Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $6,250,000

• 1e · Government grants (contributions)

  $2,197,632

• 1f · All other contributions, gifts and grants

  $18,144,184

• 1g · Noncash contributions included above

  $345,233

• 2a · Program service revenue: PLAYS AND OTHER EVENTS

  total $7,447,604 · related or exempt $7,403,052 · unrelated business $44,552

• 2b · Program service revenue: EDUCATIONAL PROGRAMS

  total $78,968 · related or exempt $78,968

• 3 · Investment income

  total $4,865 · excluded $4,865

• 5 · Royalties

  total $8,867 · excluded $8,867

• 6a · Gross rents

  real property $126,206

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $126,206

• 6d · Net rental income or loss

  total $126,206 · excluded $126,206

• 7a · Gross sales of assets other than inventory

  securities $149

• 7b · Less cost or other basis and sales expenses

  securities $4,612 · other assets $39

• 7c · Gain or loss

  securities -$4,463 · other assets -$39

• 7d · Net gain or loss

  total -$4,502 · excluded -$4,502

• 11a · Other revenue: OTHER INCOME

  total $1,021,713 · excluded $1,021,713

• 11b · Other revenue: CONCESSIONS

  total $528,679 · excluded $528,679

• 11e · Other revenue, total

  $1,550,392

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,645,499 · program services $1,152,445 · management and general $407,951 · fundraising $85,103

• 7 · Other salaries and wages

  total $15,138,802 · program services $10,602,645 · management and general $3,753,199 · fundraising $782,958

• 8 · Pension plan contributions

  total $376,099 · program services $263,406 · management and general $93,242 · fundraising $19,451

• 9 · Other employee benefits

  total $3,146,078 · program services $2,203,394 · management and general $779,973 · fundraising $162,711

• 10 · Payroll taxes

  total $1,386,685 · program services $971,182 · management and general $343,786 · fundraising $71,717

• 11a · Fees: management

  total $505,511 · management and general $505,511

• 11b · Fees: legal

  total $68,494 · management and general $68,494

• 11c · Fees: accounting

  total $131,009 · management and general $131,009

• 11d · Fees: lobbying

  total $344,000 · management and general $344,000

• 11e · Fees: professional fundraising services

  total $307,772 · fundraising $307,772

• 11g · Fees: other

  total $1,789,610 · management and general $1,789,610

• 12 · Advertising and promotion

  total $941,429 · program services $139 · management and general $885,041 · fundraising $56,249

• 13 · Office expenses

  total $1,112,849 · program services $116,032 · management and general $996,817

• 14 · Information technology

  total $67,319 · program services $1,010 · management and general $66,309

• 15 · Royalties

  total $301,881 · program services $301,881

• 16 · Occupancy

  total $228,317 · management and general $228,317

• 17 · Travel

  total $598,010 · program services $368,120 · management and general $181,647 · fundraising $48,243

• 20 · Interest

  total $262,853 · management and general $262,853

• 22 · Depreciation, depletion and amortization

  total $1,778,118 · program services $1,678,346 · management and general $86,585 · fundraising $13,187

• 23 · Insurance

  total $321,575 · program services $288,678 · management and general $27,880 · fundraising $5,017

• 24a · Other expenses: COMMISSIONS AND FEES

  total $1,779,293 · program services $1,463,752 · management and general $14,641 · fundraising $300,900

• 24b · Other expenses: HOUSING

  total $1,574,977 · program services $1,574,977

• 24c · Other expenses: PRODUCTION

  total $554,736 · program services $554,736

• 24e · All other expenses

  total $1,879,346 · program services $1,723,797 · management and general $149,870 · fundraising $5,679

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,523,076 · end of year $1,686,182

• 2 · Savings and temporary cash investments

  beginning of year $479,738 · end of year $269,035

• 3 · Pledges and grants receivable

  beginning of year $1,237,891 · end of year $3,625,824

• 4 · Accounts receivable

  beginning of year $19,219 · end of year $9,226

• 8 · Inventories for sale or use

  beginning of year $182,980 · end of year $681,137

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,373,311 · end of year $348,438

• 10a · Land, buildings and equipment: cost or other basis

  $63,965,179

• 10b · Land, buildings and equipment: accumulated depreciation

  $33,832,019

• 10c · Land, buildings and equipment, net

  beginning of year $31,451,967 · end of year $30,133,160

• 11 · Investments: publicly traded securities

  beginning of year $177,879 · end of year $563,667

• 14 · Intangible assets

  end of year $315,833

• 15 · Other assets

  beginning of year $0 · end of year $13,240,533

• 17 · Accounts payable and accrued expenses

  beginning of year $3,712,260 · end of year $2,372,965

• 19 · Deferred revenue

  beginning of year $567,033 · end of year $992,491

• 23 · Secured mortgages and notes payable

  beginning of year $4,828,105 · end of year $6,577,516

• 25 · Other liabilities

  beginning of year $0 · end of year $13,518,244

• 27 · Net assets without donor restrictions

  beginning of year $25,871,438 · end of year $22,991,761

• 28 · Net assets with donor restrictions

  beginning of year $1,467,225 · end of year $4,420,058

The filer's explanations (Part III)

PART I, LINE 4A

SEVERANCE PAID FOR THE FOLLOWING IN THE FYE 10/31/2023: DAVID SCHMITZ $212,500 AND NATAKI MYERS $240,933

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• OSF SOLUTIONS LLC

  PRODUCTION OF THEATRICAL SOFTWARE · OR · income $0 · assets $0

  Directly controlled by OREGON SHAKESPEARE FESTIVAL ASSOCIATION

• THE CYMBELINE PROJECT LLC

  PRODUCTION OF MULTIMEDIA PRODUCTIONS · OR · income $0 · assets $0

  Directly controlled by OREGON SHAKESPEARE FESTIVAL ASSOCIATION