FORT LAUDERDALE PERFORMING ARTSINC

EIN: 592651755 501(c)(3)

FORT LAUDERDALE, FL

Total Revenue
$227,435
Total Expenses
$214,212
Total Assets
$26,547
Net Assets
$-3,800
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
ALEJANDRO KALAF
Phone
9543511696
Tax Period
2020-10-01 to 2021-09-30

FORT LAUDERDALE PERFORMING ARTSINC, founded in 1986, is a small nonprofit that reported $227K in total revenue in fiscal year 2020. Revenue surged 370% from the prior year, signaling strong growth momentum. Expenses of $214K left a modest 6% surplus.

Mission

FT LAUDERDALE PERFORMING ARTS, INC IS COMPRISED OF THE ORIGINAL FT LAUDERDALE GAY MEN'S CHORUS AND THE FT LAUDERDALE WOMEN'S CHORUS. THE MEN'S CHORUS WAS FOUNDED APRIL 1, 1986 AND WAS THE FIRST GAY PERFORMING ARTS ORGANIZATION IN THE STATE OF FLORIDA. FORMED UNDER THE NAME THE GAY MEN'S CHORUS OF SOUTH FLORIDA, THE NAME WAS CHANGED TO SOUTH FLORIDA CHORAL ARTS AND LATER TO FORT LAUDERDALE PERFORMING ARTS IN JANUARY OF 2012, WHEN A SPLIT IN THE ORGANIZATION OCCURRED IN 2010, THE OTHER GROUP TOOK OUR ORIGINAL NAME. THE WOMEN'S CHORUS WAS FORMED IN DECEMBER 2008 AND IS COMPRISED OF LESBIANS AND STRAIGHT WOMEN. OUR MISSION IS "TO BUILD COMMUNITY THROUGH QUALITY MUSICAL PERFORMANCES AND CIVIC ENGAGEMENT THAT PROMOTE A WORLD THAT VALUES AND ACCEPTS DIVERSITY."

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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 (2020)

Revenue Breakdown

Contributions & Grants $216,126
Program Service Revenue $11,309
Investment Income $0
Other Revenue $0
TOTAL REVENUE $227,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $938
Program Expenses $208,495
Other Expenses $214,212
TOTAL EXPENSES $214,212

Year-over-Year Comparison

2020 2019 Change
Revenue $227,435 $48,441 +3.7%
Expenses $214,212 $51,394 +3.2%
Net Income $13,223 $-2,953 -5.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
25

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
3
$3,400
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK COLE TREASURER 4.00
Officer
$3,400 $0 $3,400
SYDNEY COHEN DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA DZIURGOT DIRECTOR 2.00
Director
$0 $0 $0
JESSICA FAIRCHILD DIRECTOR 2.00
Director
$0 $0 $0
DAVID KLOS DIRECTOR 2.00
Director
$0 $0 $0
JUSTIN KNIGHT DIRECTOR 2.00
Director
$0 $0 $0
APRIL LAURITANO DIRECTOR 2.00
Director
$0 $0 $0
RICHARD SCHULTZ DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL SOLLOA DIRECTOR 2.00
Director
$0 $0 $0
ANDREA TOLEDANO DIRECTOR 2.00
Director
$0 $0 $0
JAMES WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
FRED JOHNSON SECRETARY 2.00
Officer
$0 $0 $0
ALEJANDRO KALAF CHAIR 2.00
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
2021 $227,435 $214,212 $26,547 $13,223
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