Chicago Shakespeare Theater

Organization Overview

Chicago Shakespeare Theater is located in Chicago, IL. The organization was established in 1987. 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 06/2022, Chicago Shakespeare Theater employed 231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Shakespeare Theater 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 06/2022, Chicago Shakespeare Theater generated $17.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $12.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BRING TO LIFE THE PLAYS OF SHAKESPEARE AND PRESENT OTHER GREAT PERFORMANCES FOR AUDIENCES FROM ALL WALKS OF LIFE AND FROM AROUND THE GLOBE.

Describe the Organization's Program Activity:

(SEE SCHEDULE O)CHICAGO SHAKESPEARE THEATER'S YEAR-ROUND SEASON FEATURES AS MANY AS TWENTY PRODUCTIONS AND 650 PERFORMANCES, INCLUDING PLAYS, MUSICALS, WORLD PREMIERES, MULTIGENERATIONAL AND COMMUNITY PROGRAMMING, AND PRESENTATIONS FROM AROUND THE GLOBE. CHICAGO SHAKESPEARE'S ARTISTIC PROGRAM RANGES FROM VISCERAL INTERPRETATIONS OF SHAKESPEARE TO MODERN PLAYS AND MUSICALS, NEW WORK AND UNIQUE SITE-SPECIFIC, IMMERSIVE THEATRICAL EVENTS. EACH SEASON, THE THEATER COLLABORATES WITH RENOWNED INTERNATIONAL ARTISTS AND COMPANIES; DEVELOPS INNOVATIVE NEW WORK; AND PARTNERS WITH CHICAGO'S SCHOOLS, NEIGHBORHOODS, AND MORE THAN 600 COMMUNITY ORGANIZATIONS ACROSS THE CITY SERVING 225,000 AUDIENCE MEMBERS ANNUALLY, WITH ONE IN FOUR UNDER THE AGE OF EIGHTEEN. THE COMPANY SPEARHEADED SHAKESPEARE 400 CHICAGO, CELEBRATING SHAKESPEARE'S LEGACY IN A CITYWIDE, YEARLONG INTERNATIONAL ARTS AND CULTURE FESTIVAL, WHICH ENGAGED 1.1 MILLION PEOPLE. THE THEATER'S NATIONALLY ACCLAIMED ARTS-IN-LITERACY PROGRAMS SUPPORT THE WORK OF ENGLISH AND DRAMA TEACHERS, AND BRING SHAKESPEARE TO LIFE ON STAGE FOR TENS OF THOUSANDS OF THEIR STUDENTS EACH SCHOOL YEAR. OVER THE SUMMER, THE COMPANY TOURS A PROFESSIONAL PRODUCTION OF SHAKESPEARE'S WORK, FREE FOR ALL, TO NEIGHBORHOOD PARKS ACROSS THE CITY. IN 2017 THE THEATER UNVEILED THE YARD AT CHICAGO SHAKESPEARE-WITH ITS INNOVATIVE DESIGN THAT HAS CHANGED THE SHAPE OF THEATER ARCHITECTURE. TOGETHER WITH THE JENTES FAMILY COURTYARD THEATER AND THE THOMA THEATER UPSTAIRS, THE YARD POSITIONS CHICAGO SHAKESPEARE AS THE CITY'S MOST VERSATILE PERFORMING ARTS CENTER. THE THEATER IS COMMITTED TO MAKING ITS FACILITY AND PERFORMANCES ACCESSIBLE TO ALL PATRONS, INCLUDING THOSE WHO ARE BLIND OR HAVE LOW VISION, THOSE WHO ARE DEAF OR HAVE HEARING LOSS, AND THOSE WITH MOBILITY DISABILITIES. CHICAGO SHAKESPEARE OFFERS AMERICAN SIGN LANGUAGE DUO-INTERPRETATION, OPEN CAPTIONING, AUDIO DESCRIPTION, TOUCH TOURS, AND LARGE-PRINT AND BRAILLE PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Integrated Marketing
Advertising
$215,678
Dyopath
It Services
$121,280
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$760,922
Related organizations$0
Government grants $5,908,751
All other contributions, gifts, grants, and similar amounts not included above$6,638,549
Noncash contributions included in lines 1a–1f $133,989
Total Revenue from Contributions, Gifts, Grants & Similar$13,308,222
Total Program Service Revenue$2,694,452
Investment income $661,928
Tax Exempt Bond Proceeds $0
Royalties $285,932
Net Rental Income -$88,713
Net Gain/Loss on Asset Sales $382,225
Net Income from Fundraising Events -$150,864
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $77,591
Miscellaneous Revenue$0
Total Revenue $17,200,053

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chicago Shakespeare Theater has recieved totaling $10,000.

Awarding OrganizationAmount
Warwick Foundation

Northfield, IL

PURPOSE: GENERAL FUNDS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,243,006
Earnings-$2,322,767
Net Contributions-$28,987
Other Expense$680,000
Ending Balance$14,211,252

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