St Louis Shakespeare Festival

Analysis

St Louis Shakespeare Festival is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in December 1999, 27 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, St Louis Shakespeare Festival reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.7m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 76%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Louis Shakespeare Festival sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Utah Humanities Council ($1.7m), Museum of Russian Art ($1.7m) and Yale Law Journal Fund Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $127k (6.3% of expenses). Other salaries and wages came to $945k. At year end it held assets of $1.6m against liabilities of $745k, net assets of $834k. It reported 131 employees.