Pennsylvania · Nonprofit
WALNUT STREET THEATRE CORPORATION
WALNUT STREET THEATRE CORPORATION (Pennsylvania) receives grants from 79 organizations whose IRS filings report $3,050,292 to it, the largest being LOUIS AND BESSIE STEIN FOUNDATION FUND #2 ($662,500). 43 of them have funded it in more than one year.
- Revenue FY2025
- $19M
- Funders on record
- 79
- Grants received
- $3.1M
- Net assets
- $27M
What Walnut Street Theatre Corporation does
Mission
The mission of walnut street theatre company is to sustain the tradition of professional theatre and contribute to its future viability and vitality.it does so through:- the production and presentation of professional theatre;- the encouragement, training and development of artists;- the cultivation of diverse audiences and the preservation and chronicling of its theatre building, a national historic landmark
As stated on its FY2025 Form 990.
Programs
Mainstage productions:during the 2024-25 season, walnut street theatre mainstage productions welcomed 167,067 attendees, including 21,925 subscribers. The company provided employment to over 440 workers. The season included jersey boys, elf the musical, driving miss daisy, noel coward's hay fever, and dreamgirls. The season also included a holiday concert featuring hugh panaro.
$11,388,592 spent$11,310,395 earned by the program94% of program spendingTheatre school:during the 2024-2025 season, our theatre school worked with 68 teaching artists and 1,238 students. Camp walnut produced six divisions for 128 students with 11 teaching artists. Camp held 12 live performances for friends and family. Touring outreach served 41 districts, 124 schools, 239 performances and 59,391 students. The adopt-a-school program served five philadelphia schools this past year. Through this initiative, five of our wst teaching artists taught 2,247 students. Our residency program had 17 wst teaching artists serving 25 schools and reaching 1,238 total students. Walnut street theatre kids series had 38 students from walnut street theatre school, and eight artistic staff mounted fully staged adaptations of a christmas carol and aladdan jr. These two kids series shows, along with student groups attending our mainstage production of a christmas story, welcomed 37,567 students over the course of the academic year to our mainstage. Disney musicals in schools had four wst teaching artists and the wst educational staff served two schools, and 71 students were able to participate in the disney musical in schools program. 83 scholarships were awarded to…
$767,904 spent$467,091 earned by the program6% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,156,496.
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 $24M to $33M (+33%).
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 1% · 2018 1% · 2019 0% · 2020 5% · 2021 82% · 2022 36% · 2023 1% · 2024 1% · 2025 16%. Grants only. Government contracts and fees sit inside program revenue.
30% of WALNUT STREET THEATRE CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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.
Board chair
Francis Mirabello
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 16 funders to 29 funders, grant income rose $99k → $328k.
7 of 79 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% 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 WALNUT STREET THEATRE CORPORATION’s funders (the co-funder graph). Top 30 of 79 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
WALNUT STREET THEATRE CORPORATION has a broad base — no single funder exceeds 22% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
Largest funder’s share by year: 2017 33% · 2018 41% · 2019 52% · 2020 26% · 2021 31% · 2022 25% · 2023 15% — 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
33% of WALNUT STREET THEATRE CORPORATION's funders are still giving 3 years after their first grant; 54% 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
WALNUT STREET THEATRE CORPORATION draws 53% of its grant income from funders outside Pennsylvania, across 14 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $567k arriving through sponsors registered in 6 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
WALNUT STREET THEATRE CORPORATION holds deeper cash reserves than three-quarters of the 550 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025
Government funding WALNUT STREET THEATRE CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $38k on record — $38k federal, $450 state.
- National Endowment for the Arts$38k
- NJ$400
- DE$50
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 WALNUT STREET THEATRE CORPORATION
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 Pennsylvania
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
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Screen this organization
A dated, signed PDF of the compliance screen for WALNUT STREET THEATRE CORPORATION: 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 WALNUT STREET THEATRE CORPORATION?
- WALNUT STREET THEATRE CORPORATION (Pennsylvania) receives grants from 79 organizations whose IRS filings report $3,050,292 to it, the largest being LOUIS AND BESSIE STEIN FOUNDATION FUND #2 ($662,500). 43 of them have funded it in more than one year.
- How many funders does WALNUT STREET THEATRE CORPORATION have?
- IRS filings report 79 organizations giving $3,050,292 in grants to WALNUT STREET THEATRE CORPORATION, 43 of which have funded it in more than one year.
- Who is the largest funder of WALNUT STREET THEATRE CORPORATION?
- LOUIS AND BESSIE STEIN FOUNDATION FUND #2 is the largest funder on record, with $662,500 in grants. The full list of funders is on this page.
- How can an organization like WALNUT STREET THEATRE CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Walnut Street 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 79 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