Peabody Auditorium Foundation
- Assets
- $211.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- 03/2015
- Data as of
- 12/2022
- 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 12/2022, Peabody Auditorium Foundation generated $114.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $128.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 6 years. 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
2022
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 |
|---|---|---|---|
Lloyd Bowers Past President | 5 | $0 | |
Ellen G Spradley Finance Counsel | 0 | $0 | |
Rene Bell Adams President | 5 | $0 | |
R John Vagovic MD Director | 5 | $0 | |
Dr Maryann Bull Director | 5 | $0 | |
Kym Zurstadt Vice President | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ultimate Elegant Fabrics Decorations / Decor | 12/30/19 | $3,000 |
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 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,119 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,597 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,762 |
| Other Revenue | $0 |
| Total Revenue | $114,478 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,380 |
| Professional fees and other payments to independent contractors | $460 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $538 |
| Other expenses | $48,487 |
| Total expenses | $128,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,962 |
| Other assets | $0 |
| Total assets | $211,090 |
| Total liabilities | $9,232 |
| Net assets or fund balances | $201,858 |
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 |