The Philadelphia Shakespeare Theatre

Analysis

The Philadelphia Shakespeare Theatre is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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 June 2021, The Philadelphia Shakespeare Theatre reported income of $170k and spending of $49k, leaving 71% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income fell from $221k to $170k (-23%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 37%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Philadelphia Shakespeare Theatre sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Society of Reproductive Surgeons Inc ($170k), Wray Area Foundation Inc ($170k) and Little League Baseball Inc ($170k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $25k (50% of expenses). At year end it held assets of $145k against liabilities of $82k, net assets of $63k.