American Shakespeare Center is located in Staunton, VA. The organization was established in 1990. 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 09/2022, American Shakespeare Center employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Shakespeare Center 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 09/2022, American Shakespeare Center generated $2.1m 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 (6.9%) each year. All expenses for the organization totaled $3.2m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN SHAKESPEARE CENTER ILLUMINATES THE PLAYS OF SHAKESPEARE AND HIS CONTEMPORARIES, CLASSIC AND NEW, REFRESHING THE INDIVIDUAL, FOSTERING CIVIL DISCOURSE, AND CREATING COMMUNITY IN THE BLACKFRIARS PLAYHOUSE AND BEYOND.
Describe the Organization's Program Activity:
SITUATED IN THE HEART OF THE SHENANDOAH VALLEY, THE AMERICAN SHAKESPEARE CENTER'S BLACKFRIARS PLAYHOUSE HAS DELIGHTED HUNDREDS OF THOUSANDS OF AUDIENCE MEMBERS FROM ALL OVER THE WORLD.THE ORIGINAL BLACKFRIARSSHAKESPEARE'S BLACKFRIARS THEATRE WAS ORIGINALLY A 13TH CENTURY MONASTERY. HENRY VIII DISSOLVED THE MONASTERY IN 1538 WHEN HE REMOVED THE CATHOLIC CHURCH FROM ENGLAND. THE MONASTERY'S NUMEROUS BUILDINGS AND GARDENS WERE DIVIDED UP AND SOLD OFF TO PRIVATE INTERESTS.JAMES BURBAGE PURCHASED THE PROPERTY FROM THE ESTATE OF THOMAS CAWARDEN IN 1596 AND CONVERTED IT INTO A PLAYHOUSE. SHAKESPEARE'S COMPANY BEGAN PERFORMING THERE IN 1608, CHARGING TWELVE TIMES AS MUCH FOR TICKETS TO THE INDOOR THEATRE AS THEY DID FOR THE OUTDOOR.THE ORIGINAL BLACKFRIARS BURNED IN THE 1666 GREAT FIRE OF LONDON.CONSTRUCTIONA PRODUCT OF YEARS OF RESEARCH, THE BLACKFRIARS PLAYHOUSE WAS BUILT IN 2001 AT A TOTAL CONSTRUCTION COST OF $3.7 MILLION. IT WAS DESIGNED BY THE LATE RICHMOND ARCHITECT TOM MCLAUGHLIN. FORMER SHAKESPEARE'S GLOBE DIRECTOR OF RESEARCH ANDREW GURR AND THE LATE C. WALTER HODGES, ILLUSTRATOR OF THE GLOBE, ADVISED THE WORK.TODAYTHE BLACKFRIARS PLAYHOUSE IS OPEN YEAR-ROUND FOR PERFORMANCES OF SHAKESPEARE'S PLAYS AND CONTEMPORARY WORKS IN PRODUCTIONS HAILED BY THE WASHINGTON POST AS "SHAMELESSLY ENTERTAINING." EVEN DURING THE 2020 PANDEMIC, AMERICAN SHAKESPEARE CENTER WAS ABLE TO SAFELY PRODUCE BOTH ONLINE AND FOR LIVE AUDIENCES. TERRY TEACHOUT OF THE WALL STREET JOURNAL DECLARED THAT AMERICAN SHAKESPEARE CENTER'S WAS "AMONG THE MOST AMBITIOUS RESPONSES TO THE CORONAVIRUS."
ON TOUR: MAINE TO TEXASWE HAVE BROUGHT SHAKESPEARE TO MORE THAN 500 VENUES ACROSS THE U.S. SINCE 1988. OUR TOUR HAVE REACHED UPWARDS OF 20,000 PATRONS EACH YEAR. WE USUALLY BEGIN IN SEPTEMBER EACH YEAR TRAVELING FROM VIRGINIA TO MAINE BEFORE RETURNING TO STAUNTON IN NOVEMBER, WHERE THE TROUPE PERFORMS IN OUR HOLIDAY SEASON. IN JANUARY, OUR TOURING TROUPE USUALLY TRAVELS TO TEXAS AND BACK BEFORE THEIR TRIUMPHANT RETURN TO STAUNTON FOR THE SPRING SEASON. DUE COVID, THERE WERE NO TOURS IN THE CURRENT FISCAL YEAR.
