Better Business Bureau Report for
Actors Theatre of Louisville

Better Business Bureau Report issued November 2009
Better Business Bureau Report expires February 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Actors Theatre of Louisville
Address: 316 W. Main Street
  Louisville, KY 40202
Phone: 502-584-1265
Web Address: www.actorstheatre.org
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Better Business Bureau Comments

Year, State Incorporated: 1964, Kentucky
Affiliates: None

Stated Purpose: Actors Theatre's purpose is to bring people together through live theatre to celebrate, challenge and explore who we are.

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Evaluation Conclusions

               

Actors Theatre of Louisville meets the 20 Standards for Charity Accountability.
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Programs

               

Actors Theatre of Louisville produces professional live theatrical plays.

For the fiscal year ended May 31, 2010, Actors Theatre of Louisville's program expenses were:

  
Artistic 2,511,886
Production 2,022,914
Marketing & Promotion 1,014,974
Occupancy 622,806
Auxiliary Operations 592,971
Audience Services and Sales 519,693
Depreciation 468,246
Total Program Expenses: $7,753,490
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Governance

               

Chief Executive : Jennifer Bielstein, Managing Director
Compensation*:

Chair of the Board: Michael Keyes
Chair's Profession / Business Affiliation: Brown-Forman

Board Size: 38

Paid Staff Size: 110

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Fund Raising

               

Method(s) Used:

Fund raising methods include direct mail, telephone, invitations to fund raising events, grant proposals, internet, and planned giving arrangements
Fund raising costs were 11% of related contributions. (Related contributions, which totaled $3,226,720, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on the agency’s audited financial statements for the year that ended May 31, 2010.

Ending net assets as reported below include $17,731,571 in unrestricted net assets , $931,732 in temporarily restricted net assets, and $5,358,873 in permanently restricted net assets.

Total assets as reported include $12,287,645 invested in land, buildings, and equipment.


Source of Funds  
Ticket Revenue 3,542,236
Contributions-Government, Foundations, Corporate 2,287,083
Auxiliary Operations 1,008,847
Contributions-Individuals 834,811
Investment income, net 613,235
Other Earned 187,806
Fundraising Events 104,826
Total Income $8,578,844


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Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 3%  Administrative: 11%  Other Expenses: 7%

Total income   $8,578,844
  Program expenses $7,753,490
  Fund raising expenses 338,833
  Administrative expenses 1,052,708
  Other Expenses 689,734
Total expenses   $9,834,765
Expenses in Excess of Income   (1,255,921)
Beginning net assets   25,278,097
Ending net assets   24,022,176
Total liabilities   1,678,984
Total assets   $25,701,160

This report was originally issued in November 2009. Financial information in the report was updated in January 2011.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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