Skip to the page content
Passes our checks

Lake Tahoe Shakespeare Festival

EIN 88-0358637 · Incline Vlg, NV

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong95 out of 100GovernanceFair68 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF LAKE TAHOE SHAKESPEARE FESTIVAL IS TO ENRICH OUR COMMUNITY BY PROVIDING THE HIGHEST QUALITY THEATRICAL AND CULTURAL PRODUCTIONS FOR THE RESIDENTS OF THE GREATER LAKE TAHOE AREA AND VISITORS FROM ALL OVER THE WORLD. WE ALSO PROVIDE MEANINGFUL EDUCATIONAL EXPERIENCES FOR YOUTH BY OFFERING THEATRICAL OUTREACH PROGRAMS THROUGHOUT OUR REGION.

Income
$3.4 million
Spending
$3.1 million
Spent on programs
77%
Reserves
18 months of spending
Largest source of income
fees for its services, 61%
Employees
135
Volunteers
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 87% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 18.0 months of spending.

  • Debt

    20 of 20

    It owes 7% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 10% of income.

  • Income trend

    10 of 15

    Income fell 7% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 68 out of 100. Higher than 17% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $2.3 million spent. SHAKESPEARE AT LAKE TAHOE DRAWS THOUSANDS OF TOURISTS EACH YEAR TO THE LOCAL AREA TO SEE THE PRODUCTION OF SHAKESPEAREAN PLAYS.
  2. $34,779 spent. YOUNG SHAKESPEARE, INTERACT AND CAMP ARE PROGRAMS DESIGNED AS AN OUTREACH OF EDUCATION TO CHILDREN, EXPOSING THEM TO SHAKESPEARE AND THE IMPORTANCE OF THEATRE, MUSIC AND ART IN THEIR EVERYDAY LIVES.
  3. NUMEROUS ARTISTIC AND MUSICAL PERFORMANCES ARE PRESENTED TO THE GENERAL PUBLIC DURING THE COURSE OF THE YEAR OUTSIDE OF THE SHAKESPEARE FESTIVAL, ALLOWING ADDITIONAL EXPOSURE TO CULTURAL EVENTS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1996.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.