STRATFORD SHAKESPEAREAN FESTIVAL OF AMERICA

EIN: 382420887 501(c)(3)

Birmingham, MI

Total Revenue
$6,220,622
Total Expenses
$4,979,316
Total Assets
$3,040,713
Net Assets
$2,967,701
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MI
Principal Officer
Kevin Turner
Phone
2485677876
Tax Period
2024-11-01 to 2025-10-31

STRATFORD SHAKESPEAREAN FESTIVAL OF AMERICA, founded in 1982, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 20% operating margin.

Mission

The purpose of the Stratford Shakespearean Festival of America (FOA) is to support Shakespearean and other classical and contemporary theatre and related programs. FOA receives financial contributions within the United States, grants funds to support these purposes and conducts other activities to heighten awareness of them and foster relationships within the United States, such as education programs, fundraising, and audience development.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,194,543
Program Service Revenue $103
Investment Income $25,976
Other Revenue $0
TOTAL REVENUE $6,220,622

Expense Breakdown

Grants Paid $4,904,361
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,907,851
Other Expenses $74,955
TOTAL EXPENSES $4,979,316

Year-over-Year Comparison

2024 2023 Change
Revenue $6,220,622 $3,374,632 +0.8%
Expenses $4,979,316 $3,435,539 +0.4%
Net Income $1,241,306 $-60,907 -21.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
13

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
6
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN TURNER TRUSTEE/CHAIR 1
Officer Director
$0 $0 $0
MARTHA SCHUBERT TRUSTEE/VICE CHAIR 1
Officer Director
$0 $0 $0
JOHN PTASZNIK TRUSTEE/ TREASURER 1
Officer Director
$0 $0 $0
ERICA PERESMAN TRUSTEE/ SECRETARY 1
Officer Director
$0 $0 $0
JOHN GARDNER TRUSTEE/PAST CHAIR 1
Director
$0 $0 $0
LISA DOBBIN TRUSTEE 1
Director
$0 $0 $0
JULIA KEIM TRUSTEE 1
Director
$0 $0 $0
KIM KELLEY TRUSTEE 1
Director
$0 $0 $0
KELLI LANDES TRUSTEE 1
Director
$0 $0 $0
VIVIENNE LEE TRUSTEE 1
Director
$0 $0 $0
MATTHEW PICKUS TRUSTEE 1
Director
$0 $0 $0
MARTHA THORNTON MONTZKA TRUSTEE 1
Director
$0 $0 $0
DAVID ADAMS EX-OFFICIO 1
Director
$0 $0 $0
MARION BURR ASST SECRETARY 1
Officer
$0 $0 $0
DARRYL HURAS ASSISTANT TREASURER 1
Officer
$0 $0 $0
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 $6,220,622 $4,979,316 $3,040,713 $1,241,306
2024 $3,374,632 $3,435,539 $1,816,305 $-60,907
2023 $3,962,432 $3,934,224 $1,880,906 $28,208
2022 $3,446,915 $7,231,592 $1,853,435 $-3,784,677
2021 $4,304,680 $2,515,458 $5,643,372 $1,789,222
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