| Issue | #15 |
| Published | March 1941 |
| Cover Price | 0.10 |
| Editing | Bill Parker |
| Genre | superhero |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #1 |
| Characters | V: Sivana (O; flashback); I & O: Magnificus Sivana (Sivana's son; next app. in WORLD'S FINEST COMICS (DC) #253); GS: Beautia Sivana (O; last name and relationship with Sivana revealed) |
| Genre | superhero |
| Script | Bill Parker |
| Pencils | C. C. Beck |
| Inks | C. C. Beck |
| Colors | Bill Parker |
| Reprinted | in Shazam from the Forties to the Seventies (Harmony Books, 1977 series) #nn (1977) |
| Characters | I: Don, Spike and Nifty (the Companions Three); V: The Crystal (I); next appears in MASTER COMICS #14 |
| Genre | adventure |
| Pencils | Ken Battefield |
| Inks | Ken Battefield |
| Characters | V: El Tigre (I) |
| Genre | adventure |
| Script | Bill Parker? |
| Pencils | Bob Kingett |
| Inks | Bob Kingett |
| Colors | Bill Parker? |
| Characters | V: The Mask and Grosso; both die in this story; Captain Marvel cameo |
| Synopsis | Spy Smasher becomes evil |
| Genre | spy; superhero |
| Script | Bill Parker? |
| Pencils | Pete Costanza |
| Inks | Pete Costanza |
| Colors | Bill Parker? |
| Notes | part 1 of Captain Marvel vs. Spy Smasher story; continues in Captain Marvel story in next issue |
| Reprinted | in Shazam! Archives, The (DC, 1992 series) #2 |
| Genre | detective |
| Script | Bill Parker? |
| Pencils | Greg Duncan |
| Inks | Greg Duncan |
| Colors | Bill Parker? |
| Characters | I: Queen Zoe (D) |
| Genre | jungle |
| Script | John Hampton? |
| Pencils | Mac Raboy |
| Inks | Mac Raboy |
| Colors | John Hampton? |
| Notes | story influenced by H. Rider Haggard's SHE. |
| Characters | V: Trug, Rimson (D) |
| Genre | occult; superhero |
| Script | Bill Parker? |
| Pencils | Pete Costanza |
| Inks | Pete Costanza |
| Colors | Bill Parker? |
| Notes | story continues in next issue |