2015-06-19T10:19:29-05:00 2014-09-30 010720052 MORRISON BROWN ARGIZ & FARRA LLC 1450 BRICKELL DRIVE 18TH FLOOR MIAMI FL 33131 990 2013-10-01 650353695 PERFORMING ARTS CENTER TRUST INC PERF 7864682000 1300 BISCAYNE BOULEVARD MIAMI FL 33132 THOMAS M BERGER VP AND CHIEF FINANCIAL OFFICER 7864682000 2015-06-18 1 DAVID HOLLANDER CPA P00646430 3053735500 2013 2016-02-25 16:41:14Z M JOHN RICHARD 1300 BISCAYNE BOULEVARD MIAMI FL 33132 36950316 0 X WWW.ARSHTCENTER.ORG X 1991 FL AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, THE PERFORMING ARTS CENTER TRUST, INC. D/B/A ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY ("PACT") ENLIGHTENS, EDUCATES AND ENTERTAINS OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES. 40 40 480 635 0 0 14032460 14705958 19074447 20552736 239981 184252 884102 927556 34230990 36370502 0 0 0 0 9545184 10987638 0 0 2027073 24901607 26540779 34446791 37528417 -215801 -1157915 19829780 21218588 6973369 8896276 12856411 12322312 X AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, THE PACT ENLIGHTENS, EDUCATES AND ENTERTAINS OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES. THE CENTER EMBRACES EXCELLENCE, CELEBRATES DIFFERENCES, RENEWS THE SPIRIT AND ENGAGES DIVERSE COMMUNITIES THROUGH THE POWER OF THE PERFORMING ARTS. 0 0 28341092 21480292 PROGRAMMING: SEE SCHEDULE O FOR EXPLANATION 994830 EDUCATION AND OUTREACH: SEE SCHEDULE O FOR EXPLANATION 29335922 1 1 0 0 0 0 0 0 1 1 1 1 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 1 0 0 0 1 82 0 1 480 1 0 0 0 0 0 0 0 0 X 40 40 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 MATILDE AGUIRRE DIRECTOR 3.00 X 0 0 0 PIERRE R APOLLON DIRECTOR 3.00 X 0 0 0 J RICKY ARRIOLA PAST CHAIR 5.00 X X 0 0 0 OSCAR BRAYNON II DIRECTOR 3.00 X 0 0 0 ARMANDO J BUCELO JR DIRECTOR 3.00 X 0 0 0 MIKE EIDSON CHAIRMAN 5.00 X X 0 0 0 ALAN H FEIN CHAIR-ELECT 5.00 X X 0 0 0 FELIX GARCIA DIRECTOR 3.00 X 0 0 0 RENE GARCIA DIRECTOR 3.00 X 0 0 0 SERGIO M GONZALEZ DIRECTOR 3.00 X 0 0 0 ROSIE GORDON-WALLACE DIRECTOR 3.00 X 0 0 0 EVELYN GREER ASSIST SECRETARY 5.00 X X 0 0 0 JAMES HERRON DIRECTOR 3.00 X 0 0 0 HANK KLEIN DIRECTOR 3.00 X 0 0 0 NATHAN LEIGHT DIRECTOR 3.00 X 0 0 0 FLORENE LITTHCUT NICHOLS DIRECTOR 3.00 X 0 0 0 CARLOS C LOPEZ-CANTERA DIRECTOR 3.00 X 0 0 0 RICHARD MILSTEIN SECRETARY 5.00 X X 0 0 0 GILBERT NEVES DIRECTOR 3.00 X 0 0 0 BEVERLY A PARKER DIRECTOR 3.00 X 0 0 0 JORGE A PLASENCIA DIRECTOR 3.00 X 0 0 0 ABIGAIL POLLAK DIRECTOR 3.00 X 0 0 0 RAQUEL REGALADO DIRECTOR 3.00 X 0 0 0 ADRIANA SABINO DIRECTOR 3.00 X 0 0 0 MARIO ERNESTO SANCHEZ DIRECTOR 3.00 X 0 0 0 MARC D SARNOFF DIRECTOR 3.00 X 0 0 0 EMERY B SHEER TREASURER 5.00 X 0 0 0 RONALD A SILVER DIRECTOR 3.00 X 0 0 0 MICHELLE SPENCE-JONES 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 RAUL G VALDES-FAULI DIRECTOR 3.00 X 0 0 0 JUDY WEISER DIRECTOR 3.00 X 0 0 0 IRA D HALL DIRECTOR 3.00 X X 0 0 0 ROBERT FURNISS-ROE DIRECTOR 3.00 X 0 0 0 JAVIER HERNANDEZ-LICHTL DIRECTOR 3.00 X 0 0 0 HILLIT MEIDAR-ALFI DIRECTOR 3.00 X 0 0 0 NEILL D ROBINSON DIRECTOR 3.00 X 0 0 0 DONALD L GRAHAM DIRECTOR 3.00 X 0 0 0 M JOHN RICHARD PRESIDENT AND CEO 35.00 30.00 X 372405 181168 18600 THOMAS M BERGER VP AND CHIEF FINANCIAL