Actors Theatre Of Indiana Inc
Actors Theatre Of Indiana Inc faces recurring deficits and high liabilities despite consistent program focus.
EIN: 202530124 · Carmel, IN · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $829K |
| Total Expenses | $704K |
| Program Spending | 75% |
| Net Assets | $-4,769 |
| Transparency Score | 65/100 |
Is Actors Theatre Of Indiana Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Actors Theatre Of Indiana Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Actors Theatre Of Indiana Inc
Actors Theatre Of Indiana Inc (EIN: 202530124) is a nonprofit organization based in Carmel, IN, classified under NTEE code A60. The organization reported total revenue of $829K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Actors Theatre Of Indiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Actors Theatre Of Indiana Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $634K |
| Total Expenses | $704K |
| Surplus / Deficit | $-70,216 |
| Total Assets | $143K |
| Total Liabilities | $147K |
| Net Assets | $-4,769 |
| Operating Margin | -11.1% |
| Debt-to-Asset Ratio | 103.3% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2023, Actors Theatre Of Indiana Inc reported a deficit of $70K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 103.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Actors Theatre Of Indiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | -15.5% | +12.1% |
| 2022 | +23.2% | +103.3% | -24.6% |
| 2021 | -21.9% | -41.0% | +42.3% |
| 2020 | -7.3% | -2.0% | -18.7% |
| 2019 | -1.6% | -13.3% | +29.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Actors Theatre Of Indiana Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Actors Theatre Of Indiana Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $70K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.3%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Actors Theatre Of Indiana Inc's IRS 990 filings:
- Recurring annual deficits in recent periods (e.g., 202307, 202207)
- Liabilities frequently exceed assets (e.g., $147,321 liabilities vs. $142,552 assets in 202307)
- Inconsistent financial performance with significant year-to-year fluctuations in net income/loss
Strengths
The following positive indicators were identified for Actors Theatre Of Indiana Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission spending.
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Clear program focus as indicated by NTEE code A60 (Performing Arts, Theatrical).
Frequently Asked Questions about Actors Theatre Of Indiana Inc
Is Actors Theatre Of Indiana Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Actors Theatre Of Indiana Inc (EIN: 202530124) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Actors Theatre Of Indiana Inc spend its money?
Actors Theatre Of Indiana Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Actors Theatre Of Indiana Inc tax-deductible?
Actors Theatre Of Indiana Inc is registered as a tax-exempt nonprofit (EIN: 202530124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Actors Theatre Of Indiana Inc's spending goes to programs?
Actors Theatre Of Indiana Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Actors Theatre Of Indiana Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Actors Theatre Of Indiana Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Actors Theatre Of Indiana Inc located?
Actors Theatre Of Indiana Inc is headquartered in Carmel, Indiana and files with the IRS under EIN 202530124. It is classified under NTEE code A60.
How many years of IRS 990 filings does Actors Theatre Of Indiana Inc have?
Actors Theatre Of Indiana Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $829K in total revenue.
Is Actors Theatre Of Indiana Inc financially stable?
The organization has experienced recurring deficits in recent years (e.g., $70,216 deficit in 202307 and $138,826 deficit in 202207), and liabilities have often exceeded assets, suggesting potential financial instability.
How does Actors Theatre Of Indiana Inc manage its liabilities?
Liabilities have frequently been higher than assets (e.g., $147,321 liabilities vs. $142,552 assets in 202307), indicating a potential reliance on debt or short-term obligations that could strain financial health.
What is the trend in Actors Theatre Of Indiana Inc's revenue and expenses?
Revenue has fluctuated, but expenses have often outpaced revenue in recent periods, leading to net losses. For example, in 202307, expenses were $704,288 against revenue of $634,072.
Filing History
IRS 990 filing history for Actors Theatre Of Indiana Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Actors Theatre Of Indiana Inc's revenue has grown by 25.4%, moving from $506K to $634K. Total assets increased by 100.9% over the same period, from $71K to $143K. Total functional expenses rose by 49.1%, from $472K to $704K. In its most recent filing year (2023), Actors Theatre Of Indiana Inc reported a deficit of $70K, with expenses exceeding revenue. The organization holds $147K in liabilities against $143K in assets (debt-to-asset ratio: 103.3%), resulting in net assets of $-4,769.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $634K | $704K | $143K | $147K | — | — |
| 2022 | $694K | $833K | $127K | $124K | — | View 990 |
| 2021 | $564K | $410K | $169K | $27K | — | View 990 |
| 2020 | $721K | $694K | $119K | $131K | — | View 990 |
| 2019 | $778K | $708K | $146K | $185K | — | View 990 |
| 2018 | $791K | $817K | $113K | $222K | — | View 990 |
| 2017 | $667K | $669K | $84K | $168K | — | View 990 |
| 2016 | $620K | $621K | $95K | $176K | — | View 990 |
| 2015 | $578K | $602K | $88K | $168K | — | View 990 |
| 2014 | $690K | $625K | $90K | $146K | — | View 990 |
| 2013 | $490K | $539K | $68K | $189K | — | View 990 |
| 2012 | $270K | $302K | $74K | $146K | — | View 990 |
| 2011 | $506K | $472K | $71K | $111K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $634K, expenses of $704K, and assets of $143K (revenue -8.7% year-over-year).
- 2022: Revenue of $694K, expenses of $833K, and assets of $127K (revenue +23.2% year-over-year).
- 2021: Revenue of $564K, expenses of $410K, and assets of $169K (revenue -21.9% year-over-year).
- 2020: Revenue of $721K, expenses of $694K, and assets of $119K (revenue -7.3% year-over-year).
- 2019: Revenue of $778K, expenses of $708K, and assets of $146K (revenue -1.6% year-over-year).
- 2018: Revenue of $791K, expenses of $817K, and assets of $113K (revenue +18.6% year-over-year).
- 2017: Revenue of $667K, expenses of $669K, and assets of $84K (revenue +7.6% year-over-year).
- 2016: Revenue of $620K, expenses of $621K, and assets of $95K (revenue +7.3% year-over-year).
- 2015: Revenue of $578K, expenses of $602K, and assets of $88K (revenue -16.3% year-over-year).
- 2014: Revenue of $690K, expenses of $625K, and assets of $90K (revenue +40.8% year-over-year).
- 2013: Revenue of $490K, expenses of $539K, and assets of $68K (revenue +81.6% year-over-year).
- 2012: Revenue of $270K, expenses of $302K, and assets of $74K (revenue -46.6% year-over-year).
- 2011: Revenue of $506K, expenses of $472K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Actors Theatre Of Indiana Inc:
Data Sources and Methodology
This transparency report for Actors Theatre Of Indiana Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.