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 12/2021, Old Globe employed 604 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 12/2020, Old Globe generated $16.5m 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 (6.0%) each year. All expenses for the organization totaled $15.9m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE TONY AWARD-WINNING OLD GLOBE THEATRE IS ONE OF THE LARGEST THEATRES IN THE COUNTRY AND SAN DIEGO'S FLAGSHIP PERFORMING ARTS INSTITUTION 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. IN A NORMAL SEASON, THE OLD GLOBE PRODUCES A YEAR-ROUND SEASON OF 14 OR MORE PLAYS AND MUSICALS, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW MUSICALS, BROADWAY-BOUND PRODUCTIONS AND A HIGHLY-REGARDED SUMMER SHAKESPEARE FESTIVAL. IN ADDITION TO THE ARTISTIC PROGRAMMING ON ITS THREE STAGES, WITH AUDIENCE CAPACITIES OF 620/600/250, 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:
Part 3 - Line 4a
THE OLD GLOBE REMAINS AT THE FOREFRONT OF THE NATION'S THEATRICAL PERFORMING ARTS ORGANIZATIONS, SETTING A STANDARD FOR EXCELLENCE IN AMERICAN THEATER BY PRODUCING AS MANY AS 15 PROFESSIONAL PRODUCTIONS IN A TYPICAL SEASON, INCLUDING WORLD PREMIERE MUSICALS, MODERN CLASSICS, NEW WORKS, BROADWAY-BOUND PRODUCTIONS, AND AN OUTDOOR SUMMER SHAKESPEARE FESTIVAL, IN ADDITION TO A WIDE VARIETY OF ARTS ENGAGEMENT PROGRAMS THAT BRING THE GLOBE INTO THE COMMUNITY. THE GLOBE'S RETURN TO LIVE PRODUCTIONS IN AUGUST OF 2021 AFTER A PANDEMIC-CAUSED HIATUS INCLUDED A REVIVAL OF THE MUSICAL HAIR, THE WORLD PREMIERE OF THE GARDENS OF ANUNICA DIRECTED AND CHOREOGRAPHED BY GRACIELA DANIELE, TONY-AWARD WINNER FOR LIFETIME ACHIEVEMENT, A SECOND PRODUCTION OF SCROOGE'S SAN DIEGO BIG OL' CHRISTMAS SHOW, AND THE ANNUAL PRODUCTION OF DR. SEUSS'S HOW THE GRINCH STOLE CHRISTMAS! THIS WAS IN ADDITION TO A SERIES OF FILM SCREENINGS, OUTDOOR CABARET PERFORMANCES, AND EXTENSIVE ARTS ENGAGEMENT PROGRAMS. THE GLOBE'S ARTS ENGAGEMENT PROGRAMS CELEBRATED A RETURN TO IN-PERSON PROGRAMMING IN UNDER-RESOURCED COMMUNITIES. THE GLOBE FOR ALL TOUR BROUGHT SHAKESPEARE: CALL AND RESPONSE TO 1,546 PEOPLE WITH BARRIERS TO ACCESSING PROFESSIONAL THEATRE.THE OLD GLOBE WROTE AND LAUNCHED A SOCIAL JUSTICE ROADMAP TO MAKE THE GLOBE A MORE EQUITABLE AND WELCOMING PLACE FOR ARTISTS, STAFF, AND AUDIENCE MEMBERS. THIS ROADMAP DELINEATES A SERIES OF REFORMS TO ACCELERATE THE PACE OF CHANGE AT ALL LEVELS OF OUR INSTITUTION.IN THE PAST 10 YEARS, THE OLD GLOBE HAS EXPANDED THE REACH AND SCOPE OF ITS ARTS ENGAGEMENT PROGRAMS IN PURSUIT OF THE GOAL OF BETTER SERVING THE PUBLIC GOOD. THIS IMPACT OF THIS WORK HAS DEEPLY TRANSFORMED THE GLOBE AND THE GLOBE'S RELATIONSHIPS WITH THE COMMUNITY, LEADING TO THE COMMON PERCEPTION THAT THE GLOBE IS A NATIONALLY LEADING THEATRE IN SERVING THE DEPTH AND BREADTH OF MANY CONSTITUENCIES.
