Overview
What is New York Shakespeare Festival?
The New York Shakespeare Festival, operating under The Public Theater and Joe's Pub, is a leading nonprofit organization based in New York City. Committed to producing a diverse range of plays and musicals, as well as Shakespeare and other classics, their programs aim to engage the broadest audience possible with the most pressing issues of our time. Their 2021-22 season marked the return of live performances at 425 Lafayette Street, featuring world premieres and New York premieres from innovative artists in American theater. With a staff of approximately 1,374 employees, they are dedicated to developing an accessible and relevant American theater through challenging new productions.
Official website here: www.publictheater.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
The New York Shakespeare Festival has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong level of accountability and financial health. With a score of 95%, the organization demonstrates excellent management practices, including a fully independent board of 43 members and robust audit and oversight processes. The absence of material diversions of assets underscores its financial integrity.
Strengths highlighted include strong transparency measures, such as a conflict of interest policy, whistleblower protections, and thorough documentation of board meeting minutes. Additionally, the organization maintains a solid program expense ratio of 72.84% and an impressive fundraising efficiency of $0.15, indicating effective use of funds toward its mission.
While the ratings do not indicate any significant limitations, the organization’s overall financial health is indicated by a low liabilities to assets ratio of 20.71% and a working capital ratio of 2.16 years, suggesting a stable financial position and capacity for sustained operations. Overall, the New York Shakespeare Festival appears to be well-managed and committed to its mission within the community.
This AI summary has been generated from information found on Charity Navigator.
Is New York Shakespeare Festival legitimate?
New York Shakespeare Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Shakespeare Festival submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,371,162
Professional Fundraising Fees: $747,769
Other Salaries and Wages: $26,678,314
For more financial information, click here
Official website here: www.publictheater.org
What is the mission statement of New York Shakespeare Festival?
The New York Shakespeare Festival is committed to creating an American theater that is accessible and relevant to all people. As the leading producer of Shakespeare and new work in the United States, the organization strives for artistic excellence and brings challenging new plays, musicals, and innovative staging of classics to the broadest possible audience. The festival's diverse offerings include both classic works and new productions from cutting-edge artists, addressing the most pressing issues of the time. Their mission was exemplified in the 2021-22 season, which featured five world premieres and several new productions from some of the boldest artists in the American theater. Despite the cancellation of the Under the Radar Festival due to various disruptions, the festival remained dedicated to supporting its artists and honoring its commitments.
Official website here: www.publictheater.org
Who is the CEO of New York Shakespeare Festival?
Patrick Willingham is the Chair of New York Shakespeare Festival.
Official website here: www.publictheater.org
What is the revenue of New York Shakespeare Festival?
New York Shakespeare Festival's revenue in 2022 was $70,543,996.
Official website here: www.publictheater.org
Who are the executives of New York Shakespeare Festival and what are their salaries?
The average compensation at New York Shakespeare Festival during 2022 was $21,142. There are 1374 employees and 45 volunteers at New York Shakespeare Festival.
Here are 54 key members and their salaries:
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Official website here: www.publictheater.org
Where can I find the form 990 for New York Shakespeare Festival?
New York Shakespeare Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.publictheater.org
Learn more at the official website: www.publictheater.org
Mission Statement of New York Shakespeare Festival
New York Shakespeare Festival, or NYSF, is a renowned organization dedicated to developing an accessible and relevant American theater through its productions of challenging new plays, musicals, and innovative stagings of the classics. The organization, which is the nation's foremost producer of Shakespeare and new work, aims to achieve artistic excellence while making theater accessible to all people.
NYSF's mission is brought to life through its Public Theater and Shakespeare in the Park, as well as its Joe's Pub venue. The downtown season at the Public Theater's mainstage features a diverse line-up of new plays, musicals, and classics, striving to present the most pressing issues of the time to the broadest possible audience. In the 2021-22 season, the organization marked the return of live performances, featuring works canceled due to the pandemic and new productions from some of the boldest and most innovative artists in the American theater. The season included five world premieres and several new York premieres, showcasing groundbreaking works and providing a platform for artists to develop their craft.
Despite the cancellation of the Under the Radar Festival due to disruptive circumstances related to the pandemic, NYSF remained committed to its artists by compensating their efforts. The organization's unwavering dedication to artistic excellence and making theater accessible to all is a testament to its enduring and meaningful impact on the American theater landscape.
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Impact
October, 2024
The New York Shakespeare Festival significantly influences the cultural landscape of New York by creating accessible and relevant theater for diverse audiences. Through its initiatives, such as Shakespeare in the Park and Joe's Pub, the festival fosters a connection between the arts and the community, emphasizing the importance of inclusivity in theater.
The Public Theater, under the festival's umbrella, stages a wide variety of new plays and classic works, including Shakespeare, that tackle pressing social issues through innovative storytelling. Its downtown programming showcases bold voices and encourages the exploration of contemporary themes, reflecting the concerns and experiences of modern audiences.
During the 2021-22 season, the festival celebrated the return of live performances and premiered several productions that challenged conventional narratives, offering world premieres and showcasing the talents of innovative artists. Events like the Under the Radar Festival further highlight the festival’s commitment to elevating global artistic voices and fostering relationships within the creative community.
By prioritizing artistry and accessibility, the New York Shakespeare Festival plays a pivotal role in shaping the American theater scene, ensuring that it remains dynamic and relevant to all people.
This information is meant to be a general summary of New York Shakespeare Festival. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $967,212
- Program Service Revenue: $8,492,625
- Gross Receipts: $78,414,254
Assets and Liabilities:
- Total Assets: $136,486,072
- Total Liabilities: $11,324,703
- Net Assets: $125,161,369
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE INCOME
Revenue
$5,663,594
CO-PRODUCTION FEES, ENHANCEMENT I
Revenue
$2,710,171
WORKSHOPS/EVENTS
Revenue
$118,860
Organization Details
Founding Year
1954
Phone
(212) 539-8500Principal Officer
Patrick Willingham
Main Address
425 LAFAYETTE STREET, NEW YORK, NY, 10003
Website
www.publictheater.orgNTEE Category
Code: A650 - Arts
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