Overview
What is Tampa Bay Performing Arts Center Inc?
Tampa Bay Performing Arts Center Inc, also known as The Straz Center, is a renowned nonprofit organization in Tampa, Florida. With a workforce of 462 employees, they are dedicated to arts programming and community engagement. In 2009/2010, they received a significant philanthropic gift from the David A. Straz Jr. Foundation, which led to the renaming of the center. The Straz Center is the premier venue for performing arts in the Tampa Bay Area and is considered the largest performing arts complex south of the Kennedy Center. They book touring Broadway shows, host various events, and have a strong focus on education and community outreach. Despite the challenges brought on by the COVID-19 pandemic, they successfully reopened their doors and have since thrived, offering a full season of Broadway shows and community programs. Their mission is to inspire, educate, and enrich the community through the transformative power of performing arts. The Straz Center continues to make a strong commitment to diversity, equity, accessibility, and community engagement.
Official website here: www.strazcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Tampa Bay Performing Arts Center Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a score of 96%, the organization demonstrates strong governance practices, including a board composed entirely of independent members and rigorous financial oversight.
The charity excels in several key areas, including having no material diversion of assets and maintaining excellent policies for conflict of interest and whistleblower protections. Additionally, it shows a commendable program expense ratio of 84.72%, indicating that a significant portion of its funds is directed toward its mission rather than administrative costs.
While the organization appears to be strong in accountability and finance, the summary does not provide insights into the impact of its programs or community feedback. Potential donors and supporters may want to look further into the organization's mission and program effectiveness for a comprehensive view.
This AI summary has been generated from information found on Charity Navigator.
Is Tampa Bay Performing Arts Center Inc legitimate?
Tampa Bay Performing Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa Bay Performing Arts Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,111,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,396,186
For more financial information, click here
Official website here: www.strazcenter.org
What is the mission statement of Tampa Bay Performing Arts Center Inc?
The Tampa Bay Performing Arts Center Inc aims to inspire, educate, and enrich the entire community through the transformative power of the performing arts. The organization is committed to presenting a diverse range of programming that brings blockbuster musicals, thought-provoking singer-songwriters, opera performances, and more to audiences. Despite the challenges presented by the COVID-19 pandemic, the Center continued to serve its community by providing virtual events and offering complimentary tickets to those in need. In their 21/22 fiscal year, they returned to their stages with a full season of performances and welcomed the next generation of performers through their Patel Conservatory. The organization also continued to prioritize community engagement and diversity, with initiatives focused on access and inclusion for all.
Official website here: www.strazcenter.org
Who is the CEO of Tampa Bay Performing Arts Center Inc?
Gregory Holland is the Principal Officer of Tampa Bay Performing Arts Center Inc. The CEO's salary of Tampa Bay Performing Arts Center Inc is $902,114 and their total compensation is $949,748.
Official website here: www.strazcenter.org
What is the revenue of Tampa Bay Performing Arts Center Inc?
Tampa Bay Performing Arts Center Inc's revenue in 2022 was $36,133,717.
Official website here: www.strazcenter.org
Who are the executives of Tampa Bay Performing Arts Center Inc and what are their salaries?
The average compensation at Tampa Bay Performing Arts Center Inc during 2022 was $22,743. There are 462 employees and 767 volunteers at Tampa Bay Performing Arts Center Inc.
Here are 70 key members and their salaries (Tampa Bay Performing Arts Center Inc's CEO's salary is $902,114 and their total compensation is $949,748):
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Official website here: www.strazcenter.org
Where can I find the form 990 for Tampa Bay Performing Arts Center Inc?
Tampa Bay Performing Arts Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.strazcenter.org
Learn more at the official website: www.strazcenter.org
Mission Statement of Tampa Bay Performing Arts Center Inc
The Tampa Bay Performing Arts Center Inc, also known as The Straz Center, is a renowned institution dedicated to inspiring, educating, and enriching the entire community through the transformative power of performing arts. With a mission to bring the best of Broadway and other world-class performances to the Tampa Bay area, The Straz Center is considered the largest performing arts center south of the Kennedy Center and one of the most successful single-week markets in the nation.
The Straz Center's impact extends beyond the stage, serving as an economic catalyst for the performing arts. It books touring Broadway shows, producing its own events, and providing education programs for people of all ages. During the unexpected closure due to the pandemic, the organization took immediate action, seeking government assistance and assertive fundraising, to ensure a safe and successful return. The Straz Center's commitment to the community and its patrons was rewarded with a full season return at the start of the 21/22 fiscal year and thriving attendance.
The Straz Center's staff and students are at the heart of its success. Its Patel Conservatory nurtures the next generation of performers, while its outreach programs in schools and underserved communities continue Judy Lisi's legacy of accessibility and inclusivity. During her tenure as President and CEO, The Straz Center became one of the most formidable performing arts centers in the nation, with relationships built with the New York theater community making it the Broadway of the South. Dedicated to both community engagement and diversity, The Straz Center continues to evolve as a strong cultural institute with its IDEA initiative and a firm commitment to welcoming and including all.
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Impact
October, 2024
The Tampa Bay Performing Arts Center, now known as the David A. Straz, Jr. Center for the Performing Arts, plays a pivotal role in enriching the cultural landscape of the Tampa Bay area by using the transformative power of the performing arts to inspire and educate the community. Recognized as the largest performing arts complex south of the Kennedy Center, it serves as a dynamic venue that hosts an array of performances, including blockbuster musicals, operas, and comedy shows, which attract diverse audiences throughout the region.
During challenging times, such as the COVID-19 pandemic, the Straz Center demonstrated resilience and commitment by securing government assistance and implementing strategic fundraising efforts, ensuring their doors could reopen safely. Their return to full programming included a vibrant slate of productions that once again thrilled audiences, engaged students eager to develop their talents, and featured community events that brought people together.
Through initiatives focused on inclusion, diversity, equity, and accessibility (IDEA), the Straz Center fosters an environment that welcomes all members of the community. Their outreach programs, such as the Cultural Institute Program, not only spotlight BIPOC artistry but also engage thousands of individuals through performances, master classes, and community conversations, reinforcing connections within the diverse Tampa Bay community.
The center's impact extends beyond entertainment; it also prioritizes arts education through the Patel Conservatory, cultivating the next generation of performers and providing accessible experiences for students across underserved communities. By offering complimentary tickets and educational outreach, the Straz Center ensures that the transformative experiences of the performing arts are available to everyone.
Moreover, the Straz Center's commitment to veterans and first responders through programs like Straz Salutes underscores its dedication to serving those who have served, harnessing the healing power of the arts to support their transition to community life.
Overall, the Straz Center emerges as a vital cultural and economic catalyst, engaging the community through a wide array of performances and educational initiatives while continuing to adapt and thrive in a changing landscape.
This information is meant to be a general summary of Tampa Bay Performing Arts Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $564,711
- Program Service Revenue: $21,342,367
- Gross Receipts: $43,457,070
Assets and Liabilities:
- Total Assets: $47,469,938
- Total Liabilities: $19,220,231
- Net Assets: $28,249,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$12,167,361
BOX OFFICE FEES
Revenue
$4,006,401
EDUCATION TUITION & PROGRAM FEES
Revenue
$2,824,457
SERVICE FEE INCOME
Revenue
$1,765,110
RENT
Revenue
$579,038
Organization Details
Founding Year
1980
Phone
(813) 222-1044Principal Officer
Gregory Holland
Main Address
1010 NORTH WC MACINNES PLACE, TAMPA, FL, 336023720
Website
www.strazcenter.orgNTEE Category
Code: A61 - Arts
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