2025-05-14T17:27:04-05:00 2024-06-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-07-01 952466183 CENTER THEATRE GROUP OF LOS ANGELES CENT 2139728032 601 W TEMPLE ST 13 LOS ANGELES CA 90012 CHERYL SHEPHERD CFO 2139728032 2025-05-08 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2023 2025-03-06 01:10:19Z CENTER THEATRE GROUP MEGHAN PRESSMAN 601 W TEMPLE ST 13 LOS ANGELES CA 90012 53152270 0 X WWW.CENTERTHEATREGROUP.ORG X 1966 CA AS ONE OF THE NATION'S MOST INFLUENTIAL NONPROFIT THEATRE COMPANIES, LOS ANGELES' CENTER THEATRE GROUP CONTINUES ITS 55-YEAR TRADITION OF USING THE ART OF THEATRE TO BROADEN HORIZONS AND ILLUMINATE NEW PERSPECTIVES AT ITS 3 THEATRES: THE AHMANSON THEATRE, MARK TAPER FORUM AND KIRK DOUGLAS THEATRE. 50 48 883 48 155000 0 11864878 17289335 31777886 33376564 1048587 1269432 953290 -119570 45644641 51815761 0 0 0 0 28297766 21437165 0 0 2812513 29899143 27850246 58196909 49287411 -12552268 2528350 80661010 80404463 22551876 17294221 58109134 63110242 X 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. 0 0 24123098 28378088 AHMANSON THEATRE: A CHRISTMAS STORY (32 PERFORMANCES, 37,531 TOTAL ATTENDANCE); A STRANGE LOOP (31 PERFORMANCES, 38,491 TOTAL ATTENDANCE); FUNNY GIRL (33 PERFORMANCES, 50,885 TOTAL ATTENDANCE); HADESTOWN (16 PERFORMANCES, 30,478 TOTAL ATTENDANCE); INTO THE WOODS* (36 PERFORMANCES, 57,078 TOTAL ATTENDANCE, LA DRAMA CRITICS CIRCLE AWARD FOR BEST REVIVAL, LEAD PERFORMANCE, FEATURED PERFORMANCE, AND PUPPET DESIGN); MATTHEW BOURNE'S ROMEO AND JULIET (33 PERFORMANCES, 38,565 TOTAL ATTENDANCE); PETER PAN GOES WRONG (47 PERFORMANCES, 72,592 TOTAL ATTENDANCE)*PRODUCTION CROSSES TWO FISCAL YEARS. 2599936 2834561 MARK TAPER FORUM: TRADITIONAL SEASONAL PROGRAMMING FOR THE TAPER THEATER WAS PAUSED FOR THIS SEASON, AND THEREFORE, ALL SHOWS LISTED HERE FOR THIS THEATER WERE SPECIAL EVENTS.ALEX EDELMAN'S JUST FOR US (33 PERFORMANCES, 22,120 TOTAL ATTENDANCE); MICHAEL FEINSTEIN (3 PERFORMANCES, 1,896 TOTAL ATTENDANCE), MUSE/IQUE (3 PERFORMANCES, 6,093 TOTAL ATTENDANCE); TAPER LEGACY READINGS (2 PERFORMANCES, 884 TOTAL ATTENDANCE) 1854527 2163915 DOG MAN: THE MUSICAL (73 PERFORMANCES, 17,523 TOTAL ATTENDANCE; FETCH CLAY, MAKE MAN* (20 PERFORMANCES, 4,876 TOTAL ATTENDANCE, LA DRAMA CRITICS CIRCLE AWARD FOR BEST REVIVAL AND LEAD PERFORMANCE); OUR DEAR DEAD DRUG LORD (30 PERFORMANCES, 6,093 TOTAL ATTENDANCE); EL OTRO OZ (4 PERFORMANCES, 700 TOTAL ATTENDANCE)*PRODUCTION CROSSES TWO FISCAL YEARS. 