Kingsmen Shakespeare Company

Analysis

Kingsmen Shakespeare Company is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in May 1999, 27 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, Kingsmen Shakespeare Company reported income of $265k and spending of $299k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $265k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 207%. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kingsmen Shakespeare Company sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Sumter Gallery of Art ($265k), Vanguri Foundation of America ($265k) and Community Players of Salisbury Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $77k. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 19 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.