2025-09-29T12:39:18-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2024-01-01 951543396 OLD GLOBE THEATRE OLDG 6192311941 PO BOX 122171 SAN DIEGO CA 921122171 MICHELLE L YEAGER DIRECTOR OF FINANCE 6192311941 2025-09-24 1 0 JANE COLEMAN P01391236 8586271400 2024 2025-03-06 01:10:19Z THE OLD GLOBE TIM SHIELDS PO BOX 122171 SAN DIEGO CA 921122171 34735684 0 X WWW.THEOLDGLOBE.ORG X 1937 CA AS ONE OF THE NATION'S LEADING PROFESSIONAL REGIONAL THEATRES AND ONE OF SAN DIEGO'S LARGEST ARTS INSTITUTIONS, THE TONY AWARD-WINNING OLD GLOBE HAS SERVED THE SAN DIEGO REGION SINCE 1937 WHEN A POPULAR VENUE FOR SHAKESPEARE'S WORK AT THE 1935-36 CALIFORNIA PACIFIC INTERNATIONAL EXPOSITION IN BALBOA PARK WAS ESTABLISHED AS A PERMANENT OPERATION. THE OLD GLOBE PRODUCES A YEAR-ROUND SEASON OF 15 OR MORE PLAYS AND MUSICALS, INCLUDING WORLD PREMIERES, MODERN CLASSICS, NEW WORKS, BROADWAY-BOUND PRODUCTIONS AND THE HIGHLY-REGARDED SUMMER SHAKESPEARE FESTIVAL. IN ADDITION TO THE ARTISTIC PROGRAMMING ON ITS THREE STAGES, WITH AUDIENCE CAPACITIES OF 600/600/250, THE GLOBE OFFERS A WIDE RANGE OF ARTS ENGAGEMENT AND HUMANITIES PROGRAMS THAT CONTRIBUTE TO THE GROWTH AND EDUCATION OF AUDIENCES AND THE COMMUNITY AT LARGE. 45 45 795 1632 0 0 11540624 15862222 14902235 15111736 829208 1919669 421476 267932 27693543 33161559 1169417 871061 0 0 20668737 21501013 425085 522981 2890352 14584368 14091436 36847607 36986491 -9154064 -3824932 74122919 69563987 10017376 9953838 64105543 59610149 X THE MISSION OF THE OLD GLOBE IS TO PRESERVE, STRENGTHEN AND ADVANCE AMERICAN THEATRE BY: CREATING THEATRICAL EXPERIENCES OF THE HIGHEST PROFESSIONAL STANDARDS; PRODUCING AND PRESENTING WORKS OF EXCEPTIONAL MERIT, DESIGNED TO REACH CURRENT AND FUTURE AUDIENCES; ENSURING DIVERSITY AND BALANCE IN PROGRAMMING; PROVIDING AN ENVIRONMENT FOR THE GROWTH AND EDUCATION OF THEATRE PROFESSIONALS, AUDIENCES AND THE COMMUNITY AT LARGE. 0 0 29100927 663261 15196701 THE OLD GLOBE WELCOMED 200,000 ADMISSIONS AND PROGRAM PARTICIPANTS, INCLUDING THOSE WHO ATTENDED OUR FREE ARTS ENGAGEMENT PROGRAMS IN THE COMMUNITY. THE OLD GLOBE PRESENTED 495 PERFORMANCES OF 15 PLAYS IN OUR THREE VENUES IN BALBOA PARK PLUS AT 19 VENUES THROUGHOUT THE SAN DIEGO REGION, INCLUDING IN TIJUANA, B.C., MEXICO. THE OLD GLOBE ANNUALLY EMPLOYS MORE THAN 700 ARTISTS, ARTISANS, AND STAFF MEMBERS, ATTRACTING LEADING NATIONAL THEATRE ARTISTS TO SAN DIEGO AS WELL AS STRENGTHENING THE LOCAL THEATRE SCENE BY HIRING HIGH-CALIBER PROFESSIONALS. OUR ANNUAL ECONOMIC IMPACT FOR SAN DIEGO IS $40.9 MILLION.THE OLD GLOBE'S REACH RADIATES FAR BEYOND SAN DIEGO, WITH 27 PRODUCTIONS HAVING MOVED TO BROADWAY, INCLUDING A GENTLEMAN'S GUIDE TO LOVE AND MURDER, ALMOST FAMOUS, AND MOST RECENTLY, BOB FOSSE'S DANCIN'. ADDING TO