2024-04-13T12:10:55-05:00 2023-05-31 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2022-06-01 610645030 ACTORS THEATRE OF LOUISVILLE INC ACTO 5025841265 316 WEST MAIN STREET LOUISVILLE KY 40202 ROBERT BARRY FLEMING EXECUTIVE ARTISTIC DIRECTOR 5025841265 2024-04-12 1 ROBERT BARRY FLEMING 999009999 1 ELEANOR A LIVINGSTON CPA MST P00226461 8885871719 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBERT BARRY FLEMING 316 WEST MAIN STREET LOUISVILLE KY 40202 3036987 0 X WWW.ACTORSTHEATRE.ORG X 1964 KY TO PROMOTE THE ADVANCEMENT OF THEATRICAL ARTS. 23 22 136 82 0 0 5566072 1794680 111012 274763 5270581 287942 339206 324644 11286871 2682029 0 0 0 0 2065179 2694840 14525 6329 263990 1723236 2211987 3802940 4913156 7483931 -2231127 23324211 21823442 781232 1660405 22542979 20163037 X 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. 0 0 3849860 328872 ACTORS THEATRE OF LOUISVILLE IS THE STATE THEATRE OF KENTUCKY AND A LEADER IN ARTISTIC INNOVATION WITHIN THE THEATRE INDUSTRY, WITH A FOCUS ON SOCIOCULTURAL TRANSFORMATION THROUGH STORYTELLING. UNDER THE LEADERSHIP OF EXECUTIVE ARTISTIC DIRECTOR ROBERT BARRY FLEMING, 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. LED BY PRODUCING DIRECTOR JON JORY AND EXECUTIVE DIRECTOR ALEXANDER SPEER, THE THEATRE ESTABLISHED A COMPLEX IN THE ORIGINAL BANK OF LOUISVILLE BUILDING (THE THIRD-OLDEST BUILDING STILL STANDING IN DOWNTOWN LOUISVILLE), WITH THE PAMELA BROWN AUDITORIUM OPENING IN 1972 AND THE VICTOR JORY THEATRE THE FOLLOWING YEAR. IN 1976, JORY CREATED THE HUMANA FESTIVAL OF NEW AMERICAN PLAYS, WHICH QUICKLY BECAME THE PREMIER NEW PLAY FESTIVAL IN THE NATION AND INTRODUCED MORE THAN 450 PLAYS INTO THE AMERICAN THEATRE REPERTOIRE. ACTORS THEATRE OF LOUISVILLE SERVES RESIDENTS ACROSS LOUISVILLE AND KENTUCKY, AS WELL AS AUDIENCES NATIONWIDE AND INTERNATIONALLY. LAST YEAR, OUR PROGRAMMING REACHED A MULTITUDE OF PEOPLE AND INCLUDED MEMBERS (REPLACING THE FORMER SUBSCRIPTION MODEL), SINGLE TICKET BUYERS, STUDENTS, AND SOCIAL MEDIA AND YOUTUBE SUBSCRIBERS. LOCALLY, WE SERVED THE MAJORITY OF ZIP CODES IN LOUISVILLE AND MANY OF THE COUNTIES ACROSS KENTUCKY. THANKS TO OUR DIGITAL PROGRAMMING, ACTORS THEATRE OF LOUISVILLE HAS REACHED WELL BEYOND OUR REGION TO ENGAGE AUDIENCES IN 47 STATES ACROSS THE U.S. INTERNATIONALLY, WE HAVE REACHED COUNTRIES OUTSIDE OF THE UNITED STATES, INCLUDING MEXICO, CANADA, ENGLAND, AND GERMANY. THIS INCREDIBLE REACH CEMENTS OUR PLACE AS A NATIONALLY-RECOGNIZED THEATRE AND BUILDS LOUISVILLE'S ARTISTIC BRAND ACROSS THE WORLD. 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. NOW IN OUR 59TH YEAR, ACTORS THEATRE OF LOUISVILLE IS A LEADER AMONG REGIONAL THEATRES ACROSS THE UNITED STATES. IN RESPONSE TO THE COVID-19 PANDEMIC, ACTORS THEATRE EMBRACED THE POSSIBILITIES INHERENT IN BOTH OLD AND NEW MEDIA TO BECOME A MULTIPLATFORM ENTERTAINMENT COMPANY, CENTERED IN THEATRICAL EXPERIENCES. THIS YEAR, WE PRESENTED DIGITAL STREAMING PRODUCTIONS, RADIO PLAYS, ANIMATED SHORTS, A PODCAST, LIVE VIRTUAL EVENTS, AND VIRTUAL REALITY EXPERIENCES FOR A REGIONAL AND NATIONAL AUDIENCE. WE ARE THRILLED TO HAVE RECENTLY REINCORPORATED IN-PERSON PERFORMANCES INTO OUR WORK, RESULTING IN A HYBRID MODEL OF BOTH VIRTUAL AND LIVE OFFERINGS THAT ARE ACCESSIBLE THROUGH OUR NEW MEMBERSHIP PROGRAM AND THROUGH SINGLE TICKET SALES.IN ADDITION, EDUCATION AND COMMUNITY ENGAGEMENT INITIATIVES ARE INTEGRAL TO ACTORS THEATRE OF LOUISVILLE. WE HAVE PARTNERED WITH