AMERICAN CABARET THEATRE INC

EIN: 311225154 501(c)(3) Arts, Culture & Humanities

INDIANAPOLIS, IN

Total Revenue
$1,571,729
Total Expenses
$1,745,185
Total Assets
$2,599,851
Net Assets
$1,867,252
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IN
Principal Officer
SHANNON FORSELL
Phone
3172751169
Tax Period
2024-01-01 to 2024-12-31

AMERICAN CABARET THEATRE INC, founded in 1987, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $1.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

FOUNDED IN 1988, AMERICAN CABARET THEATRE, INC. DBA THE CABARET, IS A NONPROFIT ORGANIZATION DEDICATED TO ELEVATING AND PROMOTING THE CABARET ART FORM BY ENTERTAINING, EDUCATING, AND ENGAGING AUDIENCES AND ARTISTS THROUGH WORLD-CLASS PERFORMANCE. AS THE CABARET ATTRACTS ARTISTS FROM AROUND THE GLOBE, AUDIENCES TOO TRAVEL FROM AROUND THE COUNTRY TO SEE THESE WORLD CLASS ARTISTS IN THE VENUE'S AWARD-WINNING UP CLOSE AND PERSONAL SETTING.

Program Service Accomplishments

Program 1
Expenses: $1,341,771 Revenue: $550,427

ARTISTIC PROGRAMMING:IN 2024, THE CABARET PRESENTED 40 PERFORMANCES THAT SERVED 8,063 IN PERSON AUDIENCES, PROVIDED VIRTUAL PROGRAMMING THROUGH ITS YOUTUBE CHANNEL RESULTING IN 1.4 MILLION GLOBAL...

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ARTISTIC PROGRAMMING:IN 2024, THE CABARET PRESENTED 40 PERFORMANCES THAT SERVED 8,063 IN PERSON AUDIENCES, PROVIDED VIRTUAL PROGRAMMING THROUGH ITS YOUTUBE CHANNEL RESULTING IN 1.4 MILLION GLOBAL VIEWS, AND 47 EVENTS OR ACTIVITIES AS PART OF ITS EDUCATION AND OUTREACH PROGRAMMING THAT SERVED 17,256 FOR A TOTAL AUDIENCE OF 1.5 MILLION.THE ALLEY/"THE ALLEY SESSIONS" A ONCE RUN-DOWN HISTORIC ALLEY WAS TRANSFORMED INTO A VIBRANT ARTS CORRIDOR AND COMMUNITY GATHERING SPACE OPEN TO THE PUBLIC FOR A FREE, FOUR CONCERT SERIES (ARTISTS WERE PAID A COMPETITIVE MARKET RATE), SERVING 1,310. AUDIENCES WERE ABLE TO ORDER A VARIETY OF FOOD AND BEVERAGES FOR AN OUTDOOR, CASUAL EXPERIENCE. 2024 ARTISTIC SEASON THE CABARET'S FLAGSHIP INDOOR SEASON INCLUDED FIVE SERIES: GLICK PHILANTHROPIES BROADWAY AT THE CABARET, JAZZ AT THE CABARET, THE CHRISTEL DEHAAN INTERNATIONAL SERIES, THE UNIQUELY CABARET SERIES, AND THE NEXT GENERATION SERIES. THE SEASON INCLUDED 40 PERFORMANCES AND SERVED AN IN-PERSON AUDIENCE OF 8,063.VIRTUAL PROGRAMMING - THE CABARET REACHES AN ASTONISHINGLY DIVERSE GLOBAL AUDIENCE THROUGH ITS CAREFULLY CURATED PERFORMANCE OFFERINGS ON ITS YOUTUBE CHANNEL. THE CHANNEL PROVIDES FREE ACCESS TO MORE THAN 900 HIGH-QUALITY ARCHIVAL PERFORMANCES AND CLASS VIDEOS. NEW VIDEOS ARE ADDED THROUGHOUT THE YEAR. THE CHANNEL HAS 27.7K SUBSCRIBERS WITH AN AVERAGE OF 1.5 TO 2 MILLION VIEWERS ANNUALLY REPRESENTING 68 DIFFERENT COUNTRIES. SERVING AS AN ARTIST AND COMMUNITY HUB, THE CABARET OFFERS ITS VENUE, STAGE, AND SERVICES TO ARTS ORGANIZATIONS, NONPROFITS AND INDEPENDENT ARTISTS TO TAKE ADVANTAGE OF THE HIGH-QUALITY, INTIMATE PERFORMANCE SPACE AND THE CABARET STAFF'S EXPERTISE IN BUSINESS AND PERFORMANCE. INDEPENDENT ARTISTS AND SMALL ARTS ORGANIZATIONS USE THE CABARET'S SPACE AT NO CHARGE FOR REHEARSALS, PERFORMANCES, RECORDINGS, AND PHOTO SHOOTS, EVENTS, ETC.

