BROWARD PERFORMING ARTS FOUNDATION INC

EIN: 592657043 501(c)(3)

FORT LAUDERDALE, FL

Total Revenue
$10,099,250
Total Expenses
$8,883,121
Total Assets
$32,090,106
Net Assets
$28,340,685
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
FL
Principal Officer
LISA KITEI
Phone
9544683298
Tax Period
2024-10-01 to 2025-09-30

BROWARD PERFORMING ARTS FOUNDATION INC, founded in 1985, is a mid-sized nonprofit that reported $10.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $8.9M left a modest 12% surplus.

Mission

THE BROWARD PERFORMING ARTS FOUNDATION, INC.'S MISSION IS TO SUSTAIN, DEVELOP AND SECURE THE FUTURE OF THE PERFORMING ARTS IN BROWARD COUNTY, FLORIDA, PRIMARILY BY PROVIDING SUPPORT FOR THE PROGRAMMING, EDUCATIONAL ACTIVITIES, OPERATIONS AND CAPITAL DEVELOPMENT OF THE BROWARD CENTER FOR THE PERFORMING ARTS.

Program Service Accomplishments

Program 1
Expenses: $7,246,313

THE BROWARD PERFORMING ARTS FOUNDATION SUPPORTS HIGH-QUALITY ARTISTIC AND CULTURAL PROGRAMMING, INCLUDING MUSICAL PERFORMANCES SPANNING A WIDE RANGE OF GENRES, THEATER, DANCE, COMEDY AND MORE, AT THE...

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THE BROWARD PERFORMING ARTS FOUNDATION SUPPORTS HIGH-QUALITY ARTISTIC AND CULTURAL PROGRAMMING, INCLUDING MUSICAL PERFORMANCES SPANNING A WIDE RANGE OF GENRES, THEATER, DANCE, COMEDY AND MORE, AT THE BROWARD CENTER FOR THE PERFORMING ARTS AND ITS AFFILIATED VENUE, THE PARKER. IN ADDITION TO SUPPORTING PROGRAMMING, THE FOUNDATION RAISES CAPITAL FUNDS TO SUSTAIN THE VENUES AND RECENTLY COMPLETED TWO CAPITAL CAMPAIGNS: THE 60-MILLION ENCORE CAPITAL CAMPAIGN TO EXPAND, RENOVATE AND REVITALIZE THE BROWARD CENTER AND THE 30-MILLION CAMPAIGN FOR THE PARKER TO RESTORE PARKER PLAYHOUSE. THE FOUNDATION ALSO MAINTAINS AN ENDOWMENT FUND DESIGNED TO PROVIDE A RELIABLE SOURCE OF INCOME IN PERPETUITY TO SUPPORT MISSION-DRIVEN ACTIVITIES. THE BROWARD PERFORMING ARTS FOUNDATION SUPPORTS A WIDE VARIETY OF EDUCATIONAL PROGRAMMING AT THE BROWARD CENTER, WHICH CONSTITUTES THE LARGEST FREE ARTS-IN-EDUCATION PROGRAM IN THE COUNTRY AND HAS SERVED MORE THAN 3.8 MILLION STUDENTS TO DATE. THROUGH THE STUDENT ENRICHMENT THROUGH THE ARTS (SEAS) PROGRAM, MORE THAN 100,000 PUBLIC SCHOOL K-12 STUDENTS EACH YEAR HAVE THE OPPORTUNITY TO ATTEND EDUCATIONAL AND CULTURAL PERFORMANCES AT THE BROWARD CENTER AND THE PARKER FREE OF CHARGE AND PARTICIPATE IN CORRESPONDING CURRICULUM-BASED ACTIVITIES THAT HELP EXTEND THE LEARNING EXPERIENCE BEYOND THE THEATER SEATS. THE READING READINESS THROUGH THE THEATER PROGRAM BRINGS MORE THAN 2,000 AT-RISK PRE-K STUDENTS AND THEIR FAMILIES EACH YEAR TO SEE LIVE LITERATURE-BASED PERFORMANCES TOGETHER AT BROWARD CENTER VENUES. A LEADER IN ARTS ACCESSIBILITY, THE CENTER HAS ALSO BEEN RECOGNIZED FOR THE IMPACT OF ITS "SENSORY-INCLUSIVE" THEATRICAL PERFORMANCES, CLASSES AND OTHER PROGRAMMING AIMED AT INCREASING ACCESS TO AND ENGAGEMENT WITH THE ARTS FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND OTHER SPECIAL NEEDS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,423,964
Program Service Revenue $0
Investment Income $675,286
Other Revenue $0
TOTAL REVENUE $10,099,250

