Overview
What is Tennessee Shakespeare Company?
Tennessee Shakespeare Company, based in Memphis, Tennessee, is a distinguished nonprofit organization that specializes in classical theatre performances, primarily by William Shakespeare. Aside from this, they also showcase plays of significant social value by both contemporary and southern writers/composers. Their mission extends beyond entertainment, offering innovative education, training, and outreach programs for individuals of various backgrounds and abilities. During the 2021-22 season, they presented numerous productions, including a world premiere adaptation of Henry VI: Wars of the Roses, and various learning opportunities. The company actively engaged with approximately 30,000 individuals both in-person and virtually, demonstrating a strong commitment to their community.
Official website here: www.tnshakespeare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Tennessee Shakespeare Company has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas where the organization can enhance its accountability and financial practices. While the organization excels in certain areas such as having an independent board and proper financial oversight, it falls short in critical governance components. Specifically, the lack of a conflict of interest policy and a whistleblower policy are significant limitations that impact its overall score.
The company demonstrates a solid commitment to financial transparency, with a low liabilities to assets ratio and a reasonable program expense ratio. However, the program expense ratio of 52.06% suggests that a substantial portion of its expenditures may not be dedicated directly to its mission-driven programs. This highlights a need for improved allocation of resources to ensure that more funding goes towards supporting Shakespearean arts initiatives.
Overall, while Tennessee Shakespeare Company shows promise with strong governance in certain aspects, it must address its policy shortcomings and improve its program funding allocation to enhance its rating and better serve its community. Addressing these issues is essential for building trust and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Shakespeare Company legitimate?
Tennessee Shakespeare Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Shakespeare Company 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: $66,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $286,539
For more financial information, click here
Official website here: www.tnshakespeare.org
What is the mission statement of Tennessee Shakespeare Company?
The Tennessee Shakespeare Company serves as the first and only professional, non-profit organization in its field, dedicated to presenting live performances of Shakespeare's plays and works of social significance by various classical, southern, and modern playwrights/composers. Their mission extends beyond the stage, encompassing innovative education, training, and outreach programs. This organization is committed to providing engaging and diverse theatrical experiences while also fostering educational opportunities and outreach initiatives.
Official website here: www.tnshakespeare.org
Who is the CEO of Tennessee Shakespeare Company?
Dan Mccleary is the Producing Ar of Tennessee Shakespeare Company.
Official website here: www.tnshakespeare.org
What is the revenue of Tennessee Shakespeare Company?
Tennessee Shakespeare Company's revenue in 2022 was $1,096,011.
Official website here: www.tnshakespeare.org
Who are the executives of Tennessee Shakespeare Company and what are their salaries?
The average compensation at Tennessee Shakespeare Company during 2022 was $17,637. There are 20 employees and 15 volunteers at Tennessee Shakespeare Company.
Here are 18 key members and their salaries:
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Official website here: www.tnshakespeare.org
Where can I find the form 990 for Tennessee Shakespeare Company?
Tennessee Shakespeare Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tnshakespeare.org
Learn more at the official website: www.tnshakespeare.org
Mission Statement of Tennessee Shakespeare Company
The Tennessee Shakespeare Company is a unique, professional, and not-for-profit organization based in Memphis. Its mission is twofold: firstly, it aims to bring to life diverse performances of works by William Shakespeare and other significant playwrights, both classical and modern. These performances encompass a range of social themes, making the company a valuable contributor to the local theatrical scene.
Secondly, the Tennessee Shakespeare Company is committed to providing innovative education, training, and outreach programs. Through these initiatives, it seeks to engage and inspire a wide audience, fostering an appreciation for the arts and promoting social discourse. The organization's educational programs aim to make Shakespeare's works accessible and relevant, while its training programs equip aspiring actors and theatre professionals with the skills needed to excel in their craft. The outreach programs, in turn, extend the company's reach beyond the stage, engaging with the community and fostering a love for the arts among diverse audiences.
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Impact
October, 2024
Tennessee Shakespeare Company significantly enriches the cultural landscape of Memphis through its commitment to diverse and professional theatrical performances. As the Mid-South's only professional classical theatre company, it focuses on the works of William Shakespeare alongside meaningful narratives from classical, Southern, and contemporary playwrights. This unique dedication allows the company to explore themes of social significance, fostering a deeper understanding of both historical and modern issues.
The organization also prioritizes innovative education and outreach programming, serving learners of all ages, abilities, and backgrounds. Its initiatives, such as the "Romeo and Juliet Project," the "Macbeth Initiative," and specialized programs for military veterans, demonstrate its commitment to community engagement and education. In the 2021-22 season alone, Tennessee Shakespeare Company created over 30,000 points of contact, both in-person and virtually, impacting a wide audience.
By premiering unique adaptations and new works, as well as hosting events like the Children's Literacy Gala and the Literary Salon Series, Tennessee Shakespeare Company effectively cultivates a love for the arts and literature within the community. Its presence not only enhances Memphis's cultural offerings but also nurtures a vibrant dialogue around important social themes, ultimately contributing to the overall enrichment of the community.
This information is meant to be a general summary of Tennessee Shakespeare Company. 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: $40
- Program Service Revenue: $38,265
- Gross Receipts: $1,106,090
Assets and Liabilities:
- Total Assets: $3,275,841
- Total Liabilities: $26,544
- Net Assets: $3,249,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$38,235
SHAKESPEARE YOUTH CAMP
Revenue
$30
Organization Details
Phone
(901) 759-0620Principal Officer
Dan Mccleary
Main Address
7950 TRINITY ROAD, MEMPHIS, TN, 380186297
Website
www.tnshakespeare.orgNTEE Category
Code: A65 - Arts
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