2021-05-28T13:03:48-05:00 2020-09-30 111986323 MARCUM LLP ONE SOUTHEAST THIRD AVE SUITE 1100 MIAMI FL 33131 990 2019-10-01 650353695 ADRIENNE ARSHT CENTER TRUST INC ADRI 7864682000 1300 BISCAYNE BLVD MIAMI FL 33132 THOMAS M BERGER VP & CFO 7864682000 2021-05-17 1 MICHAEL NOVAK P01074800 3059959600 2019 2022-09-23 18:48:47Z JOHANN ZIETSMAN 1300 BISCAYNE BLVD MIAMI FL 33132 40287921 0 X WWW.ARSHTCENTER.ORG X 1991 FL SEE SCHEDULE O 38 38 485 304 0 0 15969769 18207081 25731652 21424175 33134 516689 444025 139976 42178580 40287921 0 0 0 0 13231973 11782798 0 0 1283280 29454088 24634562 42686061 36417360 -507481 3870561 25547280 27506866 12187768 10276793 13359512 17230073 X SEE SCHEDULE O FOR FULL MISSION STATEMENT 0 0 28277781 20309295 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. 1216921 1000000 ARTS EDUCATION AND COMMUNITY ENGAGEMENT IS A MAJOR COMPONENT OF THE CENTER'S MISSION. THE CENTER HAS CREATED A STRONG, MULTI-FACETED INITIATIVE THAT ADDRESSES ARTS EDUCATION, BOTH IN SWEEPING COMPREHENSIVE WAYS (E.G. LEARNING THROUGH THE ARTS), AND IN FOCUSED, INDIVIDUALIZED EFFORTS (SUCH AS AILEYCAMP MIAMI). OVERALL APPROXIMATELY 50,000 K-12 STUDENTS IN MIAMI-DADE COUNTY PUBLIC SCHOOLS ARE IMPACTED BY THESE EFFORTS EVERY YEAR. 29494702 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 1 120 0 485 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X THOMAS M BERGER 7864682000 1300 BISCAYNE BLVD MIAMI FL 33132 AILEEN UGALDE CHAIRMAN 3.00 X X 0 0 0 RICHARD C MILSTEIN CHAIR-ELECT 3.00 X X 0 0 0 MATILDE AGUIRRE TREASURER 3.00 X X 0 0 0 PIERRE R APOLLON ASSISTANT TREASURER 3.00 X X 0 0 0 HILLIT MEIDAR-ALFI SECRETARY 3.00 X X 0 0 0 LUCILLE ZANGHI ASSISTANT SECRETARY 3.00 X X 0 0 0 IRA D HALL IMMEDIATE PAST CHAIR 3.00 X 0 0 0 RODNEY ADKINS DIRECTOR 3.00 X 0 0 0 CHRISTIA E ALOU 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 OSCAR BRAYNON II DIRECTOR 3.00 X 0 0 0 JARET L DAVIS DIRECTOR 3.00 X 0 0 0 AUDREY M EDMONSON 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 LAURIE FLINK DIRECTOR 3.00 X 0 0 0 KAREN FRYD DIRECTOR 3.00 X 0 0 0 SETH GORDON DIRECTOR 3.00 X 0 0 0 GERALD GRANT JR DIRECTOR 3.00 X 0 0 0 MICHAEL GRIECO DIRECTOR 3.00 X 0 0 0 KRISTI JERNIGAN DIRECTOR 3.00 X 0 0 0 FLORENE LITTHCUT NICHOLS DIRECTOR 3.00 X 0 0 0 JOSEPH NATOLI DIRECTOR 3.00 X 0 0 0 BEVERLY A PARKER DIRECTOR 3.00 X 0 0 0 CAROLINA PINA DIRECTOR 3.00 X 0 0 0 JORGE A PLASENCIA DIRECTOR 3.00 X 0 0 0 KRISTIN PODACK DIRECTOR 3.00 X 0 0 0 MICHAEL ANTHONY REMY DIRECTOR 3.00 X 0 0 0 NEILL D ROBINSON DIRECTOR 3.00 X 0 0 0 CARLOS ROSSO DIRECTOR 3.00 X 0 0 0 MARIO ERNESTO SANCHEZ DIRECTOR 3.00 X 0 0 0 FRED SHAPIRO DIRECTOR 3.00 X 0 0 0 ALEXANDER I TACHMES DIRECTOR 3.00 X 0 0 0 CAROLE ANN TAYLOR DIRECTOR 3.00 X 0 0 0 PENNY THURER DIRECTOR 3.00 X 0 0 0 LYNN WIENER DIRECTOR 3.00 X 0 0 0 MILES WILKIN DIRECTOR 3.00 X 0 0 0 THOMAS M BERGER VP AND CFO 50.00 X 175666 0 0 JOHANN ZIETSMAN PRESIDENT AND CEO 35.00 30.00 X 270362 217308 0 KENNETH HARRIS VP OF OPERATIONS 50.00 X 171330 0 0 ELIZABETH WALLACE VP OF PROGRAMMING 40.00 X 189573 0 0 VALERIE RILES VP OF BOARD & GOVERNANCE 40.00 X 159939 0 0 PATRICIA BRENNAN VP OF HUMAN RESOURCES 40.00 X 132873 0 0 ANDREW GOLDBERG VP OF MARKETING 40.00 X 175241 0 0 1274984 217308 0 7 0 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 191828854 SECURITY SERVICES 846827 SPECTRA FOOD SERVICES & HOSPITALITY 1300 BISCYANE BOULEVARD MIAMI FL 33132 FOOD & HOSPITALITY SERVICES 148324 2 2166892 