Form 990 for tax year 2024
Filed by ACTORS THEATRE OF LOUISVILLE INC.
Totals
- Total revenue
- $2,427,491
- Total expenses
- $5,014,060
- Contributions and grants received
- $838,123
- Grants paid
- $0
- Program service revenue
- $356,250
- Investment income
- $1,181,450
- Other revenue
- $51,668
- Total assets, end of year
- $24,442,032
- Total liabilities, end of year
- $1,459,593
- Net assets or fund balances, end of year
- $22,982,439
- Program services expenses (Part IX)
- $3,870,280
- Management and general expenses
- $858,510
- Fundraising expenses
- $285,270
- Program service expenses (Part III)
- $3,870,280
Program services were 77.2% 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)
$84,243
-
1f · All other contributions, gifts and grants
$753,880
-
2a · Program service revenue: TICKET SALES
total $156,651 · related or exempt $156,651
-
2b · Program service revenue: CONCESSIONS REVENUE
total $108,792 · related or exempt $108,792
-
2c · Program service revenue: TICKET FEES
total $49,235 · related or exempt $49,235
-
2d · Program service revenue: PRODUCTION REVENUE
total $21,244 · related or exempt $21,244
-
2e · Program service revenue: EDUCATION PROGRAM REVENUE
total $20,328 · related or exempt $20,328
-
3 · Investment income
total $313,431 · excluded $313,431
-
5 · Royalties
total $760 · excluded $760
-
6a · Gross rents
real property $335,791
-
6b · Less rental expenses
real property $271,775
-
6c · Rental income or loss
real property $64,016
-
6d · Net rental income or loss
total $64,016 · excluded $64,016
-
7a · Gross sales of assets other than inventory
securities $4,972,728
-
7b · Less cost or other basis and sales expenses
securities $4,104,709
-
7c · Gain or loss
securities $868,019
-
7d · Net gain or loss
total $868,019 · excluded $868,019
-
8a · Fundraising events: gross income
$8,380
-
8b · Fundraising events: direct expenses
$23,952
-
8c · Net income from fundraising events
total -$15,572 · excluded -$15,572
-
11a · Other revenue: REBATE REVENUE
total $2,253 · excluded $2,253
-
11b · Other revenue: AUXILLARY OPERATIONS
total $211 · related or exempt $211
-
11e · Other revenue, total
$2,464
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $243,496 · program services $184,642 · management and general $35,492 · fundraising $23,362
-
7 · Other salaries and wages
total $1,948,525 · program services $1,517,094 · management and general $257,396 · fundraising $174,035
-
8 · Pension plan contributions
total $54,049 · program services $26,224 · management and general $26,893 · fundraising $932
-
9 · Other employee benefits
total $255,100 · program services $211,468 · management and general $33,494 · fundraising $10,138
-
10 · Payroll taxes
total $150,224 · program services $127,184 · management and general $15,773 · fundraising $7,267
-
11b · Fees: legal
total $82,001 · management and general $82,001
-
11c · Fees: accounting
total $25,300 · management and general $25,300
-
11d · Fees: lobbying
total $49,594 · fundraising $49,594
-
11f · Fees: investment management
total $71,702 · management and general $71,702
-
11g · Fees: other
total $222,536 · program services $105,221 · management and general $113,315 · fundraising $4,000
-
12 · Advertising and promotion
total $121,264 · program services $121,264
-
13 · Office expenses
total $45,379 · program services $7,152 · management and general $32,989 · fundraising $5,238
-
14 · Information technology
total $87,493 · program services $69,993 · management and general $13,125 · fundraising $4,375
-
15 · Royalties
total $12,925 · program services $12,925
-
16 · Occupancy
total $504,223 · program services $473,111 · management and general $31,112
-
17 · Travel
total $25,604 · program services $25,442 · management and general $162
-
20 · Interest
total $20 · management and general $20
-
22 · Depreciation, depletion and amortization
total $406,698 · program services $371,670 · management and general $35,028
-
23 · Insurance
total $92,599 · program services $23,150 · management and general $69,449
-
24a · Other expenses: PRODUCTION EXPENSES
total $196,563 · program services $196,563
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $166,585 · program services $166,585
-
24c · Other expenses: PUBLICATIONS, DUES & FE
total $115,338 · program services $103,402 · management and general $9,989 · fundraising $1,947
-
24d · Other expenses: GUEST ARTIST TRAVEL & H
total $44,792 · program services $44,792
-
24e · All other expenses
total $92,050 · program services $82,398 · management and general $5,270 · fundraising $4,382
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $747,357 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $5,557,177 · end of year $721,567
-
3 · Pledges and grants receivable
beginning of year $682,034 · end of year $92,741
-
4 · Accounts receivable
beginning of year $43,655 · end of year $43,655
-
8 · Inventories for sale or use
beginning of year $17,586 · end of year $17,586
-
9 · Prepaid expenses and deferred charges
beginning of year $103,285 · end of year $103,211
-
10a · Land, buildings and equipment: cost or other basis
$23,609,649
-
10b · Land, buildings and equipment: accumulated depreciation
$17,379,981
-
10c · Land, buildings and equipment, net
beginning of year $6,185,429 · end of year $6,229,668
-
11 · Investments: publicly traded securities
beginning of year $12,028,212 · end of year $16,505,376
-
12 · Investments: other securities
beginning of year $12,026 · end of year $12,026
-
15 · Other assets
beginning of year $0 · end of year $716,202
-
17 · Accounts payable and accrued expenses
beginning of year $325,458 · end of year $223,131
-
19 · Deferred revenue
beginning of year $368,049 · end of year $373,481
-
25 · Other liabilities
beginning of year $123,341 · end of year $862,981
-
27 · Net assets without donor restrictions
beginning of year $11,452,809 · end of year $8,188,731
-
28 · Net assets with donor restrictions
beginning of year $13,107,104 · end of year $14,793,708
Mission and programs · 2024
Mission
ACTORS THEATRE UNLOCKS HUMAN POTENTIAL, BUILDS COMMUNITY AND ENRICHES QUALITY OF LIFE BY ENGAGING PEOPLE IN THEATRE THAT REFLECTS THE WONDER AND COMPLEXITY OF OUR TIME.
