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Nonprofiteer
← SHAKESPEARE THEATRE

Form 990 for tax year 2022

Filed by SHAKESPEARE THEATRE.

Totals

Total revenue
$15,190,951
Total expenses
$19,205,034
Contributions and grants received
$7,499,661
Grants paid
$36,875
Program service revenue
$6,897,306
Investment income
$252,406
Other revenue
$541,578
Total assets, end of year
$64,257,141
Total liabilities, end of year
$15,956,112
Net assets or fund balances, end of year
$48,301,029
Program services expenses (Part IX)
$13,877,779
Management and general expenses
$4,146,288
Fundraising expenses
$1,180,967
Program service expenses (Part III)
$13,877,779

Program services were 72.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $857,106

  • 1f · All other contributions, gifts and grants

    $6,642,555

  • 2a · Program service revenue: PRODUCTIONS

    total $5,278,677 · related or exempt $5,278,677

  • 2b · Program service revenue: EDUCATIONAL PROGRAMS

    total $1,166,450 · related or exempt $1,166,450

  • 2c · Program service revenue: TOUR INCOME AND BOOKINGS

    total $292,370 · related or exempt $292,370

  • 2d · Program service revenue: CONCESSIONS AND OTHER SALES

    total $159,809 · related or exempt $159,809

  • 3 · Investment income

    total $252,406 · excluded $252,406

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $857,106

  • 8b · Fundraising events: direct expenses

    $358,350

  • 8c · Net income from fundraising events

    total -$358,350 · excluded -$358,350

  • 11a · Other revenue: OTHER INCOME

    total $899,928 · related or exempt $899,928

  • 11e · Other revenue, total

    $899,928

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $36,875 · program services $36,875

  • 5 · Compensation of officers, directors and key employees

    total $1,295,581 · program services $1,099,795 · management and general $116,243 · fundraising $79,543

  • 7 · Other salaries and wages

    total $6,189,145 · program services $5,160,655 · management and general $809,358 · fundraising $219,132

  • 8 · Pension plan contributions

    total $153,224 · program services $116,663 · management and general $31,741 · fundraising $4,820

  • 9 · Other employee benefits

    total $1,120,821 · program services $995,714 · management and general $69,292 · fundraising $55,815

  • 10 · Payroll taxes

    total $616,206 · program services $500,828 · management and general $64,106 · fundraising $51,272

  • 11b · Fees: legal

    total $12,095 · management and general $12,095

  • 11c · Fees: accounting

    total $48,180 · management and general $48,180

  • 11g · Fees: other

    total $750,730 · program services $317,388 · management and general $192,098 · fundraising $241,244

  • 12 · Advertising and promotion

    total $325,653 · program services $325,653

  • 13 · Office expenses

    total $683,772 · program services $616,465 · management and general $1,874 · fundraising $65,433

  • 14 · Information technology

    total $515,903 · program services $515,903

  • 15 · Royalties

    total $153,820 · program services $153,820

  • 16 · Occupancy

    total $1,924,308 · program services $1,859,107 · fundraising $65,201

  • 17 · Travel

    total $105,551 · program services $79,647 · management and general $18,121 · fundraising $7,783

  • 20 · Interest

    total $718,563 · program services $154,011 · management and general $532,244 · fundraising $32,308

  • 22 · Depreciation, depletion and amortization

    total $1,860,393 · management and general $1,860,393

  • 23 · Insurance

    total $183,960 · management and general $183,960

  • 24a · Other expenses: MISCELLANEOUS

    total $1,212,547 · program services $968,769 · management and general $136,583 · fundraising $107,195

  • 24b · Other expenses: PRODUCTION FEES

    total $999,750 · program services $976,486 · fundraising $23,264

  • 24c · Other expenses: CATERING

    total $227,957 · fundraising $227,957

  • 24d · Other expenses: BAD DEBT

    total $70,000 · management and general $70,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,075,816 · end of year $4,354,058

