2025-02-12T12:50:16-06:00 2024-09-30 540504608 BROWN EDWARDS & COMPANY LLP 1909 FINANCIAL DRIVE HARRISONBURG VA 22801 990 2023-10-01 541487955 AMERICAN SHAKESPEARE CENTER AMER 5408885588 20 S NEW ST 4TH FLOOR STAUNTON VA 24401 KIMBERLY WEST BOARD CHAIR 5408885588 2025-02-12 1 1 JAMES R FRIES P01320612 5404346736 2025-02-12 2023 2025-03-06 01:10:19Z KIMBERLY WEST 20 S NEW ST 4TH FLOOR STAUNTON VA 24401 3561869 0 X WWW.AMERICANSHAKESPEARECENTER.COM X 1988 VA TO ADVANCE UNDERSTANDING, IMAGINATION, AND COMMUNITY BY ILLUMINATING SHAKESPEARE THROUGH PERFORMANCE, RESEARCH, AND EDUCATION IN THE BLACKFRIARS PLAYHOUSE AND BEYOND. 19 17 83 132 17572 0 753529 584555 2253756 2801019 595 887 80173 105604 3088053 3492065 0 0 0 0 1740922 1919536 0 0 92308 1483513 1660683 3224435 3580219 -136382 -88154 3405904 3177065 2831168 2726192 574736 450873 X AT THE AMERICAN SHAKESPEARE CENTER, OUR MISSION IS TO ADVANCE UNDERSTANDING, IMAGINATION, AND COMMUNITY BY ILLUMINATING SHAKESPEARE THROUGH PERFORMANCE, RESEARCH, AND EDUCATION IN THE BLACKFRIARS PLAYHOUSE AND BEYOND. 0 0 2582425 2623172 ARTISTIC INNOVATION:AT ASC, SHAKESPEARE'S PAST MEETS THE PRESENT THROUGH OUR DISTINCTIVE REPERTORY MODEL. OUR ACTORS PERFORM IN ROTATING PRODUCTIONS, CREATING A DYNAMIC EXPERIENCE FOR AUDIENCES. INSPIRED BY ORIGINAL PRACTICESSUCH AS SHARED LIGHT AND AUDIENCE INTERACTIONWE OFFER MODERN VIEWERS AN IMMERSIVE THEATER EXPERIENCE. IN THE BLACKFRIARS PLAYHOUSE, THE WORLD'S FIRST RECREATION OF SHAKESPEARE'S INDOOR THEATER, ASC PROVIDES A UNIQUE AND ENGAGING SPACE WHERE THE COMMUNITY COMES TOGETHER. A KEY DESTINATION FOR THEATER ENTHUSIASTS AND SCHOLARS, WE PRESENTED 305 LIVE PERFORMANCES THIS YEAR. SINCE ITS FOUNDING IN 1988, ASC HAS PRODUCED 243 PRODUCTIONS FOR AN AUDIENCE OF APPROXIMATELY 2.6 MILLION PEOPLE. 253493 249293 EMPOWERING EDUCATION:ASC BRINGS SHAKESPEARE TO LIFE FOR STUDENTS OF ALL AGES THROUGH MATINEES, WORKSHOPS, AND IMMERSIVE PROGRAMS THAT INSPIRE A PASSION FOR STORYTELLING AND PERFORMANCE WHILE ALSO TEACHING SKILLS OF COMMUNICATION, CONFIDENCE, AND COLLABORATION. THE BLACKFRIARS PLAYHOUSE SERVES AS A CENTER OF DISCOVERY, WHERE STUDENTS EXPLORE SHAKESPEARE BEYOND THE CLASSROOM.THIS YEAR, WE REACHED OVER 700 STUDENTS IN WORKSHOPS, PROVIDED MORE THAN $14,000 IN CAMP SCHOLARSHIPS, AND HOSTED MORE THAN 7,600 STUDENTS FOR MATINEE PERFORMANCES. ASC MET 100% OF STUDENT MATINEE FINANCIAL AID REQUESTS, MARKING A 65.2% INCREASE IN STUDENTS SERVED COMPARED TO 2022. SEE SCHEDULE O FOR CONTINUATION.WE EXPANDED OUR EDUCATIONAL OFFERINGS WITH 3 NEW PROGRAMS: THE ASC BOOK CLUB FOR ADULTS, A NEW DRAMA CLUB FOR AGES 14-18, AND NO KIDDING DRAMA PROGRAMS FOR ADULTS. 18786 16586 BUILDING COMMUNITY & FOSTERING ACCESSIBILITY:ASC IS COMMITTED TO BEING A THEATER FOR ALL, WELCOMING NEW AUDIENCES AND FOSTERING CONNECTIONS THROUGH ACCESSIBLE PROGRAMMING AND OUTREACH. THIS YEAR, WE WELCOMED OVER 19,700 NEW VISITORS AND GREW OUR VIRGINIA PATRON BASE BY 45.1%. WE SUPPORT STAUNTON AND THE SURROUNDING COMMUNITY THROUGH STUDENT AID, LOCAL PARTNERSHIPS, AND COLLABORATIONS WITH UNIVERSITIES, BUSINESSES, AND CULTURAL INSTITUTIONS, STRENGTHENING THE TIES BETWEEN ARTS, EDUCATION, AND CULTURE.THROUGH INITIATIVES SUCH AS PAY-WHAT-YOU-WILL PERFORMANCES, LOCAL RUSH NIGHTS, AND VETERANS' DISCOUNTS, ASC WORKS TO REMOVE BARRIERS TO LIVE PERFORMANCE. SEE SCHEDULE O FOR CONTINUATION.LAUNCHED THIS YEAR AT 11 LOCAL LIBRARIES, THE LIBRARY CULTURE PASS PROVIDED 177 BLUE RIDGE MOUNTAIN RESIDENTS WITH FREE ACCESS TO ASC PRODUCTIONS. ASL INTERPRETATION WAS ALSO OFFERED FOR JULIUS CAESAR, ALLOWING STUDENTS FROM THE LOCAL VIRGINIA SCHOOL FOR THE DEAF AND BLIND TO ENGAGE WITH THE PRODUCTION. 