GREAT RIVER SHAKESPEARE FESTIVAL

EIN: 010765907 501(c)(3) Arts, Culture & Humanities

WINONA, MN

Total Revenue
$869,050
Total Expenses
$819,172
Total Assets
$154,654
Net Assets
$-28,791
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
AARON YOUNG
Phone
5074747900
Tax Period
2023-10-01 to 2024-09-30

GREAT RIVER SHAKESPEARE FESTIVAL, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $869K in total revenue in fiscal year 2023. Expenses of $819K left a modest 6% surplus.

Mission

TO ENRICH PEOPLE'S LIVES BY CREATING DYNAMIC, CLEARLY UNDERSTOOD PRODUCTIONS OF SHAKESPEARE AND OTHER PLAYWRIGHTS WHO CELEBRATE THE SPOKEN WORD. IN ORDER TO ACCOMPLISH THIS MISSION, GRSF ENGAGES AND SUSTAINS A HIGHLY-SKILLED COMPANY OF THEATER PROFESSIONALS, INCLUDING EQUITY ACTORS.

Program Service Accomplishments

Program 1
Expenses: $536,295 Revenue: $145,070

CREATION OF ART: GRSF PRODUCED HAMLET AND MUCH ADO ABOUT NOTHING AND PERFORMED THEM 32 TIMES OVER THE FIVE-WEEK PERIOD FROM JUNE 27-JULY 28, 2024. REHEARSALS, SET CONSTRUCTION, AND PROP & COSTUME...

Read more

CREATION OF ART: GRSF PRODUCED HAMLET AND MUCH ADO ABOUT NOTHING AND PERFORMED THEM 32 TIMES OVER THE FIVE-WEEK PERIOD FROM JUNE 27-JULY 28, 2024. REHEARSALS, SET CONSTRUCTION, AND PROP & COSTUME CREATION OCCURRED DURING THE FIVE WEEKS PRIOR TO THE BEGINNING OF THE PERFORMANCES. ATTENDANCE FOR THE TWO PLAYS WAS 5,333. THIS WAS A DECLINE FROM TOTAL ATTENDANCE IN 2023 HOWEVER, THE FESTIVAL OFFERED ONE LESS PRODUCTION. THE AVERAGE ATTENDANCE AT EACH SHOW GREW 38 PERCENT (FROM 121 PEOPLE TO 167). THE PRODUCTION OF HAMLET HAD BEEN IN THE PLANNING STAGES FOR ALMOST A DECADE AS ARTISTIC DIRECTOR DOUG SCHOLZ-CARLSON HAD WANTED TO DIRECT LONG-TIME COMPANY MEMBER TARAH FLANAGAN IN THIS TITLE ROLE. THE TRADITION OF HAVING A WOMAN PLAY HAMLET IS CENTURIES OLD BUT STILL UNCOMMON FOR OUR AUDIENCES. AUDIENCES WERE, FOR THE MOST PART, ENTHUSIASTIC WITH THEIR RESPONSE. ONE WRITTEN COMMENT WAS PARTICULARLY SATISFYING: "THERE WAS A DARLING YOUNG GIRL SITTING NEAR ME - SHE WAS WITH HER GRANDPARENTS AND TOTALLY MESMERIZED BY HAMLET. I TOLD HER IT WAS THE BEST PRODUCTION OF HAMLET I HAD EVER SEEN. SHE SMILED AND SAID, 'I WANT TO DO THAT SOMEDAY.'" MUCH ADO ABOUT NOTHING FEATURED TWO MIDDLE-AGED BLACK ACTORS IN THE LEAD ROLES OF BEATRICE AND BENEDICK. BOTH HAVE ESTABLISHED THEMSELVES AS FESTIVAL (AND GUTHRIE THEATER) FAVORITES FOR THEIR COMEDIC AND DRAMATIC WORK. ONE AUDIENCE MEMBER COMMENTED: "I ESPECIALLY WANT TO COMPLIMENT YOU ON 'TAKING LIBERTIES' WITH MUCH ADO... THE 'SLAP STICK' MADE THE EVENING HILARIOUSLY ENJOYABLE! THE EVENING WOULDN'T HAVE BEEN NEARLY AS ENJOYABLE IF YOU HAD PLAYED THE PRODUCTION STRAIGHT. I'VE GONE TO EVERY PRODUCTION SINCE THE FIRST AND HAVE APPRECIATED THE DRAMATIC SCENES, MUSIC AND COSTUMES IN THE TRAGEDIES AND HISTORIES AND THE LIBERTIES YOU'VE TAKEN WITH THE COMEDIES. I WISH I COULD PERSUADE ALL MY FRIENDS, SOME OF WHOM THINK SHAKESPEARE IS DULL, UNINTERESTING AND INCOMPREHENSIBLE, TO COME TO YOUR PRODUCTIONS." RESPONSES LIKE THESE ARE INDICATIVE OF THE FESTIVAL ACCOMPLISHING ITS MISSION TO ENRICH LIVES WITH CLEARLY UNDERSTOOD PRODUCTIONS.

