Cat Ltd is located in Carmel, IN. The organization was established in 2019. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Cat Ltd employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cat Ltd is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Cat Ltd generated $256.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $214.4k during the year ending 12/2023. While expenses have increased by 11.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE THE "OFF-OFF-BROADWAY" OF CARMEL, INDIANA, GIVING THE ARTISTS OF CARMEL A LOCAL, WELCOMING PLACE TO ENTERTAIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
DURING 2023, THE CAT PROVIDED A HOME FOR 28 DIFFERENT ARTISTIC COMPANIES TO PRODUCE THEIR SEASONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Audrey Larkin Production Manager | Trustee | 40 | $45,000 |
William R Wood President | OfficerTrustee | 60 | $0 |
Deborah B Wood Treasurer | OfficerTrustee | 25 | $0 |
Miranda Armie Secretary | OfficerTrustee | 0.1 | $0 |
Christopher S Roberge Director | Trustee | 0.1 | $0 |
Christopher Carmen Director | Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $157,715 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $157,715 |
Total Program Service Revenue | $77,546 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $667 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $256,838 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $45,000 |
Compensation of current officers, directors, key employees. | $18,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,110 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,562 |
Fees for services: Accounting | $4,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $475 |
Office expenses | $281 |
Information technology | $1,970 |
Royalties | $0 |
Occupancy | $86,135 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,683 |
Insurance | $1,662 |
All other expenses | $2,280 |
Total functional expenses | $214,428 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,824 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $48,805 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $73,629 |
Accounts payable and accrued expenses | $1,783 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,783 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $71,846 |
Total liabilities and net assets/fund balances | $73,629 |