Totals
- Total revenue
- $1,221,275
- Total expenses
- $8,248,856
- Contributions and grants received
- $679,318
- Grants paid
- $6,540,000
- Program service revenue
- $315,711
- Investment income
- $226,246
- Other revenue
- $0
- Total assets, end of year
- $4,551,206
- Total liabilities, end of year
- $3,830,611
- Net assets or fund balances, end of year
- $720,595
- Program services expenses (Part IX)
- $7,561,765
- Management and general expenses
- $625,841
- Fundraising expenses
- $61,250
- Program service expenses (Part III)
- $7,561,765
Program services were 91.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$55,545
-
1f · All other contributions, gifts and grants
$623,773
-
2a · Program service revenue: ADMISSIONS AND CONCESS
total $234,993 · related or exempt $234,993
-
2b · Program service revenue: ADVERTISING AND SPONSO
total $62,050 · related or exempt $62,050
-
2c · Program service revenue: RENTALS
total $18,668 · related or exempt $18,668
-
3 · Investment income
total $177,461 · excluded $177,461
-
7a · Gross sales of assets other than inventory
securities $48,785
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $48,785
-
7d · Net gain or loss
total $48,785 · excluded $48,785
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $6,540,000 · program services $6,540,000
-
7 · Other salaries and wages
total $687,307 · program services $532,922 · management and general $101,874 · fundraising $52,511
-
9 · Other employee benefits
total $78,753 · program services $63,823 · management and general $9,852 · fundraising $5,078
-
10 · Payroll taxes
total $39,597 · program services $30,194 · management and general $5,742 · fundraising $3,661
-
11c · Fees: accounting
total $86,663 · management and general $86,663
-
11f · Fees: investment management
total $11,475 · management and general $11,475
-
11g · Fees: other
total $30,345 · management and general $30,345
-
12 · Advertising and promotion
total $40,558 · program services $40,558
-
13 · Office expenses
total $9,429 · management and general $9,429
-
14 · Information technology
total $4,146 · management and general $4,146
-
16 · Occupancy
total $256,263 · management and general $256,263
-
17 · Travel
total $3,146 · management and general $3,146
-
22 · Depreciation, depletion and amortization
total $49,117 · management and general $49,117
-
23 · Insurance
total $41,327 · management and general $41,327
-
24a · Other expenses: PROGRAM EXPENSES
total $212,539 · program services $212,539
-
24b · Other expenses: PRODUCTION EXPENSES
total $82,753 · program services $82,753
-
24c · Other expenses: CONCESSIONS
total $35,790 · program services $35,790
-
24d · Other expenses: TICKET & CREDIT CARD PR
total $23,186 · program services $23,186
-
24e · All other expenses
total $16,462 · management and general $16,462
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $665,244 · end of year $578,682
-
2 · Savings and temporary cash investments
beginning of year $1,968,781 · end of year $1,574,411
-
3 · Pledges and grants receivable
beginning of year $364,089 · end of year $284,680
-
7 · Other notes and loans receivable
beginning of year $6,490,000 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $31,732 · end of year $44,173
-
10a · Land, buildings and equipment: cost or other basis
$404,520
-
10b · Land, buildings and equipment: accumulated depreciation
$207,743
-
10c · Land, buildings and equipment, net
beginning of year $248,661 · end of year $196,777
-
11 · Investments: publicly traded securities
beginning of year $1,674,240 · end of year $1,691,655
-
15 · Other assets
beginning of year $299,764 · end of year $180,828
-
17 · Accounts payable and accrued expenses
beginning of year $147,891 · end of year $25,263
-
19 · Deferred revenue
beginning of year $54,733 · end of year $4,425
-
23 · Secured mortgages and notes payable
beginning of year $3,883,318 · end of year $3,675,945
-
25 · Other liabilities
beginning of year $0 · end of year $124,978
-
27 · Net assets without donor restrictions
beginning of year $4,026,732 · end of year -$2,481,116
-
28 · Net assets with donor restrictions
beginning of year $3,629,837 · end of year $3,201,711
Mission and programs · 2024
Mission
PHOENIX THEATRE SERVES AS A CATALYST IN THE INDIANAPOLIS REGION TO HELP NURTURE NEW TALENT, SHOWCASE DIVERSE VOICES, AND ENGAGE AUDIENCES WITH UNIQUE, CONTEMPORARY PRODUCTIONS.
-
SERVING AS A CATALYST IN THE INDIANAPOLIS REGION TO HELP NURTURE NEW TALENT, SHOWCASE DIVERSE VOICES, AND ENGAGE AUDIENCES WITH UNIQUE, CONTEMPORARY PRODUCTIONS.
Expenses $7,561,765 · Grants $6,540,000 · Revenue $315,711
As filed on the 2024 return.
Listed in Part VII
-
Ormain GatherORMAIN GATHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Deonte BrownDEONTE BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Trease SearsTREASE SEARS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Lawren MillsLAWREN MILLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Jennifer MentinkJENNIFER MENTINK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Kristiane Silva BelloKRISTIANE SILVA BELLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Linda AdeniyiLINDA ADENIYI
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Dustin MeeksDUSTIN MEEKS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
Sam JonesSAM JONES
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Tiffany Trotter MBATIFFANY TROTTER MBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Dona SieblerDONA SIEBLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Alyson SmithALYSON SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
David JoseDAVID JOSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Lisa Harris MDLISA HARRIS MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Michael QuinnMICHAEL QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
Scott ReefSCOTT REEF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3
-
William PowellWILLIAM POWELL
CEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$6,490,000
DEBT FORGIVENESS OF BUILDING LOAN ON RELATED ENTITY
-
$50,000
FUNDS FOR PROGRAM EXPENSES
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(2) · TITLE HOLD · IN
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PHOENIX LOAN FUND LLC
FINANCING · IN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631969349301428
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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