AFRICAN-AMERICAN SHAKESPEARE COMPANY

EIN: 943192980 501(c)(3) Arts, Culture & Humanities

SAN FRANCISCO, CA

Total Revenue
$994,231
Total Expenses
$1,672,023
Total Assets
$746,578
Net Assets
$580,759
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Principal Officer
EVERETT ALEXANDER
Phone
4156803830
Tax Period
2023-07-01 to 2024-06-30

AFRICAN-AMERICAN SHAKESPEARE COMPANY, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $994K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 68% operating deficit.

Mission

AFRICAN-AMERICAN SHAKESPEARE COMPANY WAS INTRODUCED IN 1994 TO OPEN THE REALM OF CLASSIC THEATRE TO A DIVERSE AUDIENCE, AND PROVIDE AN OPPORTUNITY AND PLACE FOR ACTORS OF COLOR TO HONE THEIR SKILLS AND TALENT IN MASTERING SOME OF THE WORLD'S GREATEST CLASSICAL ROLES. WE DO THIS BY PRODUCING WORK FROM THE CANON OF CLASSICAL THEATRE, INCLUDING SHAKESPEARE AND GREAT AMERICAN AND WORLD PLAYWRIGHTS THAT IS LIVELY, ENTERTAINING, AND RELEVANT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $873,796
Program Service Revenue $108,548
Investment Income $0
Other Revenue $11,887
TOTAL REVENUE $994,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $944,308
Fundraising Expenses $46,404
Program Expenses $1,060,318
Other Expenses $727,715
TOTAL EXPENSES $1,672,023

Year-over-Year Comparison

2023 2022 Change
Revenue $994,231 $1,363,237 -0.3%
Expenses $1,672,023 $1,170,550 +0.4%
Net Income $-677,792 $192,687 -4.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
77
Volunteers
20

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
$88,591
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHERRI YOUNG EXECUTIVE DIRECTOR 2
Officer
$88,591 $0 $88,591
EVERETT ALEXANDER TREASURER 1
Officer Director
$0 $0 $0
DON HARRIS SECRETARY 1
Officer Director
$0 $0 $0
LOLITA MORROW BOARD MEMBER 1
Director
$0 $0 $0
MAURICE BREWSTER BOARD MEMBER 1
Director
$0 $0 $0
ALEXANDER JONES BOARD MEMBER 1
Director
$0 $0 $0
LYNETTE LOCKETT PRESIDENT 2
Officer
$0 $0 $0
NNEKA UZOH VICE-PRESIDENT 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
2024 $994,231 $1,672,023 $746,578 $-677,792
2023 $1,363,237 $1,170,550 $839,626 $192,687
2022 $774,030 $705,043 $676,359 $68,987
2021 $558,089 $293,437 $520,098 $264,652
2020 $163,483 $150,032 $395,827 $13,451
2019 $1,104,139 $916,566 $364,490 $187,573
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