Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,870,455

• 1e · Government grants (contributions)

  $15,211,023

• 1f · All other contributions, gifts and grants

  $3,792,333

• 1g · Noncash contributions included above

  $200,000

• 2a · Program service revenue: PROGRAMMING REVENUES

  total $14,418,383 · related or exempt $14,418,383

• 2b · Program service revenue: VENUE RENTAL REVENUE

  total $5,322,161 · related or exempt $5,322,161

• 2c · Program service revenue: BOX OFFICE FEES

  total $3,767,707 · related or exempt $3,767,707

• 3 · Investment income

  total $480,375 · excluded $480,375

• 7a · Gross sales of assets other than inventory

  securities $8,930,961

• 7b · Less cost or other basis and sales expenses

  securities $5,519,571

• 7c · Gain or loss

  securities $3,411,390

• 7d · Net gain or loss

  total $3,411,390 · excluded $3,411,390

• 11a · Other revenue: OTHER REVENUE

  total $1,799,127 · related or exempt $1,799,127

• 11e · Other revenue, total

  $1,799,127

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $715,243 · management and general $715,243

• 7 · Other salaries and wages

  total $13,606,082 · program services $10,596,923 · management and general $2,239,919 · fundraising $769,240

• 8 · Pension plan contributions

  total $225,149 · management and general $225,149

• 9 · Other employee benefits

  total $1,897,318 · program services $667,939 · management and general $1,085,550 · fundraising $143,829

• 10 · Payroll taxes

  total $741,725 · program services $511,224 · management and general $172,543 · fundraising $57,958

• 11a · Fees: management

  total $1,387,911 · program services $581,647 · management and general $721,874 · fundraising $84,390

• 11b · Fees: legal

  total $10,018 · management and general $10,018

• 11c · Fees: accounting

  total $93,350 · management and general $93,350

• 11d · Fees: lobbying

  total $42,180 · management and general $42,180

• 11f · Fees: investment management

  total $108,534 · management and general $108,534

• 11g · Fees: other

  total $1,212,301 · program services $750,405 · management and general $416,899 · fundraising $44,997

• 12 · Advertising and promotion

  total $2,277,204 · program services $1,708,519 · management and general $498,626 · fundraising $70,059

• 13 · Office expenses

  total $1,904,117 · program services $1,391,158 · management and general $227,515 · fundraising $285,444

• 16 · Occupancy

  total $2,054,415 · program services $2,054,415

• 17 · Travel

  total $499,104 · program services $345,616 · management and general $129,637 · fundraising $23,851

• 19 · Conferences, conventions and meetings

  total $49,964 · management and general $41,092 · fundraising $8,872

• 20 · Interest

  total $511 · program services $511

• 22 · Depreciation, depletion and amortization

  total $1,165,163 · management and general $1,165,163

• 23 · Insurance

  total $1,031,843 · program services $1,031,843

• 24a · Other expenses: EVENT EXPENSES

  total $12,595,050 · program services $12,417,579 · management and general $131,593 · fundraising $45,878

• 24b · Other expenses: SECURITY

  total $2,431,128 · program services $2,431,128

• 24c · Other expenses: MAINTENANCE AND REPAIRS

  total $2,348,067 · program services $2,348,067

• 24d · Other expenses: MIAMI-DADE COUNTY COMMI

  total $1,902,273 · program services $1,902,273

• 24e · All other expenses

  total $2,598,725 · program services $1,233,563 · management and general $1,165,162 · fundraising $200,000

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $26,869,395 · end of year $5,398,285

• 2 · Savings and temporary cash investments

  beginning of year $4,000,000 · end of year $4,000,000

• 3 · Pledges and grants receivable

  beginning of year $415,125 · end of year $424,554

• 4 · Accounts receivable

  beginning of year $2,006,931 · end of year $4,157,748

• 9 · Prepaid expenses and deferred charges

  beginning of year $750,240 · end of year $886,317

• 10a · Land, buildings and equipment: cost or other basis

  $15,041,578

• 10b · Land, buildings and equipment: accumulated depreciation

  $12,227,845

• 10c · Land, buildings and equipment, net

  beginning of year $4,000,654 · end of year $2,813,733

• 11 · Investments: publicly traded securities

  beginning of year $5,011,132 · end of year $26,699,582

• 14 · Intangible assets

  beginning of year $174,365 · end of year $147,614

• 15 · Other assets

  beginning of year $15,364,979 · end of year $14,366,209

• 17 · Accounts payable and accrued expenses

  beginning of year $2,843,203 · end of year $3,416,496

• 19 · Deferred revenue

  beginning of year $7,491,010 · end of year $7,432,987

• 25 · Other liabilities

  beginning of year $16,028,065 · end of year $15,638,437

• 27 · Net assets without donor restrictions

  beginning of year $25,703,289 · end of year $24,669,330

• 28 · Net assets with donor restrictions

  beginning of year $6,527,254 · end of year $7,736,792

The filer's explanations (Part III)

PART I, LINE 7

NON-FIXED DISCRETIONARY BONUS WAS PAID AT THE DISCRETION OF THE CEO/BOARD.