Three Brothers Theatre is located in Waukegan, IL. The organization was established in 2014. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Brothers Theatre is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Three Brothers Theatre generated $123.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $140.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PRODUCED SEVERAL PLAYS AND MUSICALS, HOSTED PERFORMANCES BY LOCAL DANCE COMPANIES AND ARTISTS AS WELL AS MAINTAINED SEVERAL DRAMA CLUBS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Ferry Chair | 5 | $0 | |
Claudia Freeman Vice Chair | 2 | $0 | |
Tracy Adams Secretary | 2 | $0 | |
Alicia Giles Member | 2 | $0 | |
Dc Cathro Member | 2 | $0 | |
Lamaiya Lancaster Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,359 |
| Total Program Service Revenue | $69,124 |
| Membership dues | $0 |
| Investment income | $268 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,072 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,349 |
| Professional fees and other payments to independent contractors | $48,308 |
| Occupancy, rent, utilities, and maintenance | $5,480 |
| Printing, publications, postage, and shipping | $1,137 |
| Other expenses | $30,930 |
| Total expenses | $140,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,812 |
| Other assets | $0 |
| Total assets | $31,532 |
| Total liabilities | $533 |
| Net assets or fund balances | $30,999 |