2012-05-15T12:00:27-05:00 2011-06-30 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2010-07-01 351186290 INDIANA REPERTORY THEATRE INC INDI 3176355277 140 W Washington St Indianapolis IN 46204 SUZANNE SWEENEY 2012-04-15 true 3175698989 2010 2016-02-24 21:20:13Z STEVEN STOLEN 140 W Washington St Indianapolis IN 46204 5114463 false X WWW.IRTLIVE .COM X 1971 IN THE MISSION OF INDIANA REPERTORY THEATRE IS TO PRODUCE TOP-QUALITY PROFESSIONAL THEATRE THAT ENGAGES, SURPRISES, CHALLENGES, AND ENTERTAINS PEOPLE THROUGHOUT THEIR LIFETIMES. 43 42 248 500 37550 -7631 2337240 2336329 2408731 2235015 128428 178915 214816 245113 5089215 4995372 0 0 0 0 3291330 3459308 36253 41811 527383 2704616 2711141 6032199 6212260 -942984 -1216888 17028512 17551798 1055964 1110911 15972548 16440887 X FOUNDED IN 1972, THE INDIANA REPERTORY THEATRE IS INDIANA'S PREMIER PROFESSIONAL THEATRE, THE LEADING FULLY PROFESSIONAL, RESIDENT, NOT-FOR-PROFIT THEATRE IN THE STATE. WE ARE COMMITTED TO ARTISTIC EXCELLENCE; COMMUNITY SERVICE; AND A DIVERSITY OF PROGRAMMING, INCLUDING TELLING PLACE-SPECIFIC STORIES THAT DIRECTLY REFLECT THE LIVES OF OUR COMMUNITY-INDEED, USING THEATRE ARTS TO EXPLORE HOME. THIS INTRINSIC ORGANIZATIONAL COMMITMENT IS CLEARLY EXPRESSED IN OUR MISSION: LIVE THEATRE CONNECTS US TO MEANINGFUL ISSUES IN OUR LIVES AND HAS THE POWER TO SHAPE THE HUMAN EXPERIENCE. (CONTINUED IN SCHEDULE O) false false 4708517 0 2392396 THE IRT'S PRIMARY ARTISTIC ACTIVITIES ARE OUR STAGE PRODUCTIONS, INCLUDING OUR SIX-PLAY SUBSCRIPTION SERIES, OUR PROGRAMMING FOR YOUNG AUDIENCES, AND OUR HOLIDAY OFFERING, A MUCH-LOVED ADAPTATION OF CHARLES DICKENS' A CHRISTMAS CAROL. OUR TWO PERFORMING SPACES, THE PROSCENIUM MAINSTAGE AND THE THREE-QUARTER THRUST UPPERSTAGE OFFER CREATIVE FLEXIBILITY IN SELECTING PLAYS AND PLANNING PRODUCTIONS. (CONTINUED IN SCHEDULE O) 4708517 true true false false false false false false true true false false true false true true false false false false false false true true false false false false false false false false false false false false true true false false false false false false false false false true 70 0 true 248 true true true false false false false true true false false false false X 43 42 false false false false false false false true true false false true true true true true false false false false IN X SUZANNE SWEENEY 3179164820 140 WEST WASHINGTON STREET INDIANAPOLIS IN 46204 SUZANNE SWEENEY 40 X 83786 0 9676 STEVEN STOLEN 40 X 121653 0 10392 JANET ALLEN 40 X 121561 0 16994 ALAN MILLS 1 X 0 0 0 DAVID WHITMAN 1 X X 0 0 0 L ALAN WHALEY 1 X 0 0 0 WILLIAM VARANKA 1 X 0 0 0 LORELEI TOLSON 1 X 0 0 0 EUGENE TEMPEL 1 X X 0 0 0 ERIC STOVALL 1 X 0 0 0 MARTA SPENCE 1 X 0 0 0 WILLIAM SMITH 1 X 0 0 0 MIKE SIMMONS 1 X 0 0 0 SHARI ALEXANDER RICHEY 1 X 0 0 0 ANA