Rubber City Shakespeare Company

Analysis

Rubber City Shakespeare Company is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, Rubber City Shakespeare Company reported income of $418k and spending of $481k, spending 115% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $150k to $418k (+178%), an average of +67% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rubber City Shakespeare Company sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Princeton Academy of Art Inc ($418k), Southwest Indian Agricultural Association Inc ($418k) and Camille Players Inc ($418k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $24k (5.0% of expenses). Other salaries and wages came to $257k. At year end it held assets of $5,558 against liabilities of $116k, net assets of -$110k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.