Minnesota · Nonprofit
PARK SQUARE THEATRE
PARK SQUARE THEATRE (Minnesota) receives grants from 52 organizations whose IRS filings report $3,892,648 to it, the largest being SAINT PAUL & MINNESOTA FOUNDATION ($724,846). 40 of them have funded it in more than one year.
- Revenue FY2025
- $1.8M
- Funders on record
- 52
- Grants received
- $3.9M
- Net assets
- $-285930
What Park Square Theatre does
Mission
To enrich the community by producing and presenting exceptional live theatre that touches the heart, engages the mind and delights the spirit.
As stated on its FY2025 Form 990.
Programs
General audience programming:Park Square Theatre has a 50-year legacy of producing high-quality intellectually engaging and artistically rich productions that inspire audiences and artists alike. The theatre elevates diverse voices through regional and world premieres alongside beloved american classics. With strategic efforts to attract younger, more diverse audiences through inclusive storytelling and representation, park square fosters a dynamic cultural exchange that reflects the community it serves.park square has earned numerous accolades, including mpls/st. Paul magazine's "best mid-sized theatre," ivey awards, lavender magazine theatre awards, and critical acclaim for its productions. Most recently, holmes/poirot was celebrated by the star tribune as one of the top plays to see for the fall of 2024.2025-26 season: 50 years - a season of celebration-it's only a play (sept. 2025) by terence mcnally, directed by stephen dimenna-goosebumps: phantom of the auditorium, directed by ellen fenster-gharib-a chorus line by nicholas dante, edward kleban and marvin hamlisch, directed by stephen dimenna-the butler did it by jeffrey hatcher, directed by david ira goldstein2024-25…
$783,667 spent$429,763 earned by the program80% of program spendingStudent programming:beginning in 1987 as a small school residency program, steppingstone theatre (sst) inspires young people of all ages to explore stories, ideas, and cultures through summer camps, school-year classes, community programs, and shows starring young actors. Sst's history of producing award-winning theatre for young audiences is rooted in finding and featuring diverse voices. Since merging with Park Square Theatre in 2020, the combined program - now park square education - has built on steppingstone's stellar reputation by expanding programming and audiences, enhancing our ability to serve an even more diverse population of schools and community organizations.park square typically serves an audience of approximately 25,000 teens annually from across the region. In 2024, we resumed student matinees and returned to offering in-person classes, with a total of 562 unique students registered in educational class offerings. This marked a significant period of expanded outreach, as 273 of these students were new registrants engaging with our education classes for the first time. The year also reflected a shift toward younger participants. Based on registration estimates,…
$200,968 spent$202,282 earned by the program20% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $984,635.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $4.2M to $2.3M (−44%).
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: 2017 4% · 2018 7% · 2019 8% · 2020 15% · 2021 42% · 2022 39% · 2023 19% · 2024 0% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 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.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 25 funders, grant income rose $351k → $562k.
9 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% 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 PARK SQUARE THEATRE’s funders (the co-funder graph). Top 30 of 52 funders by total. 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
PARK SQUARE THEATRE has a broad base — no single funder exceeds 19% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
44% 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 PARK SQUARE THEATRE.
Largest funder’s share by year: 2017 58% · 2018 17% · 2019 24% · 2020 21% · 2021 11% · 2022 19% · 2023 14% — diversifying over time.
“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
53% of PARK SQUARE THEATRE's funders are still giving 3 years after their first grant; 77% 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
86% of PARK SQUARE THEATRE's grant income comes from Minnesota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 8 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.
Government funding PARK SQUARE THEATRE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $30k on record.
- National Endowment for the Arts$30k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PARK SQUARE THEATRE
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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
57% of spending goes to programs.
Governance
Public support
87%
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 PARK SQUARE THEATRE: 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 PARK SQUARE THEATRE?
- PARK SQUARE THEATRE (Minnesota) receives grants from 52 organizations whose IRS filings report $3,892,648 to it, the largest being SAINT PAUL & MINNESOTA FOUNDATION ($724,846). 40 of them have funded it in more than one year.
- How many funders does PARK SQUARE THEATRE have?
- IRS filings report 52 organizations giving $3,892,648 in grants to PARK SQUARE THEATRE, 40 of which have funded it in more than one year.
- Who is the largest funder of PARK SQUARE THEATRE?
- SAINT PAUL & MINNESOTA FOUNDATION is the largest funder on record, with $724,846 in grants. The full list of funders is on this page.
- How can an organization like PARK SQUARE THEATRE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Park Square 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 52 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 22, 2026. What this page cannot tell you · view filing