2025-05-08T14:12:59-05:00 2024-06-30 871353108 EISNER ADVISORY GROUP LLC 505 SOUTH FLAGLER DRIVE SUITE 900 WEST PALM BEACH FL 33401 990 2023-07-01 592245054 RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC RAYM 5618338300 701 OKEECHOBEE BOULEVARD WEST PALM BEACH FL 33401 DIANE QUINN CEO 5618338300 2025-04-30 1 1 CHERYL POST P00748554 5618329292 2023 2025-03-06 01:10:19Z DIANE QUINN 701 OKEECHOBEE BLVD W PALM BCH FL 33401 66334300 0 X WWW.KRAVIS.ORG X 1982 FL PRESENT A DIVERSE SCHEDULE OF PERFORMING ARTISTS, FOSTER ARTS EDUCATION, AND SUPPORT TOURISM. 23 23 244 400 0 0 9575171 8366894 24955018 29941773 6343899 7609235 -368825 -484157 40505263 45433745 0 0 0 0 11837058 12703506 48750 42263 1843569 28920901 33231889 40806709 45977658 -301446 -543913 205224842 208612181 67026145 61949433 138198697 146662748 X THE RAYMOND F. KRAVIS CENTER FOR THE PERFORMING ARTS, LOCATED IN WEST PALM BEACH, FLORIDA, IS A NOT-FOR-PROFIT PERFORMING ARTS CENTER. ITS MISSION IS TO ENHANCE THE QUALITY OF LIFE IN PALM BEACH COUNTY BY PRESENTING A DIVERSE SCHEDULE OF NATIONAL AND INTERNATIONAL PERFORMING ARTISTS AND COMPANIES OF THE HIGHEST QUALITY. THE KRAVIS CENTER ALSO FOSTERS ARTS EDUCATION BY OFFERING COMPREHENSIVE EDUCATION AND COMMUNITY OUTREACH PROGRAMS. AS A COMMUNITY LEADER AND MAJOR ECONOMIC CATALYST, THE CENTER SEEKS TO SHOWCASE REGIONAL PERFORMING ARTS ORGANIZATIONS AND TO SUPPORT EFFORTS TO INCREASE TRAVEL AND TOURISM TO PALM BEACH COUNTY. 0 0 30350943 21439079 MAIN/BROADWAY AND CLASSICAL PERFORMANCE SERIES - PROVIDE THE COMMUNITY WITH THEATRICAL, DANCE, AND MUSICAL REPRESENTATIONS TO BROADEN THE COMMUNITY'S EXPOSURE TO THE PERFORMANCE ARTS. 132 PERFORMANCES. 3689076 730273 COMMUNITY OUTREACH/ EDUCATIONAL - PROVIDE EXPOSURE TO PERFORMING ARTS TO SCHOOL CHILDREN AND OTHER SEGMENTS OF THE COMMUNITY AT AFFORDABLE PRICES. 58 EVENTS. INCLUSIVE OF A SUMMER IMMERSIVE MULTI WEEK PROGRAM SERIES. 454481 463569 ADULTS AT LEISURE SERIES - SERIES OF DIVERSE MATINEE PROGRAMS AIMED AT MAKING THE ARTS AVAILABLE TO THE COMMUNITY'S SENIOR CITIZENS AT AFFORDABLE PRICES. 12 PERFORMANCES. 1191013 707364 RINKER PLAYHOUSE AND PERSSON HALL PERFORMANCES - DIVERSE PROGRAMMING INCLUDING COMEDY, CABERET AND THEATRAL PERFORMANCE IN THE CENTER'S INTIMATE BLACK BOX RINKER PLAYHOUSE AND PERSSON HALL THEATERS TO FURTHER PROVIDE THE COMMUNITY WITH PROGRAMMING TO BROADEN THEIR EXPOSURE TO THE PERFORMING ARTS. 26 PRODUCTIONS. 68393 13195 YOUNG ARTIST SERIES - A SERIES OF SHOWS PRESENTED IN THE CENTER'S RINKER PLAYHOUSE WHICH SHOWCASES THE NEXT GENERATION OF CLASSICAL MUSIC STARS. 4 PERFORMANCES. 1539092 788669 FAMILY FARE AND PEAK SERIES - A SERIES OF SHOWS TO PROVIDE AFFORDABLE PROGRAMMING TO FAMILIES AND OTHER SEGMENTS OF THE COMMUNITY. 19 SHOWS. 