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Sarasota Performing Arts Center Foundation INC

Public charity
DBA: FOUNDATION INC
Other · SARASOTA, FL · EIN 59-2807055

About

To create and sustain a vibrant performing arts center, advance education, and enrich communities by inspiring minds through the power of the arts.

DBA Foundation INC

Donations are tax-deductible
Category
Other
Employees
13
Volunteers
30

Financial Snapshot

FY ending 2023-06-30
Revenue
$4.4M
Expenses
$5.6M
Assets
$16.6M
Liabilities
$667K

Financial history

$12.0M$6.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $4.4M · Peak FY2017: $12.0M · Avg: $5.1M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$62K
Grants Given
SARASOTA PERFORMING ARTS CENTER FOUNDATION INC
Your actions

Address

201 Cocoanut AVE
Sarasota, FL, 34236-491

Governance

Voting board members21
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %65.4%
Permanent endowment %34.6%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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