IN STUDY: CLASSROOM AND BEYONDCAMP - IN THE LAST TWO DECADES, OUR IMMERSIVE THEATRE CAMP HAS WELCOMED MORE THAN 1,200 TEENS TO STAUNTON FOR OUR TWO 3-WEEK SESSIONS.TEACHER TRAINING - WE'VE TRAINED HUNDREDS OF TEACHERS TO CURE "SHAKESFEAR" THROUGH OUR QUARTERLY TEACHER SEMINARS.CORPORATE TRAINING - OUR CORPORATE LEADERSHIP PROGRAM PROVIDES INSIGHTS INTO LEADERSHIP AND COLLABORATION BY EXPLORING HOW SHAKESPEARE'S TEXT REVEALS THE ARTS OF PERSUASION, SPOKEN AND UNSPOKEN.STUDENT WORKSHOPS - LED BY EXPERTS AT HOME OR ON THE ROAD, OUR WORKSHOPS COVER EVERYTHING FROM STAGE COMBAT TO UNRAVELING SHAKESPEARE'S TEXT.CONSORTIUM - OUR COLLEGIATE CONSORTIUM STRENGTHENS THE STUDY OF SHAKESPEARE NATIONWIDE THROUGH A MUTUAL EXCHANGE OF STUDY AND PERFORMANCE.ARCHIVES - STUDENTS AND SCHOLARS CAN MINE OUR 30 YEARS OF PRODUCTION HISTORY-- ONLINE, AT WASHINGTON & LEE UNIVERSITY, AND AT THE BLACKFRIARS PLAYHOUSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Wratchford Interim Controller | Officer | 40 | $58,551 |
Ralph Alan Cohen Director Of Mission | Trustee | 15 | $17,508 |
Carol Innes Finance Director | Officer | 40 | $8,047 |
G Rodney Young Chair | OfficerTrustee | 5 | $0 |
Kimberly West Vice Chair | OfficerTrustee | 5 | $0 |
Marc Conner Finance Committee Chair | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $603,810 |
All other contributions, gifts, grants, and similar amounts not included above | $361,954 |
Noncash contributions included in lines 1a–1f | $900 |
Total Revenue from Contributions, Gifts, Grants & Similar | $965,764 |
Total Program Service Revenue | $1,101,556 |
Investment income | $1,409 |
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 | $18,588 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,087,317 |
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. | $104,609 |
Compensation of current officers, directors, key employees. | $10,293 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,332,186 |
Pension plan accruals and contributions | $27,052 |
Other employee benefits | $97,980 |
Payroll taxes | $117,390 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $350,501 |
Advertising and promotion | $81,492 |
Office expenses | $132,077 |
Information technology | $0 |
Royalties | $17,392 |
Occupancy | $305,683 |
Travel | $34,145 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $57,655 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $125,573 |
Insurance | $54,797 |
All other expenses | $82,981 |
Total functional expenses | $3,207,424 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $348,871 |
Savings and temporary cash investments | $89,362 |
Pledges and grants receivable | $6,779 |
Accounts receivable, net | $1,424 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $23,870 |
Prepaid expenses and deferred charges | $31,960 |
Net Land, buildings, and equipment | $2,063,555 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $60,252 |
Total assets | $2,626,073 |
Accounts payable and accrued expenses | $92,126 |
Grants payable | $0 |
Deferred revenue | $352,115 |
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 | $1,449,316 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,893,557 |
Net assets without donor restrictions | $621,728 |
Net assets with donor restrictions | $110,788 |
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 | $2,626,073 |
Over the last fiscal year, we have identified 8 grants that American Shakespeare Center has recieved totaling $61,131.
Awarding Organization | Amount |
---|---|
Shubert Foundation Inc New York, NY PURPOSE: GENERAL OPERATING | $30,000 |
Community Foundation Of The Central Blue Ridge Staunton, VA PURPOSE: GENERAL SUPPORT | $13,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,631 |
Krongard Foundation Baltimore, MD PURPOSE: PROGRAM SUPPORT | $5,000 |
Mary Morton Parsons Foundation Richmond, VA PURPOSE: SUPPORT GENERAL OPERATIONS | $5,000 |
Betty Mcgowin Charitable Tr 1212005531 Mobile, AL PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
Beg. Balance | $89,343 |
Earnings | $18 |
Net Contributions | $2,000 |
Ending Balance | $91,361 |
Organization Name | Assets | Revenue |
---|---|---|
Shakespeare Theatre Washington, DC | $65,973,767 | $13,307,263 |
Ford S Theatre Society Washington, DC | $70,916,217 | $19,576,339 |
Olney Theatre Corporation Olney, MD | $19,570,202 | $9,983,104 |
Round House Theatre Inc Bethesda, MD | $10,592,034 | $5,829,495 |
Center Stage Associates Inc Baltimore, MD | $48,178,796 | $10,294,538 |
Woolly Mammoth Theatre Co Washington, DC | $10,084,762 | $5,303,229 |
Signature Theatre Inc Arlington, VA | $13,654,259 | $8,861,886 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Studio Theatre Inc Washington, DC | $29,626,352 | $6,176,456 |
Barter Foundation Incorporated State Theatre Of Virginia Abingdon, VA | $10,953,876 | $6,208,012 |
The Everyman Theatre Incorporated Baltimore, MD | $14,728,446 | $4,835,696 |
American Shakespeare Center Staunton, VA | $2,626,073 | $2,087,317 |