Civic Intelligence

American Shakespeare Center

EIN 54-1487955 • 501(c)3 • Staunton, VA

Profile

To recover the joys and accessibility of shakespeare's theatre, language, and humanity by exploring the english renasissance stage and its practices through performance and education.

20 S New St 4th FloorStaunton, VA 24401

www.americanshakespearcenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.83x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

83rd percentile

0.63x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

69th percentile

$72,864

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

48th percentile

3.3%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

71st percentile

22%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Assets

Up

$2,894,135

Up $268,062 (+10%) from 2022

Liabilities

Up

$2,409,474

Up $515,917 (+27%) from 2022

Net Assets

Down

$484,661

Down $247,855 (-34%) from 2022

Revenue

Up

$3,810,664

Up $1,723,347 (+83%) from 2022

Expenses

Up

$3,776,876

Up $569,452 (+18%) from 2022

Net Income

Up

$33,788

Up $1,153,895 (+103%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,688,225Liabilities 2012: $2,946,727Net Assets 2012: $741,4982012Assets 2013: $3,698,278Liabilities 2013: $2,899,439Net Assets 2013: $798,8392013Assets 2014: $3,603,239Liabilities 2014: $2,783,792Net Assets 2014: $819,4472014Assets 2015: $3,660,944Liabilities 2015: $2,645,538Net Assets 2015: $1,015,4062015Assets 2016: $3,739,323Liabilities 2016: $2,609,651Net Assets 2016: $1,129,6722016Assets 2017: $3,621,932Liabilities 2017: $2,619,757Net Assets 2017: $1,002,1752017Assets 2020: $3,096,834Liabilities 2020: $2,986,441Net Assets 2020: $110,3932020Assets 2021: $3,854,621Liabilities 2021: $2,001,998Net Assets 2021: $1,852,6232021Assets 2022: $2,626,073Liabilities 2022: $1,893,557Net Assets 2022: $732,5162022Assets 2025: $2,894,135Liabilities 2025: $2,409,474Net Assets 2025: $484,6612025

Highlighted filing

2025

Assets$2,894,135
Liabilities$2,409,474
Net Assets$484,661

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2012: $2,666,3662012Expenses 2013: $2,713,3482013Revenue 2014: $2,875,322Expenses 2014: $2,854,714Net Income 2014: $20,6082014Revenue 2015: $3,193,658Expenses 2015: $2,997,699Net Income 2015: $195,9592015Revenue 2016: $3,453,932Expenses 2016: $3,362,986Net Income 2016: $90,9462016Revenue 2017: $3,535,181Expenses 2017: $3,665,222Net Income 2017: -$130,0412017Revenue 2020: $3,341,696Expenses 2020: $3,305,324Net Income 2020: $36,3722020Revenue 2021: $3,799,485Expenses 2021: $2,173,302Net Income 2021: $1,626,1832021Revenue 2022: $2,087,317Expenses 2022: $3,207,424Net Income 2022: -$1,120,1072022Revenue 2025: $3,810,664Expenses 2025: $3,776,876Net Income 2025: $33,7882025

Highlighted filing

2025

Revenue$3,810,664
Expenses$3,776,876
Net Income$33,788

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 9, 2026
Return Version
2024v5.5
Gross Receipts
$3,893,711
Mission and Program Overview

Mission

American shakespeare center illuminates the plays of shakespeare and his contemporaries, classic and new, refreshing the individual, fostering civil discourse, and creating community in the blackfriars playhouse and beyond.

To advance understanding, imagination, and community by illuminating shakespeare through performance, research, and education in the blackfriars playhouse and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,813,966$1,745,151▼ $68,815
Savings and Temporary Cash Investments$94,117$221,788▲ $127,671
Prepaid Expenses and Deferred Charges$38,745$66,145▲ $27,400
Pledges and Grants Receivable-$56,347-
Inventories for Sale or Use$19,838$13,636▼ $6,202
Cash and Non-Interest-Bearing Accounts$226,621$13,058▼ $213,563
Accounts Receivable$1,779$1,288▼ $491
Total Assets$3,177,065$2,894,135▼ $282,930
Other Assets Total$981,999$776,722▼ $205,277
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,253,077$1,150,424▼ $102,653
Other Liabilities$951,174$755,554▼ $195,620
Deferred Revenue$457,382$419,363▼ $38,019
Accounts Payable and Accrued Expenses$54,559$44,133▼ $10,426
Unsecured Notes Loans Payable$10,000$40,000▲ $30,000
Total Liabilities$2,726,192$2,409,474▼ $316,718
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$354,654$249,051▼ $105,603
Net Assets With Donor Restrictions$96,219$235,610▲ $139,391
Total Net Assets Fund Balance$450,873$484,661▲ $33,788
Total Liabilities and Net Assets / Fund Balance$3,177,065$2,894,135▼ $282,930

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,636,470$2,631,892$4,268,362
Equipment$7,191$75,425$82,616
Other Land Buildings$1,993$63,599$65,592
Leasehold Improvements$48,168$9,099$57,267
Land$51,329-$51,329
Other Assets Org$714,009--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$94,117$121,142▲ $6,529-$221,788
2024$93,555-▲ $562-$94,117
2023$91,361$2,000▲ $194-$93,555
2022$89,343$2,000▲ $18-$91,361
2021$82,899$6,427▲ $17-$89,343
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vanessa MoroscoExecutive DirectorFT$64,580$8,284$72,864
Jessica RoseFinance DirectorFT$43,822$1,849$45,671

