Auditorium Theatre of Roosevelt University Inc

EIN: 363145476 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$20,202,231
Total Expenses
$19,308,281
Total Assets
$17,754,964
Net Assets
$7,524,306
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
IL
Phone
3123412310
Tax Period
2023-09-01 to 2024-08-31

Auditorium Theatre of Roosevelt University Inc, founded in 1981, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $20.2M in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $19.3M left a modest 4% surplus.

Mission

The Auditorium Theatre of Roosevelt University ("The Auditorium"), an Illinois not-for-profit corporation, is committed to presenting the finest in international, cultural, community and educational programming to Chicago and to the continued restoration and preservation of the National Historic Landmark Auditorium Theatre.

Program Service Accomplishments

Program 1
Expenses: $17,633,042 Revenue: $15,294,907

For nearly 135 years, the Auditorium has evolved, each decade ushering in a new challenge, and a new voice. From the operatic glory of our inception to the rock-and-roll concerts of the 1960s and...

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For nearly 135 years, the Auditorium has evolved, each decade ushering in a new challenge, and a new voice. From the operatic glory of our inception to the rock-and-roll concerts of the 1960s and 70s, from a setting for the world's most legendary musicals to the greatest ballets, the Auditorium has adapted and grown, but we have always remained dedicated to providing the highest quality of artistic experiences while preserving the storied principles upon which we were founded. From the sweeping arches to the stage itself, the breadth of talent to grace the Auditorium is astounding. Former Presidents Theodore Roosevelt and William McKinley gave speeches where, years later, incandescent musicians such as Jimi Hendrix, The Doors, Aretha Franklin, and Elton John performed. Stevie Wonder and Ray Charles captivated audiences in the same space where Les Miserables and Phantom of the Opera once played to sold-out crowds. Whether Frank Sinatra or Itzhak Perlman, The Beach Boys or Booker T. Washington, we are proud of all those who have visited our stage, but we are always focused on improving and enhancing the quality of our lineup-for a Landmark Auditorium in one of the world's greatest cities, nothing else will suffice. Our programming continues to evolve. The Auditorium's presented season annually features an eclectic mix that ranges from classical ballet to contemporary dance, and our kinetic, self-produced musical experience, "Too Hot to Handel: The Jazz-Gospel Messiah," combines dynamic jazz improvisation with a beloved classical music composition. This production also showcases dozens of local musicians, a volunteer choir, and three exceptional soloists, who collectively create a true community experience. Thus, while we are committed to presenting unparalleled national and international companies, we are ever mindful of the diversity of the landscape the surrounds us. We actively pursue artistic groups that showcase local talent and embrace diversity, multiculturalism, and equity. We remain profoundly dedicated to principles of inclusion and continuously search for new avenues to express these crucial ideals. The Auditorium's enrichment experiences constitute an equally integral area of focus. Programs such as "Hearts to Art," a summer arts camp for children who have experienced the death of a parent, are crucial to using music, dance, theatre, and creative play as a conduit for growth, guidance and healing. Similarly, our innovative ArtsXChange professional development opportunity provides educators with tools for teaching arts education to their students. Additional engagement efforts such as our Admit One program, provides community groups that have limited resources and minimal access to the arts with opportunities to experience world-class performances, and our master classes help students from throughout the Chicago area engage the arts on a deeper level and illustrate that our dedication to our patrons extends beyond the stage and into our communities. At the center of our mission is the commitment to the ongoing restoration and preservation of our National Historic Landmark. We have recently taken significant steps to ensure the success of our preservation goals, which include expanding public access to the stories of innovation, excellence, and diversity that intersect with the tremendous legacy of the Auditorium .

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,793,280
Program Service Revenue $15,294,907
Investment Income $223,147
Other Revenue $890,897
TOTAL REVENUE $20,202,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,128,981
Fundraising Expenses $410,960
Program Expenses $17,633,042
Other Expenses $13,179,300
TOTAL EXPENSES $19,308,281

Year-over-Year Comparison

2023 2022 Change
Revenue $20,202,231 $11,614,342 +0.7%
Expenses $19,308,281 $14,131,891 +0.4%
Net Income $893,950 $-2,517,549 -1.4%
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
29
Independent Members
25
Employees
410
Volunteers
601

