OLD GLOBE THEATRE

EIN: 951543396 501(c)(3) Arts, Culture & Humanities

SAN DIEGO, CA

Total Revenue
$33,161,559
Total Expenses
$36,986,491
Total Assets
$69,563,987
Net Assets
$59,610,149
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
CA
Principal Officer
TIM SHIELDS
Phone
6192311941
Tax Period
2024-01-01 to 2024-12-31

OLD GLOBE THEATRE, founded in 1937, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $33.2M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $37.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF THE OLD GLOBE IS TO PRESERVE, STRENGTHEN AND ADVANCE AMERICAN THEATRE BY: CREATING THEATRICAL EXPERIENCES OF THE HIGHEST PROFESSIONAL STANDARDS; PRODUCING AND PRESENTING WORKS OF EXCEPTIONAL MERIT, DESIGNED TO REACH CURRENT AND FUTURE AUDIENCES; ENSURING DIVERSITY AND BALANCE IN PROGRAMMING; PROVIDING AN ENVIRONMENT FOR THE GROWTH AND EDUCATION OF THEATRE PROFESSIONALS, AUDIENCES AND THE COMMUNITY AT LARGE.

Program Service Accomplishments

Program 1
Expenses: $29,100,927 Revenue: $15,196,701

THE OLD GLOBE WELCOMED 200,000 ADMISSIONS AND PROGRAM PARTICIPANTS, INCLUDING THOSE WHO ATTENDED OUR FREE ARTS ENGAGEMENT PROGRAMS IN THE COMMUNITY. THE OLD GLOBE PRESENTED 495 PERFORMANCES OF 15...

