Civic Intelligence

Dr Phillips Center for the Performing Arts Inc.

990 • Fiscal year 2020 • EIN 20-0695917

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

155 E Anderson StreetOrlando, FL 32801

(407) 839-0119

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.09x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.24x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

51st percentile

4.2%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

70th percentile

$501,580

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

27th percentile

0.1%

Faster asset growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Up

$81,641,541

Up $100,030 (+0.1%) from 2019

Net Assets

Up

$74,050,218

Up $854,907 (+1.2%) from 2019

Liabilities

Down

$7,591,323

Down $754,877 (-9.0%) from 2019

Revenue

Down

$31,835,470

Down $13,499,028 (-30%) from 2019

Expenses

Down

$30,494,814

Down $11,471,135 (-27%) from 2019

Net Income

Down

$1,340,656

Down $2,027,893 (-60%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2011: $85,514,605Liabilities 2011: $20,255,056Net Assets 2011: $65,259,5492011Assets 2012: $85,359,856Liabilities 2012: $20,568,660Net Assets 2012: $64,791,1962012Assets 2013: $79,977,666Liabilities 2013: $16,927,556Net Assets 2013: $63,050,1102013Assets 2014: $79,442,016Liabilities 2014: $13,579,144Net Assets 2014: $65,862,8722014Assets 2015: $51,816,165Liabilities 2015: $14,152,465Net Assets 2015: $37,663,7002015Assets 2016: $56,823,344Liabilities 2016: $10,387,666Net Assets 2016: $46,435,6782016Assets 2017: $71,347,710Liabilities 2017: $6,445,354Net Assets 2017: $64,902,3562017Assets 2018: $76,906,668Liabilities 2018: $7,278,798Net Assets 2018: $69,627,8702018Assets 2019: $81,541,511Liabilities 2019: $8,346,200Net Assets 2019: $73,195,3112019Assets 2020: $81,641,541Liabilities 2020: $7,591,323Net Assets 2020: $74,050,2182020Assets 2021: $72,410,407Liabilities 2021: $11,088,637Net Assets 2021: $61,321,7702021Assets 2022: $39,392,847Liabilities 2022: $12,989,986Net Assets 2022: $26,402,8612022Assets 2023: $50,308,417Liabilities 2023: $15,391,993Net Assets 2023: $34,916,4242023Assets 2024: $48,093,117Liabilities 2024: $16,494,618Net Assets 2024: $31,598,4992024

Highlighted filing

2020

Assets$81,641,541
Liabilities$7,591,323
Net Assets$74,050,218

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MRevenue 2011: $8,021,959Expenses 2011: $2,744,254Net Income 2011: $5,277,7052011Revenue 2012: $169,993Expenses 2012: $1,505,023Net Income 2012: -$1,335,0302012Expenses 2013: $4,194,4162013Revenue 2014: $7,779,039Expenses 2014: $6,027,228Net Income 2014: $1,751,8112014Revenue 2015: $48,265,619Expenses 2015: $28,221,024Net Income 2015: $20,044,5952015Revenue 2016: $34,327,233Expenses 2016: $26,746,192Net Income 2016: $7,581,0412016Revenue 2017: $53,648,724Expenses 2017: $34,395,190Net Income 2017: $19,253,5342017Revenue 2018: $41,754,665Expenses 2018: $37,241,955Net Income 2018: $4,512,7102018Revenue 2019: $45,334,498Expenses 2019: $41,965,949Net Income 2019: $3,368,5492019Revenue 2020: $31,835,470Expenses 2020: $30,494,814Net Income 2020: $1,340,6562020Revenue 2021: $23,068,254Expenses 2021: $13,865,724Net Income 2021: $9,202,5302021Revenue 2022: $42,590,459Expenses 2022: $40,562,803Net Income 2022: $2,027,6562022Revenue 2023: $67,603,143Expenses 2023: $58,265,959Net Income 2023: $9,337,1842023Revenue 2024: $61,508,965Expenses 2024: $58,424,044Net Income 2024: $3,084,9212024

