Overview
What is San Diego Theatres Inc?
San Diego Theatres Inc, a nonprofit organization, is dedicated to enriching the local community through exceptional performing arts and educational experiences. Operating the San Diego Civic Theatre and the Historic Balboa Theatre, both publicly owned, the organization serves over half a million patrons annually. The Civic Theatre, owned by the city, and the Balboa Theatre, owned by the city acting as the successor agency of the Redevelopment Agency, are cornerstones of the downtown performing arts district. San Diego Theatres fosters collaboration in the arts community and serves as a catalyst for economic development. Beyond self-presented events, the theatres showcase a diverse schedule of cultural, theatrical, and musical productions, as well as formal gatherings and community events. The Balboa Theatre also hosts a range of contemporary entertainment and is extensively used by local non-profit organizations.
Official website here: www.sandiegotheatres.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
San Diego Theatres Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization scored 96% in the Accountability & Finance category, indicating strong governance practices and transparency in its operations. The organization boasts a fully independent board, with 100% of its board members not affiliated with the organization, which enhances its credibility.
The financial health of San Diego Theatres Inc is also noteworthy, with a program expense ratio of 73.70%, suggesting that a significant portion of its resources is directed towards its programming rather than administrative costs. Additionally, the organization has successfully maintained a low liabilities to assets ratio of 46.46%, which signifies good financial stability. Their commitment to oversight is evident with comprehensive policies in place for conflict of interest, whistleblower protections, and document retention.
While the organization demonstrates strong performance metrics and governance, continued focus on these areas will be essential for maintaining its high standards. Overall, San Diego Theatres Inc stands out as a well-managed nonprofit, committed to accountability and transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is San Diego Theatres Inc legitimate?
San Diego Theatres Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Diego Theatres Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $633,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,403,336
For more financial information, click here
Official website here: www.sandiegotheatres.org
What is the mission statement of San Diego Theatres Inc?
San Diego Theatres Inc, a non-profit organization, operates the San Diego Civic Theatre and the Historic Balboa Theatre. Their primary mission is to enrich the community by providing exceptional performing arts and education experiences. They foster collaboration within the arts community and serve as a catalyst for economic development, particularly in a downtown arts district. The organization is dedicated to the successful stewardship of these publicly-owned performing arts venues, benefiting the region. The combination of these theatres, along with various other venues, forms the cornerstone of the downtown performing arts district, positively impacting the region.
Official website here: www.sandiegotheatres.org
Who is the CEO of San Diego Theatres Inc?
Carol Wallace is the President & Ceo of San Diego Theatres Inc. The CEO's salary of San Diego Theatres Inc is $283,805 and their total compensation is $305,727.
Official website here: www.sandiegotheatres.org
What is the revenue of San Diego Theatres Inc?
San Diego Theatres Inc's revenue in 2022 was $11,079,661.
Official website here: www.sandiegotheatres.org
Who are the executives of San Diego Theatres Inc and what are their salaries?
The average compensation at San Diego Theatres Inc during 2022 was $25,737. There are 118 employees and 143 volunteers at San Diego Theatres Inc.
Here are 21 key members and their salaries (San Diego Theatres Inc's CEO's salary is $283,805 and their total compensation is $305,727):
- Compensation: $283,805
- Related: $0
- Other: $21,922
- Compensation: $153,522
- Related: $0
- Other: $20,316
- Compensation: $143,735
- Related: $0
- Other: $26,734
- Compensation: $153,950
- Related: $0
- Other: $0
- Compensation: $106,746
- Related: $0
- Other: $13,046
- Compensation: $107,965
- Related: $0
- Other: $5,549
- Compensation: $104,970
- Related: $0
- Other: $6,387
- Compensation: $99,215
- Related: $0
- Other: $10,946
- Compensation: $103,340
- Related: $0
- Other: $5,577
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.sandiegotheatres.org
Where can I find the form 990 for San Diego Theatres Inc?
San Diego Theatres Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sandiegotheatres.org
Learn more at the official website: www.sandiegotheatres.org
Mission Statement of San Diego Theatres Inc
San Diego Theatres Inc, a non-profit public benefit corporation, is committed to the successful stewardship of the San Diego Civic Theatre and the Historic Balboa Theatre. These iconic performing arts venues, owned by the city of San Diego and its redevelopment agency successor, respectively, serve as the cornerstones of a vibrant downtown arts district. San Diego Theatres Inc annually entertains over half a million patrons, enriching the region with exceptional arts and education experiences. By fostering collaboration within the arts community and serving as an economic development catalyst, this organization contributes significantly to the region's cultural landscape. Its mission is to manage these publicly-owned venues with dedication, ensuring they continue to benefit the community.
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Impact
October, 2024
San Diego Theatres Inc (SDT) significantly enriches the cultural landscape of the region by operating the San Diego Civic Theatre and the historic Balboa Theatre, serving over 500,000 patrons annually. These venues are pivotal in the downtown arts district, showcasing a diverse array of performances, including opera, ballet, concerts, and community events.
The San Diego Civic Theatre, as the city's most attended performing arts venue, is home to prominent organizations such as the San Diego Opera and California Ballet. It not only hosts its own productions but also partners with top presenters to bring major music acts and comedians to the community.
The Balboa Theatre complements this vibrant cultural scene by providing space for local nonprofits and popular contemporary entertainment. This variety ensures that the theatres cater to a wide range of community interests, fostering engagement and participation in the arts.
By facilitating collaboration among local organizations and artists, SDT plays a critical role in the economic development of downtown San Diego, while also enhancing the quality of life for the area's residents. Through exceptional performing arts and educational experiences, San Diego Theatres Inc acts as a catalyst for the region’s artistic vitality and community cohesion.
This information is meant to be a general summary of San Diego Theatres Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $28,338
- Program Service Revenue: $3,945,043
- Gross Receipts: $11,079,661
Assets and Liabilities:
- Total Assets: $18,272,469
- Total Liabilities: $6,828,726
- Net Assets: $11,443,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT PARKING
Revenue
$227,020
OTHER PROGRAM REVENUE
Revenue
$502
TICKET SALES
Revenue
$257,250
TICKETING & EVENT FEES
Revenue
$3,460,271
Organization Details
Founding Year
2003
Phone
(619) 615-4043Principal Officer
Carol Wallace
Main Address
233 A ST 900, SAN DIEGO, CA, 92101
Website
www.sandiegotheatres.orgNTEE Category
Code: A65 - Arts
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