OFFICER 50.00 X 0 0 0 SCOTT SHILLER EXECUTIVE VICE PRESIDENT 50.00 X 264867 0 18123 SUZANNA VALDEZ VP OF ADVANCEMENT 50.00 X 192114 0 17320 KENNETH HARRIS VP OF OPERATIONS 40.00 X 156557 0 14724 VALERIE RILES VP OF BOARD & GOVERNANCE 40.00 X 142658 0 0 ANDREW GOLDBERG VP OF MARKETING 40.00 X 149899 0 0 PATRICIA BRENNAN VP OF HUMAN RESOURCES 40.00 X 138357 0 0 JOHN BURNETT FORMER VP OF FINANCE AND CFO 50.00 X 103260 0 2311 LOUIS TERTOCHA FORMER GENERAL COUNSEL 50.00 X 102276 0 9348 1622393 181168 80426 11 1 1 0 ALLIED BARTON SECURITY SERVICES PO BOX 828854 PHILADELPHIA FL 19182 SECURITY SERVICES 1302774 PRITCHARD SPORTS & ENTERTAINMENT GROUP 2130 PREIST BRIDGE DRIVE 9 CROFTON MD 21114 HOUSEKEEPING SERVICES 807961 CARRIER CORPORATION PO BOX 905303 CHARLOTTE NC 28290 REPAIRS AND MAINTENANCE SERVICES 234401 SCHINDLER ELEVATOR CORP PO BOX 93050 CHICAGO IL 60673 ELEVATOR REPAIRS AND MAINTENANCE SERVICE 180711 EAST COAST FLOORING AND INTERIORS 2680 GATEWAY DRIVE POMPANO BEACH FL 33069 REPAIRS AND MAINTENANCE SERVICES 159752 7 4030372 9615007 1060579 16306 14705958 PROGRAMMING 711190 13787785 13787785 VENUE RENTAL 711190 3783037 3783037 BOX OFFICE FEES 711190 2981914 2981914 20552736 131788 131788 632278 579814 52464 52464 52464 PARKING 900099 495726 495726 EVENT DINING 900099 253911 253911 MERCHANDISE 900099 35429 35429 142490 142490 927556 36370502 21480292 0 184252 848546 492157 271535 84854 8390028 4306168 3329752 754108 276026 157335 93849 24842 951897 542581 323645 85671 521141 297050 177188 46903 85624 85624 1013007 802066 145269 65672 2710174 2604912 738 104524 840226 367836 376680 95710 6720978 6720978 879280 879280 PROGRAMMING EXPENSES 11592165 11355660 18049 218456 FULFILLMENT COST 1143977 589191 32603 522183 PARKING EXPENSES 463833 463833 IN KIND EXPENSES 16306 16306 1075209 619849 431210 24150 37528417 29335922 6165422 2027073 2853178 5111690 618516 1626718 2203801 1389257 1118800 1358133 488024 774467 5905646 3553218 2800076 2352428 5957352 5865012 3428183 2355783 100000 306000 91375 78625 170475 475 19829780 21218588 2359967 1926365 4409401 6969911 104001 0 100000 6973369 8896276 X 8644610 7717542 1203801 1436770 3008000 3168000 12856411 12322312 19829780 21218588 -1157915 623816 0 X X 0 1 X 1 0 X 19443967 15122464 18343644 14032460 14689652 81632187 19443967 15122464 18343644 14032460 14689652 81632187 81632187 12000 6100 128510 239981 184252 570843 82203030 137485431 0.99310 0.99570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 10264158 1847320 808458 1916689 11003247 10399735 1434169 705088 2274834 10264158 10719081 344000 963092 1626438 10399735 11171281 23689 -60534 -415355 11549791 10775075 396206 11171281 0.71000 0.29000 0 0 2253572 1106274 1147298 1205613 835612 370001 2446461 1611332 835129 2352428 ALTERNATIVE INVESTMENTS 2355783 F 2355783 X 36994318 623816 623816 36370502 0 36370502 37528417 0 37528417 0 37528417 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. