Minnesota Shakespeare Theater

EIN: 811207603 501(c)(3) Arts, Culture & Humanities

Saint Paul, MN

Total Revenue
$224,439
Total Expenses
$212,673
Total Assets
$91,138
Net Assets
$-153,081
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MN
Principal Officer
Logan Signorelli Verdoorn
Phone
6513305037
Tax Period
2024-07-01 to 2025-06-30

Minnesota Shakespeare Theater, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $224K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $213K left a modest 5% surplus.

Mission

Shakespearean Youth Theatre's mission is to inspire, empower and challenge young people to embody great works and create groundbreaking theatre through education, performance and ensemble-based collaboration.

Program Service Accomplishments

Program 1
Expenses: $174,524 Revenue: $49,986

Ensemble Performance Programs: An intensive program for young artists. Students ages 12 - 19 work with a team of professional teaching artists to explore Shakespeare's language, develop foundational...

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Ensemble Performance Programs: An intensive program for young artists. Students ages 12 - 19 work with a team of professional teaching artists to explore Shakespeare's language, develop foundational acting techniques, build an artistic ensemble, and present full productions of Shakespeare plays to their community. SYT offers the Ensemble Performance program three times each year. This year, 60 students worked with 15 professional teaching artists representing a wide range of specialties from speaking classical language and verse to stage combat for over 1000 contact hours. 1400 members of the public attended performances of MUCH ADO ABOUT NOTHING, THE TEMPEST and THE WINTERS TALE in Saint Paul and Minneapolis, MN.

Program 2
Expenses: $7,555 Revenue: $2,927

Classes, Camps, and Workshops: SYT offers a wide range of one day, one week, and multi-week workshops, camps and classes for students ages 7-19 both year round and during the summer. Scaffolded cover...

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Classes, Camps, and Workshops: SYT offers a wide range of one day, one week, and multi-week workshops, camps and classes for students ages 7-19 both year round and during the summer. Scaffolded cover Shakespearean text and language, presenting and performing onstage, voice and speech, fundamentals of acting, and storytelling. Students begin as young as 7 and progress through a sequence of courses as they develop confidence and skill.

Program 3
Expenses: $4,200 Revenue: $0

The Dream Project Immersive Online Shakespeare Platform: Presentations of Shakespeare radio plays, performed by actors ages 12 - 19 and presented to the public for free alongside educational...

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The Dream Project Immersive Online Shakespeare Platform: Presentations of Shakespeare radio plays, performed by actors ages 12 - 19 and presented to the public for free alongside educational materials and videos related to each play. 30 student actor participants and thousands of audience members worldwide. The Dream Project may be accessed at dream.sytmn.org

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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 $171,699
Program Service Revenue $52,714
Investment Income $26
Other Revenue $0
TOTAL REVENUE $224,439

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,653
Fundraising Expenses $0
Program Expenses $186,279
Other Expenses $152,020
TOTAL EXPENSES $212,673

Year-over-Year Comparison

2024 2023 Change
Revenue $224,439 $154,365 +0.5%
Expenses $212,673 $161,021 +0.3%
Net Income $11,766 $-6,656 -2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
3
Employees
2
Volunteers
100

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
3
$3,500
Total Directors
4
$3,500
Key Employees
2
$40,653
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Logan Verdoorn Artistic Director 40
Key Emp Highest
$27,653 $10,000 $37,653
Victoria Signorelli Board of Directors, Treasurer 2
Officer Director
$0 $3,500 $3,500
Maria Signorelli Managing Director 20
Key Emp
$0 $3,000 $3,000
Patricia Verdoorn Board of Directors, Chair 5
Officer Director
$0 $0 $0
Robyn Cook Board of Directors, Secretary 1
Officer Director
$0 $0 $0
Chloe Rose Board of Directors Member 2
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 $224,439 $212,673 $91,138 $11,766
2024 No data No data No data No data
2023 $124,596 $218,641 $46,785 $-94,045
2022 $171,053 $236,800 $127,681 $-65,747
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