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California · Nonprofit

SAN DIEGO THEATRES INC

SAN DIEGO THEATRES INC (California) receives grants from 1 organization whose IRS filings report $15,500 to it, the largest being JEWISH COMMUNITY FOUNDATION OF SAN DIEGO ($15,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$15M
Funders on record
1
Grants received
$16k
Net assets
$20M
0/1 repeat funders
01What it does

What San Diego Theatres Inc does

Mission

San Diego Theatres, Inc. (SDTI) is a not-for-profit public benefit corporation established to manage and operate publicly owned performing arts theatres. SDTI was established in 2003 by the San Diego Convention Center Corporation (SDCCC), as an operating unit of SDCCC. In 2012, SDTI became a free-standing, non-profit public benefit corporation under amended and restated Articles of Incorporation and Bylaws. SDTI markets, operates, and maintains the Civic Theatre and the Balboa Theatre.The Civic Theatre was constructed by the City of San Diego (City) on land owned by the City and includes a 2,967-seat performing arts theatre as well as a central HVAC plant (Central Power). The Civic Theatre is operated by SDTI under terms of a 50-year lease agreement with the City (Note 9).THE BALBOA THEATRE IS 1,339-SEAT PERFORMING ARTS THEATRE OWNED BY THE CITY OF SAN DIEGO, AND WAS RE-OPENED IN JANUARY 2008 FOLLOWING A $26.5 MILLION RESTORATION AND REHABILITATION. SDTI OPERATES THE BALBOA THEATRE UND

As stated on its FY2025 Form 990.

Program

  1. The civic theatre is san diego's highest attended performing arts venue in san diego. It is the performing home to broadway san diego, a nederlander presentation, as well as the san diego opera. Beyond its own series of self-presented events, its venues also showcase highly regarded music artists and comedians through partnerships with other presenters such as goldenvoice, aeg, live nation, outback presents and nederlander concerts. The theatre hosts a diverse schedule of cultural, theatrical and musical productions as well as formal assemblies, meetings, and community gatherings. The historic balboa theatre hosts diverse programming that serves a wide range of community interests. In addition to such popular contemporary entertainment as comedians and concerts, the balboa theatre is extensively used by such local non-profit organizations as classics 4 kids, golden state ballet, la jolla music society, san diego ballet, our lady of peace and san diego gay men's chorus.

    $8,769,898 spent$14,091,950 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,769,898.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($8.1M) Expenses 100 ($7.6M) Net assets 100 ($5.6M)2018 Revenue 130 ($11M) Expenses 115 ($8.7M) Net assets 132 ($7.4M)2019 Revenue 142 ($11M) Expenses 133 ($10M) Net assets 158 ($8.9M)2020 Revenue 95 ($7.7M) Expenses 119 ($9.0M) Net assets 136 ($7.6M)2021 Revenue 44 ($3.5M) Expenses 51 ($3.9M) Net assets 130 ($7.3M)2022 Revenue 137 ($11M) Expenses 91 ($6.9M) Net assets 204 ($11M)2023 Revenue 143 ($12M) Expenses 132 ($10.0M) Net assets 234 ($13M)2024 Revenue 185 ($15M) Expenses 153 ($12M) Net assets 297 ($17M)2025 Revenue 183 ($15M) Expenses 157 ($12M) Net assets 350 ($20M)
'17'18'19'20'21'22'23'24'25
Revenue (183)Expenses (157)Net assets (350)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $18M to $25M (+34%).

$10M
$13M
$15M
$12M
$13M
$18M
$25M
$25M
$29M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2020 4% · 2021 95% · 2022 43% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of SAN DIEGO THEATRES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$526k
’17
$1.8M
’18
$1.4M
’19
−$1.3M
’20
−$351k
’21
$4.2M
’22
$1.6M
’23
$3.4M
’24
$2.9M
’25
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Carol Wallace

President & CEO

Board chair

Joseph Martinez

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed141414191821202127
Joined·+1+4+5+2+5+2+2+8
No longer listed·14032312
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $52k from one payer (the payer shares this organization's board, largest The San Diego Foundation). These are real filings, and they are not money SAN DIEGO THEATRES INC raised.

From the IRS filings of SAN DIEGO THEATRES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of SAN DIEGO THEATRES INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $16k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SAN DIEGO THEATRES INC holds deeper cash reserves than three-quarters of the 550 arts & culture nonprofits its size.

Operating margin20% · above the median
Months of reserve10.9mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025

Organizations like SAN DIEGO THEATRES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 26%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for SAN DIEGO THEATRES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SAN DIEGO THEATRES INC?
SAN DIEGO THEATRES INC (California) receives grants from 1 organization whose IRS filings report $15,500 to it, the largest being JEWISH COMMUNITY FOUNDATION OF SAN DIEGO ($15,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SAN DIEGO THEATRES INC have?
IRS filings report 1 organization giving $15,500 in grants to SAN DIEGO THEATRES INC.
Who is the largest funder of SAN DIEGO THEATRES INC?
JEWISH COMMUNITY FOUNDATION OF SAN DIEGO is the largest funder on record, with $15,500 in grants. The full list of funders is on this page.
How can an organization like SAN DIEGO THEATRES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing