Elm Shakespeare Company

Analysis

Elm Shakespeare Company is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in December 1995, 31 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 December 2023, Elm Shakespeare Company reported income of $729k and spending of $613k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $729k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elm Shakespeare Company sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Nutmeg Public Access Television Inc ($729k), Enid Arts and Sciences Foundation ($729k) and Granville Museum Inc ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $245k. At year end it held assets of $549k against liabilities of $18k, net assets of $531k. It reported 46 employees.