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE TRUST RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES 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. X X X X X 0 0 0 0 0 0 0 0 0 M JOHN RICHARD PRESIDENT AND CEO 312945 140338 59460 40830 0 0 8923 0 9677 0 391005 181168 0 0 SCOTT SHILLER EXECUTIVE VICE PRESIDENT 251758 0 13109 0 0 0 7713 0 10410 0 282990 0 0 0 SUZANNA VALDEZ VP OF ADVANCEMENT 182472 0 9642 0 0 0 5661 0 11659 0 209434 0 0 0 KENNETH HARRIS VP OF OPERATIONS 142723 0 13834 0 0 0 4422 0 10302 0 171281 0 0 0 JOHN BURNETT FORMER VP OF FINANCE AND CFO 87177 0 16083 0 0 0 2256 0 55 0 105571 0 0 0 LOUIS TERTOCHA FORMER GENERAL COUNSEL 102276 0 0 0 0 0 3149 0 6199 0 111624 0 0 0 FORM 990, PART III, LINE 4A PROGRAMMING THE CENTER PRESENTED A FAR-SIGHTED MIX OF LOCAL, NATIONAL AND INTERNATIONAL TALENT THAT WOULD NOT OTHERWISE BE SEEN IN THIS COMMUNITY. PROGRAMMING EFFORTS RESPECTED THE UNIQUE CULTURAL DESIRES OF OUR RICHLY DIVERSE REGION AND IDENTIFIED NEW WAYS TO BRING THE ARTS INTO THE LIVES OF MORE PEOPLE. THE CENTER CONTINUES TO EXPAND ITS OFFERINGS TO A WIDER AUDIENCE THROUGH FREE PROGRAMMING, FESTIVALS, SPEAKERS AND ONE-NIGHT SHOWS. IN TOTAL, 354,000 GUESTS VISITED ITS CAMPUS IN 2013-2014, ATTENDING 313 SHOWS. THE VARIETY OF PRESENTATIONS INCLUDED: KNIGHT MASTERWORKS: A SEASON OF CLASSICAL MUSIC, POPS AND DANCE OFFERED AUDIENCES HIGH-QUALITY MUSIC PROGRAMS BY LEADING ORCHESTRAS AND SOLOISTS; A MIX OF TRADITIONAL AND INNOVATIVE POPS MUSIC CONCERTS; AND VIBRANT NEW DANCE ENSEMBLES. THE POPULAR SERIES OF 20 PERFORMANCES DREW 24,734 PEOPLE IN 2013-2014. BROADWAY IN MIAMI: THIS SERIES BROUGHT SIX BLOCKBUSTER SHOWS SEEN BY A TOTAL OF 79,838. JAZZ ROOTS: A TOTAL OF 10,732 PEOPLE ATTENDED THE SIX-PART CONCERT SERIES. FLAMENCO FESTIVAL MIAMI: A TOTAL OF 8,993 PEOPLE ATTENDED THE SIX SHOWS THAT WERE PRESENTED DURING THE 2013-2014 FLAMENCO FESTIVAL. SUMMER PROGRAMMING: THE ARSHT CENTER PRESENTED H2OMBRE, AND TEAMED UP WITH CITY THEATER TO PRESENT THE 19TH EDITION OF SUMMER SHORTS. 19,655 PEOPLE CAME TO SEE H2OMBRE DURING ITS SIX WEEK RUN. FORM 990, PART III, LINE 4B EDUCATION AND OUTREACH 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 SUCH AS ROCK ODYSSEY, A LIVE THEATER EXPERIENCE FOR ALL FIFH-GRADERS IN MIAMI-DADE COUNTY PUBLIC SCHOOLS AND IN FOCUSED, INDIVIDUALIZED EFFORTS SUCH AS AILEYCAMP MIAMI. APPROXIMATELY 29,000 K-12 PUBLIC SCHOOLCHILDREN ARE IMPACTED BY THESE EFFORTS ANNUALLY. 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. A FINAL DRAFT OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND THE FINAL FORM IS DISTRIBUTED TO THE BOARD OF DIRECTORS THAT 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 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 SELECTION OF THE INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE ANNUAL AUDIT. ADRIENNE ARSHT CENTER FOUNDATION INC 1300 BISCAYNE BOULEVARD MIAMI FL 33132 262567808 FUNDRAISING FOR ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS FL 501(C)(3) LINE 7 N/A 0 PERFORMING ARTS CENTER FOUNDATION OF GREATER MIAMI INC 1300 BISCAYNE BOULEVARD MIAMI FL 33132 650420871 REPRESENTING RESIDENT COMPANIES AT THE ADRIENNE ARSHT CENTER FL 501(C)(3) LINE 7 N/A 0 TOWN SQUARE NEIGHBORHOOD DEVELOPMENT CORPORATION 1300 BISCAYNE BOULEVARD MIAMI FL 33132 453056903 NEIGHBORHOOD REVITALIZATION FL 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ADRIENNE ARSHT CENTER FOUNDATION INC C 4030372 CASH