NonprofitsSarasota Performing Arts Center Foundation Inc

Sarasota Performing Arts Center Foundation Inc

SARASOTA, FL

Total revenue

$7.6M

Total expenses

$4.9M

Net assets

$19.2M

Grants received

$5.0M

93 grants

EIN

592807055

Tax year

2023

Mission

The sarasota performing arts foundation's mission is to be a preeminent destination for the performing arts in the nation by offering extraordinary cultural and educational experiences that enrich our community, inspire minds, and manifest the power of the arts. The foundation has partnered with the van wezel performing arts hall since 1987 to support arts education throughout our region. It serves up to 50,000 students and their families annually through the provision of enriching arts-based education opportunities and professional development for more than 400 teachers across five counties. The sarasota performing arts foundation is leading the vision to build a new sarasota performing arts center in partnership with the city, and in collaboration with the bay park conservancy and van wezel performing arts hall.

Programs

2 programs

Additionally, the foundation provides grants to the van wezel performing arts hall to support its education programs and to local teachers via the appleton award and merit scholarship

Expenses: $600KGrants: $600K

On september 6, 2018, the sarasota city commission approved the bayfront master plan with a new performing arts center at the heart of the bay park that will become the nexus of performing arts in our region for generations to come. The foundation and the city of sarasota have had a thriving cultural partnership for over three decades. On april 4, 2022, the foundation's partnership role expanded with the sarasota city commission approving the execution of a partnership agreement for the planning, financing, design, and construction of the new sarasota performing arts center. Together, both parties have laid the necessary groundwork-surveys, feasibility studies, engineering studies, and cost estimates. The new performing arts center will be more than a building. As a financially robust, year-round civic asset, sarasota performing arts center will enhance sarasota's reputation as a regional, national, and international cultural destination. The building program is committed to accessibility and universal design that can be used by everyone and will include a 2,200-seat main stage including center aisle(s), 300-seat flexible performance space, education and life long learning spaces, multiple outdoor public performing spaces, and technology that will allow performances to be simulcast into the park.

Expenses: $2.1M

Financials

FY 2023

Revenue

Contributions & grants$7.0M
Program service revenue
Investment income$877K
Other revenue
Total revenue$7.6M

Expenses

Grants paid$600K
Salaries & benefits$1.4M
Fundraising$667K
Other expenses$2.9M
Total expenses$4.9M
Total assets$19.9M
Net assets$19.2M