  • 3 · Pledges and grants receivable

    beginning of year $2,392,083 · end of year $1,715,039

  • 4 · Accounts receivable

    beginning of year $367,028 · end of year $175,222

  • 9 · Prepaid expenses and deferred charges

    beginning of year $398,313 · end of year $449,750

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

    $87,548,688

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

    $35,316,755

  • 10c · Land, buildings and equipment, net

    beginning of year $53,355,376 · end of year $52,231,933

  • 12 · Investments: other securities

    beginning of year $4,355,718 · end of year $4,482,302

  • 15 · Other assets

    beginning of year $794,451 · end of year $848,837

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,172,113 · end of year $1,713,442

  • 19 · Deferred revenue

    beginning of year $3,180,332 · end of year $3,171,607

  • 23 · Secured mortgages and notes payable

    beginning of year $11,329,403 · end of year $11,071,063

  • 27 · Net assets without donor restrictions

    beginning of year $46,460,058 · end of year $44,006,273

  • 28 · Net assets with donor restrictions

    beginning of year $5,596,879 · end of year $4,294,756

Mission and programs · 2022

Mission

THE SHAKESPEARE THEATRE COMPANY CREATES, PRESERVES AND PROMOTES CLASSIC THEATRE-AMBITIOUS, ENDURING PLAYS WITH UNIVERSAL THEMES-FOR ALL AUDIENCES. THROUGH THE CREATION OF PROVOCATIVE, IMAGINATIVE, AND ACCESSIBLE THEATRE, STC IGNITES A DIALOGUE THAT CONNECTS THE UNIVERSALITY OF CLASSIC WORKS TO THE SHARED HUMAN EXPERIENCES OF THE MODERN WORLD.

Activities or mission (Part I)

SHAKESPEARE THEATRE COMPANY CREATES WORLD-CLASS (SEE SCHEDULE O FOR CONTINUATION)

