Civic Intelligence

Young Actors Theatre Inc.

990 • Fiscal year 2015 • EIN 35-1556468

Sep 01, 2014 to Aug 31, 2015 • Filed on Dec 01, 2015

401 East Michigan StreetIndianapolis, IN 46204

(317) 614-5057

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.42x

Higher debt load relative to assets than 88% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

26th percentile

-7.5%

Higher net margin than 26% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

95th percentile

$61,971

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

29th percentile

-9.5%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$124,013

Down $13,010 (-9.5%) from 2014

Net Assets

Down

$71,485

Down $27,484 (-28%) from 2014

Liabilities

Up

$52,528

Up $14,474 (+38%) from 2014

Revenue

Down

$366,742

Down $48,907 (-12%) from 2014

Expenses

Up

$394,226

Up $22,091 (+5.9%) from 2014

Net Income

Down

-$27,484

Down $70,998 (-163%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $137,023Liabilities 2014: $38,054Net Assets 2014: $98,9692014Assets 2015: $124,013Liabilities 2015: $52,528Net Assets 2015: $71,4852015Assets 2016: $162,832Liabilities 2016: $46,680Net Assets 2016: $116,1522016Assets 2017: $98,709Liabilities 2017: $26,925Net Assets 2017: $71,7842017Assets 2018: $231,573Liabilities 2018: $24,316Net Assets 2018: $207,2572018Assets 2019: $194,568Liabilities 2019: $64,909Net Assets 2019: $129,6592019Assets 2020: $147,683Liabilities 2020: $98,167Net Assets 2020: $49,5162020Assets 2021: $266,112Liabilities 2021: $121,099Net Assets 2021: $145,0132021Assets 2022: $139,374Liabilities 2022: $41,982Net Assets 2022: $97,3922022Assets 2023: $284,393Liabilities 2023: $35,787Net Assets 2023: $248,6062023Assets 2024: $220,867Liabilities 2024: $56,181Net Assets 2024: $164,6862024

Highlighted filing

2015

Assets$124,013
Liabilities$52,528
Net Assets$71,485

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2014: $415,649Expenses 2014: $372,135Net Income 2014: $43,5142014Revenue 2015: $366,742Expenses 2015: $394,226Net Income 2015: -$27,4842015Revenue 2016: $543,536Expenses 2016: $498,869Net Income 2016: $44,6672016Revenue 2017: $466,049Expenses 2017: $510,417Net Income 2017: -$44,3682017Revenue 2018: $621,727Expenses 2018: $486,254Net Income 2018: $135,4732018Revenue 2019: $524,501Expenses 2019: $602,099Net Income 2019: -$77,5982019Revenue 2020: $526,002Expenses 2020: $606,146Net Income 2020: -$80,1442020Revenue 2021: $591,854Expenses 2021: $496,357Net Income 2021: $95,4972021Revenue 2022: $515,170Expenses 2022: $562,791Net Income 2022: -$47,6212022Revenue 2023: $693,478Expenses 2023: $542,264Net Income 2023: $151,2142023Revenue 2024: $439,877Expenses 2024: $523,797Net Income 2024: -$83,9202024

Highlighted filing

2015

Revenue$366,742
Expenses$394,226
Net Income-$27,484
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Dec 1, 2015
Return Version
2014v5.0
Gross Receipts
$372,095
Mission and Program Overview

Mission

To create theatrical opportunities that instill confidence, creativity and discipline in youth. We aim to artistically inspire youth to become the best version of themselves, and we believe by building stronger individuals we will build a stronger community.

To instill confidence, creativity, and discipline in youth. We aim to artistically inspire youth to become the best version of themselves, and we believe by building stronger individuals we will build a stronger community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$79,128$98,354▲ $19,226
Savings and Temporary Cash Investments$40,491--
Accounts Receivable$12,182$19,921▲ $7,739
Land, Buildings, and Equipment, Net$2,476$4,838▲ $2,362
Prepaid Expenses and Deferred Charges$2,746$900▼ $1,846
Total Assets$137,023$124,013▼ $13,010
Liabilities
Deferred Revenue$32,650$42,568▲ $9,918
Accounts Payable and Accrued Expenses$5,404$5,809▲ $405
Other Liabilities$0$4,151▲ $4,151
Total Liabilities$38,054$52,528▲ $14,474
Net Assets / Fund Balance
Unrestricted Net Assets$32,484$40,860▲ $8,376
Temporarily Rstr Net Assets$66,485$30,625▼ $35,860
Total Net Assets Fund Balance$98,969$71,485▼ $27,484
Total Liabilities and Net Assets / Fund Balance$137,023$124,013▼ $13,010

