JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS

EIN: 530245017 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$306,877,220
Total Expenses
$266,224,689
Total Assets
$691,411,783
Net Assets
$558,277,557
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
DC
Principal Officer
AMBASSADOR RICHARD GRENELL
Phone
2024168000
Tax Period
2023-10-01 to 2024-09-30

JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS, founded in 1958, is a major nonprofit in the Arts, Culture & Humanities sector that reported $306.9M in total revenue in fiscal year 2023. Expenses of $266.2M left a modest 13% surplus.

Mission

THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS (KENNEDY CENTER) SERVES AS BOTH A PRESIDENTIAL MEMORIAL AND THE NATION'S CENTER FOR THE PERFORMING ARTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $182,598,373
Program Service Revenue $104,932,764
Investment Income $6,746,844
Other Revenue $12,599,239
TOTAL REVENUE $306,877,220

Expense Breakdown

Grants Paid $1,393,990
Salaries & Benefits $126,399,978
Fundraising Expenses $17,486,383
Program Expenses $232,539,940
Other Expenses $137,600,118
TOTAL EXPENSES $266,224,689

Year-over-Year Comparison

2023 2022 Change
Revenue $306,877,220 $286,438,548 +0.1%
Expenses $266,224,689 $279,943,484 0.0%
Net Income $40,652,531 $6,495,064 +5.3%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
59
Independent Members
59
Employees
2494
Volunteers
926

