Utah Shakespearean Festival Foundation

Analysis

Utah Shakespearean Festival Foundation is a registered charity in United States, based in Cedar City, UT. It received its IRS tax-exemption ruling in December 2013, 13 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Utah Shakespearean Festival Foundation reported income of $14.8m and spending of $12.6m, spending 85% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $150k to $14.8m (+9806%), an average of +895% a year. The sharpest change came in the year to December 2021, when income rose by 9843%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Utah Shakespearean Festival Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within UT. Charities of a similar size with the same main cause include Handel and Haydn Society ($14.8m), International Society of Automation ($14.9m) and The International Coalition of Historic Ite Museums of Conscience ($14.8m).

At year end it held assets of $122k against liabilities of $0, net assets of $122k.