Alabama Shakespeare Festival Endowment Tr

Organization Overview

Alabama Shakespeare Festival Endowment Tr is located in Montgomery, AL. The organization was established in 1994. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Shakespeare Festival Endowment Tr 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 Endowment Tr generated $703.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $1.4m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ENDOWMENT TRUST IS CREATED EXCLUSIVELY FOR THE CHARITABLE, LITERARY, AND EDUCATIONAL PURPOSES OF THE ALABAMA SHAKESPEARE FESTIVAL, INC., A NON-PROFIT ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT TO THE ALABAMA SHAKESPEARE FESTIVAL, INC.


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Board, Officers & Key Employees

Name (title)Compensation
James K Lowder
Trustee - Chairman
$0
Robert Birmingham
Trustee
$0
Dan Harris
Trustee
$0
Eugene Stanaland
Trustee
$0
Dr Laurie Jean Weil
Trustee
$0

Financial Statements

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$145,862
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$145,862
Total Program Service Revenue$0
Investment income $250,280
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $306,822
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $702,964

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

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