Skip to content
Nonprofiteer
← FOUNDATION FOR THE MCKNIGHT CENTER FOR THE PERFORMING ARTS

Form 990 for tax year 2024

Filed by FOUNDATION FOR THE MCKNIGHT CENTER FOR THE PERFORMING ARTS.

Totals

Total revenue
$3,427,077
Total expenses
$5,652,712
Contributions and grants received
$1,520,129
Grants paid
$0
Program service revenue
$1,806,018
Investment income
$100,930
Other revenue
$0
Total assets, end of year
$64,001,575
Total liabilities, end of year
$2,373,002
Net assets or fund balances, end of year
$61,628,573
Program services expenses (Part IX)
$4,345,413
Management and general expenses
$779,516
Fundraising expenses
$527,783
Program service expenses (Part III)
$4,345,413

Program services were 76.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ROSS MCKNIGHT

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • CARL THOMA

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • GARY CLARK

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • DAWN BARNARD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BLAIRE ATKINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOE HALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BILLIE MCKNIGHT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JIM HESS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KAYSE SHRUM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK BLAKEMAN

    EXECUTIVE DIRECTOR

    Total calculated
    $288,497
    From this org
    $261,060
    From related orgs
    $0
    Other
    $27,437
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,060
    Bonus
    $30,000
    Other
    $0
    Deferred
    $15,956
    Nontaxable benefits
    $11,481
    Filer's total
    $288,497

  • LANELL DAVIS

    DIRECTOR OF FINANCE

    Total calculated
    $116,205
    From this org
    $98,805
    From related orgs
    $0
    Other
    $17,400
    Hours/week
    40

  • JESSICA NOVAK

    DIRECTOR OF MARKETING

    Total calculated
    $109,191
    From this org
    $102,572
    From related orgs
    $0
    Other
    $6,619
    Hours/week
    40

  • SVANO ASCANI

    DIRECTOR OF ARTISTIC OPERATIONS

    Total calculated
    $117,827
    From this org
    $105,805
    From related orgs
    $0
    Other
    $12,022
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE DIRECTOR WORKS UNDER THE TERMS OF A MULTI-YEAR EMPLOYMENT AGREEMENT, WHERE ANNUAL PAY RAISES HAVE BEEN PRE-DETERMINED BY THE BOARD CHAIRMAN, IN CONSULTATIONS WITH OTHER TRUSTEES, BY UTILIZING RESEARCH OF 990'S OF SIMILAR ORGANIZATIONS AS WELL AS INDUSTRY SALARY DATA STUDIES THAT THE MCKNIGHT CENTER HAS PARTICIPATED IN PREVIOUSLY. SALARY SURVEYS THROUGH THE INTERNATIONAL ASSOCIATION OF VENUE MANAGERS (IAVM) AND AMERICAN PERFORMING ARTS PRESENTERS (APAP) ORGANIZATIONS HAVE BEEN UTILIZED PREVIOUSLY.
PART I, LINE 7
THE EXECUTIVE DIRECTOR HAS A PERCENTAGE ALLOWANCE STATED IN THEIR EMPLOYMENT CONTRACT (UP TO 15% OF BASE SALARY) AND THE BOARD CHAIR MAKES THE FINAL DETERMINATION EACH YEAR AS TO WHETHER A BONUS IS PAID OUT AND THE AMOUNT OF THAT BONUS. THE EXECUTIVE DIRECTOR DETERMINES BONUSES FOR STAFF. THE BONUS AMOUNT WAS DETERMINED BY THE COLLECTIVE FINANCIAL SUCCESS OF THE TEAM FOR THE YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611359349303646

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.