People

26 listed

NameRoleCompensation

MARK COLE

CHIEF ADVANCEMT OFFCR THRU SEPT 2023

Board

$183K

40 hrs/wk

LAURA HENNESSEY

COO THRU JUNE 2023

Board

$122K

40 hrs/wk

CHERYL MENDELSON

CEO THRU MAY 2023

Board

$90K

40 hrs/wk

DAVID KOFFMAN

DIRECTOR

Board

2 hrs/wk

LING MARKOWITZ

DIRECTOR

Board

2 hrs/wk

MICHAEL MARTELLA

DIRECTOR

Board

2 hrs/wk

DR JOHN MAUPIN

DIRECTOR

Board

2 hrs/wk

KARL NEWKIRK

DIRECTOR

Board

2 hrs/wk

ROCHELLE NIGRI

DIRECTOR

Board

2 hrs/wk

DRAYTON SAUNDERS

DIRECTOR

Board

2 hrs/wk

GERALD BILLER

DIRECTOR

Board

2 hrs/wk

MICHAEL WILSON

DIRECTOR

Board

2 hrs/wk

JAMES TRAVERS

CHAIR

Board

3 hrs/wk

DR JENNE BRITELL

VICE CHAIR

Board

3 hrs/wk

VERN CHALFANT

TREASURER

Board

3 hrs/wk

JULIE HARRIS

SECRETARY

Board

3 hrs/wk

TANIA CASTROVERDE MOSKALENKO

CEO EFF. FEB 2024

Board

40 hrs/wk

NANCI ROSS-WEAVER

DIRECTOR

Board

2 hrs/wk

CHAD CAMPBELL

DIRECTOR

Board

2 hrs/wk

MARK FAMIGLIO

DIRECTOR

Board

2 hrs/wk

SHARON HILLSTROM

DIRECTOR

Board

2 hrs/wk

MICHELE HOOPER

DIRECTOR

Board

2 hrs/wk

DR JAIH JACKSON

DIRECTOR

Board

2 hrs/wk

SHANNON RODDY

VICE PRESIDENT

Staff

$167K

40 hrs/wk

KELLI MALDONADO

EXECUTIVE DIRECTOR

Staff

$146K

40 hrs/wk

SUZANNE HUDSON-SMITH

DIR. LEADERSHIP GIVING THRU OCT 2023

Staff

$102K

40 hrs/wk

Independent contractors

PARATUS GROUP II INC

CONSULTING

$839K

KIMLEY-HORN AND ASSOCIATES

CONSULTING

$153K

INVISIBLE VENTURES LLC

CONSULTING

$149K

WILLIAMS PARKER HARRISON DIETZ & GETZEN

LEGAL SERVICES

$117K

RUSSELL REYNOLDS ASSOCIATES INC

EXECUTIVE RECRUITMENT

$108K

Grants received

Showing 93 of 93

FromAmountPurposeYear
$50K
ARTS, CULTURE
2024
$25K
THE GALA FOR THE SARASOTA PERFORMING ARTS CENTER
2024
$20K
ARTS AND CULTURE
2024
$10K
ARTS AND HUMANITIES
2024
$10K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
GENERAL SUPPORT
2024
$6K
TO SUPPORT CHARITABLE MISSION OF THE ORGANIZATION
2024
$5K
GALA PADDLE RAISE: ARTS EDUCATION - MR STEVEY & FRIENDS PROGRAM
2024
$280K
General support for programs, operations and other charitable purposes
2023
$145K
For grant recipient's exempt purposes
2023
$66K
GENERAL SUPPORT, PROGRAM SUPPORT
2023
$50K
ARTS, CULTURE
2023
$40K
PUBLIC, SOCIETAL BENEFIT
2023
$21K
CAPITAL CAMPAIGN
2023
$16K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$15K
ARTS AND CULTURE
2023
$14K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$12K
ARTS AND HUMANITIES
2023
$10K
To sponsor free tickets for early learning and K-12 teachers to attend a performance of 'Bored Teachers' on October 13.
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$7K
TO SUPPORT THE ARTS
2023
$6K
CULTURE & ARTS
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$4K
GENERAL SUPPORT
2023
$271K
General Operating Support, support for Sarasota Performing Arts Center, support for SPAC Capital Campaign
2022
$139K
For grant recipient's exempt purposes
2022
$100K
GENERAL OPERATING SUPPORT
2022
$38K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
GENERAL SUPPORT, PROGRAM SUPPORT
2022
$25K
INSPIRATION GALA FOR THE SARASOTA PERFORMING ARTS CENTER
2022
$25K
ARTS AND CULTURE
2022
$15K
PERFORMING ARTS
2022
$15K
FOR GENERAL SUPPORT
2022
$15K
GENERAL OPERATING SUPPORT
2022
$14K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
UNRESTRICTED
2022
$7K
TO SUPPORT THE ARTS
2022
$5K
CHARITABLE CONTRIBUTION
2022
$175K
For grant recipient's exempt purposes
2021
$175K
For grant recipient's exempt purposes
2021
$96K
GENERAL SUPPORT, PROGRAM SUPPORT
2021
$90K
General operating support, Gala Support (no tickets or benefits).
2021
$90K
General operating support, Gala Support (no tickets or benefits).
2021
$19K
PUBLIC, SOCIETAL BENEFIT
2021
$14K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2021
$13K
CULTURE & ARTS
2021
$11K
CHARITABLE CONTRIBUTION
2021
$11K
PROGRAM SUPPORT
2021
$10K
2021-2022 FUNDING
2021
$6K
For recipient's exempt purpose
2021
$5K
GENERAL OPERATING
2021
$132K
For grant recipient's exempt purposes
2020
$85K
GENERAL OPERATING SUPPORT
2020
$56K
CAPITAL PURCHASES, GENERAL SUPPORT, PROGRAM SUPPORT
2020
$14K
Unrestricted
2020
$14K
PUBLIC, SOCIETAL BENEFIT
2020
$11K
CHARITABLE CONTRIBUTION
2020
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$6K
TO SUPPORT THE ARTS
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$5K
2020-2021 FUNDING
2020
$204K
GENERAL SUPPORT, PROGRAM SUPPORT
2019
$183K
ARTS AND CULTURE
2019
$115K
GENERAL OPERATING SUPPORT
2019
$72K
For grant recipient's exempt purposes
2019
$28K
TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE
2019
$11K
CHARITABLE CONTRIBUTION
2019
$8K
PROGRAM SUPPORT
2019
$6K
PUBLIC, SOCIETAL BENEFIT
2019
$67K
ARTS AND CULTURE
2018
$53K
For grant recipient's exempt purposes
2018
$22K
GENERAL OPERATING SUPPORT
2018
$20K
TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE
2018
$11K
CHARITABLE CONTRIBUTION
2018
$7K
PUBLIC, SOCIETAL BENEFIT
2018
$74K
ARTS AND CULTURE
2017
$36K
GENERAL OPERATING SUPPORT
2017
$25K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$9K
PROGRAM SUPPORT
2017

Funded by

$5.0M from 32 funders · 93 grants · 2017–2024

Gulf Coast Community Foundation Inc

$1.3M · 7 grants · 2017–2023

The Chicago Community Trust

$989K · 8 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$916K · 8 grants · 2017–2023

The Community Foundation Of Sarasota Co

$447K · 5 grants · 2019–2023

American Endowment Foundation

$215K · 4 grants · 2022–2024

Donor Advised Charitable Giving Inc

$124K · 6 grants · 2018–2023

Woman's Exchange Inc Of Sarasota

$105K · 3 grants · 2022–2024

Details

EIN592807055
Subsection03
Ruling date1988-05
Formed1987
Employees15
Volunteers30
SARASOTA PERFORMING ARTS CENTER FOUNDATION INC — Mission, Financials & Grants Received | Grantivo