THIS REMARKABLE LEGACY, THE HEART OF ROCK & ROLL OPENED AT THE JAMES EARL JONES THEATRE IN APRIL 2024 AND BECAME THE 27TH GLOBE PRODUCTION TO ACHIEVE THE DISTINCTION OF A BROADWAY DEBUT. OUR SOCIAL JUSTICE ROADMAP HAS BEEN HAILED AS AN EXEMPLAR FOR AMERICAN THEATRE, WITH MEASURABLE COMMITMENTS AND REPORTS ON OUR PROGRESS SHARED WITH OUR COMMUNITY.THE OLD GLOBE'S POWERS NEW WORKS FUND SUPPORTED THE NEW COMMISSIONS OF FOUR PLAYWRIGHTS, FUNDED THIRTEEN DEVELOPMENTAL WORKSHOPS, AND SUPPORTED THE 2024 POWERS NEW VOICES FESTIVAL. FIVE PLAYS SHOWCASED IN RECENT POWERS FESTIVALS, INCLUDING UNDER A BASEBALL SKY, AGE OF INNOCENCE, STIR, EXOTIC DEADLY, AND CRIME AND PUNISHMENT A COMEDY, HAVE RECEIVED THEIR WORLD PREMIERE BY THE END OF 2024. THE GLOBE'S ARTS ENGAGEMENT PROGRAMS ARE RECOGNIZED INTERNATIONALLY FOR THEIR INNOVATION, RESPONSIVENESS, AND ABILITY TO CONNECT WITH DIVERSE POPULATIONS. SINCE 2015, THE GLOBE HAS CULTIVATED DEEP RELATIONSHIPS WITH COMMUNITIES ACROSS SAN DIEGO COUNTY TO FOSTER CROSS-CULTURAL AND INTERGENERATIONAL SHARED EXPERIENCES CENTERED ON PARTICIPATORY THEATRE-MAKING. THROUGH 17 PROGRAMS CONDUCTED IN PARTNERSHIP WITH OVER 40 COMMUNITY ORGANIZATIONS, THE GLOBE ENGAGES WITH UNSHELTERED ADULTS, MILITARY SERVICE MEMBERS AND VETERANS, REFUGEE AND IMMIGRANT POPULATIONS, SENIOR CITIZENS, THE NEURODIVERSE COMMUNITY, INCARCERATED ADULTS, JUSTICE- INVOLVED YOUTH, AND TITLE I STUDENTS. THESE ORGANIZATIONS INCLUDE VETERANS VILLAGE, NAVAL BASE SAN DIEGO, FOURTH DISTRICT SENIOR RESOURCE CENTER, SOUTH BAY COMMUNITY SERVICES, LAS COLINAS DETENTION AND REENTRY FACILITY, CENTINELA AND DONOVAN STATE PRISONS, OCEANSIDE PUBLIC LIBRARY, AND MANY MORE. ONE OF OUR MOST POPULAR PROGRAMS IS GLOBE FOR ALL, AN ANNUAL TOURING SHAKESPEARE PRODUCTION THAT SERVES SAN DIEGO COMMUNITIES WITHOUT EASY ACCESS TO PROFESSIONAL THEATRE. IT BRINGS FREE PERFORMANCES, COMMUNITY MEALS, AND THEATRE WORKSHOPS TO 19 LOCAL SCHOOLS, CORRECTIONAL FACILITIES, AND COMMUNITY CENTERS ANNUALLY. FREE STUDENT MATINEES SERVED NEARLY 5,000 YOUNG PEOPLE AND THEIR TEACHERS, INTRODUCING THEM TO THEATRE - MANY FOR THE VERY FIRST TIME.OTHER PROGRAMS FOR YOUTH INCLUDE SCHOOL IN THE PARK, AN IMMERSIVE, MULTI-WEEK PROGRAM FOR ELEMENTARY AND MIDDLE SCHOOLS AT THE GLOBE, PAM FARR SUMMER SHAKESPEARE STUDIO FOR YOUNG ACTORS, THEATRE DESIGN STUDIO, WHICH INTRODUCES YOUNG PEOPLE TO CAREERS IN PRODUCTION, AND CREATIVE YOUTH STUDIO, WHICH GUIDES STUDENTS IN PERFORMANCE, TECHNICAL THEATRE, AND CAREER BUILDING. ALL TOGETHER, THESE PROGRAMS SERVED NEARLY 1,250 STUDENTS IN 2024.THE GLOBE DISTRIBUTED OVER 4,000 FREE TICKETS TO COMMUNITY ORGANIZATIONS, INCLUDING SBCS (FORMERLY SOUTH BAY COMMUNITY SERVICES), COMMUNITY YOUTH ATHLETICS CENTER IN NATIONAL CITY, ELDERHELP OF SAN DIEGO, AND THE USO. 207800 207800 0 THE GLOBE IS COMMITTED TO TRAINING THE ARTISTS OF THE FUTURE. THE OLD GLOBE AND UNIVERSITY OF SAN DIEGO SHILEY GRADUATE THEATRE PROGRAM IS CONSISTENTLY RANKED IN THE TOP TEN INTERNATIONALLY FOR GRADUATE THEATRE PROGRAMS. PROGRAMS FOR DIVERSE DIRECTORS, PLAYWRIGHTS, AND OTHER THEATRE ARTISTS HAVE HELPED TO LAUNCH OR EXPAND CAREERS OF THEATRE ARTISTS THROUGHOUT THE NATION. 