Shaw Festival Foundation

Analysis

Shaw Festival Foundation is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Shaw Festival Foundation reported income of $1.3m and spending of $1.4m, spending 101% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $1.3m to $1.3m (+7.2%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 482%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shaw Festival Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Foundation for the Tri-State Community Inc ($1.3m), United Way of Decatur and Mid Illinois ($1.3m) and Roy H Laird Memorial Hospital Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $1.7m against liabilities of $533k, net assets of $1.1m. It reported 1 employees.