Actors Theatre of Louisville Inc

Analysis

Actors Theatre of Louisville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1964, 62 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 May 2023, Actors Theatre of Louisville Inc reported income of $2.7m and spending of $4.9m, spending 183% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $9.4m to $2.7m (-71%), an average of -27% a year. The sharpest change came in the year to May 2022, when income rose by 94%. Over the whole period it spent 91% 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 Louisville Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include New Earth Organization ($2.7m), Theaterworks Inc ($2.7m) and Partners for Christian Media Inc ($2.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 67% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $246k (5.0% of expenses). Other salaries and wages came to $2.0m. It paid $6,329 in professional fundraising fees. At year end it held assets of $21.8m against liabilities of $1.7m, net assets of $20.2m. It reported 136 employees.