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Arts, Culture & Humanities · 2023 Form 990

Center Theatre Group Of Los Angeles: $45.6M Revenue, $58.2M Expenses

Los Angeles, California · EIN 952466183 · Filing year 2023

Center Theatre Group Of Los Angeles reported $45.6M in total revenue, $58.2M in total expenses, and $80.7M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.4M (2.99% of revenue). NonprofitTruth efficiency grade: C (62/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
62/100

Key Facts (2023 Form 990)

Total Revenue
$45.6M
Total Expenses
$58.2M
Total Assets
$80.7M
Reserve Months
16.6 months
Surplus / (Deficit)
$-12,552,268
EIN
952466183
Latest 990 Year
2023
Current-Officer Compensation
$1.4M
Officer Comp % of Revenue
2.99%

The composite efficiency score of 62/100 puts Center Theatre Group Of Los Angeles at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

At $45.6M in 2023 revenue, Center Theatre Group Of Los Angeles sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Center Theatre Group Of Los Angeles holds a moderate reserve position relative to its $58.2M in annual expenses — neither fragile nor a large surplus.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Center Theatre Group Of Los Angeles's 2023 revenue is materially below its earlier filings. Compensation for current officers and key employees runs $1.4M against $45.6M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Center Theatre Group Of Los Angeles sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$45.6M
Revenue
$58.2M
Expenses
$80.7M
Total Assets
$1.4M
Officer Compensation

How Center Theatre Group Of Los Angeles Compares

Center Theatre Group Of Los Angeles earns a NonprofitTruth efficiency grade of C (62/100). That is 6 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 2.99% of total revenue. The organization holds 16.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$58.2M
Total Expenses
Filing year 2023
$1.4M
Officer Compensation
2.99% of revenue
16.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Center Theatre Group Of Los Angeles reported $45.6M in revenue against $58.2M in total functional expenses for filing year 2023, holding roughly 16.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $1.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.99% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Center Theatre Group Of Los Angeles has a NonprofitTruth Efficiency Score of C (62/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Center Theatre Group Of Los Angeles, Donor FAQ

Center Theatre Group Of Los Angeles has a NonprofitTruth Efficiency Score of C (62/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Center Theatre Group Of Los Angeles reports $1.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.99% of the organization's $45.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Center Theatre Group Of Los Angeles reported $45.6M in annual revenue and $58.2M in total expenses for filing year 2023. The organization holds $80.7M in total assets.

Center Theatre Group Of Los Angeles holds approximately 16.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Center Theatre Group Of Los Angeles is a registered 501(c) organization with EIN 952466183, based in Los Angeles, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.