2798498 1509228 37292998 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 219 0 1 244 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X X KYLE ROBERTS RUGE CFO 5618338300 701 OKEECHOBEE BOULEVARD WEST PALM BEACH FL 33401 PENNY BANK DIRECTOR 2.00 X 0 0 0 WILLIAM A MEYER DIRECTOR 2.00 X 0 0 0 SHERRY BARRAT CHAIR 2.00 X X 0 0 0 IRENE KARP DIRECTOR 2.00 X 0 0 0 BRADLEY HURSTON SECRETARY 2.00 X X 0 0 0 JANE MITCHELL DIRECTOR 2.00 X 0 0 0 MICHAEL BRACCI DIRECTOR 2.00 X 0 0 0 DAVID LAMBERT TREASURER 2.00 X X 0 0 0 ROBERT FROMER DIRECTOR 2.00 X 0 0 0 DAVID MACK DIRECTOR 2.00 X 0 0 0 RICHARD SLOANE DIRECTOR 2.00 X 0 0 0 STUART FRANKEL DIRECTOR 2.00 X 0 0 0 PAUL LEONE VICE CHAIR 2.00 X X 0 0 0 MONIKA PRESTON VICE CHAIR 2.00 X X 0 0 0 JEFFREY STOOPS DIRECTOR 2.00 X 0 0 0 NORMA KLORFINE DIRECTOR 2.00 X 0 0 0 WILLIAM PETERSON DIRECTOR 2.00 X 0 0 0 EVAN DEOUL DIRECTOR 2.00 X 0 0 0 AVA PARKER DIRECTOR 2.00 X 0 0 0 EILEEN BERMAN DIRECTOR 2.00 X 0 0 0 JAMES COLEMAN DIRECTOR 2.00 X 0 0 0 KENNETH HIMMEL DIRECTOR 2.00 X 0 0 0 JOHN KETCHUM DIRECTOR 2.00 X 0 0 0 DIANE QUINN CEO 40.00 X 538576 0 27500 KYLE ROBERTS-RUGE CFO 40.00 X 323358 0 27500 GEORGIANA YOUNG VP OF MARKETING/PROGRAMING 40.00 X 242132 0 24954 NICK TIGUE VP OF OPERATION 40.00 X 203140 0 12500 ANDREW SEGALOFF SENIOR DIRECTOR OF IT 40.00 X 175411 0 19250 LARRY BLISCHE SENIOR IT ANALYST 40.00 X 134021 0 19250 TRACY BUTLER DIRECTOR OF EDUCATION 40.00 X 124796 0 19125 MARY JACOBS SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 120367 0 18261 PHALA MURRAY SENIOR DIRECTOR OF MARKETING/PR 40.00 X 119087 0 15182 JAMES MITCHELL CHIEF OPERATIONS OFFICER 40.00 X 130271 0 0 DIANE BERGNER VP OF DEVELOP 40.00 X 241901 0 24941 2353060 0 208463 17 1 1 0 ADVENTURELAND PRESENTS LLC 1501 BROADWAY 24TH FLOOR NEW YORK NY 10036 ARTIST PERFORMANCE 2991256 THEATRICAL PAYROLL SERVICE FLORIDA INC 1001 NW 62ND STREET - SUITE 220 FT LAUDERDALE FL 33309 STAGE LABOR 1289662 SIX BOLEYN TOUR LLC 561 7TH AVENUE 3RD FLOOR NEW YORK NY 10018 ARTIST PERFORMANCE 987262 THE PROUD MARY LLC 230 WEST 41ST ST STE 1703 NEW YORK NY 10036 ARTIST PERFORMANCE 787172 BEETLEJUICE FIRST NATIONAL TOUR LLC 7135 MINSTRAL WAY STE 15 COLUMBIA MD 21045 ARTIST PERFORMANCE 738874 23 1434157 104264 6828473 88562 8366894 THEATER ADMISSIONS 711190 24142149 24142149 OTHER THEATER INCOME 711190 4424036 4424036 THEATER RENTAL 711190 1375588 1375588 29941773 3945935 3945935 23993193 20329893 3663300 3663300 3663300 86505 1434157 570662 -484157 -484157 45433745 29941773 0 7125078 1769695 464556 954845 350294 8596447 6136964 1768682 690801 326864 203924 91068 31872 1215098 757987 338603 118508 795402 496191 221639 77572 37575 37575 98625 98625 42263 42263 359958 359958 413996 131430 240566 42000 1873864 1873864 388866 388866 395348 23369 371979 2182036 1725202 312837 143997 2032321 1717297 315024 5283404 4464440 818964 549095 434136 78723 36236 LEAD & OTHER ARTIST FEE 14369208 14369208 STAGE LABOR & TECH COST 2072190 2072190 MISCELLANEOUS 