Civic Intelligence

Shakespearean Youth Theater Company

EIN 81-1207603 • 501(c)3 • Saint Paul, MN

Profile

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.

649 Fairview Ave SSaint Paul, MN 55116

sytmn.org

Siviq Scores

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

Liabilities / Assets

98th percentile

5.83x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.28x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

37th percentile

-4.3%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$11,153

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-28%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$33,892

Down $12,893 (-28%) from 2023

Liabilities

Down

$197,534

Down $6,237 (-3.1%) from 2023

Net Assets

Down

-$163,642

Down $6,656 (-4.2%) from 2023

Revenue

Up

$154,365

Up $29,769 (+24%) from 2023

Expenses

Down

$161,021

Down $57,620 (-26%) from 2023

Net Income

Up

-$6,656

Up $87,389 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2019: $5,331Liabilities 2019: $4,2992019Assets 2020: $74,639Liabilities 2020: $61,5122020Assets 2021: $66,236Liabilities 2021: $63,406Net Assets 2021: $2,8302021Assets 2022: $127,681Liabilities 2022: $190,622Net Assets 2022: -$62,9412022Assets 2023: $46,785Liabilities 2023: $203,771Net Assets 2023: -$156,9862023Assets 2024: $33,892Liabilities 2024: $197,534Net Assets 2024: -$163,6422024

Highlighted filing

2024

Assets$33,892
Liabilities$197,534
Net Assets-$163,642

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $106,048Expenses 2019: $106,721Net Income 2019: -$6732019Revenue 2020: $102,350Expenses 2020: $90,255Net Income 2020: $12,0952020Revenue 2021: $122,875Expenses 2021: $133,172Net Income 2021: -$10,2972021Revenue 2022: $171,053Expenses 2022: $236,800Net Income 2022: -$65,7472022Revenue 2023: $124,596Expenses 2023: $218,641Net Income 2023: -$94,0452023Revenue 2024: $154,365Expenses 2024: $161,021Net Income 2024: -$6,6562024

Highlighted filing

2024

Revenue$154,365
Expenses$161,021
Net Income-$6,656

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$154,365
Mission and Program Overview

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.

Our mission is to inspire, empower and challenge young people to engage with great works and create groundbreaking theater through education, performance, and ensemble-based collaboration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,084$20,000▲ $17,916
Land, Buildings, and Equipment, Net$12,216$12,207▼ $9
Cash and Non-Interest-Bearing Accounts$32,485$1,685▼ $30,800
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$46,785$33,892▼ $12,893
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$203,771$196,000▼ $7,771
Accounts Payable and Accrued Expenses$0$1,534▲ $1,534
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$203,771$197,534▼ $6,237
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-156,986$-163,642▼ $6,656
Total Net Assets Fund Balance$-156,986$-163,642▼ $6,656
Total Liabilities and Net Assets / Fund Balance$46,785$33,892▼ $12,893

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$12,207$9$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Logan VerdoornArtistic DirectorFT$11,153$11,153
Maria SignorelliManaging DirectorFT$2,568$2,568
Victoria SignorelliBoard of Directors, Treasurer-$500$500

Board Members and Trustees

NameTitle
Todd VerdoornBoard of Directors, Chair
Sarah MeeksBoard of Directors Member
Robyn CookBoard of Directors, Secretary
RobertRagonannan
Revenue and Support

Revenue Composition

Contributions and Grants
$99,416
Program Service Revenue
$54,935
Investment Income
$14
Other Revenue
$0
All Other Contributions
$64,416
Change in Net Assets
$-6,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$139,913
Salaries, Compensation, and Employee Benefits$21,108
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$39,380$5,395$0$44,775
Fees for Services Other$42,819$0$0$42,819
Current Officers, Directors, Trustees, and Key Employees$9,860$6,860$0$16,720
Advertising$7,074$0$0$7,074
Information Technology$3,337$1,719$0$5,056
Conferences and Meetings$4,695$0$0$4,695
Office Expenses$1,029$3,537$0$4,566
Interest$0$4,176$0$4,176
Other Expenses$1,537$1,536$0$3,073
Other Salaries and Wages$3,038$0$0$3,038
Payroll Taxes$900$450$0$1,350
Insurance$0$1,318$0$1,318
Travel$46$0$0$46
Total Functional Expenses$136,030$24,991$0$161,021
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board member Todd Verdoorn is related to Artistic Director Logan Verdoorn (father/son). Board member Victoria Signorelli is related to Managing Director Maria Signorelli (siblings).

Form 990, Part VI, Section A, Line 3

Logan Verdoorn and Maria Signorelli as the organization's executive leaders report directly to the full Board of Directors.

Form 990, Part VI, Section B, Line 11B

The 99o is circulated to the Board of Directors by email prior to submission for comment and review.

Form 990, Part VI, Section B, Line 15

Executive salaries are reviewed annually by the full Board of Directors and reflect the Board's interest in offering competitive compensation to key leaders; wage review includes a survey of publicly available data of executive compensation at peer organizations. Peer organizations are defined by organizations with a similar mission, size (by operating budget and number of students/audience members served annually), and location; most executive compensation data is drawn from public 990s.

Form 990, Part VI, Section C, Line 19

Governing documents, written policies, and 990 filings are available upon request. The Organization's 990s are also available for free to the public on websites maintained by other organizations such as ProPublica and Instrument.

Filing and Contact Details

Filer

Filer Name
Shakespearean Youth Theater Company
EIN
81-1207603
Phone
6513305037
Address
649 Fairview Ave S, Saint Paul, MN 55116
Doing Business As
Shakespearean Youth Theatre

Signing Officer

Name
Logan Verdoorn
Title
Artistic Director
Phone
7632137752
Signed
2025-05-14

Organization Details

Principal Officer
Logan Signorelli Verdoorn
Formed
2016
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
3
Employees
3
Volunteers
100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 5

Logan Verdoorn (Artistic Director, Key Employee) received payment for his work as a Teaching Artist/Director in our Ensemble Performance Programs. His compensation was equal to the amount paid to other Teaching Artist/Directors contracted for this season.

Form 990, Part IX, Line 6

Board Member Victoria Signorelli received payment for their work as a teaching artist; rate was equal to the rate paid by SYT to similarly qualified teaching artists filling similar roles this year.

Form 990, Part IX, Line 11G

Other Services include Workshop Teaching Artists hired on a contract basis as well as production crew and designers (Lighting Design and technicians, Sound Design, Choreographers, Costume Designer, etc.)

Form 990, Part XII, Line 1

We are changing our accounting method from cash to accrual to maintain a more up-to-date record of program expenses incurred throughout the year.

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IRS990/MissionDesc0Shakespearean 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.
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IRS990/OtherExpensesGrp/Desc0Theatrical Equipment - lighting and sound
IRS990/OtherExpensesGrp/Desc1Theatrical supply - costume and props
IRS990/OtherExpensesGrp/Desc2theatrical supply - set and scenic materials and supplies
IRS990/OtherExpensesGrp/Desc3Misc.
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IRS990/PrincipalOfficerNm0Logan Signorelli Verdoorn
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IRS990/ProgramServiceRevenueGrp/Desc0Ensemble Performance Programs - ticket sales and tuition
IRS990/ProgramServiceRevenueGrp/Desc1theater education workshops, camps and classes - participation fees
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IRS990/ProgSrvcAccomActy2Grp/Desc0Classes, 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.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The 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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