Upstream Theater EIN 75-3151973 Form 990 (PDF) Claim this org

Upstream Theater FY2024 filing

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Presents professional theater productions that engage and inspire audiences. For fiscal year 2024 it reported $146K in revenue, $151K in expenses, and $158K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Saint Louis, MO
Website
www.upstreamtheater.org
Filings
6 on file (2020–2024)
Revenue
$146KFY2024
Expenses
$151K
Net assets
$158K
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  75-3151973 Public charity (501(c)(3)) Saint Louis, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Presents professional theater productions that engage and inspire audiences.
Leadership
Philip Boehm - Ex Officio · Artistic Director · $11K
Money in and out
$146K revenue, $151K expenses
Bottom line
81% program efficiency
Where the money goes · FY2024
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$158K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs
Operating runway
10.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$146K
FY2024▼ -28%
Expenses
$151K
FY2024▲ +113%
Total assets
$163K
FY2024▼ -6%
Total liabilities
$5K
FY2024▼ -53%
Total revenue
$146K
Pt VIII · Ln 12
Total expenses
$151K
Pt IX · Ln 25
Net assets
$158K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$163K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $122K of program spending, described in the organization's own filed words · FY2024.
01

In 2024 we produced the US/English language premiere of Don't Wait for the Marlboro Man, by Luxembourg playwright Olivier Garofalo, as well as the professional premiere of a new translation by Gary Racz of the classic Spanish play Life Is a Dream, by Pedro Calderón de la Barca.

$122Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUpstream Theater
EINHdr · item D75-3151973
Principal addressHdr · item CSaint Louis, MO
WebsiteHdr · item Jwww.upstreamtheater.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A65)
Ruling yearIRS BMFJul 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Artistic Director
$10,700Pt VII · Sec A
Ex-Officio Managing Director
$9,600Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member & Board Secretary
$0Pt VII · Sec A

Lizi Watt’s $7K as Ex-Officio Managing Director is at the 6th percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Philip Boehm - Ex Officio$7,000$10,700$6,000$5,250
Lizi Watt$7,200$9,600
Philip Boehm$6,750$7,500
Peter Mayer - Ex Officio$1,000$6,500
Peter Mayer$6,000$4,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$118K · 80%
Program service revenue$21K · 14%
Other revenue$4K · 3%
Investment income$4K · 2%
Contributions & grants80%$118K
Program service revenue14%$21K
Other revenue3%$4K
Investment income2%$4K
— government grantsLn 1e$33K
Total revenueLn 12$146K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$122K
Management & general19%$29K
Total functional expensesLn 25$151K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$163K
Total liabilitiesLn 26$5K
Total net assetsLn 32$158K
Months of cash on handcomputed10.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $137K · Operating expenses/yr $151K
10.9 months
Where the money goes
Program services
Program services $122K · Total expenses $151K
81%
Management & General
Management & general $29K · Total expenses $151K
19%
Fundraising
Fundraising $0 · Total expenses $151K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $334 · Solicited contributions (2-yr avg) $102K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $146K
80%
Government reliance
Government grants $33K · Total revenue $146K
22%
Earned-income share
Program service revenue $21K · Total revenue $146K
14%
Investment reliance
Investment income $4K · Total revenue $146K
+2%
Program self-sufficiency
Program service revenue $21K · Total expenses $151K
14%
Growth & trend
Revenue growth (YoY)
This year $146K · Prior year $203K
-28%
Revenue CAGR
FY2020 $50K · FY2024 $146K
+31%
Net-asset trend (YoY)
End of year $158K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $146K · Expenses $151K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $163K
Net-asset ratio
Net assets $158K · Total assets $163K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $163K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Philip Boehm - Ex Officio · Reported title Artistic Director · Highest reported compensation $11K · Total expenses $151K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $71K · Total expenses $151K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0%
Revenue growth -28%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$96K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$246K revenue · ⤓ 990 PDF
FY2024$146K revenue · viewing · ⤓ 990 PDF
FY2023$203K revenue · ⤓ 990 PDF
FY2022$110K revenue · ⤓ 990 PDF
FY2021$76K revenue · ⤓ 990 PDF
FY2020$50K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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