WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS

EIN: 954467830 501(c)(3) Arts, Culture & Humanities

BEVERLY HILLS, CA

Total Revenue
$13,096,914
Total Expenses
$14,874,320
Total Assets
$61,414,852
Net Assets
$55,747,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CA
Principal Officer
MARK LOUCHHEIM
Phone
3102463800
Tax Period
2024-09-01 to 2025-08-31

WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS, founded in 1994, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $13.1M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $14.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

DEEPLY ROOTED IN OUR LOCAL BEVERLY HILLS COMMUNITY AND INFLUENCED BY CULTURAL CHANGE, THE WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS, A PUBLIC-PRIVATE PARTNERSHIP WITH THE CITY OF BEVERLY HILLS, STRIVES TO BE A SITE FOR THE CONVERGENCE OF RELEVANT, DYNAMIC PERFORMING ARTS, EDUCATION AND CIVIC LIFE, STRENGTHENING OUR LOCAL AND GLOBAL COMMUNITY IN OUR ROLE AS A PRESENTER, PRODUCER, EDUCATOR AND COMMUNITY RESOURCE. TRANSFORMATIVE ARTISTIC PROGRAMMING COMBINED WITH GROW @ THE WALLIS ARTS-EDUCATION INITIATIVES HAVE EMPOWERED THE WALLIS TO SPEND THE LAST DECADE SERVING PEOPLE OF ALL AGES, BACKGROUNDS, AND ABILITIES AS IT ASPIRES TO DELIVER ON ITS AMBITIOUS MISSION. IN A TYPICAL YEAR, THE WALLIS SERVES MORE THAN 70,000 TICKET BUYERS, AND UP TO 10,000 COMMUNITY MEMBERS OF ALL AGES WHO PARTICIPATE IN OUR EDUCATION PROGRAMS, OUTREACH, FREE PROGRAMS, AND COMMUNITY EVENTS. THE WALLIS ANNENBERG CENTER FOR THE PERFORMING ARTS IS THE PROUD STEWARD OF A HISTORIC LANDMARK BUILDING. THE CAMPUS ADJOINS THE ORIGINAL 1933 BEVERLY HILLS POST OFFICE WITH THE NEW 500-SEAT BRAM GOLDSMITH THEATER. THE ORIGINAL POST OFFICE HAS BEEN REPURPOSED AS ADMINISTRATIVE OFFICES, THE 150-SEAT LOVELACE STUDIO THEATER, AND OUR GROW @ THE WALLIS EDUCATION WING, FEATURING FULLY ACCESSIBLE REHEARSAL SPACE AND MULTI-USE CLASSROOMS. THE CAMPUS IS A 70,000 SQUARE-FOOT SPACE, OPEN TO THE PUBLIC DAILY.

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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 $8,969,375
Program Service Revenue $3,126,524
Investment Income $602,314
Other Revenue $398,701
TOTAL REVENUE $13,096,914

Expense Breakdown

Grants Paid $1,405,651
Salaries & Benefits $5,459,322
Fundraising Expenses $1,159,964
Program Expenses $12,247,963
Other Expenses $8,009,347
TOTAL EXPENSES $14,874,320

Year-over-Year Comparison

2024 2023 Change
Revenue $13,096,914 $8,843,507 +0.5%
Expenses $14,874,320 $10,317,162 +0.4%
Net Income $-1,777,406 $-1,473,655 +0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
33
Independent Members
33
Employees
250
Volunteers
35

