Flagstaff Shakespeare Festival

Analysis

Flagstaff Shakespeare Festival is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Flagstaff Shakespeare Festival reported income of $159k and spending of $146k, spending 92% of its income. Across the 4 years on record, from July 2021 to December 2023, income fell from $217k to $159k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income rose by 289%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Flagstaff Shakespeare Festival sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include Gods Heart Ministry ($159k), Foster Coalition Inc ($159k) and Progressive Eldercare Services Conway Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. At year end it held assets of $36k against liabilities of $232, net assets of $36k.