Maltz Jupiter Theatre Inc
- Assets
- $40.8m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 144
- Location
- Jupiter, FL
- Founding
- 03/2001
- Data as of
- 06/2021
- EIN
- 65-0985652
Organization Overview
Maltz Jupiter Theatre Inc is located in Jupiter, FL. The organization was established in 2001. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Maltz Jupiter Theatre Inc employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maltz Jupiter Theatre 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, Maltz Jupiter Theatre Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE THEATRE IS A PROFESSIONAL REGIONAL THEATRE DEDICATED TO THE PERFORMING ARTS, WHOSE MISSION IS TO ENTERTAIN, EDUCATE AND INSPIRE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVE THEATRE PRODUCTIONS TO ENHANCE PRESENCE OF ART IN THE REGION. IN ADDITION, EDUCATIONAL AND OTHER DEVELOPMENTAL PROGRAMMING FOR THE BENEFIT OF THE GENERAL PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kato Chief Executive | Officer | 40 | $221,012 |
Kristen Feldman Director Of Finance | Officer | 40 | $95,803 |
W Scott Seeley Chairman | OfficerTrustee | 1 | $0 |
Richard J Katz Jr Secretary | OfficerTrustee | 1 | $0 |
Robin B Smith Vice Chair | OfficerTrustee | 1 | $0 |
Debra A Elmore Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northstar Management Company Llc Owner's Representative | 6/29/21 | $138,018 |
Currie Sowards Aquila Architects Architects | 6/29/21 | $115,796 |
Kaufman Lynn Construction Inc Construction Management | 6/29/21 | $394,177 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $871,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,374,568 |
| Noncash contributions included in lines 1a–1f | $125,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,245,853 |
| Total Program Service Revenue | $225 |
| Investment income | $134,993 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,382,817 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,006,025 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $373,944 |
| Compensation of current officers, directors, key employees. | $289,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $751,829 |
| Pension plan accruals and contributions | $25,667 |
| Other employee benefits | $460,548 |
| Payroll taxes | $90,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,884 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,585 |
| Fees for services: Other | $135,928 |
| Advertising and promotion | $56,573 |
| Office expenses | $42,737 |
| Information technology | $56,984 |
| Royalties | $0 |
| Occupancy | $307,560 |
| Travel | $4,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,392 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $363,212 |
| Insurance | $96,820 |
| All other expenses | $6,167 |
| Total functional expenses | $2,968,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,464 |
| Savings and temporary cash investments | $11,954,310 |
| Pledges and grants receivable | $2,850,197 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,372 |
| Prepaid expenses and deferred charges | $302,501 |
| Net Land, buildings, and equipment | $8,214,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,773,228 |
| Intangible assets | $102,381 |
| Other assets | $12,029,684 |
| Total assets | $40,833,845 |
| Accounts payable and accrued expenses | $2,267,862 |
| Grants payable | $0 |
| Deferred revenue | $2,773,802 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $435,567 |
| Other liabilities | $660,111 |
| Total liabilities | $6,137,342 |
| Net assets without donor restrictions | $10,147,531 |
| Net assets with donor restrictions | $24,548,972 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,833,845 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Maltz Jupiter Theatre Inc has recieved totaling $33,500.
| Awarding Organization | Amount |
|---|---|
John C And Mary Jane Howard Foundation Richland, MI PURPOSE: GENERAL SUPPORT | $15,500 |
Raynier Institute & Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Heichemer Fam Foundation Inc Jupiter, FL PURPOSE: EXEMPT PROGRAMS OF PUBLIC CHARITY | $5,000 |
Rogers Family Foundation Inc New York, NY PURPOSE: PERFORMING ARTS | $3,000 |
Georgescu Family Foundation Westport, CT PURPOSE: GENERAL BUSINESS | $0 |
Endowment Analysis
| Beg. Balance | $184,350 |
| Other Expense | $31,600 |
| Ending Balance | $152,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tampa Bay Performing Arts Center Tampa, FL | $46,297,228 | $24,294,667 |
The Florida Theatre Performing Arts Jacksonville, FL | $15,331,113 | $12,957,631 |
Maxwell C King Center For The Performing Arts Inc Cocoa, FL | $10,137,230 | $8,368,626 |
Rivercenter Inc Columbus, GA | $5,489,865 | $4,501,265 |
Maltz Jupiter Theatre Inc Jupiter, FL | $40,833,845 | $12,006,025 |
Opera Orlando Inc Orlando, FL | $507,305 | $2,036,240 |
Emerald Coast Theatre Company Miramar Beach, FL | $848,624 | $1,713,398 |
Zoetic Stage Inc Miami, FL | $319,976 | $861,527 |
Princess Theatre Center For The Performing Arts Decatur, AL | $709,862 | $747,473 |
Polk Theatre Inc Lakeland, FL | $2,167,498 | $771,535 |
Lake Worth Playhouse Inc Lake Worth, FL | $754,121 | $502,561 |
Boca Raton Arts District Exploratory Corporation Boca Raton, FL | $6,531,467 | $1,859,773 |