Alabama Shakespeare Festival Endowment TR

Analysis

Alabama Shakespeare Festival Endowment TR is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alabama Shakespeare Festival Endowment TR reported income of $1.1m and spending of $2.6m, spending 241% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.6m to $1.1m (-57%), an average of -19% a year. The sharpest change came in the year to September 2022, when income rose by 577%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alabama Shakespeare Festival Endowment TR sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Pflugerville Football Club ($1.1m), Wildcat Aquatic Swim Club ($1.1m) and Mandeville Soccer Club ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $54.5m against liabilities of $1.5m, net assets of $53.0m.