Form 990 for tax year 2022
Filed by PERFORMING ARTS CENTERS OF KEY WEST INC.
Totals
- Total revenue
- $959,964
- Total expenses
- $984,364
- Contributions and grants received
- $448,766
- Grants paid
- $0
- Program service revenue
- $509,348
- Investment income
- $1,850
- Other revenue
- $0
- Total assets, end of year
- $912,407
- Total liabilities, end of year
- $154,149
- Net assets or fund balances, end of year
- $758,258
- Program services expenses (Part IX)
- $860,436
- Management and general expenses
- $74,764
- Fundraising expenses
- $49,164
- Program service expenses (Part III)
- $860,436
Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$16,000
-
1f · All other contributions, gifts and grants
$432,766
-
2a · Program service revenue: TICKET SALES
total $301,353 · related or exempt $301,353
-
2b · Program service revenue: PRODUCTION REVENUE
total $66,898 · related or exempt $66,898
-
2c · Program service revenue: USER FEES
total $54,116 · related or exempt $54,116
-
2d · Program service revenue: MERCHANDISE SALES
total $43,826 · related or exempt $43,826
-
2e · Program service revenue: PROGRAM ADVERTISING IN
total $43,155 · related or exempt $43,155
-
3 · Investment income
total $1,850 · unrelated business $1,850
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $25,579 · program services $8,526 · management and general $8,526 · fundraising $8,527
-
7 · Other salaries and wages
total $157,404 · program services $124,046 · management and general $16,679 · fundraising $16,679
-
9 · Other employee benefits
total $878 · program services $292 · management and general $293 · fundraising $293
-
10 · Payroll taxes
total $13,928 · program services $9,750 · management and general $2,089 · fundraising $2,089
-
11c · Fees: accounting
total $3,525 · management and general $3,525
-
12 · Advertising and promotion
total $14,873 · program services $14,873
-
13 · Office expenses
total $8,485 · program services $2,253 · management and general $3,980 · fundraising $2,252
-
16 · Occupancy
total $3,328 · program services $1,670 · management and general $829 · fundraising $829
-
19 · Conferences, conventions and meetings
total $139 · fundraising $139
-
20 · Interest
total $543 · program services $543
-
22 · Depreciation, depletion and amortization
total $31,887 · program services $31,887
-
23 · Insurance
total $30,149 · program services $3,954 · management and general $25,579 · fundraising $616
-
24a · Other expenses: EVENT PRODUCTION EXPENS
total $616,917 · program services $603,717 · management and general $6,600 · fundraising $6,600
-
24b · Other expenses: BANK & CREDIT CARD FEES
total $26,506 · program services $19,835 · management and general $59 · fundraising $6,612
-
24c · Other expenses: PROGRAM PRODUCTION EXPE
total $17,098 · program services $17,098
-
24d · Other expenses: CLEANING & MAINTENANCE
total $11,703 · program services $9,846 · management and general $1,857
-
24e · All other expenses
total $21,422 · program services $12,146 · management and general $4,748 · fundraising $4,528
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,752 · end of year $227,506
-
2 · Savings and temporary cash investments
beginning of year $260,081 · end of year $211,567
-
10a · Land, buildings and equipment: cost or other basis
$818,906
-
10b · Land, buildings and equipment: accumulated depreciation
$345,572
-
10c · Land, buildings and equipment, net
beginning of year $505,221 · end of year $473,334
-
17 · Accounts payable and accrued expenses
beginning of year $13,335 · end of year $1,919
-
25 · Other liabilities
beginning of year $9,061 · end of year $152,230
-
27 · Net assets without donor restrictions
beginning of year $782,658 · end of year $758,258
Mission and programs · 2022
Mission
AN ORGANIZATION WHOSE ACTIVITIES BENEFIT THE COLLEGE OF THE FLORIDA KEYS.
Activities or mission (Part I)
TO PROVIDE PERFORMING ARTS TO THE FLORIDA KEYS.
-
OPERATION OF THE TENNESEE WILLIAMS THEATRE (AN ENTITY OF THE COLLEGE OF THE FLORIDA KEYS).
Expenses $860,436 · Revenue $509,348
As filed on the 2022 return.
Listed in Part VII
-
Tom ClementsTOM CLEMENTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Robert HighsmithROBERT HIGHSMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Frank WoodFRANK WOOD
EXECUTIVE DIRECTOR (FORMER
- Total calculated
- $25,579
- From this org
- $25,579
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Jean CarperJEAN CARPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Richard HatchRICHARD HATCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bryan GreenBRYAN GREEN
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Ann ReynoldsANN REYNOLDS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312499349300736
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