NEAR WEST THEATRE INC

EIN: 341881815 501(c)(3) Arts, Culture & Humanities

CLEVELAND, OH

Total Revenue
$1,264,243
Total Expenses
$1,446,375
Total Assets
$7,074,516
Net Assets
$6,864,793
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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
OH
Principal Officer
MICHAEL OBERTACZ
Phone
2169619750
Tax Period
2024-07-01 to 2025-06-30

NEAR WEST THEATRE INC, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $1.4M exceeded revenue, resulting in a 14% operating deficit.

Mission

NEAR WEST THEATRE CREATES LIFE-CHANGING THEATRE ARTS EXPERIENCES THAT EMPOWER OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,162,811

NEAR WEST THEATRE (NWT) IS AN INTERGENERATIONAL COMMUNITY THEATRE AND FOUNDING ANCHOR INSTITUTION OF THE GORDON SQUARE ARTS DISTRICT IN THE DETROIT SHOREWAY NEIGHBORHOOD IN CLEVELAND. NWT PRIORITIZES...

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NEAR WEST THEATRE (NWT) IS AN INTERGENERATIONAL COMMUNITY THEATRE AND FOUNDING ANCHOR INSTITUTION OF THE GORDON SQUARE ARTS DISTRICT IN THE DETROIT SHOREWAY NEIGHBORHOOD IN CLEVELAND. NWT PRIORITIZES ACCESSIBILITY AND INCLUSION IN SERVING MARGINALIZED AND VULNERABLE POPULATIONS. THE NWT SERVICE MODEL INCLUDES PRODUCTIONS, PROGRAMS AND EVENTS. THEATRE PRODUCTIONS: EACH SEASON INCLUDES FIVE TO SIX FULL-SCALE LICENSED MUSICAL PRODUCTIONS IN ITS 275-SEAT MAINSTAGE THEATER AND 80-SEAT BLACK BOX THEATER. NEAR WEST THEATRE DIFFERS FROM MANY OTHER COMMUNITY THEATRES IN THAT PRODUCTIONS ARE DESIGNED AND DIRECTED BY PROFESSIONAL THEATRE ARTISTS. THE SEASON'S SHOWS ARE ALSO CHOSEN NOT JUST FOR THEIR AUDIENCE APPEAL AND QUALITY BUT FOR THE IMPORTANT THEMES AND MESSAGES THAT ARE INCLUDED. NWT PRODUCTIONS SERVE ALL AGES WITH DEDICATED PRODUCTIONS FOR SPECIFIC AGE GROUPS. NWT OFFERS A CHOOSE-WHAT-YOU-PAY TICKETING MODEL TO ENSURE ACCESSIBILITY FOR LOW-INCOME RESIDENTS AND FAMILIES. EDUCATIONAL PROGRAMMING: NWT INTRODUCED RISE, A FREE-TO-PARTICIPATE AFTER SCHOOL ARTS ENRICHMENT PROGRAM IN 2017 FOR AREA YOUTH AGES 8-15. SESSIONS RUN IN 12- WEEK CYCLES DURING THE FALL AND SPRING SEMESTERS WITH A FINAL CULMINATING PRODUCTION IN THE SPRING. RISE FOCUSES ON DEVELOPING BOTH THEATRE ARTS SKILLS AS WELL AS SOCIAL-EMOTIONAL SKILLS. NWT PROVIDES YOUTH WITH A SAFE ENVIRONMENT TO LEARN, WHILE IMPROVING THEIR ABILITY TO SUCCEED IN SCHOOL AND WITH PEER RELATIONSHIPS THROUGH SELF-MANAGEMENT, ACCOUNTABILITY, AND PROBLEM SOLVING AS A TEAM. NWT ALSO OFFERS A 4-WEEK SUMMER TECHNICAL THEATRE WORKSHOP FOR AREA TEENAGERS THAT INTRODUCE THEM TO THE BASIC SKILLS REQUIRED IN THEATRICAL PRODUCTION AND OTHER WELL-PAYING CAREERS. THESE SKILLS INCLUDE CARPENTRY, WELDING, VIDEO, SPECIAL EFFECTS, SCENIC PAINTING, AND DESIGN. NWT DELIVERS WORKSHOPS AND LONG-TERM RESIDENCIES EXTERNALLY IN AREA SCHOOLS AND SENIOR CENTERS CONTRACTING WITH TRAINED TEACHING ARTISTS. COMMUNITY EVENTS: NWT LAUNCHED THE POPULAR HISTORIC HAUNTS IN OCTOBER 2021 IN PARTNERSHIP WITH THE WEST CLINTON BLOCK CLUB AND HAS BECOME A SIGNATURE EVENT NOW IN ITS THIRD YEAR IN 2023. WE OFFER DRAG QUEEN STORY HOUR QUARTERLY TEACHING ACCEPTANCE AND LOVE WHILE PROVIDING SAFE SPACES FOR LGBTQ+ YOUTH AND FAMILIES. NWT HOSTS QUEER PROM IN PARTNERSHIP WITH THE LGBT CENTER EVERY JUNE, PARTICIPATES IN VARIOUS COMMUNITY PROGRAMS IN PARTNERSHIP WITH GORDON SQUARE ARTS DISTRICT, AND HOSTS VARIOUS COMMUNITY GROUPS IN OUR FACILITY THROUGHOUT THE YEAR. IN 2025, NWT LAUNCHED A FREE OUTDOOR PLAZA CELEBRATION CONCERT SERIES FOR PRIDE, JUNETEENTH AND HISPANIC HERITAGE MONTH.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $778,250
Program Service Revenue $348,472
Investment Income $1,968
Other Revenue $135,553
TOTAL REVENUE $1,264,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $717,771
Fundraising Expenses $203,827
Program Expenses $1,162,811
Other Expenses $728,604
TOTAL EXPENSES $1,446,375

