Tampa Bay Performing Arts Center Foundation Inc

The foundation launched its $100 million "boundless capital campaign" towards the end of its fiscal year 2018/2019 as part of its mission to support the straz center as it continues to grow in the tampa bay region. This campaign is comprised of 2 parts: $80 million master plan expansion project and $20 million to increase endowment. The foundation is collecting campaign pledges and reimbursing the center for master plan expenditures. The master plan commenced its design phase in 2018/2019 with actual construction started in march 2025 and anticipated completion in 2027.(continued on schedule o)through its oversight of long-term assets and the endowment fund, the foundation provided the center financial stability in fiscal year 2023/2024 and helped maintain the center's high standards of excellence and creativity as well as providing patrons the ability to continue to enjoy the center's programs.foundation endowment by the numbers:$66.9 million in gifts and pledges has been committed to the straz center endowment from both the private and public sectors through outright gifts and planned gifts.in 2023/2024, a total of $1.7 million of endowment earnings were distributed to the straz center's operating budget to support artistic excellence, arts education, and our state-of-the-art facilities.impact of the endowment:income from our endowment allows the straz center to provide the highest level of artistic programming while also ensuring that young talent flourishes in our community. It also supports vital capital projects that help the straz center remain an industry standard. Endowment funds provide support through endowment earnings in the areas of artistic excellence, campus improvements, arts education, opera tampa, outreach and community education, arts education scholarships, ticket subsidies, and more. This financial stability allows straz center to advance its mission and impact on the community.artistic excellence:our artistic programming is once again thriving with broadway and our grand opera leading the way at the straz center. Once again, we have our morsani hall crowd thrilled to see a broadway spectacular, a jaeb theater audience enjoying something left of center, and our patel studios full of young actors, dancers and musicians and the next generation's performers.in our fiscal year 2023/2024 (23/24) season, we held 1,394 performances and events, served by 802 annual volunteers dedicating over 63,811 service hours. We extended our outreach to the community in providing 18,500 complimentary tickets.arts education:to us, arts education is not about making new professional artists. It's about giving young people the chance to develop competencies that will help them succeed in school, work, and life; to grow into good citizens and good neighbors; to dream and achieve better futures.the patel conservatory continues to flourish with high enrollment, great attendance at our professionally produced productions and welcomed students from pre-k to golden age. Curriculum includes sequential instruction in music, dance and theater, vocal arts, musical theater, playwriting, improvision and storytelling.placing arts education within reach of all tampa bay students is something we can't do without community donors and support. This year, with your help, conservatory students were served in on-site classes, camps, intensives, and workshops in over 168,825 instruction hours. In addition, over 30,843 regional and national students visited and participated in events or classes at our campus.performance opportunities are an important part of arts education. Patel conservatory students stepped onto straz center stages to showcase their skills in 25 student productions throughout the school year, gaining valuable experiences that reflect professional applications.scholarships:since our scholarship program launched in 2007, millions of dollars have been awarded to deserving students with limited resources - many through endowed scholarship funds established through planned estate gifts. We awarded 521 scholarships totaling $422,391 to help students access the training they desire...all thanks to our donors.the straz center also links students to opportunities to stretch their wings and earn scholarships, by hosting events like youth america grand prix international ballet competition finals, florida thespians festival, and regional broadway star of the future awards.arts education partnership program:we also delivered patel conservatory dance, music and theater curricula and other arts learning experiences to 1,614 tampa bay students in 43 schools and neighborhoods lacking in arts offerings through our arts education partnerships program. Patel conservatory and partnership students also participated in master classes and workshops with professional touring artists, including complexions contemporary ballet; attended dress rehearsals of opera tampa productions; and received opportunities to attend select study-related performances on straz center stages.community engagement:integrated into its campus and community wide offerings, straz center has a firm commitment to community engagement. Our audience development initiatives steer our efforts towards welcoming all in making a community impact. This includes an advisory committee, staff training and voices of the community town halls, arts legacy remix series, focus on related board and hr initiatives to extend our reach to a wide reach of candidates from various sources. In addition, we continue to evolve and expand our program offering our welcoming all footprint around the campus inside and out. Our offerings include relaxed sensory-friendly performances, arts education for special needs students, straz outreach for the remote and immobile assisted listening devices and signed performances, americans with disabilities act (ada) celebration, courtesy wheelchairs, and specialized facility tours. We welcome all our guests to bring forward any suggestions for further focus for our growing welcoming all footprint around the campus.in 23/24 our programs and artists on our stages invited everyone to enjoy cultural contributions. In addition, we also hosted our frequent voices of our community town hall events to provide a welcoming space for sharing stories and experiences with topics ranging from behind-the-scenes professions in the arts and much more, with thousands attending these events.we continue offering our arts and health offerings of lecture series, adult classes, and programs for veterans. Our straz salutes represents our commitment to veterans, first responders and their families including: tickets for veterans and their families, outreaches, military event nights, straz salutes artwork on the riverwalk and military related performances on our stages. The transformative power of the arts as a healing modality is tapped through comprehensive programming for hospitalized and isolated military veterans transitioning to community life, and their caregivers and families. Straz salutes artmaking, discussions, professional and student performances, and public events also help celebrate tampa bay's unique military community.- ticket subsidies - our operation tickets program provides subsidized tickets to individuals, organizations, and schools. Students from participating schools, including the majority of title i schools, use these scholarships to attend different straz center performances related to their classroom studies. The rachel lisi endowed ticket subsidy fund also provides performance tickets to low-income and underserved individuals and families. A total of 18,500 subsidized tickets were distributed in fy 23/24.

In fiscal year 2023/2024, the foundation also carried out its mission in supporting the center through a spending policy distribution from its endowment assets at the community foundation tampa bay.