Overview
What is Center Theatre Group Of Los Angeles?
Center Theatre Group of Los Angeles is a renowned nonprofit organization with a rich 55-year history. Based in Los Angeles, it operates three theaters - the Ahmanson Theatre, Mark Taper Forum, and Kirk Douglas Theatre. The group's mission is to broaden horizons and illuminate new perspectives by producing and presenting high-caliber theatre, nurturing new artists, attracting diverse audiences, and developing youth outreach and arts education programs. With 387 employees, they have presented a wide range of shows, from Broadway hits to thought-provoking stories and innovative new plays. In the 2021 season, notable productions included "A Christmas Carol," "Everybody's Talking About Jamie," "The Lehman Trilogy," "Hadestown," and "Come From Away," among others. The organization has received numerous nominations and awards for its productions, including for "The Lehman Trilogy," "Everybody's Talking About Jamie," and "Hadestown."
Official website here: www.centertheatregroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Four-Star out of Four Stars (96%)
Center Theatre Group of Los Angeles has received an impressive Four-Star rating from Charity Navigator, with a strong overall score of 96%. This high rating reflects the organization’s commitment to accountability and financial management, which is crucial for sustaining public trust and support for nonprofit organizations.
The organization boasts a fully independent board, with 95% of its members being independent, and has effectively implemented robust financial oversight measures, including a comprehensive audit and oversight committee. Additionally, its financial health is evident through a favorable liabilities to assets ratio and a substantial program expense ratio, indicating that the majority of its expenses are directed towards its programs and services.
While the data does not highlight any significant limitations, the overall transparency and adherence to best practices in governance and financial reporting position Center Theatre Group as a reliable and responsible nonprofit organization in the arts sector. This strong foundation enhances its capacity to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Center Theatre Group Of Los Angeles legitimate?
Center Theatre Group Of Los Angeles is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Theatre Group Of Los Angeles 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: $2,451,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,937,417
For more financial information, click here
Official website here: www.centertheatregroup.org
What is the mission statement of Center Theatre Group Of Los Angeles?
The Center Theatre Group of Los Angeles is known as one of the nation's most influential nonprofit theatre companies. It continues a 55-year-old tradition of broadening horizons and illuminating new perspectives through theatre at its three venues: the Ahmanson Theatre, Mark Taper Forum, and Kirk Douglas Theatre. The group's mission is to serve diverse audiences by producing and presenting theatre of the highest caliber, nurturing new artists, attracting new audiences, and developing youth outreach and arts education programs. Their objective is to offer the broadest range of theatrical entertainment in the country, featuring celebrated shows from Broadway, thought-provoking stories, and adventurous new plays from fresh voices. The group invites audiences to connect with artists and experience various theatrical genres.
Official website here: www.centertheatregroup.org
Who is the CEO of Center Theatre Group Of Los Angeles?
Meghan Pressman is the Ceo/Managing Director of Center Theatre Group Of Los Angeles. The CEO's salary of Center Theatre Group Of Los Angeles is $471,882 and their total compensation is $520,012.
Official website here: www.centertheatregroup.org
What is the revenue of Center Theatre Group Of Los Angeles?
Center Theatre Group Of Los Angeles's revenue in 2022 was $42,909,822.
Official website here: www.centertheatregroup.org
Who are the executives of Center Theatre Group Of Los Angeles and what are their salaries?
The average compensation at Center Theatre Group Of Los Angeles during 2022 was $39,766. There are 387 employees and 48 volunteers at Center Theatre Group Of Los Angeles.
Here are 62 key members and their salaries (Center Theatre Group Of Los Angeles's CEO's salary is $471,882 and their total compensation is $520,012):
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- Other: $42,118
- Compensation: $471,882
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- Compensation: $108,827
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- Other: $2,787
Official website here: www.centertheatregroup.org
Where can I find the form 990 for Center Theatre Group Of Los Angeles?
Center Theatre Group Of Los Angeles's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centertheatregroup.org
Learn more at the official website: www.centertheatregroup.org
Mission Statement of Center Theatre Group Of Los Angeles
Center Theatre Group of Los Angeles, one of the country's most influential nonprofit theatre companies, has been using the power of theatre to broaden horizons and provide new perspectives for over five decades. The organization, dedicated to creating profound connections between artists and audiences, is committed to reflecting the diverse communities it serves.
Center Theatre Group's primary objective is to bring the highest caliber of theatrical entertainment to the audiences of Los Angeles. The company achieves this by producing and presenting a wide range of shows, from celebrated Broadway productions to thought-provoking and lively stories that challenge and inspire. Additionally, the organization supports fresh voices and new artists, attracting new audiences and fostering a vibrant theatrical community.
The mission of Center Theatre Group is rooted in the belief that theatre has the unique ability to engage, provoke, and unite. By inviting audiences to experience a diverse array of theatrical entertainment, the organization contributes to the energy that feeds a city, a culture, and a society. The company's three theatres – the Ahmanson Theatre, the Mark Taper Forum, and the Kirk Douglas Theatre – serve as platforms for both classic and contemporary works, providing opportunities for exploration, reflection, and growth.
Center Theatre Group's dedication to nurturing new artists and developing youth outreach and arts education programs further solidifies its role as a cultural institution in Los Angeles. Through its various initiatives, the organization provides invaluable opportunities for emerging artists and fosters a love for the arts in the next generation. In essence, Center Theatre Group of Los Angeles is an essential force in the theatrical landscape, continually pushing boundaries and igniting the imagination of its diverse audience.
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Impact
October, 2024
Center Theatre Group of Los Angeles plays a crucial role in the cultural landscape of the city and beyond, with a history spanning over 55 years. As one of the nation's most influential theatre companies, it utilizes the art of theatre to expand horizons and shed light on diverse perspectives. The organization operates three key venues—the Ahmanson Theatre, the Mark Taper Forum, and the Kirk Douglas Theatre—each showcasing a rich array of performances that resonate with diverse audiences.
By producing world-renowned shows and thought-provoking narratives, Center Theatre Group fosters a deeper understanding of the complexities of contemporary life. The company's commitment to high-caliber theatre creates a dynamic connection between artists and audiences, enriching the cultural fabric of Los Angeles.
Furthermore, Center Theatre Group emphasizes inclusivity and outreach. It actively nurtures new artists and develops educational programs aimed at youth, ensuring that the arts remain accessible and relevant to future generations. Through its various initiatives, the organization strengthens the community and promotes a vibrant dialogue around important social issues.
With productions that draw significant attendance—like "Hadestown" and "The Lehman Trilogy," which garnered multiple awards and nominations—Center Theatre Group not only entertains but also challenges and inspires its audience, reflecting the diverse narratives within the community it serves. This multidimensional impact solidifies its position as a vital cultural institution in Los Angeles and the wider theatrical landscape.
This information is meant to be a general summary of Center Theatre Group Of Los Angeles. 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: $1,459,790
- Program Service Revenue: $19,933,140
- Gross Receipts: $43,817,753
Assets and Liabilities:
- Total Assets: $84,048,612
- Total Liabilities: $15,621,682
- Net Assets: $68,426,930
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCE REVENUE
Revenue
$17,047,022
AUXILIARY REVENUE
Revenue
$2,886,118
Organization Details
Founding Year
1966
Phone
(213) 972-8032Principal Officer
Meghan Pressman
Main Address
601 W TEMPLE ST 13, LOS ANGELES, CA, 90012
Website
www.centertheatregroup.orgNTEE Category
Code: A650 - Arts
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