Guthrie Theatre Foundation is located in Minneapolis, MN. The organization was established in 1962. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Guthrie Theatre Foundation employed 724 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guthrie Theatre Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Guthrie Theatre Foundation generated $37.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $36.1m during the year ending 08/2023. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GUTHRIE THEATER, FOUNDED IN 1963, IS AN AMERICAN CENTER FOR THEATRE PERFORMANCE, PRODUCTION, EDUCATION, AND PROFESSIONAL TRAINING.
Describe the Organization's Program Activity:
THEATER PERFORMANCES: THE 2022-2023 SEASON WAS THE GUTHRIE'S FIRST FULL SEASON SINCE THE PANDEMIC SHUTDOWN IN 2020 AND THE THEATER'S MILESTONE 60TH SEASON. WE BROUGHT TEN MAINSTAGE PRODUCTIONS TO LIFE AND SERVED OVER 300,000 PATRONS THROUGH OUR TRADEMARK MIX OF CLASSIC AND CONTEMPORARY PLAYS, INCLUDING A STUNNING ANNIVERSARY PRODUCTION OF HAMLET, WHICH OPENED THE THEATER IN 1963. WE OFFERED A ROBUST LINEUP THAT INCLUDED LITERARY ADAPTATIONS OF BELOVED CLASSICS THAT INCLUDED MURDER ON THE ORIENT EXPRESS AND THE LITTLE PRINCE, WORLD PREMIERES INCLUDING SUZAN-LORI PARKS' GROUNDBREAKING SALLY AND TOM, GUTHRIE-COMMISSIONED NEW WORKS WITH KAREN ZACARIAS' ADAPTATION OF THE CLASSIC WESTERN SHANE AND SONDHEIM'S BELOVED MUSICAL INTO THE WOODS. AS ALWAYS, OUR SEASONAL CLASSIC A CHRISTMAS CAROL DELIGHTED AUDIENCES OLD AND NEW AND OUR SEASON WAS ROUNDED OUT BY PEARL CLEGE'S BOLD CHARACTER DRAMA BLUES FOR AN ALABAMA SKY, LIZ DUFFY ADAMS' QUICK-WITTED BORN WITH TEETH, AND QUI NGUYEN'S LOVE AND WAR COMEDY VIETGONE.THROUGHOUT THE SEASON, THE COMMUNITY ENGAGEMENT TEAM CONTINUED TO BUILD VITAL RELATIONSHIPS WITH LOCAL PARTNERS INSPIRED BY THE THEMES OF THE SHOWS ONSTAGE AND BEYOND, WHILE THE NATIVE ADVISORY COUNCIL, A GROUP OF SEVEN MINNESOTA-BASED NATIVE ARTISTS, CONTINUED TO MEET MONTHLY AND ADVISE THE GUTHRIE ON A VARIETY OF PROJECTS AND INITIATIVES AS WE WORK TO BE IN BETTER RELATIONSHIP WITH THE PEOPLE WHOSE LAND WE ARE ALL ON. WE CONTINUED OUR WORK IN DIVERSITY, EQUITY, INCLUSION AND ACCESSIBILITY (DEIA) THROUGH OUR PUBLIC SPACE INCLUSION PROJECT, COMMUNITY SOCIALS, OUR ANTI-RACISM COMMITMENTS AND WORK PLAN AND THROUGH OUR CODE OF CONDUCT AND OFFERED SIX RELAXED PERFORMANCES ACROSS OUR SEASON TO WELCOME THOSE WITH SENSORY AND VESTIBULAR SENSITIVITIES ALONG WITH MANY OTHERS WHO MIGHT BENEFIT FROM A MORE RELAXED THEATERGOING ENVIRONMENT.