MANY MISSION-ALIGNED ORGANIZATIONS TO SHINE A LIGHT ON AND RAISE FUNDS FOR THEIR WORK THROUGH OUR COMMUNITY DONATION PARTNERSHIPS. MOREOVER, WE HAVE LAUNCHED AN ARRAY OF PROGRAMS TO HOST CIVIC DIALOGUE ON OUR PLATFORMS: UNSCRIPTED, LIVE VIRTUAL DISCUSSIONS FOCUSING ON MYRIAD ISSUES FACING OUR COMMUNITY AND FEATURING LOCAL LEADERS FROM ACROSS THE CITY; BORROWED WISDOM WITH ROBERT BARRY FLEMING, A PODCAST FEATURING CONVERSATIONS WITH LEADING FIGURES FROM A VARIETY OF DISCIPLINES ON A WIDE RANGE OF SOCIAL JUSTICE AND COMMUNITY WELLNESS-RELATED SUBJECTS; AND COMMUNITY CONVERSATION, AN ANNUAL EVENT THAT BRINGS MEMBERS OF THE COMMUNITY TOGETHER TO EXPLORE IMPORTANT TOPICS IN LOUISVILLE'S CULTURAL LANDSCAPE. OUR LEARNING AND CREATIVE ENGAGEMENT OFFERINGS INCLUDE VIRTUAL FIELD TRIPS AND IN-SCHOOL RESIDENCIES, REACHING THOUSANDS OF STUDENTS IN CLASSROOMS AND PERFORMANCE SPACES ACROSS KENTUCKY, AND NATIONALLY THROUGH OUR VIRTUAL FIELD TRIPS AND RESIDENCIES. 3849860 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 136 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X TINA ALLISON 5027447106 316 WEST MAIN STREET LOUISVILLE KY 40202 ROBERT BARRY FLEMING EXECUTIVE ARTISTIC DIRECTOR 60.00 X X 169631 0 13280 SCOTT SCHAFTLEIN PRESIDENT 5.00 X X 0 0 0 SEEMA SHETH VICE-PRESIDENT 1.00 X X 0 0 0 CHRIS COFFMAN TREASURER 1.00 X X 0 0 0 JONATHAN LOWE SECRETARY 1.00 X X 0 0 0 GAURI BHALERAO DIRECTOR 1.00 X 0 0 0 NATALIA BISHOP DIRECTOR 1.00 X 0 0 0 MIA SIMPSON CULP DIRECTOR 1.00 X 0 0 0 ANGIE EVANS DIRECTOR 1.00 X 0 0 0 AARON JAHN DIRECTOR 1.00 X 0 0 0 STEWART LUSSKY DIRECTOR 1.00 X 0 0 0 NIPA PATEL DIRECTOR 1.00 X 0 0 0 MOIRA SCOTT PAYNE DIRECTOR 1.00 X 0 0 0 STUART PERELMUTER DIRECTOR 1.00 X 0 0 0 ANDREW PYLES DIRECTOR 1.00 X 0 0 0 GREGG ROCHMAN DIRECTOR 1.00 X 0 0 0 CORRIE SHULL DIRECTOR 1.00 X 0 0 0 KAILA STORY DIRECTOR 1.00 X 0 0 0 MONICA STEWART DIRECTOR 1.00 X 0 0 0 MAC THOMPSON DIRECTOR 1.00 X 0 0 0 KARL VICTOR DIRECTOR 1.00 X 0 0 0 STACEY WADE DIRECTOR 1.00 X 0 0 0 NICOLE YATES DIRECTOR 1.00 X 0 0 0 PEGGY SHAKE CHIEF FINANCIAL OFFICER 47.00 X 52869 0 10573 TONI CARVER-SMITH DEPUTY DIRECTOR (FROM 1/30/23) 40.00 X 0 0 0 222500 0 23853 1 0 1 0 TP MECHANICAL CONTRACTORS INC 1500 KEMPER MEADOW DR CINCINNATI OH 45240 HVAC SERVICES 360081 1 12200 78872 1703608 50019 1794680 TICKET SALES 711110 134818 134818 CO-PRODUCTION REVENUE 711110 65526 65526 SUBSCRIPTION REVENUE 711110 28362 28362 EDUCATION PROGRAM REVE 711110 26717 26717 TICKET FEES 711110 19340 19340 274763 261988 261988 487 487 459927 179778 280149 280149 280149 168707 66762 75991 -66762 92716 25954 25954 22326 12200 32427 -10101 -10101 MISCELLANEOUS INCOME 900099 44639 44639 AUXILLARY OPERATIONS 900099 9470 9470 54109 2682029 328872 0 558477 246355 109747 90879 45729 1963890 1610565 203753 149572 40999 28951 12039 9 287889 220785 54874 12230 155707 119453 25279 10975 42072 42072 6329 6329 55053 55053 224638 151055 73583 101088 101088 49222 12763 36075 384 123750 99000 18563 6187 12015 12015 321777 236246 85531 48200 45374 2826 535457 484226 51231 155805 133992 21813 GUEST ARTIST TRAVEL & H 229567 229567 PRODUCTION EXPENSES 199006 199006 CREDIT CARD FEES 7656 6202 76 1378 BAD DEBT EXPENSE 1313 1313 105368 49825 24346 31197 4913156 3849860 799306 263990 2955856 983758 613556 778439 637593 294279 45065 43656 17586 17586 99200 93933 26510095 20292786 6429163 6217309 12496770 12501014 29422 12026 0 881442 23324211 21823442 330958 311628 326933 305550 