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Center Theatre Group of LOS Angeles

Public charityFed auditsIRS 990990-T FY2023
Other · LOS ANGELES, CA · EIN 95-2466183

About

We believe theatre creates an extraordinary connection between artists and audiences that only starts on the stage. Theatre creates the energy that feeds a city, a culture, and a society. Theatre reflects the community it serves. Our mission is to serve the diverse audiences of LOS angeles by producing and presenting theatre of the highest caliber, by nurturing new artists, by attracting new audiences, and by developing youth outreach and arts education programs. At our three theatres, the ahmanson theatre, the MARK taper forum, and the KIRK douglas theatre, we invite audiences to experience the broadest range of theatrical entertainment in the country. We produce and present the most celebrated shows straight from broadway, thought-provoking and lively stories that help us understand our complicated world, and adventurous new plays from fresh voices.

Donations are tax-deductible
Category
Other
Employees
949
Volunteers
48

Financial Snapshot

FY ending 2023-06-30
Revenue
$45.6M
Expenses
$58.2M
Assets
$80.7M
Liabilities
$22.6M

Financial history

$64.3M$32.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $45.6M · Peak FY2019: $64.3M · Avg: $49.2M
CENTER THEATRE GROUP OF LOS ANGELES
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Address

601 W Temple ST
LOS Angeles, CA, 90012-262

Governance

Voting board members49
Independent members47
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %43.9%
Permanent endowment %56.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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