Delaware Shakespeare Festival Inc

Analysis

Delaware Shakespeare Festival Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2023, Delaware Shakespeare Festival Inc reported income of $514k and spending of $422k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $514k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delaware Shakespeare Festival Inc 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 71st percentile, and in the 66th percentile within DE. Charities of a similar size with the same main cause include Sonoma Plein Air Foundation ($514k), Coastal Stages Inc ($514k) and San Diego Gay Mens Chorus Inc ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $116k (28% of expenses). It paid $150 in professional fundraising fees. At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 6 employees.