29308727 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 283 0 1 795 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 45 45 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X MICHELLE L YEAGER 6192311941 1363 OLD GLOBE WAY SAN DIEGO CA 92101 ALISON VALENTINE BOARD MEMBER 4.00 X 0 0 0 ANN DAVIES PAST CHAIR, EX-OFFICIO 6.00 X 0 0 0 CASSANDRA WEINLEIN BOARD MEMBER 4.00 X 0 0 0 CHRISTIAN BUCKLEY BOARD MEMBER, FINANCE CHAIR 8.00 X 0 0 0 CHRISTINE ROBERTS TRIMBLE BOARD MEMBER 4.00 X 0 0 0 DAPHNE H JAMESON BOARD MEMBER 4.00 X 0 0 0 DAVID JAY OHANIAN BOARD MEMBER 4.00 0.50 X 0 0 0 DEBRA TURNER BOARD MEMBER 4.00 X 0 0 0 DEIRDRA PRICE BOARD MEMBER 4.00 X 0 0 0 DIRK HARRIS BOARD MEMBER 4.00 X 0 0 0 DONALD L COHN PAST CHAIR, EX-OFFICIO 6.00 X 0 0 0 ELAINE BENNETT DARWIN BOARD MEMBER, PHILANTHROPY CHAIR 8.00 X 0 0 0 ELEANOR Y CHARLTON BOARD MEMBER 4.00 X 0 0 0 EVELYN OLSON LAMDEN IMMEDIATE PAST CHAIR 8.00 X 0 0 0 GEORGE S DAVIS BOARD MEMBER 4.00 0.50 X 0 0 0 HAROLD W FUSON JR PAST CHAIR, EX-OFFICIO 6.00 X 0 0 0 JEAN SHEKHTER BOARD MEMBER 4.00 X 0 0 0 JEFF HUGHES BOARD MEMBER 4.00 X 0 0 0 JENNIFER GREENFIELD BOARD MEMBER 4.00 X 0 0 0 JULES ARTHUR BOARD MEMBER 4.00 X 0 0 0 KAREN L SEDGWICK BOARD MEMBER, AUDIT CHAIR 8.00 X 0 0 0 KAREN TANZ BOARD MEMBER 4.00 X 0 0 0 KARIN WINNER BOARD MEMBER 4.00 X 0 0 0 KEVEN LIPPERT BOARD MEMBER 4.00 X 0 0 0 MARGARITA WILKINSON BOARD MEMBER 4.00 X 0 0 0 MARK DELFINO BOARD MEMBER 4.00 1.00 X 0 0 0 MONICA MEDINA BOARD MEMBER 4.00 X 0 0 0 NICOLE A CLAY BOARD MEMBER, NOMINATING CHAIR 8.00 0.50 X 0 0 0 NISHMA HELD BOARD MEMBER 4.00 X 0 0 0 NOELLE NORTON PHD BOARD MEMBER 4.00 X 0 0 0 PAMELA A FARR BOARD MEMBER, INVESTMENT CHAIR 8.00 1.00 X 0 0 0 PAMELA HAMILTON LESTER BOARD MEMBER 4.00 X 0 0 0 PAMELA J WAGNER BOARD MEMBER 4.00 X 0 0 0 PETER LANDIN BOARD MEMBER 4.00 0.50 X 0 0 0 RICH BRENNER BOARD MEMBER 4.00 X 0 0 0 SANDRA REDMAN BOARD MEMBER 4.00 X 0 0 0 SILVIJA DEVINE BOARD MEMBER (THRU 8/24) 4.00 X 0 0 0 SUE SANDERSON BOARD MEMBER 4.00 0.50 X 0 0 0 SUSAN HOEHN BOARD MEMBER 4.00 X 0 0 0 TERRY ATKINSON BOARD MEMBER 4.00 0.50 X 0 0 0 VALERIE ATTISHA BOARD MEMBER 4.00 X 0 0 0 VICKI L ZEIGER PAST CHAIR, EX-OFFICIO 6.00 0.50 X 0 0 0 VLADIMIR VLAD VICTORIO BOARD MEMBER 4.00 X 0 0 0 GEORGE C GUERRA BOARD CHAIR 15.00 0.50 X X 0 0 0 PAULA POWERS SECRETARY 8.00 X X 0 0 0 ANTHONY S THORNLEY TREASURER 