Shakespeare & Company Inc is located in Lenox, MA. The organization was established in 1979. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, Shakespeare & Company Inc employed 153 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shakespeare & Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2021, Shakespeare & Company Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $2.6m during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SHAKESPEARE & COMPANY IS TO DELIVER A SUSTAINABLE AND VITAL PROGRAM OF PERFORMANCE, TRAINING, AND EDUCATION, INTEGRATED FOR THE DEEPENED EXPERIENCE OF THE ARTISTS, THE AUDIENCE, THE COMPANY, AND THE COMMUNITY. WE EMBRACE THE CORE VALUES OF SHAKESPEARE'S WORK: COLLABORATION, COMMITMENT TO LANGUAGE, VISCERAL EXPERIENCE AND CLASSICAL IDEALS, EXPRESSED WITH PHYSICAL PROWESS AND AN EMBODIED CONTEMPORARY VOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCE -- THE COMPANY PRODUCES LIVE THEATRICAL PERFORMANCES THAT INCLUDE THE BUILDING OF COSTUMES AND SETS FROM ORGANIC RAW MATERIALS AND DESIGNS; ORIGINAL LIGHTING AND SOUND DESIGN AND MUSICAL SCORES. IN FY 2022, MOST LIVE PERFORMANCES WERE PERFORMED OUTDOORS DURING THE SUMMER MONTHS, INDOORS IN THE FALL. COVID-19 VIRUS AND ASSOCIATED UNION RESTRICTIONS ON BUSINESS ACTIVITIES CONTINUED. WINTER STAGED READINGS AND PRODUCTION AND LECTURES WERE DEVISED AS WELL. SEATING CAPACITY PER PERFORMANCE VARIED FROM 150 TO 400. ATTENDANCE WAS BELOW PRE-PANDEMIC LEVELS.
EDUCATION -- FY22 CONSISTED OF A REENGAGING OF MANY OF OUR EDUCATION PROGRAMS PREVIOUSLY POSTPONED DUE TO COVID. MAY '22 WE LAUNCHED OUR FIRST FULLY IN-PERSON RESIDENCY AT THE HAYGROUND SCHOOL IN LONG ISLAND WORKING WITH 90+ STUDENTS AGED 3-13 YEARS; JUNE - AUGUST WE WELCOMED 200+ STUDENTS BACK TO SHAKESPEARE & COMPANY PROPERTY WITH OUR RIOTOUS YOUTH SUMMER THEATER PROGRAM FOR AGES 6-17; SEPTEMBER-NOVEMBER WE REIGNITED OUR FLAGSHIP, NATIONALLY RECOGNIZED PROGRAM, THE "FALL FESTIVAL OF SHAKESPEARE", WHICH INVOLVED 400+ HIGH SCHOOL STUDENTS FROM 10 HIGH SCHOOLS IN NY AND MA, PERFORMING 70-90 MINUTE FULLY PRODUCED SHAKESPEARE PLAYS, THIS YEAR CULMINATING IN A LIVE-STREAMED FESTIVAL FROM THE TINA PACKER PLAYHOUSE; NORTHEAST REGIONAL TOUR OF SHAKEPEARE FURTHERS CLASSICAL LITERACY IN 75 COMMUNITIES' SCHOOLS FROM MAINE TO MARYLAND, THIS YEAR REMAINED DIGITAL AND INCLUDED BOTH ONLINE AND IN-PERSON WORKSHOPS FOR OUT SCHOOL COMMUNITIES; OTHER PROGRAMS INCLUDE 5 ELEMENTARY & MIDDLE SCHOOL RESIDENCIES, REACHING OVER 500 STUDENTS AND OUR SPRING YOUNG COMPANY PROGRAM INVOLVING 15 AREA HIGH SCHOOL STUDENTS TO FURTHER THEIR ACTOR TRAINING. OUR SHAKESPEARE IN THE COURTS PROGRAM WAS SHIFTED TO BEGIN IN JULY OF '22, AS WERE OUR PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS. OUT SUMMER CONSERVATORY PROGRAM IS ON HIATUS DUE TO COVID.
