Segerstrom Center For The Arts

Organization Overview

Segerstrom Center For The Arts is located in Costa Mesa, CA. The organization was established in 1974. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2020, Segerstrom Center For The Arts employed 752 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Segerstrom Center For The Arts generated $43.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $55.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPING AND OPERATING A MAJOR PERFORMING ARTS CENTER PRESENTING THE FINEST IN PERFORMING ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTER PRESENTATIONS SEGERSTROM CENTER FOR THE ARTS IS ONE OF THE NATIONS PREMIER ARTS ORGANIZATIONS. IT IS A UNIQUE ACHIEVEMENT OF COMMUNITY VISION, INITIATIVE, ARTISTIC ACCOMPLISHMENT AND GENEROSITY KNOWN FOR ITS STUNNING ARCHITECTURE AND TECHNICAL FACILITIES, IMPECCABLE ACOUSTICS AND THE EXCEPTIONAL QUALITY OF THE COMPANIES AND ARTISTS WHO PERFORM HERE. THE CENTER, ORANGE COUNTYS LARGEST NON-PROFIT ARTS ORGANIZATION,OFFERS THE WORLDS LEADING DANCE COMPANIES, BROADWAY SHOWS, AWARD-WINNING CLASSICAL, JAZZ AND CABARET ARTISTS, FAMILY ENTERTAINMENT, SPECIAL EVENTS AND YEAR-ROUND EDUCATIONAL PROGRAMS.


HALL RENTAL OPERATIONS SEGERSTROM CENTER FOR THE ARTS IS ALSO THE HOME OF THREE RESIDENT COMPANIES: PACIFIC SYMPHONY, THE PHILHARMONIC SOCIETY OF ORANGE COUNTY, AND PACIFIC CHORALE. TOGETHER THE RESIDENT COMPANIES HAVE OVER 100 PERFORMANCES A YEAR AT THE CENTER. IN ADDITION TO THE RESIDENT COMPANIES, THE CENTER ALSO RENTS TO OTHER USERS.


COMMUNITY ENGAGEMENT AND EDUCATION PROGRAMS THE CENTER HAS ONE OF THE NATIONS MOST RESPECTED EDUCATION DEPARTMENTS AND A NEW COMMUNITY ENGAGEMENT DEPARTMENT TO SERVE ORANGE COUNTYS DIVERSE COMMUNITIES. THEIR PROGRAMS REACH MORE THAN 360,000 STUDENTS IN ELEMENTARY THROUGH UNIVERSITY LEVELS, EDUCATORS AND FAMILIES WITH PROGRAMS AND EVENTS AT THE CENTER AND IN SCHOOLS AND COMMUNITY EVENTS THROUGHOUT SOUTHERN CALIFORNIA. MANY PERFORMANCES IN FAMILY ORIENTED PRODUCTIONS ARE SENSORY FRIENDLY AND ASL INTERPRETED. THE CENTER IS ALSO HOME TO THE AMERICAN BALLET THEATRE WILLIAM J. GILLESPIE SCHOOL FOR YOUNG DANCERS 3-18 AND STUDIO D: ARTS SCHOOL FOR ALL ABILITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Autumn Smile Us Tour Llc
Broadway Productions
$2,730,258
Buena Vista Theatrical Group Ltd
Broadway Productions
$2,078,711
Phantom Touring Llc
Broadway Productions
$1,909,747
Broadway Across America
Broadway Productions
$2,773,062
Ballet Theatre Foundation Inc
Broadway Productions
$1,664,177
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,669,659
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,559,778
Noncash contributions included in lines 1a–1f $302,093
Total Revenue from Contributions, Gifts, Grants & Similar$10,229,437
Total Program Service Revenue$25,850,887
Investment income $5,149,337
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,674
Net Gain/Loss on Asset Sales $2,024,209
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,264,544

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Segerstrom Center For The Arts has recieved totaling $513,614.

Awarding OrganizationAmount
Kling Family Foundation

Tustin, CA

PURPOSE: CHARITABLE CONTRIBUTION

$160,000
Huang Family Foundation

Newport Beach, CA

PURPOSE: GENERAL SUPPORT

$106,845
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$40,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$40,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,894
Goal Foundation Giving Opportunities For Advancement In L

Glenbrook, NV

PURPOSE: SUPPORT SUMMER CAMP AND MUSICALS AT THE CENTER

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$64,711,890
Earnings$1,553,724
Admin Expense$228,672
Net Contributions$1,040
Other Expense$3,100,000
Ending Balance$62,937,982

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