Prague Shakespeare Company America is located in Shoreacres, TX. The organization was established in 2015. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prague Shakespeare Company America 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 12/2023, Prague Shakespeare Company America generated $509.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $520.5k during the year ending 12/2023. While expenses have increased by 27.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUND RAISING AND FUND DISTRIBUTION.SUPPORTING THE WORK OF PRAGUE SHAKESPEARE COMPANY IN THE UNITED STATES, THE CZECH REPUBLIC, AND THROUGHOUT THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING SUMMER/WINTER SHAKESPEARE INTENSIVES; AND EDUCATIONAL AND TRAINING PROGRAM FOR US COLLEGE STUDENTS AND PROFESSIONAL ACTORS FROM US AND AROUND THE WORLD. 100 STUDENTS STUDYING ACTING FOR THE MONTHS OF JULY AND DECEMBER. THE 8TH YEAR OF ANNUAL SUMMER PROGRAM AND THE 3RD YEAR OF THE GROWING WINTER PROGRAM. THE LARGEST PROGRAMS TO DATE TO MAKE UP FOR TWO YEARS OF CANCELLATION, SIGNIFICANTLY RAISING BOTH EXPENSES AND THE PROGRAM REGISTRATION.
PROVIDE PRODUCTION SUPPORT FOR PRAGUE SHAKESPEARE COMPANY PRODUCTIONS, PERFORMING ON TOUR IN THE US AND AROUND THE WORLD. ONGOING COLLABORATION WITH MAIN STREET THEATRE HOUSTON AND OREGON SHAKESPEARE FESTIVAL'S PLAYON! INITIATIVE. IN 2023, PSC PRODUCTIONS CONTINUED TO INCLUDE MANY DISPLACED UKRAINIAN ARTISTS IN A MULTI-NATIONAL COLLABORATION WITH BREMER SHAKESPEARE COMPANY ON AN EXCITING NEW PRODUCTION OF HAMLET.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Guy Roberts Director | Trustee | 40 | $70,350 |
Jessica Boone Director | Trustee | 30 | $1,000 |
Cheryl Boone Director | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $63,434 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $63,434 |
Total Program Service Revenue | $422,145 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $508,989 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $319,551 |
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. | $71,350 |
Compensation of current officers, directors, key employees. | $71,350 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $59,686 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $51 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,985 |
Office expenses | $0 |
Information technology | $1,465 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,691 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,503 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $520,524 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1,872 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $23,411 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $21,539 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $21,539 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $21,539 |