  • PERFORMING ARTS PROGRAMS: AT STC, A CLASSICAL PLAY IS DEFINED NOT ONLY BY THE CALIBER OF ITS LANGUAGE, BUT BY THE TIMELESSNESS OF THE HUMAN EXPERIENCES AND DILEMMAS IT ADDRESSES AND THE PROFOUND QUESTIONS IT POSES. FAMILY, LOVE, POWER, CORRUPTION, ARE ALL THEMES WITH RELEVANCE TO PEOPLE REGARDLESS OF BACKGROUND, WHICH ARE ESPECIALLY TIMELY IN LIGHT OF CURRENT NATIONAL AND INTERNATIONAL POLITICAL, SOCIAL, AND ECONOMIC CHALLENGES.SINCE ITS FOUNDING IN 1985, STC HAS STAGED MORE THAN 150 PRODUCTIONS, INCLUDING EVERY PLAY IN SHAKESPEARE'S RECOGNIZED CANON, AND REACHED OVER 2.5 MILLION AUDIENCE MEMBERS. STC PRODUCES 6-7 MAINSTAGE PRODUCTIONS ANNUALLY. ARTISTIC DIRECTOR SIMON GODWIN CULTIVATES A SEASON OF NEW AND CLASSIC THEATRE RANGING FROM SHAKESPEARE PLAYS TO NEW REVIVALS AND WORLD PREMIERES, NEW COMMISSIONS, MUSICALS, AND INTERNATIONAL PRESENTATIONS, TELLING VITAL STORIES IN AUDACIOUS, NEW WAYS THAT SPEAK TO A WIDE AUDIENCE.SHAKESPEARE IS OUR MUSE, AND STC'S FRESH TAKES ON WELL-KNOWN PLAYS SOLIDIFIED STC'S REPUTATION AS T "THE NATION'S FOREMOST SHAKESPEARE COMPANY" (THE WALL STREET JOURNAL) (PRODUCING "A REPERTORY OF CLASSICS THAT NO NEW YORK THEATRE OF SIMILAR SIZE AND SCALE CAN MATCH" (THE NEW YORK TIMES). STC HAS ATTRACTED MAJOR RECOGNITION INCLUDING THE 2012 REGIONAL THEATRE TONY AWARD AND 100+ HELEN HAYES AWARDS.THE THEATRE COMMISSIONS ADAPTATIONS OF CLASSIC PLAYS SUCH AS AESCHYLUS'S "THE ORESTEIA" IN 2019, ADAPTED BY ELLEN MCLAUGHLIN AND "PETER PAN AND WENDY," AN ADAPTATION OF J.M. BARRY'S EARLY 20TH C. NOVEL BY AMERICAN PLAYWRIGHT LAUREN GUNDERSON. ARTISTIC DIRECTOR SIMON GODWIN HAS EXPANDED INTO AMERICAN CLASSICS, PRODUCING JAMES BALDWIN'S "THE AMEN CORNER" IN 2020, THE FIRST MAJOR PRODUCTION SINCE ITS 1955 PREMIERE AT HOWARD UNIVERSITY AND THORNTON WILDER'S PULITZER PRIZE WINNING OUR TOWN IN 2022. EQUITY, ACCESSIBILITY AND INCLUSIVITY ARE CORE TO STC'S MISSION, AND UNDER GODWIN'S LEADERSHIP, STC INITIATED "THE SHIFT," A MULTI-YEAR PLAN TO INCREASE DIVERSITY, EQUITY, AND INCLUSIVITY AT EVERY LEVEL OF THE ORGANIZATION, FROM THE ACTORS AND WORKS ONSTAGE, TO STAFF AND BOARD, TO EXTERNAL PARTNERS. THE DIRECTOR OF EQUITY AND ENRICHMENT, A SENIOR STAFF POSITION CREATED IN 2020, MANAGES INTERNAL EQUITY ISSUES AND WORKS WITH THE DIRECTOR OF HUMAN RESOURCES TO RECRUIT DIVERSE CANDIDATES AND CULTIVATE COMMUNITY PARTNERSHIPS WITH DIVERSE AND MINORITY-LED ORGANIZATIONS. TO MAKE THE THEATRE MORE ACCESSIBLE, STC OFFERS FREE OR DISCOUNTED TICKETS TO STUDENTS, VETERANS, SENIORS, YOUNG PROFESSIONALS, AND OTHER COMMUNITY GROUPS THAT COULD NOT ATTEND OTHERWISE. STC'S COMMUNITY ENGAGEMENT PROGRAMS ARE FREE TO THE PUBLIC AND INCLUDE DISCUSSIONS CURATED BY STC'S STAFF, PODCASTS FEATURING INTERVIEWS WITH ARTISTS AND DIRECTORS FROM CURRENT PRODUCTIONS, PERFORMANCES BY LOCAL ARTISTS AND ART ORGANIZATIONS, WORKSHOPS, AND MORE.

