Overview
What is The Shakespeare Theatre?
The Shakespeare Theatre, based in Washington D.C., is a renowned nonprofit organization dedicated to the performing arts. With a mission to ignite a dialogue and encourage empathy, they present classic theatre that resonates with universal themes for all audiences. Established in 1985, they have staged over 150 productions, including every play from Shakespeare's recognized canon. Their repertoire includes six major productions annually, featuring Shakespeare plays and works by established and new playwrights. With over 300 employees, they have attracted significant recognition, including a 2012 Regional Theatre Tony Award and over 100 Helen Hayes Awards. Equity, accessibility, and inclusivity are core values. They are expanding into American classics and adapting classics like 'The Oresteia' and 'Peter Pan and Wendy'. The organization also offers free or discounted tickets to students, veterans, seniors, and community groups. They have community engagement programs and collaborate with diverse and minority-led organizations to make the theatre more accessible to a wider audience.
Official website here: www.shakespearetheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Shakespeare Theatre demonstrates a high level of accountability and finance, as indicated by its perfect score of 100% in this area. The organization benefits from a strong governance structure, with a fully independent board and effective financial oversight processes. Its financial health is solid, evidenced by favorable ratios in program expenses and fundraising efficiency, which suggest that the majority of its budget is dedicated to its mission rather than administrative costs.
Strengths highlighted in the data include a commitment to transparency and ethical governance, with policies in place for conflict of interest, whistleblower protections, and document retention. Furthermore, the organization has no significant liabilities and operates with a strong working capital ratio, indicating financial stability and the ability to fund its programs sustainably.
While the data showcases impressive financial management, ongoing efforts to engage the community and adapt to changing audience needs will be vital for long-term success. The organization should continue to leverage its strengths while exploring new opportunities for outreach and engagement to maintain its relevance in the arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Shakespeare Theatre legitimate?
The Shakespeare Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Shakespeare Theatre 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: $1,295,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,189,145
For more financial information, click here
Official website here: www.shakespearetheatre.org
What is the mission statement of The Shakespeare Theatre?
The Shakespeare Theatre Company creates, preserves, and promotes classic theatre with universal themes for all audiences. Through provocative, imaginative, and accessible productions, the company ignites a dialogue that connects the timelessness of classic works to the shared human experiences of the modern world. The theatre company stages six major productions annually, including works by established and new playwrights, adaptations of classic plays, and international presentations. Shakespeare serves as the muse, inspiring STC's unique interpretations of well-known plays, solidifying its reputation as a world-renowned Shakespearean theatre. The company has attracted significant recognition, including multiple awards, and continues to expand its repertoire to include American classics. Equity, accessibility, and inclusivity are essential to the theatre's mission, with ongoing efforts to increase diversity, equity, and inclusivity at every level.
Official website here: www.shakespearetheatre.org
What is the revenue of The Shakespeare Theatre?
The Shakespeare Theatre's revenue in 2023 was $15,190,951.
Official website here: www.shakespearetheatre.org
Who are the executives of The Shakespeare Theatre and what are their salaries?
The average compensation at The Shakespeare Theatre during 2023 was $17,049. There are 439 employees and 300 volunteers at The Shakespeare Theatre.
Here are 37 key members and their salaries:
- Compensation: $337,830
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- Other: $30,229
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- Compensation: $171,022
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- Compensation: $104,212
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- Other: $15,939
Official website here: www.shakespearetheatre.org
Where can I find the form 990 for The Shakespeare Theatre?
The Shakespeare Theatre's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.shakespearetheatre.org
Learn more at the official website: www.shakespearetheatre.org
Mission Statement of The Shakespeare Theatre
The Shakespeare Theatre Company, or STC, is a renowned organization dedicated to creating, preserving, and promoting classic theatre with universal themes for all audiences. By presenting provocative, imaginative, and accessible productions, STC ignites a dialogue that connects the timelessness of classic works to the shared human experiences of the modern world.
Through its timeless plays, STC explores themes that resonate with people regardless of background. Family, love, power, corruption - these are just a few of the topics addressed in the classical plays performed at STC. In today's political, social, and economic climate, these themes have become particularly relevant. Since its founding in 1985, STC has staged over 150 productions and reached over 2.5 million audience members.
The company typically programs six plays each season, including two Shakespeare plays and works by both established and new playwrights. STC's fresh takes on well-known plays have solidified its reputation as one of the world's great Shakespearean theatres. With major recognition including the 2012 Regional Theatre Tony Award and over 100 Helen Hayes Awards, STC's repertory of classics is unmatched by New York theatres of similar size and scale.
Equity, accessibility, and inclusivity are core values at STC. Under the leadership of Artistic Director Simon Godwin, the theatre initiated "The Shift," a multi-year plan to increase diversity, equity, and inclusivity at every level of the organization. To make the theatre more accessible, STC offers free or discounted tickets to students, veterans, seniors, and other community groups. The theatre's community engagement programs are free to the public and include workshops, performances by local artists and art organizations, and podcasts featuring interviews with artists and directors from current productions.
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Impact
October, 2024
The Shakespeare Theatre Company (STC) significantly impacts the cultural landscape of Washington, D.C., by creating, presenting, and promoting classic theatre that resonates with audiences across diverse backgrounds. By staging ambitious productions with universal themes such as family, love, power, and corruption, STC fosters a deeper understanding of the human experience, igniting dialogue and encouraging empathy among its audience members.
Operating two theaters in downtown D.C., STC presents six major productions annually, including programs that feature both Shakespeare's works and contemporary plays by established and new playwrights. Since its founding in 1985, STC has reached over 2.5 million people, solidifying its reputation as one of the premier Shakespearean theatres in the world.
Education and accessibility are also central to STC's mission. Their education department offers a variety of classes, camps, and in-school programs that engage approximately 150,000 participants each year. Community engagement initiatives include free events and workshops designed to reach underrepresented groups, reinforcing the theatre’s commitment to equity, inclusivity, and accessibility.
Under the artistic leadership of Simon Godwin, STC has expanded its repertoire to include significant American classics, enhancing its offerings while diversifying the stories told on stage. The organization's "THE SHIFT" initiative aims at increasing diversity at all levels of the company, from the selection of plays to the recruitment of staff and artists.
Through its innovative productions and dedication to community connections, The Shakespeare Theatre Company enriches the cultural fabric of Washington, D.C., making classic theatre relevant and accessible to all.
This information is meant to be a general summary of The Shakespeare Theatre. 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 2023.
- Investment Income: $252,406
- Program Service Revenue: $6,897,306
- Gross Receipts: $15,549,301
Assets and Liabilities:
- Total Assets: $68,738,785
- Total Liabilities: $16,681,848
- Net Assets: $52,056,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRODUCTIONS
Revenue
$5,278,677
EDUCATIONAL PROGRAMS
Revenue
$1,166,450
TOUR INCOME AND BOOKINGS
Revenue
$292,370
CONCESSIONS AND OTHER SALES
Revenue
$159,809
Organization Details
Founding Year
1985
Principal Officer
Chris Jennings
Website
www.shakespearetheatre.orgNTEE Category
Code: A650 - Arts
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