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Nonprofiteer
← YOUNG ACTORS THEATRE INC

Form 990 for tax year 2023

Filed by YOUNG ACTORS THEATRE INC.

Totals

Total revenue
$439,877
Total expenses
$523,797
Contributions and grants received
$257,344
Grants paid
$0
Program service revenue
$179,227
Investment income
$3,306
Other revenue
$0
Total assets, end of year
$220,867
Total liabilities, end of year
$56,181
Net assets or fund balances, end of year
$164,686
Program services expenses (Part IX)
$300,017
Management and general expenses
$168,716
Fundraising expenses
$55,064
Program service expenses (Part III)
$300,017

Program services were 57.3% 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)

    $43,572

  • 1f · All other contributions, gifts and grants

    $213,772

  • 2a · Program service revenue: Theatre class tuition

    total $150,391 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Production ticket sale

    total $28,836 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,306 · unrelated business $0 · excluded $3,306

  • 11a · Other revenue: Other

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $95,344 · program services $23,836 · management and general $47,672 · fundraising $23,836

  • 7 · Other salaries and wages

    total $202,256 · program services $124,997 · management and general $68,970 · fundraising $8,289

  • 9 · Other employee benefits

    total $23,719 · program services $11,862 · management and general $9,297 · fundraising $2,560

  • 10 · Payroll taxes

    total $22,724 · program services $11,372 · management and general $8,874 · fundraising $2,478

  • 11c · Fees: accounting

    total $10,235 · program services $0 · management and general $10,235 · fundraising $0

  • 11g · Fees: other

    total $2,350 · program services $2,350 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $6,925 · program services $4,501 · management and general $1,385 · fundraising $1,039

  • 13 · Office expenses

    total $20,113 · program services $13,073 · management and general $4,023 · fundraising $3,017

  • 16 · Occupancy

    total $84,424 · program services $54,876 · management and general $16,885 · fundraising $12,663

  • 22 · Depreciation, depletion and amortization

    total $5,544 · program services $3,604 · management and general $1,109 · fundraising $831

  • 24a · Other expenses: Theatre production

    total $48,680 · program services $48,680 · management and general $0 · fundraising $0

  • 24b · Other expenses: Miscellaneous

    total $1,483 · program services $866 · management and general $266 · fundraising $351

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $266,205 · end of year $181,490

  • 4 · Accounts receivable

    beginning of year $3,149 · end of year $11,128

  • 9 · Prepaid expenses and deferred charges

    end of year $14,053

  • 10a · Land, buildings and equipment: cost or other basis

    $42,490

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,995

  • 10c · Land, buildings and equipment, net

    beginning of year $15,039 · end of year $9,495

  • 15 · Other assets

    beginning of year $0 · end of year $4,701

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,745 · end of year $14,809

  • 19 · Deferred revenue

    beginning of year $33,042 · end of year $41,372

  • 27 · Net assets without donor restrictions

    beginning of year $147,456 · end of year $99,951

  • 28 · Net assets with donor restrictions

    beginning of year $101,150 · end of year $64,735

Mission and programs · 2023

Mission

The mission of React is to create original theatre with youth that reacts to social issues of the world. The vision of React is to build a more empathetic and empowered world through theatre. React works with hundreds of students from throughout the Indianapolis area to rehearse then perform plays in downtown Indianapolis.

  • Young Actors Theatre (dba React) specializes in building original plays with youth actors, for youth audiences. We run three (3) semesters a year (Fall, Spring, and Summer), and work with about 350 K-12th grade students annually. We produce about 30 plays, attended by at least 2,000 audience members total.

    Expenses $300,017 · Revenue $179,076

As filed on the 2023 return.

Listed in Part VII

  • Kristin Kohn

    President

    Total calculated
    $0
    Hours/week
    1
  • Quinn Demaree

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Ellen Miller

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Terri Wada

    Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Rob Dixon

    Director

    Total calculated
    $0
    Hours/week
    1
  • Amanda Stevens

    Director

    Total calculated
    $0
    Hours/week
    1
  • Brian McCutcheon

    Director

    Total calculated
    $0
    Hours/week
    1
  • Christen Peterson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Justin Wade

    Executive Director

    Total calculated
    $95,344
    From this org
    $0
    From related orgs
    $95,344
    Other
    $0
    Hours/week
    40
  • Georgeanna Smith Wade

    Artistic Director

    Total calculated
    $80,875
    From this org
    $0
    From related orgs
    $80,875
    Other
    $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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
1 April 2025
IRS schema version
2023v6.0
Source object
202540929349301559

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