Phoenix Theatre INC FY2020 filing

Tax-deductible

Indianapolis, IN501(c)(3)Since 1983Arts & CultureEIN 31-1069575Revenue $1.5M in FY2020

On file with the IRSphoenixtheatre.org705 N Illinois St, 46204-1115 · Indianapolis, INTax-exempt since Aug 1983Publicly supported — 509(a)(2)

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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.

501(c)(3) charity; gifts are tax-deductible.
32¢ of each $1 spent went to programs.
$58K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $630K a year · 30% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
32%
of spending
Concern: 32% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$58K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $118K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.8M
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
27
of 27 voting members
Looks good: 27 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
Spent
$1.6M
To programs
32%
Net assets
$4.3M
By yearFY2020–FY2025
Revenue
$1.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$2.5M
FY2023$3.3M
FY2024$2.9M
FY2025$1.2M
Expenses
$1.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.3M
FY2022$1.8M
FY2023$1.9M
FY2024$1.6M
FY2025$8.2M
Net assets
$4.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.3M
FY2021$4.4M
FY2022$5.0M
FY2023$6.4M
FY2024$7.7M
FY2025$721K

From the FY2020 Form 990 (year ending August 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

32 cents of each dollar spent went to programs.

Program services 32% · $509K Management & general 68% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

28 people listed on the 990; $58K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
General Mana
$57,897Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

Delia Robertson’s $35K as Managing Director is at the 3rd percentile of top reported officer pay among 3925 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Delia Robertson$35,239$63,788$62,908$57,897

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Nurtures talent, showcases diverse voices, and engages audiences with unique, contemporary theatre productions.

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Provided by the organization

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1 program · $509K · in their own filed words · FY2019
01

Serving as a catalyst in the indianapolis region to help nurture new talent, showcase diverse voices, and engage audiences with unique, contemporary productions.