12334048 3706141 27780 18207081 PROGRAMMING REVENUES 711190 15574230 15574230 BOX OFFICE FEES 711190 3104441 3104441 VENUE RENTAL REVENUE 711190 2630624 2630624 PARKING REVENUE 711190 114880 114880 21424175 516689 516689 OTHER REVENUE 107804 107804 MERCHANDISE SALES COMMISSION 32172 32172 139976 40287921 21564151 0 516689 627764 407831 184606 35327 9131805 5932540 2685375 513890 285855 185708 84061 16086 1244429 808452 365947 70030 492945 320245 144960 27740 7969 4762 2752 455 71827 42924 24804 4099 799493 477781 276088 45624 1981269 1891414 4382 85473 551147 156454 332402 62291 1362788 1362788 35021 34321 400 300 791839 791839 474788 349627 125161 EVENT EXPENSES 12640434 12494942 138356 7136 MAINTENANCE AND REPAIRS 2260420 2260420 SECURITY 1346811 1345582 1229 OTHER EXPENSES 1023018 689206 306740 27072 1287738 729705 171505 386528 36417360 29494702 5639378 1283280 8680040 7442456 739889 1137891 1477208 4335762 717757 312414 10468545 8390772 2392178 2077773 11355738 12099041 56000 0 128470 101529 25547280 27506866 2185637 1820356 10002131 6274415 2182022 12187768 10276793 X 8196122 11443677 5163390 5786396 13359512 17230073 25547280 27506866 3870561 0 X 0 1 X 1 0 X 15399903 15026412 16115869 15969769 18207081 80719034 15399903 15026412 16115869 15969769 18207081 80719034 80719034 26531 363888 476746 33134 516689 1416988 1095982 585489 331629 444025 139976 2597101 84733123 0.95260 0.94380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11744718 803892 513321 550636 12511295 12073973 168623 33134 531012 11744718 11475215 189066 910676 500984 12073973 10516337 67993 1399469 508584 11475215 10279961 93889 652886 510399 10516337 0.66870 0.33130 0 0 4993237 3757343 1235894 2964883 2412369 552514 2510425 2221060 289365 2077773 X 40287921 0 40287921 0 40287921 36417360 0 36417360 0 36417360 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, 2020 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. SCHEDULE D, PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS X X X X X 0 0 0 0 0 0 0 0 0 THOMAS M BERGER VP AND CFO 175666 0 0 0 0 0 0 0 0 0 175666 0 0 0 JOHANN ZIETSMAN PRESIDENT AND CEO 270362 217308 0 0 0 0 0 0 0 0 270362 217308 0 0 KENNETH HARRIS VP OF OPERATIONS 171330 0 0 0 0 0 0 0 0 0 171330 0 0 0 ELIZABETH WALLACE VP OF PROGRAMMING 189573 0 0 0 0 0 0 0 0 0 189573 0 0 0 VALERIE RILES VP OF BOARD & GOVERNANCE 159939 0 0 0 0 0 0 0 0 0 159939 0 0 0 ANDREW GOLDBERG VP OF MARKETING 175241 0 0 0 0 0 0 0 0 0 175241 0 0 0 X DONATED MEDIA 0 25530 FMV X DONATED AIRLINE TICKETS 0 2250 FMV 0 0 0 FORM 990, PART 1, LINE 1 ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES: 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. FORM 990, PART III, LINE 1 ORGANIZATION'S MISSION STATEMENT: 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 50,000 CHILDREN EACH YEAR. AS MIAMI'S NEW TOWN SQUARE, THE ARSHT CENTER ALSO HOUSES BRAVA BY BRAD KILGORE, A FINE DINING RESTAURANT; THE CAFE AT BOOKS & BOOKS IN THE HISTORICAL CARNIVAL TOWER AND A WEEKLY FARMER'S MARKET. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PREPARED BY EXTERNAL AUDITORS AND REVIEWED BYTHE 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 THE SENIOR STAFF AFTER A REVIEW PROCESS. COMPENSATION FOR THE CEO IS APPORVED 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 ADRIENNE ARSHT CENTER FOUNDATION INC 1300 BISCAYNE BLVD MIAMI FL 33132 262567808 RAISE FUNDS 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