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THE OLD GLOBE WELCOMED 200,000 ADMISSIONS AND PROGRAM PARTICIPANTS, INCLUDING THOSE WHO ATTENDED OUR FREE ARTS ENGAGEMENT PROGRAMS IN THE COMMUNITY. THE OLD GLOBE PRESENTED 495 PERFORMANCES OF 15 PLAYS IN OUR THREE VENUES IN BALBOA PARK PLUS AT 19 VENUES THROUGHOUT THE SAN DIEGO REGION, INCLUDING IN TIJUANA, B.C., MEXICO. THE OLD GLOBE ANNUALLY EMPLOYS MORE THAN 700 ARTISTS, ARTISANS, AND STAFF MEMBERS, ATTRACTING LEADING NATIONAL THEATRE ARTISTS TO SAN DIEGO AS WELL AS STRENGTHENING THE LOCAL THEATRE SCENE BY HIRING HIGH-CALIBER PROFESSIONALS. OUR ANNUAL ECONOMIC IMPACT FOR SAN DIEGO IS $40.9 MILLION.THE OLD GLOBE'S REACH RADIATES FAR BEYOND SAN DIEGO, WITH 27 PRODUCTIONS HAVING MOVED TO BROADWAY, INCLUDING A GENTLEMAN'S GUIDE TO LOVE AND MURDER, ALMOST FAMOUS, AND MOST RECENTLY, BOB FOSSE'S DANCIN'. ADDING TO THIS REMARKABLE LEGACY, THE HEART OF ROCK & ROLL OPENED AT THE JAMES EARL JONES THEATRE IN APRIL 2024 AND BECAME THE 27TH GLOBE PRODUCTION TO ACHIEVE THE DISTINCTION OF A BROADWAY DEBUT. OUR SOCIAL JUSTICE ROADMAP HAS BEEN HAILED AS AN EXEMPLAR FOR AMERICAN THEATRE, WITH MEASURABLE COMMITMENTS AND REPORTS ON OUR PROGRESS SHARED WITH OUR COMMUNITY.THE OLD GLOBE'S POWERS NEW WORKS FUND SUPPORTED THE NEW COMMISSIONS OF FOUR PLAYWRIGHTS, FUNDED THIRTEEN DEVELOPMENTAL WORKSHOPS, AND SUPPORTED THE 2024 POWERS NEW VOICES FESTIVAL. FIVE PLAYS SHOWCASED IN RECENT POWERS FESTIVALS, INCLUDING UNDER A BASEBALL SKY, AGE OF INNOCENCE, STIR, EXOTIC DEADLY, AND CRIME AND PUNISHMENT A COMEDY, HAVE RECEIVED THEIR WORLD PREMIERE BY THE END OF 2024. THE GLOBE'S ARTS ENGAGEMENT PROGRAMS ARE RECOGNIZED INTERNATIONALLY FOR THEIR INNOVATION, RESPONSIVENESS, AND ABILITY TO CONNECT WITH DIVERSE POPULATIONS. SINCE 2015, THE GLOBE HAS CULTIVATED DEEP RELATIONSHIPS WITH COMMUNITIES ACROSS SAN DIEGO COUNTY TO FOSTER CROSS-CULTURAL AND INTERGENERATIONAL SHARED EXPERIENCES CENTERED ON PARTICIPATORY THEATRE-MAKING. THROUGH 17 PROGRAMS CONDUCTED IN PARTNERSHIP WITH OVER 40 COMMUNITY ORGANIZATIONS, THE GLOBE ENGAGES WITH UNSHELTERED ADULTS, MILITARY SERVICE MEMBERS AND VETERANS, REFUGEE AND IMMIGRANT POPULATIONS, SENIOR CITIZENS, THE NEURODIVERSE COMMUNITY, INCARCERATED ADULTS, JUSTICE- INVOLVED YOUTH, AND TITLE I STUDENTS. THESE ORGANIZATIONS INCLUDE VETERANS VILLAGE, NAVAL BASE SAN DIEGO, FOURTH DISTRICT SENIOR RESOURCE CENTER, SOUTH BAY COMMUNITY SERVICES, LAS COLINAS DETENTION AND REENTRY FACILITY, CENTINELA AND DONOVAN STATE PRISONS, OCEANSIDE PUBLIC LIBRARY, AND MANY MORE. ONE OF OUR MOST POPULAR PROGRAMS IS GLOBE FOR ALL, AN ANNUAL TOURING SHAKESPEARE PRODUCTION THAT SERVES SAN DIEGO COMMUNITIES WITHOUT EASY ACCESS TO PROFESSIONAL THEATRE. IT BRINGS FREE PERFORMANCES, COMMUNITY MEALS, AND THEATRE WORKSHOPS TO 19 LOCAL SCHOOLS, CORRECTIONAL FACILITIES, AND COMMUNITY CENTERS ANNUALLY. FREE STUDENT MATINEES SERVED NEARLY 5,000 YOUNG PEOPLE AND THEIR TEACHERS, INTRODUCING THEM TO THEATRE - MANY FOR THE VERY FIRST TIME.OTHER PROGRAMS FOR YOUTH INCLUDE SCHOOL IN THE PARK, AN IMMERSIVE, MULTI-WEEK PROGRAM FOR ELEMENTARY AND MIDDLE SCHOOLS AT THE GLOBE, PAM FARR SUMMER SHAKESPEARE STUDIO FOR YOUNG ACTORS, THEATRE DESIGN STUDIO, WHICH INTRODUCES YOUNG PEOPLE TO CAREERS IN PRODUCTION, AND CREATIVE YOUTH STUDIO, WHICH GUIDES STUDENTS IN PERFORMANCE, TECHNICAL THEATRE, AND CAREER BUILDING. ALL TOGETHER, THESE PROGRAMS SERVED NEARLY 1,250 STUDENTS IN 2024.THE GLOBE DISTRIBUTED OVER 4,000 FREE TICKETS TO COMMUNITY ORGANIZATIONS, INCLUDING SBCS (FORMERLY SOUTH BAY COMMUNITY SERVICES), COMMUNITY YOUTH ATHLETICS CENTER IN NATIONAL CITY, ELDERHELP OF SAN DIEGO, AND THE USO.

