CENTER THEATRE GROUP OF LOS ANGELES

EIN: 952466183 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$44,197,361
Total Expenses
$49,944,026
Total Assets
$78,310,189
Net Assets
$59,996,658
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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CA
Principal Officer
MEGHAN PRESSMAN
Phone
2139728032
Tax Period
2024-07-01 to 2025-06-30

CENTER THEATRE GROUP OF LOS ANGELES, founded in 1966, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $44.2M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $49.9M exceeded revenue, resulting in a 13% operating deficit.

Mission

WE BELIEVE THEATRE CREATES AN EXTRAORDINARY CONNECTION BETWEEN ARTISTS AND AUDIENCES THAT ONLY STARTS ON THE STAGE. THEATRE CREATES THE ENERGY THAT FEEDS A CITY, A CULTURE, AND A SOCIETY. THEATRE REFLECTS THE COMMUNITY IT SERVES. OUR MISSION IS TO SERVE THE DIVERSE AUDIENCES OF LOS ANGELES BY PRODUCING AND PRESENTING THEATRE OF THE HIGHEST CALIBER, BY NURTURING NEW ARTISTS, BY ATTRACTING NEW AUDIENCES, AND BY DEVELOPING YOUTH OUTREACH AND ARTS EDUCATION PROGRAMS. AT OUR THREE THEATRES, THE AHMANSON THEATRE, THE MARK TAPER FORUM, AND THE KIRK DOUGLAS THEATRE, WE INVITE AUDIENCES TO EXPERIENCE THE BROADEST RANGE OF THEATRICAL ENTERTAINMENT IN THE COUNTRY. WE PRODUCE AND PRESENT THE MOST CELEBRATED SHOWS STRAIGHT FROM BROADWAY, THOUGHT-PROVOKING AND LIVELY STORIES THAT HELP US UNDERSTAND OUR COMPLICATED WORLD, AND ADVENTUROUS NEW PLAYS FROM FRESH VOICES.

Program Service Accomplishments

Program 1
Expenses: $17,985,790 Revenue: $20,150,124

AHMANSON THEATRE: CLUE* (33 PERFORMANCES, 47,346 TOTAL ATTENDANCE); DUEL REALITY (12 PERFORMANCES, 9,203 TOTAL ATTENDANCE); ONCE UPON A MATTRESS (32 PERFORMANCES, 54,710 TOTAL ATTENDANCE); OLD...

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AHMANSON THEATRE: CLUE* (33 PERFORMANCES, 47,346 TOTAL ATTENDANCE); DUEL REALITY (12 PERFORMANCES, 9,203 TOTAL ATTENDANCE); ONCE UPON A MATTRESS (32 PERFORMANCES, 54,710 TOTAL ATTENDANCE); OLD FRIENDS (34 PERFORMANCES, 48,054 TOTAL ATTENDANCE); LIFE OF PI (31 PERFORMANCS, 38,724 TOTAL ATTENDANCE); PARADE* (16 PERFORMANCES, 17,421 TOTAL ATTENDANCE)*PRODUCTION CROSSES TWO FISCAL YEARS.

Program 2
Expenses: $8,621,885 Revenue: $6,370,847

MARK TAPER FORUM: AMERICAN IDIOT (53 PERFORMANCES, 31,011 TOTAL ATTENDANCE); FAKE IT UNTIL YOU MAKE IT (46 PERFORMANCES, 20,310 TOTAL ATTENDANCE); HAMLET (34 PERFORMANCES, 17,271 TOTAL ATTENDANCE)...

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MARK TAPER FORUM: AMERICAN IDIOT (53 PERFORMANCES, 31,011 TOTAL ATTENDANCE); FAKE IT UNTIL YOU MAKE IT (46 PERFORMANCES, 20,310 TOTAL ATTENDANCE); HAMLET (34 PERFORMANCES, 17,271 TOTAL ATTENDANCE); MUSE/IQUE (6 PERFORMANCES, 2,814 TOTAL ATTENDANCE)

Program 3
Expenses: $678,937 Revenue: $1,341,736

KIRK DOUGLAS THEATRE: CAT KID COMIC CLUB (51 PERFORMANCES, 11,614 TOTAL ATTENDANCE); EL OTRO OZ (12 PERFORMANCES, 2,231 TOTAL ATTENDANCE)

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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 $15,176,027
Program Service Revenue $27,862,707
Investment Income $1,272,607
Other Revenue $-113,980
TOTAL REVENUE $44,197,361

Expense Breakdown

Grants Paid $71,750
Salaries & Benefits $25,884,846
Fundraising Expenses $3,068,008
Program Expenses $41,212,324
Other Expenses $23,987,430
TOTAL EXPENSES $49,944,026

Year-over-Year Comparison

2024 2023 Change
Revenue $44,197,361 $51,815,761 -0.1%
Expenses $49,944,026 $49,287,411 +0.0%
Net Income $-5,746,665 $2,528,350 -3.3%
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
53
Independent Members
51
Employees
779
Volunteers
51

