Commonwealth Shakespeare Company Inc

Analysis

Commonwealth Shakespeare Company Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Commonwealth Shakespeare Company Inc reported income of $2.2m and spending of $1.8m, leaving 20% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.2m (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 68%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Commonwealth Shakespeare Company Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Atlanta Music Project Inc ($2.2m), Southern California Railway Museum Inc ($2.2m) and Leslie Lohman Museum of Gay and Lesbian Art ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $71k (4.0% of expenses). Other salaries and wages came to $770k. At year end it held assets of $1.8m against liabilities of $555k, net assets of $1.3m. It reported 105 employees.