Old Globe Theatre: $27.7M Revenue, $36.8M Expenses

Old Globe Theatre pulls a D on the efficiency rubric. The composite of 49/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Old Globe Theatre reported $27.7M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Old Globe Theatre holds a moderate reserve position relative to its $36.8M 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. Old Globe Theatre's 2023 revenue is materially below its earlier filings. Officer compensation runs notably high relative to organizational size: $2.2M against $27.7M in revenue. This is one of the factors driving the efficiency grade down on the rubric. Old Globe Theatre 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.