SKOKIE, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DEFINITION THEATRE COMPANY, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $756K, a strong 55% operating margin.
Definition Theatre celebrates stories created with, inspired by, and intended for the people and communities of color. Through the act of making, Definition expands perspectives, stewards resources, and bridges the immense possibility found at the intersection of art, innovation, and education.
AMPLIFY: NEW PLAY COMMISSIONWITH THIS NEW PLAY DEVELOPMENT PROGRAM, WE OFFER COMMISSIONS TO BIPOC CHICAGO PLAYWRIGHTS TO FIND THEIR LITERARY VOICE. FINALISTS RECEIVE DEVELOPMENT SUPPORT FORTWO YEARS...
AMPLIFY: NEW PLAY COMMISSIONWITH THIS NEW PLAY DEVELOPMENT PROGRAM, WE OFFER COMMISSIONS TO BIPOC CHICAGO PLAYWRIGHTS TO FIND THEIR LITERARY VOICE. FINALISTS RECEIVE DEVELOPMENT SUPPORT FORTWO YEARS WITH THE COMPANY WHICH INCLUDES TWO WORKSHOPS WITH A DIRECTOR OF THEIRCHOICE, CASTING, DRAMATURGY, AND A PUBLIC READING OF THEIR WORK.BY DESIGNDEFINITION OFFERS YOUNG ASPIRING DESIGNERS ACCESS TO THE FULL PRODUCTION PROCESSWORKING ALONGSIDE PROFESSIONAL DESIGNERS FOR MENTORSHIP.WINTER THEATRICAL PRODUCTION JUDY'S LIFE'S WORK AND SPRING THEATRICAL PRODUCTION AN EDUCATED GUESS. BACKPACK & HOLIDAY GIFT GIVEAWAYIN PARTNERSHIP WITH WADSWORTH ELEMENTARY SCHOOL, DEFINITION PROVIDES ELEMENTARY.DEFINITION INNOVATOR PROVIDING SPACE, RESOURCES, EDUCATIONAL COMMERCE COURSES, ONE-ON-ONE COACHING AND CAPITAL FOR BLACK AND BROWN ENTREPRENEURS OF THE SOUTH AND WEST SIDE OF CHICAGO.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,374,804 | $654,971 | +1.1% |
| Expenses | $618,538 | $521,543 | +0.2% |
| Net Income | $756,266 | $133,428 | +4.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tyrone Phillips | ARTISTIC DIREC. | 40.00 |
Officer
Director
|
$50,000 | $0 | $50,000 |
| Neel McNeill | Director | 40.00 |
Officer
Director
|
$50,000 | $0 | $50,000 |
| Tiffany Trent | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rachel Fruend | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nicole Clements | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alina Ali | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Greta Honold | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Timothy Ortmann | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gordon Liao | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Terrand Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Strutmanis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Hansel Whiteurst | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,374,804 | $618,538 | $1,829,702 | $756,266 |
| 2023 | $934,303 | $521,543 | $1,067,714 | $412,760 |
| 2023 | $654,971 | $521,543 | $975,214 | $133,428 |
| 2022 | $323,183 | $319,680 | $654,954 | $3,503 |
| 2022 | $510,015 | $319,680 | $841,786 | $190,335 |
| 2021 | $538,280 | $254,589 | $651,451 | $283,691 |
| 2020 | $401,804 | $55,639 | $367,760 | $346,165 |
Compare DEFINITION THEATRE COMPANY with other nonprofits in Illinois and across the country.