First Folio Theatre is year-round operation with two indoor theaters and an outdoor stage. Although the First Folio manages administrative services at its headquarters in Clarendon Hills, performances take place at the Mayslake Peabody Estate, in Oak Brook. While Shakespeare represents 40 percent of the playhouse's productions, other classics and upcoming playwrights are featured too. Co-founded by executive director David Rice in 1997, the First Folio Theatre also receives grants from the Illinois Arts Council and The DuPage Community Foundation.