1600084 1070977 318089 211018 MAINTENANCE & CUSTODIAL 872215 689608 125048 57559 703104 661655 41449 45977658 37292998 6841091 1843569 52625 50045 1262510 1931169 12452430 11662720 179015 21084 17645 8597 1348660 1821451 169420071 90009482 81836737 79410589 106736190 112619102 1339030 1087424 205224842 208612181 1510524 2058165 9245621 8621268 56270000 51270000 67026145 61949433 X 94741096 102719763 43457601 43942985 138198697 146662748 205224842 208612181 X -543913 9247440 -239476 X 0 1 X 1 0 X 18742742 7340572 19091616 9575171 8366894 63116995 21157959 314692 15234522 24955018 29941773 91603964 78062 231 68290 11075 0 157658 39978763 7655495 34394428 34541264 38308667 154878617 1690095 2072261 1679745 1885883 427511 7755495 0 1690095 2072261 1679745 1885883 427511 7755495 147123122 2716066 2231931 3654133 3875463 3945935 16423528 2716066 2231931 3654133 3875463 3945935 16423528 42694829 9887426 38048561 38416727 42254602 171302145 0.85890 0.82570 0.09590 0.09150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: THE CENTER ALONG WITH A CONSORTIUM OF 3 OTHER MAJOR PERFORMING ARTS CENTERS IN THE STATE OF FLORIDA - ENGAGED THE SERVICES OF A LOBBYIST TO REVIEW AND PROVIDE UPDATES ON STATE LEGISLATIVE MATTERS THAT MIGHT IMPACT CORPORATIONS AND ARTS ORGANIZATIONS IN FLORIDA. NO FEES OR DUES WERE PAID BY THE CENTER TO SUCH ORGANIZATION DURING OUR FISCAL YEAR ENDED JUNE 30, 2024. 101870185 142758 16071407 5438350 112646000 86591956 8704981 11541767 4968519 101870185 102336937 779533 -12599416 3925098 86591956 85150790 648177 19285562 2747592 102336937 80498534 13488767 995162 9831673 85150790 0.70130 0.23680 0.06190 0 0 4499300 4499300 127858427 62362059 65496368 29430574 22733393 6697181 7631770 4914030 2717740 79410589 X 54081751 9247440 9247440 44834311 359958 239476 599434 45433745 45617700 0 45617700 359958 359958 45977658 PART X, LINE 2: THE ORGANIZATION IS SUBJECT TO THE PROVISIONS OF FASB'S ASC TOPIC 740, INCOME TAXES, AS IT RELATED TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE ORGANIZATION'S TAX EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE CENTER HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INTEREST RATE SWAP 239,476. X X X X X X 1 IN REM SOLUTIONS INC 875 AURELIA ST BOCA RATON FL 33486 GRANT WRITING CONSULTANT 0 0 0 0 FL ANNUAL GALA 1520662 1434157 86505 141345 11000 418317 1520662 1434157 86505 141345 11000 418317 570662 -484157 X X X X X X 1 0 0 0 0 0 0 0 0 DIANE QUINN CEO 448576 0 90000 0 0 0 15000 0 12500 0 566076 0 0 0 KYLE ROBERTS-RUGE CFO 308358 0 15000 0 0 0 15000 0 12500 0 350858 0 0 0 GEORGIANA YOUNG VP OF MARKETING/PROGRAMING 227132 0 15000 0 0 0 12454 0 12500 0 267086 0 0 0 DIANE BERGNER VP OF DEVELOP 241901 0 0 0 0 0 12441 0 12500 0 266842 0 0 0 NICK TIGUE VP OF OPERATION 193140 0 10000 0 0 0 0 0 12500 0 215640 0 0 0 ANDREW SEGALOFF SENIOR DIRECTOR OF IT 175411 0 0 