EDUCATION AND PROFESSIONAL TRAINING: THE GUTHRIE WELCOMED OVER 20,000 STUDENTS TO PERFORMANCES OF VIETGONE, SALLY & TOM, A CHRISTMAS CAROL, THE LITTLE PRINCE, BLUES FOR AN ALABAMA SKY AND HAMLET. EACH MATINEE INCLUDED A PRE-SHOW EXPERIENCE HOSTED BY THE EDUCATION TEAM THAT PULLED BACK THE CURTAIN TO REVEAL THE MAGIC OF THEATER. OUR DIGITAL PLAY GUIDES FOR GUTHRIE PRODUCTIONS WITH STUDENT MATINEES PROVIDED DISCUSSION QUESTIONS AND CLASSROOM ACTIVITIES TO SUPPORT EDUCATORS IN EXPLORING THE THEMES OF OUR PLAYS AND ENGAGING THEIR STUDENTS IN SELF-REFLECTIVE AND COMMUNITY-BUILDING ACTIVITIES. WE FILMED A PERFORMANCE OF OUR 60TH-ANNIVERSARY PRODUCTION OF SHAKESPEARE'S HAMLET ON APRIL 29, 2023, AND SHARED IT WITH MINNESOTA EDUCATORS FOR FREE TO BE USED DURING THE 2024-2025 SCHOOL YEAR. APPROXIMATELY 400 STUDENTS AND THEIR FAMILIES ATTENDED THE HAMLET SHAKESPEARE CLASSIC ON MAY 20, 2023. WE AUDITIONED AND WELCOMED A COHORT OF 10 M.F.A. ACTORS FROM GRADUATE PROGRAMS ACROSS THE COUNTRY TO PARTICIPATE IN A SEVEN-WEEK TRAINING INTENSIVE WITH INDUSTRY PROFESSIONALS AT THE GUTHRIE. THE GEX 2023 PROGRAM CULMINATED IN A WORKSHOP AND READING FOR INVITED AUDIENCES IN THE DOWLING STUDIO. IN MARCH 2023, WE JOINED THE UNIVERSITY OF MINNESOTA TO ANNOUNCE THAT WE WOULD NO LONGER BE AN EXCLUSIVE PARTNERSHIP. GOING FORWARD, THE UNIVERSITY WILL OPEN THEIR B.F.A. ACTOR TRAINING PROGRAM TO OPPORTUNITIES OFFERED BY OTHER ARTISTIC ORGANIZATIONS, AND THE GUTHRIE WILL EXTEND ACTOR TRAINING TO OTHER COLLEGES AND UNIVERSITIES. THIS PROGRAM HAS TRANSITIONED TO GUTHRIE STUDIOS ADVANCED TRAINING FOR ACTORS LED BY INDUSTRY PROFESSIONALS THAT IS OFFERED WEEKLY FOR STUDENTS ENROLLED IN THE UNIVERSITY OF MINNESOTA B.F.A. ACTOR TRAINING PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Haj Director | OfficerTrustee | 40 | $478,870 |
James Haskins Managing Director | Officer | 40 | $241,707 |
Mollie Alexander Hogan Director Of Development | 40 | $202,198 | |
Trisha Kirk - Director Of Marketing & Communications | 40 | $178,479 | |
Janet Balej Director Of Finance | 40 | $122,846 | |
Kyle Fitzwater Director Of Hr | 40 | $100,089 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Keene Consulting Llc Interior Design Consulting | 8/30/23 | $166,176 |
Stinson Llp Legal | 8/30/23 | $130,490 |
Blueprint Advancement Llc Fundraising Services | 8/30/23 | $123,911 |
Team Dynamics Llc Edi Consulting/training | 8/30/23 | $118,421 |
Northlands Consulting Llc Food Service Consulting | 8/30/23 | $110,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $656,879 |
Related organizations | $0 |
Government grants | $1,393,209 |
All other contributions, gifts, grants, and similar amounts not included above | $18,721,433 |
Noncash contributions included in lines 1a–1f | $265,889 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,771,521 |
Total Program Service Revenue | $13,364,772 |
Investment income | $1,116,495 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $13,827 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,182,758 |
Net Income from Fundraising Events | -$255,415 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $11,502 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,377,343 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $41,220 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $967,198 |
Compensation of current officers, directors, key employees. | $320,987 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,275,967 |
Pension plan accruals and contributions | $304,873 |
Other employee benefits | $1,420,721 |
Payroll taxes | $1,179,567 |
Fees for services: Management | $0 |
Fees for services: Legal | $350,005 |
Fees for services: Accounting | $84,449 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $122,992 |
Fees for services: Investment Management | $216,664 |
Fees for services: Other | $3,699,748 |
Advertising and promotion | $1,840,298 |
Office expenses | $743,946 |
Information technology | $176,208 |
Royalties | $704,543 |
Occupancy | $2,057,267 |
Travel | $382,862 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $191,023 |
Interest | $212,688 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,306,301 |
Insurance | $300,660 |
All other expenses | $352,687 |
Total functional expenses | $36,103,936 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,233,740 |
Savings and temporary cash investments | $152,113 |
Pledges and grants receivable | $5,178,838 |
Accounts receivable, net | $1,220,142 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $122,988 |
Prepaid expenses and deferred charges | $1,555,866 |
Net Land, buildings, and equipment | $74,152,708 |
Investments—publicly traded securities | $44,867,518 |
Investments—other securities | $18,932,800 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $500,764 |
Total assets | $152,917,477 |
Accounts payable and accrued expenses | $2,206,594 |
Grants payable | $0 |
Deferred revenue | $5,106,953 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,173,667 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $506,453 |
Total liabilities | $8,993,667 |
Net assets without donor restrictions | $71,907,248 |
Net assets with donor restrictions | $72,016,562 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $152,917,477 |