2026-05-14T17:19:02+00:00 2025-06-30 350921680 CROWE LLP 4801 Olympia Park Plaza Suite 4000 Louisville KY 402412098 990 2024-07-01 351186290 Indiana Repertory Theatre Inc INDI 3176355277 140 W Washington St Indianapolis IN 46204 Suzanne Sweeney Managing Director 2026-05-14 true Rachel Spurlock P00520729 5023263996 2026-05-14 2024 2025-03-06 01:10:19Z Suzanne Sweeney 140 W Washington St Indianapolis IN 46204 12780894 false X www.irtlive .com X 1971 IN Rooted in the heart of Indiana, Indiana Repertory Theatre is committed to building a vital, vibrant, and informed community through the transformational power of live theatre. The IRT produces inclusive, top-quality, professional theatre and community programming to engage, surprise, challenge, and entertain members of the whole community. 30 30 216 235 5600 0 5915403 3003309 2518044 2470246 1360678 1709131 213843 726656 10007968 7909342 0 0 4589488 5033719 60000 784265 3170472 3254904 7759960 8348623 2248008 -439281 42074509 43449206 1028491 862218 41046018 42586988 Rooted in the heart of Indiana, Indiana Repertory Theatre is committed to building a vital, vibrant, and informed community through the transformational power of live theatre. The Indiana Repertory Theatre produces inclusive, top-quality, professional theatre and community programming to engage, surprise, challenge and entertain members of the whole community. false false 6466081 0 2728232 The Indiana Repertory Theatre has stood as an artistic institution in the state of Indiana for more than 50 years, a recognized leader in both inclusive artistry and fiscal responsibility. IRT's artistic and educational programming, ranging from theatrical classics to the most compelling new works, serves audiences from across the state, including school districts in more than 50 Indiana counties each year, an impact unequaled by our Indiana theatrical peers. IRT seeks to provide experiences that will engage, challenge, and entertain ALL of Indiana, a state composed of an ever-changing population of ethnicities, backgrounds, and cultures, all with rich histories and dynamic points of view. IRT provides this diverse population with a place where their stories can be presented and shared, where issues of social justice that center on culture and race can be explored. (Continued on Schedule O) 6466081 true true false 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 true false false false false false false false false false false true false false false false false false false false false true 121 0 true 216 true true true false false false false true true false false false false false false X 30 30 true false false false false false false true true false false false true true true true true true true false false false IN X Suzanne Sweeney 3179164810 140 WEST WASHINGTON STREET INDIANAPOLIS IN 46204 Andrew Michie Chair 1.0 X X 0 0 0 Jill Lacy Vice-Chair 1.0 X X 0 0 0 Joy KleinMaier Treasurer 1.0 X X 0 0 0 Julian Harrell Secretary 1.0 X X 0 0 0 Mark Shaffer Past Chair 1.0 X X 0 0 0 Amy Waggoner Board Member 1.0 X 0 0 0 Ashley Garry Board Member 1.0 X 0 0 0 Barath Raman Board Member 1.0 X 0 0 0 Brenda Horn Board Member 1.0 X 0 0 0 Brian Payne Board Member 1.0 X 0 0 0 Brooke Dunn Board Member 1.0 X 0 0 0 Carrie Hagovsky Board Member 1.0 X 0 0 0 Darshan Shah Board Member 1.0 X 0 0 0 Elisha Modisett Kemp Board Member 1.0 X 0 0 0 Kathryn Beiser Board Member 1.0 X 0 0 0 Kathy G Cabello Board Member 1.0 X 0 0 0 Lauren James Board Member 1.0 X 0 0 0 Mary E Phillips Board Member 1.0 X 0 0 0 Matt Jones Board Member 1.0 X 0 0 0 Myra Selby Board Member 1.0 X 0 0 0 Nicholas C Pappas Board Member 1.0 X 0 0 0 Patricia Gamble-Moore Board Member 1.0 X 0 0 0 Peter N Reist Board Member 1.0 X 0 0 0 Rebecca Hutton Board Member 1.0 X 0 0 0 Ricardo L Guimaraes Board Member 1.0 X 0 0 0 Rita Patel Board Member 1.0 X 0 0 0 Ron Gifford Board Member 1.0 X 0 0 0 Sarah Jenkins Board Member 1.0 X 0 0 0 Shelly Smith Board Member 1.0 X 0 0 0 Tom Froehle Board Member 1.0 X 0 0 0 Benjamin Hanna Artistic Director 40.0 X 176783 0 23796 Suzanne C Sweeney Managing Director 40.0 X 209904 0 22719 386687 0 46515 2 false true false 0 185336 64000 2753973 41824 3003309 Ticket Sales 711110 2271149 2271149 Other Production Revenue 711110 22500 22500 Box Office Handling Fee 711110 102533 102533 Acting Classes and Education 711110 74064 74064 0 0 0 0 2470246 1284415 1284415 21202 21202 0 21202 21202 5254678 4829962 424716 0 424716 424716 55185 185336 38456 16729 16729 11312 3134 8178 8178 Concession Revenue 900099 177160 177160 Program Advertising 541800 5600 5600 COSTUME/PROP RENTAL 900099 2603 2603 495184 70045 0 425139 680547 7909342 2728232 5600 2172201 421428 195204 149790 76434 3788220 3093343 311550 383327 198842 184221 11274 3347 341029 261794 49051 30184 284200 221886 34899 27415 13667 13667 139183 53357 81321 4505 60000 60000 106080 106080 713408 570507 121900 21001 234154 230612 3542 323320 267063 30410 25847 154751 154751 735565 599478 71368 64719 331076 290663 18652 21761 95930 60081 29949 5900 Production Materials 174934 174934 Hospitality 121548 53432 21579 46537 Dues & Subscriptions 59025 32357 25321 1347 Auditions 18827 18827 33436 3571 21466 8399 8348623 6466081 1098277 784265 4001 4001 3590986 1743610 2091101 2094396 25677 62524 0 0 0 0 43331 44334 135736 87667 15052284 12582194 1968633 2470090 22576207 24728528 0 0 11638837 12214056 42074509 43449206 128305 99495 900186 762723 0 0 0 0 1028491 862218 X 5252645 5338350 35793373 37248638 41046018 42586988 42074509 43449206 X -439281 1673415 306836 X false true true false X 3887155 5517369 4621450 5915403 3003309 22944686 0 99272 101754 104298 106905 109578 521807 3986427 5619123 4725748 6022308 3112887 23466493 4006585 19459908 331855 927658 554107 688757 1305617 3807994 0 0 0 0 0 42976 58936 83009 52788 66497 304206 27578693 11026048 0.70561 0.74322 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING, COLUMN A - 42976.0, COLUMN B - 58936.0, COLUMN C - 72806.0, COLUMN D - 52225.0, COLUMN E - 55185.0, COLUMN F - 282128.0; DESCRIPTION - SALE OF INVENTORY, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 10203.0, COLUMN D - 563.0, COLUMN E - 11312.0, COLUMN F - 22078.