2020-07-07T15:46:30-05:00 2019-06-30 592831281 CALER DONTEN LEVINE ET AL PA 505 SOUTH FLAGLER DR 900 WEST PALM BEACH FL 334015948 990 2018-07-01 592245054 RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC RAYM 5618338300 701 OKEECHOBEE BOULEVARD WEST PALM BEACH FL 33401 JUDITH MITCHELL CEO 5618338300 2020-07-07 1 THOMAS A PENCE JR P00141013 5618329292 75.147.220.17 2020-07-07 14:42:04 ED P 58F199446E0FCBA91732AB79C9935770243AEB6E 68F009FCBDDA414A3B514E3F8BA278736A082D87 2018 2020-09-22 18:59:49Z JUDITH MITCHELL 701 OKEECHOBEE BLVD W PALM BCH FL 33401 68744910 0 X WWW.KRAVIS.ORG X 1982 FL PRESENT A DIVERSE SCHEDULE OF PERFORMING ARTISTS, FOSTER ARTS EDUCATION, AND SUPPORT TOURISM. 23 23 245 600 660 -1749 16810262 17125533 19650654 22567861 3704479 6060237 -282661 -285805 39882734 45467826 0 0 0 0 9933777 10550052 30345 46348 1789731 21162396 24131660 31126518 34728060 8756216 10739766 159607055 193705337 44335500 69600423 115271555 124104914 X THE RAYMOND F. KRAVIS CENTER FOR THE PERFORMING ARTS, LOCATED IN WEST PALM BEACH, FLORIDA, IS A NOT-FOR-PROFIT PERFORMING ARTS CENTER. ITS MISSION IS TO ENHANCE THE QUALITY OF LIFE IN PALM BEACH COUNTY BY PRESENTING A DIVERSE SCHEDULE OF NATIONAL AND INTERNATIONAL PERFORMING ARTISTS AND COMPANIES OF THE HIGHEST QUALITY. THE KRAVIS CENTER ALSO FOSTERS ARTS EDUCATION BY OFFERING COMPREHENSIVE EDUCATION AND COMMUNITY OUTREACH PROGRAMS. AS A COMMUNITY LEADER AND MAJOR ECONOMIC CATALYST, THE CENTER SEEKS TO SHOWCASE REGIONAL PERFORMING ARTS ORGANIZATIONS AND TO SUPPORT EFFORTS TO INCREASE TRAVEL AND TOURISM TO PALM BEACH COUNTY. 0 0 23296079 16531423 MAIN/BROADWAY AND REGIONAL ARTS SERIES - PROVIDE THE COMMUNITY WITH THEATRICAL, DANCE AND MUSICAL PRESENTATIONS TO BROADEN THE COMMUNITY'S EXPOSURE TO THE PERFORMING ARTS. 125 SHOWS. 2555130 490138 COMMUNITY OUTREACH / EDUCATIONAL - PROVIDE EXPOSURE TO PERFORMING ARTS TO SCHOOL CHILDREN AND OTHER SEGMENTS OF THE COMMUNITY AT AFFORDABLE PRICES. 169 EVENTS. 299305 379831 ADULTS AT LEISURE SERIES - SERIES OF DIVERSE MATINEE PROGRAMS AIMED AT MAKING THE ARTS AVAILABLE TO THE COMMUNITY'S SENIOR CITIZENS AT AFFORDABLE PRICES. 12 SHOWS. 1150665 783556 RINKER PLAYHOUSE AND PERSSON HALL PERFORMANCES - DIVERSE PROGRAMMING OFFERINGS IN THE CENTER'S INTIMATE BLACK BOX RINKER PLAYHOUSE AND PERSSON HALL THEATERS TO FURTHER PROVIDE THE COMMUNITY WITH PROGRAMMING TO BROADEN THEIR EXPOSURE TO THE PERFORMING ARTS. 78 SHOWS. 41164 10620 YOUNG ARTIST SERIES - A SERIES OF SHOWS PRESENTED IN THE CENTER'S RINKER PLAYHOUSE WHICH SHOWCASES THE NEXT GENERATION OF CLASSICAL MUSIC STARS. 4 SHOWS. 485963 72706 FAMILY FARE AND PEAK SERIES - A SERIES OF SHOWS TO PROVIDE AFFORDABLE PROGRAMMING TO FAMILIES AND OTHER SEGMENTS OF THE COMMUNITY. 30 SHOWS. 