    Expenses $12,853,664 · Revenue $5,730,856

  • EDUCATION PROGRAMS: STC'S ENGAGEMENT AND EDUCATION DEPARTMENT HAS PROVIDED ARTS EDUCATION EXPERIENCES TO OVER 100,000 CHILDREN AND ADULTS . THROUGH ACCESSIBLE, HIGH-CALIBER EDUCATION PROGRAMS LED BY PROFESSIONAL TEACHING ARTISTS, STC TOUCHES PEOPLE OF ALL AGES AND BACKGROUNDS, AND THROUGH STC ACADEMY, ITS GRADUATE TRAINING PROGRAM, STC FOSTERS THE NEXT GENERATION OF CLASSICAL ARTISTS.RENAMED AS STC LEARNING, THE TEAM MAINTAINS LONGTIME PARTNERSHIPS WITH ALL DC PUBLIC AND PUBLIC CHARTER SCHOOLS, AS WELL AS SCHOOLS IN MARYLAND AND VIRGINIA. WORKING WITH LOCAL TEACHERS, STC INTEGRATES COMMON CORE-ALIGNED THEATRE ARTS EDUCATION PROGRAMMING INTO INDIVIDUAL CLASSROOMS. BORN OUT OF NECESSITY DURING THE PANDEMIC, STC IS DEVELOPING INNOVATIVE ONLINE PROGRAMS TO REACH PARTICIPANTS ACROSS THE COUNTRY. STC OFFERS A VARIETY OF EDUCATIONAL PROGRAMMING. THE LEARNING DEPARTMENT OFFERS THREE LEVELS OF ENGAGEMENT FOR MIDDLE AND HIGH SCHOOL STUDENTS: 1) STUDENT MATINEES, THE LARGEST EDUCATIONAL PROGRAM, BRING STUDENTS FROM THE DC, MARYLAND, AND VIRGINIA TO THE THEATRE FOR AN STC MATINEE AT LITTLE COST, PROVIDING MANY STUDENTS THEIR FIRST INTRODUCTION TO LIVE THEATRE. PERFORMANCES ARE SUPPLEMENTED BY PRE-SHOW WORKSHOPS AND POST-SHOW TALKBACKS; 2) WORKSHOPS SEND TEACHING ARTISTS TO LOCAL CLASSROOMS TO SUPPORT STUDENTS AND TEACHERS STUDYING SHAKESPEARE WITH PERFORMANCE-BASED ACTIVITIES THAT PROMOTE ACTIVE LEARNING; AND 3) RESIDENCIES PROVIDE A CLASSROOM WITH 10 TEACHING ARTIST-LED WORKSHOPS, DURING WHICH STUDENTS EXAMINE THREE DIFFERENT PLAYS THROUGH A VARIETY OF LENSES INCLUDING SET DESIGN, COSTUMES, CHARACTER DEVELOPMENT, TEXT DISSECTION, AND MORE. STUDENTS THEN CHOOSE ONE OF THESE PLAYS AND CREATE A FINAL PERFORMANCE BASED ON WHAT THEY'VE LEARNED IN THEIR WORKSHOPS CULMINATING WITH STUDENTS FROM EACH CLASS DEVELOPING AND PERFORMING THEIR OWN VERSION OF A SCENE FROM THE PLAY AT A "FESTIVAL DAY" FOR FRIENDS, FAMILY, AND OTHER PARTICIPATING CLASSROOMS. STC ALSO OFFERS A VARIETY OF ACTING CLASSES FOR YOUTH AND ADULTS, AS WELL AS 10 WEEKS OF CAMP SHAKESPEARE FOR AGES 5 18.STC OFFERS NUMEROUS FREE PROGRAMS INCLUDING DISCUSSIONS, PODCASTS, "ASIDES," STC'S DRAMATURGICAL MAGAZINE PRODUCED FOR EACH PLAY, A COMPREHENSIVE "GUIDE TO THE SEASON'S PLAYS," ALONG WITH ADULT CLASSES IN ACTING AND PROFESSIONAL DEVELOPMENT FORBOTH AMATEUR AND PROFESSIONAL ACTORS. STC'S COMMUNITY ENGAGEMENT PROGRAMS BUILD CONNECTIONS WITH DC RESIDENTS AND LOCAL ARTISTS. STC HAS DEVELOPED PARTNERSHIPS WITH LOCAL ORGANIZATIONS INCLUDING HOWARD UNIVERSITY AND THE NATIONAL MUSEUM FOR AFRICAN AMERICAN HISTORY AND CULTURE TO PROVIDE ACCESSIBLE PUBLIC PROGRAMMING COMPLEMENTING THE WORK ON STAGE LIKE 2020'S "AMEN BALDWIN: A LIVING CELEBRATION," WHICH OFFERED A FILM SERIES, PERFORMANCES, EXHIBITIONS, LECTURES, AND MORE. STC PARTICIPATES IN REGIONAL FESTIVALS, PROVIDING DEMONSTRATIONS AND EDUCATIONAL MATERIALS AND OFFERS VOLUNTEER OPPORTUNITIES FOR HIGH SCHOOL AND COLLEGE STUDENTS.IN PARTNERSHIP WITH GEORGE WASHINGTON UNIVERSITY, STC OFFERS A MASTER OF FINE ARTS DEGREE TO TRAIN THE NEXT GENERATION OF ACTORS. THE ACADEMY FOR CLASSICAL ACTING (ACA) IS FULLY ACCREDITED AND HIGHLY COMPETITIVE. NOW ENTERING ITS 24TH YEAR, THE ACA TYPICALLY ACCEPTS ONLY 18-20 APPLICANTS PER YEAR TO ENSURE RIGOROUS, INTENSIVE TRAINING. STUDENTS OFTEN SERVE AS UNDERSTUDIES IN MAJOR STC PRODUCTIONS, AND ALUMNI PERFORM IN PROFESSIONAL THEATRE COMPANIES AROUND THE COUNTRY.