8.00 0.50 X X 0 0 0 ALEX ORBOVICH GENERAL MANAGER 40.00 X 145824 0 17247 BARRY EDELSTEIN ARTISTIC DIRECTOR 40.00 X 520531 0 102841 DAVID HENSON DIRECTOR OF MARKETING 40.00 X 207058 0 6212 MICHELLE YEAGER DIRECTOR OF FINANCE 40.00 1.00 X 196341 0 15733 ROBERT DRAKE SENIOR PRODUCER 40.00 X 166412 0 15172 TIM SHIELDS MANAGING DIRECTOR 40.00 1.00 X 498832 0 95501 BENJAMIN THORON PRODUCTION MANAGER 40.00 X 129639 0 18166 BRIDGET CANTU-WEAR DEPUTY DIRECTOR OF PHILANTHROPY 40.00 X 119013 0 13722 DEAN M YAGER INFORMATION TECHNOLOGY DIRECTOR 40.00 X 137493 0 14709 JAMILA Y DEMBY DIRECTOR OF EDIA 40.00 X 121348 0 13569 SANDY PARDE DIRECTOR OF HR 40.00 X 118875 0 4676 2361366 0 317548 18 0 1 0 LES 7 DOIGTS DE LA MAIN 2111 BOUL ST-LAURENT MONTREAL CA H2X 2T5 PERFORMANCES 450114 THE SAN DIEGO UNION-TRIBUNE LLC PO BOX 120191 SAN DIEGO CA 92112 MEDIA 447781 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVE 5TH FLOOR NEW YORK NY 10022 PROFESSIONAL FEES 430500 CONCORD THEATRICALS CORP 250 W 57TH ST 6TH FLOOR NEW YORK NY 10107 PERFORMANCES 347962 AKJOHNSTON 533 S ROSE STREET ANAHEIM CA 92805 EVENT MANAGEMENT 311494 14 1050626 2347667 1538099 10925830 421004 15862222 ADMISSIONS 711310 14125094 14125094 ENHANCEMENT REVENUE 711310 533688 533688 THEATRE TRIPS/DEVELOPMENT 711300 40500 40500 EDUCATIONAL PROGRAMS 611600 24533 24533 TICKET TRADE/SINGLE TICKETS 711300 19062 19062 368859 368859 15111736 1683243 1683243 87493 87493 162533 3493 67281 0 95252 3493 98745 98745 644872 408446 236426 236426 236426 84369 1050626 625245 -540876 -540876 1095723 473153 622570 84965 537605 33161559 15196701 0 2102636 663261 663261 207800 207800 1987703 866326 719534 401843 15537658 13331333 1255270 951055 913930 895648 18282 1571486 1338622 134789 98075 1490236 1263387 133639 93210 46698 3986 42712 271260 271260 60000 60000 522981 522981 59817 59817 1813928 1529280 132501 152147 978883 940974 10420 27489 1191625 478300 653365 59960 487594 16272 471322 919139 919139 734108 613797 120311 492290 464512 16320 11458 22952 11776 9581 1595 1713912 1382409 331503 831348 587426 233953 9969 PRODUCTION 2225201 2225201 CREDIT LOSSES 815717 815717 MAINTENANCE 441388 379467 61921 CATERING 413885 171106 641 242138 571691 142988 110271 318432 36986491 29308727 4787412 2890352 4235074 2444349 1900986 5254235 4906252 3602240 1033861 2040026 175912 199567 856281 967376 50620792 34214999 17633512 16405793 14425590 9694950 28955451 28955451 74122919 69563987 3388780 3621928 6628596 6331910 10017376 9953838 X 25980627 24480103 38124916 35130046 64105543 59610149 74122919 69563987 X -3824932 -71942 -598520 X 0 1 X 1 0 X 10481436 22809383 12222879 11540624 15862222 72916544 2218002 7216267 21515632 15075159 15283762 61308822 12699438 30025650 33738511 26615783 31145984 