1677792 866882 27828306 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 358 0 1 245 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X KYLE ROBERTS RUGE CFO 5618338300 701 OKEECHOBEE BOULEVARD WEST PALM BEACH FL 33401 JOHN H KESSLER VICE CHAIRMAN 2.00 X X 0 0 0 ALEX W DREYFOOS DIRECTOR 2.00 X 0 0 0 STEPHEN L BROWN DIRECTOR 2.00 X 0 0 0 PENNY BANK DIRECTOR 2.00 X 0 0 0 WILLIAM A MEYER DIRECTOR 2.00 X 0 0 0 SHERRY BARRAT DIRECTOR 2.00 X 0 0 0 IRENE KARP DIRECTOR 2.00 X 0 0 0 BRADLEY HURSTON DIRECTOR 2.00 X 0 0 0 JANE MITCHELL DIRECTOR 2.00 X 0 0 0 MICHAEL BRACCI CHAIRMAN 2.00 X X 0 0 0 LAURIE SILVERS VICE CHAIRMAN 2.00 X X 0 0 0 MARK LEVY DIRECTOR 2.00 X 0 0 0 ROBERT FROMER DIRECTOR 2.00 X 0 0 0 JOSEPH SANCHES DIRECTOR 2.00 X 0 0 0 DAVID MACK DIRECTOR 2.00 X 0 0 0 JAMES HARPEL SECRETARY 2.00 X X 0 0 0 RICHARD SLOANE DIRECTOR 2.00 X 0 0 0 STUART FRANKEL DIRECTOR 2.00 X 0 0 0 PAUL LEONE DIRECTOR 2.00 X 0 0 0 MONIKA PRESTON DIRECTOR 2.00 X 0 0 0 JEFFREY STOOPS TREASURER 2.00 X X 0 0 0 NORMA KLORFINE DIRECTOR 2.00 X 0 0 0 WILLIAM PETERSON DIRECTOR 2.00 X 0 0 0 JUDITH A MITCHELL CEO 40.00 X X 538139 0 25200 KYLE ROBERTS RUGE CFO 40.00 X X 313764 0 25200 JAMES MITCHELL CHIEF OPERATIONS OFFICER 40.00 X 270003 0 25200 LEE BELL SENIOR DIRECTOR OF PROGRAMMING 40.00 X 250173 0 25097 DIANE BERGNER SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 203352 0 23540 ANDREW SEGALOFF SENIOR DIRECTOR 40.00 X 144954 0 19200 LARRY BLISCHE SENIOR IT ANALYST 40.00 X 113342 0 18627 TRACY BUTLER DIRECTOR OF EDUCATION 40.00 X 105887 0 18298 RICH CILLO DIRECTOR OF FACILITIES 40.00 X 102956 0 3974 THALIA WHITE DIRECTOR OF DEV OPERATIONS 40.00 X 100159 0 17944 2142729 0 202280 10 0 1 0 THE WEITZ COMPANY 1720 CENTREPARK DRIVE E WEST PALM BEACH FL 33401 CONSTRUCTION SERVICES 16561642 BUENA VISTA THEATRICAL GROUP 214 WEST 42ND STREET NEW YORK NY 10036 ARTIST FEE 1618522 THEATRICAL PAYROLL SERVICE FLORIDA INC 7663 165 ST N PALM BEACH GARDENS FL 33418 STAGE LABOR 1481529 LMS TOURING LLC 7135 MINSTREL WAY SUITE 105 COLUMBIA MD 21045 ARTIST FEE 605990 WAITRESS TOUR LLC 165 W 46TH STREET 1202 NEW YORK NY 10036 ARTIST FEE 463001 26 1071777 250039 15803717 167028 17125533 THEATER ADMISSIONS 711190 18268274 18268274 OTHER INCOME 711190 3102603 3102603 THEATER RENTAL 711190 1196984 1196324 660 22567861 3261247 3261247 24844439 22045449 2798990 2798990 2798990 858359 1071777 1184136 -325777 -325777 87471 47499 39972 39972 45467826 22567201 660 5774432 1573094 459913 880013 233168 6752923 4692317 1315965 744641 302374 181890 77156 43328 1312310 795827 358714 157769 609351 369637 166490 73224 11375 11375 70435 70435 46348 46348 278247 278247 173507 93080 36973 43454 1908931 1908931 258848 450 244037 14361 127201 20095 107106 1333473 1051827 188401 93245 174064 174064 1210635 1022818 187817 3966982 3351548 615434 285392 225157 40236 19999 LEAD & OTHER