Cincinnati Shakespeare Company

Analysis

Cincinnati Shakespeare Company is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cincinnati Shakespeare Company reported income of $3.7m and spending of $4.0m, spending 109% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.7m to $3.7m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cincinnati Shakespeare Company sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Kingsburg Media Foundation ($3.7m), Greentrike ($3.7m) and Hawaii Theatre Center ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $181k (4.5% of expenses). At year end it held assets of $19.1m against liabilities of $533k, net assets of $18.6m. It reported 144 employees.