The Heart Of America Shakespeare Festival is located in Kansas City, MO. The organization was established in 1992. 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 09/2021, Heart Of America Shakespeare Festival employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of America Shakespeare Festival 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 09/2021, Heart Of America Shakespeare Festival generated $698.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $569.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 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
TO MAKE THE WORKS OF SHAKESPEARE AND SHAKESPEARE-INSPIRED WORKS ACCESSIBLE TO A DIVERSE AUDIENCE THROUGH A FREE, PROFESSIONAL, OUTDOOR FESTIVAL, AND ADDITIONAL FREE AND PAID PERFORMANCES AND EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRODUCES FREE PROFESSIONAL (ACTORS EQUITY ASSOCIATION) THEATRICAL PERFORMANCES OF SHAKESPEARE PLAYS AND PROMOTES THOSE THROUGH A VARIETY OF EDUCATIONAL PROGRAMS. FOR THE FESTIVAL'S 29TH SEASON (2020 - 2021) 5,844 ATTENDED PRODUCTIONS OR PARTICIPATED IN THESE PROGRAMS IN THE GREATER KANSAS CITY METROPOLITAN AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Ashcraft MD Vice President | OfficerTrustee | 2 | $0 |
Lisa Wendelburg VP Education | OfficerTrustee | 2 | $0 |
Allan Gray VP Community Engagement | OfficerTrustee | 2 | $0 |
Tj Lynn Co-President | OfficerTrustee | 2 | $0 |
Bill Ye Co-President | OfficerTrustee | 2 | $0 |
Michael Cline Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $133,620 |
Related organizations | $0 |
Government grants | $56,158 |
All other contributions, gifts, grants, and similar amounts not included above | $300,076 |
Noncash contributions included in lines 1a–1f | $9,707 |
Total Revenue from Contributions, Gifts, Grants & Similar | $489,854 |
Total Program Service Revenue | $100,209 |
Investment income | $7,390 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $9,188 |
Net Income from Fundraising Events | -$1,920 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $698,736 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $97,299 |
Compensation of current officers, directors, key employees. | $32,433 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $167,374 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,804 |
Payroll taxes | $22,705 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $26,706 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,349 |
Advertising and promotion | $9,878 |
Office expenses | $12,029 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,636 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $141 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,373 |
Insurance | $12,472 |
All other expenses | $16,715 |
Total functional expenses | $569,438 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $255,045 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $11,584 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,560 |
Net Land, buildings, and equipment | $22,248 |
Investments—publicly traded securities | $828,221 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,119,658 |
Accounts payable and accrued expenses | $20,179 |
Grants payable | $0 |
Deferred revenue | $8,100 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $28,279 |
Net assets without donor restrictions | $226,749 |
Net assets with donor restrictions | $864,630 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,119,658 |
Over the last fiscal year, we have identified 1 grants that The Heart Of America Shakespeare Festival has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Green Mountain Charitable Foundation Fairway, KS PURPOSE: CHARITABLE | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Municipal Theatre Association Of St Louis St Louis, MO | $124,521,689 | $24,643,540 |
Chicago Theatre Group Inc Chicago, IL | $67,225,016 | $13,268,580 |
Chicago Shakespeare Theater Chicago, IL | $57,017,216 | $17,200,053 |
Steppenwolf Theater Co Chicago, IL | $121,972,303 | $10,370,800 |
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Theatre Squared Inc Fayetteville, AR | $37,817,681 | $7,945,309 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Omaha Theater Company Omaha, NE | $9,432,355 | $7,494,980 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Lookingglass Theatre Company Chicago, IL | $2,356,485 | $3,866,114 |