2017-05-24T14:32:10-05:00 2016-09-30 010720052 MORRISON BROWN ARGIZ & FARRA LLC 1450 BRICKELL DRIVE 18TH FLOOR MIAMI FL 33131 990 2015-10-01 650353695 PERFORMING ARTS CENTER TRUST INC PERF 7864682000 1300 BISCAYNE BOULEVARD MIAMI FL 33132 THOMAS M BERGER VP AND CHIEF FINANCIAL OFFICER 7864682000 2017-05-24 1 DAVID HOLLANDER CPA P00646430 3053735500 2015 2021-01-29 14:40:06Z M JOHN RICHARD 1300 BISCAYNE BOULEVARD MIAMI FL 33132 38875659 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. 39 39 460 0 0 0 12722453 15399903 27170161 22353243 -39321 26531 1163049 1095982 41016342 38875659 0 0 0 0 11393602 11757486 0 0 1777585 30126244 28111003 41519846 39868489 -503504 -992830 18847721 20782277 7305393 9226838 11542328 11555439 X THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY 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 NEARLY 30,000 CHILDREN EACH YEAR. AS MIAMI'S NEW TOWN SQUARE, THE ARSHT CENTER ALSO HOUSES BRAVA BY BRAD KILGORE, A FINE DINING RESTAURANT; THE CAF AT BOOKS & BOOKS IN THE HISTORIC CARNIVAL TOWER AND A WEEKLY FARMERS MARKET. 0 0 31760171 23352288 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, NEW WORLD SYMPHONY, AMERICA'S ORCHESTRAL ACADEMY) 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. 1282458 51450 ARTS EDUCATION & 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 27,000 K-12 STUDENTS IN MIAMI-DADE COUNTY PUBLIC SCHOOLS ARE IMPACTED BY THESE EFFORTS EVERY YEAR. 33042629 1 1 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 1 56 0 1 460 1 0 0 0 0 0 0 0 0 0 0 X 39 39 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 VP AND CHIEF FINA 7864682000 1300 BISCAYNE BOUELVARD MIAMI FL 33132 ADRIENNE COHEN DIRECTOR 3.00 X 0 0 0 AILEEN UGALDE DIRECTOR 3.00 X 0 0 0 ALAN H FEIN CHAIRMAN 3.00 X X 0 0 0 ALAN LIEBERMAN DIRECTOR 3.00 X 0 0 0 ALEXANDER I TACHMES DIRECTOR 5.00 X 0 0 0 ARMANDO OLMEDO DIRECTOR 3.00 X 0 0 0 BEVERLY PARKER DIRECTOR 3.00 X 0 0 0 CARLOS C LOPEZ-CANTERA DIRECTOR 3.00 X 0 0 0 CARLOS ROSSO DIRECTOR 3.00 X 0 0 0 CAROLE ANN TAYLOR DIRECTOR 3.00 X 0 0 0 CHRISTIA ALOU DIRECTOR 3.00 X 0 0 0 EVELYN GREER ASSISTANT SECRETARY 3.00 X X 0 0 0 FLORENE LITTHCUT NICHOLS DIRECTOR 3.00 X 0 0 0 GERALD GRANT JR DIRECTOR 3.00 X 0 0 0 HANK KLEIN DIRECTOR 3.00 X 0 0 0 HILLIT MEIDAR-ALFI DIRECTOR 3.00 X 0 0 0 IRA D HALL CHAIR-ELECT 3.00 X X 0 0 0 J RICKY ARRIOLA PAST CHAIR 5.00 X X 0 0 0 JAVIER HERNANDEZ-LICHTL DIRECTOR 3.00 X 0 0 0 JORGE A PLASENCIA DIRECTOR 3.00 X 0 0 0 JUDY WEISER DIRECTOR 5.00 X 0 0 0 JULIA M BROWN DIRECTOR 3.00 X 0 0 0 KAREN FRYD DIRECTOR 3.00 X 0 0 0 LAURIE FLINK DIRECTOR 3.00 X 0 0 0 LUCILLE ZANGHI DIRECTOR 3.00 X 0 0 0 MARIO ERNESTO SANCHEZ DIRECTOR 3.00 X 0 0 0 MATILDE AGUIRRE TREASURER 3.00 X 0 0 0 MIKE EIDSON IMMEDIATE PAST CHAIR 3.00 X 0 0 0 MILES C WILKIN DIRECTOR 3.00 X 0 0 0 MR LARRY COLIN DIRECTOR 3.00 X 0 0 0 NATHAN LEIGHT DIRECTOR 3.00 X 0 0 0 NEILL D ROBINSON DIRECTOR 3.00 X 0 0 0 OSCAR BRAYNON II DIRECTOR 3.00 X 0 0 0 PRISCILLA THURER DIRECTOR 3.00 X 0 0 0 PIERRE R APOLLON DIRECTOR 3.00 X 0 0 0 RENE GARCIA DIRECTOR 3.00 X 0 0 0 RICHARD C MILSTEIN SECRETARY 3.00 X X 0 0 0 ROSIE GORDON-WALLACE DIRECTOR 3.00 X 0 0 0 SETH GORDON DIRECTOR 3.00 X 0 0 0 THOMAS BERGER VP AND CHIEF FINANCIAL OFF 50.00 X 197924 0 9285 M JOHN RICHARD PRESIDENT AND CEO 35.00 X 395834 0 4702 KENNETH HARRIS VP OF OPERATIONS 50.00 X 163529 0 6637 SUZANNA VALDEZ VP OF ADVANCEMENT 50.00 X 196954 0 3505 ELIZABETH WALLACE ASST. VP OF PROGRAMMING 40.00 X 164631 0 1793 VALERIE RILES VP OF BOARD & GOVERNANCE 40.00 X 148154 0 6605 PATRICIA BRENNAN VP OF HUMAN RESOURCES 40.00 X 145151 0 10132 ANDREW GOLDBERG VP OF MARKETING 40.00 X 155681 0 4030 1567858 0 46689 8 0 1 0 KEY BRAND ENTERTAINMENT 1619 BROADWAY 8TH FLOOR NEW YORK NY 