Nimbus Theatre
- Assets
- $176.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/2006
- Data as of
- 06/2022
- EIN
- 72-1600544
Organization Overview
Nimbus Theatre is located in Minneapolis, MN. The organization was established in 2006. 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. Nimbus 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 06/2022, Nimbus Theatre generated $132.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $161.9k during the year ending 06/2022. While expenses have increased by 6.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
NIMBUS THEATRE IS A PLAYWRIGHT-LED DEVISED THEATER GROUP, BASED IN NORTHEAST MINNEAPOLIS. FOUNDED IN 2001, OUR WORK IS CREATED COLLABORATIVELY USING METHODS WE HAVE BEEN DEVELOPING SINCE OUR INCEPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Berg Director | 1 | $0 | |
Jill Hoeft Treasurer | 1 | $0 | |
G W Gant Luxton Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,692 |
| Total Program Service Revenue | $29,739 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,672 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,500 |
| Occupancy, rent, utilities, and maintenance | $109,515 |
| Printing, publications, postage, and shipping | $451 |
| Other expenses | $45,456 |
| Total expenses | $161,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,578 |
| Other assets | $0 |
| Total assets | $176,300 |
| Total liabilities | $198,367 |
| Net assets or fund balances | -$22,067 |