    Expenses $1,024,115 · Grants $36,875 · Revenue $1,166,450

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Simon Godwin

    ARTISTIC DIRECTOR (EX OFFICIO)

    Total calculated
    $368,059
    From this org
    $337,830
    From related orgs
    $0
    Other
    $30,229
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $337,830
    Bonus
    $0
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $18,229
    Filer's total
    $368,059
  • Chris Jennings Ex Officio Non-Votin

    EXECUTIVE DIRECTOR (EX OFFICIO)

    Total calculated
    $352,255
    From this org
    $323,599
    From related orgs
    $0
    Other
    $28,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $323,599
    Bonus
    $0
    Other
    $0
    Deferred
    $21,750
    Nontaxable benefits
    $6,906
    Filer's total
    $352,255
  • Abbe David Lowell

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Emily Lenzner

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Michael Paese

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Anita Antenucci

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Nicholas W Allard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Bahar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeffrey D Bauman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michael Beriss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Landon Butler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Monica Dixon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Elmendorf

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dr Mark Epstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Erkiletian

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nicole Francis Reynolds

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Michelle Gillis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Barbara Harman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Scott Kaufmann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sudhakar Kesavan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J Kendall Lott

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Gail MacKinnon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bernard F McKay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maureen McMurphy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dr Michelle McMurray-Heath

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Melissa A Moss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Karishma Shah Page

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dame Karen Pierce Dcmg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Vincent Roberti

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephen M Ryan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sumeet Shrivastava

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rob Wilder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephen M Ryan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Laura Willumsen

    SENIOR DIRECTOR OF DEVELOPMENT

    Total calculated
    $182,193
    From this org
    $171,022
    From related orgs
    $0
    Other
    $11,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,022
    Bonus
    $0
    Other
    $0
    Deferred
    $3,497
    Nontaxable benefits
    $7,674
    Filer's total
    $182,193
  • Neal Racioppo

    SENIOR DIRECTOR OF MARKETING AND PUBLIC RELATIONS

    Total calculated
    $137,708
    From this org
    $121,016
    From related orgs
    $0
    Other
    $16,692
    Hours/week
    40
  • James W Roemer

    SENIOR DIRECTOR OF ADMINISTRATION

    Total calculated
    $135,215
    From this org
    $122,507
    From related orgs
    $0
    Other
    $12,708
    Hours/week
    40
  • Tom Haygood

    SENIOR DIRECTOR OF PRODUCTION

    Total calculated
    $120,151
    From this org
    $104,212
    From related orgs
    $0
    Other
    $15,939
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
TOM HAYGOOD RECEIVED SEVERANCE PAY IN FY23.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

  • HARMAN CENTER LLC

    REAL ESTATE PROPERTY · DE

    Directly controlled by SHAKESPEARE THEATER

Provenance

Return type
form_990
Tax year
2022
Filed
17 June 2024
IRS schema version
2022v5.0
Source object
202431699349300983

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