2025-08-11T12:33:02-05:00 2024-09-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-10-01 650353695 ADRIENNE ARSHT CENTER TRUST INC ADRI 7864682000 1300 BISCAYNE BLVD MIAMI FL 33132 AARON FEINBERG VICE PRESIDENT, FINANCE & CFO 7864682000 2025-08-11 1 1 AARON M FOX P01365820 2022274000 2025-08-11 2023 2025-03-06 01:10:19Z AARON FEINBERG 1300 BISCAYNE BLVD MIAMI FL 33132 56592525 0 X WWW.ARSHTCENTER.ORG X 1991 FL AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, THE ADRIENNE ARSHT CENTER ENLIGHTENS, EDUCATES, AND ENTERTAINS OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES. 43 43 589 266 0 0 26244844 21873811 22232275 23508251 3230157 3891765 1374996 1799127 53082272 51072954 0 0 0 0 16225719 17185517 0 0 1734518 32633995 33711858 48859714 50897375 4222558 175579 58592821 58894042 26362278 26487920 32230543 32406122 X THE ADRIENNE ARSHT CENTER IS A LEADER IN PRESENTING INNOVATIVE PROGRAMMING THAT MIRRORS SOUTH FLORIDA'S DIVERSITY, AS WELL AS A CATALYST FOR BILLIONS OF DOLLARS IN NEW DEVELOPMENT IN THE DOWNTOWN AREA. THE CENTER PRESENTS NEARLY 400 EVENTS EACH YEAR ACROSS ITS FLEXIBLE, STATE-OF-THE-ART PERFORMANCE SPACES. THE CENTER PROGRAMS SEVERAL SIGNATURE SERIES, INCLUDING THE LARGEST JAZZ SERIES IN SOUTH FLORIDA, A MAJOR ANNUAL FLAMENCO FESTIVAL, AND A ROBUST PROGRAM OF NEW THEATRICAL WORKS, AS WELL AS FREE PROGRAMMING FOR THE COMMUNITY AND AN ARTS EDUCATION PROGRAM THAT SERVES OVER 80,000 CHILDREN EACH YEAR. AS MIAMI'S NEW TOWN SQUARE, THE ARSHT CENTER ALSO HOUSES TEATRO, A FINE DINING RESTAURANT, AND ACCENT CAFE IN THE HISTORICAL CARNIVAL TOWER. 0 0 36321364 25273920 THE CENTER IS A SHOWCASE FOR THE FINEST IN ESTABLISHED AND DEVELOPING CULTURAL PROGRAMS. IT IS THE FOUNDATION ON WHICH ITS RESIDENT COMPANIES (FLORIDA GRAND OPERA, MIAMI CITY BALLET, AND NEW WORLD SYMPHONY) BUILD THEIR PROGRAMS AND EXTEND THEIR REACH. THE CENTER ALSO SERVES AS A LABORATORY FOR SMALLER, EMERGING ORGANIZATIONS BY PROVIDING FIRST-CLASS, ACCESSIBLE FACILITIES. PROGRAMMING INCLUDES BROADWAY MUSICALS; WORLD MUSIC AND DANCE; LATIN POP; CABARET; JAZZ; HOLIDAY SPECIALS; THEATRE; STAND-UP COMEDY; CLASSICAL MUSIC; AND MODERN DANCE. 3651446 33458 ARTS EDUCATION AND COMMUNITY ENGAGEMENT ARE MAJOR COMPONENTS OF THE CENTER'S MISSION. THE CENTER HAS CREATED A STRONG, MULTI-FACETED INITIATIVE THAT ADDRESSES ARTS EDUCATION IN BOTH COMPREHENSIVE WAYS (E.G., LEARNING THROUGH THE ARTS) AND FOCUSED, INDIVIDUALIZED EFFORTS (SUCH AS AILEYCAMP MIAMI). OVERALL, APPROXIMATELY 80,000 K-12 STUDENTS IN MIAMI-DADE COUNTY PUBLIC SCHOOLS ARE IMPACTED BY THESE EFFORTS EVERY YEAR. 39972810 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 216 0 1 589 1 0 0 0 0 0 0 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X