11082396 CENTER THEATRE GROUP'S EDUCATION & COMMUNITY PARTNERSHIPS (E&CP) WORK SUPPORTS CTG'S OVERALL MISSION: SERVING 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. OUR CTG CORE VALUES OF CENTERING LOS ANGELES; LIFELONG LEARNING, INSPIRATION, AND HUMAN CONNECTION; AND RESPECT, COMPASSION, SOCIAL CONSCIENCE, AND AREDI LEAD OUR WAY.E&CP SPECIFICALLY SERVES OUR MISSION BY WORKING COLLABORATIVELY AND WITH DIRECT AND FREQUENT INPUT FROM OUR LOS ANGELES COMMUNITIES: PARTNERING WITH LOCAL ORGANIZATIONS, THEATREMAKERS, AND SCHOOLS; PROVIDING RESOURCES AND OPPORTUNITIES FOR LOCAL EDUCATORS AND STUDENTS; AND CREATING PROGRAMS TO EQUIP AND COLLABORATE WITH THE NEXT GENERATION OF THEATREMAKERS. THE E&CP TEAM KEEPS JUSTICE, INCLUSION, AND ANTI-RACISM PRACTICES AT THE CENTER OF OUR WORK. FOR FY24, EDUCATION & COMMUNITY PARTNERSHIPS ENGAGED 6,558 STUDENTS, 780 EDUCATORS, AND 1,948 ADDITIONAL PARTICIPANTS THROUGH LIVE PROGRAMMING, INCLUDING STUDENT MATINEES, WORKSHOPS, READING, INTERNSHIPS, CAREER FAIRS, IN-SCHOOL RESIDENCIES, TICKETING INITIATIVES, ACTIVATIONS, AND LEADERSHIP PROGRAMS. 11082396 39659957 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 295 0 1 883 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 50 48 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 CA X CHERYL SHEPHERD 2139727349 601 W TEMPLE ST 13 LOS ANGELES CA 90012 MEGHAN PRESSMAN CEO/MANAGING DIRECTOR 45.00 0.00 X X 513128 0 47631 SNEHAL DESAI ARTISTIC DIRECTOR 45.00 0.00 X X 274328 0 369 WILLIAM H AHMANSON CHAIRPERSON (AS OF 09/23) 4.00 0.00 X X 0 0 0 AMY R FORBES PRESIDENT 4.00 0.00 X X 0 0 0 MILES BENICKES VICE PRESIDENT 2.00 0.00 X X 0 0 0 GAIL BERMAN-MASTERS VICE PRESIDENT 2.00 0.00 X X 0 0 0 WILLIAM R LINDSAY EXECUTIVE VP/TREASURER 2.00 0.00 X X 0 0 0 STANLEY IEZMAN SECRETARY 2.00 0.00 X X 0 0 0 HARRY ABRAMS DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN AXEL DIRECTOR 1.00 0.00 X 0 0 0 PAMELA BECK DIRECTOR 1.00 0.00 X 0 0 0 THOM BEERS DIRECTOR (THRU 07/25/23) 1.00 0.00 X 0 0 0 JANA BEZDEK DIRECTOR 1.00 0.00 X 0 0 0 BETSY BORNS DIRECTOR 1.00 0.00 X 0 0 0 DIANA BUCKHANTZ DIRECTOR 1.00 0.00 X 0 0 0 DANNIELLE CAMPOS RAMIREZ DIRECTOR 1.00 0.00 X 0 0 0 WENDY CHANG DIRECTOR 1.00 0.00 X 0 0 0 JILL CHOZEN DIRECTOR 1.00 0.00 X 0 0 0 SARAH CLOSSEY DIRECTOR 1.00 0.00 X 0 0 0 CHRISTINE CRONIN-HURST DIRECTOR 1.00 0.00 X 0 0 0 BRADFORD W EDGERTON MD DIRECTOR (THRU 02/24/24) 1.00 0.00 X 0 0 0 CECILIA ESTOLANO DIRECTOR 1.00 0.00 X 0 0 0 NOAH FRANCIS DIRECTOR 1.00 0.00 X 0 0 0 GARY FRISCHLING DIRECTOR 1.00 0.00 X 0 0 0 RON GILLYARD DIRECTOR 1.00 0.00 X 0 0 0 KIKI RAMOS GINDLER DIRECTOR (THRU 08/18/23) 1.00 0.00 X 0 0 0 PATRICIA GLASER DIRECTOR 1.00 0.00 X 0 0 0 MANUELA CERRI GOREN DIRECTOR 1.00 0.00 X 0 0 0 ROBERT GREENBLATT DIRECTOR 1.00 0.00 X 0 0 0 JASON GRODE DIRECTOR 1.00 