134225366 4817256 5765591 3963646 6501512 6838651 27886656 0 4817256 5765591 3963646 6501512 6838651 27886656 106338710 300294 209694 666927 1191814 1936762 4305491 300294 209694 666927 1191814 1936762 4305491 76629 290841 754466 809732 923697 2855365 13076361 30526185 35159904 28617329 34006443 141386222 0.75210 0.78040 0.03050 0.02020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CONCESSIONS - 2020 AMOUNT: $ 76,629. 2021 AMOUNT: $ 290,841. 2022 AMOUNT: $ 754,466. 2023 AMOUNT: $ 809,732. 2024 AMOUNT: $ 923,697. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: UNUSUAL GRANT DATE: 12/31/20 AMOUNT: 3500000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 60000 60000 0 PART II-B, LINE 1: LOBBYING FIRM ENGAGED TO LOBBY THE CITY OF SAN DIEGO WITH RESPECT TO THE HISTORICAL BUILDING REQUIREMENTS. 55246164 765186 6493305 2347667 60156988 50912563 355504 6202127 2224030 55246164 56956945 563065 -5699595 907852 50912563 50985347 362920 5863661 254983 56956945 45947528 1053665 4322408 338254 50985347 0.67099 0.25259 0.07642 1 1 1 1750000 1750000 6197185 4149014 2048171 34991647 23576054 11415593 7681960 6489931 1192029 16405793 INVESTMENT IN LIMITED PARTNERSHIP 28955451 28955451 X 38296740 -71942 452220 8699821 9080099 29216641 59817 3885101 3944918 33161559 37881312 452220 3788999 4241219 33640093 59817 3286581 3346398 36986491 PART V, LINE 4: THE ORGANIZATION CONTINUES RAISING FUNDS DIRECTLY FOR THE ENDOWMENT WITH THE INTENT THAT A 5% ANNUAL DRAW WILL COVER THE STRUCTURAL DEFICIT BETWEEN EARNED/CONTRIBUTED REVENUE AND EXPENSE NEEDED TO FULFILL ITS MISSION. PART X, LINE 2: THE OLD GLOBE AND THE TRUST ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE OLD GLOBE MAY BE SUBJECT TO FEDERAL OR STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2024 AND 2023, NO PROVISION FOR SUCH TAXES IS REQUIRED. THE OLD GLOBE HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2024 AND 2023. THE OLD GLOBE AND THE TRUST FILE EXEMPT ORGANIZATION RETURNS IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 473,153. CONSOLIDATED ENDOWMENT REVENUE 7,534,142. SPECIAL EVENTS EXPENSE 625,245. RENTAL EXPENSES 67,281. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONSOLIDATED ENDOWMENT EXPENSES 2,623,320. CONSOLIDATED ELIMINATION ENTRY 663,261. LOSS ON UNCOLLECTIBLE PLEDGE 598,520. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 473,153. CONSOLIDATED ENDOWMENT EXPENSES 2,623,320. SPECIAL EVENTS EXPENSE 625,245. RENTAL EXPENSES 67,281. