Shakespeare Festival of Dallas

Analysis

Shakespeare Festival of Dallas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Shakespeare Festival of Dallas reported income of $925k and spending of $1.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $923k to $925k (+0.2%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shakespeare Festival of Dallas sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Great Falls Symphony Asso Inc ($924k), Beyond Abuse ($925k) and Kad-Esh Map Ministries Inc ($924k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $182k (18% of expenses). Other salaries and wages came to $267k. At year end it held assets of $252k against liabilities of $135k, net assets of $117k. It reported 34 employees.