Board Members and Trustees

NameTitle
Dana FlandersChair
Josh MccoyDevelopment Chair
Martha WalkerEducation Chair
Carl SteidtmannFinance Chair
JANICE O'ROURKEPersonnel Chair
Richard Hc ClayPersonnel Chair
Nancy KylerVice Chair
Ralph Alan CohenBoard Advisor
David Sterling BrownTrustee
Davidson a Perry-millerTrustee
Garry WaltonTrustee
Ken VenableTrustee
Kimberly R WestTrustee
Kris DoanTrustee
Myron StevesTrustee
Pamela FriedmanTrustee
Peter KirwanTrustee
Tiffany SternTrustee
Ty BuckmanTrustee
Tynisha D WillinghamTrustee
Jemma LevySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$900,584
Program Service Revenue
$2,788,349
Investment Income
$9,449
Other Revenue
$112,282
All Other Contributions
$824,581
Change in Net Assets
$33,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,810,664
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$183,327
Total Revenue per Audited Statements
$3,993,991
Total Revenue per Form 990
$3,810,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,008,460
Other Expenses$1,768,416
Total Fundraising Expense$103,745
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,255,943$220,935$68,498$1,545,376
Occupancy$323,256$44,797$612$368,665
Fees for Services Other$285,398$1,436$225$287,059
Office Expenses$169,724$8,576$1,581$179,881
Current Officers, Directors, Trustees, and Key Employees$121,388$20,331$6,520$148,239
Other Employee Benefits$125,012$8,815$5,534$139,361
Payroll Taxes$107,190$15,851$5,412$128,453
Depreciation Depletion-$120,424-$120,424
Fees for Services Accounting-$99,379-$99,379
Advertising$95,990--$95,990
Interest$80,361$166-$80,527
All Other Expenses$73,006$2,266$1,154$76,426
Insurance$57,429$3,987$1,490$62,906
Royalties$51,047--$51,047
Pension Plan Contributions$42,188$2,975$1,868$47,031
Other Expenses$33,723$881$9,993$44,597
Travel$34,151$1,992$858$37,001
Total Functional Expenses$3,106,001$567,130$103,745$3,776,876

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,960,203
Expenses per Audited Statements$3,776,876
Total Expenses per Form 990$3,776,876
Expenses Not Reported on Form 990$183,327
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,925
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Peter Simon HiltonSpouse of EdConsulting Services and ResearchNo$15,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$755,554
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

Updated sections 2.2 and 3.2 on our bylaws. Sections 3.5-3.8 were updated to reflect our current leadership model, this included new sections on co-chairs and our executive director as ex officio. Section 6.4 was updated to include marketing, reflecting our joined development and marketing department. Section 6.8 was updated to outline our education committee (6.8 became 6.9, etc). Section 9.2 now reflects the asc's conflict of interest policy instead of board minutes.

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

The organization maintains a written conflict of interest policy applicable to officers, directors, trustees, and key employees. Potential conflicts are disclosed annually and as they arise. When a conflict is identified, the interested individual recuses themselves from discussion and approval of the related transaction. See schedule l regarding a disclosed transaction involving an officer's spouse. The matter was handled in accordance with the organization's conflict of interest policy.

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

Website / third-party site

Form 990, Part VI, Section C, Line 19

All 990s and financial audits for the past 3 years are accessible on the asc webpage.

Form 990, Part VI, Line 13

The whistleblower policy is a board-adopted governance policy and is reflected in the employee handbook for implementation. Handbook last updated on 7.16.2025 and board-approved october 2026.

Form 990, Part VI, Line 14

This policy has been in operational use as part of our accounting procedures; we are formalizing it as a standalone governance policy.

Filing and Contact Details

Filer

Filer Name
American Shakespeare Center
EIN
54-1487955
Phone
5408885588
Address
20 S NEW ST 4TH FLOOR, STAUNTON, VA 24401

Signing Officer

Name
Dana Flanders
Title
Board Chair
Phone
5408885588
Signed
2026-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dana Flanders
Formed
1988
Legal Domicile
Va
Voting Board Members
19
Independent Board Members
19
Employees
82
Volunteers
110

Preparer

Firm
Brown Edwards & Company Llp
Address
1909 FINANCIAL DRIVE, HARRISONBURG, VA 22801
Preparer
James R Fries
Phone
5404346736
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Asc launched one new program during the year: the asc book club, a recurring text-based learning program for adult participants that supports community discussion.

Form 990, Part III, Line 3

Asc refined several education programs to align with organizational capacity and participant needs. Adjustments included changes to summer camp structure and expanded use of on-site educational delivery to improve participant experience and instructional consistency.

Financial Statement Notes

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

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold netted against revenue compensated tickets netted against revenue

Raw XML AppendixShowing 400 of 690 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO ADVANCE UNDERSTANDING, IMAGINATION, AND COMMUNITY BY ILLUMINATING SHAKESPEARE THROUGH PERFORMANCE, RESEARCH, AND EDUCATION IN THE BLACKFRIARS PLAYHOUSE AND BEYOND.
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IRS990/Form990PartVIISectionAGrp/PersonNm21VANESSA MOROSCO
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DEVELOPMENT CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7PERSONNEL CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22FINANCE DIRECTOR
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IRS990/MissionDesc0THE AMERICAN SHAKESPEARE CENTER ADVANCES UNDERSTANDING, IMAGINATION, AND COMMUNITY BY ILLUMINATING SHAKESPEARE THROUGH PERFORMANCE, RESEARCH, AND EDUCATION IN THE BLACKFRIARS PLAYHOUSE AND BEYOND.
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IRS990/ProgramServiceRevenueGrp/Desc0ARTISTIC INNOVATION
IRS990/ProgramServiceRevenueGrp/Desc1EMPOWERING EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc2BUILDING COMMUNITY
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