FIRST FOLIO THEATRE Charity Report

Tax-exempt status may be revoked

FIRST FOLIO THEATRE

EIN 36-4091752 · Theater (A65)

What they do

Productions of Live Classic Theatre for Cultural Enrichment of The Community.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

36.78%of revenue went to mission work58.7% of expenses · Program services

3.43%of revenue went to fundraising5.5% of expenses

$62.61spent for every $100 of revenueRevenue covered expenses this year.

22.41%of revenue went to management and office costs35.8% of expenses

$1.07in assets for every $1 spent this yearSome assets cannot be spent right away.

85.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $37,384 for DAVID M RICE (EXECUTIVE DIREC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$408,141

Mission workProgram services$150,10636.78% of revenue58.7% of expenses

ManagementOffice and general costs$91,45922.41% of revenue35.8% of expenses

FundraisingAsking for donations$13,9913.43% of revenue5.5% of expenses

Revenue left after expensesReported annual surplus$152,58537.39% of revenueShown in gray on the chart

Total expenses$255,55662.61% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 58.7% mission · 35.8% management · 5.5% fundraisingTotal expenses: 62.61% of revenue

2019Expense mix: 73.0% mission · 22.9% management · 4.1% fundraisingTotal expenses: 109.22% of revenue

2018Expense mix: 74.0% mission · 21.4% management · 4.5% fundraisingTotal expenses: 98.88% of revenue

2017Expense mix: 79.2% mission · 17.6% management · 3.2% fundraisingTotal expenses: 121.96% of revenue

2015Expense mix: 78.4% mission · 18.3% management · 3.3% fundraisingTotal expenses: 104.42% of revenue

Money in and money out

Revenue$408,141

Expenses$255,556

Annual surplus $152,585 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$150,106 · 58.7% of expenses

Management and office costs$91,459 · 35.8% of expenses

Fundraising$13,991 · 5.5% of expenses

See all reported dollar amounts

Revenue$408,141

Expenses$255,556

Assets$273,162

Income$414,642

Contributions$346,843

Mission work (program services)$150,106

Fundraising$13,991

Management and general$91,459

Executive compensation (total)$35,333

Accounting fees$3,502

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID M RICEEXECUTIVE DIREC · 40 hrs/week $37,384

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

DAVID M RICEEXECUTIVE DIREC

ALAN BECKERDIRECTOR

BARBARA DISKOTRUSTEE

BRIAN MCKILLIPTRUSTEE

ELIZABETH KRAINCTRUSTEE

ELLEN CALLAHANTRUSTEE

LAWRENCE KRUPPBOARD CHAIRMAN

PATRICIA NOSKABOARD SECRETARY

SUSAN BECKERTRUSTEE

About this charity

Recognized since: February 1997
Location: 1717 31st Street, Oak Brook, IL 60523
County: DuPage
In care of: DAVID M RICE
Primary officer: DAVID M RICE, Executive Direc

How to reach them

WebsiteVisit the charity’s website Emailfirstfolio@firstfolio.org Phone(630) 986-8067

Filing and classification

Latest tax year: 2020
Tax period began: September 1, 2020
Return type: 990
Tax preparer: WIELAND & COMPANY INC
NTEE classification: Theater (A65)
IRS tax category: Theater
Revocation date: January 15, 2025

FIRST FOLIO THEATRE

FIRST FOLIO THEATRE

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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