Shakesperience Productions Inc

Nonprofit profile at a glance

EIN
061555859
IRS 990 coverage
2013–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Waterbury, CT, USA
Phone
2037542531
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Theater

Reported finances

Revenue
$298,001
Expenses
$351,253
Assets
$36,563
Liabilities
$95,211

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

Leadership & pay

13 people listed

Highest reported compensation

  • EMILY MATTINA (ARTISTIC DIR): $78,750 total reported compensation
  • JEFFREY T LAPHAM (EXECUTIVE PR): $21,000 total reported compensation

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

Overview

Mission

The organization's primary exempt purpose as stated in its articles of incorporation: the nature of the activities to be conducted or the purposes to be promoted by the corporation are to foster in the general public an appreciation for all aspects of literature and the performing arts by educating young people through workshops, public and classroom performances, seminars, professionally led programs of instruction and student participation, distribution of educational text, and by any and all other appropriate means.

What it reported doing in 2024

School residency programs: shakesperience designs custom school residency programs. These in-depth theatre-in-education programs for individual schools, after-school programs, camps, and other organizations lead participating students through the process of adapting, rehearsing and performing a play. In anywhere from 5 to 35 sessions, these programs create: teamwork between students, faculty, and theatre professionals opportunities for each individual to develop and display their talents community pride and sense of accomplishment with a final performance outlets for self-expression and self-discovery through all theatre arts student action and character development through the language arts public speaking skill strengthening broad-based curriculum integration increased attendance encouragement to read "enhancement of student character, respect, and self-esteem love of learning and creative curiosity this year, shakesperience conducted more than 134 sessions of residency programs for well over approximately 100 students.

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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 11
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $78.71 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -17.9%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 2.6; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 28.4%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -6.1% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $326K in reported program spending
  • Leadership: top reported pay $79K · 13 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.