PINTO-ALEXANDER 1 X 0 0 0 VICKI PERRY 1 X 0 0 0 DAVID PENTZIEN 1 X X 0 0 0 CHARLIE MORGAN 1 X 0 0 0 NADINE GIVENS 1 X X 0 0 0 RANDALL LEWIS 1 X X 0 0 0 SARAH LECHLEITER 1 X 0 0 0 DAVID KLEIMAN 1 X 0 0 0 DAVID KLAPPER 1 X 0 0 0 THOMAS JENKINS 1 X 0 0 0 FRANK ESPOSITO 1 X 0 0 0 ROBERT HICKS 1 X 0 0 0 DAVID HORTH 1 X 0 0 0 BRUCE HETRICK 1 X 0 0 0 JEFFREY HENRY 1 X 0 0 0 JOHN HAMMOND 1 X 0 0 0 JUAN GONZALEZ 1 X 0 0 0 AMY GRIMAN 1 X 0 0 0 THOMAS FROEHLE 1 X 0 0 0 JAMES FREEMAN 1 X 0 0 0 DANIEL EMERSON 1 X 0 0 0 GARY COHEN 1 X 0 0 0 ELIZABETH CISCO 1 X 0 0 0 JULIA CARPENTER 1 X 0 0 0 BRIAN BARKER 1 X 0 0 0 KRISTIN ALTICE 1 X 0 0 0 RANDY BROWN 1 X 0 0 0 MICHAEL HARRINGTON 1 X 0 0 0 MICHAEL MORIARTY 1 X 0 0 0 BECCA POLAK 1 X 0 0 0 JAMES REED 1 X 0 0 0 MARYA ROSE 1 X 0 0 0 327000 0 37062 2 false false false 0 159388 165033 2011908 52910 2336329 TICKET SALES 2101424 2101424 OTHER PRODUCTION REVENUE 70000 70000 ACTING CLASSES AND EDUCATION 63591 63591 0 0 0 0 2235015 178915 178915 0 0 15682 2534 13148 0 13148 13148 0 0 0 51530 159388 94983 -43453 -43453 0 9455 21574 -12119 -12119 CONCESSIONS REVENUE 92606 92606 BOX OFFICE HANDLING FEE 67524 67524 PROGRAM ADVERTISING 37550 37550 89857 89857 0 0 287537 4995372 2392396 37550 229097 0 0 0 0 334106 116883 174160 43063 0 2421525 1999104 254779 167642 134429 134429 312439 214468 68063 29908 256809 198892 44186 13731 0 5382 5382 64090 1822 51739 10529 0 41811 41811 36400 36400 614815 561960 13239 39616 136442 136442 153836 90419 41556 21861 29690 29690 114601 114601 473434 408469 51118 13847 114579 42110 10736 61733 0 0 8279 8279 0 440930 376757 45542 18631 99525 99525 PRODUCTION MATERIALS 139022 139022 PRINTING 200768 149417 671 50680 79348 23722 41295 14331 6212260 4708517 976360 527383 0 2100 2128 1080339 479887 249721 336980 28843 30130 16534 10134 2364510 2271634 11120989 7716892 3612860 3404097 4455270 5168451 0 0 0 0 5218335 5848357 17028512 17551798 316459 336911 739505 774000 0 0 1055964 1110911 X 6136645 5819753 763295 1573526 9072608 9047608 15972548 16440887 17028512 17551798 X -1216888 1685227 X false true true X false X 2177570 5203209 2211670 2337240 2336329 14266018 0 0 2177570 5203209 2211670 2337240 2336329 14266018 4519909 9746109 503174 399613 251037 134276 194597 1482697 0 0 0 412150 291205 348522 1051877 16800592 3243758 0.58010 0.58370 X OTHER INCOME, FORM 990, SCHEDULE A, PART II, SECTION B, LINE10, 2008 $412,150 2009 $291,205 2010 $348,522 TOTAL OTHER INCOME $1,051,877, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9024017 1799682 537680 36350 10249669 8305861 75520 1219615 0 538628 38351 9024017 11113883 -2179856 590870 37296 8305861 0.00000 1.00000 true false 0 0 8004846 5554077 2450769 3116143 2162815 953328 0 3404097 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 5740494 CSV OF LIFE