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,838$6,454$11,292
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Justin WadeExecutive Artistic DirectoFT$61,971$61,971
Catherine WadeManaging DirectorFT$51,000$51,000

Board Members and Trustees

NameTitle
Mandy StevensPresident
Jenny BurchVice President
Anne MyersDirector
Cheryl ReedDirector
David NidifferDirector
Karin OgdenDirector
Kirsten FeltsDirector
Medhane CumbayDirector
Mike FitzgeraldDirector
Mike SchultzDirector
Rob CullinDirector
Scott RoseDirector
Tim MiannanDirector
Olivia FlemingSecretary
Sean SweeneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$102,749
Program Service Revenue
$242,798
Investment Income
$49
Other Revenue
$21,146
All Other Contributions
$95,772
Change in Net Assets
$-27,484

Audited Revenue Reconciliation

Revenue per Audited Statements
$366,742
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$85,412
Total Revenue per Audited Statements
$452,154
Total Revenue per Form 990
$366,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$238,892
Other Expenses$145,334
Total Fundraising Expense$13,776
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,340$60,339-$120,679
Current Officers, Directors, Trustees, and Key Employees$72,807$13,776$13,776$100,359
Occupancy$25,062$8,354-$33,416
Payroll Taxes$8,927$8,927-$17,854
Fees for Services Other$12,319$1,810-$14,129
Fees for Services Accounting-$11,842-$11,842
Grants to Domestic Individuals$10,000--$10,000
Office Expenses-$3,039-$3,039
Information Technology$1,192$1,191-$2,383
Other Expenses$1,098$1,096-$2,194
Depreciation Depletion$619$619-$1,238
Total Functional Expenses$254,852$125,598$13,776$394,226

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$479,638
Expenses per Audited Statements$394,226
Total Expenses per Form 990$394,226
Expenses Not Reported on Form 990$85,412
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Athenaeum Foundation IncIndianapolis, IN501(c)(3)For Theatre Upgrades$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,638
Fundraising Direct Expenses$3,351
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Production$11,215$4,238$479$3,759
Silent Auction$3,400$3,400-$3,400
Total Events$14,615$7,638$3,351$4,287
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Catherine WadeSister of OfficerCompensation as Managing DirectorNo$45,920
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Liabilities$4,151
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Catherine wade, managing director is the sister of executive artistic director, justin wade.

Form 990, Part VI, Section B, Line 11

The form 990 was reviewed by members of the executive committee of the board of directors

Form 990, Part VI, Section B, Line 15

The board reviews both justin wade, executive artistic director and catherine wade, managing director's compensation.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are provided upon request to potential donors and other members of the general public.

Filing and Contact Details

Filer

Filer Name
Young Actors Theatre Inc
EIN
35-1556468
Phone
3176145057
Address
401 EAST MICHIGAN STREET, INDIANAPOLIS, IN 46204

Signing Officer

Name
Catherine Wade
Title
Managing Director
Phone
3176115057
Signed
2015-12-01

Organization Details

Principal Officer
Catherine Wade
Formed
1984
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
150

