Shakespeare On The Sound Inc
EIN: 61437037 · Norwalk, CT · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $421K |
| Net Assets | $57K |
Is Shakespeare On The Sound Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shakespeare On The Sound Inc
Shakespeare On The Sound Inc (EIN: 61437037) is a nonprofit organization based in Norwalk, CT, classified under NTEE code A65. The organization reported total revenue of $312K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shakespeare On The Sound Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shakespeare On The Sound Inc is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $421K |
| Surplus / Deficit | $-58,069 |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | -16.0% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, Shakespeare On The Sound Inc reported a deficit of $58K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Shakespeare On The Sound Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | -3.7% | -51.1% |
| 2022 | +0.6% | +57.4% | -32.8% |
| 2021 | +101.0% | +86.6% | +137.1% |
| 2020 | -54.0% | -62.9% | +377.1% |
| 2019 | +23.5% | +31.5% | -31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shakespeare On The Sound Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shakespeare On The Sound Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
Frequently Asked Questions about Shakespeare On The Sound Inc
Is Shakespeare On The Sound Inc a legitimate charity?
Shakespeare On The Sound Inc (EIN: 61437037) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $312K. No red flags identified. Financial health grade: C.
How does Shakespeare On The Sound Inc spend its money?
Shakespeare On The Sound Inc reported $312K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shakespeare On The Sound Inc tax-deductible?
Shakespeare On The Sound Inc is registered as a tax-exempt nonprofit (EIN: 61437037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shakespeare On The Sound Inc located?
Shakespeare On The Sound Inc is headquartered in Norwalk, Connecticut and files with the IRS under EIN 61437037. It is classified under NTEE code A65.
How many years of IRS 990 filings does Shakespeare On The Sound Inc have?
Shakespeare On The Sound Inc has 12 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 $312K in total revenue.
Filing History
IRS 990 filing history for Shakespeare On The Sound Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Shakespeare On The Sound Inc's revenue has declined by 24.5%, moving from $480K to $363K. Total assets increased by 176.7% over the same period, from $20K to $57K. Total functional expenses fell by 17.6%, from $511K to $421K. In its most recent filing year (2023), Shakespeare On The Sound Inc reported a deficit of $58K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $363K | $421K | $57K | $0 | — | — |
| 2022 | $380K | $437K | $116K | $2K | — | View 990 |
| 2021 | $377K | $278K | $172K | $19K | — | View 990 |
| 2020 | $188K | $149K | $73K | $19K | — | View 990 |
| 2019 | $408K | $401K | $15K | $498 | — | View 990 |
| 2017 | $330K | $305K | $22K | $10K | — | View 990 |
| 2016 | $385K | $308K | $6K | $19K | — | View 990 |
| 2015 | $292K | $326K | $5K | $98K | — | View 990 |
| 2014 | $344K | $376K | $13K | $72K | — | View 990 |
| 2013 | $432K | $404K | $32K | $59K | — | View 990 |
| 2012 | $538K | $613K | $40K | $95K | — | View 990 |
| 2011 | $480K | $511K | $20K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $363K, expenses of $421K, and assets of $57K (revenue -4.5% year-over-year).
- 2022: Revenue of $380K, expenses of $437K, and assets of $116K (revenue +0.6% year-over-year).
- 2021: Revenue of $377K, expenses of $278K, and assets of $172K (revenue +101.0% year-over-year).
- 2020: Revenue of $188K, expenses of $149K, and assets of $73K (revenue -54.0% year-over-year).
- 2019: Revenue of $408K, expenses of $401K, and assets of $15K (revenue +23.5% year-over-year).
- 2017: Revenue of $330K, expenses of $305K, and assets of $22K (revenue -14.2% year-over-year).
- 2016: Revenue of $385K, expenses of $308K, and assets of $6K (revenue +32.0% year-over-year).
- 2015: Revenue of $292K, expenses of $326K, and assets of $5K (revenue -15.2% year-over-year).
- 2014: Revenue of $344K, expenses of $376K, and assets of $13K (revenue -20.4% year-over-year).
- 2013: Revenue of $432K, expenses of $404K, and assets of $32K (revenue -19.7% year-over-year).
- 2012: Revenue of $538K, expenses of $613K, and assets of $40K (revenue +12.0% year-over-year).
- 2011: Revenue of $480K, expenses of $511K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shakespeare On The Sound Inc:
Data Sources and Methodology
This transparency report for Shakespeare On The Sound 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.