African-American Shakespeare Company

Analysis

African-American Shakespeare Company is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, African-American Shakespeare Company reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 6 years on record, from December 2018 to June 2023, income grew from $701k to $1.4m (+94%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 241%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African-American Shakespeare Company sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Save Ellis Island Inc ($1.4m), Company One Inc ($1.4m) and Playwrights Realm Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $79k (6.8% of expenses). Other salaries and wages came to $523k. It paid $5,000 in professional fundraising fees. At year end it held assets of $840k against liabilities of $44k, net assets of $796k.