2020-08-13T14:17:26-05:00 2019-09-30 MARCUM LLP ONE SE THIRD AVENUE SUITE 1100 MIAMI FL 33131 990 2018-10-01 262567808 ADRIENNE ARSHT CENTER FOUNDATION INC % JOHANN ZIETSMAN ADRI 7864682000 1300 BISCAYNE BLVD MIAMI FL 33132 THOMAS M BERGER VP F&A, CFO 3059959600 2020-08-04 true Michael H Novak P01074800 3059959600 47.19.127.190 60323320202265000000 2020-08-13 P 61EB38E51F105C1391561C5FC99B006B3C8F3F95 42BF419BEF50CDD62E59AA744D8F73F573199F3C 2018 2020-09-22 18:59:49Z Johann Zietsman 1300 BISCAYNE BLVD MIAMI FL 33132 5651511 false X WWW.ARSHTCENTER.ORG X 2008 FL SEE SCHEDULE O 15 15 2 0 2050977 5494311 0 0 0 0 -281290 -531210 1769687 4963101 1325000 1896299 0 0 578208 573964 0 0 180724 40890 58932 1944098 2529195 -174411 2433906 4315048 6691217 219081 161344 4095967 6529873 PROVIDING CONTINUING OPERATING SUPPORT FOR THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS (A NON PROFIT ORGANIZATION) BY RAISING PRIVATE SECTOR CONTRIBUTIONS IN ORDER TO HELP THE CENTER PRESENT HIGH-QUALITY PROGRAMMING AND EDUCATIONAL PROGRAMS FOR SOUTH FLORIDA'S DIVERSE COMMUNITY. false false 2286820 1896299 Adrienne Arsht Center Foundation, Inc. raises private contributions of funds and in-kind gifts for the Adrienne Arsht Center Trust, Inc., a Florida non-profit corporation. 2286820 true true false false false false false false false false true false false false false true true false false false false false false false true false false true false true false false false false false false false false false false false false false true false false false true 0 0 2 true false false false false false true true false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false FL X X JOHANN ZIETSMAN 7864682000 1300 BISCAYNE BLVD MIAMI FL 33132 ADRIENNE ARSHT FOUNDING CHAIRMAN 1.0 0.0 X X 0 0 0 TONY ARGIZ CHAIRMAN 1.0 0.0 X X 0 0 0 ROBERT BARLICK JR TREASURER 1.0 0.0 X X 0 0 0 NANCY BATCHELOR Secretary 1.0 0.0 X X 0 0 0 TRISH BELL DIRECTOR 1.0 0.0 X 0 0 0 LEE E CAPLIN DIReCTOR 1.0 0.0 X 0 0 0 Leila Centner DIRECTOR 1.0 0.0 X 0 0 0 Swanee Dimare DIRECTOR 1.0 0.0 X 0 0 0 Ronald Esserman DIRECTOR 1.0 0.0 X 0 0 0 Kimberly Green DIRECTOR 1.0 0.0 X 0 0 0 Andrea Guerreri DIRECTOR 1.0 0.0 X 0 0 0 Jeff Haines DIRECTOR 1.0 0.0 X 0 0 0 Eric G Johnson DIRECTOR 1.0 0.0 X 0 0 0 Jim Kaufman DIRECTOR 1.0 0.0 X 0 0 0 David Rocker Director 1.0 0.0 X 0 0 0 M John Richard President & CEO 30.0 35.0 X 398730 517977 0 Suzanna Valdez Wolfe Vice President - Advancement 50.0 50.0 X 181414 0 0 580144 517977 0 2 false true false 0 547080 982518 3964713 5494311 0 0 0 0 0 0 0 0 157200 982518 688410 -531210 0 0 0 0 0 0 0 4963101 1896299 1896299 0 0 0 292728 165857 11847 115024 0 223438 178493 12749 32196 10458 8354 597 1507 25060 20019 1430 3611 22280 17798 1271 3211 0 0 644 644 0 0 0 10668 10668 0 0 0 0 36662 11487 25175 2180 2180 0 0 0 0 4500 4500 1880 1880 LICENSES & FEES 87 87 BANK SERVICE CHARGES 2311 2311 2529195 2286820 61651 180724 468830 1177211 0 0 3796811 5496156 0 0 0 0 0 0 0 0 0 0 29907 2850 45000 30000 19500 15000 0 0 0 0 0 0 0 0 0 0 4315048 6691217 11113 11344 0 0 206500 150000 0 0 0 0 0 0 0 0 0 0 1468 0 219081 161344 X 327198 1193717 3768769 5336156 0 0 4095967 6529873 4315048 6691217 2433906 X false true X false false X 6411085 618338 2168263 2023069 5494311 16715066 0 0 6411085 618338 2168263 2023069 5494311 16715066 0 16715066 0 0 12509 -540 11969 16727035 0.99928 0.99920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45000 30000 15000 15000 0 0 X 5651511 5651511 -688410 -688410 4963101 3217605 688410 688410 2529195 2529195 Schedule D, PART X, LINE 2 - Liability for Uncertain Tax Positions The Foundation 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 Foundation had no material unrecognized tax benefits and no adjustments to its financial position, activities or cash flows were required. The Foundation does not expect that unrecognized tax benefits will increase within the next twelve months. The Foundation did not record any interest or penalties on uncertain tax positions in the statement of financial position as of September 30, 2019 or the accompanying statement of activities for the year then ended. If the Foundation 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 XI, LINE 4B & Part XII, Line 2D SPECIAL EVENT DIRECT EXPENSES reported net on Part VIII - Statement of Revenue Gala 876153 788753 87400 41190 92173 76292 234057 Imagntn Ball 283150 213350 69800 30155 49314 23650 141579 0 1159303 1002103 157200 71345 141487 99942 375636 688410 -531210 true Adrienne Arsht CENTER TRUST INC 1300 BISCAYNE BLVD MIAMI FL 33132 650353695 501(C)(3) 1896299 CASH TO FUND BUDGETED EXPENSES 1 X X X X X false false false false false false false false false M John Richard President & CEO 398730 517977 398730 517977 Suzanna Valdez Wolfe Vice President - Advancement 181414 181414 FORM 990, PART VI, SECTION B, LINE 11 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 AND ENFORCES ITS COMPLIANCE WITH THE 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 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 BOARD OF DIRECTORS IS RESPONSIBLE FOR SELECTING THE INDEPENDENT AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT. ADRIENNE ARSHT CENTER TRUST INC 1300 BISCAYNE BLVD MIAMI FL 33132 650353695 ENTERTAIN FL 501(c)(3) 7 NA false true