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30217049 150000 3501297 1173874 106080 32588392 23821652 3723000 3891545 1125869 93279 30217049 22663811 31000 2118275 900430 91004 23821652 26176411 -95 -2603641 0 814430 94434 22663811 20533869 -1982 6514320 0 728324 141472 26176411 0.0 0.62 0.38 true false 9789248 8368981 1420267 5263036 4213213 1049823 2470090 Beneficial Interest in Assets Held by Others 12214056 12214056 Federal Income Taxes Grant Advance Liability 0 X 9843460 1673415 18360 348423 2040198 7803262 106080 0 106080 7909342 8302490 18360 41587 59947 8242543 106080 0 106080 8348623 Schedule D, Part V, Line 4 Intended uses of endowment funds 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 secure, long-term sustainability of the Indiana Repertory Theatre (IRT). Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Theatre is generally exempt from income taxes on income from related activities under Section 501(c) (3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the Theatre has been determined not to be a private foundation under Section 509(a) of the Internal Revenue Code. A tax position is recognized as a 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" test, no tax benefit will be recorded. 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 incur any unrelated business income tax expense for the years ended June 30, 2025 and 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Cost of Goods Sold - 3133 Special Event Expense - 38454 Change In Value of Beneficial Interest - 306836 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of Goods Sold - 3133 Fund Raising Event - 38454 X X X X X X true Steven Stolen 3248 N Washington Blvd Indianapolis IN 46205 Fundraising Consultation false 317500 60000 257500 317500 60000 257500 IN Radio Show 240521 185336 55185 9387 17969 11100 0 0 240521 185336 55185 9387 17969 11100 38456 16729 X true true X X X X X false false false false false false false false false Suzanne C Sweeney Managing Director 198438 0 10000 0 1466 0 2129 0 20590 0 232623 0 0 0 Benjamin Hanna Artistic Director 176504 0 0 0 279 0 1814 0 21982 0 200579 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees The IRT provides as a benefit to all full-time employees an allowance of up to $10 monthly towards a YMCA membership. The Artistic Director and Managing Director both participate in this program. This benefit was recorded as taxable to all employees. 5 41824 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part III, Line 4a Continued from Part III Moreover, the Theatre aims to do more than create a dynamic where these stories are passively viewed onstage - conversations must be held to show how these issues affect our community as a whole, and how action might be taken to find common ground and equitable social advancement. Rooted in the heart of Indiana, IRT is committed to building a vital, vibrant and informed community through the transformational power of live theatre. IRT produces inclusive, top-quality, professional theatre and community programming to engage, surprise, challenge and entertain members of the whole community. In fulfilling this mission, we have created a rich legacy of more than 300 classic and contemporary productions, ranging from Shakespeare to Shaw to August Wilson. The theatre also has a long-standing commitment to create and present new works, producing 34 world premieres (20 that we commissioned) and four American premieres. Since its founding in 1971, IRT has grown into one of the leading regional theatres in the country, with its national reputation confirmed by prestigious grants from the Joyce Foundation, the Lila Wallace-Reader's Digest Fund, the Theatre Communications Group-Pew Charitable Trusts, the Shubert Foundation, the Kresge Foundation, and multiple awards from the National Endowment for the Arts, totaling more than $640,000. IRT's 2024-25 season offered a wide assortment of programming, from literary classics to hit musicals of the modern age: the season began with two-time Tony Award winning musical THE 25TH ANNUAL PUTNAM COUNTY SPELLING BEE, in which a motley crew of wonderfully unique and impassioned young spellers each yearn to be the next county champion; the beloved CHARLES DICKENS' A CHRISTMAS CAROL, returned to shine a light on the power of kindness and love through one man's journey to redemption; KING JAMES, set during LeBron James' rookie season in Cleveland, offered a warm, surprising, touching comedy about friendship, loyalty, loss; NINA SIMONE: FOUR WOMEN poignantly showed how, in the depths of the Civil Rights struggle, the High Priestess of Soul used song as a means of expressing the nation's anguish-and resilience; A true American classic, THE