SHAKESPEARE'S ASSOCIATES INC

EIN: 383745834 501(c)(3) Arts, Culture & Humanities

LIVERMORE, CA

Total Revenue
$467,080
Total Expenses
$573,525
Total Assets
$1,661,067
Net Assets
$1,539,704
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
LISA TROMOVITCH
Phone
9254432273
Tax Period
2024-10-01 to 2025-09-30

SHAKESPEARE'S ASSOCIATES INC, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $467K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $574K exceeded revenue, resulting in a 23% operating deficit.

Mission

SPARC THEATER DELIVERS PROFESSIONAL ENTERTAINING WORK THAT INSPIRES EMPATHY AND COMMUNITY.

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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 $224,991
Program Service Revenue $167,444
Investment Income $41,641
Other Revenue $33,004
TOTAL REVENUE $467,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $408,568
Fundraising Expenses $0
Program Expenses $502,343
Other Expenses $164,957
TOTAL EXPENSES $573,525

Year-over-Year Comparison

2024 2023 Change
Revenue $467,080 $627,319 -0.3%
Expenses $573,525 $532,083 +0.1%
Net Income $-106,445 $95,236 -2.1%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
13
Independent Members
13
Employees
48
Volunteers
145

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
$93,750
Total Directors
13
$93,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA A TROMOVITCH PRESIDENT 8.00
Officer Director
$93,750 $0 $93,750
STEVE LANZA TREASURER 4.00
Officer Director
$0 $0 $0
ELLEN GOOLD SECRETARY 2.00
Officer Director
$0 $0 $0
TONY BAYLIS BOARD MEMBER 2.00
Director
$0 $0 $0
LAWRENCE LAGIN BOARD MEMBER 2.00
Director
$0 $0 $0
MARY SWEENEY BOARD MEMBER 2.00
Director
$0 $0 $0
ELIZABETH TRUTNER BOARD MEMBER 2.00
Director
$0 $0 $0
LAURA BATTI BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT CARLING BOARD MEMBER 2.00
Director
$0 $0 $0
G BRYAN BALAZS CO-TREASURER 2.00
Officer Director
$0 $0 $0
APRYL CHAUHAN BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICIA MUNRO BOARD MEMBER 2.00
Director
$0 $0 $0
VALARIE JONAS CHAIR 2.00
Officer Director
$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 $467,080 $573,525 $1,661,067 $-106,445
2024 $627,319 $532,083 $1,734,735 $95,236
2023 $710,745 $554,629 $1,617,717 $156,116
2022 $573,119 $448,348 $1,366,989 $124,771
2021 $561,293 $285,354 $1,241,283 $275,939
2020 $912,484 $268,604 $1,000,368 $643,880
2019 $481,780 $378,186 $222,688 $103,594
2018 $379,518 $347,530 $119,094 $31,988
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