Silicon Valley Shakespeare

Analysis

Silicon Valley Shakespeare is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2000, 26 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, Silicon Valley Shakespeare reported income of $436k and spending of $409k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $436k (+122%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Silicon Valley Shakespeare sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include American Chemical Society ($436k), Chamberfest Cleveland ($436k) and Center for Black Brown and Queer Studies Inc ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $40k (9.8% of expenses). Other salaries and wages came to $144k. At year end it held assets of $280k against liabilities of $7,194, net assets of $272k. It reported 28 employees.