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONSOLIDATED ENDOWMENT EXPENSES 2,623,320. CONSOLIDATED ELIMINATION ENTRY 663,261. X X X X X X X 1 BENNETT DIRECT INC PO BOX 0015 MILWAUKEE WI 53201 TELEPHONE DONATION SOLICITING 0 163263 84621 78642 LAMARCA HEINRICH STRATEGIC CONSULTING LLC 1441 HAWTHORNE TERRACE BERKELEY CA 94708 CAPITAL CAMPAIGN FEASIBILITY STUDY 0 0 7860 -7860 COMMUNITY COUNSELING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING MANAGEMENT SERVICES 0 0 430500 -430500 163263 522981 -359718 CA GALA 1087341 1022857 64484 110560 328421 141857 SOLSTICE 47654 27769 19885 200 15936 6116 12496 9659 1134995 1050626 84369 200 15936 116676 340917 151516 625245 -540876 1 OLD GLOBE ENDOWMENT TRUST PO BOX 122171 SAN DIEGO CA 921122171 336125358 501(C)(3) 663261 0 GRANT TO SUPPORTING ORGANIZATION TO HOLD AS ENDOWMENT 1 0 UNIVERSITY OF SAN DIEGO, MASTER OF FINE ARTS PROGRAM 21 207800 PART I, LINE 2: GRANTS/STIPENDS ARE GIVEN TO GRADUATE STUDENTS IN AN MFA PROGRAM RUN JOINTLY BY THE UNIVERSITY OF SAN DIEGO AND OLD GLOBE THEATRE. THE STIPENDS' PURPOSE FOR MFA STUDENTS IS TO COVER A PORTION OF MONTHLY LIVING EXPENSES OVER A TWO YEAR COURSE. PART I, LINE 2: GRANTS ARE PAID TO THE OLD GLOBE ENDOWMENT TRUST, WHICH IS A SUPPORTING ORGANIZATION OF THE OLD GLOBE THEATRE, TO HOLD AS ENDOWMENT AND ARE APPROVED BY THE BOARD OF DIRECTORS AND MONITORED BY THE OLD GLOBE THEATRE. X X X 0 1 0 0 0 0 0 1 0 BARRY EDELSTEIN ARTISTIC DIRECTOR 435531 0 85000 0 0 0 83350 0 19491 0 623372 0 0 0 TIM SHIELDS MANAGING DIRECTOR 418832 0 80000 0 0 0 83350 0 12151 0 594333 0 0 0 DAVID HENSON DIRECTOR OF MARKETING 207058 0 0 0 0 0 6212 0 0 0 213270 0 0 0 MICHELLE YEAGER DIRECTOR OF FINANCE 196341 0 0 0 0 0 5934 0 9799 0 212074 0 0 0 ROBERT DRAKE SENIOR PRODUCER 166412 0 0 0 0 0 5099 0 10073 0 181584 0 0 0 ALEX ORBOVICH GENERAL MANAGER 145824 0 0 0 0 0 4543 0 12704 0 163071 0 0 0 DEAN M YAGER INFORMATION TECHNOLOGY DIRECTOR 137493 0 0 0 0 0 4178 0 10531 0 152202 0 0 0 PART I, LINE 4B BARRY EDELSTEIN, AN OFFICER, PARTICIPATED IN A 457(F) PLAN. FOR 2024, THERE WERE CONTRIBUTIONS MADE OF $50,000 AND NO DISTRIBUTIONS. TIMOTHY SHIELDS, AN OFFICER, PARTICIPATED IN A 457(F) PLAN. FOR 2024, THERE WERE CONTRIBUTIONS MADE OF $50,000 AND NO DISTRIBUTIONS. PART I, LINE 7 DISCRETIONARY BONUS PAYMENTS WERE PAID BASED ON PERSONS MEETING GOALS SET BY AND APPROVED BY BOARD OF DIRECTORS. X 28 370214 FMV X FOOD AND BEVERAGE 9 50790 COST 0 0 1 0 SCHEDULE M, PART I, COLUMN (B): THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B), THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 6 ALL PERSONS WHO HAVE PAID THE ANNUAL OR OTHER MEMBERSHIP FEE, WHICH SHALL FROM TIME TO TIME BE PRESCRIBED BY THE BOARD OF DIRECTORS, SHALL BE FULL MEMBERS OF THIS CORPORATION FOR THE PERIOD COVERED BY THE FEE. THERE SHALL BE ONLY ONE CLASS OF MEMBERS, THE RIGHTS AND PRIVILEGES OF WHICH SHALL BE UNIFORM AND EQUAL. