RACINE THEATRE GUILD INC

EIN: 390981929 501(c)(3) Arts, Culture & Humanities

RACINE, WI

Total Revenue
$971,221
Total Expenses
$874,944
Total Assets
$1,988,288
Net Assets
$1,745,857
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
WI
Principal Officer
KEN SMERCHEK
Phone
2626334218
Tax Period
2024-07-01 to 2025-06-30

RACINE THEATRE GUILD INC, founded in 1938, is a small nonprofit in the Arts, Culture & Humanities sector that reported $971K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $875K left a modest 10% surplus.

Mission

THE THEATRICAL PRODUCTIONS OF THE RACINE THEATRE GUILD ALLOW THE LOCAL COMMUNITY THE OPPORTUNITY TO PARTICIPATE IN ALL ASPECTS OF THE THEATRICAL EXPERIENCE.

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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 $341,331
Program Service Revenue $530,077
Investment Income $44,657
Other Revenue $55,156
TOTAL REVENUE $971,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $312,928
Fundraising Expenses $0
Program Expenses $520,076
Other Expenses $561,690
TOTAL EXPENSES $874,944

Year-over-Year Comparison

2024 2023 Change
Revenue $971,221 $898,506 +0.1%
Expenses $874,944 $948,088 -0.1%
Net Income $96,277 $-49,582 -2.9%
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
23
Independent Members
21
Employees
6
Volunteers
500

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
5
$92,556
Total Directors
23
$147,884
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS INSTENES MANAGING ART DIRECTOR 40.00
Officer Director
$92,556 $0 $92,556
JOYCELYN FISH DIRECTOR OF MARKETING & DE 40.00
Director
$55,328 $0 $55,328
IAN ANDERSON MEMBER 1.00
Officer Director
$0 $0 $0
STACEY MALACARA SECRETARY 1.00
Officer Director
$0 $0 $0
KEN SMERCHEK TREASURER 1.00
Officer Director
$0 $0 $0
MEGHAN BENSON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ISABELLE BULLOCK MEMBER 1.00
Director
$0 $0 $0
EMILY MUELLER PRESIDENT 1.00
Director
$0 $0 $0
JAMES SMALL MEMBER 1.00
Director
$0 $0 $0
RICARDO MORALES MEMBER 1.00
Director
$0 $0 $0
PAUL MARQUEZ MEMBER 1.00
Director
$0 $0 $0
ELIZABETH YOUNG MEMBER 1.00
Director
$0 $0 $0
ANGELA APMANN MEMBER 1.00
Director
$0 $0 $0
RUTH LAZALDE MEMBER 1.00
Director
$0 $0 $0
SAMANTHA SUSTACHEK MEMBER 1.00
Director
$0 $0 $0
KATHY BERG MEMBER 1.00
Director
$0 $0 $0
JOHN BRUENING MEMBER 1.00
Director
$0 $0 $0
APRIL HARRIS MEMBER 1.00
Director
$0 $0 $0
JESSICA JONES MEMBER 1.00
Director
$0 $0 $0
SHEBANIAH MUHAMMAD MEMBER 1.00
Director
$0 $0 $0
TJ ORTH MEMBER 1.00
Director
$0 $0 $0
GERALD PTACEK MEMBER 1.00
Director
$0 $0 $0
PETER REYNOLDS MEMBER 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
2025 $971,221 $874,944 $1,988,288 $96,277
2024 $898,506 $948,088 $1,752,392 $-49,582
2023 $743,374 $866,284 $1,719,928 $-122,910
2022 $1,241,766 $661,686 $1,727,071 $580,080
2021 $548,161 $379,630 $1,273,001 $168,531
2020 $862,781 $718,089 $1,215,401 $144,692
2019 $916,928 $944,097 $1,083,134 $-27,169
2018 $796,282 $716,680 $1,154,698 $79,602
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