LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, founded in 1961, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $66.6M in total revenue in fiscal year 2023.
IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY CULTURAL INSTITUTIONS, ART OBJECTS PURCHASED BY OR DONATED TO TMC ARE NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. TMC'S COLLECTION CONSISTS OF ART OBJECTS THAT ARE ON EXHIBITION. EACH OF THE ITEMS IS CATALOGUED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. PURCHASED COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. ITEMS IN THE COLLECTION INCLUDE: PAINTINGS, PRINTS, SCULPTURES, FURNITURE, MUSICAL ITEMS, AND TEXTILES.
CENTER OPERATIONS: THE MUSIC CENTER ("TMC") MAINTAINS AND OPERATES THE FACILITIES ON BEHALF OF LOS ANGELES COUNTY. THE FACILITIES INCLUDE: WALT DISNEY CONCERT HALL, DOROTHY CHANDLER PAVILION...
CENTER OPERATIONS: THE MUSIC CENTER ("TMC") MAINTAINS AND OPERATES THE FACILITIES ON BEHALF OF LOS ANGELES COUNTY. THE FACILITIES INCLUDE: WALT DISNEY CONCERT HALL, DOROTHY CHANDLER PAVILION, AHMANSON THEATRE, MARK TAPER FORUM, JERRY MOSS PLAZA, AND GLORIA MOLINA GRAND PARK ("PARK"). TMC IS HOME TO FOUR RENOWNED RESIDENT COMPANIES: CENTER THEATRE GROUP, LOS ANGELES MASTER CHORALE, LOS ANGELES OPERA COMPANY, AND LOS ANGELES PHILHARMONIC ASSOCIATION. TMC PROVIDES FACILITY MAINTENANCE, SECURITY, GUEST SERVICES, PRODUCTION, AND SCHEDULING AND EVENTS MANAGEMENT. IN THE CURRENT FISCAL YEAR, NEARLY 750,000 GUESTS ATTENDED OVER 580 TICKETED PERFORMANCES IN THE CENTER'S VENUES.TMC ALSO MANAGES AND OPERATES LOS ANGELES COUNTY'S 12-ACRE GLORIA MOLINA GRAND PARK. THE PARK FEATURES MULTIUSE LAWNS, STAGES, AND OPEN SPACES AVAILABLE FOR BOTH LEISURE AND CIVIC GATHERINGS. THE PARK TYPICALLY HAS MORE THAN 1 MILLION GUESTS VISIT ANNUALLY TO ENJOY ITS MANY AMMENITIES. THE PARK HAS BECOME THE CENTRAL GATHERING PLACE IN LOS ANGELES FOR MAJOR HOLIDAY CELEBRATIONS INCLUDING JULY 4TH AND NEW YEAR'S EVE
TMC ARTS:TMC HAS DEVELOPED A RAPIDLY GROWING ARTISTIC ROLE IN LOS ANGELES COUNTY. ALL TMC ARTS' PROGRAMS ARE DEVELOPED THROUGH THE LENS OF ENGAGEMENT AND WITH A FOCUS ON CREATING PROGRAMS THAT...
TMC ARTS:TMC HAS DEVELOPED A RAPIDLY GROWING ARTISTIC ROLE IN LOS ANGELES COUNTY. ALL TMC ARTS' PROGRAMS ARE DEVELOPED THROUGH THE LENS OF ENGAGEMENT AND WITH A FOCUS ON CREATING PROGRAMS THAT RESPOND TO AND ARE REFLECTIVE OF THE DIVERSE POPULATIONS THAT COMPRISE LOS ANGELES COUNTY. THIS APPROACH APPLIES TO THE RANGE OF TMC ARTS PROGRAMS, WHETHER A TICKETED PRESENTATION OF A DANCE COMPANY IN TMC'S THEATRES FOR ITS "GLORYA KAUFMAN PRESENTS DANCE AT THE MUSIC CENTER" SERIES, OR A FREE AND/OR LOWCOST PARTICIPATORY PROGRAM IN THE JERRY MOSS PLAZA, SUCH AS TMC'S "DANCE DTLA." MANY OF THE EVENTS PRODUCED BY TMC ARTS IN GLORIA MOLINA GRAND PARK ARE CURATED IN CONJUNCTION WITH THE PARK'S NUMEROUS COMMUNITY PARTNERS. TMC INITIATED A NEW DIGITAL INITIATIVE FOCUSED ON IMMERSIVE TECHNOLOGY. TMC ALSO MANAGES ITS HIGHLY RESPECTED ARTS LEARNING PROGRAMS, WHICH TYPICALLY REACH 150,000 STUDENTS AND FAMILIES ANNUALLY AND IS THE LARGEST ARTS EDUCATION PROGRAM IN LOS ANGELES.
CAPITAL IMPROVEMENTS:UNDER THE TERMS OF THE OPERATING AGREEMENT WITH THE COUNTY OF LOS ANGELES, TMC TRANSFERS TITLE OF LEASEHOLD AND OTHER CAPITAL IMPROVEMENTS TO THE COUNTY OF LOS ANGELES UPON...
