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Wortham Center Operating Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760205663 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Wortham Center Operating Company?

The Wortham Center Operating Company serves as a supportive and managerial entity for various arts organizations. Situated within the Wortham Theater Center, this nonprofit organization plays a significant role in hosting the Houston Ballet and Houston Grand Opera, alongside numerous other performing arts groups. Their primary function is to offer supervisory and administrative services, ensuring the smooth operation and success of these artistic organizations.

Is Wortham Center Operating Company legitimate?

Wortham Center Operating Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wortham Center Operating Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,849

For more financial information, click here

What is the mission statement of Wortham Center Operating Company?

The Wortham Center Operating Company's primary role is to provide supervisory, management, and support services to various artistic organizations. Located within this company is the Wortham Theater Center, which serves as a home to numerous performing arts groups, including the Houston Ballet and Houston Grand Opera. The company's mission, in essence, is to support these artistic organizations, enabling them to thrive and provide captivating performances for the public. By offering management and supervisory services, the Wortham Center Operating Company plays a crucial role in the success of these performing arts groups, ensuring they can continue to entertain and engage audiences.

Who is the CEO of Wortham Center Operating Company?

David Lane Chris Bacon is the Co-President of Wortham Center Operating Company.

What is the revenue of Wortham Center Operating Company?

Wortham Center Operating Company's revenue in 2022 was $1,202,050.

Who are the executives of Wortham Center Operating Company and what are their salaries?

The average compensation at Wortham Center Operating Company during 2022 was $12,015. There are 56 employees at Wortham Center Operating Company.


Here are 5 key members and their salaries:


James Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Dill (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bacon (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lane (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derwood J Freitag (Backstage Operations Direc)
  • Compensation: $119,418
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wortham Center Operating Company?

Wortham Center Operating Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wortham Center Operating Company

The Wortham Center Operating Company, in its role, offers supervisory, management, and supportive services to various artistic organizations. This nonprofit organization serves as a hub for numerous performing arts groups, providing them with the necessary infrastructure and support. Notably, the Wortham Center Operating Company is renowned for being the home to the Houston Ballet and Houston Grand Opera, two prestigious performing arts companies. The center offers these groups, and many others, a platform to showcase their talents and share their artistic endeavors with audiences. By providing essential management and support services, the Wortham Center Operating Company plays a vital role in the thriving arts scene of its associated organizations.

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Impact




October, 2024

Wortham Center Operating Company plays a pivotal role in enhancing Houston's cultural landscape by providing essential supervisory, management, and support services to various art organizations. As the operational backbone of the Wortham Theater Center, it ensures the seamless functioning of this prominent venue, which serves as the home for the Houston Ballet and Houston Grand Opera, among other performing arts groups.

The center not only supports these prestigious companies but also fosters a vibrant arts community within Houston. By facilitating diverse performances and artistic endeavors, it enriches the local cultural fabric, promotes talent, and engages audiences. Through its commitment to the arts, Wortham Center Operating Company significantly contributes to the city's identity as a cultural hub, thereby impacting the economic and social vitality of the region.




This information is meant to be a general summary of Wortham Center Operating Company. 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.

Revenue
$1,202,050 (2022)
Expenses
$959,130 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$79,808
  • Program Service Revenue: $1,281,858
  • Gross Receipts: $1,281,885

Assets and Liabilities:

  • Total Assets: $827,298
  • Total Liabilities: $112,589
  • Net Assets: $714,709

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOUSE CREW FEES

Revenue

$660,098

HALL RENTAL & TICKET S

Revenue

$571,148

OTHER INCOME

Revenue

$50,612

Organization Details

Founding Year

1984

Principal Officer

David Lane Chris Bacon

Main Address

510 PRESTON SUITE 201, HOUSTON, TX, 77002

NTEE Category

Code: A610 - Arts

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