EMERGENCE DANCE THEATRE

EIN: 363407240 501(c)(3)

CHICAGO, IL

Total Revenue
$180,161
Total Expenses
$167,933
Total Assets
$813,897
Net Assets
$812,207
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IL
Principal Officer
JOHN L SCHMITZ
Phone
7739890698
Tax Period
2024-08-01 to 2025-07-31

EMERGENCE DANCE THEATRE, founded in 1984, is a small nonprofit that reported $180K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $168K left a modest 7% surplus.

Mission

THE MISSION OF EMERGENCE DANCE IS TO EXPAND ACCESS TO DANCE FOR ARTISTS AND AUDIENCES BY PERFORMING, REHEARSING, TEACHING, ADVISING, PRESENTING, CURATING AND MARKETING DANCE.

Program Service Accomplishments

Program 1
Expenses: $20,878 Revenue: $63,810

PRODUCING, CURATING AND PRESENTING DANCE CHICAGO, A MAJOR ANNUAL FESTIVAL OF DANCE, NOW IN ITS 30TH YEAR AT ATHEANAEUM THEATRE AND OTHER VENUES.

Program 2
Expenses: $101,250 Revenue: $84,936

PROVIDING REHEARSAL SPACE / CONSULTING TO NOT FOR PROFIT ARTS ORGANIZATIONS: DANCE CHICAGO CENTER AT ATHENAEUM THEATRE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $148,746
Investment Income $31,415
Other Revenue $0
TOTAL REVENUE $180,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,341
Fundraising Expenses $0
Program Expenses $122,128
Other Expenses $163,592
TOTAL EXPENSES $167,933

Year-over-Year Comparison

2024 2023 Change
Revenue $180,161 $194,551 -0.1%
Expenses $167,933 $158,949 +0.1%
Net Income $12,228 $35,602 -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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
750

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
3
$4,345
Total Directors
7
$4,345
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BLAND PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN SCHMITZ TREASURER/EXECUTIVE DIRECT 50.00
Officer Director
$0 $2,220 $2,220
CORINNE GLOGER SECRETARY 20.00
Officer Director
$0 $2,125 $2,125
MAXINE KRUGMAN DIRECTOR 0.50
Director
$0 $0 $0
SANDRA SCHRAMEL DIRECTOR 0.50
Director
$0 $0 $0
GIEDRIUS PLOPLYS DIRECTOR 0.50
Director
$0 $0 $0
MARGARET HAWKINS DIRECTOR 0.50
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 $180,161 $167,933 $813,897 $12,228
2024 $194,551 $158,949 $799,979 $35,602
2023 $142,628 $134,817 $766,701 $7,811
2022 $116,604 $91,980 $758,099 $24,624
2021 $47,637 $65,075 $733,068 $-17,438
2020 $87,444 $102,000 $753,841 $-14,556
2019 $119,582 $95,934 $766,598 $23,648
2018 $112,794 $82,180 $741,938 $30,614
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