Charity Search / MUDLARK THEATER COMPANY
Arts, Culture & Humanities (A65) IRS Verified DX Registered 990 on File

MUDLARK THEATER COMPANY

EIN: 36-4573236 · EVANSTON, IL 60201-4636 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 61/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

Mudlark Theater Company is dedicated to providing professional-level theatrical training to children 5 to 18 years or age, and to collaborate with youth to produce great theater. Mudlark's mission has always been to foster an atmosphere where young people's ideas and talents are taken seriously-whether on or off the stage.

Financial Overview — FY 2025
$857K
Total Revenue
$884K
Total Expenses
$-209,965
Net Assets
57
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 67.0%
Fundraising Efficiency N/A
Operating Reserve -2.85x
Liability-to-Asset 170.6%
Revenue Diversification 53.3%
Executive Compensation $126K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
67.0% 81.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
17.4% 13.7%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
15.6% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-2.9 mo 9.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
170.6% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
53.3% 77.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
50.7% 6.7%
P10P90
Expense growth
Year over year expense growth
-2.8% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
-3.1% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $857K $884K $-209,965 67.0% 57
2024 $569K $909K $-183,492 71.1% 69
2023 $557K $711K $157K 76.0% 61
2022 $744K $783K $310K 77.2% 79
2021 $811K $476K $348K 75.8% 0
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Organization Details
EIN
36-4573236
State
IL
City
EVANSTON
ZIP
60201-4636
Classification
A65
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2005
Foundation Code
15
Form 990
On File
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