Orlando Shakespeare Theater Inc

Analysis

Orlando Shakespeare Theater Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1989, 37 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 May 2023, Orlando Shakespeare Theater Inc reported income of $4.1m and spending of $4.6m, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.7m to $4.1m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to May 2022, when income rose by 43%. 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, Orlando Shakespeare Theater Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Bardavon 1869 Opera House Inc ($4.1m), American Society for Mass Spectrometry ($4.1m) and Friends of the Maine State Museum Inc ($4.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 54% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $113k (2.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.2m against liabilities of $334k, net assets of $5.8m. It reported 144 employees.