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS SHALL HAVE NO PROPERTY RIGHTS IN THE PROPERTY OF THE CORPORATION. MEMBERS SHALL BE ENTITLED TO (I) RECEIVE NOTICE OF THE ANNUAL AND OTHER MEETINGS OF MEMBERS, (II) RECEIVE SUCH FINANCIAL STATEMENTS AND OTHER INFORMATION CONCERNING THE CORPORATION WHICH THE BOARD OF DIRECTORS SHALL ELECT TO DISSEMINATE, (III) ATTEND, PARTICIPATE, AND VOTE AT MEETINGS OF MEMBERS, IN PERSON OR BY PROXY, ONLY FOR DIRECTORS OF THE CORPORATION AND FOR THE NUMBER OF DIRECTORS, IF THE NUMBER IS CHANGED. FORM 990, PART VI, SECTION B, LINE 11B DIRECTOR OF FINANCE (CORPORATE OFFICER) AND TAX PREPARER COMPLETE 990, WHICH IS REVIEWED BY THE MANAGING DIRECTOR. AFTER MANAGEMENT'S APPROVAL OF THE 990, EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED ACCESS TO THE PUBLIC DISCLOSURE COPY OF THE 990 PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND DETERMINED AT THE BOARD OF DIRECTOR AND OFFICERS LEVEL. EACH DIRECTOR AND PRINCIPAL OFFICER ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE OLD GLOBE IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IF A CONFLICT ARISES, THAT BOARD MEMBER CAN NOT VOTE ON THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CONTRACTS FOR THE ARTISTIC AND MANAGING DIRECTORS ARE NEGOTIATED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THEIR PROCESS INCLUDES A PERFORMANCE APPRAISAL, CONSIDERATION OF SALARY SURVEYS OF COMPARABLE INSTITUTIONS, AS WELL AS PEER DISCUSSION WITH BOARDS OF OTHER MAJOR PERFORMING ARTS ORGANIZATIONS. THE MOST RECENT CONTRACT FOR THE MANAGING DIRECTOR COVERS 1/1/21-12/31/25. THE MOST RECENT CONTRACT FOR THE ARTISTIC DIRECTOR COVERS 1/1/21-12/31/25. A WRITTEN SUBSTANTIATION IS HELD IN THE FILES OF THE ORGANIZATION'S INDEPENDENT ATTORNEY. THE SALARY OF THE DIRECTOR OF FINANCE IS APPROVED BY THE EXECUTIVE COMMITTEE. THE MANAGING DIRECTOR USES THE ORGANIZATION'S FORMAL APPRAISAL PROCESS, ON-GOING EVALUATIONS, AND COMPARABILITY INFORMATION FROM THE ANNUAL THEATRE COMMUNICATIONS GROUP SALARY SURVEY FOR EACH CORPORATE OFFICER AND/OR KEY EMPLOYEE. POSITIONS INCLUDE GENERAL MANAGER, SENIOR PRODUCER, DIRECTOR OF ARTS ENGAGEMENT, DIRECTOR OF PHILANTHROPY, DIRECTOR OF HUMAN RESOURCES, DIRECTOR OF MARKETING AND COMMUNICATIONS, DIRECTOR OF FINANCE, AND DIRECTOR OF EDIA. THIS ANNUAL PROCESS HAS BEEN IN PLACE SINCE YEAR-BEGINNING 2004. CONTEMPORANEOUS SUBSTANTIATION IS A FINAL NEW SALARIES DOCUMENT WHICH IS SIGNED BY THE MANAGING DIRECTOR AND DIRECTOR OF HUMAN RESOURCES, THEN FORWARDED TO HUMAN RESOURCES AND PAYROLL FOR IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGE -598,520. OLD GLOBE ENDOWMENT TRUST PO BOX 122171 SAN DIEGO CA 921122171 336125358 SUPPORTING THE OLD GLOBE THEATRE'S PROGRAMS CA 501(C)(3) 12A OLD GLOBE THEATRE 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 OLD GLOBE ENDOWMENT TRUST C 2347667 CASH OLD GLOBE ENDOWMENT TRUST B 663261 CASH