0.00 X 0 0 0 ALIZA KARNEY GUREN DIRECTOR 1.00 0.00 X 0 0 0 PAUL JAMES DIRECTOR 1.00 0.00 X 0 0 0 GERARD MCCALLUM II DIRECTOR 1.00 0.00 X 0 0 0 JUSTIN MIKITA DIRECTOR (AS OF 09/20/23) 1.00 0.00 X 0 0 0 LOUISE MORIARTY DIRECTOR 1.00 0.00 X 0 0 0 KARI NAKAMA DIRECTOR 1.00 0.00 X 0 0 0 JAMIE PATRICOF DIRECTOR 1.00 0.00 X 0 0 0 DAVID QUIGG DIRECTOR 1.00 0.00 X 0 0 0 KRISTINE LOUIS REYNAL DIRECTOR (AS OF 09/29/23) 1.00 0.00 X 0 0 0 EDWARD RING DIRECTOR 1.00 0.00 X 0 0 0 LAURA ROSENWALD DIRECTOR 1.00 0.00 X 0 0 0 SCOTT SANDLER DIRECTOR (AS OF 04/17/24) 1.00 0.00 X 0 0 0 ELLIOTT SERNEL DIRECTOR 1.00 0.00 X 0 0 0 GLEN A SONNENBERG DIRECTOR 1.00 0.00 X 0 0 0 JAY P SRINIVASAN DIRECTOR (AS OF 09/20/23) 1.00 0.00 X 0 0 0 SANDRA STERN DIRECTOR 1.00 0.00 X 0 0 0 MARSHA TAUBER SALLAI DIRECTOR 1.00 0.00 X 0 0 0 BONNIE VITTI DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW WALDEN DIRECTOR 1.00 0.00 X 0 0 0 KIM MCLANE WARDLAW DIRECTOR 1.00 0.00 X 0 0 0 SHANA C WATERMAN DIRECTOR 1.00 0.00 X 0 0 0 RICHARD WEITZ DIRECTOR 1.00 0.00 X 0 0 0 HATTIE WINSTON DIRECTOR 1.00 0.00 X 0 0 0 CHERYL SHEPHERD CHIEF FINANCIAL OFFICER 45.00 0.00 X 287578 0 8627 DOUGLAS BAKER PRODUCING DIRECTOR 45.00 0.00 X 307670 0 17197 SARAH SULLIVAN DIRECTOR OF INSTITUTIONAL ADVANCEMENT 45.00 0.00 X 265201 0 200 SARAH STURDIVANT DIRECTOR OF FINANCE & TECHNOLOGY (THRU 12/15/23) 45.00 0.00 X 175617 0 605 CAMILLE SCHENKKAN DEPUTY MANAGING DIRECTOR 45.00 0.00 X 165200 0 5162 JOSEPH HAMLIN DIRECTOR OF PRODUCTION 45.00 0.00 X 161646 0 5542 JODY HORWITZ DIRECTOR OF HUMAN RESOURCE 45.00 0.00 X 164325 0 672 2314693 0 86005 21 0 1 0 PETER PAN GOES BROADWAY LP 561 SEVENTH AVE 3RD FL NEW YORK NY 10018 TOURING COMPANY 2484528 WORTH THE JOURNEYING LLC 630 NINTH AVE STE 401 NEW YORK NY 10036 TOURING COMPANY 2249325 SINE DIGITAL LIMITED 301 MILL RD STE U-5 HEWLETT NY 11557 CYBER ADVERTISING 1369074 ROUNDABOUT THEATRE COMPANY INC 231 WEST 39TH STREET STE 1200 NEW YORK NY 10018 TOURING COMPANY 1336473 1776 TOURING LLC 7135 MINSTREL WAY STE 105 COLUMBIA MD 21045 TOURING COMPANY 1322883 46 1172822 2124248 13992265 883186 17289335 PERFORMANCE REVENUE 711110 28794684 28794684 AUXILIARY REVENUE 711110 4581880 4581880 33376564 397143 397143 8486 8486 1755475 883186 872289 872289 872289 131125 1172822 423989 -292864 -292864 39142 29334 9808 9808 AMEX MOMENTUM SPONSORSHIP 711110 155000 155000 155000 51815761 33376564 155000 994862 1650948 806934 844014 14882455 10836578 2309503 1736374 1071757 925910 111616 34231 2517855 1882810 382166 252879 1314150 952773 224840 136537 1327829 905875 341684 80270 43018 22099 20919 117565 117565 70234 70234 29786 2983 26743 60 