Answer
Compass Players, an influential improvisational comedy group, was co-founded by Elaine May in Chicago in 1955. The group, known for its satirical sketches, launched the careers of notable comedians such as Mike Nichols, Shelley Berman, and Alan Arkin. Compass Players paved the way for improvisational comedy to become a prominent form of entertainment and served as a precursor to the renowned Second City comedy troupe.