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Arts, Culture, Humanities : Performing Arts

Asolo Repertory Theatre

Florida's premier professional theatre

four stars

96.11

5555 North Tamiami Trail Sarasota, FL 34243
tel: (941) 351-9010   Web Site
EIN: 59-2717909

Board Leadership
Ann Charters
President

CEO
Linda DiGabriele
Managing Director

  Score
(out of 100)
Rating
Overall Score & Rating 96.11 four stars
  Financial 96.24 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Asolo Repertory Theatre, Florida's premier professional theatre, is one of the most important cultural forces in the Southeastern United States. A center for theatrical excellence, Asolo Rep stages up to fifteen productions every season, spanning a diverse repertoire of newly commissioned plays, bold reinterpretations of contemporary and classical works, and provocative new musical theatre experiences. Asolo Rep is a major force in Sarasota's rich arts scene, whose quality and depth rivals some of the largest urban centers in the country. Asolo Rep is annually the creative home of more than 100 artists, technical craftsmen, and administrative staff. Its talented and accomplished resident acting company is complemented by top flight, award-winning directors, designers, and guest artists who come to Sarasota from around the country and around the world.

Asolo Repertory Theatre, Florida's premier professional theatre, is one of the most important cultural forces in the Southeastern United States. A center for theatrical excellence, Asolo Rep stages up to fifteen productions every season, spanning a diverse repertoire of newly commissioned plays, bold reinterpretations of contemporary and classical works, and provocative new musical theatre experiences. Asolo Rep is a major force in Sarasota's rich arts scene, whose quality and depth rivals some of the largest urban centers in the country. Asolo Rep is annually the creative home of more than 100 artists, technical craftsmen, and administrative staff. Its talented and accomplished resident acting company is complemented by top flight, award-winning directors, designers, and guest artists who come to Sarasota from around the country and around the world.

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Financial

four stars

96.24

Accountability & Transparency

four stars

96.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.6%
  Administrative Expenses 13.5%
  Fundraising Expenses 5.7%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.98
  Program Expenses Growth 9.2%
  Liabilities to Assets 15.5%
All data for Financial Performance Metrics calculations was provided by Asolo Repertory Theatre on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Asolo Repertory Theatre on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Asolo Repertory Theatre (FL) 96.11 four stars
The Public Theater/New York Shakespeare Festival (NY) 91.32 four stars
Huntington Theatre Company (MA) 92.14 four stars
Ford's Theatre Society (DC) 97.34 four stars
The Irish Repertory Theatre (NY) 92.22 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,504,226
   Federated Campaigns $0
   Membership Dues $14,763
   Fundraising Events $335,299
   Related Organizations $0
   Government Grants $92,842
Total Contributions $6,947,130
   Program Service Revenue $5,976,555
Total Primary Revenue $12,923,685
   Other Revenue $1,543,778
TOTAL REVENUE $14,467,463
   
EXPENSES  
   Program Expenses $8,743,870
   Administrative Expenses $1,448,663
   Fundraising Expenses $606,674
TOTAL FUNCTIONAL EXPENSES $10,799,207
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,668,256
   
Net Assets $30,434,045

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Theatre $5,478,772 62.6%
The Scene and Costume Shops $2,842,804 32.5%
Conservatory for Actor Training $422,294 4.8%

Ratings History
Asolo Repertory Theatre has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 10/01/2019 96.11 four stars
2018-06 09/03/2019 91.77 four stars
2017-06 08/01/2018 92.16 four stars
2016-06 12/01/2017 91.77 four stars
2015-06 07/01/2017 88.79 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-2717909
Name in IRS Master File ASOLO THEATER INC
NTEE Code A65
NTEE Classification Theater
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (88) Community theatrical group
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1987
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$199,992 1.85% Linda Digabriele Managing Director
Other Salaries of Note
$235,402 2.17% Michael Edwards Producing Artistic Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Asolo Repertory Theatre (FL) 96.11 four stars
Lincoln Center Theater (NY) 94.07 four stars
Actors Theatre of Louisville (KY) 93.33 four stars
Old Globe Theatre (CA) 90.41 four stars
Manhattan Theatre Club (NY) 92.46 four stars

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Charity Contact Info

Asolo Repertory Theatre
5555 North Tamiami Trail
Sarasota, FL 34243
tel: (941) 351-9010
EIN: 59-2717909

Visit Web Site

Board Leadership

Ann Charters
President

CEO

Linda DiGabriele
Managing Director

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