Segerstrom Center For The Arts: $124.1M Revenue, $85.5M Expenses
Costa Mesa, California · EIN 237287150 · Filing year 2023
Segerstrom Center For The Arts reported $124.1M in total revenue, $85.5M in total expenses, and $511.9M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.5M (1.23% of revenue). NonprofitTruth efficiency grade: C (59/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $124.1M
- Total Expenses
- $85.5M
- Total Assets
- $511.9M
- Reserve Months
- 71.8 months
- Surplus / (Deficit)
- $38.6M
- EIN
- 237287150
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $1.5M
- Officer Comp % of Revenue
- 1.23%
The composite efficiency score of 59/100 puts Segerstrom Center For The Arts 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).
Annual revenue at Segerstrom Center For The Arts runs $124.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Reserves are the limiting factor: Segerstrom Center For The Arts carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.
Five-year revenue trajectory is strongly positive: Segerstrom Center For The Arts has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: Segerstrom Center For The Arts reports $1.5M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $124.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Segerstrom Center For The Arts 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.
How Segerstrom Center For The Arts Compares
Segerstrom Center For The Arts earns a NonprofitTruth efficiency grade of C (59/100). That is 3 points above the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 1.23% of total revenue. The organization holds 71.8 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Segerstrom Center For The Arts reported $124.1M in revenue against $85.5M in total functional expenses for filing year 2023, holding roughly 71.8 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 $1.5M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.23% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Segerstrom Center For The Arts has a NonprofitTruth Efficiency Score of C (59/100), 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.
Segerstrom Center For The Arts, Donor FAQ
Segerstrom Center For The Arts has a NonprofitTruth Efficiency Score of C (59/100), 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.
Segerstrom Center For The Arts reports $1.5M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.23% of the organization's $124.1M 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.
Segerstrom Center For The Arts reported $124.1M in annual revenue and $85.5M in total expenses for filing year 2023. The organization holds $511.9M in total assets.
Segerstrom Center For The Arts holds approximately 71.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.
Segerstrom Center For The Arts is a registered 501(c) organization with EIN 237287150, based in Costa Mesa, California. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
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.