ILLINOIS THEATRE ASSOCIATION
Mission Statement
THE MISSION OF THE ILLINOIS THEATRE ASSOCIATION Advocate the Art of Theatre in the State of Illinois by establishing an Illinois membership similar in purpose to and affiliated with national theatre organizations. encouraging a closer understanding and communication between community, educational and professional theatre. informing the general public of the diverse nature and extent of Illinois theatre (advocacy for the art of theatre throughout the state). cooperating with appropriate state and federal agencies and with regional and national theatre organizations in promoting increased recognition and program development for Illinois theatre at all levels. promoting and perpetuating the highest caliber of theatre production, teaching and research at all levels of theatre within the state of Illinois. affirming the important value of theatre in the lives of individuals.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.0% | 81.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.0% | 13.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.7 mo | 9.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.6% | 1.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.4% | 77.8% |
P10P90
|
Above median |
|
Surplus margin
Surplus as a share of revenue
|
9.8% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $374K | $337K | $187K | 81.0% | 0 |
| 2023 | $250K | $198K | $100K | 81.0% | 0 |
| 2022 | $110K | $133K | $49K | 56.1% | 0 |
| 2021 | $80K | $87K | N/A | — | 2 |
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