00	Officer	$0	$0	$0
STEFANIE RUPP	Secretary	3.00	Officer	$0	$0	$0
RICH WICKEL	Treasurer	3.00	Officer	$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	$533,786	$512,955	$1,057,806	$20,831
2023	$587,436	$585,453	$1,045,820	$1,983
2022	$554,488	$440,353	$1,052,867	$114,135
2021	$645,980	$263,548	$971,287	$382,432
2020	$244,346	$328,096	$695,958	$-83,750
2019	$641,387	$608,217	$625,362	$33,170
2018	$810,258	$744,701	$622,040	$65,557

WILMETTE THEATRE EDUCATION PROJECT NFP