2013-08-12T13:47:37-05:00 2012-09-30 010720052 MORRISON BROWN ARGIZ & FARRA LLC 1450 BRICKELL AVENUE 18TH FLOOR MIAMI FL 33131 990 2011-10-01 262567808 ADRIENNE ARSHT CENTER FOUNDATION INC ADRI 7864682000 1300 BISCAYNE BOULEVARD MIAMI FL 33132 TERESA RANDOLPH 7864682000 2013-07-12 1 DAVID HOLLANDER CPA P00646430 3059897982 2011 2016-02-24 21:20:13Z M JOHN RICHARD 1300 BISCAYNE BOULEVARD MIAMI FL 33132 5034429 0 X WWW.ARSHTCENTER.ORG X 2008 FL 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. 5 5 2 0 0 0 2918034 4371829 0 0 0 0 23410 451996 2941444 4823825 6561595 5286321 0 0 311963 321527 0 0 281264 977602 355877 7851160 5963725 -4909716 -1139900 4072001 2556104 449966 107171 3622035 2448933 X 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. 0 0 5583056 ADREINNE ARSHT CENTER FOUNDATION, INC. (THE "FOUNDATION") IS A 501(C)(3) NON-PROFIT CORPORATION INCORPORATED ON APRIL 29, 2008 UNDER THE LAWS OF THE STATE OF FLORIDA. THE FOUNDATION WAS ESTABLISHED FOR THE PURPOSE OF RAISING PRIVATE CONTRIBUTIONS OF FUNDS AND IN-KIND GIFTS FOR THE PERFORMING ARTS CENTER TRUST, INC. (THE "TRUST"), A FLORIDA NON-FOR-PROFIT CORPORATION. DURING THE YEAR ENDED SEPTEMBER 30, 2012, THE FOUNDATION CONTRIBUTED APPROXIMATELY $5,286,321 TO THE TRUST TO FUND BUDGETED EXPENSES. 5583056 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 2 1 0 0 0 0 0 1 1 0 0 X 5 5 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 0 X X TERESA RANDOLPH 7864682000 1300 BISCAYNE BOULEVARD MIAMI FL 33132 ADRIENNE ARSHT 1.00 X X 0 0 0 RICHARD SHATZ 1.00 X X 0 0 0 RONALD ESSERMAN 1.00 X 0 0 0 SHERWOOD M WEISER 1.00 X 0 0 0 JOHN BURNETT 1.00 X X 0 0 0 M JOHN RICHARD 30.00 X 181099 0 0 181099 0 0 1 0 1 0 0 233237 4138592 4371829 662600 210604 451996 451996 4823825 0 0 451996 5286321 5286321 188875 37775 151100 99766 19953 79813 650 130 520 14752 2950 11802 17484 3497 13987 34670 34670 10000 10000 BAD DEBT EXPENSE 296735 296735 14472 430 14042 5963725 5583056 99405 281264 863243 155417 3191816 2400687 16942 4072001 2556104 313035 15432 50000 86000 86931 5739 449966 107171 X 1382554 38621 2089481 2250312 150000 160000 3622035 2448933 4072001 2556104 X -1139900 -33202 X X 0 1 1 X 0 X 3429033 2332631 4371829 10133493 3429033 2332631 4371829 10133493 10133493 2883 2883 23410 23410 10159786 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 150000 10000 160000 150000 150000 150000 150000 150000 150000 1.00000 0 0 0 DUE TO PERFORMING ARTS CENTER FOUNDATION 5739 5739 4823825 5963725 -1139900 -33202 -33202 -1173102 5195093 160664 210604 371268 4823825 0 4823825 6368195 193866 210604 404470 5963725 0 5963725 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO SUPPORT THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE OF 1986. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE FOUNDATION 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. 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 FOUNDATION FILES INFORMATIONAL TAX RETURNS. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE SEPTEMBER 30, 2009. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE GALA 662600 0 662600 20000 91746 98318 662600 662600 20000 91746 98318 210064 452536 1 PERFORMING ARTS CENTER TRUST INC 1300 BISCAYNE BOULEVARD MIAMI FL 33132 650353695 501(C)(3) 5286321 0 CASH TO FUND BUDGETED EXPENSES 1 X X X X X 0 0 0 0 0 0 0 0 0 M JOHN RICHARD 128924 0 52175 0 0 0 0 0 0 0 181099 0 0 0 FORM 990, PART VI, SECTION A, LINE 8A THE ORGANIZATION DOES NOT DOCUMENT THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN BY THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT DOCUMENT THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN BY EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. 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 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DONATED SERVICES AND USE OF FACILITIES: -33,202. FINANCIAL STATEMENTS AND REPORTING FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR SELECTING THE INDEPENDENT AUDITORS AND OVERSIGHT OF THE ANNUAL AUDIT. PERFORMING ARTS CENTER TRUST INC 1300 BISCAYNE BOULEVARD MIAMI FL 33132 650353695 PERFORMING ARTS CENTER FL 501(C)(3) LINE 7 N/A 0 PERFORMING ART CENTER FOUNDATION OF GREATER MIAMI INC 1300 BISCAYNE BOULEVARD MIAMI FL 33132 REPRESENTS RESIDENT COMPANY AT THE ACPA FL 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 PERFORMING ARTS CENTER TRUST INC Q 5286321 CASH