Florida · Nonprofit
freeFall Theatre Inc
freeFall Theatre Inc (Florida) receives grants from 20 organizations whose IRS filings report $1,309,387 to it, the largest being COMMUNITY FOUNDATION OF TAMPA BAY INC ($607,800). 12 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $1.7M
- Funders on record
- 20
- Grants received
- $1.3M
- Net assets
- $-46991
What freeFall Theatre Inc does
Mission
The mission of freefall theatre is to pursue art's greater purposes and the transformative power of theatre - as a builder of community, a source of upliftment, and a builder of cultural legacy. We will present a varied range of classical and new works that are bold, daring, and diverse. Our work will strive to be accessible, and we will present it in ways that invite, entertain, and challenge our audience. We are committed to improving the lives of the citizens of tampa bay through our efforts to provide broad access to theatre that represents a high level of artistic achievement, and through educational programs that increase the community's understanding and enjoyment of live theatre.
As stated on its FY2018 Form 990.
Program
freeFall Theatre produced five mainstage productions with a total of 119 performances, plus 32 additional concerts, programs, and other audience enrichments experiences. All together, freeFall offered 151 opportunities to engage with our programming and served a total of 15,269 ticket buyers.
$1,145,592 spent$598,541 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,145,592.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $164k to $333k (+103%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 33% · 2022 42% · 2023 10% · 2024 6% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.
52% of freeFall Theatre Inc’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Craig Badinger
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 9 funders, grant income rose $98k → $161k.
10 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 87% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of freeFall Theatre Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
freeFall Theatre Inc leans on a few funders — its largest provides 46% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund freeFall Theatre Inc.
Largest funder’s share by year: 2017 51% · 2018 48% · 2019 91% · 2020 61% · 2021 50% · 2022 79% · 2023 58% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
57% of freeFall Theatre Inc's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of freeFall Theatre Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $171k that is directly attributable, 60% of it comes from funders outside Florida, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
freeFall Theatre Inc runs a healthier operating margin than half of the 3,230 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Organizations like freeFall Theatre Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for freeFall Theatre Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds freeFall Theatre Inc?
- freeFall Theatre Inc (Florida) receives grants from 20 organizations whose IRS filings report $1,309,387 to it, the largest being COMMUNITY FOUNDATION OF TAMPA BAY INC ($607,800). 12 of them have funded it in more than one year, and 87% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does freeFall Theatre Inc have?
- IRS filings report 20 organizations giving $1,309,387 in grants to freeFall Theatre Inc, 12 of which have funded it in more than one year.
- Who is the largest funder of freeFall Theatre Inc?
- COMMUNITY FOUNDATION OF TAMPA BAY INC is the largest funder on record, with $607,800 in grants. The full list of funders is on this page.
- How can an organization like freeFall Theatre Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds freeFall Theatre →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing