Overview
What is Old Globe Theatre?
The Old Globe Theatre, a leading professional regional theatre in San Diego, has been enriching the community since 1937. With a mission to preserve, strengthen, and advance American theatre, they produce a year-round season of 15 or more plays and musicals, including world premieres, modern classics, new works, and Broadway-bound productions. Their artistic programming reaches a wide audience through three stages with capacities of 600/600/250. Beyond the theatre, the Old Globe offers an extensive range of arts engagement and humanities programs, catering to the growth and education of audiences and the community. Their impact in 2022 included welcoming over 200,000 admissions and program participants, presenting 550 performances, and employing more than 700 artists, artisans, and staff members. The Old Globe's significant achievements include sending 26 shows to Broadway and distributing over 4,000 free tickets to community organizations. Their dedication to community outreach is reflected in partnerships with over 40 organizations and the distribution of nearly 5,000 free student matinee tickets.
Official website here: www.theoldglobe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Old Globe Theatre has achieved an exemplary Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. With a perfect score of 100% in both the Accountability & Finance category and the Leadership & Adaptability category, the organization demonstrates a commitment to transparency and effective management, suggesting that it uses its resources efficiently to achieve its artistic and educational missions.
The organization boasts an impressive board structure, with 96% of its members being independent, ensuring that decisions are made without conflicts of interest. Financial metrics show a robust program expense ratio of 76.48%, indicating that a significant portion of its budget is dedicated to its programs rather than administrative costs. This focus on programmatic spending is a strong indicator of its commitment to serving the community through the arts.
While the overall ratings are high and highlight the theater's effective governance and financial health, ongoing engagement with the community and adaptability in programming to meet audience needs will be essential for sustaining its success. The absence of limitations in the data reinforces its positive standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Old Globe Theatre legitimate?
Old Globe Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Globe Theatre 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: $2,212,041
Professional Fundraising Fees: $190,410
Other Salaries and Wages: $15,377,201
For more financial information, click here
Official website here: www.theoldglobe.org
What is the mission statement of Old Globe Theatre?
The Old Globe Theatre, a renowned professional regional theatre, has been serving the community since 1937. With a mission to preserve, strengthen, and advance American theatre, the Old Globe creates theatrical experiences of the highest professional standards. They produce and present works of exceptional merit, designed to appeal to current and future audiences. The theatre ensures diversity and balance in programming and offers an environment for the growth and education of theatre professionals, audiences, and the community at large. The Old Globe's year-round season includes 15 or more plays and musicals, ranging from world premieres to Broadway-bound productions. Additionally, they provide a wide range of arts engagement and humanities programs that contribute to the growth and education of their audiences.
Official website here: www.theoldglobe.org
Who is the CEO of Old Globe Theatre?
Michelle L Yeager is the Board Past Chair of Old Globe Theatre.
Official website here: www.theoldglobe.org
What is the revenue of Old Globe Theatre?
Old Globe Theatre's revenue in 2022 was $34,219,671.
Official website here: www.theoldglobe.org
Who are the executives of Old Globe Theatre and what are their salaries?
The average compensation at Old Globe Theatre during 2022 was $19,830. There are 887 employees and 1850 volunteers at Old Globe Theatre.
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Official website here: www.theoldglobe.org
Where can I find the form 990 for Old Globe Theatre?
Old Globe Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theoldglobe.org
Learn more at the official website: www.theoldglobe.org
Mission Statement of Old Globe Theatre
The Old Globe Theatre, a leading professional regional theatre in the United States, has been serving the community since its inception in 1937. Established as a permanent operation following the popularity of Shakespeare's work at the 1935-36 California Pacific International Exposition in Balboa Park, the Old Globe has been a significant cultural institution in San Diego.
The Old Globe's mission is to preserve, strengthen, and advance American theatre. This is achieved through the creation of theatrical experiences of the highest professional standards, the production and presentation of works of exceptional merit, and ensuring diversity and balance in programming. The theatre provides an environment for the growth and education of theatre professionals, audiences, and the community at large.
Year-round, the Old Globe produces over fifteen plays and musicals, including world premieres, modern classics, new works, Broadway-bound productions, and the highly-regarded Summer Shakespeare Festival. With three stages, each with an audience capacity of 600, 600, and 250 respectively, the theatre caters to a wide range of audiences. Beyond artistic programming, the Old Globe also offers a variety of arts engagement and humanities programs designed to contribute to the growth and education of audiences and the community.
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Impact
October, 2024
The Old Globe Theatre significantly impacts the San Diego region by enriching cultural life, fostering the arts, and contributing to the local economy. As one of the nation's premier regional theaters, it has been a cornerstone of artistic expression since its establishment in 1937. With a robust season featuring over 15 plays and musicals, including groundbreaking world premieres and modern classics, the theater consistently draws audiences, welcoming approximately 200,000 attendees annually.
The economic footprint of the Old Globe is substantial, generating an estimated $45.5 million for the local economy each year. It not only attracts top-tier national theatre artists to San Diego but also strengthens the local theatre scene through the employment of over 700 artists, artisans, and staff. Its participation in Broadway through 26 shows, including recent successes, highlights its role as a launching pad for new works.
Beyond its professional productions, the Old Globe's commitment to community engagement is exemplary. It offers innovative arts programs that reach diverse populations within San Diego and beyond. Initiatives such as Globe for All, community playwriting workshops, and interactive workshops for incarcerated individuals are testaments to its dedication to making theatre accessible and meaningful. By partnering with more than 40 community organizations, the theater serves to enrich the lives of various underrepresented groups, including military families, youth, and seniors.
Programs specifically designed for young audiences, like free student matinees and immersive educational experiences, introduce thousands of students to the joys of theatre, often for the first time. The Old Globe’s expansive outreach ensures that the transformative power of the arts is felt throughout the community, nurturing the next generation of theatre-goers and artists.
Overall, the Old Globe Theatre is not just a venue for the performing arts; it is a vital cultural institution that serves to preserve and advance American theatre, ensuring that its impact resonates throughout San Diego and beyond for years to come.
This information is meant to be a general summary of Old Globe Theatre. 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: $532,156
- Program Service Revenue: $21,339,381
- Gross Receipts: $35,224,305
Assets and Liabilities:
- Total Assets: $81,721,511
- Total Liabilities: $9,098,039
- Net Assets: $72,623,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$12,912,717
ENHANCEMENT REVENUE
Revenue
$7,182,331
EDUCATIONAL PROGRAMS
Revenue
$1,627
Organization Details
Founding Year
1937
Phone
(619) 231-1941Principal Officer
Michelle L Yeager
Main Address
PO BOX 122171, SAN DIEGO, CA, 921122171
Website
www.theoldglobe.orgNTEE Category
Code: A650 - Arts
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