Tight Five Productions NFP

Overview

Tight Five Productions NFP is a nonprofit organization based in Chicago, Illinois, dedicated to promoting stand-up comedy and enhancing the overall quality of live performances in this field. The organization operates under the EIN 86-1097196 and is categorized under Arts, Culture, and Humanities, specifically in the theater category.

Mission Statement

The mission of Tight Five Productions NFP is to expand the reach of stand-up comedy by providing opportunities to affiliated performers to reach a wider audience in Chicago. They achieve this by offering training courses and producing shows featuring local talent, which contribute significantly to the growth of the stand-up comedy scene in the city[1][3].

Programs and Impact

• Training and Coaching: Tight Five Productions NFP offers training courses to support the development of local stand-up comedians. Approximately 50 students annually benefit from these programs, which are crucial in enhancing the caliber of live stand-up comedy in Chicago[1][5].
• Showcases and Productions: The nonprofit organizes and produces comedy and variety shows, notably "The Lincoln Lodge," which has been running since 2000. These events not only promote local talent but also help in networking with national talent agencies, supporting comedians throughout their careers[4].

Financial Overview

In the fiscal year ending December 2021, Tight Five Productions NFP reported a total revenue of $503,467, entirely from contributions. The organization has no liabilities and reported total assets of $242,700[1][2].

Governance

The organization is led by a board of directors, including key members like John Leadley, Kate Mitchell, Christine Ferrera, Mark Geary, Kelsie Huff, and Jim Lapalermo. Notably, Mark Geary serves as a board member, while compensation for some members is listed, with no executive compensation reported for others[1][2].

Legal Status

Tight Five Productions NFP is a registered 501(c)(3) organization, making donations to the nonprofit tax deductible. The organization files annual Form 990 reports, which are publicly accessible and demonstrate its operational transparency and compliance with regulatory requirements[1][2].