CENTER THEATRE GROUP OF LOS ANGELES Charity Report

Public IRS 990 nonprofit record

CENTER THEATRE GROUP OF LOS ANGELES

EIN 95-2466183 · Arts, Culture & Humanities (A650)

What they do

WE BELIEVE THEATRE CREATES AN EXTRAORDINARY CONNECTION BETWEEN ARTISTS and AUDIENCES THAT ONLY STARTS ON THE STAGE. THEATRE CREATES THE ENERGY THAT FEEDS A CITY, A CULTURE, and A SOCIETY. THEATRE REFLECTS THE COMMUNITY IT SERVES. OUR MISSION is to SERVE THE DIVERSE AUDIENCES of LOS ANGELES BY PRODUCING and PRESENTING THEATRE of THE HIGHEST CALIBER, BY NURTURING NEW ARTISTS, BY ATTRACTING NEW AUDIENCES, and BY DEVELOPING YOUTH OUTREACH and ARTS EDUCATION PROGRAMS. AT OUR THREE THEATRES, THE AHMANSON THEATRE, THE MARK TAPER FORUM, and THE KIRK DOUGLAS THEATRE, WE INVITE AUDIENCES to EXPERIENCE THE BROADEST RANGE of THEATRICAL ENTERTAINMENT IN THE COUNTRY. WE PRODUCE and PRESENT THE MOST CELEBRATED SHOWS STRAIGHT FROM BROADWAY, THOUGHT-PROVOKING and LIVELY STORIES THAT HELP US UNDERSTAND OUR COMPLICATED WORLD, and ADVENTUROUS NEW PLAYS FROM FRESH VOICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders60 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.25%of revenue went to mission work82.5% of expenses · Program services

6.94%of revenue went to fundraising6.1% of expenses

$113.00spent for every $100 of revenueSpending was higher than revenue this year.

12.81%of revenue went to management and office costs11.3% of expenses

$1.57in assets for every $1 spent this yearSome assets cannot be spent right away.

34.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $5,746,665 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $593,427 for MEGHAN PRESSMAN (CEO/MANAGING DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$44,197,361

Mission workProgram services$41,212,32493.25% of revenue82.5% of expenses

ManagementOffice and general costs$5,663,69412.81% of revenue11.3% of expenses

FundraisingAsking for donations$3,068,0086.94% of revenue6.1% of expenses

Total expenses$49,944,026113.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.5% mission · 11.3% management · 6.1% fundraisingTotal expenses: 113.00% of revenue

2023Expense mix: 80.5% mission · 13.8% management · 5.7% fundraisingTotal expenses: 95.12% of revenue

2022Expense mix: 81.0% mission · 14.4% management · 4.6% fundraisingTotal expenses: 127.50% of revenue

2021Expense mix: 80.4% mission · 13.0% management · 6.7% fundraisingTotal expenses: 96.62% of revenue

2020Expense mix: 57.1% mission · 24.1% management · 18.7% fundraisingTotal expenses: 90.82% of revenue

2019Expense mix: 81.0% mission · 12.3% management · 6.7% fundraisingTotal expenses: 103.57% of revenue

2018Expense mix: 82.4% mission · 11.9% management · 5.6% fundraisingTotal expenses: 96.74% of revenue

2017Expense mix: 80.5% mission · 13.6% management · 5.9% fundraisingTotal expenses: 115.60% of revenue

Money in and money out

Revenue$44,197,361

Expenses$49,944,026

Annual shortfall $5,746,665 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$41,212,324 · 82.5% of expenses

Management and office costs$5,663,694 · 11.3% of expenses

Fundraising$3,068,008 · 6.1% of expenses

See all reported dollar amounts

Revenue$44,197,361

Expenses$49,944,026

Assets$78,310,189

Income$45,371,674

Contributions$15,176,027

Mission work (program services)$41,212,324

Fundraising$3,068,008

Management and general$5,663,694

Stocks and bonds$17,113,571

Accounting fees$134,728

Investing fees$71,968

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MEGHAN PRESSMANCEO/MANAGING DIRECTOR · 45 hrs/week $593,427Base $543,878 · Other $49,549

SNEHAL DESAIARTISTIC DIRECTOR · 45 hrs/week $524,177Base $500,300 · Other $23,877

DOUGLAS BAKERPRODUCTING DIRECTOR · 45 hrs/week $321,618Base $296,863 · Other $24,755

