Nonprofit · EIN 88-3979649
THE FRICTION THEATRE
Tax-exempt · MIDLAND, MI 48642
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $62,755 | $68,443 | -$5,688 | $36,375 | – | $36,375 |
| December 31, 2024 | 990-EZ | $107,047 | $70,063 | $36,984 | $44,243 | – | $44,243 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,550
- Program service revenue
- $46,205
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $26,768
- Occupancy
- $3,828
- Other expenses
- $37,847
- Program services (functional)
- $33,877
Balance sheet and other
- Total assets, start of year
- $42,063
- Total assets, end of year
- $36,375
- Total liabilities, end of year
- –
- Net assets, end of year
- $36,375
- Cash, savings and investments
- $7,606
- Gross receipts
- $62,755
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER KRAUSE | PRESIDENT | 10 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER KRAUSE | PRESIDENT | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2801 PARSONS CT, MIDLAND, MI 48642-6917
- Mailing address (990-N for 2023)
- 3916 Todd St, Midland MI 48642
- Principal officer (990-N for 2023)
- Chris J Krause, 3916 Todd St, Midland MI 48642
- Signed the 990-EZ
- CHRISTOPHER J KRAUSE, BOARD CHAIRMAN
- Phone
- (989) 430-0433
- Website
- www.Thefrictiontheatre.org
- Return prepared by
- SMITH & CO CPAS PLC
Mission
NON PROFIT ARTS ORGANIZATION
Program accomplishments
- PRODUCTION OF 2 THEATRICAL PLAYS IN 2025Expenses $33,877 · grants $10,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 88-3979649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60)
- Assets (IRS master file)
- $36,375
- Income (IRS master file)
- $62,755
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $62,755 | $68,443 | $36,375 | XML |
| 990-EZ | December 2024 | $107,047 | $70,063 | $44,243 | XML |
| 990-N for 2023 Officer: Chris J Krause | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Chris J Krause | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-3979649).
Questions about THE FRICTION THEATRE
- What is the EIN of THE FRICTION THEATRE?
- The employer identification number (EIN) of THE FRICTION THEATRE is 88-3979649.
- Is THE FRICTION THEATRE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to THE FRICTION THEATRE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FRICTION THEATRE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE FRICTION THEATRE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FRICTION THEATRE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of THE FRICTION THEATRE?
- The 990-N for 2023 names Chris J Krause.
- Who are the officers and directors of THE FRICTION THEATRE?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does THE FRICTION THEATRE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $62,755, expenses of $68,443 and total assets of $36,375 at year end.
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