Palm Beach Shakespeare Festival Inc

Analysis

Palm Beach Shakespeare Festival Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in May 1991, 35 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 2022, Palm Beach Shakespeare Festival Inc reported income of $119k and spending of $116k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $54k to $119k (+122%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 290%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Palm Beach Shakespeare Festival Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Alliance Francaise de Charlottesville Virginia Inc ($119k), Actions Beyond Words ($119k) and Wild Goose Players ($119k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.