Old Globe Theatre, operating under the name The Old Globe, is located in San Diego, CA. The organization was established in 1952. 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 12/2022, Old Globe employed 887 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Globe 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 12/2021, Old Globe generated $29.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $23.5m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
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AS ONE OF THE NATION'S LEADING PROFESSIONAL REGIONAL THEATRES AND ONE OF SAN DIEGO'S LARGEST ARTS INSTITUTIONS, THE TONY AWARD-WINNING OLD GLOBE HAS SERVED THE SAN DIEGO REGION SINCE 1937 WHEN A POPULAR VENUE FOR SHAKESPEARE'S WORK AT THE 1935-36 CALIFORNIA PACIFIC INTERNATIONAL EXPOSITION IN BALBOA PARK WAS ESTABLISHED AS A PERMANENT OPERATION. THE OLD GLOBE PRODUCES A YEAR-ROUND SEASON OF 15 OR MORE PLAYS AND MUSICALS, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW WORKS, BROADWAY-BOUND PRODUCTIONS AND THE HIGHLY-REGARDED SUMMER SHAKESPEARE FESTIVAL. IN ADDITION TO THE ARTISTIC PROGRAMMING ON ITS THREE STAGES, WITH AUDIENCE CAPACITIES OF 600/600/250, THE GLOBE OFFERS A WIDE RANGE OF ARTS ENGAGEMENT AND HUMANITIES PROGRAMS THAT CONTRIBUTE TO THE GROWTH AND EDUCATION OF AUDIENCES AND THE COMMUNITY AT LARGE.
Describe the Organization's Program Activity:
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THE OLD GLOBE WELCOMED 200,000 ADMISSIONS AND PROGRAM PARTICIPANTS, INCLUDING THOSE WHO ATTENDED OUR FREE ARTS ENGAGEMENT PROGRAMS IN THE COMMUNITY. THE OLD GLOBE PRESENTED 550 PERFORMANCES OF 15 PLAYS IN OUR THREE VENUES IN BALBOA PARK PLUS AT 19 VENUES THROUGHOUT THE SAN DIEGO REGION, INCLUDING IN TIJUANA, B.C., MEXICO. THE GLOBE ANNUALLY EMPLOYS MORE THAN 700 ARTISTS, ARTISANS, AND STAFF MEMBERS, ATTRACTING LEADING NATIONAL THEATRE ARTISTS TO SAN DIEGO AS WELL AS STRENGTHENING THE LOCAL THEATRE SCENE BY HIRING HIGH-CALIBER PROFESSIONALS. OUR ANNUAL ECONOMIC IMPACT FOR SAN DIEGO IS $45.5 MILLION. THE GLOBE HAS SENT 26 SHOWS TO BROADWAY - OUR LATEST, BOB FOSSE'S DANCIN', SEEN AT THE GLOBE IN 2022, OPENED ON BROADWAY IN MARCH 2023.OUR SOCIAL JUSTICE ROADMAP HAS BEEN HAILED AS AN EXEMPLAR FOR AMERICAN THEATRE, WITH MEASURABLE COMMITMENTS AND REPORTS ON OUR PROGRESS SHARED WITH OUR COMMUNITY. THE GLOBE'S POWERS NEW WORKS FUND SUPPORTED THE COMMISSION OF EIGHT PLAYWRIGHTS, FUNDED EIGHT DEVELOPMENTAL WORKSHOPS, AND SUPPORTED THE 2022 POWERS NEW VOICES FESTIVAL. TWO OF THE FIVE PLAYS SHOWCASED DEVELOPED IN 2022 (EXOTIC DEADLY AND CRIME AND PUNISHMENT, A COMEDY) WILL RECEIVE THEIR WORLD PREMIERES IN THE GLOBE'S 2023 SEASON, AND UNDER A BASEBALL SKY, FIRST READ IN THE 2021 POWERS NEW VOICES FESTIVAL, RECEIVES ITS WORLD PREMIERE AT THE GLOBE IN 2023.THE GLOBE'S ARTS ENGAGEMENT PROGRAMS ARE RECOGNIZED INTERNATIONALLY FOR THEIR INNOVATION, RESPONSIVENESS, AND ABILITY TO CONNECT WITH DIVERSE POPULATIONS. EIGHTEEN DIFFERENT ARTS ENGAGEMENT PROGRAMS INCLUDE GLOBE FOR ALL TOURS OF PLAYS TO NEIGHBORHOOD VENUES; COMMUNITY VOICES PLAYWRITING WORKSHOPS; AXIS, FREE PROGRAMS ON THE GLOBE'S COPLEY PLAZA; AND REFLECTING SHAKESPEARE, AN INTERACTIVE WRITING AND PERFORMANCE WORKSHOP IN FACILITIES FOR PEOPLE WHO ARE INCARCERATED OR FOR RETURNING CITIZENS. THE GLOBE PARTNERS WITH OVER 40 COMMUNITY ORGANIZATIONS, INCLUDING VETERANS VILLAGE, NAVAL BASE SAN DIEGO, FOURTH DISTRICT SENIOR RESOURCE CENTER, SBCS, LAS COLINAS DETENTION AND REENTRY FACILITY, CENTINELA AND DONOVAN STATE PRISONS, OCEANSIDE PUBLIC LIBRARY, AND MANY MORE.FREE STUDENT MATINEES SERVED NEARLY 5,000 YOUNG PEOPLE AND THEIR TEACHERS, INTRODUCING THEM TO THEATRE - MANY FOR THE VERY FIRST TIME. OTHER PROGRAMS FOR YOUTH INCLUDE SCHOOL IN THE PARK, AN IMMERSIVE, MULTI-WEEK PROGRAM FOR ELEMENTARY AND MIDDLE SCHOOLS AT THE GLOBE, PAM FARR SUMMER SHAKESPEARE STUDIO FOR YOUNG ACTORS, THEATRE DESIGN STUDIO, WHICH INTRODUCES YOUNG PEOPLE TO CAREERS IN PRODUCTION, AND CREATIVE YOUTH STUDIO, WHICH GUIDES STUDENTS IN PERFORMANCE, TECHNICAL THEATRE, AND CAREER BUILDING. ALL TOGETHER, THESE PROGRAMS SERVED NEARLY 1,250 STUDENTS IN 2022.THE GLOBE DISTRIBUTED OVER 4,000 FREE TICKETS TO COMMUNITY ORGANIZATIONS, INCLUDING SBCS (FORMERLY SOUTH BAY COMMUNITY SERVICES), COMMUNITY YOUTH ATHLETICS CENTER IN NATIONAL CITY, ELDERHELP OF SAN DIEGO, AND THE USO.1999 MILITARY FAMILIES RECEIVED DISCOUNT TICKETS THROUGH BLUE STAR FAMILIES DISCOUNT PROGRAM. 