CAPITAL IMPROVEMENTS:UNDER THE TERMS OF THE OPERATING AGREEMENT WITH THE COUNTY OF LOS ANGELES, TMC TRANSFERS TITLE OF LEASEHOLD AND OTHER CAPITAL IMPROVEMENTS TO THE COUNTY OF LOS ANGELES UPON PURCHASE. AS SUCH, TMC EXPENSES THESE PURCHASES AS THEY ARE INCURRED. CAPITAL IMPROVEMENT EXPENSES ALSO INCLUDE DEBT SERVICE RELATED TO BONDS PAYABLE FOR THE 2007 MARK TAPER FORUM RENOVATION, AMORTIZATION OF FOOD AND BEVERAGE CONTRACT ACQUISITION COSTS, AND VARIOUS CAPITAL IMPROVEMENTS ACROSS THE TMC CAMPUS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $66,626,970 | $65,310,857 | +0.0% |
| Expenses | $72,325,082 | $76,979,540 | -0.1% |
| Net Income | $-5,698,112 | $-11,668,683 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHEL S MOORE | PRESIDENT AND CEO | 35.00 |
Officer
Director
|
$981,357 | $76,462 | $1,057,819 |
| CINDY MISCIKOWSKI | CHAIR, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT J ABERNETHY | CO VICE CHAIR, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARRELL R BROWN | CO VICE CHAIR, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DIANE G MEDINA | SECRETARY, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN M WEGLEITNER | TREASURER, DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLES F ADAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM H AHMANSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL C BALDAUF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN E BAUMGARTEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHOEBE BEASLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS L BECKMEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIN BURR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DANNIELLE CAMPOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH KHURI CHANDLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY R FORBES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG T GEYER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOAN E HERMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY M HILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN B HODGE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY ANN HUNT-JACOBSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARL JORDAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD B KENDALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRI M KOHL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LILY LEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARY J LEFTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH R LEONARD JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID B LIPPMAN | DIRECTOR (THRU 3/14/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| KELSEY N MARTIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN M MATT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH MICHELSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRELL D MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TERESITA NOTKIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL J PAGANO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA M PATTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN KAY PLATT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH J RICE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA ROMAIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEVERLY P RYDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA S SALINAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CORINNE JESSIE SANCHEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIMI SONG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW J SPENCE | DIRECTOR (THRU 7/14/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHNESE SPISSO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL STOCKTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILIP A SWAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY S WAHL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER M WALSKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY S WINTROB | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM TAYLOR | SR. VP FIN/CFO & ASST. TREAS. | 35.00 |
Officer
|
$288,545 | $25,054 | $313,599 |
| HOWARD SHERMAN | EXECUTIVE VP, COO | 35.00 |
Key Emp
|
$391,666 | $97,857 | $489,523 |
| MARY J RAMIREZ | EXECUTIVE VP OF TMC ARTS | 35.00 |
Key Emp
|
$272,138 | $44,767 | $316,905 |
| VALENTINE GELMAN | SR. VP DEVELOPMENT | 35.00 |
Key Emp
|
$222,325 | $33,269 | $255,594 |
| KEITH MCTAGUE | DIR. BUILDING SERVICES | 44.00 |
Key Emp
|
$209,550 | $38,728 | $248,278 |
| BONNIE GOODMAN | SR. VP MARKETING | 35.00 |
Highest
|
$294,281 | $24,758 | $319,039 |
| SHELBY BOAGNI | SR. VP OF PEOPLE & CULTURE | 35.00 |
Highest
|
$266,064 | $13,815 | $279,879 |
| RYAN LEBETSAMER | STAGE HEAD | 35.00 |
Highest
|
$201,082 | $61,366 | $262,448 |
| CHERYL BROWN | VP ADVANCEMENT | 35.00 |
Highest
|
$205,266 | $35,686 | $240,952 |
| JULIA DIAMOND | VP TMC ARTS | 35.00 |
Highest
|
$183,825 | $22,530 | $206,355 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $66,626,970 | $72,325,082 | $136,607,580 | $-5,698,112 |
| 2023 | $65,310,857 | $76,979,540 | $137,002,915 | $-11,668,683 |
| 2022 | $72,330,589 | $61,528,583 | $148,384,472 | $10,802,006 |
| 2021 | $76,131,684 | $43,759,707 | $146,527,407 | $32,371,977 |
| 2020 | $66,220,841 | $57,302,010 | $96,704,351 | $8,918,831 |
| 2019 | $85,040,424 | $89,993,056 | $98,473,999 | $-4,952,632 |
| 2018 | $66,909,149 | $70,185,276 | $95,033,462 | $-3,276,127 |
Compare PERFORMING ARTS CENTER OF LOS ANGELES COUNTY with other nonprofits in California and across the country.