INSURANCE POLICY 107863 5848357 0 0 4995372 6212260 -1216888 1685227 0 1685227 468339 6915075 1685227 115385 0 1800612 5114463 -119091 -119091 4995372 6446736 115385 119091 234476 6212260 0 0 6212260 Intended uses of endowment funds Schedule D, Part V, Line 4 THE PURPOSE OF THE ENDOWMENT FUND IS TO FACILITATE DONORS' DESIRES TO MAKE SUBSTANTIAL LONG-TERM GIFTS TO THE THEATRE WHICH DEVELOP A NEW AND SIGNIFICANT SOURCE OF REVENUE FOR THE THEATRE. THE FUNDS WILL PROVIDE A SECURE, LONG-TERM SOURCE OF FUNDS TO ENSURE LONG-TERM GROWTH OF THE IRT. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE THEATRE HAS ADOPTED GUIDANCE WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. A TAX POSITION IS RECOGNIZED AS A TAX BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TAX, NO TAX BENEFIT WILL BE RECORDED. THE THEATRE IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2008. THE THEATRE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECORDED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE THEATRE RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE THEATRE DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2011 OR 2010. X X X X X X X true DCM INC 45 MAIN STREET SUITE 118 BROOKLYN NY 11201 CONSULTING false 163678 41811 121867 163678 41811 121867 IN IRT RADIO SHOW 210918 159388 51530 7394 40843 3410 43336 0 0 210918 159388 51530 0 0 7394 40843 3410 43336 94983 -43453 VICKI PERRY BOARD MEMBER IS CEO OF ADVANTAGE HEALTH 254284 HEALTH INSURANCE COVERAGE FOR EMPLOYEES false X 16 52910 MARKET VALUE 0 false false false PROGRAM SERVICE DESCRIPTION FORM 990, PART III, LINE 4A (CONTINUED FROM PART III) WE RESERVE 40 PERCENT OF OUR SEASON PERFORMANCE SCHEDULE FOR STUDENT AUDIENCES, AND OUR CURRICULUM GUIDE GIVES TEACHERS PRACTICAL SUGGESTIONS FOR USING THEATRE AS A CATALYST TO ENHANCE CURRICULA AND DEVELOP STUDENT PROFICIENCY. A POST-SHOW DISCUSSION BETWEEN CAST MEMBERS AND STUDENTS IS OFFERED AFTER EACH STUDENT MATINEE, AND SELECTED PRODUCTIONS ARE ALSO ENHANCED BY IRT-CREATED STUDY GUIDES AND TEACHER PACKETS, WHILE ARTISTS-IN-THE CLASSROOM SESSIONS ARE DESIGNED TO SUIT SPECIFIC CURRICULUM NEEDS. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) FROM THE COMIC TO THE SERIOUS, FROM THE CLASSIC TO THE CONTEMPORARY, OUR 2010-2011 SEASON OFFERED OUR AUDIENCES RICH AND RESONANT DRAMATIC EXPERIENCES, INCLUDING THE WORLD PREMIER OF A PLAY BY CHARLES SMITH, THE GOSPEL ACCORDING TO JAMES, A CO-PRODUCTION OF THE DIARY OF ANNE FRANK WHICH PLAYED TO LARGE STUDENT AND PUBLIC HOUSES, AND A REPRISE OF OUR POPULAR SOLO FESTIVAL, A FESTIVAL OF THREE ONE-ACTOR PLAYS PERFORMED IN REPERTORY. AS INDIANA'S PREMIER PROFESSIONAL THEATRE, EACH SEASON THE IRT FULFILLS ITS MANDATE TO SERVE AS THE STATE'S THEATRE ARTS EDUCATION CENTER AND AS A CREATIVE RESOURCE FOR TEACHERS. THE