Shakespeare on the Sound Inc

Analysis

Shakespeare on the Sound Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in November 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 September 2023, Shakespeare on the Sound Inc reported income of $363k and spending of $421k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $408k to $363k (-11%), an average of -2.9% a year. The sharpest change came in the year to September 2021, when income rose by 101%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakespeare on the Sound Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Nam Kue School ($362k), Bugle Boy Foundation ($363k) and Roxy Bremerton ($362k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $89k. At year end it held assets of $57k against liabilities of $0, net assets of $57k.