Hobart Shakespeareans

Analysis

Hobart Shakespeareans is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 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, Hobart Shakespeareans reported income of $114k and spending of $92k, spending 81% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $265k to $114k (-57%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hobart Shakespeareans sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Friends of the Thumb Octagon Barn ($114k), Peninsula Cantare a California Nonprofit Benefit Corporation ($114k) and Plastics Hall of Fame Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.