SARASOTA PERFORMING ARTS CENTER FOUNDATION INC

As filed

Subsection

03

Classification

1000

Street

201 COCOANUT AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE FOUNDATION USES ARTS STRATEGIES AND PRACTICES A TO SUPPORT ACADEMIC SUCCESS, COMMUNITY ENGAGEMENT, AND MENTAL AND PHYSICAL WELL BEING IN THE COMMUNITY THROUGH ITS MISSION & IMPACT DEPARTMENT. THIS IS ACCOMPLISHED THROUGH ARTIST IN RESIDENCY PROGRAMS, MULTIGENERATIONAL FAMILY PROGRAMS, AND ARTS AND WELLNESS ACTIVITITES. OVER 1,000 FAMILY MEMBERS ARE SERVED THROUGH MULTIGENERATIONAL ARTS PROGRAMMING.

  Expenses $806,918

• ADDITIONALLY, THE FOUNDATION PROVIDES GRANTS TO THE VAN WEZEL PERFORMING ARTS HALL TO SUPPORT ITS EDUCATION PROGRAMS AND TO LOCAL TEACHERS THROUGH PROFESSIONAL DEVELOPMENT. THIS INCLUDES FUNDING FOR TICKETS AND BUSING FOR 25,000 STUDENTS TO ATTEND SCHOOLTIME PERFORMANCES ANNUALLY; FUNDING FOR TEACHERS TO SUPPLEMENT THE STUDENTS' EXPERIENCE IN THE CLASSROOM USING ARTS INTEGRATIVE LEARNING TECHNIQUES; FUNDING FOR MASTER CLASSES FOR TEACHERS; AND FUNDING FOR YOUTH, FAMILIES, SENIORS, MILITARY FAMILIES AND INDIVIDUALS TO SEE, EXPERIENCE AND PARTICIPATE IN LIVE SHOWS AND EVENTS.

  Expenses $525,885 · Grants $525,885

• 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 MULTIPURPOSE SPACE, EDUCATION AND LIFELONG LEARNING SPACES .

  Expenses $3,607,680

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,801,721

  Expenses

  $6,388,399

  Contributions

  $2,422,151

  Grants paid

  $525,885

• 2023

  Revenue

  $7,586,178

  Expenses

  $4,935,616

  Contributions

  $7,019,336

  Grants paid

  $599,654

• 2022

  Revenue

  $4,405,932

  Expenses

  $5,627,545

  Contributions

  $4,194,151

  Grants paid

  $766,685

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $4,442,648

  Expenses

  $3,805,384

  Assets (EOY)

  $17,058,536

• 2020 · 990

  Revenue

  $3,231,495

  Expenses

  $2,603,413

  Assets (EOY)

  $17,775,293

• 2017 · 990

  Revenue

  $2,774,406

  Expenses

  $2,023,218

  Assets (EOY)

  $16,028,584

• 2016 · 990

  Revenue

  $11,996,932

  Expenses

  $1,663,702

  Assets (EOY)

  $15,165,571

• 2015 · 990

  Revenue

  $1,724,660

  Expenses

  $1,372,084

  Assets (EOY)

  $4,730,493

• 2014 · 990

  Revenue

  $1,549,039

  Expenses

  $1,396,011

  Assets (EOY)

  $4,050,376

• 2013 · 990

  Revenue

  $1,350,624

  Expenses

  $1,074,531

  Assets (EOY)

  $3,923,805

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $848,669

  Assets (EOY)

  $3,520,371

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $721,544

  Assets (EOY)

  $3,109,004

• 2010 · 990

  Revenue

  — not reported

  Expenses

  $914,081

  Assets (EOY)

  $2,746,045

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $618,279

  2022 · DIRECT SUPPORT TO VAN WEZEL PERFORMING ARTS HALL, INCLUDING COMMUNITY EDUCATION/OUTREACH, SPECIAL PROGRAMS, BEAUTIFICATION AND UNIQUE EQUIPMENT NEEDS.

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $89,906

  2022 · PASSTHROUGH GRANTS

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $50,000

  2022 · MAINSTAGE SPONSORSHIP

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $0

  2024 · DIRECT SUPPORT TO VAN WEZEL PERFORMING ARTS HALL, INCLUDING COMMUNITY EDUCATION/OUTREACH, SPECIAL PROGRAMS, BEAUTIFICATION AND UNIQUE EQUIPMENT NEEDS.

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $0

  2024 · PASSTHROUGH GRANTS

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $0

  2023 · DIRECT SUPPORT TO VAN WEZEL PERFORMING ARTS HALL, INCLUDING COMMUNITY EDUCATION/OUTREACH, SPECIAL PROGRAMS, BEAUTIFICATION AND UNIQUE EQUIPMENT NEEDS.

• VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

  $0

  2023 · PASSTHROUGH GRANTS

Where these grants went next →

Grants received

• GULF COAST COMMUNITY FOUNDATION INC

  $340,000

  2022 · ARTS & CULTURE

• THE CHICAGO COMMUNITY TRUST

  $280,000

  2023 · General support for programs, operations and other charitable purposes

• THE CHICAGO COMMUNITY TRUST

  $277,500

  2024 · General support for programs, operations and other charitable purposes

• THE CHICAGO COMMUNITY TRUST

  $270,500

  2022 · General Operating Support, support for Sarasota Performing Arts Center, support for SPAC Capital Campaign

• RAYMOND JAMES CHARITABLE ENDOWMENT FUND

  $253,000

  2023 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $167,510

  2024 · For grant recipient's exempt purposes

• GULF COAST COMMUNITY FOUNDATION INC

  $151,000

  2024 · ARTS & CULTURE

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $145,250

  2023 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $138,600

  2022 · For grant recipient's exempt purposes

• GULF COAST COMMUNITY FOUNDATION INC

  $132,000

  2023 · ARTS & CULTURE

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files