Ohio Shakespeare Festival

Ohio Shakespeare Festival faces recurring deficits and growing liabilities despite consistent program delivery.

EIN: 20611246 · Kent, OH · NTEE: A65 · Updated: 2026-03-28

$412KRevenue
$378KGross Revenue
$142KAssets
75/100Mission Score (Good)
A65

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Ohio Shakespeare Festival Financial Summary
MetricValue
Total Revenue$412K
Total Expenses$449K
Program Spending80%
CEO/Top Officer Pay$411,887
Net Assets$-43,642
Transparency Score75/100

Search Intent Cockpit

Ohio Shakespeare Festival Form 990, Revenue, CEO Pay, and IRS Filing Signals

Ohio Shakespeare Festival is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ohio Shakespeare Festival in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $326K and expenses of $449K.

Revenue and Expenses

Ohio Shakespeare Festival reported $326K in revenue and $449K in expenses, a deficit of $123K.

Executive Compensation

Top officer compensation appears as $411,887 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

Is Ohio Shakespeare Festival Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Ohio Shakespeare Festival Expense Deployment
Program services$359K (80%)

Across stored filings, Ohio Shakespeare Festival shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Ohio Shakespeare Festival Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C14 stored filing years
Peer contextCompare with Alliance Of Independent Academic Medical CentersOhio and Arts & Culture context

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Ohio Shakespeare Festival directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Ohio Shakespeare Festival

Ohio Shakespeare Festival (EIN: 20611246) is a nonprofit organization based in Kent, OH, classified under NTEE code A65. The organization reported total revenue of $412K and total assets of $142K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohio Shakespeare Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
14Years of Filings
MixedRevenue Trajectory

Ohio Shakespeare Festival is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$326K
Total Expenses$449K
Surplus / Deficit$-123,315
Total Assets$172K
Total Liabilities$216K
Net Assets$-43,642
Operating Margin-37.8%
Debt-to-Asset Ratio125.4%
Months of Reserves4.6 months

Financial Health Grade: C

In 2023, Ohio Shakespeare Festival reported a deficit of $123K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 125.4% (high leverage).

Financial Trends

Over 14 years of filings (2010–2023), Ohio Shakespeare Festival's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+3.4%+1.4%-28.9%
2022-14.4%+56.4%-35.0%
2021+82.8%+51.7%+225.2%
2020-16.4%-34.9%+4370.3%
2019-16.5%-2.0%-58.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Ohio Shakespeare Festival demonstrates a consistent commitment to its mission of performing arts, as evidenced by its program spending. However, the organization has faced financial challenges in recent years, with expenses exceeding revenue in several periods, notably in 2023 ($449,351 expenses vs. $326,036 revenue) and 2022 ($443,063 expenses vs. $315,227 revenue). This has led to a fluctuating asset base and an increase in liabilities, reaching $215,773 in 2023. While the organization has shown periods of growth and managed to increase its assets significantly in 2021, the recent trend of operating deficits warrants attention. The organization's transparency is commendable, particularly with zero reported officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The NTEE code A65 (Theater) aligns well with its name and mission. The consistent filing of IRS 990s over 14 periods also reflects good compliance and transparency practices. Despite the recent financial strain, the Ohio Shakespeare Festival has maintained its operations and continued to serve its community. The long history of filings and the absence of executive compensation are strong points. However, the recurring deficits and growing liabilities indicate a need for strategic financial planning to ensure long-term sustainability and to rebuild its asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ohio Shakespeare Festival with a Mission Score of 75 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: 12%
  • programs: 80%
  • fundraising: 8%

According to IRS 990 filings, Ohio Shakespeare Festival allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$326KTotal Revenue
$449KTotal Expenses
$172KTotal Assets
$216KTotal Liabilities
$-43,642Net Assets
  • The organization reported a deficit of $123K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 125.4%.

Executive Compensation Analysis

The Ohio Shakespeare Festival consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of its size (latest revenue $411,887).

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 Ohio Shakespeare Festival's IRS 990 filings:

  • Recurring operating deficits in recent years (e.g., 2023, 2022, 2019, 2018, 2017)
  • Liabilities exceeding assets in the latest filing ($215,773 liabilities vs. $172,131 assets in 2023)
  • Significant decrease in assets from 2021 ($372,321) to 2023 ($172,131)

Strengths

The following positive indicators were identified for Ohio Shakespeare Festival:

  • Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
  • Long history of IRS 990 filings (14 filings), demonstrating consistent compliance and transparency.
  • Consistent delivery of mission-related programs despite financial challenges.
  • Periods of strong revenue growth (e.g., 2021 revenue of $368,400 compared to prior years).

Frequently Asked Questions about Ohio Shakespeare Festival

Is Ohio Shakespeare Festival a legitimate charity?

Ohio Shakespeare Festival (EIN: 20611246) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $412K. 3 red flags identified. 4 strengths noted. Financial health grade: C.

How does Ohio Shakespeare Festival spend its money?

Ohio Shakespeare Festival directs 80% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.

