EIN 59-2717909

Asolo Theater

IRS 501(c) type
501(c)(3)
Num. employees
264
State
Year formed
1986
Most recent tax filings
2024-06-01
NTEE code, primary
Description
Asolo Repertory Theatre, Florida’s premier professional theatre, is one of the most important cultural forces in the Southeastern United States. A center for theatrical excellence, Asolo Rep stages up to fifteen productions every season, spanning a diverse repertoire of newly commissioned plays, bold reinterpretations of contemporary and classical works, and provocative new musical theatre experiences. Entertain, engage and inspire through the highest quality professional repertory theatre and superior educational programs.
Also known as...
Asolo Theatre
Total revenues
$11,508,355
2024
Total expenses
$12,329,018
2024
Total assets
$48,472,075
2024
Num. employees
264
2024

Program areas at Asolo Theater

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.
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.
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.

Who funds Asolo Theater

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gulf Coast Community FoundationArts & Culture$421,349
The Community Foundation of SarasotaGeneral Support, Program Support$265,520
Virginia B Toulmin Charitable Foundation IIIAsolo Rep's 2023-2024 Season$175,000
...and 40 more grants received totalling $1,598,779

Financials for Asolo Theater

RevenuesFYE 06/2024
Total grants, contributions, etc.$4,491,895
Program services$6,258,573
Investment income and dividends$806,841
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-133,254
Net income from fundraising events$51,285
Net income from gaming activities$0
Net income from sales of inventory$33,208
Miscellaneous revenues$-193
Total revenues$11,508,355

Organizations like Asolo Theater

OrganizationLocationRevenue
Chicago Shakespeare TheaterChicago, IL$13,107,293
Center Theatre GroupLos Angeles, CA$51,815,761
Goodman TheatreChicago, IL$26,807,966
Great Lakes TheaterCleveland, OH$5,246,862
Kansas City Repertory TheatreKansas City, MO$6,752,070
Barrington Stage CompanyPittsfield, MA$6,302,386
Seattle Repertory TheatreSeattle, WA$17,274,906
George Street PlayhouseNew Brunswick, NJ$5,949,381
Shakespeare Theatre of New JerseyFlorham Park, NJ$2,934,817
Maltz Jupiter TheatreJupiter, FL$12,334,404
Data update history
May 29, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 28, 2025
Received grants
Identified 6 new grant, including a grant for $421,349 from Gulf Coast Community Foundation
May 26, 2025
Used new vendors
Identified 1 new vendor, including
April 20, 2025
Received grants
Identified 2 new grant, including a grant for $65,000 from Shubert Foundation
January 19, 2025
Received grants
Identified 7 new grant, including a grant for $50,000 from The Exchange / Woman's Exchange Inc of Sarasota
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsTheatersCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
5555 N Tamiami Trail
Sarasota, FL 34243
Metro area
North Port-Sarasota-Bradenton, FL
County
Sarasota County, FL
Website URL
asolorep.org/ 
Phone
(941) 351-9010
Facebook page
AsoloRep 
Twitter profile
@asolorep 
IRS details
EIN
59-2717909
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A65: Theater
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Independent
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