GLASS MENAGERIE saw playwright Tennessee Williams probe the depths of inescapable memory while looking back at his own family with bittersweet tenderness; and finally, the intrepid thespians of the Cornley Drama Society were more or less ready to raise the curtain on the grandest production the village has ever seen, The Murder at Haversham Manor-until things went from bad to calamitous in THE PLAY THAT GOES WRONG. The Christel DeHaan Student Matinee Program at the IRT allows students of diverse backgrounds to see their lives and concerns brought to life by performers who look like them and represent the complex, multi-cultural world in which they live. The Theatre's successful history of over 40 years of student matinees has shaped generations of Hoosiers, with more than 1.25 million students having seen their first live play at the IRT. The 2024-25 Season saw a total of 20,518 students in attendance, the highest total since the pandemic. IRT's Cohen Education Fund, which offers ticketing underwriting for fiscally challenged students, provided schools $61,630 in support throughout the season, an increase of more than 16% from the previous year, with an average underwriting discount of $7.04 on the already low-priced student tickets. Community connections are strengthened through a range of collaborations, such as work with the Central Indiana Community Foundation and local universities; these relationships have been central to examining racial issues, gender roles, and more through community conversations and panel discussions connected to IRT productions. Additional work has forged relations with the Mayor's Office, Leadership Indianapolis, Women's Fund of Central Indiana, RISE Indy, and others. An effective partnership with Autism Society of Indiana was instrumental in the Theatre's expansion of services to audiences with differing sensory needs. IRT is an active partner in the Access Pass program, offering $5 tickets to families receiving financial assistance through the state. Form 990, Part VI, Line 15b PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS The Artistic Director and Managing Director are the only individuals compensated by the organization who are considered to be officers; therefore, this question has been answered "no.e that the Managing Director shares responsibility of top management official with the Artistic Director, in addition to serving in the capacity of top financial official. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee of the Board of Directors consists of the following individuals: Chair of the Board of Directors Vice-Chair of the Board of Directors Secretary of the Board of Directors Treasurer of the Board of Directors Past Chair of the Board of Directors Chair of the audit committee Chair of the investment committee During intervals between meetings of the Board of Directors, the Executive Committee shall have and exercise all of the authority of the Board of Directors in the management of the Corporation, except where prohibited by law. The Executive Committee shall document the minutes of its proceedings to be held and filed with the minutes of the proceedings of the Board of Directors. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Julian Harrell-Brooke Dunn - Business relationship, Julian Harrell-Tom Froehle - Business relationship, Brooke Dunn-Tom Froehle - Business relationship, Mark Shaffer-Matt Jones - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 is reviewed in detail by the management of the organization. A copy of the full form 990 was provided to every member of the governing body for comments or questions before it was filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy A conflict of interest questionnaire is completed by each Board member and by members of management annually. The Board Governance 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. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Artistic Director and the Managing Director share the responsibility for the management of the company. Both positions report to and are supervised by the Board of Directors. The Board of Directors has authorized the creation of a governance committee of the board that has responsibility for: 1) setting the annual performance objectives of both the artistic director and managing director, 2) evaluating their performances against those objectives and 3) recommending to the Board of Directors any changes to their annual compensation. In formulating its recommendation to the Board of Directors, the governance committee has access to and periodically refers to salary survey data obtained from comparable theaters across the country from Theatre Communications Group, as well as salary surveys of local not-for-profit organizations. The committee also reviewed other organizations' 990 filings and written contracts for other arts leaders. The governance committee evaluates this data in combination with the performance of the artistic director/managing director and the financial condition of the company. THIS PROCESS WAS LAST UNDERTAKEN DURING JUNE 2025. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Legal Settlment - Total Revenue: 425139, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 425139; Miscellaneous - Total Revenue: 70045, Related or Exempt Function Revenue: 70045, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Beneficial Interest held by others - 306836; Total - 306836;