The Theatre of Western Springs

EIN: 366113372 501(c)(3) Arts, Culture & Humanities

Western Springs, IL

Total Revenue
$1,150,528
Total Expenses
$1,024,011
Total Assets
$2,912,206
Net Assets
$2,641,471
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
IL
Principal Officer
Benton Bullwinkel
Phone
7082464043
Tax Period
2024-07-01 to 2025-06-30

The Theatre of Western Springs, founded in 1950, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $1.0M left a modest 11% surplus.

Mission

Training in theatrical aspects of performance for children and adults, as well as development of theatre appreciation.

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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 $166,318
Program Service Revenue $786,690
Investment Income $54,277
Other Revenue $143,243
TOTAL REVENUE $1,150,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $503,788
Fundraising Expenses $120,438
Program Expenses $688,367
Other Expenses $520,223
TOTAL EXPENSES $1,024,011

Year-over-Year Comparison

2024 2023 Change
Revenue $1,150,528 $1,426,267 -0.2%
Expenses $1,024,011 $954,381 +0.1%
Net Income $126,517 $471,886 -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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
17
Volunteers
425

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
$18,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Julie Tomek Campo Member 2.00
Director
$0 $0 $0
Katie Hedrich Member 2.00
Director
$0 $0 $0
Ryan Yagoda Member to 11/12/24 2.00
Director
$0 $0 $0
Laura Ciresi Starr Chair to 11/12/24 5.00
Officer Director
$0 $0 $0
Danny Parrott Vice Chair starting 11/13/24 5.00
Officer Director
$0 $0 $0
Linda Roberts Member 4.00
Director
$0 $0 $0
Jon Mills Member 11/13/24 - 6/30/25 4.00
Director
$0 $0 $0
Christine Winchester Secretary to 11/12/24 4.00
Officer Director
$0 $0 $0
Angela McDonald Secretary from 11/13/24 10.00
Officer Director
$0 $0 $0
Benton Bullwinkel V-Chair to 11/12 Chair from 11/13 12.00
Officer Director
$0 $0 $0
Rossann Baker-Priestley Member 3.00
$0 $0 $0
Patti Roeder Member 3.00
$0 $0 $0
Edward W Wavak Treasurer 12.00
Officer
$18,000 $0 $18,000
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 $1,150,528 $1,024,011 $2,912,206 $126,517
2024 $1,426,267 $954,381 $2,677,304 $471,886
2023 $747,301 $815,033 $2,109,014 $-67,732
2022 $1,072,475 $717,511 $2,068,320 $354,964
2021 $1,121,322 $419,028 $1,922,318 $702,294
2020 $766,118 $821,595 $1,093,393 $-55,477
2019 $922,417 $795,236 $1,239,114 $127,181
2018 $960,945 $989,482 $1,146,373 $-28,537
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