The Independent Shakespeare Co Inc
- Assets
- $118.9k
- Revenue
- $652.3k
- Investments
- $0.0
- Employees
- 38
- Location
- Los Angeles, CA
- Founding
- 09/2004
- Data as of
- 12/2021
- EIN
- 20-1004993
Organization Overview
The Independent Shakespeare Co Inc is located in Los Angeles, CA. The organization was established in 2004. 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 12/2021, Independent Shakespeare Co Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Shakespeare Co 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 12/2021, Independent Shakespeare Co Inc generated $652.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $740.9k during the year ending 12/2021. 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
ISC BRINGS LOS ANGELES TOGETHER THROUGH EXUBERANT, SURPRISING PRODUCTIONS OF CLASSICAL PLAYS AS WELL AS NEW WORKS. IT ADDRESSES THE INEQUITY OF ACCESS TO THE PERFORMING ARTS THROUGH FREE AND LOW-COST PROGRAMMING. IT CREATES THEATER THAT IS DYNAMIC, INCLUSIVE AND ACCESSIBLE, ENRICHING THE COMMUNITY AND REACHING NEW THEATER AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRIFFITH PARK FREE SHAKESPEARE FESTIVAL -23 PERFORMANCES PRESENTED FREE TO AUDIENCESTHE TEMPEST BY WILLIAM SHAKESPEARESTRATEGICALLY PLANNED SO AUDIENCES WERE SOCIALLY DISTANT, TO KEEP CAST,CREW, AND AUDIENCE AS SAFE AS POSSIBLE. THEY WERE VIEWED BY OVER 6,000 PEOPLE AROUND THE WORLD,ON MULTIPLE ONLINE PLATFORMS.
AT AN INDOOR VENUE, THE ORGANIZATION PRESENTED THE FOLLOWINGS:RETURNED TO INDOOR PERFORMANCES WITH A CHRISTMAS CAROL WITH CHARLESDICKENS.
IN THE COMMUNITY, THE ORGANIZATION HOLDS STUDIO CLASSES IN SCENE STUDY FOR PROFESSIONAL AND NONPROFESSIONAL ACTORS WHICH MOVED ONLINE. IT EXECUTED CURRICULUM, WORKSHOPS, AND PERFORMANCES FOR 4 SCHOOLSONLINE OFFERINGS: PRESENTED THE LAST SYLLABLE, AN IMMERSIVE AND INTERACTIVE VERSION OF MACBETH BY WILLIAM SHAKESPEARE. THIS PROJECT INCORPORATED FILMED SCENES, POETRY, CARTOGRAPHY, AND ART.FILM PROJECTSSHOT OUR FIRST FEATURE FILM, LIVE AT THE PORPENTINE. AN ADAPTATION OFWILLIAM SHAKESPEARES A COMEDY OF ERRORS, THIS FILM FEATURED ORIGINALMUSIC, WAS FILMED AT ICONIC LOS ANGELES LOCATIONS, AND WAS INSPIRED BYCLASSIC SILENT COMEDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Muhlheim Treasurer | OfficerTrustee | 5 | $0 |
John Bauman Director | Trustee | 1 | $0 |
Halle Stanford Vice President | Trustee | 1 | $0 |
Pat Kraemer Vice President | Trustee | 2 | $0 |
Elizabeth Dennehy Director | Trustee | 1 | $0 |
Ebony Murphy-Root Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,280 |
| All other contributions, gifts, grants, and similar amounts not included above | $489,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $565,384 |
| Total Program Service Revenue | $86,883 |
| 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 | $652,267 |
| 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. | $130,000 |
| Compensation of current officers, directors, key employees. | $24,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,304 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,336 |
| Payroll taxes | $39,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,560 |
| Travel | $2,515 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,251 |
| Insurance | $33,252 |
| All other expenses | $61,613 |
| Total functional expenses | $740,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,139 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,943 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,785 |
| Total assets | $118,867 |
| Accounts payable and accrued expenses | $4,131 |
| 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 | $76,522 |
| Total liabilities | $80,653 |
| Net assets without donor restrictions | $38,214 |
| 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 | $118,867 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Independent Shakespeare Co Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Harold And Kathleen Gershman Foundation Grand Forks, ND PURPOSE: FURTHERANCE OF 501(C)(3)S CHARITABLE PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Conservatory Theatre Foundation San Francisco, CA | $52,882,749 | $20,975,914 |
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
Old Globe Theatre San Diego, CA | $79,168,056 | $16,473,770 |
Geffen Playhouse Inc Los Angeles, CA | $33,029,635 | $21,063,113 |
Center Theatre Group Of Los Angeles Los Angeles, CA | $93,308,392 | $15,777,431 |
Theatre & Arts Foundation Of San Diego County La Jolla, CA | $96,134,792 | $15,790,250 |
Berkeley Repertory Theatre Berkeley, CA | $78,284,133 | $11,370,014 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Theatreworks Silicon Valley Redwood City, CA | $8,373,819 | $8,187,041 |
South Coast Repertory Inc Costa Mesa, CA | $83,774,342 | $5,710,509 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |