Overview
What is Oregon Shakespeare Festival Endowment Fund?
The Oregon Shakespeare Festival Endowment Fund is a charitable organization with a primary goal of supporting the Oregon Shakespeare Festival Association, a separate 501(c)(3) entity. By receiving contributions, including donor-restricted gifts, and investing these funds using professional advice and modern portfolio management techniques, the Endowment Fund aims to provide sustainable financial assistance to the Festival. Annually, it distributes between 4% and 7% of its assets to the Festival, serving as a supplement to its operating revenues. This endowment fund contributes to the Festival's long-term financial stability, enabling it to uphold its commitment to presenting live theatre to diverse audiences.
Official website here: www.osfashland.org
Is Oregon Shakespeare Festival Endowment Fund legitimate?
Oregon Shakespeare Festival Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon Shakespeare Festival Endowment Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.osfashland.org
What is the mission statement of Oregon Shakespeare Festival Endowment Fund?
The Oregon Shakespeare Festival Endowment Fund's mission is to provide financial support for the Oregon Shakespeare Festival Association, a publicly-supported non-profit organization. The endowment fund invests contributions, including donor-restricted gifts, utilizing professional advice and modern portfolio management techniques. A portion of the fund's assets is annually distributed to the festival, between 4% and 7%, to supplement but not replace its operating revenues. This sustaining support contributes to the endowment fund's role in ensuring the festival's long-term fiscal viability, enabling it to continue presenting live theatre to diverse audiences. The endowment fund's mission ultimately aims to promote excellence in live theatre.
Official website here: www.osfashland.org
Who is the CEO of Oregon Shakespeare Festival Endowment Fund?
Eric Johnson is the President of Oregon Shakespeare Festival Endowment Fund.
Official website here: www.osfashland.org
What is the revenue of Oregon Shakespeare Festival Endowment Fund?
Oregon Shakespeare Festival Endowment Fund's revenue in 2022 was $1,883,457.
Official website here: www.osfashland.org
Who are the executives of Oregon Shakespeare Festival Endowment Fund and what are their salaries?
There 5 volunteers at Oregon Shakespeare Festival Endowment Fund.
Here are 6 key members and their salaries:
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- Related: $457,699
- Other: $23,011
Official website here: www.osfashland.org
Where can I find the form 990 for Oregon Shakespeare Festival Endowment Fund?
Oregon Shakespeare Festival Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osfashland.org
Learn more at the official website: www.osfashland.org
Mission Statement of Oregon Shakespeare Festival Endowment Fund
The Oregon Shakespeare Festival Endowment Fund is a charitable organization with a mission to support the Oregon Shakespeare Festival Association, a publicly-backed 501(C)(3) entity. This endowment fund's primary objective is to provide financial assistance to the Oregon Shakespeare Festival Association, ensuring its longevity and ability to deliver exceptional live theatre performances to a diverse audience.
To achieve its mission, the Oregon Shakespeare Festival Endowment Fund invests contributions, including donor-restricted gifts, utilizing expert advice and modern portfolio management techniques. This includes a diversified asset allocation strategy. The endowment fund distributes between 4% and 7% of its assets annually, calculated based on a moving average of recent asset balances. By offering sustainable support, the Oregon Shakespeare Festival Endowment Fund enhances the festival's long-term fiscal stability, enabling it to maintain its commitment to artistic excellence and inclusivity.
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Impact
October, 2024
The Oregon Shakespeare Festival Endowment Fund significantly enhances the financial sustainability and artistic vitality of the Oregon Shakespeare Festival Association. By strategically investing contributions, including donor-restricted gifts, the Endowment Fund generates critical annual distributions ranging from 4% to 7% of its assets. This consistent financial support is designed to supplement operating revenues, ensuring the festival can maintain its high standards of live theatrical presentations.
Through these efforts, the Endowment Fund plays a vital role in the festival’s long-term fiscal viability. It enables the organization to pursue excellence while also addressing the diverse needs of its audiences, which include a wide spectrum of racial, socio-economic, and generational backgrounds. By fostering a stable financial foundation, the Endowment Fund helps guarantee that the festival can continue offering rich cultural experiences and innovative productions for years to come.
This information is meant to be a general summary of Oregon Shakespeare Festival Endowment Fund. 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: $1,813,177
- Gross Receipts: $7,064,692
Assets and Liabilities:
- Total Assets: $31,163,322
- Total Liabilities: $378,486
- Net Assets: $30,784,836
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Organization Details
Founding Year
1966
Phone
(541) 482-2111Principal Officer
Eric Johnson
Main Address
PO BOX 158, ASHLAND, OR, 97520
Website
www.osfashland.orgNTEE Category
Code: A116 - Arts
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