Congo Square Theatre Company

EIN: 364333856 501(c)(3) Arts, Culture & Humanities

Chicago, IL

Total Revenue
$640,543
Total Expenses
$1,070,086
Total Assets
$879,109
Net Assets
$844,367
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IL
Principal Officer
RaShawn Fitzgerald
Phone
7732961108
Tax Period
2023-07-01 to 2024-06-30

Congo Square Theatre Company, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $641K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 67% operating deficit.

Mission

Congo Square Theatre Company is an ensemble dedicated to producing transformative work rooted in the African Diaspora. We are a haven for artists of color to challenge and redefine the theatrical canon by amplifying and creating stories that reflect the reach and complexities of Black Culture.

Program Service Accomplishments

Program 1
Expenses: $818,268 Revenue: $136,744

Presentation of World Cultural theatre to neglected communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $503,867
Program Service Revenue $136,744
Investment Income $6,215
Other Revenue $-6,283
TOTAL REVENUE $640,543

Expense Breakdown

Grants Paid $10,235
Salaries & Benefits $296,535
Fundraising Expenses $45,971
Program Expenses $818,268
Other Expenses $763,316
TOTAL EXPENSES $1,070,086

Year-over-Year Comparison

2023 2022 Change
Revenue $640,543 $963,574 -0.3%
Expenses $1,070,086 $916,605 +0.2%
Net Income $-429,543 $46,969 -10.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
Employees
26
Volunteers
40

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
$115,454
Total Directors
11
$115,454
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ericka Ratcliff Artistic Dir. 40.00
Officer Director
$59,920 $0 $59,920
Charlique Rolle Executive Dir. 40.00
Officer Director
$55,534 $0 $55,534
Dawn Frances Reese Board Chair 5.00
Officer Director
$0 $0 $0
Alvin Goldfarb Board Co-Chair 5.00
Officer Director
$0 $0 $0
Dorsey Norman III Treasurer 5.00
Officer Director
$0 $0 $0
Gertrude Wooten Secretary 5.00
Officer Director
$0 $0 $0
Harry Lennix Director 1.00
Director
$0 $0 $0
Tiara Muse Director 1.00
Director
$0 $0 $0
Tanessa Lee Director 1.00
Director
$0 $0 $0
Heath Morgan Director 1.00
Director
$0 $0 $0
Naja Morris Director 1.00
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
2024 $237,626 $346,636 $751,710 $-109,010
2024 $640,543 $1,070,086 $879,109 $-429,543
2023 $963,574 $916,605 $1,323,696 $46,969
2022 $1,259,518 $580,368 $1,311,278 $679,150
2021 $515,679 $229,468 $555,309 $286,211
2020 $204,692 $195,042 $261,870 $9,650
2019 $459,756 $472,815 $11,873 $-13,059
2018 $382,934 $354,908 $37,937 $28,026
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