LOOKINGGLASS THEATRE COMPANY Charity Report

Public IRS 990 nonprofit record

LOOKINGGLASS THEATRE COMPANY

EIN 36-3653114 · Arts, Culture & Humanities (A650)

What they do

LOOKINGGLASS THEATRE COMPANY is A NATIONAL LEADER IN THE CREATION and PRESENTATION of INNOVATIVE, CUTTING-EDGE THEATRICAL WORK. LOOKINGGLASS INTERWEAVES MOVEMENT, CIRCUS ARTS and NARRATIVE IN ORIGINAL and CAPTIVATING WAYS. GUIDED BY AN ARTISTIC (SEE SCH O) VISION CENTERED ON THE CORE VALUES of COLLABORATION, TRANSFORMATION, and INNOVATION, LOOKINGGLASS SEEKS to REDEFINE THE THEATRICAL EXPERIENCE and MAKE THEATRE ART THAT is EXHILARATING, INSPIRATIONAL, and ACCESSIBLE to ALL. LOOKINGGLASS SHARES ITS THEATRICAL DEVELOPMENT TECHNIQUES WITH CHICAGOS DIVERSE COMMUNITY THROUGH THE EXTENSIVE OUTREACH of ITS EDUCATION and COMMUNITY PROGRAMMING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $50.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders31 people are listed in the latest report.

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

Money made simple

70.30%of revenue went to mission work50.1% of expenses · Program services

2.74%of revenue went to fundraising2.0% of expenses

$140.28spent for every $100 of revenueSpending was higher than revenue this year.

67.24%of revenue went to management and office costs47.9% of expenses

$1.26in assets for every $1 spent this yearSome assets cannot be spent right away.

60.9%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.

Worth asking: Expenses exceeded revenue by $1,368,544 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $97,647 for KASEY FOSTER (ARTISTIC DIRECTOR & ENSEMBLE MEMBER, LOOKINGGLASS). 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 2024

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$3,397,699

Mission workProgram services$2,388,46470.30% of revenue50.1% of expenses

ManagementOffice and general costs$2,284,57967.24% of revenue47.9% of expenses

FundraisingAsking for donations$93,2002.74% of revenue2.0% of expenses

Total expenses$4,766,243140.28% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2024CurrentExpense mix: 50.1% mission · 47.9% management · 2.0% fundraisingTotal expenses: 140.28% of revenue

2023Expense mix: 38.6% mission · 54.0% management · 7.4% fundraisingTotal expenses: 45.19% of revenue

2022Expense mix: 84.4% mission · 8.5% management · 7.1% fundraisingTotal expenses: 80.72% of revenue

2021Expense mix: 83.2% mission · 9.8% management · 7.0% fundraisingTotal expenses: 110.50% of revenue

2020Expense mix: 73.9% mission · 15.2% management · 10.9% fundraisingTotal expenses: 64.59% of revenue

2019Expense mix: 80.4% mission · 9.1% management · 10.5% fundraisingTotal expenses: 110.29% of revenue

2018Expense mix: 82.9% mission · 7.9% management · 9.2% fundraisingTotal expenses: 98.17% of revenue

2017Expense mix: 83.0% mission · 7.5% management · 9.6% fundraisingTotal expenses: 105.55% of revenue

Money in and money out

Revenue$3,397,699

Expenses$4,766,243

Annual shortfall $1,368,544 Expenses were higher than revenue 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)$2,388,464 · 50.1% of expenses

Management and office costs$2,284,579 · 47.9% of expenses

Fundraising$93,200 · 2.0% of expenses

See all reported dollar amounts

Revenue$3,397,699

Expenses$4,766,243

Assets$5,984,593

Income$3,488,616

Contributions$2,068,816

Mission work (program services)$2,388,464

Fundraising$93,200

Management and general$2,284,579

Executive compensation (total)$398,106

Accounting fees$164,740

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

KASEY FOSTERARTISTIC DIRECTOR & ENSEMBLE MEMBER, LOOKINGGLASS · 40 hrs/week $97,647Base $90,000 · Other $7,647

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 (31)

KASEY FOSTERARTISTIC DIRECTOR & ENSEMBLE MEMBER, LOOKINGGLASS

YASMEEN SOINDIRECTOR

ABBIE ROTHDIRECTOR

TURIYA LUZADDERDIRECTOR

STEVE WEISSVICE PRESIDENT

STEVE ARMSTRONGDIRECTOR

RICHARD CHAPMANCHAIR

NAHEED ALIDIRECTOR & DEVELOPMENT CHAIR

MOLLY BERANTREASURER & CHAIR OF FINANCE COMMITTEE

MICHAEL HARRINGTONDIRECTOR

MICHAEL BELSLEYDIRECTOR

MARCI MASURDIRECTOR

LUIS GUTIERREZDIRECTOR

LINDSAY KNIGHTDIRECTOR

LINDSAY HEARNDIRECTOR

LESTER CONEYDIRECTOR

LEE GOLUBCO-CHAIR, FACILITIES COMMITTEE

JIMMY OHDIRECTOR

JILL REZNICK MEIERSECRETARY

DIANE WHATTONCHAIRPERSON EMERITUS

DEANN BAYLESSDIRECTOR

DAVID SCHWIMMERDIRECTOR

DAVID CATLINDIRECTOR & ENSEMBLE MEMBER

CHARLES FRANKELDIRECTOR

CHANON DICARLODIRECTOR

CATIE WALSH HEADTKEDIRECTOR

CAROLYN RAVICHANDRANDIRECTOR

BRENDA LANGSTRAAT BUIDIRECTOR & GOVERNANCE CHAIR

BOB PALFFYCO-CHAIR, FACILITIES COMMITTEE

ANTHONY FLEMING IIIDIRECTOR & ENSEMBLE MEMBER

ALEXANDRA BRADBURYDIRECTOR

About this charity

Recognized since: January 1994
Location: 3320 W FOSTER SUITE 102, CHICAGO, IL 60625-4813
County: Cook
In care of: % MICHELE ANDERSON
Primary officer: MOLLY BERAN, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(773) 576-1662

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Arts, Culture & Humanities (A650)
IRS tax category: Theater Companies and Dinner Theaters