Activities or mission (Part I)
TO UNLOCK HUMAN POTENTIAL, BUILD COMMUNITY, AND ENRICH QUALITY OF LIFE THROUGH THE WONDER AND COMPLEXITY OF OUR TIME. WE ARE THE DESIGNATED STATE THEATRE OF KENTUCKY AND SEEK TO IMPACT OUR REGION AS A COMMUNITY AND CULTURAL HUB AND THROUGH OUR LEARNING AND CREATIVE ENGAGEMENT EFFORTS.
-
ACTORS THEATRE OF LOUISVILLE UNLOCKS HUMAN POTENTIAL, BUILDS COMMUNITY, AND ENRICHES QUALITY OF LIFE BY ENGAGING PEOPLE IN THEATRE THAT REFLECTS THE WONDER AND COMPLEXITY OF OUR TIME. ACTORS THEATRE OF LOUISVILLE WAS FORMED IN 1964 WITH THE MERGING OF ACTORS, INC. AND THEATRE LOUISVILLE. THE THEATRE ESTABLISHED A COMPLEX IN THE ORIGINAL BANK OF LOUISVILLE BUILDING (THE THIRD-OLDEST BUILDING STILL STANDING IN DOWNTOWN LOUISVILLE), AND STILL OCCUPIES THIS BUILDING WITH THREE FULLY OPERATING THEATRE VENUES.THROUGHOUT ITS HISTORY, ACTORS THEATRE OF LOUISVILLE HAS LED THE WAY IN ARTISTIC INNOVATION AND EXPRESSION, WHICH HAS RESULTED IN THE THEATRE RECEIVING THE THREE MOST PRESTIGIOUS AWARDS GIVEN TO REGIONAL THEATRES: THE MARGO JONES AWARD, THE SHUBERT FOUNDATION'S JAMES N. VAUGHAN MEMORIAL AWARD, AND A TONY AWARD. ACTORS THEATRE OF LOUISVILLE PRIMARILY SERVES LOUISVILLE, KY AS WELL AS SOUTHERN INDIANA AND SEEKS TO CELEBRATE AND SERVE OUR REGION AS THE STATE THEATRE OF KENTUCKY.THIS SEASON WE FEATURED SEVERAL FULLY PRODUCED PRODUCTIONS INCLUDING DRACULA, FLEX, AND HERSHEL AND THE HANUKKAH GOBLINS. EDUCATION AND COMMUNITY ENGAGEMENT INITIATIVES ARE INTEGRAL TO ACTORS THEATRE OF LOUISVILLE AND THE ORGANIZATION OFFERS STUDENT MATINEES, IN-SCHOOL RESIDENCIES, AND A SERIES OF LIFELONG LEARNING AND ENGAGEMENT OFFERINGS. AS AN ARTS AND CULTURE SERVICE ORGANIZATION, ACTORS THEATRE OF LOUISVILLE SEEKS TO BE A PLACE OF BELONGING SUPPORTING THE WELL BEING AND FULL FLOURISHING OF ALL.
Expenses $3,870,280 · Revenue $356,461
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Aaron JahnAARON JAHN
DIRECTOR THRU 09/2024
- Total calculated
- $0
- Hours/week
- 1
-
Andrew PylesANDREW PYLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher CoffmanCHRISTOPHER COFFMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Corrie SchullCORRIE SCHULL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Gauri BhakeraoGAURI BHAKERAO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gregg RochmanGREGG ROCHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kaila Adia Story PhDKAILA ADIA STORY PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karl Victor IIIKARL VICTOR III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kate RoselleKATE ROSELLE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Larry HornLARRY HORN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mac ThompsonMAC THOMPSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Monica StewartMONICA STEWART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Natalia BishopNATALIA BISHOP
DIRECTOR THRU 09/2024
- Total calculated
- $0
- Hours/week
- 1
-
Nicole YatesNICOLE YATES
DIRECTOR THRU 09/2024
- Total calculated
- $0
- Hours/week
- 1
-
Ra'Shann MartinRA'SHANN MARTIN
DIRECTOR THRU 09/2024
- Total calculated
- $0
- Hours/week
- 1
-
Robert Barry FlemingROBERT BARRY FLEMING
EXEC. ARTISTIC DIREC. THRU 01/2025
- Total calculated
- $198,051
- From this org
- $185,000
- From related orgs
- $0
- Other
- $13,051
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,000
- Bonus
- $0
- Other
- $0
- Deferred
- $3,700
- Nontaxable benefits
- $9,351
- Filer's total
- $198,051
-
Scott SchaftleinSCOTT SCHAFTLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stacey WadeSTACEY WADE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stuart PerelmutterSTUART PERELMUTTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4A
- SEVERENCE PAYMENT OF 97,549 TO ROBERT BARRY FLEMING.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631059349301833
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