GRIPPO STAGE COMPANY INC

EIN: 460628048 501(c)(3) Arts, Culture & Humanities

Park Ridge, IL

Total Revenue
$67,129
Total Expenses
$133,945
Total Assets
$49,367
Net Assets
$45,105
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
IL
Principal Officer
Charles Grippo
Phone
7737042302
Tax Period
2023-01-01 to 2023-12-31

GRIPPO STAGE COMPANY INC, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $67K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 100% operating deficit.

Mission

Serve the Community by stimulating, creating and developing interest and knowledge of the performing arts.

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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 $38,307
Program Service Revenue $28,822
Investment Income $0
Other Revenue $0
TOTAL REVENUE $67,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $109,897
Other Expenses $133,945
TOTAL EXPENSES $133,945

Year-over-Year Comparison

2023 2022 Change
Revenue $67,129 $246,128 -0.7%
Expenses $133,945 $138,874 0.0%
Net Income $-66,816 $107,254 -1.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
2

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
1
$30,000
Total Directors
3
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles Grippo President/Artistic Director 30
Officer Director
$30,000 $0 $30,000
Bea Polverini Director 0.5
Director
$0 $0 $0
Kathi Nelson Director 0.5
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
2023 $67,129 $133,945 $49,367 $-66,816
2022 $246,028 $138,874 $116,559 $107,154
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