Program 2
Expenses: $59,588 Revenue: $16,119

AUDIENCE ENGAGEMENT: THE FESTIVAL HOSTED FOUR POST-SHOW DISCUSSIONS WITH THE CASTS AND AUDIENCE MEMBERS. AUDIENCE'S WANTED TO EXPLORE DIRECTIONAL CHOICES LIKE HAVING HAMLET START THE FAMOUS "TO BE OR...

Read more

AUDIENCE ENGAGEMENT: THE FESTIVAL HOSTED FOUR POST-SHOW DISCUSSIONS WITH THE CASTS AND AUDIENCE MEMBERS. AUDIENCE'S WANTED TO EXPLORE DIRECTIONAL CHOICES LIKE HAVING HAMLET START THE FAMOUS "TO BE OR NOT TO BE" MONOLOGUE WHILE WALKING IN FROM THE SIDE OF THE STAGE RATHER THAN STANDING CENTER FULL OF THOUGHT. THE DIRECTOR AND ACTOR COMMENTED THAT THEY WANTED THE AUDIENCE TO FEEL THAT THEY WERE PART OF HAMLET'S CONTINUAL STREAM OF CONSCIOUSNESS. THE RAPID PACE OF THE SPEECH WAS ALSO EXPLORED. IT HAD BEEN DESIGNED TO HELP THE AUDIENCE FEEL HAMLET'S FRENZY IN TRYING TO PUT THE PIECES TOGETHER OF WHAT HAD HAPPENED TO HIS FAMILY. AT ONE OF THE TALKBACKS FOR MUCH ADO ABOUT NOTHING, A DISCUSSION REVOLVED AROUND WOMEN STILL FIGHTING FOR AUTONOMY 400 YEARS AFTER THIS PLAY WAS WRITTEN. AUDIENCES ALSO WANTED TO KNOW WHAT ATTRACTED THE TWO BLACK LEADS TO WINONA. THEY COMMENTED THAT GRSF "WALKS THE TALK" IN ITS DEDICATION TO EMBRACING DIVERSITY AND THEY PRAISED THE OPPORTUNITY TO ENGAGE WITH AUDIENCES IN THIS MANNER. ADDITIONAL OUTREACH PROGRAMS INCLUDED FIVE SUNDAY MORNING PANEL DISCUSSIONS AT A LOCAL COFFEE HOUSE. EACH FEATURED A DIFFERENT ASPECT OF THEATRICAL PRODUCTION AND VARIED MEMBERS OF THE COMPANY. AIRED ON FACEBOOK LIVE, EACH PANEL TOOK QUESTIONS FROM THE LIVE AUDIENCE AS WELL AS ONLINE PARTICIPANTS. DEDICATED PERFORMANCES WERE SET UP AS "FIDGET FRIENDLY AND TWO PERFORMANCES WERE TRANSLATED IN AMERICAN SIGN LANGUAGE AND AUDIO DESCRIBED FOR THE DEAF. EACH FRIDAY AFTERNOON PERFORMANCE WAS PRECEDED BY A FREE WORKSHOP FOR AREA TEENS WHO THEN RECEIVED FREE TICKETS TO THE PERFORMANCE. THE WEEKLY EMAILED NEWSLETTER FEATURED HAPPENINGS AT THE FESTIVAL AS WELL AS SPECIAL CONTENT LIKE "SHAKESPEARE'S COUPLE'S THERAPY," A SPOOF OF THE TELEVISION SERIES WHERE MEMBERS OF THE COMPANY PORTRAYED VARIOUS SHAKESPEARE COUPLES ON THE COUCH WITH A THERAPIST. THIS SPOOF IS THE LATEST ADDITION TO GRSF'S EXTENSIVE YOUTUBE CONTENT.

Program 3
Expenses: $20,829 Revenue: $13,997

EDUCATION: THREE COURSES WERE OFFERED: WILL'S CREATIVE DRAMA (FOR AGES 4 - 2ND GRADE), WILL'S POWER PLAYERS (FOR 3RD - 6TH GRADE), AND SHAKESPEARE FOR YOUNG ACTORS. TOTAL ENROLLMENT OF 55 STUDENTS...

