Actors Theatre of Indiana Inc

Analysis

Actors Theatre of Indiana Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Actors Theatre of Indiana Inc reported income of $634k and spending of $704k, spending 111% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $778k to $634k (-19%), an average of -5.0% a year. The sharpest change came in the year to July 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Actors Theatre of Indiana Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Centre Stage Inc ($634k), Mahchiwminahnahtik Chippewa and Cree Language Revitalization ($634k) and Folsom Symphony Inc ($634k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $30k (4.3% of expenses). Other salaries and wages came to $173k. At year end it held assets of $143k against liabilities of $147k, net assets of -$4,769. It reported 58 employees.