CHERYL SHEPHERDCHIEF FINANCIAL OFFICER · 45 hrs/week $302,087Base $293,288 · Other $8,799

SARAH E SULLIVAN DIRECTOR OFINSTITUATIONAL ADVANCEMENT · 45 hrs/week $277,438Base $268,969 · Other $8,469

CAMILLE SCHENKKANDEPUTY MANAGING DIRECTOR · 45 hrs/week $172,925Base $167,500 · Other $5,425

JOSEPH PHILIP HAMLINDIRECTOR OF PRODUCTION · 45 hrs/week $171,717Base $165,864 · Other $5,853

LINDSAY H ALLBAUGHASSOCIATE ARTISTIC DIRECTOR · 45 hrs/week $169,080Base $163,767 · Other $5,313

JODY HORWITZDIRECTOR OF HUMAN RESOURCES · 45 hrs/week $168,077Base $167,200 · Other $877

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (60)

MEGHAN PRESSMANCEO/MANAGING DIRECTOR

SNEHAL DESAIARTISTIC DIRECTOR

DOUGLAS BAKERPRODUCTING DIRECTOR

CHERYL SHEPHERDCHIEF FINANCIAL OFFICER

SARAH E SULLIVAN DIRECTOR OFINSTITUATIONAL ADVANCEMENT

CAMILLE SCHENKKANDEPUTY MANAGING DIRECTOR

JOSEPH PHILIP HAMLINDIRECTOR OF PRODUCTION

LINDSAY H ALLBAUGHASSOCIATE ARTISTIC DIRECTOR

JODY HORWITZDIRECTOR OF HUMAN RESOURCES

MATT WALDENVICE PRESIDENT

MARSHA TAUBER SALLAIDIRECTOR

MANUELA CERRI GORENDIRECTOR

LOUISE MORIARTYDIRECTOR

ROBERT GREENBLATTDIRECTOR

MILES BENICKESVICE PRESIDENT

NANCY DENNISDIRECTOR

NNAMDI ASOMUGHADIRECTOR

NOAH FRANCISASSISTANT TREASURER

PATRICIA GLASERDIRECTOR

PAUL JAMESDIRECTOR

RICHARD WEITZDIRECTOR

RICK MIRAMONTEZDIRECTOR

KIM MCLANE WARDLAWDIRECTOR

RON GILLYARDDIRECTOR

SANDRA STERNDIRECTOR

SARAH CLOSSEYDIRECTOR

SCOTT SANDLERDIRECTOR

SHANA C WATERMANDIRECTOR

STANLEY IEZMANDIRECTOR

STEPHEN CHEUNGDIRECTOR

WENDY CHANGDIRECTOR

WILLIAM AHMANSONCHAIRPERSON

WILLIAM LINDSAYEXECUTIVE VICE PRESIDENT/TREASURER

HATTIE WINSTONDIRECTOR

AMY FORBESPRESIDENT

BETSY BORNSDIRECTOR

BONNIE VITTIDIRECTOR

CECILIA ESTOLANOSECRETARY

CHRISTINE CRONIN-HURSTDIRECTOR

DANNIELLE CAMPOS RAMIREZDIRECTOR

DIANA BUCKHANTZDIRECTOR

EDWARD RINGDIRECTOR

ELLIOTT SERNELDIRECTOR

GAIL BERMAN-MASTERSVICE PRESIDENT

GARY FRISCHLINGDIRECTOR

GLENN A SONNENBERGDIRECTOR

HARRY ABRAMSDIRECTOR

LAURA ROSENWALDDIRECTOR

JAMIE PATRICOFDIRECTOR

JANA BEZDEKVICE PRESIDENT

JASON GRODEDIRECTOR

JAY P SRINIVASANDIRECTOR

JEANNE NEWMANDIRECTOR

JENNIFER LEWISDIRECTOR

JILL CHOZENDIRECTOR

JONATHAN AXELDIRECTOR

JUSTIN MIKITADIRECTOR

KARI NAKAMADIRECTOR

ALIZA KARNEY GURENDIRECTOR

KRISTINE LOUIS REYNALDIRECTOR

About this charity

Recognized since: January 1966
Location: 601 W TEMPLE ST, LOS ANGELES, CA 90012-2621
County: Los Angeles
In care of: CHERYL SHEPHERD
Primary officer: CHERYL SHEPHERD, CFO

How to reach them

WebsiteVisit the charity’s website Phone(213) 972-8032

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Arts, Culture & Humanities (A650)