Overview
What is The Florida Theatre Performing Arts Center Inc?
The Florida Theatre Performing Arts Center Inc, a historic nonprofit organization based in downtown Jacksonville, Florida, successfully operated the Florida Theatre during the fiscal year 2022. This circa 1927 theatre, listed on the National Register of Historic Places, has a seating capacity of 1,865 and promoted or co-promoted 136 Mainstage programs, hosting 21 programs by theater renters. The Center presented 11 arts education performances at the theatre and took 30 arts education performances directly to schools. With a mission to enhance the North Florida community's quality of life, the Center provided diverse and memorable arts and entertainment experiences and preserved a unique Jacksonville landmark. During the fiscal year, the theater generated an economic impact of 16 million dollars, supporting 12 million dollars of household income, 491 full-time equivalent jobs, and 1.6 million dollars in state and local tax and fee income. The Florida Theatre Performing Arts Center, Inc. also provided opportunities for 38% of the theater rental events to be presented by other nonprofit arts and charitable organizations at a subsidized rate.
Official website here: www.floridatheatre.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Florida Theatre Performing Arts Center Inc has received a high rating of 96%, indicating strong performance in accountability and finance. This score reflects a commitment to transparency and responsible financial management, which is essential for donor confidence and organizational credibility.
Strengths highlighted in the evaluation include a fully independent board, which shows a strong governance structure, as well as excellent oversight practices with no reported material diversion of assets. Additionally, the organization maintains a high program expense ratio of nearly 80%, demonstrating a focus on its mission and effective allocation of resources.
While the organization excels in its financial practices, the summary does not illustrate any significant limitations or areas of concern, suggesting a robust operational framework. Overall, the high rating positions The Florida Theatre Performing Arts Center Inc as a trustworthy nonprofit in the performing arts sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Florida Theatre Performing Arts Center Inc legitimate?
The Florida Theatre Performing Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Florida Theatre 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: $729,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,507,060
For more financial information, click here
Official website here: www.floridatheatre.com
What is the mission statement of The Florida Theatre Performing Arts Center Inc?
The Florida Theatre Performing Arts Center Inc strives to enhance the quality of life in the community by providing diverse and memorable arts and entertainment experiences. Through its operations, the organization presents a range of programs in music, dance, theatre, and film, as well as arts education performances and outreach efforts. In the past year, over 159,000 people attended events at the theater or schools, resulting in a significant economic impact of 16 million dollars, supporting local jobs and income, and generating over 1.6 million dollars in state and local tax and fee income. Additionally, the Center preserves a historic landmark and offers discounted rentals to nonprofit arts and charitable organizations.
Official website here: www.floridatheatre.com
What is the revenue of The Florida Theatre Performing Arts Center Inc?
The Florida Theatre Performing Arts Center Inc's revenue in 2024 was $16,515,932.
Official website here: www.floridatheatre.com
Who are the executives of The Florida Theatre Performing Arts Center Inc and what are their salaries?
The average compensation at The Florida Theatre Performing Arts Center Inc during 2024 was $12,355. There are 262 employees and 162 volunteers at The Florida Theatre Performing Arts Center Inc.
Here are 24 key members and their salaries:
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- Other: $10,561
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- Other: $14,615
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Official website here: www.floridatheatre.com
Where can I find the form 990 for The Florida Theatre Performing Arts Center Inc?
The Florida Theatre Performing Arts Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.floridatheatre.com
Learn more at the official website: www.floridatheatre.com
Mission Statement of The Florida Theatre Performing Arts Center Inc
The Florida Theatre Performing Arts Center Inc, a historic and memorable arts and entertainment venue, is dedicated to enhancing the quality of life in the community by providing a diverse range of experiences. Nestled in the heart of this vibrant area, the Center preserves a unique landmark, a 1,865-seat theatre listed on the National Register of Historic Places.
Throughout the fiscal year 2022, The Florida Theatre put on an impressive show. This magnificent venue successfully managed the operation of the theatre and promoted or co-promoted a total of 157 arts and entertainment programs. These programs encompassed various genres, including music, dance, theatre, and film. In addition, the Centre presented 11 arts education performances at the theatre and took 30 arts education performances directly to schools. 38% of the theatre rental events were presented by other nonprofit arts organizations and charitable organizations at subsidized rates. The theatre attracted a grand total attendance of 159,225 people.
The economic impact of The Florida Theatre's activities during the fiscal year 2022 was an impressive 16 million dollars. This significant economic contribution supported 12 million dollars in household income, the full-time equivalent of 491 jobs, and 1.6 million dollars in state and local tax and fee income. By offering a rich cultural experience and providing a platform for other nonprofits, The Florida Theatre Performing Arts Center continues to be a beacon of arts and entertainment in the community.
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Impact
October, 2024
The Florida Theatre Performing Arts Center Inc plays a significant role in enhancing the quality of life for the North Florida community through diverse and memorable arts and entertainment experiences. Located in downtown Jacksonville, the historic Florida Theatre, which dates back to 1927, serves as a vibrant cultural hub. During the fiscal year 2022, it successfully hosted a variety of programs, including 136 mainstage performances spanning music, dance, theatre, and film. Additionally, 21 events were organized by outside renters, alongside 11 performances dedicated to arts education. The Theatre also extended its reach by presenting 30 educational performances in local schools, ensuring engagement with a wider audience.
The Theatre's impact extends beyond the arts. Total attendance for performances and events reached an impressive 159,225 people, demonstrating its role in drawing the community together. Economically, its activities generated a substantial $16 million impact, supporting $12 million in household income and providing the equivalent of 491 full-time jobs. Furthermore, it contributed $1.6 million in state and local tax revenue, highlighting its importance not only as a cultural institution but also as a vital economic engine for the region. Through its diverse programming and commitment to education, The Florida Theatre Performing Arts Center Inc fosters a rich cultural landscape that benefits the entire community.
This information is meant to be a general summary of The Florida Theatre 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 2024.
- Investment Income: $64,098
- Program Service Revenue: $8,518,080
- Gross Receipts: $17,221,965
Assets and Liabilities:
- Total Assets: $15,331,113
- Total Liabilities: $3,201,294
- Net Assets: $12,129,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATRE TICKET SALES
Revenue
$8,364,922
SCHOOL SHOWS
Revenue
$153,158
Organization Details
Founding Year
1987
Principal Officer
Numa Saisselin
Website
www.floridatheatre.comNTEE Category
Code: A610 - Arts
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