MISSION OF THE INDIANA REPERTORY THEATRE IS TO PRODUCE TOP-QUALITY, PROFESSIONAL THEATRE AND RELATED ACTIVITIES, PROVIDING EXPERIENCES THAT ENGAGE, SURPRISE, CHALLENGE, AND ENTERTAIN PEOPLE THROUGHOUT THEIR LIFETIMES, THEREBY HELPING TO BUILD A VITAL AND VIBRANT COMMUNITY. IN FULFILLING OUR MISSION, WE HAVE CREATED A RICH LEGACY OF MORE THAN 300 CLASSIC AND CONTEMPORARY PRODUCTIONS, RANGING FROM SHAKESPEARE TO SHAW TO AUGUST WILSON; AND, WE ARE THE ONLY PROFESSIONAL PRODUCER OF PRE-20TH CENTURY DRAMATIC LITERATURE IN INDIANA. AS WELL, THE THEATRE HAS A LONG-STANDING COMMITMENT TO CREATE AND PRESENT NEW WORKS, PRODUCING 30 WORLD PREMIERES (17 THAT WE COMMISSIONED) AND THREE AMERICAN PREMIERES, INCLUDING THE WORK OF JAMES STILL, OUR PLAYWRIGHT-IN-RESIDENCE SINCE 1998. STILL AND THE THEATRE ARE TWO-TIME RECIPIENTS OF THE TCG/PEW CHARITABLE TRUSTS NATIONAL THEATRE ARTIST RESIDENCY GRANTS. THE POSITIVE IMPACT OF OUR RICH ARTISTIC HERITAGE AND CREATIVE COMMITMENT HAS BEEN RECOGNIZED BY OUR PEERS AND PRIVATE AND PUBLIC FUNDERS. SINCE FY98, THE IRT HAS RECEIVED 21 GRANTS FROM THE NATIONAL ENDOWMENT FOR THE ARTS (NEA) TOTALING MORE THAN $600,000, AND GARNERED ACCOLADES FROM NATIONAL REVIEW PANELS FOR OUR ARTISTIC EXCELLENCE, PUBLIC OUTREACH, AND EDUCATIONAL EXPERTISE. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11a THE FINANCE COMMITTEE OF THE IRT REVIEWED THE FORM 990 IN DETAIL. AFTER THEIR REVEIW, A COPY OF THE 990 WAS PROVIDED TO EVERY MEMBER OF THE GOVERNING BODY FOR COMMENTS OR QUESTIONS BEFORE IT WAS FILED WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED BY EACH BOARD MEMBER AND BY MEMBERS OF MANAGEMENT ANNUALLY. THE BOARD ENGAGEMENT COMMITTEE REVIEWS THE QUESTIONNAIRES. ANY CONFLICTS ARE HANDLED BY THE BOARD CHAIR, AND ANY BOARD MEMBER WITH A POTENTIAL OR ACTUAL CONFLICT OF INTEREST WOULD ABSTAIN FROM VOTING ON ANY ISSUES SURROUNDING THAT CONFLICT. Public Disclosure Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PROCESS USED TO ESTABLISH COMPENSATION FOR TOP MANAGEMENT OFFICIAL FORM 990, PART VI, SECTION B, LINE 15A THE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR SHARE THE ROLE OF THE TOP MANAGEMENT OFFICIAL. A SEARCH COMMITTEE OF THE BOARD REVIEWED AND APPROVED THEIR COMPENSATION. THE COMMITTEE USED COMPARABILITY DATA PROVIDED BY A COMPENSATION CONSULTANT IN THEIR DETERMINATION. THE PROCESS IS NOT DOCUMENTED. THE COMPARABILITY DATA WAS LAST USED IN FISCAL YEAR 2009. ANNUAL INCREASES SINCE THAT TIME HAVE APPROXIMATED COST OF LIVING ADJUSTMENTS. PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS FORM 990, PART VI, SECTION B, LINE 15B THE COMPENSATION OF THE OTHER OFFICERS IS DETERMINED BY THE ARTISTIC DIRECTOR AND THE MANAGING DIRECTOR, USING INDUSTRY SALARY DATA. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 1685227;