341 FREE TICKETS WERE DISTRIBUTED TO ACTIVE DUTY MILITARY-CONNECTED INDIVIDUALS AND 159 TICKETS WENT TO VETERANS.
THE GLOBE IS COMMITTED TO TRAINING THE ARTISTS OF THE FUTURE. THE OLD GLOBE AND UNIVERSITY OF SAN DIEGO SHILEY GRADUATE THEATRE PROGRAM IS CONSISTENTLY RANKED IN THE TOP TEN INTERNATIONALLY FOR GRADUATE THEATRE PROGRAMS. PROGRAMS FOR DIVERSE DIRECTORS, PLAYWRIGHTS, AND OTHER THEATRE ARTISTS HAVE HELPED TO LAUNCH OR EXPAND CAREERS OF THEATRE ARTISTS THROUGHOUT THE NATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Davies Board Past Chair | Trustee | 6 | $0 |
Anthony S Thornley Board Treasurer | OfficerTrustee | 8 | $0 |
Barry Edelstein Artistic Director | OfficerTrustee | 40 | $485,434 |
Cassandra Weinlein Board Member | Trustee | 4 | $0 |
Christian Buckley Board Member | Trustee | 4 | $0 |
Christine Roberts Trimble Board Member | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Beg Borrow Steal Studio Private Limited Costumes | 12/30/22 | $167,653 |
Christie Lites Las Vegas Theatrical Lighting And Rentals | 12/30/22 | $145,165 |
Dnb Design Llc Sound Design And Rentals | 12/30/22 | $121,736 |
Lamarca Heinrich Strategic Consulting Ll Consulting | 12/30/22 | $114,514 |
Moss Adams Llp Accounting | 12/30/22 | $119,402 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $22,809,383 |
Investment income | $178,047 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $8,802 |
Net Rental Income | -$988 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$414,402 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $226,420 |
Miscellaneous Revenue | $0 |
Total Revenue | $29,916,512 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $155,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,865,948 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,853,226 |
Pension plan accruals and contributions | $464,359 |
Other employee benefits | $963,731 |
Payroll taxes | $996,231 |
Fees for services: Management | $0 |
Fees for services: Legal | $64,715 |
Fees for services: Accounting | $220,126 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $52,815 |
Fees for services: Other | $1,304,299 |
Advertising and promotion | $403,930 |
Office expenses | $657,545 |
Information technology | $380,364 |
Royalties | $418,465 |
Occupancy | $398,022 |
Travel | $130,574 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,259 |
Interest | $64,455 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,722,505 |
Insurance | $634,332 |
All other expenses | $0 |
Total functional expenses | $23,529,312 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$17,771 |
Savings and temporary cash investments | $13,729,672 |
Pledges and grants receivable | $6,404,303 |
Accounts receivable, net | $118,074 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $136,085 |
Prepaid expenses and deferred charges | $628,738 |
Investments—publicly traded securities | $16,855,377 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $29,805,451 |
Total assets | $87,825,720 |
Accounts payable and accrued expenses | $2,507,858 |
Grants payable | $0 |
Deferred revenue | $4,809,894 |
Tax-exempt bond liabilities | $1,962,790 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,999,999 |
Other liabilities | $0 |
Total liabilities | $11,280,541 |
Net assets without donor restrictions | $34,319,563 |
Net assets with donor restrictions | $42,225,616 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $76,545,179 |