Shakespeare in Detroit

Analysis

Shakespeare in Detroit is a registered charity in United States, based in Dearborn, MI. It received its IRS tax-exemption ruling in September 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 August 2023, Shakespeare in Detroit reported income of $226k and spending of $227k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $214k to $226k (+5.6%), an average of +5.6% a year. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakespeare in Detroit sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Irish Dance Teachers Association of Mid-America ($226k), Creative Girls Rock ($226k) and North Bend Downtown Foundation ($226k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Other salaries and wages came to $166k. At year end it held assets of $19k against liabilities of $0, net assets of $19k.