THE CAT LTD

EIN: 824715318 501(c)(3) Arts, Culture & Humanities

CARMEL, IN

Total Revenue
$256,838
Total Expenses
$214,428
Total Assets
$73,629
Net Assets
$71,846
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IN
Principal Officer
WILLIAM R WOOD
Phone
3177502484
Tax Period
2023-01-01 to 2023-12-31

THE CAT LTD, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $257K in total revenue in fiscal year 2023. The organization ran a surplus of $42K, a strong 17% operating margin.

Mission

TO BE THE "OFF-OFF-BROADWAY" OF CARMEL, INDIANA, GIVING THE ARTISTS OF CARMEL A LOCAL, WELCOMING PLACE TO ENTERTAIN.

Program Service Accomplishments

Program 1
Expenses: $79,416 Revenue: $53,374

THE CARMEL APPRENTICE THEATRE (CAT) IS A NO-AUDITION, NO-COST PROGRAM FOR PEOPLE NEW TO THEATER AND THEATER VETERANS TO PERFORM SIDE-BY-SIDE IN ROLES OF A LIFETIME. ON AVERAGE, THERE HAS BEEN...

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THE CARMEL APPRENTICE THEATRE (CAT) IS A NO-AUDITION, NO-COST PROGRAM FOR PEOPLE NEW TO THEATER AND THEATER VETERANS TO PERFORM SIDE-BY-SIDE IN ROLES OF A LIFETIME. ON AVERAGE, THERE HAS BEEN SOMEWHERE BETWEEN 156 AND 208 AFFORDABLE PERFORMANCES ON OUR STAGE EACH YEAR. MEMBERS OF THE COMMUNITY CAN VISIT ALMOST EVERY WEEKEND AND SEE SOMETHING DIFFERENT.THE CAT IS GROWING BY LEAPS AND BOUNDS. EVERY YEAR WE WORRY THAT WE MAY EVENTUALLY HAVE A CAST THAT IS TOO BIG FOR OUR ITTY-BITTY STAGE! IN 2023 WE BROKE OUR RECORD WITH A CAST OF 46 FOR "CHITTY CHITTY BANG BANG" IN NOVEMBER. WE ALSO EXPANDED THE CAST OF "ALMOST, MAINE" FROM THE SUGGESTED 6 ACTORS TO 12, AND OUR INTERNS PRODUCED THEIR OWN ONE-ACT PLAY FESTIVAL DURING THE SUMMER FEATURING 3 SHOWS AND 12 ACTORS. "ALMOST, MAINE AND THE INTERNS' "ONE-ACT PLAYS" WERE LED BY FIRST-TIME DIRECTORS WITH GREAT SUCCESS. WE WELCOMED OUR FIRST APPRENTICE PRODUCER IN 2023, WHO JUMPED INTO THE DEEP END WITH "CHITTY CHITTY BANG BANG AND IS NOW FULLY IMMERSED IN 2024'S PRODUCTIONS AS WELL.

Program 2
Expenses: $52,944 Revenue: $24,172

DURING 2023, THE CAT PROVIDED A HOME FOR 28 DIFFERENT ARTISTIC COMPANIES TO PRODUCE THEIR SEASONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $157,715
Program Service Revenue $77,546
Investment Income $0
Other Revenue $21,577
TOTAL REVENUE $256,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,110
Fundraising Expenses $0
Program Expenses $132,360
Other Expenses $162,318
TOTAL EXPENSES $214,428

Year-over-Year Comparison

2023 2022 Change
Revenue $256,838 N/A N/A
Expenses $214,428 N/A N/A
Net Income $42,410 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
2
Volunteers
150

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
3
$0
Total Directors
7
$45,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AUDREY LARKIN PRODUCTION MANAGER 40.00
Director
$45,000 $0 $45,000
WILLIAM R WOOD PRESIDENT 60.00
Officer Director
$0 $0 $0
DEBORAH B WOOD TREASURER 25.00
Officer Director
$0 $0 $0
MIRANDA ARMIE SECRETARY 0.10
Officer Director
$0 $0 $0
CHRISTOPHER S ROBERGE DIRECTOR 0.10
Director
$0 $0 $0
CHRISTOPHER CARMEN DIRECTOR 0.10
Director
$0 $0 $0
CHRIS WOOD DIRECTOR 0.10
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $256,838 $214,428 $73,629 $42,410
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