Expense Breakdown

Grants Paid $6,566,833
Salaries & Benefits $1,319,968
Fundraising Expenses $1,323,519
Program Expenses $7,246,313
Other Expenses $996,320
TOTAL EXPENSES $8,883,121

Year-over-Year Comparison

2024 2023 Change
Revenue $10,099,250 $11,943,994 -0.2%
Expenses $8,883,121 $8,380,667 +0.1%
Net Income $1,216,129 $3,563,327 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
41
Independent Members
41
Employees
9
Volunteers
600

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
6
$388,987
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE S LEMIEUX CHAIR 1.00
Officer Director
$0 $0 $0
DEV MOTWANI VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALICE LUCIA JACKSON SECRETARY 1.00
Officer Director
$0 $0 $0
ANN BURRIS TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT B LOCHRIE III IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
JOHN E ABDO DIRECTOR 1.00
Director
$0 $0 $0
BEVERLY RAPHAEL ALTMAN DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE AOUN DIRECTOR 1.00
Director
$0 $0 $0
BONNIE BARNETT DIRECTOR 1.00
Director
$0 $0 $0
RICHARD BERKOWITZ DIRECTOR 1.00
Director
$0 $0 $0
ROBERT ESPOSITO DIRECTOR 1.00
Director
$0 $0 $0
RHANA GHOSH DIRECTOR 1.00
Director
$0 $0 $0
NUGENE HARVEY DIRECTOR 1.00
Director
$0 $0 $0
ANDREW HELLER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN HUSEMAN DIRECTOR 1.00
Director
$0 $0 $0
CAROL KALAGHER DIRECTOR 1.00
Director
$0 $0 $0
JAMES LABATE DIRECTOR 1.00
Director
$0 $0 $0
CHARLES B LADD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LANDRY DIRECTOR 1.00
Director
$0 $0 $0
RAY LEIGHTMAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LEPERA DIRECTOR 1.00
Director
$0 $0 $0
JARETT LEVAN DIRECTOR 1.00
Director
$0 $0 $0
DOMINICK MINIACI DIRECTOR 1.00
Director
$0 $0 $0
PEGGY OLIN DIRECTOR 1.00
Director
$0 $0 $0
JULIE PABST DIRECTOR 1.00
Director
$0 $0 $0
CHARLES L PALMER DIRECTOR 1.00
Director
$0 $0 $0
JODI PECK DIRECTOR 1.00
Director
$0 $0 $0
RAMON RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
ANNE SCHERER DIRECTOR 1.00
Director
$0 $0 $0
BARRY E SOMERSTEIN ESQ DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE HOWLAND SUSSMAN DIRECTOR 1.00
Director
$0 $0 $0
J KENNETH TATE DIRECTOR 1.00
Director
$0 $0 $0
GEORGE TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE TOOTHAKER DIRECTOR 1.00
Director
$0 $0 $0
ERIC VAINDER DIRECTOR 1.00
Director
$0 $0 $0
JOYCE WORTHINGTON VIRGA DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS VON ALLMEN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE WELCH DIRECTOR 1.00
Director
$0 $0 $0
GARY WENDT DIRECTOR 1.00
Director
$0 $0 $0
JAKE WURZAK DIRECTOR 1.00
Director
$0 $0 $0
KURT ZIMMERMAN DIRECTOR 1.00
Director
$0 $0 $0
LISA KITEI PRESIDENT 40.00
Officer
$366,944 $22,043 $388,987
PETER W NEIROUZ DIR. OF DEV 40.00
Highest
$183,249 $23,215 $206,464
JUDITH CARNEY DIR. OF DEVE 40.00
Highest
$131,615 $18,845 $150,460
CHRISTI L RICE DIR. OF GRAN 40.00
Highest
$102,066 $17,897 $119,963
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
2025 $10,099,250 $8,883,121 $32,090,106 $1,216,129
2024 $11,943,994 $8,380,667 $30,477,303 $3,563,327
2023 $8,345,158 $6,083,366 $24,656,140 $2,261,792
2022 $6,295,369 $5,290,922 $22,267,625 $1,004,447
2021 $7,581,704 $6,494,387 $26,498,750 $1,087,317
2020 $11,523,677 $10,704,170 $26,707,563 $819,507
2019 $15,036,248 $14,309,085 $30,496,176 $727,163
2018 $15,349,841 $13,671,134 $25,262,115 $1,678,707
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