AARON FEINBERG 7864682209 1300 BISCAYNE BLVD MIAMI FL 33132 RICHARD C MILSTEIN CHAIRMAN 3.00 X X 0 0 0 HILLIT MEIDAR-ALFI CHAIR-ELECT 3.00 X X 0 0 0 PIERRE R APOLLON TREASURER UNTIL 1/2024, SECRETARY 3.00 X X 0 0 0 LUCILLE ZANGHI ASSISTANT TREASURER 3.00 X X 0 0 0 GERALD GRANT JR SECRETARY UNTIL 1/2024, TREASURER 3.00 X X 0 0 0 JORGE A PLASENCIA ASSISTANT SECRETARY 3.00 X X 0 0 0 NORMA JEAN ABRAHAM DIRECTOR 3.00 X 0 0 0 RODNEY ADKINS DIRECTOR 3.00 X 0 0 0 J RICKY ARRIOLA DIRECTOR 3.00 X 0 0 0 DOROTHY BENDROSS-MINDINGALL DIRECTOR 3.00 X 0 0 0 ZABA ST GEORGE CASTRO DIRECTOR 3.00 X 0 0 0 LISSETTE CALDERON DIRECTOR AS OF 5/2024 3.00 X 0 0 0 JEFF DAVIS DIRECTOR AS OF 10/2023 3.00 X 0 0 0 TANIA DOMINGUEZ DIRECTOR 3.00 X 0 0 0 MIKE EIDSON DIRECTOR 3.00 X 0 0 0 ALAN FEIN DIRECTOR 3.00 X 0 0 0 MEME FERRE DIRECTOR 3.00 X 0 0 0 LAURIE FLINK DIRECTOR 3.00 X 0 0 0 KAREN FRYD DIRECTOR 3.00 X 0 0 0 SEAN GAZITUA DIRECTOR 3.00 X 0 0 0 JESSICA GARRETT MODKINS DIRECTOR 3.00 X 0 0 0 BRIAN GOLDMEIER DIRECTOR 3.00 X 0 0 0 AKIVA GROSS DIRECTOR UNTIL 2/2024 3.00 X 0 0 0 EVELYN GREER DIRECTOR 3.00 X 0 0 0 KEON HARDEMON DIRECTOR 3.00 X 0 0 0 YOSBEL IBARRA DIRECTOR 3.00 X 0 0 0 DOTIE JOSEPH DIRECTOR 3.00 X 0 0 0 LILIAM LOPEZ DIRECTOR 3.00 X 0 0 0 PER-OLOF LOOF DIRECTOR UNTIL 1/2024 3.00 X 0 0 0 FLORENE LITTHCUT NICHOLS DIRECTOR UNTIL 1/2024 3.00 X 0 0 0 JUMAANE N'NNAMDI DIRECTOR 3.00 X 0 0 0 ARMANDO A OLMEDO DIRECTOR 3.00 X 0 0 0 LAUREN PARDO DIRECTOR 3.00 X 0 0 0 PAOLA PIERRE DIRECTOR 3.00 X 0 0 0 FATIMA PEREZ DIRECTOR 3.00 X 0 0 0 OSCAR PUIG-CORVE DIRECTOR 3.00 X 0 0 0 LARRY QUINLAN DIRECTOR 3.00 X 0 0 0 GARTH REEVES III DIRECTOR 3.00 X 0 0 0 RICK RODRIGUEZ PINA DIRECTOR 3.00 X 0 0 0 MARIO ERNESTO SANCHEZ DIRECTOR 3.00 X 0 0 0 Y DAVID SCHARF DIRECTOR 3.00 X 0 0 0 CAROLE ANN TAYLOR DIRECTOR 3.00 X 0 0 0 TINA VIDAL-DUART DIRECTOR AS OF 2/2024 3.00 X 0 0 0 LYNN WIENER DIRECTOR 3.00 X 0 0 0 MILES WILKIN DIRECTOR 3.00 X 0 0 0 AILEEN UGALDE IMMEDIATE PAST CHAIR 3.00 X 0 0 0 JOHANN ZIETSMAN PRESIDENT AND CEO 35.00 30.00 X 396578 431983 29457 THOMAS BERGER VICE PRESIDENT, FINANCE & CFO 40.00 X 211831 0 19703 ELIZABETH WALLACE VICE PRESIDENT, PROGRAMMING 40.00 X 245685 0 18920 MICHAEL HURT VICE PRESIDENT, OPERATIONS 40.00 X 244788 0 18722 DALE EDWARDS VICE PRESIDENT, MARKETING 40.00 X 233277 0 18683 PATRICIA BRENNAN VICE PRESIDENT, HUMAN RESOURCES 40.00 X 205677 0 25022 VALERIE RILES - VP BOARD AND GOVERNMENT RELATIONS 40.00 X 203630 0 20202 1741466 431983 150709 17 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 1354126 THE THORN LTD 290 DORAL WAY COLORADO SPRINGS CO 80921 ENTERTAINMENT SERVICES 296816 BDA CONSULTING AND SOLUTIONS 10891 NE 17TH STREET SUITE 146 MIAMI FL 