2854704 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 1 83 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X X THE ORGANIZATION 5408855588 20 S NEW STREET 4TH FLOOR STAUNTON VA 24401 KIMBERLY WEST CHAIR 8.00 X X 0 0 0 TYNISHA WILLINGHAM CO-CHAIR 4.00 X X 0 0 0 PAMELA FRIEDMAN SECRETARY 2.00 X X 0 0 0 NANCY KYLER GOVERNANCE CHAIR 5.00 X 0 0 0 JOSH MCCOY DEVELOPMENT 2.00 X 0 0 0 JANICE O'ROURKE PERSONNEL CHAIR 2.00 X 0 0 0 DAVID STERLING BROWN TRUSTEE 2.00 X 0 0 0 DANA FLANDERS TRUSTEE 3.00 X 0 0 0 KERRY KISA TRUSTEE 2.00 X 0 0 0 JEMMA LEVY TRUSTEE 2.00 X 0 0 0 KELLY MALONE TRUSTEE 2.00 X 0 0 0 DAVID PERRY-MILLER TRUSTEE 2.00 X 0 0 0 LYNNE PUCKETT TRUSTEE 2.00 X 0 0 0 TIFFANY STERN TRUSTEE 2.00 X 0 0 0 MYRON STEVES TRUSTEE 2.00 X 0 0 0 KEN VENABLE TRUSTEE 2.00 X 0 0 0 MICHAEL WAGONER TRUSTEE 2.00 X 0 0 0 RALPH ALAN COHEN BOARD ADVISOR 8.00 X 577 0 0 VANESSA MOROSCO EXECUTIVE DIRECTOR 40.00 X X 6731 0 259 7308 0 259 0 0 0 0 0 584555 16188 584555 ARTISTIC INNOVATION 711110 2535140 2535140 EMPOWERING EDUCATION 711110 249293 249293 BUILDING COMMUNITY 711110 16586 16586 2801019 887 887 175408 69804 105604 88032 17572 3492065 2889051 17572 887 99572 85022 10391 4159 1500380 1271836 164988 63556 47030 41795 3428 1807 149205 132598 10874 5733 123349 106346 11859 5144 137139 137139 244065 238060 5505 500 121655 121655 113492 105042 3763 4687 76857 76857 332122 291627 40291 204 36784 19652 17132 84367 84367 122573 122573 60435 54281 4995 1159 UTILITIES 94436 82253 12183 BANK FEES 84670 84670 MAINTENANCE 61224 61066 158 0 PRODUCTION COSTS 31700 31700 59164 49629 4176 5359 3580219 2854704 633207 92308 261846 226621 93555 94117 11790 0 719 1779 17079 19838 22089 38745 4473557 2659591 1936539 1813966 1062287 981999 3405904 3177065 60936 54559 373501 457382 1350484 1253077 25000 10000 1021247 951174 2831168 2726192 X 460754 354654 113982 96219 574736 450873 3405904 3177065 -88154 -35709 0 X X 0 1 X 1 0 X 1463514 870906 426954 753529 584555 4099458 1926832 643069 1142664 2378868 2976427 9067860 3390346 1513975 1569618 3132397 3560982 13167318 341254 117953 70370 214871 119446 863894 0 341254 117953 70370 214871 119446 863894 12303424 268 86 1409 595 887 3245 268 86 1409 595 887 3245 3390614 1514061 1571027 3132992 3561869 13170563 0.93420 0.92850 0.00020 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93555 562 94117 91361 2000 194 93555 89343 2000 18 91361 82899 6427 17 89343 80770 2080 49 82899 0.00000 0.94740 0.05260 0 0 51329 51329 4268363 2522447 1745916 5658 5658 0 82616 68935 13681 65591 62551 3040 1813966 DEPOSITS 18657 LORT BOND 33801 RIGHT OF USE ASSET - OPERATING LEASE 929541 981999 LEASE LIABILITIES 951174 951174 X 3665988 173923 173923 3492065 0 3492065 3754143 173924 173924 3580219 0 3580219 PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. CERTAIN REVENUES MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAX POSITIONS AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BAORD (FASB) ACCOUNTING STANDARDS CODIFICATION, HOWEVER, MANAGEMENT DOES NOT BELIEVE IT IS EXPOSED TO ANY SUCH POSITIONS AS THEY ARE DEFINED IN THIS GUIDANCE. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ANNUALLY WITH THE UNITED STATES DEPARTMENT OF THE TREASURY AND FORM 990T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, WHEN REQUIRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE COMPENSATED TICKETS NETTED AGAINST REVENUE ROUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE COMPENSATED TICKETS NETTED AGAINST REVENUE FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS CIRCULATED ELECTRONICALLY TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 ARTISTIC DIRECTOR, DIRECTOR OF MISSION, FINANCE DIRECTOR, CONTROLLER AND MANAGING DIRECTOR REPORT DIRECTLY TO THE BOARD OF TRUSTEES. A COMMITTEE FROM THE BOARD OF TRUSTEES REGULARLY REVIEWS THESE POSITIONS AND MAKES RECOMMENDATIONS TO THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 18 WE WOULD LIKE OUR FORM 990 TO BE AVAILABLE ON VARIOUS CHARITABLE WEBSITES SO THAT IT IS EASILY ACCESSIBLE TO POTENTIAL DONORS, FUTURE EMPLOYEES, ETC. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.