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Passes our checks

Urban Musical Theatre Inc

EIN 75-3233688 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceWeak46 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE ARTS PROGRAMS TO AFRICAN-AMERICANS AND TO PRODUCE PROFESSIONAL THEATRE THAT PROMOTES AND CELEBRATED THE AFRICAN-AMERICAN EXPERIENCE, ATTRACT DIVERSE AUDIENCES, SUPPORT AND DEVELOP ARTIST OF COLOR IN SINGING DANCING AND ACTING AND BUILD SELF-ESTEEM.

Income
$430,269
Spending
$485,028
Spent on programs
82%
Reserves
-0.2 months of spending
Largest source of income
donations and private grants, 66%
Employees
0
Volunteers
0
Highest pay
$40,000, executive director/vice chairman

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100. Higher than 13% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 13% of income.

  • Income trend

    5 of 15

    Income fell 19% on the year before.

  • Spending floor

    15 of 15

    82% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 46 out of 100. Higher than 11% of charities in its peer group (arts and culture, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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 (2)
  1. $383,475 spent. LIVE THEATRE AND MUSICAL TRAINING: LIVE THEATRE AND MUSICAL TRAINING IS THE CORE OF OUR ORGANIZATION AND ARTS PROGRAMMING AT INDIANA PERFORMING ARTS THEATRE. OUR ARTS EDUCATION AND ARTS PROGRAMMING ARE DESIGNED TO DEVELOP YOUTH AND ADULTS IN ACTING, SINGING, DANCE AND MUSIC. ESPECIALLY THE UNDERSERVED AND UNDER REPRESENTED ARTISTS OF COLOR AND LOW-INCOME STUDENTS AND CONTINUATION OF LIVE STAGE PRODUCTIONS TO THE COMMUNITY AND WE TOUR PRODUCTIONS INTO SMALLER CITIES THAT LACK DIVERSITY IN THE ARTS AND PERFORMANCE THAT SHOWCASE MUSICAL AND PLAYS THAT SHOWCASE ARTIST OF COLOR.
  2. $14,534 spent. ARTS EDUCATION: WORKSHOPS AND TRAINING INSTRUCTIONS IN ACTING, SINGING, DANCE, MUSIC AND VOCAL LESSONS AND SCRSCRIPT READING IN A SERIES OF WORKSHOPD AND SPECIALTY TRAINING. MUSICAL THEATRE TRAINING IS OFFERED IN 3 SESSIONS PER YEAR, SPRING, SUMMER, AND FALK, 3 MONTH SESSIONS PER OFFERING, 10-12/HR PER WEEK. PARTICIPANTS LEARN THE FUNDAMENTALS AND BUILD SKILLS, WHILE ALSO LEARNING HOW TO WORK IN GROUPS AND BUILDING SELF-ESTEEM, AND CONFIDENCE THAT RESULTS IN BUILDING COMPETENCY IN PERFORMING ON STAGE AND PERFORMING IN FRONT OF LIVE AUDIENCES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.