33172 CONSULTING SERVICES 283967 PARK ONE OF FLORIDA LLC 2911 GRAND AVENUE SUITE 2A COCONUT GROVE FL 33133 PARKING SERVICES 232778 J WOODS COMPANY 700 SW 78TH AVENUE 107 PLANTATION FL 33324 CATERING SERVICES 117530 6 2870455 15211023 3792333 200000 21873811 PROGRAMMING REVENUES 711190 14418383 14418383 VENUE RENTAL REVENUE 711190 5322161 5322161 BOX OFFICE FEES 711190 3767707 3767707 23508251 480375 480375 8930961 5519571 3411390 3411390 3411390 OTHER REVENUE 900099 1799127 1799127 1799127 51072954 25307378 0 3891765 715243 715243 13606082 10596923 2239919 769240 225149 225149 1897318 667939 1085550 143829 741725 511224 172543 57958 1387911 581647 721874 84390 10018 10018 93350 93350 42180 42180 108534 108534 1212301 750405 416899 44997 2277204 1708519 498626 70059 1904117 1391158 227515 285444 2054415 2054415 499104 345616 129637 23851 49964 41092 8872 511 511 1165163 1165163 1031843 1031843 EVENT EXPENSES 12595050 12417579 131593 45878 SECURITY 2431128 2431128 MAINTENANCE AND REPAIRS 2348067 2348067 MIAMI-DADE COUNTY COMMI 1902273 1902273 2598725 1233563 1165162 200000 50897375 39972810 9190047 1734518 26869395 5398285 4000000 4000000 415125 424554 2006931 4157748 750240 886317 15041578 12227845 4000654 2813733 5011132 26699582 174365 147614 15364979 14366209 58592821 58894042 2843203 3416496 7491010 7432987 16028065 15638437 26362278 26487920 X 25703289 24669330 6527254 7736792 32230543 32406122 58592821 58894042 175579 0 X X 0 1 X 1 0 X 18207081 29713804 19415397 26244844 21873811 115454937 18207081 29713804 19415397 26244844 21873811 115454937 115454937 516689 2815395 36000 371213 480375 4219672 139976 197832 467783 1374996 1799127 3979714 123654323 0.93370 0.94480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 42180 0 0 0 42180 0 PART II-B, LINE 1: THE TRUST ENGAGED A PRIVATE FIRM TO ADVOCATE ON BEHALF OF THE TRUST AT THE CITY, COUNTY, AND STATE LEVEL. SUCH ACTIVITIES WERE PRIMARILY RELATED TO BUDGETARY (GOVERNMENTAL FUNDING) AND REGULATORY MATTERS (PERMITTING). 20314111 1270455 3326782 846354 24064994 17184384 1523338 2689650 1083261 20314111 14928258 5591800 -2755902 579772 17184384 12511295 155000 2815395 553432 14928258 11744718 803892 513321 550636 12511295 0.68013 0.31987 0 0 6954079 5847373 1106706 5439069 3972637 1466432 2648430 2407835 240595 2813733 OPERATING LEASE RIGHT-OF-USE ASSETS 13958107 FINANCING LEASE RIGHT-OF-USE ASSETS 391175 DUE FROM ADRIENNE ARSHT CENTER FOUNDATION, INC. 16927 14366209 OPERATING LEASE LIABILITIES, LESS CURRENT PORTION 14257900 CURRENT PORTION OF OPERATING LEASE LIABILITIES 1005497 CURRENT PORTION OF FINANCING LEASE LIABILITIES 49110 FINANCING LEASE LIABILITIES, LESS CURRENT PORTION 325930 15638437 X 51563429 490475 