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$2,184,961
Total Directors
60
$0
Key Employees
9
$3,210,792
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MS DEBORAH F RUTTER PRESIDENT 39.88
Officer
$1,416,175 $43,920 $1,460,095
MS LESLIE J MILLER SR VP, DEVELOPMENT 39.88
Key Emp
$446,680 $42,920 $489,600
MS NURIT BAR-JOSEF NSO CONCERTMASTER 40.0
Highest
$429,933 $37,987 $467,920
MR TIMOTHY O'LEARY GENERAL DIRECTOR, WNO 38.85
Key Emp
$413,385 $50,907 $464,292
MS BARBARA A POLK CHIEF ADMINISTRATIVE OFFICER 39.94
Key Emp
$410,023 $25,597 $435,620
MS STACEY B JOHNSON CHIEF FINANCIAL OFFICER 37.64
Officer
$339,717 $35,862 $375,579
MS JEAN DAVIDSON EXECUTIVE DIRECTOR, NSO 38.85
Key Emp
$353,159 $8,827 $361,986
MR YING FU NSO ASSOCIATE CONCERTMASTER 40.0
Highest
$307,727 $47,737 $355,464
MR MARK M COHEE HEAD ELECTRICIAN, OPERA HOUSE 40.0
Highest
$265,003 $84,347 $349,350
MS ASWATHI ZACHARIAH EXECUTIVE VP & GENERAL COUNSEL 39.88
Officer
$331,708 $17,579 $349,287
MS MONICA S HOLT SR VP, ARTISTIC PLANNING 40.0
Key Emp
$308,908 $34,168 $343,076
MR RALPH BELLANDI VP, INFORMATION SYSTEMS 40.0
Key Emp
$312,535 $18,834 $331,369
MR JEFFREY A FINN VP, THEATER PROGRAMMING 39.94
Highest
$275,077 $48,805 $323,882
MR KEVIN F GIGLINTO SVP, MKTG & SALES(THRU 7/2023) 0.0
$250,242 $34,878 $285,120
MS EILEEN T ANDREWS VP, PUBLIC RELATIONS 40.0
Highest
$262,560 $19,643 $282,203
MR GLENN A TURNER VP, PRODUCTION 40.0
Key Emp
$237,673 $37,770 $275,443
MR ROSS RICHARDS SR VP, OPERATIONS 40.0
Key Emp
$255,627 $13,614 $269,241
MS JORDAN C LASALLE SR VP, EDUCATION 39.94
Key Emp
$213,201 $26,964 $240,165
MR DAVID M RUBENSTEIN CHAIRMAN 0.5
Officer Director
$0 $0 $0
MS ADRIENNE ARSHT TRUSTEE 0.5
Director
$0 $0 $0
MR BRIAN D BALLARD TRUSTEE 0.5
Director
$0 $0 $0
REP JOYCE BEATTY TRUSTEE 0.5
Director
$0 $0 $0
THE HON XAVIER BECERRA TRUSTEE 0.5
Director
$0 $0 $0
THE HON ANTONY BLINKEN TRUSTEE 0.5
Director
$0 $0 $0
MR DAVID C BOHNETT TRUSTEE 0.5
Director
$0 $0 $0
MS PAMELA BONDI TRUSTEE 0.5
Director
$0 $0 $0
MS MARY HELEN BOWERS TRUSTEE 0.5
Director
$0 $0 $0
THE HON MURIEL BOWSER TRUSTEE 0.5
Director
$0 $0 $0
MS HANNAH F BUCHAN TRUSTEE 0.5
Director
$0 $0 $0
THE HON LONNIE BUNCH TRUSTEE 0.5
Director
$0 $0 $0
SEN SHELLEY MOORE CAPITO TRUSTEE 0.5
Director
$0 $0 $0
THE HON MIGUEL CARDONA TRUSTEE 0.5
Director
$0 $0 $0
SEN TOM CARPER TRUSTEE 0.5
Director
$0 $0 $0
MR ROBERT CASTELLANI TRUSTEE 0.5
Director
$0 $0 $0
THE HON ELAINE CHAO TRUSTEE 0.5
Director
$0 $0 $0
SEN SUSAN COLLINS TRUSTEE 0.5
Director
$0 $0 $0
MS TATIANA COPELAND TRUSTEE 0.5
Director
$0 $0 $0
MS PAMELLA ROLAND DEVOS TRUSTEE 0.5
Director
$0 $0 $0
MR LEWIS FEREBEE TRUSTEE 0.5
Director
$0 $0 $0
MS JENNIFER FISCHER TRUSTEE 0.5
Director
$0 $0 $0
MS LYNNETTE FRIESS TRUSTEE 0.5
Director
$0 $0 $0
REP SAMUEL GRAVES TRUSTEE 0.5
Director
$0 $0 $0
MR LEE GREENWOOD TRUSTEE 0.5
Director
$0 $0 $0
MS KATE ADAMSON HASELWOOD TRUSTEE 0.5
Director
$0 $0 $0
THE HON CARLA HAYDEN TRUSTEE 0.5
Director
$0 $0 $0
THE HON MICHAEL HUCKABEE TRUSTEE 0.5
Director
$0 $0 $0
REP HAKEEM JEFFRIES TRUSTEE 0.5
Director
$0 $0 $0
REP MIKE JOHNSON TRUSTEE (AS OF 10/2023) 0.5
Director
$0 $0 $0
MS MICHELE KESSLER TRUSTEE 0.5
Director
$0 $0 $0
REP RICK LARSEN TRUSTEE 0.5
Director
$0 $0 $0
MS KAREN TUCKER LEFRAK TRUSTEE 0.5
Director
$0 $0 $0
MR ROBERT DRURY LENHARD TRUSTEE 0.5
Director
$0 $0 $0
REP JULIA LETLOW TRUSTEE 0.5
Director
$0 $0 $0
MR CARL H LINDNER III TRUSTEE 0.5
Director
$0 $0 $0
MR DOUGLAS MANCHESTER TRUSTEE 0.5
Director
$0 $0 $0
REP KEVIN MCCARTHY TRUSTEE (THRU 10/2023) 0.5
Director
$0 $0 $0
REP MICHAEL MCCAUL TRUSTEE 0.5
Director
$0 $0 $0
SEN MITCH MCCONNELL TRUSTEE 0.5
Director
$0 $0 $0
MS PHEFELIA NEZ TRUSTEE 0.5
Director
$0 $0 $0
MS CATHERINE B REYNOLDS TRUSTEE 0.5
Director
$0 $0 $0
MS KELLY ROBERTS TRUSTEE 0.5
Director
$0 $0 $0
MS DARYL ROTH TRUSTEE 0.5
Director
$0 $0 $0
MS CARI B SACKS TRUSTEE 0.5
Director
$0 $0 $0
THE HON CHARLES F SAMS III TRUSTEE 0.5
Director
$0 $0 $0
MS DENISE SAUL TRUSTEE 0.5
Director
$0 $0 $0
SEN CHUCK SCHUMER TRUSTEE 0.5
Director
$0 $0 $0
MS HILDA SOLIS TRUSTEE 0.5
Director
$0 $0 $0
MR MARC I STERN TRUSTEE 0.5
Director
$0 $0 $0
MS BILLIE TSIEN TRUSTEE 0.5
Director
$0 $0 $0
SEN CHRIS VAN HOLLEN TRUSTEE 0.5
Director
$0 $0 $0
MR JON VOIGHT TRUSTEE 0.5
Director
$0 $0 $0
SEN MARK WARNER TRUSTEE 0.5
Director
$0 $0 $0
MR KELCY WARREN TRUSTEE 0.5
Director
$0 $0 $0
MS HEATHER WASHBURNE TRUSTEE 0.5
Director
$0 $0 $0
MS PHYLLIS J WASHINGTON TRUSTEE 0.5
Director
$0 $0 $0
MR STEVEN WITKOFF TRUSTEE 0.5
Director
$0 $0 $0
MS ANDREA WYNN TRUSTEE 0.5
Director
$0 $0 $0
MR PAOLO ZAMPOLLI TRUSTEE 0.5
Director
$0 $0 $0
MR ANTHONY WELTERS VICE CHAIR 0.5
Officer
$0 $0 $0
MS JACQUELINE BADGER MARS SECRETARY 0.5
Officer
$0 $0 $0
MS SHONDA RHIMES TREASURER 0.5
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $306,877,220 $266,224,689 $691,411,783 $40,652,531
2023 $286,438,548 $279,943,484 $632,619,187 $6,495,064
2022 $239,686,348 $252,661,541 $619,695,551 $-12,975,193
2021 $131,887,930 $138,496,216 $656,902,311 $-6,608,286
2020 $198,487,719 $196,242,584 $635,866,603 $2,245,135
2019 $326,464,245 $254,886,291 $661,370,760 $71,577,954
2018 $319,131,963 $279,625,925 $556,989,780 $39,506,038
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