Indianapolis Shakespeare Company Inc

Analysis

Indianapolis Shakespeare Company Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 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 December 2023, Indianapolis Shakespeare Company Inc reported income of $562k and spending of $419k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $562k (+357%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indianapolis Shakespeare Company Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Theo Ubique Theatre ($562k), A Source of Joy Theatricals Inc ($562k) and Hot Summer Jazz Festival ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $50k (12% of expenses). Other salaries and wages came to $202k. At year end it held assets of $457k against liabilities of $4,945, net assets of $452k. It reported 14 employees.