ARTIST FEE 9729187 9729187 STAGE LABOR & TECH COST 2022644 2022644 CREDIT CARD FEES 587996 526676 61320 MAINTENANCE & CUSTODIAL 541742 427279 76460 38003 1451001 949030 281100 220871 34728060 27828306 5110023 1789731 59994 61738 7728097 12225535 15103008 18138785 65209 70207 45837 45245 978656 1087823 146370917 65986593 60700946 80384324 74672497 81370795 252811 320885 159607055 193705337 838415 1481632 5847797 8649576 36270000 56270000 1379288 3199215 44335500 69600423 X 74628518 78950063 21344126 25080824 19298911 20074027 115271555 124104914 159607055 193705337 X 10739766 -1319862 -586545 X 0 1 X 1 0 X 7894207 6323352 7225567 16810262 17125533 55378921 18122546 17944912 21047134 19634245 22567510 99316347 110400 97182 93948 88524 87471 477525 26127153 24365446 28366649 36533031 39780514 155172793 703365 672710 844000 6387540 6929050 15536665 0 703365 672710 844000 6387540 6929050 15536665 139636128 1841498 2383842 2368442 2819153 3261247 12674182 1841498 2383842 2368442 2819153 3261247 12674182 27968651 26749288 30735091 39352184 43041761 167846975 0.83190 0.86730 0.07550 0.07140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76740755 9297015 5502774 11042010 80498534 67876126 10318350 4474665 5928386 76740755 60193621 167729 9843214 2328438 67876126 67171336 410895 -3747345 3641265 60193621 67581679 1147604 1082458 2640405 67171336 0.60270 0.24940 0.14790 0 0 4499300 4499300 113817732 46851337 66966395 20422115 15175196 5246919 7631770 3960060 3671710 80384324 CONSTRUCTION PAYABLE 2039843 INTEREST RATE SWAP 499834 RETAINAGE PAYABLE 659538 3199215 X 43283172 -1319862 -1319862 44603034 278247 586545 864792 45467826 34449813 0 34449813 278247 278247 34728060 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION EVALUATES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC740, INCOME TAXES, WHICH STATES THAT MANAGEMENT'S DETERMINATION OF THE TAXABLE STATUS OF AN ENTITY, INCLUDING ITS STATUS AS A TAX EXEMPT ENTITY, IS A TAX POSITION SUBJECT TO THE STANDARDS REQUIRED FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY U.S. AUTHORITIES FOR FISCAL YEARS THROUGH JUNE 30, 2015. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP 586,545. X X X X X X 1 IN REM SOLUTIONS INC 875 AURELIA ST BOCA RATON FL 33486 GRANT WRITING CONSULTANT 0 850039 46348 803691 850039 46348 803691 FL WINE AUCTION 1092721 288757 803964 151391 792330 ANNUAL GALA 837415 783020 54395 92446 8000 139969 1930136 1071777 858359 243837 8000 932299 1184136 -325777 X X X X X 0 0 0 0 0 0 0 0 0 JUDITH A MITCHELL CEO 478139 0 60000 0 0 0 12500 0 12700 0 563339 0 0 0 KYLE ROBERTS RUGE CFO 288764 0 25000 0 0 0 12500 0 12700 0 338964 0 0 0 JAMES MITCHELL CHIEF OPERATIONS OFFICER 245003 0 25000 0 0 0 12500 0 12700 0 295203 0 0 0 LEE BELL SENIOR DIRECTOR OF PROGRAMMING 235173 0 15000 0 0 0 12397 