Year-over-Year Comparison

2024 2023 Change
Revenue $1,264,243 $839,025 +0.5%
Expenses $1,446,375 $1,381,314 +0.0%
Net Income $-182,132 $-542,289 -0.7%
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
17
Independent Members
17
Employees
12
Volunteers
200

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
$172,020
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL OBERTACZ EXECUTIVE DI 50.00
Officer
$89,428 $0 $89,428
TRINIDAD SNIDER ARTISTIC DIR 50.00
Officer
$82,592 $0 $82,592
EMILY BAXTER TRUSTEE 1.00
Director
$0 $0 $0
JASON BRISTOL TRUSTEE 1.00
Director
$0 $0 $0
BRANDON CASTANEDA TRUSTEE 1.00
Director
$0 $0 $0
TOI COMER TRUSTEE 1.00
Director
$0 $0 $0
KRISTY CRUZ TRUSTEE 1.00
Director
$0 $0 $0
DYLAN FALLON TRUSTEE 1.00
Director
$0 $0 $0
EMILY GESSNER TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW GRIMES TRUSTEE 1.00
Director
$0 $0 $0
KENNETH KALYNCHUK PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES LAZARUS TREASURER 2.00
Officer Director
$0 $0 $0
JAZMIN LONG TRUSTEE 1.00
Director
$0 $0 $0
DEANNA MURLIN TRUSTEE 1.00
Director
$0 $0 $0
BRANDON RUDD TRUSTEE 1.00
Director
$0 $0 $0
DIVYA SRIDHAR TRUSTEE 1.00
Director
$0 $0 $0
EDWARD STOCKHAUSEN SECRETARY 2.00
Officer Director
$0 $0 $0
ASHLEY WASIELEWSKI TRUSTEE 1.00
Director
$0 $0 $0
DEB YANDALA VICE PRESIDE 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 $1,264,243 $1,446,375 $7,074,516 $-182,132
2024 $839,025 $1,381,314 $7,056,499 $-542,289
2023 $1,278,273 $1,209,590 $7,340,627 $68,683
2022 $708,436 $1,081,044 $7,134,795 $-372,608
2021 $1,034,612 $730,582 $7,808,090 $304,030
2020 $1,139,442 $1,081,583 $7,377,782 $57,859
2019 $2,268,902 $1,310,064 $7,083,537 $958,838
2018 $966,436 $1,316,772 $6,074,142 $-350,336
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