Program 2
Expenses: $67,249 Revenue: $26,907

EDUCATIONAL AND OUTREACH PROGRAMMING: THE CABARET PROVIDES BURGEONING CABARET ARTISTSFROM STUDENTS TO PROFESSIONALSWITH A CONTINUUM OF EDUCATIONAL AND OUTREACH PROGRAMMING TO HONE THEIR...

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EDUCATIONAL AND OUTREACH PROGRAMMING: THE CABARET PROVIDES BURGEONING CABARET ARTISTSFROM STUDENTS TO PROFESSIONALSWITH A CONTINUUM OF EDUCATIONAL AND OUTREACH PROGRAMMING TO HONE THEIR PERFORMANCE/CAREER SKILLS AND PERFORM LIVE ON STAGE. PROGRAMS INCLUDE MASTERCLASSES AND CAREER WORKSHOPS WITH NATIONAL ARTISTS AND INDUSTRY PROFESSIONALS; ARTIST-IN-RESIDENCE PROGRAM; PRE-SHOW PERFORMANCE SPOTLIGHTS; DISCOUNT STUDENT TICKETS; AND PAID ARTS MANAGEMENT INTERNSHIPS. ALL PROGRAMS ARE OFFERED FREE OF CHARGE. 1,558 STUDENTS WERE DIRECTLY SERVED BY THE CABARET'S EDUCATIONAL/ARTIST DEVELOPMENT PROGRAMMING IN 2024.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $891,857
Program Service Revenue $577,334
Investment Income $102,538
Other Revenue $0
TOTAL REVENUE $1,571,729

Expense Breakdown

Grants Paid $0
Salaries & Benefits $556,618
Fundraising Expenses $212,813
Program Expenses $1,409,020
Other Expenses $1,188,567
TOTAL EXPENSES $1,745,185

Year-over-Year Comparison

2024 2023 Change
Revenue $1,571,729 $1,705,943 -0.1%
Expenses $1,745,185 $1,696,984 +0.0%
Net Income $-173,456 $8,959 -20.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
7
Volunteers
26

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$131,378
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANA HARTLEY MUTZ CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN MAINELLA VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
TROY GILSTORF TREASURER 1.00
Officer Director
$0 $0 $0
ROXANNE MCGETTIGAN SECRETARY 1.00
Officer Director
$0 $0 $0
RON BROCK DIRECTOR 1.00
Director
$0 $0 $0
TIFFANY BENEDICT BROWNE DIRECTOR 1.00
Director
$0 $0 $0
AMANDA HUBER DIRECTOR 1.00
Director
$0 $0 $0
KAREN HURT DIRECTOR 1.00
Director
$0 $0 $0
LASANA D KAZEMBE DIRECTOR 1.00
Director
$0 $0 $0
SIMONE RIGAUD DIRECTOR 1.00
Director
$0 $0 $0
REBECCA ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
JULIE SINGER DIRECTOR 1.00
Director
$0 $0 $0
MORGAN SNYDER DIRECTOR 1.00
Director
$0 $0 $0
JUDITH THOMAS DIRECTOR 1.00
Director
$0 $0 $0
HOPE TRIBBLE DIRECTOR 1.00
Director
$0 $0 $0
GIRISH VITALPUR MD DIRECTOR 1.00
Director
$0 $0 $0
ROBERT ZEHR DIRECTOR 1.00
Director
$0 $0 $0
SHANNON MARIE FORSELL CEO 40.00
Officer
$127,338 $4,040 $131,378
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,571,729 $1,745,185 $2,599,851 $-173,456
2023 $1,705,943 $1,696,984 $2,782,293 $8,959
2022 $1,114,824 $1,544,807 $2,905,771 $-429,983
2021 $1,661,939 $1,349,133 $2,687,659 $312,806
2020 $983,123 $987,812 $2,473,943 $-4,689
2019 $1,308,752 $1,352,167 $2,319,813 $-43,415
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