Porchlight Music Theatre Chicago (EIN 364021553) - 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

1995

Legal Domicile

Principal Officer

Jenna Deja

Phone

7737779884

Tax Period

2024-09-01 to 2025-08-31

Porchlight Music Theatre Chicago, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

Porchlight, Chicagos home for music theatre, illuminates the past, present and future of this American art form through live performance, youth education and outreach programs that positively impact and connect us to 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 $1,215,242

Program Service Revenue $692,042

Investment Income $1,610

Other Revenue $51,141

TOTAL REVENUE $1,960,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $831,268

Fundraising Expenses $431,531

Program Expenses $1,205,841

Other Expenses $1,141,118

TOTAL EXPENSES $1,972,386

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,960,035	$2,139,778	-0.1%
Expenses	$1,972,386	$2,173,976	-0.1%
Net Income	$-12,351	$-34,198	-0.6%

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

$208,646

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Weber	Artistic Director COO	40.00	Officer	$90,920	$0	$90,920
Jeannie Lukow	Former Executive Director CEO	40.00	Officer	$84,866	$0	$84,866
Jenna Deja	Interim Executive Director	40.00	Officer	$32,860	$0	$32,860
Scott Vandermyde	Board Member	2.00	Director	$0	$0	$0
Michelle Cucchiaro	Board Member	2.00	Director	$0	$0	$0
Brenda Didier	Board Member	2.00	Director	$0	$0	$0
Rhona Frazin	Board Member	2.00	Director	$0	$0	$0
William Gilmer	Board Member	2.00	Director	$0	$0	$0
Charles Laff	Board Member	2.00	Director	$0	$0	$0
Kenny Ingram	Board Member	2.00	Director	$0	$0	$0
Tamara Sims	Board Member	2.00	Director	$0	$0	$0
Mike Lowenthal	Board Member	2.00	Director	$0	$0	$0
Robin Simon	Board Member	2.00	Director	$0	$0	$0
Joseph Higgins	Vice Chair	2.00	Officer Director	$0	$0	$0
Todd Arp	Co-Treasurer	2.00	Officer Director	$0	$0	$0
Brandon Harrington	Chair	2.00	Officer Director	$0	$0	$0
Nate Groonwald	Secretary	2.00	Officer Director	$0	$0	$0
Sue Suchy	Co-Treasurer	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	$1,960,035	$1,972,386	$833,802	$-12,351
2024	$2,139,778	$2,173,976	$802,221	$-34,198
2023	$2,648,091	$2,826,952	$576,750	$-178,861
2022	$2,078,143	$2,233,637	$859,908	$-155,494
2021	$1,443,229	$896,802	$1,051,603	$546,427
2020	$1,564,605	$1,716,389	$477,880	$-151,784
2019	$2,137,466	$1,756,916	$575,192	$380,550
2018	$1,543,823	$1,676,976	$182,128	$-133,153

Porchlight Music Theatre Chicago