Shakespeares Associates Inc

Analysis

Shakespeares Associates Inc is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in April 2007, 19 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 September 2023, Shakespeares Associates Inc reported income of $711k and spending of $555k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $482k to $711k (+48%), an average of +10% a year. The sharpest change came in the year to September 2020, when income rose by 89%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakespeares Associates Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Rize Marin ($711k), Armstrong Air & Space Museum Associations Inc ($711k) and Childrens Museum of the Treasure Coast Inc ($711k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $40k (7.2% of expenses). Other salaries and wages came to $265k. At year end it held assets of $1.6m against liabilities of $100k, net assets of $1.5m. It reported 61 employees.