California Shakespeare Theater

Overview

Mission

About California Shakespeare Theater: Founded in 1974, Cal Shakes began as an artistic collective presenting Shakespeares work outdoors in the park for free. Through the years we have evolved into a fully [Continued on Schedule 0]

What it reported doing in 2023

LEARN: We nurture a cultural of learning where we are both teacher and student.Cal Shakes seeks to both teach and learn through our artnot simply about the theater but about our world. We transform young minds through the practice of theater, we listen to and amplify seldom heard voices, we confront our own insecurities and ignorance with an openness to new ideas.ENGAGE: We forge community by dismantling barriers to participation.Acknowledging that the theater is a rare public forum, we pursue a robust culture of participation that values above all authentic discourse around the work we make. We endeavor to hold space for all points of view because it provides a deeper, richer, more nuanced and human experience of the world.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
510169452
IRS 990 coverage
2010–2023
Forms available
Form 990 2023
Headquarters
San Francisco, CA, USA
Phone
5105483422
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 92
  • Accountability: 83
  • Sustainability: 18
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.4%; rating input score 81
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $5.83 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings

Growth

  • Program expense growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -3.1% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -6.6% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 81.4% of revenue deployed · 75% of spending went to programs
  • Governance: 11 of 12 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 13 annual filings from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

12 people listed

Source: IRS Form 990. Selected filing: FY2023.