Oklahoma Shakespeare in the Park

Analysis

Oklahoma Shakespeare in the Park is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 1986, 40 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 Shakespeare in the Park reported income of $336k and spending of $475k, spending 141% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $311k to $336k (+8.0%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 103% 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 Shakespeare in the Park sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Ground Floor Theatre ($336k), Dyckman Farmhouse Museum ($336k) and Avenue 50 Studio Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $75k (16% of expenses). Other salaries and wages came to $93k. At year end it held assets of $633k against liabilities of $620k, net assets of $13k. It reported 22 employees.