10019 PROFESSIONAL SERVICES 5169409 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 1352436 WOW FACTOR MARKETING GROUP 800 DOUGLAS ROAD SUITE 105 CORAL GABLES FL 33134 PROFESSIONAL SERVICES 1327975 PRITCHARD SPORTS & ENTERTAINMENT GROUP 2130 PREIST BRIDGE DRIVE 9 CROFTON MD 21114 HOUSEKEEPING SERVICES 954799 MUSICAL ARTS ASSOCIATION 11001 EUCLID AVENUE CLEVELAND OH 44106 OPERA 852708 5 2866184 12533719 15399903 PROGRAMMING 711190 15086145 15086145 VENUE RENTAL 711190 4426016 4426016 BOX OFFICE FEES 711190 2841082 2841082 22353243 26531 0 26531 26531 26531 PARKING 900099 665663 665663 EVENT DINING 900099 354323 354323 MERCHANDISE 900099 30483 30483 45513 45513 1095982 38875659 23449225 0 26531 1916289 1271885 505329 139075 7921418 5805095 1568645 547678 308048 137427 170621 1105338 253200 722340 129798 506393 336104 133537 36752 62000 62000 1247906 941864 108911 197131 3056717 2931061 2476 123180 663356 216169 367995 79192 6935524 6935420 104 879143 879143 PROGRAMMING EXPENSES 11732368 11581718 22632 128018 FULFILLMENT COST 1293449 871164 39270 383015 OTHER EXPENSES 852682 627456 215584 9642 PARKING EXPENSES 580979 580534 255 190 806879 553532 249537 3810 39868489 33042629 5048275 1777585 4135491 3105380 1017999 1520229 1075788 2573941 565969 804309 7578505 5301755 2102142 2276750 8284690 10138015 1293292 4528 306000 306000 65875 53125 475 18847721 20782277 1820703 1704112 5484690 7522726 7305393 9226838 X 7306159 7539558 1068169 847881 3168000 3168000 11542328 11555439 18847721 20782277 -992830 959963 45978 0 X X 0 1 X 1 0 X 18343644 14032460 14689652 12722453 15399903 75188112 18343644 14032460 14689652 12722453 15399903 75188112 75188112 128510 239981 184252 -39321 26531 539953 75728065 120267600 0.99290 0.99310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 10279961 93889 652886 510399 10516337 11003247 1883000 -321946 2284340 10279961 10264158 1847320 808458 1916689 11003247 10399735 1434169 705088 2274834 10264158 10719081 344000 963092 1626438 10399735 0.69880 0.30120 0 0 3179277 2006838 1172439 2103757 1590493 513264 2295471 1704424 591047 2276750 X 40395648 959963 560026 1519989 38875659 0 38875659 40382537 514048 514048 39868489 0 39868489 PART V, LINE 4: TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS. PART X, LINE 2: THE TRUST, ACCORDING TO THE INTERNAL REVENUE SERVICES, IS EXEMPT FROM FEDERAL INCOME TAXES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE TRUST RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESS THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. MANAGEMENT BELIEVES THAT ITS NONPROFIT STATUS WOULD BE SUSTAINEED UPON EXAMINATION. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE TRUST FILES INFORMATION TAX RETURNS. THE TRUST IS GENERALLY NO LONGER TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2013. X X X X X 0 0 0 0 0 0 0 0 0 THOMAS BERGER VP AND CHIEF FINANCIAL OFF 192924 0 5000 0 0 0 0 0 9285 0 207209 0 0 0 M JOHN RICHARD PRESIDENT AND CEO 330859 0 64975 0 0 0 0 0 4702 0 400536 0 0 0 KENNETH HARRIS VP OF OPERATIONS 153529 0 10000 0 0 0 0 0 6637 0 170166 0 0 0 SUZANNA VALDEZ VP OF ADVANCEMENT 186954 0 10000 0 0 0 0 0 3505 0 200459 0 0 0 ELIZABETH WALLACE ASST. VP OF PROGRAMMING 162006 0 2625 0 0 0 0 0 1793 0 166424 0 0 0 VALERIE RILES VP OF BOARD & GOVERNANCE 138154 0 10000 0 0 0 0 0 6605 0 154759 0 0 0 PATRICIA BRENNAN VP OF HUMAN RESOURCES 135151 0 10000 0 0 0 0 0 10132 0 155283 0 0 0 ANDREW GOLDBERG VP OF MARKETING 150681 0 5000 0 0 0 0 0 4030 0 159711 0 0 0 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 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 AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTIONS OF THE INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE ANNUAL AUDIT.