PALM BEACH DRAMAWORKS INC

EIN: 651040048 501(c)(3) Arts, Culture & Humanities

WEST PALM BEACH, FL

Total Revenue
$3,592,300
Total Expenses
$3,574,612
Total Assets
$7,075,329
Net Assets
$6,629,513
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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
RUDINA TORO
Phone
5615144042
Tax Period
2022-09-01 to 2023-08-31

PALM BEACH DRAMAWORKS INC, founded in 2000, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.6M in total revenue in fiscal year 2022.

Mission

PALM BEACH DRAMAWORKS IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN 2000 UNDER THE LAWS OF THE STATE OF FLORIDA. IN ACCORDANCE WITH ITS MISSION AND VISION, THE ORGANIZATION BELIEVES IN THE TRANSFORMATIVE POWER OF LIVE THEATRE AND IS COMMITTED TO PRESENTING OUTSTANDING PRODUCTIONS OF CLASSIC, CONTEMPORARY, AND WORLD PREMIERE PLAYS THAT ENTERTAIN, ENLIGHTEN, STIMULATE DISCUSSION, AND ILLUMINATE OUR SHARED HUMANITY. WE ARE EQUALLY DEDICATED TO CREATING NEW WORKS AND CULTIVATING NEW AUDIENCES, UPHOLDING THE ORIGINAL OBJECTIVES OF THE REGIONAL THEATRE MOVEMENT. WE RECOGNIZE AND VALUE THE POWER OF EDUCATION, OFFERING INSPIRING, LIFE-CHANGING PROGRAMS FOR STUDENTS, AND THOUGHT-PROVOKING INITIATIVES FOR ADULTS. OUR PERFORMANCES ARE PRESENTED AT THE DON & ANN BROWN THEATRE, LOCATED IN THE HEART OF DOWNTOWN WEST PALM BEACH, AT 201 CLEMATIS STREET.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,177,765
Program Service Revenue $1,217,725
Investment Income $84,945
Other Revenue $111,865
TOTAL REVENUE $3,592,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,911,370
Fundraising Expenses $208,246
Program Expenses $2,919,258
Other Expenses $1,663,242
TOTAL EXPENSES $3,574,612

Year-over-Year Comparison

2022 2021 Change
Revenue $3,592,300 $3,429,884 +0.0%
Expenses $3,574,612 $3,148,965 +0.1%
Net Income $17,688 $280,919 -0.9%
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
21
Independent Members
19
Employees
76
Volunteers
117

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
$56,268
Total Directors
21
$327,645
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLTON MOODY CHAIR 2.00
Officer Director
$0 $0 $0
HON ANN BROWN VICE CHAIR 2.00
Officer Director
$0 $0 $0
STEPHEN BROWN VICE CHAIR 2.00
Officer Director
$0 $0 $0
LARRY GOLDFEIN VICE CHAIR 2.00
Officer Director
$0 $0 $0
LEW KRAMER TREASURER 2.00
Officer Director
$0 $0 $0
PENNY BANK SECRETARY 2.00
Officer Director
$0 $0 $0
SUE ELLEN BERYL MANAGING DIR 40.00
Director
$134,307 $26,529 $160,836
WILLIAM HAYES PROD. ART. D 40.00
Director
$140,106 $26,703 $166,809
BETH ALCALDE DIRECTOR 2.00
Director
$0 $0 $0
TINA BOLTON DIRECTOR 2.00
Director
$0 $0 $0
HERMINE DREZNER DIRECTOR 2.00
Director
$0 $0 $0
SUSAN ELLERIN DIRECTOR 2.00
Director
$0 $0 $0
EDITH HALL FRIEDHEIM DIRECTOR 2.00
Director
$0 $0 $0
LISA KOZA DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA NALLEY DIRECTOR 2.00
Director
$0 $0 $0
MARK PERLBERG DIRECTOR 2.00
Director
$0 $0 $0
BERNARD PERRY DIRECTOR 2.00
Director
$0 $0 $0
IKE POWELL III DIRECTOR 2.00
Director
$0 $0 $0
STEPHEN RABB DIRECTOR 2.00
Director
$0 $0 $0
ED RICCI DIRECTOR 2.00
Director
$0 $0 $0
MARLENE SILVER DIRECTOR 2.00
Director
$0 $0 $0
RUDINA TORO CFO & COO 24.00
Officer
$56,268 $0 $56,268
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 No data No data No data No data
2024 No data No data No data No data
2023 $3,592,300 $3,574,612 $7,075,329 $17,688
2022 $3,429,884 $3,148,965 $6,985,664 $280,919
2021 $2,797,685 $1,626,036 $7,020,701 $1,171,649
2020 $2,501,433 $2,910,102 $5,698,862 $-408,669
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