4017906 3967968 1562 48376 684063 367387 306328 10348 607532 203926 395524 8082 98590 98590 2016954 1653940 363014 707654 599234 79239 29181 66634 24789 39450 2395 296416 296416 527388 527388 306083 30367 275716 PRODUCTION COSTS 12813378 12800419 7571 5388 CREDIT CARD DISCOUNT 1466747 1342410 2711 121626 FACILITY FEES 1282211 1282211 1370258 952754 70738 346766 49287411 39659957 6814941 2812513 2454280 3522837 6931508 6791162 12415605 12145380 1803989 683302 1211116 728824 19021060 9594399 9047924 9426661 16805000 16129220 2922000 2335000 143792 110158 26925796 28531919 80661010 80404463 5886738 5140843 8378942 11001419 7000000 1286196 1151959 22551876 17294221 X 12462021 14088242 45647113 49022000 58109134 63110242 80661010 80404463 X 2528350 2522531 227 -50000 X 0 1 X 1 1 1 X 12896290 14058925 20728171 11838228 17289335 76810949 12896290 14058925 20728171 11838228 17289335 76810949 1372246 75438703 220527 85858 91256 313686 405629 1116956 9808 9808 1204398 995602 2200000 80137713 117961863 0.94140 0.92590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PROCEEDS FROM INSURANCE - 2021 AMOUNT: $ 1,204,398. 2022 AMOUNT: $ 995,602. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44943864 1215179 3562547 4206109 70234 45445247 48815021 142365 3175915 7105505 83932 44943864 56171397 151000 -6638603 766834 101939 48815021 44553722 208782 13479495 1971167 99435 56171397 47988532 6399 127721 3483081 85849 44553722 0.40600 0.59400 0.00000 1 0 1185764 713286 472478 12806660 4973273 7833387 4084002 3857301 226701 944634 50539 894095 9426661 BENEFICIAL INTERESTS IN CHARITABLE TRUSTS 27397694 DEFERRED COMPENSATION PLAN ASSETS 681228 ROU LEASE ASSET 452997 28531919 DEFERRED COMPENSATION PLAN LIABILITIES 681228 ROU LEASE LIABILITY 470731 1151959 X 53028881 2522531 22800 -1282211 1263120 51765761 50000 50000 51815761 48028000 22800 22800 48005200 1282211 1282211 49287411 PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE LONG TERM FINANCIAL STABILITY TO THE ORGANIZATION. ANNUAL DISTRIBUTION FROM THE FUNDS SUPPORT THE ORGANIZATION'S ARTISTIC ACTIVITIES AS SPECIFIED IN ITS MISSION STATEMENT (SEE FORM 990, PART III, LINE 1). PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE 23701(D). HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM TRADE OR BUSINESS REGULARLY CARRIED ON AND NOT IN THE FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT RECEIVED INCOME FROM ANY UNRELATED TRADE OR BUSINESS, AND AS SUCH, NO INCOME TAX PROVISION HAS BEEN RECORDED ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FACILITY FEES -1,282,211. PART XI, LINE 4B - OTHER ADJUSTMENTS: WRITE-OFFS 