123341 1043227 781232 1660405 X 11690561 9594886 10852418 10568151 22542979 20163037 23324211 21823442 -2231127 -148815 0 X X 0 1 X 1 1 1 X 4151663 3152930 4150751 5566072 1782480 18803896 4151663 3152930 4150751 5566072 1782480 18803896 2486888 16317008 1094140 1001420 733066 738102 722402 4289130 2099 2099 23095125 8000660 0.70650 0.71740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12749148 10435 92476 151035 12701024 12767859 1671 105318 125700 12749148 8971723 2473 4093363 299700 12767859 9486990 33254 191479 740000 8971723 10525789 69857 -368656 740000 9486990 0.18129 0.51719 0.30152 0 0 1381105 1381105 23019621 18362323 4657298 2109369 1930463 178906 6217309 SERP PAYABLE 123341 OPERATING LEASE LIABILITY 919886 1043227 X 2657939 -148815 179778 30963 2626976 55053 55053 2682029 5037881 179778 179778 4858103 55053 55053 4913156 PART V, LINE 4: DONOR RESTRICTED FUNDS ARE TO BE USED FOR SHAKESPEARE PLAYS, THEATRICAL PRODUCTIONS, AND ACTORS ARTISTIC PROGRAMMING. BOARD DESIGNATED FUNDS ARE TO BE USED TO FURTHER THE THEATRE'S CHARITABLE PURPOSE. PART X, LINE 2: THE THEATRE HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE THEATRE RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 179,778. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 179,778. CONVERGENCE BALL 34526 12200 22326 4937 13908 13582 34526 12200 22326 4937 13908 13582 32427 -10101 X X X X X 0 0 0 0 0 0 0 0 0 ROBERT BARRY FLEMING EXECUTIVE ARTISTIC DIRECTOR 168031 0 0 0 1600 0 6846 0 6434 0 182911 0 0 0 X 2 50019 AVG. PRICE ON DONAT. DAY 0 0 1 1 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS NUMBER OF DONORS. PART I, LINE 32B: ACTORS THEATRE OF LOUISVILLE, INC. ENGAGES AN AUCTION HOUSE TO SELL COLLECTIBLES DONATED TO THE THEATRE. FORM 990, PART VI, SECTION B, LINE 11B THE MEMBERS OF THE INTERNAL AFFAIRS COMMITTEE REVIEW AND COMMENT ON THE FORM 990 PRIOR TO ITS FILING. A FINAL VERSION OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE TO DISCLOSE ACTUAL AND APPARENT "CONFLICTS OF INTEREST" IMMEDIATELY TO THE BOARD PRESIDENT AND MANAGING DIRECTOR, EITHER IN WRITING OR STATEMENT THAT WILL BE RECORDED IN THE MEETING MINUTES. MEMBERS WITH A CONFLICT ON PARTICULAR MATTERS WILL BE REQUIRED TO EITHER DISCLOSE THE CONFLICT FOR THE MEETING MINUTES; REMOVE THEIR PERSON FROM THE PORTION OF THE MEETING WHERE THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST IS BEING DISCUSSED; REFRAIN FROM ALL DISCUSSION OF THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST; AND REFRAIN FROM VOTING AT ANY BOARD MEETING ON THE MATTER GIVING RISE TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE IS COMPOSED OF THE BOARD PRESIDENT, THE BOARD IMMEDIATE PAST-PRESIDENT, ONE MEMBER SELECTED FROM THE EXECUTIVE COMMITTEE AND ONE MEMBER SELECTED FROM THE BOARD NOT ON THE EXECUTIVE COMMITTEE. THE FUNCTION OF THIS COMMITTEE IS TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE ARTISTIC DIRECTOR. THIS GROUP REVIEWS EXECUTIVE COMPENSATION AS EACH CONTRACT COMES TO TERM. THEY REVIEW COMPARABLE DATA AMONGST NATIONAL AND LOCAL PEERS, AS WELL AS, FORM 990S OF OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE ORGANIZATION MAINTAINS AN AUDIT AND INTERNAL AFFAIRS COMMITTEE COMPRISED OF DIRECTORS AND INDEPENDENT LOCAL FINANCIAL PROFESSIONALS WHO SELECT THE INDEPENDENT AUDITOR. THE COMMITTEE MEETS WITH THE INDEPENDENT AUDITOR PRIOR TO AND AT THE CONCLUSION OF THE ANNUAL AUDIT, INCLUDING AN EXECUTIVE SESSION WITHOUT MANAGEMENT.