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First Folio Theatre

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364091752 ✦ Oak brook, IL ✦ Designated as a 501(c)(3)

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Overview

What is First Folio Theatre?

First Folio Theatre, based in Oak Brook, Illinois, is a nonprofit organization dedicated to the presentation of live classic theatre. With a team of 26 dedicated individuals, their mission is to contribute to the cultural enrichment of the community through these productions. Their activities primarily focus on bringing timeless plays to life, promoting an appreciation for the arts and fostering a sense of community engagement. Located at 1717 31st Street, this theatre serves as a cultural hub within its local area.


Official website here: www.firstfolio.org

Is First Folio Theatre legitimate?

First Folio Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Folio Theatre submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $37,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,593

For more financial information, click here


Official website here: www.firstfolio.org

What is the mission statement of First Folio Theatre?

The First Folio Theatre's mission revolves around presenting live classic plays for the purpose of enriching the community culturally. Through their productions, they aim to contribute to the cultural development of the community at large. The theatre is committed to delivering high-quality performances of timeless classics, thereby providing an engaging and enlightening experience for its audience. Additionally, the First Folio Theatre serves as a platform for cultural exchange and appreciation, fostering a sense of unity and shared experience within the community. By offering live classic theatre, the theatre contributes to the broader cultural landscape, providing an avenue for individuals to engage with the arts and history.


Official website here: www.firstfolio.org

Who is the CEO of First Folio Theatre?

David M Rice is the Executive Direc of First Folio Theatre.


Official website here: www.firstfolio.org

What is the revenue of First Folio Theatre?

First Folio Theatre's revenue in 2021 was $408,141.


Official website here: www.firstfolio.org

Who are the executives of First Folio Theatre and what are their salaries?

The average compensation at First Folio Theatre during 2021 was $5,611. There are 26 employees and 100 volunteers at First Folio Theatre.


Here are 9 key members and their salaries:


David M Rice (Executive Direc)
  • Compensation: $37,384
  • Related: $0
  • Other: $0
Elizabeth Krainc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Mckillip (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Krupp (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Becker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Disko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Noska (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Callahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstfolio.org

Where can I find the form 990 for First Folio Theatre?

First Folio Theatre's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.firstfolio.org

Learn more at the official website: www.firstfolio.org

Mission Statement of First Folio Theatre

First Folio Theatre, a renowned organization, is dedicated to the production of live classic theatre with the primary aim of enriching the community culturally. Their mission is to bring these timeless plays to life on stage, offering an engaging and educational experience for audiences of all ages. By presenting these classic works, First Folio Theatre seeks to foster a deeper appreciation for literature and the arts, ultimately contributing to the cultural growth of their community.

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Impact




October, 2024

First Folio Theatre plays a significant role in enriching the cultural landscape of Oak Brook, Illinois, through its dedicated productions of classic theatre. By focusing on live performances, the theatre not only preserves timeless works but also makes them accessible to the community, fostering an appreciation for the arts. This commitment to classic literature in a theatrical format encourages dialogue among audience members and stimulates a deeper understanding of historical contexts and human experiences portrayed in these works.

Additionally, First Folio Theatre serves as a vital platform for local artists, providing opportunities for performers, directors, and production staff to showcase their talents. This cultural hub nurtures the arts within the community, promoting engagement and creativity while also fostering a sense of community pride and identity. By offering high-quality theatrical experiences, First Folio Theatre contributes to the overall cultural richness and diversity of the region, making it an invaluable asset to Oak Brook.




This information is meant to be a general summary of First Folio Theatre. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$408,141 (2021)
Expenses
$255,556 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $47,941
  • Gross Receipts: $414,642

Assets and Liabilities:

  • Total Assets: $273,162
  • Total Liabilities: $217,070
  • Net Assets: $56,092

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES

Revenue

$47,941

Organization Details

Founding Year

1996

Principal Officer

David M Rice

Main Address

1717 31st Street, Oak Brook, IL, 60523

NTEE Category

Code: A65 - Arts

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