Shattered Globe Theatre

Analysis

Shattered Globe Theatre is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Shattered Globe Theatre reported income of $655k and spending of $652k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $436k to $655k (+50%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shattered Globe Theatre sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Rosin Box Project Inc ($655k), Baron Critical Weather Institute ($655k) and Funding Arts Broward Inc ($654k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $98k. At year end it held assets of $451k against liabilities of $103k, net assets of $347k. It reported 4 employees.