490475 51072954 0 51072954 51387850 490475 490475 50897375 0 50897375 PART V, LINE 4: THE EARNINGS FROM THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE OPERATIONS OF THE CENTER. THE PRINCIPAL BALANCE OF THE ENDOWMENT FUNDS ARE NOT EXPENDED. PART X, LINE 2: THE TRUST ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH GAAP, WHICH REQUIRES RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE TRUST HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS AND NO ADJUSTMENTS TO ITS FINANCIAL POSITION, ACTIVITIES OR CASH FLOWS WERE REQUIRED. THE TRUST DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL INCREASE WITHIN THE NEXT TWELVE MONTHS. THE TRUST DID NOT RECORD ANY INTEREST OR PENALTIES ON UNCERTAIN TAX POSITIONS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION AS OF SEPTEMBER 30, 2024 OR THE ACCOMPANYING STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS FOR THE YEAR THEN ENDED. IF THE TRUST WERE TO INCUR ANY INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INCOME TAXES. X X X X X 0 0 0 0 0 0 0 1 0 JOHANN ZIETSMAN PRESIDENT AND CEO 331014 377347 65564 54636 0 0 11619 0 17838 0 426035 431983 0 0 ELIZABETH WALLACE VICE PRESIDENT, PROGRAMMING 229633 0 16052 0 0 0 9343 0 9577 0 264605 0 0 0 MICHAEL HURT VICE PRESIDENT, OPERATIONS 231188 0 13600 0 0 0 9004 0 9718 0 263510 0 0 0 DALE EDWARDS VICE PRESIDENT, MARKETING 219677 0 13600 0 0 0 8965 0 9718 0 251960 0 0 0 THOMAS BERGER VICE PRESIDENT, FINANCE & CFO 197335 0 14496 0 0 0 5019 0 14684 0 231534 0 0 0 PATRICIA BRENNAN VICE PRESIDENT, HUMAN RESOURCES 191571 0 14106 0 0 0 7041 0 17981 0 230699 0 0 0 VALERIE RILES - VP BOARD AND GOVERNMENT RELATIONS 193027 0 10603 0 0 0 4886 0 15316 0 223832 0 0 0 PART I, LINE 7 NON-FIXED DISCRETIONARY BONUS WAS PAID AT THE DISCRETION OF THE CEO/BOARD. X FOOD AND DRINKS 1 200000 FMV 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PREPARED BY EXTERNAL AUDITORS AND REVIEWED BY THE CHIEF FINANCIAL OFFICER AND PRESIDENT AND CEO. PRIOR TO FINALIZATION OF THE RETURN, A FINAL DRAFT OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE FORM DISTRIBUTED TO THE BOARD OF DIRECTORS REFLECTS THE RETURN ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS ITS CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO DETERMINES THE COMPENSATION FOR ALL SENIOR STAFF AFTER A REVIEW PROCESS. COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD OF DIRECTORS AS PART OF A 360-DEGREE REVIEW, A COMPARATIVE STUDY, AND ADDITIONAL ANALYSIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ADRIENNE ARSHT CENTER FOUNDATION INC 1300 BISCAYNE BLVD MIAMI FL 33132 262567808 TO RAISE FUNDS IN SUPPORT OF THE AACT FL 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 1