Actors Shakespeare Project Inc

Actors Shakespeare Project Inc faces recurring operational deficits despite zero reported officer compensation.

EIN: 200815685 · Charlestown, MA · NTEE: A65 · Updated: 2026-03-28

$986KRevenue

$394KAssets

70/100Mission Score (Good)

A65

About Actors Shakespeare Project Inc

Actors Shakespeare Project Inc (EIN: 200815685) is a nonprofit organization based in Charlestown, MA, classified under NTEE code A65. The organization reported total revenue of $986K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Actors Shakespeare Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Actors Shakespeare Project Inc demonstrates a fluctuating financial performance over the past decade. While revenue has generally been in the range of $850,000 to $1.8 million, expenses have often exceeded revenue, leading to periods of net losses, such as in 202307 where expenses of $1,070,582 outstripped revenue of $854,577. This trend suggests a need for tighter financial management or increased fundraising efforts to ensure long-term sustainability. The organization's assets have also shown considerable variability, from a low of $98,066 in 201807 to a high of $890,525 in 201407, indicating an inconsistent financial position.

The organization's transparency appears strong regarding executive compensation, as all filings indicate 0% officer compensation. This suggests that the leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. However, the consistent operational deficits in several years, including 202307, 201807, 201707, and 201607, raise concerns about spending efficiency relative to its program delivery. A detailed breakdown of program, administrative, and fundraising expenses would provide further insight into its operational efficiency.

Overall, while the lack of officer compensation is commendable, the organization's financial health is marked by inconsistent revenue generation and expense management. The significant swings in assets and liabilities, coupled with recurring deficits, suggest a need for a more stable financial strategy. Donors should consider these trends when evaluating the organization's long-term viability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Actors Shakespeare Project Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Actors Shakespeare Project Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through non-officer categories, which is highly favorable for donor perception and suggests a strong commitment to mission over personal gain.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Actors Shakespeare Project Inc's IRS 990 filings:

Recurring operational deficits (e.g., $216,005 in 202307, $198,607 in 201707)
Significant fluctuations in assets and liabilities year-over-year
Downward trend in revenue from 201407 to 202307

Strengths

The following positive indicators were identified for Actors Shakespeare Project Inc:

0% reported officer compensation across all filings, indicating strong commitment to mission
Consistent history of filing IRS Form 990, demonstrating transparency
Maintains significant assets in some periods, such as $840,878 in 202207

Frequently Asked Questions about Actors Shakespeare Project Inc

Is Actors Shakespeare Project Inc financially stable?

The organization's financial stability is inconsistent. It has experienced significant operational deficits in multiple years (e.g., $216,005 in 202307, $55,240 in 201807, $198,607 in 201707), indicating periods where expenses exceed revenue. While some years show surpluses, the recurring deficits suggest a need for improved financial planning.

How does Actors Shakespeare Project Inc manage its assets?

Asset management appears volatile, with assets fluctuating significantly from a low of $98,066 in 201807 to a high of $890,525 in 201407. This variability could indicate inconsistent financial reserves or significant capital expenditures/disposals in certain periods.

What is the trend in revenue for Actors Shakespeare Project Inc?

Revenue has generally trended downwards from a peak of $1,847,651 in 201407 to $854,577 in 202307, with some fluctuations. This decline in revenue, coupled with sometimes stable or increasing expenses, contributes to the operational deficits.

Does Actors Shakespeare Project Inc spend efficiently?

The recurring operational deficits, where expenses frequently exceed revenue, suggest challenges in spending efficiency. For example, in 202307, expenses were $1,070,582 against revenue of $854,577. While the lack of officer compensation is positive, the overall financial performance indicates room for improvement in managing expenditures relative to income.

Filing History

IRS 990 filing history for Actors Shakespeare Project Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Actors Shakespeare Project Inc's revenue has declined by 36.6%, moving from $1.3M to $855K. Total assets increased by 81.7% over the same period, from $349K to $634K. Total functional expenses fell by 10.4%, from $1.2M to $1.1M. In its most recent filing year (2023), Actors Shakespeare Project Inc reported a deficit of $216K, with expenses exceeding revenue. The organization holds $134K in liabilities against $634K in assets (debt-to-asset ratio: 21.1%), resulting in net assets of $500K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$855K	$1.1M	$634K	$134K	—	—
2022	$934K	$664K	$841K	$124K	—	View 990
2021	$852K	$463K	$667K	$220K	—	View 990
2020	$994K	$843K	$309K	$252K	—	—
2019	$1.1M	$1.0M	$216K	$310K	—	View 990
2018	$1.1M	$1.2M	$98K	$215K	—	View 990
2017	$1.5M	$1.7M	$131K	$193K	—	View 990
2016	$1.4M	$1.7M	$285K	$148K	—	View 990
2014	$1.8M	$1.6M	$891K	$191K	—	View 990
2013	$1.6M	$1.3M	$611K	$152K	—	View 990
2012	$1.2M	$1.3M	$274K	$101K	—	View 990
2011	$1.3M	$1.2M	$349K	$163K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $855K, expenses of $1.1M, and assets of $634K (revenue -8.5% year-over-year).
2022: Revenue of $934K, expenses of $664K, and assets of $841K (revenue +9.6% year-over-year).
2021: Revenue of $852K, expenses of $463K, and assets of $667K (revenue -14.3% year-over-year).
2020: Revenue of $994K, expenses of $843K, and assets of $309K (revenue -5.4% year-over-year).
2019: Revenue of $1.1M, expenses of $1.0M, and assets of $216K (revenue -8.5% year-over-year).
2018: Revenue of $1.1M, expenses of $1.2M, and assets of $98K (revenue -23.2% year-over-year).
2017: Revenue of $1.5M, expenses of $1.7M, and assets of $131K (revenue +9.3% year-over-year).
2016: Revenue of $1.4M, expenses of $1.7M, and assets of $285K (revenue -26.0% year-over-year).
2014: Revenue of $1.8M, expenses of $1.6M, and assets of $891K (revenue +18.6% year-over-year).
2013: Revenue of $1.6M, expenses of $1.3M, and assets of $611K (revenue +25.6% year-over-year).
2012: Revenue of $1.2M, expenses of $1.3M, and assets of $274K (revenue -8.0% year-over-year).
2011: Revenue of $1.3M, expenses of $1.2M, and assets of $349K.

Data Sources and Methodology

This transparency report for Actors Shakespeare Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.