Guthrie Theatre Foundation

Organization Overview

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 08/2021, Guthrie Theatre Foundation employed 414 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 08/2020, Guthrie Theatre Foundation generated $18.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $25.9m during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

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:

Part 3 - Line 4a

THEATER PERFORMANCES: DUE TO THE COVID-19 PANDEMIC AND RESTRICTIONS ON IN-PERSON GATHERINGS, THE GUTHRIE DID NOT OFFER ANY LIVE PROGRAMMING ON ITS STAGES IN THE 2020-2021 SEASON. INSTEAD, WE WORKED TO PROVIDE ONLINE CONTENT AS ABLE, INCLUDING A COLLABORATION WITH FILMMAKER E.G. BAILEY TO CREATE DICKENS HOLIDAY CLASSIC, A VIRTUAL TELLING OF A CHRISTMAS CAROL, TO HELP KEEP OUR ANNUAL HOLIDAY TRADITION ALIVE. FOUR SEASONED ACTORS PERFORMED CHARLES DICKENS' OWN TEXT UNDER STRICT COVID-19 PROTOCOLS IN ORDER TO BRING THE TEXT ALIVE IN A FILM VERSION THAT REACHED AUDIENCES IN ALL 50 STATES AND 15 COUNTRIES, INCLUDING AN ESTIMATED 15,000 HOUSEHOLDS AND 150,000 STUDENTS. WE ALSO PARTNERED WITH COLLEAGUES FROM FOUR REGIONAL THEATERS TO CO-PRODUCE THE WORLD PREMIERE OF AMIR NIZAR ZUABI'S THIS IS WHO I AM. PURPOSE-BUILT FOR A ZOOM ENVIRONMENT, THE SHOW WAS PERFORMED LIVE FOR EACH PERFORMANCE. ZUABI'S PLAY ABOUT AN ESTRANGED FATHER AND SON COOKING A MEAL TOGETHER IN REAL TIME IN TWO DIFFERENT KITCHENS, ONE IN NEW YORK CITY AND ONE IN PALESTINE, INVITED A COLLABORATION ACROSS CONTINENTS THAT DEMONSTRATED HOW INNOVATIVE THEATER CAN BE WHEN CREATIVE PRODUCERS AND ARTISTS COME TOGETHER. BEGINNING IN OCTOBER 2020, THE GUTHRIE RELEASED MONTHLY VIRTUAL PERFORMANCES GENERATED BY MEMBERS AND AFFILIATES OF MN BLACK THEATRE CIRCLE, CULMINATING IN THE BLACKNESS IS ARTS FESTIVAL MAY 21 - 23, 2021, WHICH FEATURED 17 VIRTUAL PERFORMANCES BY 13 LOCAL BLACK ARTISTS AND WAS INTENTIONALLY SCHEDULED ONE YEAR AFTER THE MURDER OF GEORGE FLOYD. IN TOTAL OVER 165,000 VIEWERS ENGAGED WITH 12 VIRTUAL PROGRAMS PRESENTED OR PRODUCED BY THE GUTHRIE. IN JULY 2021, THE GUTHRIE BUILDING REOPENED TO THE PUBLIC, AND WE MADE ESSENTIAL UPDATES TO OUR SPACES, PAVING THE WAY FOR AUDIENCES TO RETURN TO THE THEATER IN THE FALL. THESE STEPS WERE MADE POSSIBLE BY GENEROUS CONTRIBUTIONS FROM OUR COMMUNITY, AND WE ARE DEEPLY GRATEFUL.


EDUCATION: ALTHOUGH 2020-2021 EDUCATIONAL PROGRAMMING CONTINUED TO BE GREATLY IMPACTED BY THE COVID-19 SHUTDOWN, OUR STAFF AND TEACHING ARTISTS STILL MADE CONNECTIONS TO KEEP THE LOVE OF LIVE THEATER ALIVE. 5,000 STUDENTS ENGAGED WITH GUTHRIE TEACHING ARTISTS OR OTHER PROGRAMMING OUTSIDE OF THE 150,000 WHO WERE REACHED WITH THE VIRTUAL DICKENS HOLIDAY CLASSIC. 40 GUTHRIE TEACHING ARTISTS SPENT 617 HOURS WITH STUDENTS VIRTUALLY, 75 VIRTUAL CLASSES WERE OFFERED, 62 STUDENTS WERE ENROLLED IN THE UNIVERSITY OF MINNESOTA/GUTHRIE THEATER B.F.A. ACTING PROGRAM, AND 100% OF B.F.A. PERFORMANCE PROJECTS WERE WRITTEN AND DIRECTED BY BIPOC AND WOMEN ARTISTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Littler Mendelson
Legal
$366,184
Music Theatre International
Royalty
$416,531
Faegre Baker Daniels
Legal
$202,033
The Corporate Housing Company
Apartment Leasing
$155,827
Dramatists Play Service
Royalty
$153,441
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$8,732,456
Investment income $1,274,648
Tax Exempt Bond Proceeds $0
Royalties $134
Net Rental Income $0
Net Gain/Loss on Asset Sales $687,387
Net Income from Fundraising Events -$94,692
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$86,360
Miscellaneous Revenue$0
Total Revenue $18,685,485

Grants Recieved

Over the last fiscal year, we have identified 47 grants that Guthrie Theatre Foundation has recieved totaling $2,359,998.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$498,680
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, ARTS & CULTURE

$340,100
Cargill Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATING SUPPORT 2021

$305,000
Shubert Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING

$220,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$107,820
Organization Name not Listed

PURPOSE: UNRESTRICTED

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$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$53,559,535
Earnings$13,495,548
Net Contributions$50,250
Other Expense$2,269,398
Ending Balance$64,835,935

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