Program 2
Expenses: $207,800 Revenue: $0

THE GLOBE IS COMMITTED TO TRAINING THE ARTISTS OF THE FUTURE. THE OLD GLOBE AND UNIVERSITY OF SAN DIEGO SHILEY GRADUATE THEATRE PROGRAM IS CONSISTENTLY RANKED IN THE TOP TEN INTERNATIONALLY FOR...

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THE GLOBE IS COMMITTED TO TRAINING THE ARTISTS OF THE FUTURE. THE OLD GLOBE AND UNIVERSITY OF SAN DIEGO SHILEY GRADUATE THEATRE PROGRAM IS CONSISTENTLY RANKED IN THE TOP TEN INTERNATIONALLY FOR GRADUATE THEATRE PROGRAMS. PROGRAMS FOR DIVERSE DIRECTORS, PLAYWRIGHTS, AND OTHER THEATRE ARTISTS HAVE HELPED TO LAUNCH OR EXPAND CAREERS OF THEATRE ARTISTS THROUGHOUT THE NATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,862,222
Program Service Revenue $15,111,736
Investment Income $1,919,669
Other Revenue $267,932
TOTAL REVENUE $33,161,559

Expense Breakdown

Grants Paid $871,061
Salaries & Benefits $21,501,013
Fundraising Expenses $2,890,352
Program Expenses $29,308,727
Other Expenses $14,091,436
TOTAL EXPENSES $36,986,491

Year-over-Year Comparison

2024 2023 Change
Revenue $33,161,559 $27,693,543 +0.2%
Expenses $36,986,491 $36,847,607 +0.0%
Net Income $-3,824,932 $-9,154,064 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
45
Independent Members
45
Employees
795
Volunteers
1632

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$1,987,704
Total Directors
46
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISON VALENTINE BOARD MEMBER 4.00
Director
$0 $0 $0
ANN DAVIES PAST CHAIR, EX-OFFICIO 6.00
Director
$0 $0 $0
CASSANDRA WEINLEIN BOARD MEMBER 4.00
Director
$0 $0 $0
CHRISTIAN BUCKLEY BOARD MEMBER, FINANCE CHAIR 8.00
Director
$0 $0 $0
CHRISTINE ROBERTS TRIMBLE BOARD MEMBER 4.00
Director
$0 $0 $0
DAPHNE H JAMESON BOARD MEMBER 4.00
Director
$0 $0 $0
DAVID JAY OHANIAN BOARD MEMBER 4.00
Director
$0 $0 $0
DEBRA TURNER BOARD MEMBER 4.00
Director
$0 $0 $0
DEIRDRA PRICE BOARD MEMBER 4.00
Director
$0 $0 $0
DIRK HARRIS BOARD MEMBER 4.00
Director
$0 $0 $0
DONALD L COHN PAST CHAIR, EX-OFFICIO 6.00
Director
$0 $0 $0
ELAINE BENNETT DARWIN BOARD MEMBER, PHILANTHROPY CHAIR 8.00
Director
$0 $0 $0
ELEANOR Y CHARLTON BOARD MEMBER 4.00
Director
$0 $0 $0
EVELYN OLSON LAMDEN IMMEDIATE PAST CHAIR 8.00
Director
$0 $0 $0
GEORGE S DAVIS BOARD MEMBER 4.00
Director
$0 $0 $0
HAROLD W FUSON JR PAST CHAIR, EX-OFFICIO 6.00
Director
$0 $0 $0
JEAN SHEKHTER BOARD MEMBER 4.00
Director
$0 $0 $0
JEFF HUGHES BOARD MEMBER 4.00
Director
$0 $0 $0
JENNIFER GREENFIELD BOARD MEMBER 4.00
Director
$0 $0 $0
JULES ARTHUR BOARD MEMBER 4.00
Director
$0 $0 $0
KAREN L SEDGWICK BOARD MEMBER, AUDIT CHAIR 8.00
Director
$0 $0 $0
KAREN TANZ BOARD MEMBER 4.00
Director
$0 $0 $0
KARIN WINNER BOARD MEMBER 4.00
Director
$0 $0 $0
KEVEN LIPPERT BOARD MEMBER 4.00
Director
$0 $0 $0
MARGARITA WILKINSON BOARD MEMBER 4.00
Director
$0 $0 $0
MARK DELFINO BOARD MEMBER 4.00
Director
$0 $0 $0
MONICA MEDINA BOARD MEMBER 4.00
Director
$0 $0 $0
NICOLE A CLAY BOARD MEMBER, NOMINATING CHAIR 8.00
Director
$0 $0 $0
NISHMA HELD BOARD MEMBER 4.00
Director
$0 $0 $0
NOELLE NORTON PHD BOARD MEMBER 4.00
Director
$0 $0 $0
PAMELA A FARR BOARD MEMBER, INVESTMENT CHAIR 8.00
Director
$0 $0 $0
PAMELA HAMILTON LESTER BOARD MEMBER 4.00
Director
$0 $0 $0
PAMELA J WAGNER BOARD MEMBER 4.00
Director
$0 $0 $0
PETER LANDIN BOARD MEMBER 4.00
Director
$0 $0 $0
RICH BRENNER BOARD MEMBER 4.00
Director
$0 $0 $0
SANDRA REDMAN BOARD MEMBER 4.00
Director
$0 $0 $0
SILVIJA DEVINE BOARD MEMBER (THRU 8/24) 4.00
Director
$0 $0 $0
SUE SANDERSON BOARD MEMBER 4.00
Director
$0 $0 $0
SUSAN HOEHN BOARD MEMBER 4.00
Director
$0 $0 $0
TERRY ATKINSON BOARD MEMBER 4.00
Director
$0 $0 $0
VALERIE ATTISHA BOARD MEMBER 4.00
Director
$0 $0 $0
VICKI L ZEIGER PAST CHAIR, EX-OFFICIO 6.00
Director
$0 $0 $0
VLADIMIR VLAD VICTORIO BOARD MEMBER 4.00
Director
$0 $0 $0
GEORGE C GUERRA BOARD CHAIR 15.00
Officer Director
$0 $0 $0
PAULA POWERS SECRETARY 8.00
Officer Director
$0 $0 $0
ANTHONY S THORNLEY TREASURER 8.00
Officer Director
$0 $0 $0
ALEX ORBOVICH GENERAL MANAGER 40.00
Officer
$145,824 $17,247 $163,071
BARRY EDELSTEIN ARTISTIC DIRECTOR 40.00
Officer
$520,531 $102,841 $623,372
DAVID HENSON DIRECTOR OF MARKETING 40.00
Officer
$207,058 $6,212 $213,270
MICHELLE YEAGER DIRECTOR OF FINANCE 40.00
Officer
$196,341 $15,733 $212,074
ROBERT DRAKE SENIOR PRODUCER 40.00
Officer
$166,412 $15,172 $181,584
TIM SHIELDS MANAGING DIRECTOR 40.00
Officer
$498,832 $95,501 $594,333
BENJAMIN THORON PRODUCTION MANAGER 40.00
Highest
$129,639 $18,166 $147,805
BRIDGET CANTU-WEAR DEPUTY DIRECTOR OF PHILANTHROPY 40.00
Highest
$119,013 $13,722 $132,735
DEAN M YAGER INFORMATION TECHNOLOGY DIRECTOR 40.00
Highest
$137,493 $14,709 $152,202
JAMILA Y DEMBY DIRECTOR OF EDIA 40.00
Highest
$121,348 $13,569 $134,917
SANDY PARDE DIRECTOR OF HR 40.00
Highest
$118,875 $4,676 $123,551
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $33,161,559 $36,986,491 $69,563,987 $-3,824,932
2023 $27,693,543 $36,847,607 $74,122,919 $-9,154,064
2022 $34,219,671 $39,263,557 $81,721,511 $-5,043,886
2021 $29,916,512 $23,529,312 $87,825,720 $6,387,200
2020 $16,473,770 $15,948,051 $79,168,056 $525,719
2019 $95,555,302 $60,848,667 $76,909,174 $34,706,635
2018 $25,942,144 $28,227,354 $43,244,548 $-2,285,210
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