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CHARITY REVIEW
Issued: May 2025 Expires: May 2027

StageOne Family Theatre

Accredited Charity
Accredited Charity

Meets Standards

1129 Payne St
Louisville, KY, 40204-2366

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

StageOne Family Theatre meets the 20 Standards for Charity Accountability.

BBB has determined that StageOne Family Theatre's program expenses are reasonable even though its program service expense ratio is under the 65% requirement in Standard 8.

Stated Purpose:
StageOne Family Theatre fosters empathy and sparks the imagination of children and their communities through the transformative power of live theatre.

Year, State Incorporated:
1948, KY

StageOne Family Theatre offers theatrical productions for young audiences, Arts integration, in-school programming, theatre and performance classes, and conservatory training.

For the year ended May 31, 2024, StageOne Family Theatre's program expenses were:

Productions $819,371
Educational programs $144,559
Total Program Expenses $963,930

Chief Executive
Andrew Harris, Producing Artistic Director

Chair of the Board
Ms. Cathy Colliver

Chair's Profession / Business Affiliation
Marketing Director, Test Double

Board Size
23

Paid Staff Size
14

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 14.37%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on StageOne Family Theatre's audited financial statements for the year ended May 31, 2024.

Source of Funds
Contributions and grants $718,663
Ticket sales and fees $264,717
Educational programs $134,922
Miscellaneous $15,015
Gain on disposal of property and equipment $8,000
Memberships $5,986
Total Income $1,147,303

Programs: 59% Fundraising: 6% Administrative: 35%

Total Income $1,147,303
Total expenses: $1,641,196
  Program expenses $963,930
  Fundraising expenses $103,261
  Administrative expenses $574,005
  Other expenses $0
Income in Excess of Expenses $-493,893
Beginning Net Assets $583,755
Other Changes In Net Assets $0
Ending Net Assets $89,862
Total Liabilities $963,311
Total Assets $1,053,173
Ending net assets as reported above include -$22,575 without donor restrictions and $112,437 with donor restrictions.

Total assets as reported above include $37,524 in property and equipment, net.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana