EIN 51-0149370

Steppenwolf Theatre Company

IRS 501(c) type
501(c)(3)
Num. employees
252
Year formed
1975
Most recent tax filings
2022-08-01
NTEE code, primary
Description
Steppenwolf Theatre Company strives to create thrilling, courageous, and provocative art in a thoughtful and inclusive environment that provides theatrical learning opportunities for audiences, sparking curiosity, empathy, and joy. Despite the ongoing challenges of the covid-19 pandemic, Steppenwolf remains connected with its audience through innovative initiatives. The theater is located in Chicago, IL.
Total revenues
$28,518,890
2022
Total expenses
$18,320,611
2022
Total assets
$121,993,585
2022
Num. employees
252
2022

Program areas at Steppenwolf Theatre Company

In support of our core artistic mission, we seek to 1) highlight our world-class ensemble through thought provoking, year-round performances, 2) create and develop innovative new works for the stage, and 3) celebrate the learner, maker, and appreciator in each of us through our education and community engagement programming.steppenwolf's programming shifted during the two years of forced closure due to the covid-19 pandemic. In november 2021, as part of our return to the stage, Steppenwolf unveiled the 50,000 square foot liz and eric lefkofsky arts and education center. This newly expanded campus and arts and education center features the ensemble theater, a 400-seat round theater; the loft, a dedicated floor of classrooms and galleries for teen-centered learning; a wine bar; and a sidewalk lounge. It has been intentionally designed to increase the social gathering spaces where artists, teens, and audiences can find community and engage in learning and conversation. Built with the highest accessibility standards, the expanded campus invites new relationships with its patrons, neighborhood, and city. Steppenwolf's return to live performance in the 2021/22 season was met with covid tidal waves, historic inflation, and the aftermath of the great resignation, which contributed to increased operating costs and decreased revenue sources. Operating expenses of $18,938,000 in 2021/22 were 71% higher than 2020/21. However, earned revenue sources only covered 22% of 2021/22 operating expenses. Revenue from federal and state government funding sources, including ppp loans and the shuttered venue operators' grant sustained the organization in 2021/22, helping cover the loss of earned income. Continued donor outreach and engagement, including an in-person fundraising gala in may 2022, led to steady contributed income levels for 2021/22. To support future operations, Steppenwolf is re-examining our operations to expand our audience and donor base, streamline our programmatic operations, and establishing a strong case for support to close our capital campaign and defease our construction debt.

Who funds Steppenwolf Theatre Company

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Zell Family FoundationGeneral Support$730,000
Zell Family FoundationGeneral Support$500,000
Shubert FoundationGeneral Operating$285,000
...and 60 more grants received totalling $4,248,516

Personnel at Steppenwolf Theatre Company

NameTitleCompensation
Brooke FlanaganExecutive Director$123,577
David SchmitzExecutive Director / Managing Director$315,713
Cory JeanesDirector of Operations
Maria NondorfFinance Director
Erika NelsonSenior Marketing Director
...and 40 more key personnel

Financials for Steppenwolf Theatre Company

RevenuesFYE 08/2022
Total grants, contributions, etc.$23,639,145
Program services$3,587,055
Investment income and dividends$688,603
Tax-exempt bond proceeds$0
Royalty revenue$74,750
Net rental income$70,234
Net gain from sale of non-inventory assets$332,296
Net income from fundraising events$-193,619
Net income from gaming activities$0
Net income from sales of inventory$233,288
Miscellaneous revenues$87,138
Total revenues$28,518,890

Form 990s for Steppenwolf Theatre Company

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-05990View PDF
2020-082021-07-15990View PDF
2019-082021-01-28990View PDF
2018-082019-10-12990View PDF
2017-082018-10-16990View PDF
...and 8 more Form 990s

Organizations like Steppenwolf Theatre Company

OrganizationLocationRevenue
Seattle Repertory TheatreSeattle, WA$18,283,930
Maltz Jupiter TheatreJupiter, FL$14,062,267
Portland Center Stage (PCS)Portland, OR$9,649,220
Olney Theatre CorporationOlney, MD$9,983,104
Children's Theatre of CincinnatiCincinnati, OH$8,914,508
Goodman TheatreChicago, IL$13,268,580
Arizona Theatre Company (ATC)Tucson, AZ$10,001,507
La Jolla PlayhouseLa Jolla, CA$15,790,250
Hartford Stage CompanyHartford, CT$12,254,112
Alley TheatreHouston, TX$23,693,562
Data update history
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Used new vendors
Identified 2 new vendors, including , and
May 6, 2023
Received grants
Identified 2 new grant, including a grant for $150,000 from The Orlebeke Foundation
August 3, 2022
Received grants
Identified 12 new grant, including a grant for $210,000 from Sacks Family Foundation
April 13, 2022
Updated personnel
Identified 7 new personnel
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsTheatersHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
1700 N Halsted St
Chicago, IL 60614
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
steppenwolf.org/ 
Phone
(312) 654-5642
Facebook page
SteppenwolfTheatre 
Twitter profile
@steppenwolfthtr 
IRS details
EIN
51-0149370
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A65: Theater
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Central organization
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