Oklahoma Shakespearean Festival

Analysis

Oklahoma Shakespearean Festival is a registered charity in United States, based in Durant, OK. It received its IRS tax-exemption ruling in July 1982, 44 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, Oklahoma Shakespearean Festival reported income of $191k and spending of $184k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $191k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma Shakespearean Festival sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Chinese Free Masons Athletic Club Inc ($191k), Havre de Grace Maritime Museum Inc ($191k) and Red Oak Grand Theatre Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.