Return of Organization Exempt from Income

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Return of Organization Exempt from Income l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93490135002428 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501 (c), 527, or 4947( a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) 2 00 6_ Department of the Open to Public Treasury -The organization may have to use a copy of this return to satisfy state reporting requirements Inspection Internal Revenue Service A For the 2006 calendar year, or tax year beginning 07 -01-2006 and ending 06 -30-2007 C Name of organization D Employer identification number B Check if applicable Please CENTER THEATRE GROUP 1 Address change use IRS 95-2466183 label or Number and street (or P 0 box if mail is not delivered to street address ) Room/ suite E Telephone number (- Name change print or 601 W Temple St type . See (213 ) 972-7349 F Initial return S p ecific Instruc - City or town, state or country, and ZIP + 4 FAccounting method fl Cash F Accrual (- Final return tions . Los Angeles, CA 90012 Other ( specify) 0- F-Amended return (- Application pending * Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable H and I are not applicable to section 527 organizations trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates? 1 Yes F No H(b) If "Yes" enter number of affiliates 0- G Web site: - www centertheatregroup org H(c) Are all affiliates included? (- Yes F_ No (If "No," attach a list See instructions ) I Organization type (check only one) 1- F 95 501(c) (3) -4 (insert no ) 1 4947(a)(1) or F_ 527 H(d) Is this a separate return filed by an organization K Check here 1- 1 if the organization is not a 509(a)(3) supporting organization and its gross receipts are covered by a group ruling? F Yes F No normally not more than 25,000 A return is not required, but if the organization chooses to file a return, be sure to file a complete return I Group Exemption Number 0- M Check - 1 if the organization is not required to L Gross receipts Add lines 6b, 8b, 9b, and 10b to line 12 0- 50,471,000 attach Sch B (Form 990, 990-EZ, or990-PF) n i Revenue . Expenses . and Chances in Net Assets or Fund Balances (See the instructions.) 1 Contributions, gifts, grants, and similar amounts received a Contributions to donor advised funds la 0 b Direct public support (not included on line 1a) . lb 10,441,000 c Indirect public support (not included on line 1a) . 1c 0 d Government contributions (grants) (not included on line 1a) ld 228,000 10,669,000 e Total (add lines la through 1d) (cash $ 10,631,000 noncash $ 38,000 1e 2 Program service revenue including government fees and contracts (from Part V II, line 93) 2 36,383,000 3 Membership dues and assessments 3 0 4 Interest on savings and temporary cash investments 4 162,000 5 Dividends and interest from securities 5 650,000 6a Gross rents 6a 0 b Less rental expenses 6b 0 c Net rental income or (loss) subtract line 6b from line 6a . 6c 0 W 7 Other investment income (describe - ) 7 0 8a Gross amount from sales of assets (A) Securities (B) Other 16 a other than inventory . 1,683,000 8a 0 b Less cost or other basis and sales expenses 317,000 8b 0 c Gain or (loss) (attach schedule) . 95 1,366,000 Sc 0 d Net gain or (loss) Combine line 8c, colum ns (A) and (B) . 8d 1,366,000 9 Special events and activities (attach schedule) If any amount is from gaming , check here 0-F a Gross revenue (not including $ of contributions reported on line 1b) 9a 726,000 b Less direct expenses other than fundraising expenses . 9b 726,000 c Net income or (loss) from special events Subtract line 9b from line 9a . c 0 10a Gross sales of inventory, less returns and allowances 10a 0 b Less cost of goods sold 10b 0 c Gross profit or (loss) from sales of inventory (attach schedule) Subtract line 10b from line 10a 10c 0 11 Other revenue (from Part VII, line 103) 11 198,000 12 Total revenueAdd lines le, 2, 3, 4, 5, 6c, 7, 8d, 9c, 10c, and 11 . 12 49,428,000 13 Program services (from line 44, column (B)) . 13 41,432,000 14 Management and general (from line 44, column (C)) . 14 4,244,000 u 15 Fundraising (from line 44, column (D)) . 15 2,369,000 4, 16 Payments to affiliates (attach schedule) 16 0 17 Total expenses Add lines 16 and 44, column (A) . 17 48,045,000 ,A 18 Excess or (deficit) for the year Subtract line 17 from line 12 . 18 1,383,000 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 19 49,816,000 20 Other changes in net assets or fund balances (attach explanation) 20 4,779,000 21 Net assets or fund balances at end of year Combine lines 18, 19, and 20 . 