Charity Search / REFRACTED THEATRE COMPANY
Arts, Culture & Humanities (A65) 990 on File

REFRACTED THEATRE COMPANY

EIN: 84-3090225 · CHICAGO, IL 60622-1027 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 45/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$144K
Total Revenue
$115K
Total Expenses
$63K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.4%
Fundraising Efficiency 9210.0%
Operating Reserve 6.54x
Liability-to-Asset 4.6%
Revenue Diversification 99.5%
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
83.4% 81.9%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
9210.0% 27.4%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
6.5 mo 9.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
4.6% 1.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
99.5% 77.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
8.4% 6.7%
P10P90
Expense growth
Year over year expense growth
0.8% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
20.1% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $144K $115K $63K 83.4%
2024 $133K $114K $34K 75.9%
2023 $87K $109K $15K 85.2%
2022 $4K $4K $37K 64.0%
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Organization Details
EIN
84-3090225
State
IL
City
CHICAGO
ZIP
60622-1027
Classification
A65
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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