TRAINING -- THE CENTER FOR ACTOR TRAINING RETURNED TO IN-PERSON PROGRAMMING WHILE CONTINUING VIRTUAL PROGRAMMING (WITH COVID PROTOCOLS IN PLACE), AND FY22 CONSISTED OF A MIXTURE OF THESE WORKSHOPS AND CLASSES IN LINKLATER VOICE, THE FELDENKREIS TECHNIQUE, TINA PACKER'S WOMEN OF WILL, CONNECTING WITH SHAKESPEARE'S TEXT, MOVEMENT, DANCE AND STRUCTURE OF THE VERSE OFFERED TO THEATER PROFESSIONALS THROUGHOUT THE WORLD. WE RETURNED TO OFFER WEEKEND INTENSIVES IN DECEMBER 2021 WITH ONE IN NYC AND ANOTHER IN RALEIGH NC IN JANUARY 2022. THE 2021 SUMMER INTENSIVE WAS CANCELLED AND TWO WEEK-LONG VIRTUAL WORKSHOPS AND ONE WEEK-LONG IN-PERSON WORKSHOP WERE HELD IN ITS' PLACE. THE JANUARY 2022 MONTH-LONG INTENSIVE WAS CANCELLED AND NO PROGRAMMING WAS HELD IN ITS' PLACE. A TOTAL OF 9 VIRTUAL WORKSHOPS/CLASSES AND 6 IN-PERSON WORKSHOPS WERE OFFERED FROM MAY 2021 TO MARCH 2022, SERVING A TOTAL OF 152 PARTICIPANTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Belton Allyn Burrows Artistic Director | OfficerTrustee | 40 | $100,615 |
Richard Martelle Finance Director/controlle | Officer | 40 | $97,823 |
Wendell Adam Davis Managing Director (until 7/2021) | Officer | 40 | $66,000 |
Kevin Coleman Trustee/director Of Educaiton | Trustee | 40 | $57,432 |
Maconnia Chesser Company Member Trustee | Trustee | 40 | $52,962 |
Christina Packer Trustee | Trustee | 40 | $51,686 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,966,119 |
Investment income | $1,449 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $14,405 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,064,726 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $258,318 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $903,545 |
Pension plan accruals and contributions | $775 |
Other employee benefits | $116,980 |
Payroll taxes | $84,978 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,810 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $163,484 |
Advertising and promotion | $10,702 |
Office expenses | $63,651 |
Information technology | $10,542 |
Royalties | $2,060 |
Occupancy | $142,853 |
Travel | $5,292 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $105,350 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $489,530 |
Insurance | $77,861 |
All other expenses | $0 |
Total functional expenses | $2,584,172 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,752 |
Savings and temporary cash investments | $835,952 |
Pledges and grants receivable | $131,000 |
Accounts receivable, net | $246,191 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,606 |
Prepaid expenses and deferred charges | $48,771 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $13,563 |
Other assets | $0 |
Total assets | $12,939,489 |
Accounts payable and accrued expenses | $357,419 |
Grants payable | $0 |
Deferred revenue | $247,960 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $2,113,392 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,718,771 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $10,220,718 |
Over the last fiscal year, we have identified 1 grants that Shakespeare & Company Inc has recieved totaling $13,500.
Awarding Organization | Amount |
---|---|
One World Fund Tr Andover, MA PURPOSE: THE GRANT IS FOR SUPPORT OF THE EDUCATION PROGRAM AND SECURING THE RIGHTS TO MUSIC FOR THE SPEAK WHAT WE FEEL DOCUMENTARY. | $13,500 |
Beg. Balance | $115,565 |
Ending Balance | $115,565 |
Organization Name | Assets | Revenue |
---|---|---|
Vivian Beaumont Theater Inc New York, NY | $199,499,593 | $19,952,200 |
American Repertory Theatre Cambridge, MA | $28,732,151 | $12,990,237 |
Signature Theatre Company New York, NY | $62,849,854 | $11,675,589 |
Playwrights Horizons Inc New York, NY | $27,151,743 | $13,749,281 |
Huntington Theatre Company Inc Boston, MA | $85,399,357 | $14,500,477 |
Manhattan Theatre Club Inc New York, NY | $95,784,807 | $15,978,594 |
Hartford Stage Company Hartford, CT | $23,293,519 | $12,254,112 |
Stella Adler Studio Of Acting New York, NY | $5,616,573 | $9,953,377 |
Storyville Center For The Spoken Word Inc New York, NY | $12,362,100 | $12,256,751 |
Second Stage Theatre New York, NY | $62,708,833 | $8,654,071 |
Atlantic Theater Company New York, NY | $26,591,945 | $8,396,675 |
Geva Theatre Center Inc Rochester, NY | $17,333,733 | $8,117,861 |