Kentucky Shakespeare
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Kentucky Shakespeare meets the 20 Standards for Charity Accountability.
Stated Purpose:
Grounded in the works of Shakespeare, it enriches communities through accessible, inclusive, and theatre experiences that educate, inspire, and entertain diverse audiences.
Year, State Incorporated:
1963, KY
Founded in 1949, Kentucky Shakespeare currently serves communities through Kentucky Shakespeare Festival in Central Park, education programs in schools, public performances, and community outreach. 2024 marks the 64th season of the free Kentucky Shakespeare Festival in Central Park. Kentucky Shakespeare serves schools throughout the region with interactive educational programming directly tied to academic standards, helping impact student achievement. Its many community programs explore conflict resolution, empathy building, and communication, in a range of settings from preschools to senior centers.
For the year ended August 31, 2023, Kentucky Shakespeare's program expenses were:
| Productions | $741,082 |
| Education | $473,911 |
| Total Program Expenses | $1,214,993 |
Chief Executive
Matt Wallace, Producing Artistic Director
Chair of the Board
Ms. Kay Madrick
Chair's Profession / Business Affiliation
Development Manager, Norton Healthcare Foundation
Board Size
20
Paid Staff Size
11
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Kentucky Shakespeare's audited financial statements for the year ended August 31, 2023.
Source of Funds
| Grants | $478,255 |
| Contributions | $362,827 |
| Education programs | $237,947 |
| Productions | $196,072 |
| In-kind gifts | $19,575 |
| Other income | $14,309 |
| Special events, net | $12,825 |
| Total Income | $1,321,810 |
Programs: 84% Fundraising: 5% Administrative: 10%
| Total Income | $1,321,810 |
| Total expenses: | $1,439,005 |
| Program expenses | $1,214,993 |
| Fundraising expenses | $77,051 |
| Administrative expenses | $146,961 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-117,195 |
| Beginning Net Assets | $590,099 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $472,904 |
| Total Liabilities | $585,065 |
| Total Assets | $1,057,969 |
Total assets as reported above include $542,519 in property and equipment.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
BBB serving Greater Kentucky and South Central Indiana