The Gift Theatre Company is a 501(c)(3) organization based in Chicago, Illinois, registered in 2002, with $280,448 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$280K
▲ 45.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$311K
Net assets
$35K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Gift Theatre Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Gift Theatre Company: 1 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Gift Theatre Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Gift Theatre Company: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $150K (FY2010) to $280K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-11.0%
Spent more than it raised in the latest fiscal year.
Total assets
$43K
Total liabilities
$8,415
Net assets
$35K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $280,448▲45.4% | $311,308▲18.0% | $34,948▼46.9% | $43,363▼34.9% | 990 |
| 2023 | $192,879▼18.8% | $263,878▼15.0% | $65,808▼51.9% | $66,575▼51.3% | 990 |
| 2022 | $237,480▼16.7% | $310,383▲39.7% | $136,807▼34.8% | $136,807▼34.8% | 990 |
| 2021 | $285,229▼5.7% | $222,253▼1.3% | $209,710▲42.9% | $209,710▲26.9% | 990 |
| 2020 | $302,393▼19.0% | $225,294▼37.2% | $146,734▲111% | $165,297▲119% | 990 |
| 2019 | $373,337▼1.3% | $358,484▼7.8% | $69,635▲27.1% | $75,635▼31.7% | 990 |
| 2018 | $378,093▲2.8% | $388,745▲2.2% | $54,782▼16.3% | $110,782▲21.0% | 990 |
| 2017 | $367,706▼21.9% | $380,541▼16.4% | $65,434▼16.4% | $91,543▼18.3% | 990 |
| 2016 | $471,029▲145% | $455,059▲104% | $78,269▲145% | $112,107▲250% | 990 |
| 2013 | $192,582▲24.1% | $222,669▲43.1% | $32,000▼48.5% | $32,000▼48.5% | 990EZ |
| 2012 | $155,241▼10.2% | $155,588▲3.9% | $62,087▼0.6% | $62,087▼0.6% | 990EZ |
| 2011 | $172,879▲15.5% | $149,781▲35.1% | $62,434▲58.7% | $62,434▲58.7% | 990EZ |
| 2010 | $149,691 | $110,857 | $39,336 | $39,336 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to The Gift Theatre Company totaling $245K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $20,700 |
| Ncrc Community Development Fund Inc | Illinois coronavirus fiscal recovery funds | 2023 | $20,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $10,000 |
| The Chicago Community Trust | To support organization's workplan | 2020 | $37,500 |
| The Chicago Community Trust | To support the smart growth program, and general operating support | 2019 | $56,000 |
| The Chicago Community Trust | Smart growth program | 2018 | $35,000 |
| Barnabas Foundation | General support | 2017 | $15,200 |
| The Chicago Community Trust | Production support for hamlet | 2017 | $5,500 |
| The Chicago Community Trust | See attached. | 2016 | $10,250 |
| California Community Foundation | Arts | 2016 | $10,000 |
| California Community Foundation | Arts | 2015 | $10,000 |
| California Community Foundation | Arts | 2014 | $15,000 |
Explore more
Data for The Gift Theatre Company (EIN 30-0040866) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.