Indiana Repertory Theatre Inc

Analysis

Indiana Repertory Theatre Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Indiana Repertory Theatre Inc reported income of $8.1m and spending of $7.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $8.1m (+3.0%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indiana Repertory Theatre Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Stone Barns Restoration Corp ($8.1m), Norton Simon Museum of Art at Pasadena ($8.1m) and Greater Cincinnati Television Educational Foundation ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $418k (5.3% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $37.2m against liabilities of $1.1m, net assets of $36.1m. It reported 195 employees.