0 0 0 6750 0 12500 0 194661 0 0 0 LARRY BLISCHE SENIOR IT ANALYST 134021 0 0 0 0 0 6750 0 12500 0 153271 0 0 0 JAMES MITCHELL CHIEF OPERATIONS OFFICER 10271 0 120000 0 0 0 0 0 0 0 130271 0 0 0 PART I, LINE 4A JAMES MITCHELL THE CENTER'S FORMER CHIEF OPERATING OFFICER RETIRED IN JANUARY 2023. HE WAS PAID A $120,000 BONUS AT RETIREMENT. DIANE BERGNER THE CENTER'S VP OF DEVELOPMENT RETIRED IN JANUARY 2024. SHE WAS PAID A $100,000 BONUS AT RETIREMENT IN CALENDAR 2024. THE CENTER HIRED A NEW VP OF DEVELOPMENT CHURE GLADWELL IN JANUARY 2024. X 18 217229 LISTED SECURITIES 0 1 1 PART I, LINE 32B: ANY NON-CASH CONTRIBUTIONS OF MARKETABLE SECURITIES ARE REQUIRED TO BE DELIVERED TO THE ORGANIZATIONS INVESTMENT ADVISORS FOR LIQUIDATION TO CASH, PURSUANT TO COMPANY POLICY. FORM 990, PART VI, SECTION B, LINE 11B THE CENTER'S FORM 990 RETURN IS PREPARED BY THE CENTER'S CHIEF FINANCIAL OFFICER, THEN REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CENTER'S INDEPENDENT AUDITORS. THE KRAVIS CENTER ALSO PUTS A COMPLETE COPY OF ITS FORM 990 ON ITS WEBSITE FOR VIEW BY THE PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C THE CENTER ANNUALLY REQUIRES ALL MEMBERS OF THE BOARD OF DIRECTORS AND KEY MANAGEMENT STAFF TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. ANY RESPONSES WHICH OUTLINE A POTENTIAL CONFLICT ARE REVIEWED BY THE CENTER'S AUDIT COMMITTEE WHO WILL MAKE RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS AS A RESOLUTION. THE RESOLUTIONS COULD INCLUDE: THE DIRECTOR WITH A POTENTIAL CONFLICT WOULD RECUSE THEMSELVES FROM ANY VOTES RELATING TO MATTERS INVOLVING THE POTENTIAL CONFLICT AND/OR WOULD NOT SERVE ON ANY COMMITTEE CHARGED WITH OVERSIGHT OF THE AREA OF POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD, AN INDEPENDENT COMPENSATION CONSULTANT, AND A BOARD SURVEY AND IS BASED ON COMPARISONS WITH OTHER SIMILAR NONPROFIT ORGANIZATIONS. MINUTES OF ALL COMPENSATION MEETINGS ARE MAINTAINED. THE SALARY INCREASES OF OTHER KEY EMPLOYEES OF THE ORGANIZATION ARE BASED ON AN EVALUATION PREPARED BY THE CHIEF EXECUTIVE OFFICER AND A PERCENTAGE RANGE OF INCREASES AS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. DURING THIS PAST FISCAL YEAR THE CENTER ALSO UTILIZED THE SERVICES OF AN OUTSIDE CONSULTANT TO ASSIT THE CENTER IN PERFORMING AN IN DEPTH COMPENSATION SURVEY FOR ALL EMPLOYEES. THE RESULTS OF THE SURVEY PROVIDED PAY RANGES FOR ALL POSITIONS AND WILL BE USED GOING FORWARD WHEN MAKING SALARY ADJUSTMENT DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 THE KRAVIS CENTER PUTS A COMPLETE COPY OF ITS ANNUAL AUDITED FINANCIAL STATEMENTS ON ITS WEB SITE FOR VIEW BY THE PUBLIC. THE CENTER'S FULL BOARD OF DIRECTORS RECEIVES A COMPLETE COPY OF THE ANNUAL AUDITED STATEMENTS FOR REVIEW PRIOR TO RELEASE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET UNREALIZED GAIN ON INTEREST RATE SWAP -239,476.