THEATER LEAGUE INC

EIN: 510196231 501(c)(3) Arts, Culture & Humanities

KANSAS CITY, MO

Total Revenue
$1,811,458
Total Expenses
$9,796,326
Total Assets
$7,252,203
Net Assets
$6,641,668
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MO
Principal Officer
Mark Edelman
Phone
8169166275
Tax Period
2025-01-01 to 2025-12-31

THEATER LEAGUE INC, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $9.8M exceeded revenue, resulting in a 441% operating deficit.

Mission

civic performing arts organization dedicated to the development and support of live! theater as a cultural and education resource. Activities include supporting local theater companies and Shakespeare Festivals, Theatre for Young America companies and Companies of Color across the United States through associations with Shakespeare Theatre Association, TYA-USA and Theatre Communications Group (TCG), respectively. In addition, provide support for theater scholarships and subsidized and free tickets to students who attend Title 1 schools. Organization also involved in development and support of new works of theater

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,000
Program Service Revenue $1,344,376
Investment Income $466,082
Other Revenue $0
TOTAL REVENUE $1,811,458

Expense Breakdown

Grants Paid $8,594,388
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $988,977
Other Expenses $1,201,938
TOTAL EXPENSES $9,796,326

Year-over-Year Comparison

2025 2024 Change
Revenue $1,811,458 $2,101,531 -0.1%
Expenses $9,796,326 $14,317,609 -0.3%
Net Income $-7,984,868 $-12,216,078 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Edelman President 5.00
Officer Director
$0 $0 $0
Alice Jacks Achtenberg Vice President 2.00
Officer Director
$0 $0 $0
Ellen Goldman Secretary 1.00
Officer Director
$0 $0 $0
Mike Azorsky Treasurer 1.00
Officer Director
$0 $0 $0
Dr Phyllis Carozza Director 1.00
Director
$0 $0 $0
Jack Holland Director 1.00
Director
$0 $0 $0
John Johntz Director 1.00
Director
$0 $0 $0
Nancy Trager Director 1.00
Director
$0 $0 $0
Sue Rollins Director 1.00
Director
$0 $0 $0
Matt Lentz Director 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 $1,811,458 $9,796,326 $7,252,203 $-7,984,868
2024 $2,101,531 $14,317,609 $15,242,722 $-12,216,078
2023 $5,419,516 $5,522,607 $27,501,277 $-103,091
2022 $1,974,369 $6,853,217 $27,534,408 $-4,878,848
2021 $2,126,157 $1,711,489 $32,499,002 $414,668
2020 $2,354,910 $2,124,903 $32,156,773 $230,007
2019 $10,376,668 $9,772,994 $30,754,099 $603,674
2018 $22,674,443 $20,761,568 $29,732,873 $1,912,875
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