A JOINT VENTURE OF THE OLD GLOBE AND THE UNIVERSITY OF SAN DIEGO, THE MASTER OF FINE ARTS IN ACTING PROGRAM NATIONALLY RECRUITS SEVEN STUDENTS EACH YEAR TO PARTICIPATE IN AN INTENSIVE TWO-YEAR, YEAR-ROUND COURSE OF GRADUATE STUDY IN CLASSICAL THEATRE. GRANTS ARE GIVEN TO THE STUDENTS TO COVER A PORTION OF MONTHLY LIVING EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Shields Managing Director | OfficerTrustee | 40 | $344,049 |
Barry Edelstein Artistic Director | OfficerTrustee | 40 | $330,357 |
Llewellyn Crain Director Of Philanthropy | Officer | 40 | $212,583 |
David Henson Director Of Marketing | Officer | 40 | $196,826 |
Michelle Yeager Director Of Finance | Officer | 40 | $174,402 |
Michael Page General Manager (thru 11/21) | Officer | 40 | $163,629 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Moss Adams Accounting | 12/30/21 | $121,979 |
Dnb Design Llc Sound Design And Rentals | 12/30/21 | $120,548 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $554,958 |
Related organizations | $281,106 |
Government grants | $473,465 |
All other contributions, gifts, grants, and similar amounts not included above | $12,671,907 |
Noncash contributions included in lines 1a–1f | $441,875 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,981,436 |
Total Program Service Revenue | $2,214,280 |
Investment income | $288,396 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $4,093 |
Net Rental Income | -$44,974 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$9,394 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $39,933 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,473,770 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $122,666 |
Grants and other assistance to domestic individuals. | $152,200 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,733,028 |
Compensation of current officers, directors, key employees. | $493,003 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,231,305 |
Pension plan accruals and contributions | $222,567 |
Other employee benefits | $697,619 |
Payroll taxes | $608,857 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,525 |
Fees for services: Accounting | $188,430 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $18,811 |
Fees for services: Other | $701,743 |
Advertising and promotion | $244,053 |
Office expenses | $295,330 |
Information technology | $353,058 |
Royalties | $515,573 |
Occupancy | $297,484 |
Travel | $88,721 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,949 |
Interest | $91,871 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,657,974 |
Insurance | $429,118 |
All other expenses | $462,531 |
Total functional expenses | $15,948,051 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,589 |
Savings and temporary cash investments | $5,391,418 |
Pledges and grants receivable | $7,881,294 |
Accounts receivable, net | $49,161 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $144,704 |
Prepaid expenses and deferred charges | $145,057 |
Net Land, buildings, and equipment | $21,315,239 |
Investments—publicly traded securities | $14,391,819 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $29,693,775 |
Total assets | $79,168,056 |
Accounts payable and accrued expenses | $1,148,904 |
Grants payable | $0 |
Deferred revenue | $3,222,261 |
Tax-exempt bond liabilities | $2,149,701 |
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 | $2,866,450 |
Other liabilities | $0 |
Total liabilities | $9,387,316 |
Net assets without donor restrictions | $28,253,490 |
Net assets with donor restrictions | $41,527,250 |
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 | $79,168,056 |
Over the last fiscal year, we have identified 2 grants that Old Globe Theatre has recieved totaling $43,000.
Awarding Organization | Amount |
---|---|
Favrot Fund Houston, TX PURPOSE: THE OLD GLOBES MISSION IS TO PRESERVE, STRENGTHEN AND ADVANCE THEATER AND PROVE AN ENVIRONMENT FOR THE GROWTH AND EDUCATION OF THEATER PROFESSIONALS AND THE COMMUNITY AT LARGE. THE PURPOSE OF THE GRANT IS TO SUPPORT THE ARTS ENGAGEMENT AND YOUNG AUDIENCE DEVELOPMENT INITIATIVES. | $40,000 |
Claytor Family Charitable Foundation Inc Fort Worth, TX PURPOSE: MUSICAL PRODUCTION | $3,000 |
Beg. Balance | $768,433 |
Earnings | $47,777 |
Admin Expense | $1,415 |
Grants | $20,000 |
Ending Balance | $794,795 |
Organization Name | Assets | Revenue |
---|---|---|
American Conservatory Theatre Foundation San Francisco, CA | $52,882,749 | $20,975,914 |
Oregon Shakespeare Festival Association Ashland, OR | $57,188,884 | $18,740,778 |
Old Globe Theatre San Diego, CA | $79,168,056 | $16,473,770 |
Geffen Playhouse Inc Los Angeles, CA | $33,029,635 | $21,063,113 |
Center Theatre Group Of Los Angeles Los Angeles, CA | $93,308,392 | $15,777,431 |
Theatre & Arts Foundation Of San Diego County La Jolla, CA | $96,134,792 | $15,790,250 |
Berkeley Repertory Theatre Berkeley, CA | $78,284,133 | $11,370,014 |
Phoenix Theatre Inc Phoenix, AZ | $21,212,066 | $8,604,934 |
Theatreworks Silicon Valley Redwood City, CA | $8,373,819 | $8,187,041 |
South Coast Repertory Inc Costa Mesa, CA | $83,774,342 | $5,710,509 |
Arizona Theatre Company Tucson, AZ | $5,166,004 | $10,001,507 |
Rialto Theatre Foundation Tucson, AZ | $5,053,009 | $7,645,173 |