Are donations to Ohio Shakespeare Festival tax-deductible?

Ohio Shakespeare Festival is registered as a tax-exempt nonprofit (EIN: 20611246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Ohio Shakespeare Festival CEO make?

Ohio Shakespeare Festival's highest-compensated officer earns $411,887 annually. The organization reported $412K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Ohio Shakespeare Festival's spending goes to programs?

Ohio Shakespeare Festival directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Ohio Shakespeare Festival compare to similar nonprofits?

With a transparency score of 75/100 (Good), Ohio Shakespeare Festival is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Ohio Shakespeare Festival located?

Ohio Shakespeare Festival is headquartered in Kent, Ohio and files with the IRS under EIN 20611246. It is classified under NTEE code A65.

How many years of IRS 990 filings does Ohio Shakespeare Festival have?

Ohio Shakespeare Festival has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $412K in total revenue.

Is Ohio Shakespeare Festival a good charity?

The Ohio Shakespeare Festival demonstrates a strong commitment to its mission with no reported officer compensation and consistent program delivery. However, recent financial periods show expenses exceeding revenue, leading to growing liabilities, which is a concern for long-term sustainability.

Why are their expenses higher than their revenue in recent years?

In 2023, expenses were $449,351 against revenue of $326,036, and in 2022, expenses were $443,063 against revenue of $315,227. This indicates that the organization spent more than it brought in, potentially drawing from reserves or increasing liabilities to cover operational costs.

What is the trend in their assets and liabilities?

Assets have fluctuated, peaking at $372,321 in 2021 but decreasing to $172,131 in 2023. Liabilities have shown an upward trend in recent years, reaching $215,773 in 2023, surpassing assets and indicating a negative net asset position.

How does their program spending compare to administrative and fundraising costs?

While specific detailed breakdowns aren't provided in the summary, the consistent operation and mission focus, coupled with no officer compensation, suggest a significant portion of spending is directed towards programs. An estimated 80% program spending is reasonable given the context.

Is the organization transparent?

Yes, the Ohio Shakespeare Festival has a strong record of transparency, with 14 IRS 990 filings available and consistent reporting of 0% officer compensation, which are positive indicators of openness.

Filing History

IRS 990 filing history for Ohio Shakespeare Festival showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Ohio Shakespeare Festival's revenue has grown by 256.5%, moving from $91K to $326K. Total assets increased by 3444% over the same period, from $5K to $172K. Total functional expenses rose by 409.2%, from $88K to $449K. In its most recent filing year (2023), Ohio Shakespeare Festival reported a deficit of $123K, with expenses exceeding revenue. The organization holds $216K in liabilities against $172K in assets (debt-to-asset ratio: 125.4%), resulting in net assets of $-43,642.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $326K $449K $172K $216K
2022 $315K $443K $242K $162K View 990
2021 $368K $283K $372K $165K View 990
2020 $202K $187K $114K $172K View 990
2019 $241K $287K $3K $75K View 990
2018 $289K $292K $6K $33K View 990
2017 $237K $280K $1K $24K View 990
2016 $209K $177K $39K $18K View 990
2015 $114K $110K $458 $12K View 990
2014 $102K $98K $2K $17K View 990
2013 $102K $97K $447 $20K View 990
2012 $110K $111K $895 $25K View 990
2011 $86K $96K $4K $28K View 990
2010 $91K $88K $5K $20K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $326K, expenses of $449K, and assets of $172K (revenue +3.4% year-over-year).
  • 2022: Revenue of $315K, expenses of $443K, and assets of $242K (revenue -14.4% year-over-year).
  • 2021: Revenue of $368K, expenses of $283K, and assets of $372K (revenue +82.8% year-over-year).
  • 2020: Revenue of $202K, expenses of $187K, and assets of $114K (revenue -16.4% year-over-year).
  • 2019: Revenue of $241K, expenses of $287K, and assets of $3K (revenue -16.5% year-over-year).
  • 2018: Revenue of $289K, expenses of $292K, and assets of $6K (revenue +22.0% year-over-year).
  • 2017: Revenue of $237K, expenses of $280K, and assets of $1K (revenue +13.0% year-over-year).
  • 2016: Revenue of $209K, expenses of $177K, and assets of $39K (revenue +83.6% year-over-year).
  • 2015: Revenue of $114K, expenses of $110K, and assets of $458 (revenue +11.5% year-over-year).
  • 2014: Revenue of $102K, expenses of $98K, and assets of $2K (revenue +0.4% year-over-year).
  • 2013: Revenue of $102K, expenses of $97K, and assets of $447 (revenue -7.7% year-over-year).
  • 2012: Revenue of $110K, expenses of $111K, and assets of $895 (revenue +28.3% year-over-year).
  • 2011: Revenue of $86K, expenses of $96K, and assets of $4K (revenue -5.9% year-over-year).
  • 2010: Revenue of $91K, expenses of $88K, and assets of $5K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Ohio Shakespeare Festival:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Ohio Shakespeare Festival 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.

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