Overview
What is Raymond F Kravis Center For The Performing Arts Inc?
The Raymond F Kravis Center for the Performing Arts Inc, located in West Palm Beach, Florida, is a leading not-for-profit organization dedicated to enriching Palm Beach County's cultural landscape. With a mission to present a diverse schedule of national and international performing artists and companies of the highest caliber, the Kravis Center broadens the community's exposure to the performing arts through main, Broadway, and classical performance series. Boasting 106 shows, the center fosters arts education by offering comprehensive education and community outreach programs. As a community leader and significant economic catalyst, the Kravis Center supports regional performing arts organizations and contributes to increasing travel and tourism in Palm Beach County. Employing 214 individuals, the Raymond F Kravis Center for the Performing Arts is a vibrant hub for artistic expression and growth in Florida.
Official website here: www.kravis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Raymond F Kravis Center For The Performing Arts Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a perfect score in both Accountability & Finance and Leadership & Adaptability, the organization demonstrates a commitment to transparency and effective governance. Notably, the board is entirely composed of independent members, which enhances its oversight capabilities.
User reviews present a mixed perspective, with a notable criticism regarding past legal issues that led to significant financial repercussions. One review highlighted a court ruling against the organization that resulted in a substantial penalty, raising concerns about management decisions. Despite this, the Kravis Center appears to be actively working to overcome these challenges and has made efforts to adapt to external changes.
Overall, while the Kravis Center is recognized for its strong financial practices and independent governance, it faces scrutiny due to its historical management issues. The organization is focusing on improving its leadership and stability moving forward, and it is essential for potential donors to weigh both the positive ratings and the past controversies when considering support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Raymond F Kravis Center For The Performing Arts Inc legitimate?
Raymond F Kravis Center For The Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raymond F Kravis Center For The Performing Arts 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: $1,607,319
Professional Fundraising Fees: $30,525
Other Salaries and Wages: $7,368,413
For more financial information, click here
Official website here: www.kravis.org
What is the mission statement of Raymond F Kravis Center For The Performing Arts Inc?
The Raymond F Kravis Center for the Performing Arts is a not-for-profit organization dedicated to enhancing the quality of life in a community by presenting a diverse array of national and international performing artists and companies of outstanding quality. The center promotes arts education through comprehensive education and community outreach programs. Acting as a community leader and significant economic catalyst, the Kravis Center showcases regional performing arts organizations and supports initiatives to boost travel and tourism.
Official website here: www.kravis.org
Who is the CEO of Raymond F Kravis Center For The Performing Arts Inc?
Diane Quinn is the Director of Raymond F Kravis Center For The Performing Arts Inc. The CEO's salary of Raymond F Kravis Center For The Performing Arts Inc is $0 and their total compensation is $0.
Official website here: www.kravis.org
What is the revenue of Raymond F Kravis Center For The Performing Arts Inc?
Raymond F Kravis Center For The Performing Arts Inc's revenue in 2022 was $38,946,288.
Official website here: www.kravis.org
Who are the executives of Raymond F Kravis Center For The Performing Arts Inc and what are their salaries?
The average compensation at Raymond F Kravis Center For The Performing Arts Inc during 2022 was $41,943. There are 214 employees and 400 volunteers at Raymond F Kravis Center For The Performing Arts Inc.
Here are 32 key members and their salaries (Raymond F Kravis Center For The Performing Arts Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $110,684
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- Compensation: $105,527
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- Compensation: $502,649
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- Other: $26,000
Official website here: www.kravis.org
Where can I find the form 990 for Raymond F Kravis Center For The Performing Arts Inc?
Raymond F Kravis Center For The Performing Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kravis.org
Learn more at the official website: www.kravis.org
Mission Statement of Raymond F Kravis Center For The Performing Arts Inc
The Raymond F Kravis Center for the Performing Arts is a not-for-profit organization with a mission to enrich the lives of people in Palm Beach County by presenting a diverse range of high-quality national and international performing artists and companies. The Kravis Center takes pride in fostering arts education through comprehensive education and community outreach programs. As a leader in the community and a major economic catalyst, the Center seeks to showcase local performing arts organizations and support initiatives to boost travel and tourism in the area. By presenting a diverse schedule of artists and educational programs, the Kravis Center enhances the cultural landscape of Palm Beach County.
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Impact
October, 2024
The Raymond F. Kravis Center for the Performing Arts significantly enriches the cultural landscape of West Palm Beach and the surrounding Palm Beach County. By presenting a diverse lineup of national and international performing artists, the Center introduces the community to a wide array of theatrical, dance, and musical experiences, with an impressive 106 shows scheduled annually. This broad exposure to the performing arts enhances the cultural literacy and appreciation among local audiences.
Additionally, the Center plays a crucial role in fostering arts education through comprehensive outreach programs, making the arts accessible to a wider audience, including students and underserved populations. This educational commitment not only nurtures future artists but also cultivates a deeper understanding of the arts within the community.
Moreover, the Kravis Center acts as a major economic catalyst for the region. By promoting tourism and attracting visitors for performances, it supports local businesses and contributes to the overall economic vitality of Palm Beach County. Its mission aligns with enhancing the quality of life for residents, all while showcasing the rich variety of performing arts available in the area. As a hub for cultural engagement, the Kravis Center continues to leave a lasting impact on its community and the broader arts landscape.
This information is meant to be a general summary of Raymond F Kravis Center For The Performing Arts 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: $4,769,320
- Program Service Revenue: $15,234,522
- Gross Receipts: $48,834,130
Assets and Liabilities:
- Total Assets: $195,673,328
- Total Liabilities: $63,860,892
- Net Assets: $131,812,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATER ADMISSIONS
Revenue
$12,334,796
OTHER INCOME
Revenue
$1,743,366
THEATER RENTAL
Revenue
$1,156,360
Organization Details
Founding Year
1982
Phone
(561) 833-8300Principal Officer
Diane Quinn
Main Address
701 OKEECHOBEE BOULEVARD, WEST PALM BEACH, FL, 33401
Website
www.kravis.orgNTEE Category
Code: A610 - Arts
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