Skip to main content

Nonprofit · EIN 59-2717909

ASOLO THEATER INC

Tax-exempt · SARASOTA, FL 34243

Financials

$11.5M$12.3M2023$16.3M$14.4M2024
Revenue Expenses · by fiscal year end
Financials of ASOLO THEATER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$16,341,117$14,376,523$1,964,594$52,946,708$3,110,110$49,836,598
June 30, 2024990$11,508,355$12,329,018-$820,663$48,472,075$2,566,793$45,905,282
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,645,034
of which government grants
$395,925
Program service revenue
$7,412,118
Investment income
$1,265,208
Royalties
$660
Net gain from sales of assets
-$24,324
Net income from fundraising events
-$36,395
Net income from sales of inventory
$46,700
Other revenue
$18,757

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$605,435
Other salaries and wages
$7,038,941
Salaries, compensation and benefits (total)
$9,386,414
Professional fundraising fees
$0
Legal fees
$2,577
Accounting fees
$40,610
Occupancy
$202,670
Travel
$281,480
Depreciation
$599,112
Program services (functional)
$11,680,392
Management and general (functional)
$2,138,615
Fundraising (functional)
$557,516

Balance sheet and other

Total assets, start of year
$48,472,075
Total assets, end of year
$52,946,708
Total liabilities, end of year
$3,110,110
Net assets, end of year
$49,836,598
Land, buildings and equipment
$14,961,802
Publicly traded securities
$28,015,913
Net assets without donor restrictions
$31,649,828
Net assets with donor restrictions
$18,186,770
Gross unrelated business income
$11,109
Gross receipts
$24,426,400
Employees
74
Volunteers
51
Year formed
1986
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PETER ROTHSTEINPRODUCING ARTISTIC DIRECTOR
Officer
40$317,474$36,455
ROSS EGANMANAGING DIRECTOR
Officer
40$233,437$15,851
ERIC PUGHMARKETING DIRECTOR
Highest-paid employee
40$112,225$6,873
CORINNE DECKARDGENERAL MANAGER
Highest-paid employee
40$102,101$11,803
RON MCDONOUGHFINANCE DIRECTOR
Highest-paid employee
40$107,144$6,717
BOB BARTNERDIRECTOR
Trustee or director
1$0$0
SONDRA BILLERDIRECTOR
Trustee or director
1$0$0
TERRY BRACKETTDIRECTOR
Trustee or director
1$0$0
SUSAN BUCKDIRECTOR
Trustee or director
1$0$0
ANN CHARTERSDIRECTOR
Trustee or director
1$0$0
CAROLE CROSBYDIRECTOR
Trustee or director
1$0$0
ARIANE DARTDIRECTOR
Trustee or director
1$0$0
JAIME DIDOMENICODIRECTOR
Trustee or director
1$0$0
L'TANYA EVANSDIRECTOR
Trustee or director
1$0$0
DEBORAH FARRINGTONDIRECTOR
Trustee or director
1$0$0
35 more people on this return
NameTitleHours / weekCompensation
KATHLEEN FRANCEDIRECTOR
Trustee or director
1$0
HERMAN FRANKELDIRECTOR
Trustee or director
1$0
JAMES FRAZIERDIRECTOR
Trustee or director
1$0
TERI HANSENDIRECTOR
Trustee or director
1$0
LARRY HASPELDIRECTOR
Trustee or director
1$0
JUDITH HOFMANNDIRECTOR
Trustee or director
1$0
GIGI HUBERMANDIRECTOR
Trustee or director
1$0
CHARLIE HUISKINGDIRECTOR
Trustee or director
1$0
CARYL KAPLANDIRECTOR
Trustee or director
1$0
CAROLYN KEYSTONEDIRECTOR
Trustee or director
1$0
BEVERLY KOSKIDIRECTOR
Trustee or director
1$0
RUTH KREINDLERDIRECTOR
Trustee or director
1$0
LUCIE LAPOVSKYDIRECTOR
Trustee or director
1$0
NANCY MARKLEDIRECTOR
Trustee or director
1$0
ENID MARSHALLDIRECTOR
Trustee or director
1$0
SCOTT MERRITTDIRECTOR
Trustee or director
1$0
NIKOL MILLERDIRECTOR
Trustee or director
1$0
SANDRA MIRANDADIRECTOR
Trustee or director
1$0
MELANIE NATARAJANDIRECTOR
Trustee or director
1$0
ANNA NEKORANECDIRECTOR
Trustee or director
1$0
JULES PRICEDIRECTOR
Trustee or director
1$0
ELLEN SANDORDIRECTOR
Trustee or director
1$0
STEPHANIE SHAWDIRECTOR
Trustee or director
1$0
KIRK VOELKERDIRECTOR
Trustee or director
1$0
JAMES WADSWORTHDIRECTOR
Trustee or director