Read more

EDUCATION: THREE COURSES WERE OFFERED: WILL'S CREATIVE DRAMA (FOR AGES 4 - 2ND GRADE), WILL'S POWER PLAYERS (FOR 3RD - 6TH GRADE), AND SHAKESPEARE FOR YOUNG ACTORS. TOTAL ENROLLMENT OF 55 STUDENTS WAS MANAGED THROUGH A SOFTWARE PROGRAM CALLED COURSESTORM WHICH ALLOWED GRSF TO GATHER CRUCIAL INFORMATION ABOUT STUDENTS, COMMUNICATE EASILY WITH PARENTS, AND TO ESTABLISH PAYMENT PLANS AND SCHOLARSHIP PROGRAMS FOR STUDENTS. ALL OF THE CLASSES WERE TAUGHT BY PROFESSIONAL EDUCATORS WITH THE ASSISTANCE OF MEMBERS OF THE ACTING COMPANY AT THE FESTIVAL. TWO HIGHLIGHTS OF THE SEASON WERE THE STUDENT-CREATED PRODUCTIONS OF THE HAMLET DATING GAME BASED ON THE GAME SHOW BUT FEATURING CHARACTERS FROM HAMLET (CREATED AND PERFORMED BY THE 3RD - 6TH GRADERS) AND A 90-MINUTE PRODUCTION OF KING LEAR (CREATED AND PERFORMED BY THE 7TH - 12TH GRADERS. EACH GROUP, IN A SHORT TIME PERIOD, CREATED AND MEMORIZED SIGNIFICANT AMOUNTS OF DIALOGUE AND WERE ABLE TO FULLY EMBODY EMOTIONALLY COMPLEX CHARACTERS. EACH CLASS CONCLUDED IN A PUBLIC PERFORMANCE ON THE FOLLOWING DATES: JUNE 29, JULY 6, JULY 13, AND JULY 21. THE FIRST THREE DATES, FOCUSING ON THE YOUNGER STUDENTS, WERE PERFORMED FOR FAMILY AND FRIENDS. THE FINAL DATE (THE 90-MINUTE KING LEAR) WAS PERFORMED FOR NEARLY 200 AUDIENCE MEMBERS. THE MAJORITY OF THE CLASS WERE STUDENTS ON THE NEURODIVERGENT SPECTRUM. SEEING THEM WORK AS AN ENSEMBLE TO TELL A COMPLICATED FAMILY TRAGEDY WAS INSPIRING. KNOWING THAT MANY STUDENTS HAVE DIFFICULTY EXPRESSING THEIR FEELINGS, THE FINAL LINES OF THE PLAY WERE ESPECIALLY POIGNANT: "THE WEIGHT OF THIS SAD TIME WE MUST OBEY; SPEAK WHAT WE FEEL, NOT WHAT WE OUGHT TO SAY." ELEVEN STUDENTS RECEIVED FULL OR PARTIAL SCHOLARSHIP SUPPORT IN 2024, THE SAME NUMBER AS IN 2023. EVERYONE WHO REQUESTED FINANCIAL ASSISTANCE RECEIVED IT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $681,484
Program Service Revenue $161,591
Investment Income $394
Other Revenue $25,581
TOTAL REVENUE $869,050

Expense Breakdown

Grants Paid $0
Salaries & Benefits $599,283
Fundraising Expenses $78,732
Program Expenses $616,712
Other Expenses $219,889
TOTAL EXPENSES $819,172

Year-over-Year Comparison

2023 2022 Change
Revenue $869,050 $867,370 +0.0%
Expenses $819,172 $931,622 -0.1%
Net Income $49,878 $-64,252 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
67
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$89,943
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH FORKNER MOE CHAIR 3.00
Officer Director
$0 $0 $0
KRIS BLANCHARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
MARY ADAMS DIRECTOR 1.00
Director
$0 $0 $0
ALAN LEONHARDT TREASURER 3.00
Officer Director
$0 $0 $0
JACK HEDIN DIRECTOR 1.00
Director
$0 $0 $0
JACQUELYN BANICKI DIRECTOR 1.00
Director
$0 $0 $0
CHERISA BROADWATER DIRECTOR 1.00
Director
$0 $0 $0
JOYATI DEBNATH DIRECTOR 1.00
Director
$0 $0 $0
GARY DIOMANDES DIRECTOR 1.00
Director
$0 $0 $0
MARY ALICE ANDERSON SECRETARY 3.00
Officer Director
$0 $0 $0
MARCIA AUBINEAU DIRECTOR 1.00
Director
$0 $0 $0
PAUL MUNDT DIRECTOR 1.00
Director
$0 $0 $0
AMARIA O'LEARY DIRECTOR 1.00
Director
$0 $0 $0
TOM STOA DIRECTOR 1.00
Director
$0 $0 $0
KELLEY OLSON DIRECTOR 1.00
Director
$0 $0 $0
GABY PETERSON DIRECTOR 1.00
Director
$0 $0 $0
HAYLEY FAST HORNBERG DIRECTOR 1.00
Director
$0 $0 $0
AARON YOUNG MANAGING DIRECTOR 50.00
Officer
$89,943 $0 $89,943
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $869,050 $819,172 $154,654 $49,878
2023 $867,370 $931,622 $121,608 $-64,252
2022 $1,143,986 $1,291,606 $206,788 $-147,620
2021 $844,991 $820,191 $342,499 $24,800
2020 $529,390 $416,629 $381,865 $112,761
2019 $950,920 $948,619 $306,506 $2,301
2018 $1,020,041 $1,065,052 $256,208 $-45,011
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREAT RIVER SHAKESPEARE FESTIVAL with other nonprofits in Minnesota and across the country.