21 55,978,000 For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions . Cat No 11282Y Form 990 (2006) Form 990 (2006) Page 2 RIEULEM Statement of All organizations must complete column (A) Columns (B), (C), and (D) are required for section Functional Expenses 501(c)(3) and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others (See the instructions.) Do not include amounts reported on line (B) Program (C) Management (A) Total (D) Fundraising 6b, 8b, 9b, 1Ob, or 16 of Part I. services and general 22a Grants paid from donor advised funds (attach Schedule) (cash $ noncash $ If this amount includes foreign grants, check here F 22a 0 0 22b Other grants and allocations (attach schedule) (cash $ noncash $ If this amount includes foreign grants, check here F 22b 0 0 23 Specific assistance to individuals (attach schedule) 23 0 0 24 Benefits paid to or for members (attach schedule) 24 0 0 25a Compensation of current officers, directors, key employees etc Listed in Part V-A (attach schedule) 25a 1,007,000 409,000 598,000 0 b Compensation of former officers, directors, key employees etc listed in Part V-B (attach schedule) . 25b 0 0 0 0 c Compensation and other distributions not icluded above to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) (attach schedule) 25c 0 0 0 0 26 Salaries and wages of employees not included on lines 25a, b and c 26 16,912,000 14,133,000 1,161,000 1,618,000 27 Pension plan contributions not included on lines 25a, b and c 27 1,158,000 1,007,000 90,000 61,000 28 Employee benefits not included on lines 25a - 27 28 2,434,000 2,179,000 155,000 100,000 29 Payroll taxes 29 1,377,000 1,139,000 116,000 122,000 30 Professional fundraising fees 30 25,000 0 0 25,000 31 Accounting fees 31 60,000 0 60,000 0 32 Legal fees 32 166,000 0 166,000 0 33 Supplies 33 102,000 48,000 46,000 8,000 34 Telephone 34 181,000 70,000 105,000 6,000 35 Postage and shipping 35 448,000 393,000 8,000 47,000 36 Occupancy 36 1,164,000 852,000 312,000 0 37 Equipment rental and maintenance 37 132,000 55,000 75,000 2,000 38 Printing and publications 38 725,000 654,000 2,000 69,000 39 Travel 39 395,000 350,000 34,000 11,000 40 Conferences, conventions, and meetings 40 63,000 14,000 38,000 11,000 41 Interest 41 70,000 59,000 11,000 0 42 Depreciation, depletion, etc (attach schedule) r^+ 42 166,000 0 166,000 0 43 Other expenses not covered above (itemize) a Physical Production Costs 43a 12,973,000 12,973,000 0 0 b Insurance 43b 403,000 245,000 158,000 0 c Promotion and Advertising 43c 3,676,000 3,662,000 0 14,000 d Investment managemnt/adman 43d 205,000 0 205,000 0 e Miscellaneous 43e 4,203,000 3,190,000 738,000 275,000 f 43f g 43g 44 Total functional expenses . Add lines 22a through 43g (Organizations completing columns (B)-(D), carry these totals to lines 13-15) 44 48,045,000 41,432,000 4,244,000 2,369,000 Joint Costs . Check - fl if you are following SOP 98-2 Are any joint costs from a combined educational campaign and fundraising solicitation reported in (B) Program services ' fl Yes 17 No If "Yes," enter ( i) the aggregate amount of these joint costs $ , ( ii) the amount allocated to Program services $ (iii) the amount allocated to Management and general $ , and (iv ) the amount allocated to Fundraising $ Form 990 (2006) Form 990 ( 2006) Page 3 f iii Statement of Program Service Accomplishments (See the instructions.) Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments What is the organization's primary exempt purpose? 0- The Center Theatre Group of Los Angeles is a Program Service nonprofit corporation organized for the purpose of Expenses stimulating and promoting interest in the dramatic (Required for 501(c)(3) and arts (4) orgs , and 4947(a)(1) All organizations must describe their exempt purpose achievements in a clear and concise manner State the number of clients served, trusts, but optional for publications issued, etc Discuss achievements that are not measurable (Section 501(c)(3) and (4) organizations and 4947(a)(1) nonexempt others charitable trusts must also enter the amount of grants and allocations to others ) a See Additional Data Table (Grants and allocations $ If this amount includes foreign grants, check here - fl (Grants and allocations $ If this amount includes foreign grants, check here - fl (Grants and allocations $ If this amount includes foreign grants, check here - fl d (Grants and allocations $ If this amount includes foreign grants, check here - fl e Other program services ( attach schedule) (Grants and allocations $ ) If this amount includes foreign grants, check here F- f Total of Program Service Expenses (should equal line 44, column (B), Program services) 41,432,000 Form 990 (2006) Form 990 (2006) Page 4 Balance Sheets (See the instructions.) Note : Where required, attached schedules and amounts within the description (A) (B) column should be for end-of-year amounts only.
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