1$0
MARYSUE WECHSLERDIRECTOR
Trustee or director
1$0
MARY LOU WINNICKDIRECTOR
Trustee or director
1$0
GERI YONOVERDIRECTOR
Trustee or director
1$0
RANDELL JOHNSONIMMEDIATE PAST PRESIDENT
Trustee or director
1$0
BETH HIRSCHCHAIR
Trustee or director, Officer
1$0
SCOTT GREERVICE CHAIR
Trustee or director, Officer
1$0
PAULINE WAMSLERVICE CHAIR
Trustee or director, Officer
1$0
CHARLIE WILSONTREASURER
Trustee or director, Officer
1$0
MARY BRAXTON-JOSEPHSECRETARY
Trustee or director, Officer
1$0
TOM MCLAUGHLINGENERAL COUNSEL
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 53 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL EDWARDSPRODUCING ARTISTIC DIR JAN-JUN 2023
Officer
40$176,682$46,561
LINDA DIGABRIELEMANAGING DIR JAN-JUN 2023
Officer
40$159,128$43,612
PETER ROTHSTEINPRODUCING ARTISTIC DIR JULY 2023
Officer
40$159,598$8,591
VICTOR MEYRICHDIR. OF PRODUCTION / OPERA
Highest-paid employee
40$111,073$29,955
ROSS EGANMANAGING DIR JULY 2023
Officer
40$115,963$11,884
BEVERLY BARTNERDIRECTOR
Trustee or director
1$0$0
BOB BARTNERDIRECTOR
Trustee or director
1$0$0
TERRY BRACKETTDIRECTOR
Trustee or director
1$0$0
NANCY BOXILL THOMASDIRECTOR
Trustee or director
1$0$0
SUSAN BUCKDIRECTOR
Trustee or director
1$0$0
ANN CHARTERSDIRECTOR
Trustee or director
1$0$0
CAROLE CROSBYDIRECTOR
Trustee or director
1$0$0
ARIANE DARTDIRECTOR
Trustee or director
1$0$0
JAIME DIDOMENICODIRECTOR
Trustee or director
1$0$0
SUSAN DWECKDIRECTOR
Trustee or director
1$0$0
L'TANYA EVANSDIRECTOR
Trustee or director
1$0$0
DEBORAH FARRINGTONDIRECTOR
Trustee or director
1$0$0
KATHLEEN FRANCEDIRECTOR
Trustee or director
1$0$0
HERMAN FRANKELDIRECTOR
Trustee or director
1$0$0
TERI HANSENDIRECTOR
Trustee or director
1$0$0
LARRY HASPELDIRECTOR
Trustee or director
1$0$0
GARY HEARDDIRECTOR
Trustee or director
1$0$0
JUDITH HOFMANNDIRECTOR
Trustee or director
1$0$0
GIGI HUBERMANDIRECTOR
Trustee or director
1$0$0
CHARLIE HUISKINGDIRECTOR
Trustee or director
1$0$0
CARYL KAPLANDIRECTOR
Trustee or director
1$0$0
CAROLYN KEYSTONEDIRECTOR
Trustee or director
1$0$0
BEVERLY KOSKIDIRECTOR
Trustee or director
1$0$0
RUTH KREINDLERDIRECTOR
Trustee or director
1$0$0
LUCIE LAPOVSKYDIRECTOR
Trustee or director
1$0$0
NANCY MARKLEDIRECTOR
Trustee or director
1$0$0
ENID MARSHALLDIRECTOR
Trustee or director
1$0$0
SCOTT MERRITTDIRECTOR
Trustee or director
1$0$0
SANDRA MIRANDADIRECTOR
Trustee or director
1$0$0
MELANIE NATARAJANDIRECTOR
Trustee or director
1$0$0
JULES PRICEDIRECTOR
Trustee or director
1$0$0
WILLIAM SANDYDIRECTOR
Trustee or director
1$0$0
NIKKI SEDACCADIRECTOR
Trustee or director
1$0$0
STEPHANIE SHAWDIRECTOR
Trustee or director
1$0$0
WILLIAM VILLAFRANCODIRECTOR
Trustee or director
1$0$0
KIRK VOELKERDIRECTOR
Trustee or director
1$0$0
JAMES WADSWORTHDIRECTOR
Trustee or director
1$0$0
MARYSUE WECHSLERDIRECTOR
Trustee or director
1$0$0
MARY LOU WINNICKDIRECTOR
Trustee or director
1$0$0
MARGARET WISEDIRECTOR
Trustee or director
1$0$0
GERI YONOVERDIRECTOR
Trustee or director
1$0$0
RANDELL JOHNSONIMMEDIATE PAST PRESIDENT
Trustee or director
1$0$0
BETH HIRSCHCHAIR
Trustee or director, Officer
1$0$0
SCOTT GREERVICE CHAIR
Trustee or director, Officer
1$0$0
PAULINE WAMSLERVICE CHAIR
Trustee or director, Officer
1$0$0
CHARLIE WILSONTREASURER
Trustee or director, Officer
1$0$0
MARY BRAXTON-JOSEPHSECRETARY
Trustee or director, Officer
1$0$0
TOM MCLAUGHLINGENERAL COUNSEL
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
5555 N TAMIAMI TRL, SARASOTA, FL 34243-2141
In care of
% RINGLING MUSUEM
Principal officer (990 for 2024)
BETH HIRSCH, 5555 N TAMIAMI TRAIL, SARASOTA, FL 34243
Signed the 990
BETH HIRSCH, CHAIR
Phone
(941) 351-9010
Return prepared by
KERKERING BARBERIO & CO

Mission

ENGAGE AND INSPIRE AUDIENCES WITH EXTRAORDINARY THEATRICAL EXPERIENCES CREATED WITH VISION, PASSION AND ARTISTRY AND ENHANCED BY DEEPLY INTEGRATED EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS.

990 for the year ended June 30, 2025

Program accomplishments

  • ASOLO REPERTORY'S RESIDENT SEASON CREATES A CENTER FOR THEATRICAL EXCELLENCE FOR A LOCAL, REGIONAL AND NATIONAL COMMUNITY. FROM CLASSICS TO CONTEMPORARY DRAMAS TO BROADWAY-BOUND MUSICALS AND NEWLY COMMISSIONED WORK, ALL PERFORMED IN THE RAREST FORM OF ROTATING REPERTORY. ASOLO REP IS A THEATRE DISTRICT IN ITSELF. EACH SEASON, ASOLO REP MOUNTS UP TO TEN PRODUCTIONS AND TWO HUNDRED FIFTY PERFORMANCES ON TWO STAGES, FOR MORE THAN EIGHTY THOUSAND PEOPLE ANNUALLY.
    Expenses $6,963,505 · revenue $6,021,708
  • THE FSU/ASOLO CONSERVATORY FOR ACTOR TRAINING IS A RIGOROUS THREE-YEAR M.F.A GRADUATE PROGRAM CONNECTED TO ASOLO REPERTORY. IT IS RANKED IN THE TOP TEN ACTOR TRAINING PROGRAMS BY THE NEW YORK TIMES. MORE THAN TWO THOUSAND AUDITION ANNUALLY FOR A MERE TWELVE SLOTS.
    Expenses $420,054 · revenue $793,995
  • THE SCENE AND COSTUME SHOPS CREATE PHYSICAL ELEMENTS FOR THE PRODUCTIONS AND CONTRIBUTE TO THE QUALITY PROFESSIONAL THEATRICAL EXPERIENCE FOR ASOLO REPERTORY, THE FSU/ASOLO CONSERVATORY FOR ACTOR TRAINING AND OTHERS, SUCH AS THE TAMPA BAY PERFORMING ARTS CENTER AND THE SARASOTA OPERA.
    Expenses $4,296,833 · revenue $309,562

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-2717909
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$52,946,708
Income (IRS master file)
$24,426,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990-TJune 2025–––IRS
990June 2024–––IRS
990-TJune 2024–––IRS
990June 2023$11,752,866$12,585,780$46,011,727IRS
990-TJune 2023–––IRS
990June 2022$16,636,721$13,220,242$46,719,900IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about ASOLO THEATER INC

What is the EIN of ASOLO THEATER INC?
The employer identification number (EIN) of ASOLO THEATER INC is 59-2717909.
Is ASOLO THEATER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to ASOLO THEATER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASOLO THEATER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASOLO THEATER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASOLO THEATER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ASOLO THEATER INC?
The 990 for the year ended June 30, 2025 names BETH HIRSCH.
Who are the officers and directors of ASOLO THEATER INC?
The 990 for the year ended June 30, 2025 lists 50 people; 5 received compensation from the organization, the highest $317,474 (PETER ROTHSTEIN, PRODUCING ARTISTIC DIRECTOR).
How much revenue does ASOLO THEATER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $16,341,117, expenses of $14,376,523 and total assets of $52,946,708 at year end.

Other nonprofits in SARASOTA

All nonprofits in SARASOTA · Florida · Arts, culture and humanities