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
11
$748,050
Total Directors
31
$1,667,785
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE CROWN SECRETARY 2.0
Officer Director
$0 $0 $0
KEVIN HOECKER TREASURER (Thru. 01/24) 2.0
Officer Director
$0 $0 $0
KRISTINA BLASCHEK TREASURER (Begin 01/24) 2.0
Officer Director
$0 $0 $0
PATTI EYLAR VICE CHAIR 2.0
Officer Director
$0 $0 $0
RICHARD REGAN CHIEF EXECUTIVE OFFICER 38.0
Officer Director
$318,439 $65,656 $384,095
RODERICK K HAWKINS VICE CHAIR 2.0
Officer Director
$0 $0 $0
THOMAS R BARYL BOARD CHAIR 10.0
Officer Director
$0 $0 $0
ALI R MALEKZADEH DIRECTOR 1.0
Director
$0 $57,056 $939,792
ANNE O NASH DIRECTOR EMERITUS 1.0
Director
$0 $0 $0
ANNETTE CM GUZMAN DIRECTOR 1.0
Director
$0 $0 $0
ARLENE REGNERUS DIRECTOR 1.0
Director
$0 $11,546 $259,075
CHARLES R GARDNER DIRECTOR EMERITUS 1.0
Director
$0 $0 $0
CHRIS SCHUBA DIRECTOR 1.0
Director
$0 $0 $0
EDWARD S WEIL III DIRECTOR 1.0
Director
$0 $0 $0
HELEN MELCHOIR DIRECTOR 1.0
Director
$0 $0 $0
JOAN COLMAR DIRECTOR 1.0
Director
$0 $0 $0
JOHN D'ALESSANDRO DIRECTOR (Begin 09/01/23) 1.0
Director
$0 $0 $0
KATHERINE LIN DIRECTOR 1.0
Director
$0 $0 $0
KEVIN DUNPHY DIRECTOR (Begin 09/01/23) 1.0
Director
$0 $0 $0
KEVIN HAMPTON DIRECTOR 1.0
Director
$0 $6,637 $84,823
MARLENA PELEO-LAZAR DIRECTOR 1.0
Director
$0 $0 $0
MATT MCNICHOLAS DIRECTOR 1.0
Director
$0 $0 $0
MEGAN MORTON DIRECTOR 1.0
Director
$0 $0 $0
MELVIN L KATTEN DIRECTOR EMERITUS 1.0
Director
$0 $0 $0
MIKE ADEN DIRECTOR 1.0
Director
$0 $0 $0
NICOLE HAYES DIRECTOR 1.0
Director
$0 $0 $0
ROBERT GORDON DIRECTOR 1.0
Director
$0 $0 $0
SCOTT TAXMAN DIRECTOR (Begin 01/23/24) 1.0
Director
$0 $0 $0
SEYMOUR TAXMAN DIRECTOR EMERITUS (Thru. 01/23/24) 1.0
Director
$0 $0 $0
TREMAINE ATKINSON DIRECTOR 1.0
Director
$0 $0 $0
TRUDI GENTRY DIRECTOR 1.0
Director
$0 $0 $0
JUDIE MOORE GREEN CHIEF DEVELOPMENT OFFICER 38.0
Officer
$114,737 $30,101 $144,838
RACHEL FREUND CHIEF FINANCIAL OFFICER (Thru. 06/04/24) 38.0
Officer
$170,162 $48,955 $219,117
RYAN COLLINS CHIEF FINANCIAL OFFICER (Begin 07/29/24) 38.0
Officer
$0 $0 $0
TODD NONKEN CHIEF MARKETING OFFICER (Begin 08/26/24) 38.0
Officer
$0 $0 $0
JULIET TRIELOFF GENERAL MANAGER 38.0
Highest
$126,343 $10,389 $136,732
MARY MAZZA BOX OFFICE TREASURER 38.0
Highest
$113,601 $43,168 $156,769
MATTHEW RUCINS SENIOR TALENT BUYER 38.0
Highest
$112,179 $12,532 $124,711
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 No data No data No data No data
2024 $20,202,231 $19,308,281 $17,754,964 $893,950
2023 $11,614,342 $14,131,891 $12,453,858 $-2,517,549
2022 $20,848,062 $14,374,077 $12,886,615 $6,473,985
2021 $3,358,894 $2,643,866 $13,852,970 $715,028
2020 $13,100,442 $13,866,651 $5,534,186 $-766,209
2019 $19,240,977 $19,332,182 $5,672,112 $-91,205
2018 $22,439,422 $21,832,389 $5,993,896 $607,033
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