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
12
$1,419,691
Total Directors
53
$1,117,604
Key Employees
1
$321,618
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY FORBES PRESIDENT 4.00
Officer Director
$0 $0 $0
WILLIAM AHMANSON CHAIRPERSON 4.00
Officer Director
$0 $0 $0
WILLIAM LINDSAY EXECUTIVE VICE PRESIDENT/TREASURER 2.00
Officer Director
$0 $0 $0
MILES BENICKES VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GAIL BERMAN-MASTERS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JANA BEZDEK VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MATT WALDEN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CECILIA ESTOLANO SECRETARY 2.00
Officer Director
$0 $0 $0
NOAH FRANCIS ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
HARRY ABRAMS DIRECTOR 1.00
Director
$0 $0 $0
NNAMDI ASOMUGHA DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN AXEL DIRECTOR 1.00
Director
$0 $0 $0
BETSY BORNS DIRECTOR 1.00
Director
$0 $0 $0
DIANA BUCKHANTZ DIRECTOR 1.00
Director
$0 $0 $0
DANNIELLE CAMPOS RAMIREZ DIRECTOR 1.00
Director
$0 $0 $0
WENDY CHANG DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN CHEUNG DIRECTOR 1.00
Director
$0 $0 $0
JILL CHOZEN DIRECTOR 1.00
Director
$0 $0 $0
SARAH CLOSSEY DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE CRONIN-HURST DIRECTOR 1.00
Director
$0 $0 $0
NANCY DENNIS DIRECTOR 1.00
Director
$0 $0 $0
SNEHAL DESAI ARTISTIC DIRECTOR 45.00
Officer Director
$500,300 $23,877 $524,177
GARY FRISCHLING DIRECTOR 1.00
Director
$0 $0 $0
RON GILLYARD DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA GLASER DIRECTOR 1.00
Director
$0 $0 $0
MANUELA CERRI GOREN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GREENBLATT DIRECTOR 1.00
Director
$0 $0 $0
JASON GRODE DIRECTOR 1.00
Director
$0 $0 $0
ALIZA KARNEY GUREN DIRECTOR 1.00
Director
$0 $0 $0
STANLEY IEZMAN DIRECTOR 1.00
Director
$0 $0 $0
PAUL JAMES DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER LEWIS DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN MIKITA DIRECTOR 1.00
Director
$0 $0 $0
RICK MIRAMONTEZ DIRECTOR 1.00
Director
$0 $0 $0
LOUISE MORIARTY DIRECTOR 1.00
Director
$0 $0 $0
KARI NAKAMA DIRECTOR 1.00
Director
$0 $0 $0
JEANNE NEWMAN DIRECTOR 1.00
Director
$0 $0 $0
JAMIE PATRICOF DIRECTOR 1.00
Director
$0 $0 $0
MEGHAN PRESSMAN CEO/MANAGING DIRECTOR 45.00
Officer Director
$543,878 $49,549 $593,427
KRISTINE LOUIS REYNAL DIRECTOR 1.00
Director
$0 $0 $0
EDWARD RING DIRECTOR 1.00
Director
$0 $0 $0
LAURA ROSENWALD DIRECTOR 1.00
Director
$0 $0 $0
SCOTT SANDLER DIRECTOR 1.00
Director
$0 $0 $0
ELLIOTT SERNEL DIRECTOR 1.00
Director
$0 $0 $0
GLENN A SONNENBERG DIRECTOR 1.00
Director
$0 $0 $0
JAY P SRINIVASAN DIRECTOR 1.00
Director
$0 $0 $0
SANDRA STERN DIRECTOR 1.00
Director
$0 $0 $0
MARSHA TAUBER SALLAI DIRECTOR 1.00
Director
$0 $0 $0
BONNIE VITTI DIRECTOR 1.00
Director
$0 $0 $0
KIM MCLANE WARDLAW DIRECTOR 1.00
Director
$0 $0 $0
SHANA C WATERMAN DIRECTOR 1.00
Director
$0 $0 $0
RICHARD WEITZ DIRECTOR 1.00
Director
$0 $0 $0
HATTIE WINSTON DIRECTOR 1.00
Director
$0 $0 $0
CHERYL SHEPHERD CHIEF FINANCIAL OFFICER 45.00
Officer
$293,288 $8,799 $302,087
DOUGLAS BAKER PRODUCTING DIRECTOR 45.00
Key Emp
$296,863 $24,755 $321,618
SARAH E SULLIVAN DIRECTOR OF INSTITUATIONAL ADVANCEMENT 45.00
Highest
$268,969 $8,469 $277,438
CAMILLE SCHENKKAN DEPUTY MANAGING DIRECTOR 45.00
Highest
$167,500 $5,425 $172,925
JODY HORWITZ DIRECTOR OF HUMAN RESOURCES 45.00
Highest
$167,200 $877 $168,077
JOSEPH PHILIP HAMLIN DIRECTOR OF PRODUCTION 45.00
Highest
$165,864 $5,853 $171,717
LINDSAY H ALLBAUGH ASSOCIATE ARTISTIC DIRECTOR 45.00
Highest
$163,767 $5,313 $169,080
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
2025 $44,197,361 $49,944,026 $78,310,189 $-5,746,665
2024 $51,815,761 $49,287,411 $80,404,463 $2,528,350
2023 $45,644,641 $58,196,909 $80,661,010 $-12,552,268
2022 $42,909,822 $41,460,156 $84,048,612 $1,449,666
2021 $15,777,431 $14,329,364 $93,308,392 $1,448,067
2020 $46,045,704 $47,687,265 $83,231,550 $-1,641,561
2019 $64,273,512 $62,180,964 $85,129,363 $2,092,548
2018 $45,128,729 $52,168,792 $90,047,460 $-7,040,063
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