Actors Theatre of Louisville Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $2.4 million
- Spending
- $5.0 million
- Spent on programs
- 77%
- Reserves
- 4.7 months of spending
- Largest source of income
- investment income, 49%
- Employees
- 129
- Volunteers
- 90
- Highest pay
- $198,051, exec. artistic direc. thru 01/2025
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 26% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 4.7 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
0 of 15Spending exceeded income by 107% of income.
Income trend
0 of 15Income fell 62% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 34 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a 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
10 of 10Gave 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
15 of 15Its accounts were audited 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 May 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 (1)
- $3.9 million spent. 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. THE THEATRE ESTABLISHED A COMPLEX IN THE ORIGINAL BANK OF LOUISVILLE BUILDING (THE THIRD-OLDEST BUILDING STILL STANDING IN DOWNTOWN LOUISVILLE), AND STILL OCCUPIES THIS BUILDING WITH THREE FULLY OPERATING THEATRE VENUES.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. ACTORS THEATRE OF LOUISVILLE PRIMARILY SERVES LOUISVILLE, KY AS WELL AS SOUTHERN INDIANA AND SEEKS TO CELEBRATE AND SERVE OUR REGION AS THE STATE THEATRE OF KENTUCKY.THIS SEASON WE FEATURED SEVERAL FULLY PRODUCED PRODUCTIONS INCLUDING DRACULA, FLEX, AND HERSHEL AND THE HANUKKAH GOBLINS. EDUCATION AND COMMUNITY ENGAGEMENT INITIATIVES ARE INTEGRAL TO ACTORS THEATRE OF LOUISVILLE AND THE ORGANIZATION OFFERS STUDENT MATINEES, IN-SCHOOL RESIDENCIES, AND A SERIES OF LIFELONG LEARNING AND ENGAGEMENT OFFERINGS. AS AN ARTS AND CULTURE SERVICE ORGANIZATION, ACTORS THEATRE OF LOUISVILLE SEEKS TO BE A PLACE OF BELONGING SUPPORTING THE WELL BEING AND FULL FLOURISHING OF ALL.
Source: Form 990 for the year ending May 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 October 13, 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 November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.