NORTHERN SKY THEATER INC

EIN: 391666391 501(c)(3) Arts, Culture & Humanities

FISH CREEK, WI

Total Revenue
$2,499,755
Total Expenses
$2,668,759
Total Assets
$9,356,810
Net Assets
$9,245,723
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
WI
Principal Officer
HOLLY FELDMAN
Phone
9208546117
Tax Period
2024-01-01 to 2024-12-31

NORTHERN SKY THEATER INC, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $9.2M represent 44 months of operating reserves.

Mission

TO CREATE, DEVELOP AND PRESENT MUSIC AND DRAMA PRODUCTIONS FOR CULTURE AND HERITAGE 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 $1,446,028
Program Service Revenue $938,574
Investment Income $27,421
Other Revenue $87,732
TOTAL REVENUE $2,499,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,299,715
Fundraising Expenses $134,018
Program Expenses $2,029,873
Other Expenses $1,369,044
TOTAL EXPENSES $2,668,759

Year-over-Year Comparison

2024 2023 Change
Revenue $2,499,755 $2,707,930 -0.1%
Expenses $2,668,759 $2,739,328 0.0%
Net Income $-169,004 $-31,398 +4.4%
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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Governance

Voting Members
12
Independent Members
12
Employees
62
Volunteers
181

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
$164,892
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI LING CHAIRPERSON 3.00
Officer Director
$0 $0 $0
SUSAN CALDWELL VICE CHAIRPERSON 3.00
Officer Director
$0 $0 $0
THOMAS MOORE TREASURER 1.00
Officer Director
$0 $0 $0
ERIC DEJARDINE SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTINE SALDANHA DIRECTOR 0.50
Director
$0 $0 $0
FREDERICK HEIDE DIRECTOR 0.50
Director
$0 $0 $0
MARK BRESEMAN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL J MCCOY DIRECTOR 0.50
Director
$0 $0 $0
KATIE DAHL DIRECTOR 0.50
Director
$0 $0 $0
JOHN SAWYER DIRECTOR 0.50
Director
$0 $0 $0
BILL THEISEN DIRECTOR 0.50
Director
$0 $0 $0
PAULA KOCKEN DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY HERBST ARTISTIC DIRECTOR 40.00
Officer
$95,207 $0 $95,207
HOLLY FELDMAN MANAGING DIRECTOR 45.00
Officer
$69,685 $0 $69,685
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 $2,499,755 $2,668,759 $9,356,810 $-169,004
2023 $2,707,930 $2,739,328 $9,588,296 $-31,398
2022 $2,881,655 $2,808,540 $10,387,111 $73,115
2021 $2,539,990 $1,919,847 $10,362,739 $620,143
2020 $1,888,696 $1,333,664 $10,290,318 $555,032
2019 $2,501,526 $1,702,320 $9,848,904 $799,206
2018 $2,384,906 $1,481,564 $7,456,509 $903,342
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