0 12700 0 275270 0 0 0 DIANE BERGNER SENIOR DIRECTOR OF DEVELOPMENT 188352 0 15000 0 0 0 10840 0 12700 0 226892 0 0 0 ANDREW SEGALOFF SENIOR DIRECTOR 144954 0 0 0 0 0 6500 0 12700 0 164154 0 0 0 X 16 167028 STOCK QUOTES 0 1 1 PART I, LINE 32B: ANY NON-CASH CONTRIBUTIONS OF MARKETABLE SECURITIES ARE REQUIRED TO BE DELIVERED TO THE ORGANIZATIONS INVESTMENT ADVISORS FOR LIQUIDATION TO CASH, PURSUANT TO COMPANY POLICY. FORM 990, PART VI, SECTION A, LINE 2 JUDITH MITCHELL, OFFICER AND KEY EMPLOYEE, IS RELATED BY MARRIAGE TO JAMES MITCHELL, KEY EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 11B THE CENTER'S FORM 990 RETURN IS PREPARED BY THE CENTER'S INDEPENDENT AUDITORS, THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. PRIOR TO FILING, THE FORM IS ALSO REVIEWED BY THE CENTER'S AUDIT COMMITTEE AND FULL BOARD OF DIRECTORS. THE KRAVIS CENTER ALSO PUTS A COMPLETE COPY OF ITS FORM 990 ON ITS WEBSITE FOR VIEW BY THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C THE CENTER ANNUALLY REQUIRES ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY MANAGEMENT STAFF TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. ANY RESPONSES WHICH OUTLINE A POTENTIAL CONFLICT ARE REVIEWED BY THE CENTER'S AUDIT COMMITTEE WHO WILL MAKE RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS AS A RESOLUTION. THE RESOLUTIONS COULD INCLUDE: THE DIRECTOR WITH A POTENTIAL CONFLICT WOULD RECUSE THEMSELVES FROM ANY VOTES RELATING TO MATTERS INVOLVING THE POTENTIAL CONFLICT AND/OR WOULD NOT SERVE ON ANY COMMITTEE CHARGED WITH OVERSIGHT OF THE AREA OF POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD, AN INDEPENDENT COMPENSATION CONSULTANT, AND A BOARD SURVEY AND IS BASED ON COMPARISONS WITH OTHER SIMILAR NONPROFIT ORGANIZATIONS. MINUTES OF ALL COMPENSATION MEETINGS ARE MAINTAINED. THE CHIEF OPERATIONS OFFICER'S COMPENSATION IS BASED ON AN ANNUAL PERFORMANCE EVALUATION AS PREPARED BY THE CHAIR OF THE OPERATIONS COMMITTEE OF THE BOARD, INCLUSIVE OF A SALARY INCREASE RECOMMENDATION. THIS IS THEN REVIEWED AND APPROVED BY THE CHAIR OF THE EMPLOYEE BENEFITS AND COMPENSATION COMMITTEE OF THE BOARD. THE SALARY INCREASE IS BASED ON A PERCENTAGE RANGE OF INCREASES AS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. THE SALARY INCREASES OF OTHER KEY EMPLOYEES OF THE ORGANIZATION ARE BASED ON AN EVALUATION PREPARED BY THE CHIEF EXECUTIVE OFFICER AND A PERCENTAGE RANGE OF INCREASES AS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE KRAVIS CENTER PUTS A COMPLETE COPY OF ITS ANNUAL AUDITED FINANCIAL STATEMENTS ON ITS WEB SITE FOR VIEW BY THE PUBLIC. THE CENTER'S FULL BOARD OF DIRECTORS RECEIVES A COMPLETE COPY OF THE ANNUAL AUDITED STATEMENTS FOR REVIEW PRIOR TO RELEASE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET UNREALIZED LOSS ON INTEREST RATE SWAP -586,545.