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
10
$515,207
Total Directors
35
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AGNES LEW BOARD MEMBER 0.50
Director
$0 $0 $0
AHSAN AIJAZ BOARD MEMBER 0.50
Director
$0 $0 $0
ARLINE PEPP BOARD MEMBER 0.50
Director
$0 $0 $0
ARNOLD ROSENSTEIN EXECUTIVE VICE CHAIR & ASSIS TREASUR 1.00
Officer Director
$0 $0 $0
ARNON ADAR BOARD MEMBER 0.50
Director
$0 $0 $0
BRUCE GOLDSMITH BOARD MEMBER 0.50
Director
$0 $0 $0
CARLO BRANDON-GORDON BOARD MEMBER (FROM 4/25) 0.50
Director
$0 $0 $0
CHAD HUMMEL BOARD MEMBER (TERM 4/25) 0.50
Director
$0 $0 $0
CINNY KENNARD BOARD MEMBER 0.50
Director
$0 $0 $0
DAPHNA NAZARIAN CHAIR, BOARD MEMBER 3.00
Officer Director
$0 $0 $0
DEBBIE ALLEN BOARD MEMBER 0.50
Director
$0 $0 $0
DONALD P KIVOWITZ BOARD MEMBER 0.50
Director
$0 $0 $0
GRANT WITHERS BOARD MEMBER 1.00
Director
$0 $0 $0
GREGORY ANNENBERG WEINGARTEN BOARD MEMBER 0.50
Director
$0 $0 $0
GRETCHEN PACE BOARD MEMBER 0.50
Director
$0 $0 $0
HALLE HAMMOND BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN BENDHEIM BOARD MEMBER 0.50
Director
$0 $0 $0
JONATHAN VICTOR ASSISTANT TREASURER 3.00
Officer Director
$0 $0 $0
LAURA GORDON BOARD MEMBER 0.50
Director
$0 $0 $0
LINDA MAY BOARD MEMBER 0.50
Director
$0 $0 $0
MARK LOUCHHEIM TREASURER 3.00
Officer Director
$0 $0 $0
MERALEE GOLDMAN BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL NEMEROFF EXECUTIVE COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
MIKA LIU BOARD MEMBER (FROM 4/25) 0.50
Director
$0 $0 $0
PAMELA BECK BOARD MEMBER 0.50
Director
$0 $0 $0
RICHARD S ZIMAN BOARD MEMBER 0.50
Director
$0 $0 $0
RON SIMMS BOARD MEMBER 0.50
Director
$0 $0 $0
RONALD ROSEN VICE-CHAIR, OPERATIONS, SECRETARY 3.00
Officer Director
$0 $0 $0
SANDRA BARROS LOWY BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHANIE VAHN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN STRAUSS VICE-CHAIR, PLANNING & ASST SECRET. 1.00
Officer Director
$0 $0 $0
SUSANNA COURIER BOARD MEMBER 0.50
Director
$0 $0 $0
THOMAS J BLUMENTHAL BOARD MEMBER 0.50
Director
$0 $0 $0
VICKI REYNOLDS VICE-CHAIR, DEVELOPMENT 1.00
Officer Director
$0 $0 $0
WALLIS ANNENBERG BOARD MEMBER (TERM 7/2025) 0.50
Director
$0 $0 $0
LYNNE BOLEN CHIEF FINANCIAL OFFICER 40.00
Officer
$171,692 $925 $172,617
ROBERT VAN LEER EXECUTIVE DIRECTOR & CEO 40.00
Officer
$323,397 $19,193 $342,590
CHRISTINE WEIL DIRECTOR OF DEVELOPMENT 40.00
Highest
$138,135 $23,660 $161,795
COY MIDDLEBROOK DIRECTOR OF PROGRAMMING 40.00
Highest
$146,561 $13,093 $159,654
SAMANTHA ELSE DIRECTOR OF PRODUCTION 40.00
Highest
$126,168 $7,146 $133,314
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 $13,096,914 $14,874,320 $61,414,852 $-1,777,406
2024 $8,843,507 $10,317,162 $86,135,396 $-1,473,655
2023 $9,581,007 $10,269,974 $86,265,501 $-688,967
2022 $12,657,698 $9,915,126 $89,032,236 $2,742,572
2021 $10,256,946 $7,936,827 $86,738,826 $2,320,119
2020 $9,540,743 $10,885,161 $79,446,944 $-1,344,418
2019 $10,413,630 $11,695,393 $79,027,799 $-1,281,763
2018 $8,885,970 $13,134,002 $78,376,407 $-4,248,032
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