50,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FACILITY FEES 1,282,211. GALA 1303947 1172822 131125 34866 123643 195299 70181 1303947 1172822 131125 34866 123643 195299 70181 423989 -292864 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MEGHAN PRESSMAN CEO/MANAGING DIRECTOR 507540 0 0 0 5588 0 32400 0 15231 0 560759 0 0 0 DOUGLAS BAKER PRODUCING DIRECTOR 292336 0 0 0 15334 0 16724 0 473 0 324867 0 0 0 CHERYL SHEPHERD CHIEF FINANCIAL OFFICER 286978 0 0 0 600 0 8627 0 0 0 296205 0 0 0 SNEHAL DESAI ARTISTIC DIRECTOR 270606 0 0 0 3722 0 0 0 369 0 274697 0 0 0 SARAH SULLIVAN DIRECTOR OF INSTITUTIONAL ADVANCEMENT 264801 0 0 0 400 0 0 0 200 0 265401 0 0 0 SARAH STURDIVANT DIRECTOR OF FINANCE & TECHNOLOGY (THRU 12/15/23) 156227 0 0 0 19390 0 0 0 605 0 176222 0 0 0 CAMILLE SCHENKKAN DEPUTY MANAGING DIRECTOR 164600 0 0 0 600 0 4962 0 200 0 170362 0 0 0 JOSEPH HAMLIN DIRECTOR OF PRODUCTION 161646 0 0 0 0 0 4870 0 672 0 167188 0 0 0 JODY HORWITZ DIRECTOR OF HUMAN RESOURCE 164127 0 0 0 198 0 0 0 672 0 164997 0 0 0 PART I, LINE 1A MEGHAN PRESSMAN WAS REIMBURSED FOR REGISTRATION AND ONGOING MEMBERSHIP DUES AT THE SOHO WAREHOUSE (SOCIAL CLUB). THIS REIMBURSEMENT IS INCLUDED IN HER TAXABLE INCOME. X 22 883186 FMV OF DONATED SECURITIE 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES FORM 990, INCLUDING SCHEDULE B. THE BOARD THEN RECEIVES A COPY OF THE APPROVED FORM 990, WITHOUT SCHEDULE B INCLUDED, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS CIRCULATED ANNUALLY TOGETHER WITH A QUESTIONNAIRE EACH MEMBER MUST COMPLETE, SIGN, AND RETURN TO CENTER THEATRE GROUP. FORM 990, PART VI, SECTION B, LINE 15 PERIODICALLY, THE COMPANY HIRES AN OUTSIDE CONSULTING FIRM TO PROVIDE BENCHMARK DATA USED TO REVIEW COMPENSATION FOR CONTRACTS WITH THE ORGANIZATION'S TOP MANAGEMENT EMPLOYEES AND OTHER KEY EMPLOYEES. HR REGULARLY UTILIZES BENCHMARK DATA AVAILABLE FROM VARIOUS INDUSTRY SOURCES TO REVIEW AND MAKE COMPENSATION RECOMMENDATIONS FOR OTHER KEY EMPLOYEES. THIS INFORMATION IS AVAILABLE FOR THE MANAGING DIRECTOR TO USE WHEN MAKING COMPENSATION DECISIONS. THE BOARD PRESIDENT CHAIRS A COMMITTEE OF INDEPENDENT BOARD MEMBERS TO REVIEW THE COMPENSATION OF THE ARTISTIC DIRECTOR, MANAGING DIRECTOR/CEO, AND CFO. THE INFORMATION GATHERED FROM OUTSIDE SOURCES IS USED TO REVIEW POSITION SALARIES AND COMPARABLE WAGES IN THE INDUSTRY FROM A NATIONAL SURVEY FOR SIMILAR POSITIONS. AN EMPLOYEE CONTRACT WAS LAST REVIEWED ON 7/1/2023 FOR THE TOP MANAGEMENT OFFICIAL. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS REQUIRED TO BE AVAILABLE TO THE PUBLIC ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: WRITE-OFF -50,000.