Preparer

Firm
Greenwalt Cpas Inc
Address
5342 W VERMONT STREET, INDIANAPOLIS, IN 46224
Preparer
Amanda Meko CPA
Phone
3172412999
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IRS990/ActivityOrMissionDesc0TO INSTILL CONFIDENCE, CREATIVITY, AND DISCIPLINE IN YOUTH. WE AIM TO ARTISTICALLY INSPIRE YOUTH TO BECOME THE BEST VERSION OF THEMSELVES, AND WE BELIEVE BY BUILDING STRONGER INDIVIDUALS WE WILL BUILD A STRONGER COMMUNITY.
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IRS990/Desc0THE PLAYGROUND: THE PLAYGROUND, THE PROGRAM THE THEATRE WAS ORIGINALLY FOUNDED ON, IS THE ARENA WHERE CONFIDENCE, CREATIVITY, AND DISCIPLINE ARE TESTED IN PLAY TO BUILD AWESOME HUMANS. THE PLAYGROUND, CONDUCTED IN BI-ANNUAL SESSIONS, REACHES APPROXIMATELY 350 YOUTH, AND PRESENTS 30 PERFORMANCES ANNUALLY. SIX OPEN ENROLLMENT CLASSES IN TECHNICAL THEATRE AND ACTING, WHICH INCLUDE APPROXIMATELY 75 HOURS OF INSTRUCTION EACH, ARE OFFERED TWICE DURING THE YEAR FOR FOUR MONTHS IN LENGTH. 4,000 AUDIENCE MEMBERS ATTEND THESE PRODUCTIONS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE ARTISTIC DIRECTO
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IRS990/InformationTechnologyGrp/ProgramServicesAmt01192
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO CREATE THEATRICAL OPPORTUNITIES THAT INSTILL CONFIDENCE, CREATIVITY AND DISCIPLINE IN YOUTH. WE AIM TO ARTISTICALLY INSPIRE YOUTH TO BECOME THE BEST VERSION OF THEMSELVES, AND WE BELIEVE BY BUILDING STRONGER INDIVIDUALS WE WILL BUILD A STRONGER COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt04287
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt016859
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt016859
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08354
IRS990/OccupancyGrp/ProgramServicesAmt025062
IRS990/OccupancyGrp/TotalAmt033416
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03039
IRS990/OfficeExpensesGrp/TotalAmt03039
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0THEATRE PRODUCTION - DI
IRS990/OtherExpensesGrp/Desc1PROCESSING FEES
IRS990/OtherExpensesGrp/Desc2TAXES AND FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04993
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19612
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21096
IRS990/OtherExpensesGrp/ProgramServicesAmt057495
IRS990/OtherExpensesGrp/ProgramServicesAmt14993
IRS990/OtherExpensesGrp/ProgramServicesAmt21098
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IRS990/OtherExpensesGrp/TotalAmt19986
IRS990/OtherExpensesGrp/TotalAmt29612
IRS990/OtherExpensesGrp/TotalAmt32194
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt04151
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060339
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060340
IRS990/OtherSalariesAndWagesGrp/TotalAmt0120679
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08927
IRS990/PayrollTaxesGrp/ProgramServicesAmt08927
IRS990/PayrollTaxesGrp/TotalAmt017854
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02746
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0900
IRS990/PrincipalOfficerNm0CATHERINE WADE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0THEATRE CLASS TUITON
IRS990/ProgramServiceRevenueGrp/Desc1IN SCHOOL PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2PRODUCTION TICKET SALE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0140080
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt155973
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt246745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0140080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt155973
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt246745
IRS990/ProgSrvcAccomActy2Grp/Desc0THE COURT: THE COURT PERFORMANCES FUNCTION AS A PROVING GROUND WHERE OUR TEENS STAND UP AGAINST REAL ISSUES FACING TODAY'S YOUTH. THESE SHOWS ARE PRESENTED TO INNER-CITY TEENS, AT LOCAL HEATH SYMPOSIUMS AND AT VARIOUS YOUTH SEMINARS. ATTENDANCE AT THESE PRODUCTIONS WILL CREATE AWARENESS OF THE ISSUES, GIVE YOUTH AN OUTLET TO ASK QUESTIONS, AND PROVIDE RESOURCES FOR THEM TO GET ADDITIONAL INFORMATION ON THE TOPICS.THE COURT PRESENTS AT LEAST 12 PERFORMANCES ANNUALLY, AND REACHES APPROXIMATELY 4,000 AUDIENCE MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt053494
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt046745
IRS990/ProgSrvcAccomActy3Grp/Desc0THE STREET: OUR STREET PROGRAM IS THE AVENUE THROUGH WHICH WE PAVE THE WAY FOR SELF -EMPOWERMENT THROUGH SELF-EXPRESSION. THE STREET INCLUDES A FULL-TIME TEACHER STAFFED AT HERRON HIGH SCHOOL, SIX AFTER-SCHOOL PROGRAMS, SEVEN SUMMER WORKSHOPS, EIGHT ADVANCED THEATRE COURSES, A POETRY COLLECTIVE, A MOVEMENT TROUPE, A TEEN ADVISORY BOARD OF 20 YOUTH, AND SEVERAL YOUTH TECHNICAL THEATRE CREWS. THE STREET REACHES APPROXIMATELY 700 YOUTH PARTICIPANTS, AND REACHES 3,000 AUDIENCE MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt055973
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0200865
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IRS990/PYGrantsAndSimilarPaidAmt03512
IRS990/PYInvestmentIncomeAmt056
IRS990/PYOtherExpensesAmt0149340
IRS990/PYOtherRevenueAmt0-3553
IRS990/PYProgramServiceRevenueAmt0218281
IRS990/PYRevenuesLessExpensesAmt043514
IRS990/PYSalariesCompEmpBnftPaidAmt0219283
IRS990/PYTotalExpensesAmt0372135
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0415649
IRS990/QuidProQuoContributionsInd00
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IRS990/ReconcilationRevenueExpnssAmt0-27484
IRS990/RelatedEntityInd00
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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
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IRS990/RevenueAmt0156939
IRS990/SavingsAndTempCashInvstGrp/BOYAmt040491
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024805
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0189750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0189558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0134438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01007375
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0202
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01444238
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0432835
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0255164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0232588
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0159243
IRS990ScheduleA/Total509Grp/TotalAmt01444238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0364457
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0432891
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0232606
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0159253
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01444440
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
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