Arkansas · Nonprofit
THEATRE SQUARED INC
THEATRE SQUARED INC (Arkansas) receives grants from 38 organizations whose IRS filings report $17,751,621 to it, the largest being Walton Family Foundation Inc ($11,781,375). 24 of them have funded it in more than one year.
- Revenue FY2025
- $6.0M
- Funders on record
- 38
- Grants received
- $18M
- Net assets
- $27M
What Theatre Squared Inc does
Mission
Theatresquared is a cultural commons, a gathering place for all segments of our community to share intimate, exceptional arts experiences that activate our sense of a shared humanity. The company creates remarkable professional theatre; expands arts access among audiences and in schools; serves as a national center for the creation of new plays; and draws from diverse arts-culinary, film, music, visual, and more-to create a welcoming and vibrant shared community space.
As stated on its FY2025 Form 990.
Program
During the 2024-25 season, theatresquared welcomed more than 70,000 community members to more than 350 performances and events at the theatre, in the commons, and in schools throughout three states including 17,000 students and their teachers.
$6,112,503 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,112,503.
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 2018 to 2019, from $20M to $39M (+94%).
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 34% · 2018 16% · 2019 72% · 2021 26% · 2022 53% · 2023 6% · 2024 2% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
69% of THEATRE SQUARED INC’s revenue is contributions — more donation-reliant than 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 8 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.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 21 funders, grant income rose $160k → $5.2M.
12 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% 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 THEATRE SQUARED INC’s funders (the co-funder graph). Top 30 of 38 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
THEATRE SQUARED INC leans on a few funders — its largest provides 66% of grant income and the top three 78%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 65% · 2018 51% · 2019 55% · 2020 62% · 2021 80% · 2022 69% · 2023 76% — 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
53% of THEATRE SQUARED INC's funders are still giving 3 years after their first grant; 63% 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
95% of THEATRE SQUARED INC's grant income comes from Arkansas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 12 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
THEATRE SQUARED INC's funding base is broadening — from 5 funders to 21 as grant income climbed.
this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025
Government funding THEATRE SQUARED INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $525k on record.
- National Endowment for the Arts$525k
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 THEATRE SQUARED 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 Arkansas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Public support
61%
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 THEATRE SQUARED 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 THEATRE SQUARED INC?
- THEATRE SQUARED INC (Arkansas) receives grants from 38 organizations whose IRS filings report $17,751,621 to it, the largest being Walton Family Foundation Inc ($11,781,375). 24 of them have funded it in more than one year.
- How many funders does THEATRE SQUARED INC have?
- IRS filings report 38 organizations giving $17,751,621 in grants to THEATRE SQUARED INC, 24 of which have funded it in more than one year.
- Who is the largest funder of THEATRE SQUARED INC?
- Walton Family Foundation Inc is the largest funder on record, with $11,781,375 in grants. The full list of funders is on this page.
- How can an organization like THEATRE SQUARED INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Arkansas. 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 Theatre Squared →
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 38 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