$509Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 2 grants · $6.5M · 2024–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$316K
Investment incomeLn 3$110K
Money outPt IX
$1.6M
Ln 25
Programscol B$509K
Managementcol C$1.1M
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$9.1M
LiabilitiesLn 26$4.8M
PeoplePt VI, VII
28
listed · VII A
PaidVII A1
Voting boardVI 1a27
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$5K
Noncash giftsLn 1g$3K
Fundraising eventsLn 1c$7K
Fees for servicesLn 2g$316K
Investment incomeLn 3$110K
Other incomeLn 4–11$38K
Gains on assetsLn 7$3K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$466K
SavingsLn 2$700K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$61K
Land, buildings, equipmentLn 10c$103K
Other assetsLn 15$507K
Total assetsLn 16$9.1M
LiabilitiesLn 26$4.8M
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 534
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$905K$1.2M
InvestmentsLn 11–13$58K$61K
Land, buildings, equipmentLn 10c$10K$103K
Total assetsLn 16$9.1M$9.1M
LiabilitiesLn 26$4.7M$4.8M
Net assetsLn 32$4.4M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$592K$230K$361K
Other employee benefitsLn 9$72K$20K$52K
Payroll taxesLn 10$52K$7K$45K
Accounting feesLn 11c$32K$32K
Investment management feesLn 11f$497$497
Advertising and promotionLn 12$29K$29K
Office expensesLn 13$4K$4K
RoyaltiesLn 15$17K$17K
OccupancyLn 16$305K$305K
InterestLn 20$205K$205K
Depreciation, depletion and amortizationLn 22$17K$17K
InsuranceLn 23$36K$36K
Other expenses (24a–d)Ln 24$180K$155K$25K
All other expensesLn 24e$43K$27K$16K
Total functional expensesLn 25$1.6M$509K$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$8.2M−$7.0M$721K 990 PDF
FY2024 $2.9M$1.6M$1.3M$7.7M 990 PDF
FY2023 $3.3M$1.9M$1.3M$6.4M 990 PDF
FY2022 $2.5M$1.8M$653K$5.0M 990 PDF
FY2021 $1.4M$1.3M$63K$4.4M 990 PDF
FY2020 Viewing $1.5M$1.6M−$105K$4.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,478,312 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,231,712$1,014,419
I-9 Program service revenuePrior year $632,934$316,154
I-10 Investment incomePrior year $111,099$110,141
I-11 Other revenuePrior year $40,806$37,598
I-12 Total revenuePrior year $2,016,551$1,478,312
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,034,489$715,555
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $893,935$868,177
I-18 Total expensesPrior year $1,928,424$1,583,732
I-19 Revenue less expensesPrior year $88,127−$105,420
Part VI · Governance 27 of 27 board members independent, 2 to look at
VI-1a Voting members of the governing body27
VI-1b Independent voting members27
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,478,312 across 10 lines filed
VIII-1c Fundraising events$6,625
VIII-1e Government grants$4,990
VIII-1f All other contributions, gifts and grants$1,002,804
VIII-1g Noncash contributions (included above)$3,031
VIII-1h Total contributions, gifts and grants$1,014,419
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $316,154$316,154
VIII-3 Investment incomeExcluded from tax $106,681$106,681
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,460$3,460
VIII-8 Net income from fundraising events$37,598
VIII-12 Total revenueRelated to mission $319,614 · Excluded from tax $106,681$1,478,312
Part IX · Statement of functional expenses $1,583,732 across 14 lines filed
IX-7 Other salaries and wagesPrograms $230,493 · Management $361,247$591,740
IX-9 Other employee benefitsPrograms $20,307 · Management $51,628$71,935
IX-10 Payroll taxesPrograms $7,158 · Management $44,722$51,880
IX-11c Accounting feesManagement $32,092$32,092
IX-11f Investment management feesManagement $497$497
IX-12 Advertising and promotionManagement $29,145$29,145
IX-13 Office expensesManagement $3,941$3,941
IX-15 RoyaltiesPrograms $16,706$16,706
IX-16 OccupancyManagement $305,122$305,122
IX-20 InterestManagement $205,000$205,000
IX-22 Depreciation, depletion and amortizationPrograms $17,143$17,143
IX-23 InsurancePrograms $35,824$35,824
IX-24 Other expenses (24a–d)Programs $154,532 · Management $25,273$179,805
IX-24e All other expensesPrograms $27,182 · Management $15,720$42,902
IX-25 Total functional expensesPrograms $509,345 · Management $1,074,387 · Fundraising $0$1,583,732
Part X · Balance sheet $9,105,674 assets, 17 lines filed
Asset lines not itemized here account for $6,506,165; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $110,015$465,837
X-2 Savings and temporary cash investmentsStart of year $794,910$700,465
X-3 Pledges and grants receivableStart of year $779,293$752,529
X-4 Accounts receivableStart of year $279,853$1,500
X-9 Prepaid expenses and deferred chargesStart of year $57,217$7,434
X-10c Land, buildings and equipment, netStart of year $9,767$103,256
X-12 Other securitiesStart of year $57,846$61,098
X-15 Other assetsStart of year $537,062$507,390
X-16 Total assetsStart of year $9,132,937$9,105,674
X-17 Accounts payable and accrued expensesStart of year $174,447$74,461
X-19 Deferred revenueStart of year $62,064$77,250
X-24 Unsecured notes and loans payable$163,100
X-26 Total liabilitiesStart of year $4,736,511$4,814,811
X-27 Net assets without donor restrictionsStart of year $4,134,773$4,240,876
X-28 Net assets with donor restrictionsStart of year $261,653$49,987
X-32 Total net assets or fund balancesStart of year $4,396,426$4,290,863
X-33 Total liabilities and net assetsStart of year $9,132,937$9,105,674
Part XI · Reconciliation of net assets $4,290,863 net assets at year end
XI-1 Total revenue$1,478,312
XI-2 Total expenses$1,583,732
XI-3 Revenue less expenses−$105,420
XI-4 Net assets at start of year$4,396,426
XI-5 Net unrealized gains (losses) on investments−$143
XI-10 Net assets at end of year$4,290,863

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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