Peabody Auditorium Foundation
- Assets
- $257.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 46-5688286
Organization Overview
Peabody Auditorium Foundation is located in Daytona Beach, FL. The organization was established in 2015. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peabody Auditorium Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peabody Auditorium Foundation generated $190.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $119.8k during the year ending 12/2021. While expenses have increased by 15.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE PEABODY AUDITORIUM FOUNDATION IS TO ADVOCATE FOR ARTS AND CULTURE WITHIN OUR COMMUNITY, PROVIDE ARTS-RELATED EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED POPULATIONS, AND SUPPORT THE PEABODY AUDITORIUM'S EFFORTS TO PROVIDE ENRICHMENT THROUGH THE PERFORMING ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Berman Director | 40 | $76,500 | |
Lloyd Bowers Past President | 2 | $0 | |
Rene Bell Adams President | 7 | $0 | |
Ellen G Spradley Finance Counsel | 0 | $0 | |
Michael Strauss Director | 2 | $0 | |
R John Vagovic MD Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kathy Berman Executive Director | 12/30/19 | $75,600 |
Oceanshore Custom Catering Catering | 12/30/19 | $1,043 |
Kessler Creative Llc Printing | 12/30/19 | $2,814 |
David Gaudio Marketing | 12/30/19 | $2,000 |
Ultimate Elegant Fabrics Decorations / Decor | 12/30/19 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $192,779 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,476 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,372 |
| Other Revenue | $0 |
| Total Revenue | $190,883 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,600 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $495 |
| Other expenses | $43,243 |
| Total expenses | $119,788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,850 |
| Other assets | $0 |
| Total assets | $256,953 |
| Total liabilities | $25,020 |
| Net assets or fund balances | $231,933 |
Grants Awarded
Over the last fiscal year, Peabody Auditorium Foundation has awarded $137,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF DAYTONA BEACH PURPOSE: AUDITORIUM SOUND SYSTEM PURCHASE | $100,000 |
CITY OF DAYTONA BEACH PURPOSE: UNRESTRICTED | $37,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peabody Auditorium Foundation has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $201 |
| Admin Expense | $301 |
| Net Contributions | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adrienne Arsht Center Trust Inc Miami, FL | $40,375,100 | $35,550,513 |
Dr Phillips Center For The Performing Arts Inc Orlando, FL | $72,410,407 | $23,068,254 |
Broward Performing Arts Foundation Inc Fort Lauderdale, FL | $22,267,625 | $6,295,369 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Udt-Seal Museum Association Inc Fort Pierce, FL | $11,703,499 | $4,225,376 |
Tampa Bay Performing Arts Center Foundation Inc Tampa, FL | $58,693,450 | $5,079,168 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Sarasota Performing Arts Center Foundation Inc Sarasota, FL | $17,775,293 | $3,231,495 |
The Callanwolde Foundation Inc Atlanta, GA | $3,540,357 | $1,973,152 |
Birmingham Negro Southern League Museum Foundation Birmingham, AL | $525,950 | $1,055,962 |
John & Mable Ringling Museum Of Art Foundation Sarasota, FL | $7,269,339 | $1,949,232 |
Liberty Regional Medical Center Inc Hinesville, GA | $65,773 | $1,307,530 |