Chesapeake Shakespeare Company

Nonprofit profile at a glance

EIN
030418380
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
4102448571
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Performing Arts Organizations

Reported finances

Revenue
$3,135,448
Expenses
$3,013,310
Assets
$6,599,864
Liabilities
$411,790

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • EMILY ROCKEFELLER (PRESIDENT)
  • ROBIN HOUGH (VICE PRESIDENT)

Highest reported compensation

  • IAN GALLANAR (TRUSTEE & ARTISTIC DIRECTOR): $109,671 total reported compensation
  • LESLEY MALIN (SECRETARY & PRODUCING EXEC DIR.): $16,324 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chesapeake shakespeare company creates community through energetic, joyful, and accessible classic theatre, bringing our art to baltimore, the state of Maryland, and beyond through innovative and comprehensible productions of shakespeare and dynamic, lively, and relevant educational programming.

What it reported doing in 2024

The chesapeake shakespeare company provides many entry points to the works of william shakespeare by offering a wide variety of educational activities including camps and classes for youth and adults, a black classical acting ensemble, and outreach to the community at large. We also provide school matinee performances, in-school residences, and pre-show discussions. These program activites serve approximately 16,000 individuals including 3,700 youth from under-resourced schools served for free.

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.

The verdict

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

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Accountability: 92
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 80.5%; rating input score 81
  • Fundraising efficiency: $10.35 raised per $1 spent on fundraising; rating input score 39; 39th 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: 86.7%; rating input score 87; 18th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.9%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 2.19; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 30th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 80.5% of spending went to programs
  • Governance: 13 of 15 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $2.4M in reported program spending
  • Leadership: top reported pay $110K · 15 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
  • Moderate — Sustainability: Operating margin scored 47/100.