Oregon Shakespeare Festival Association: $35.8M Revenue, $36.2M Expenses

Oregon Shakespeare Festival Association grades a B on the NonprofitTruth efficiency rubric. 67/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

At $35.8M in 2023 revenue, Oregon Shakespeare Festival Association sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Financial health is a strength: Oregon Shakespeare Festival Association carries a healthy operating-reserve cushion against $36.2M in annual expenses, the kind of balance-sheet stability that helps an organization weather funding gaps without cutting programs.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is on the higher side of the band typical for nonprofits this size: $1.6M in total current-officer compensation against $35.8M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Oregon Shakespeare Festival Association sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.