Alabama Shakespeare Festival Inc

Organization Overview

Alabama Shakespeare Festival Inc is located in Montgomery, AL. The organization was established in 1976. 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, Alabama Shakespeare Festival Inc employed 159 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Shakespeare Festival 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 09/2021, Alabama Shakespeare Festival Inc generated $3.9m 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 (12.9%) each year. All expenses for the organization totaled $3.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ALABAMA SHAKESPEARE FESTIVAL, THE STATE'S THEATER, BUILDS COMMUNITY BY ENGAGING, ENTERTAINING, AND INSPIRING PEOPLE WITH TRANSFORMATIVE THEATRICAL PRODUCTIONS AND COMPELLING EDUCATIONAL AND OUTREACH PROGRAMS.

Describe the Organization's Program Activity:

ALABAMA SHAKESPEARE FESTIVAL OFFERED 2 PRODUCTIONS WITH 15 TOTAL PERFORMANCES DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Todd Schmidt
Executive Director
$177,183
Rick Dildine
Artistic Director
$152,183
Eve Loeb
Development Director
$112,801
The Honorable Vanzetta Mcpherson
Vice Chair
$0
Richard Stabler
Secretary
$0
Gordon G Martin
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$495,680
Government grants $716,251
All other contributions, gifts, grants, and similar amounts not included above$2,583,366
Noncash contributions included in lines 1a–1f $268,898
Total Revenue from Contributions, Gifts, Grants & Similar$3,795,297
Total Program Service Revenue$51,715
Investment income $80
Tax Exempt Bond Proceeds $0
Royalties $56
Net Rental Income $3,700
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,100
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $18,719
Miscellaneous Revenue$0
Total Revenue $3,904,984

Grants Recieved

Over the last fiscal year, we have identified 32 grants that Alabama Shakespeare Festival Inc has recieved totaling $659,728.

Awarding OrganizationAmount
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$175,000
Hearst Foundation Inc

New York, NY

PURPOSE: OPERATING SUPPORT

$75,000
We3 Fund

Montgomery, AL

PURPOSE: GENERAL FUND

$59,000
Daniel Foundation Of Alabama

Birmingham, AL

PURPOSE: CHARITABLE

$40,000
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$35,000
Hill Crest Foundation Inc

Mountain Brook, AL

PURPOSE: SUPPORT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,948,297
Earnings$2,219,867
Admin Expense$85,448
Net Contributions$145,862
Grants$602,463
Ending Balance$14,626,115

Peer Organizations

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