The Point Theater Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE POINT THEATER DEVELOPS CHARACTER AND CREATIVITY IN KIDS OF ALL AGES THROUGH QUALITY THEATER ARTS TRAINING THAT BRINGS FAMILIES AND COMMUNITIES TOGETHER WHILE REFLECTING THE CREATOR
- Income
- $489,621
- Spending
- $461,060
- Spent on programs
- 64%
- Reserves
- 11.8 months of spending
- Largest source of income
- fees for its services, 83%
- Employees
- 14
- Volunteers
- 150
- Highest pay
- $75,000, artistic dir
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 86 out of 100. Higher than 71% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 11.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 18% on the year before.
Spending floor
8 of 1564% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 58 out of 100. Higher than 27% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 256 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $4,479 spent. CLASSROOM EDUCATION: THREE SESSIONS OF MULTIPLE THEATER RELATED CLASSES SERVING AN AVERAGE OF 110 STUDENTS PER SESSION. EACH SESSION OFFERS TRAINING IN THEATER. VOICE, DANCEMAND TECHNICAL TRAINING TO STUDENTS RANGING IN AGE FROM 8-18 IN THE NORTHERN INDIANPOLIS AREA.
- $171,960 spent. THEATER PERFOMANCES: HELD 5 FULL SCALE MUSICAL THEATER PRODUCTIONS AND 3 PLAYS WITH APPROXIMATLEY 300 STUDENTS FROM 8-18 YEARS OF AGE PARTICIPATING.
- $18,063 spent. SUMMER CAMP INSTRUCTION: HELD FOUR WEEKS OF IN PERSON SUMMER CAMPS DEDICATED TO THEATER ARTS TRAINING AND PRODUCTION WITH APPROXIMATLEY 250 STUDENTS IN ATTENDENCE.
- $99,248 spent. FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS
- FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.