Sarasota Performing Arts Center Foundation Inc

Organization Overview

Sarasota Performing Arts Center Foundation Inc is located in Sarasota, FL. The organization was established in 1988. 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. As of 06/2021, Sarasota Performing Arts Center Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota Performing Arts Center Foundation Inc 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 06/2021, Sarasota Performing Arts Center Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 11.3% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VAN WEZEL FOUNDATION'S MISSION IS TO CREATE AND SUSTAIN A VIBRANT PERFORMING ARTS CENTER, ADVANCE EDUCATION, AND ENRICH COMMUNITIES BY INSPIRING MINDS THROUGH THE POWER OF THE ARTS. THE FOUNDATION HAS PARTNERED WITH THE VAN WEZEL PERFORMING ARTS HALL SINCE 1987 TO SUPPORT ARTS EDUCATION THROUGHOUT OUR REGION, SERVING MORE THAN 50,000 STUDENTS AND THEIR FAMILIES ANNUALLY WITH ENRICHING ARTS-BASED EDUCATION OPPORTUNITIES AND PROFESSIONAL DEVELOPMENT FOR MORE THAN 400 TEACHERS ACROSS FIVE COUNTIES. THE VAN WEZEL FOUNDATION IS LEADING THE VISION TO BUILD A NEW SARASOTA PERFORMING ARTS CENTER IN PARTNERSHIP WITH THE CITY, AND IN COLLABORATION WITH THE BAY PARK CONSERVANCY AND VAN WEZEL HALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION USES THE ARTS AND ARTS EDUCATION TO SUPPORT ACADEMIC SUCCESS AND SOCIAL, EMOTIONAL, MENTAL AND ECONOMIC WELL BEING IN THE COMMUNITY. THE FOUNDATION'S PROGRAMS REACH OVER 50,000 STUDENTS AND TRAIN HUNDREDS OF TEACHERS IN ARTISTIC AND ACADEMIC LITERACY AND CULTURAL RESPONSIVENESS ACROSS FIVE COUNTIES EACH YEAR. THE FOUNDATION PROVIDES FUNDING FOR TICKETS AND BUSING FOR OVER 30,000 STUDENTS TO ATTEND SCHOOLTIME PERFORMANCES EACH YEAR; FUNDING FOR TEACHERS TO SUPPLEMENT THE STUDENTS' EXPERIENCE IN THE CLASSROOM USING ARTS INTEGRATIVE LEARNING TECHNIQUES; FUNDING FOR MASTER CLASSES FOR TEACHERS; AND FUNDING FOR YOUTH, FAMILIES, SENIORS, MILITARY FAMILIES AND INDIVIDUALS TO SEE, EXPERIENCE AND PARTICIPATE IN LIVE SHOWS AND EVENTS.


ADDITIONALLY, THE FOUNDATION PROVIDES GRANTS TO THE VAN WEZEL PERFORMING ARTS HALL FOR EDUCATION PROGRAMS AND MAIN STAGE SPONSORSHIPS.


THE FOUNDATION USES THE ARTS AND ARTS EDUCATION TO SUPPORT ACADEMIC SUCCESS AND SOCIAL, EMOTIONAL, MENTAL AND ECONOMIC WELL BEING IN THE COMMUNITY. THE FOUNDATION'S PROGRAMS REACH OVER 50,000 STUDENTS AND TRAIN HUNDREDS OF TEACHERS IN ARTISTIC AND ACADEMIC LITERACY AND CULTURAL RESPONSIVENESS ACROSS FIVE COUNTIES EACH YEAR. THE FOUNDATION PROVIDES FUNDING FOR TICKETS AND BUSING FOR OVER 30,000 STUDENTS TO ATTEND SCHOOLTIME PERFORMANCES EACH YEAR; FUNDING FOR TEACHERS TO SUPPLEMENT THE STUDENTS' EXPERIENCE IN THE CLASSROOM USING ARTS INTEGRATIVE LEARNING TECHNIQUES; FUNDING FOR MASTER CLASSES FOR TEACHERS; AND FUNDING FOR YOUTH, FAMILIES, SENIORS, MILITARY FAMILIES AND INDIVIDUALS TO SEE, EXPERIENCE AND PARTICIPATE IN LIVE SHOWS AND EVENTS.


ADDITIONALLY, THE FOUNDATION PROVIDES GRANTS TO THE VAN WEZEL PERFORMING ARTS HALL FOR EDUCATION PROGRAMS AND MAIN STAGE SPONSORSHIPS.


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Board, Officers & Key Employees

Name (title)Compensation
Cheryl Mendelson
CEO
$263,739
Tracey Beeker
Director Of Marketing
$104,610
Sasha Hausman
Director Of Development
$100,905
Jenne Britell
Vice Chair
$0
James Travers
Chair
$0
Vern Chalfant
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Community Counselling Service Co
Consulting
$125,000
Ams Planning & Research Corp
Consulting
$127,550
Community Counselling Service Co
Consulting
$125,000
Ams Planning & Research Corp
Consulting
$127,550
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $450,476
All other contributions, gifts, grants, and similar amounts not included above$1,959,733
Noncash contributions included in lines 1a–1f $296,269
Total Revenue from Contributions, Gifts, Grants & Similar$2,410,209
Total Program Service Revenue$0
Investment income $347,719
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $472,481
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,231,495

Grants Awarded

Over the last fiscal year, Sarasota Performing Arts Center Foundation Inc has awarded $1,117,414 in support to 4 organizations.

Grant RecipientAmount

VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

PURPOSE: DIRECT SUPPORT TO VAN WEZEL PERFORMING ARTS HALL, INCLUDING COMMUNITY EDUCATION/OUTREACH, SPECIAL PROGRAMS, BEAUTIFICATION AND UNIQUE EQUIPMENT NEEDS.

$323,101

VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

PURPOSE: DIRECT SUPPORT TO VAN WEZEL PERFORMING ARTS HALL, INCLUDING COMMUNITY EDUCATION/OUTREACH, SPECIAL PROGRAMS, BEAUTIFICATION AND UNIQUE EQUIPMENT NEEDS.

$323,101

VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

PURPOSE: PASSTHROUGH GRANTS

$235,606

VAN WEZEL PERFORMING ARTS HALL CITY OF SARASOTA

PURPOSE: PASSTHROUGH GRANTS

$235,606
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Sarasota Performing Arts Center Foundation Inc has recieved totaling $653,066.

Awarding OrganizationAmount
Gulf Coast Community Foundation Inc

Venice, FL

PURPOSE: ARTS & CULTURE

$398,106
Community Foundation Of Sarasota County Inc

Sarasota, FL

PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT

$95,696
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$62,664
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$19,100
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$14,000
Suncoast Foundation For Handicapped Children Inc

Sarasota, FL

PURPOSE: CHARITABLE CONTRIBUTION

$11,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,676,274
Earnings$1,420,374
Other Expense$766,419
Grants$558,707
Ending Balance$15,771,522

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