Highlighted filing

2020

Revenue$31,835,470
Expenses$30,494,814
Net Income$1,340,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.1
Gross Receipts
$34,283,901
Mission and Program Overview

Mission

With a vision of arts for every life and a mission to be an inspirational place where people love to be and people love to work the dr. Phillips center for the performing arts provides a cultural

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,657,188$26,224,105▲ $1,566,917
Pledges and Grants Receivable$20,258,663$16,319,127▼ $3,939,536
Investments in Publicly Traded Securities$3,634,732$3,949,526▲ $314,794
Savings and Temporary Cash Investments$5,120,475$3,322,285▼ $1,798,190
Land, Buildings, and Equipment, Net$1,969,250$1,462,599▼ $506,651
Accounts Receivable$785,229$366,779▼ $418,450
Prepaid Expenses and Deferred Charges$527,945$349,322▼ $178,623
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$81,541,511$81,641,541▲ $100,030
Other Assets Total$24,588,029$29,647,798▲ $5,059,769
Liabilities
Deferred Revenue$4,512,638$4,113,359▼ $399,279
Unsecured Notes Loans Payable$0$1,898,592▲ $1,898,592
Accounts Payable and Accrued Expenses$3,827,775$1,579,372▼ $2,248,403
Other Liabilities$5,787$0▼ $5,787
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,346,200$7,591,323▼ $754,877
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,869,368$45,028,936▲ $5,159,568
Net Assets With Donor Restrictions$33,325,943$29,021,282▼ $4,304,661
Total Net Assets Fund Balance$73,195,311$74,050,218▲ $854,907
Total Liabilities and Net Assets / Fund Balance$81,541,511$81,641,541▲ $100,030

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,462,599$3,417,301$4,879,900
Other Assets Org$29,647,798--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$3,734,987-▲ $139,595-$3,851,902
2018$3,362,463$100,000▲ $293,699-$3,734,987
2017$3,153,194$100,255▲ $131,375-$3,362,463
2016$3,002,690$100,180▲ $186,570$114,701$3,153,194
2015$2,741,524$101,100▲ $160,066-$3,002,690
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine RamsbergerCEO & PresidentFT$377,248$124,332$501,580
Cecilia KellyCFOFT$207,382$74,985$265,115
Joel SchwalbeExec. VP, Business ServiceFT$192,506$28,053$239,506
Spencer TongEvpFT$182,723$46,334$229,855
Alexis JacksonVP, DevelopmentFT$155,218$39,535$195,875
Barbara DrahlVP, MarketingFT$167,983$46,846$183,402
Samuel LabbanSR Director of FinanceFT$125,448$47,830$169,079
Mary Beth HarcarufkaVP, People & CultureFT$139,739$43,449$167,645
Jackie KelvingtonVP, Community EngagementFT$113,008$88$160,650
Jonathan CroninVP, ProgrammingFT$137,587$10,538$148,125

Board Members and Trustees

NameTitle
Chuck Steinmetzvice chair,exec committee mem
Buddy DyerBOARD Member
Carol MasseyBoard Member
Christopher MccullionBoard Member
Craig UstlerBoard Member
Don AmmermanBoard Member
Ford KieneBoard Member
Frank SantosBoard Member
Gary JonesBoard Member
Harold MillsBoard Member
Harvey KobrinBoard Member
Jay MadaraBoard Member
Jeffrey BittenbinderBoard Member
Jerry DemingsBoard Member
Jim ShapiroBoard Member
Joe ClevelandBoard Member
Joseph ConteBoard Member
Joyce GreenBoard Member
Judson GreenBoard Member
Rita BornsteinBoard Member
Steve MillerBoard Member
Tricia EdrisBoard Member
William OroszBoard Member
james pugh jrchariman,exec committee member
Ed Timberlakeexecutive committee MEMBER
Linda Chapinexecutive committee member
Sibille Pritchardexecutive committee member
Thomas Roehlkexecutive committee MEMBER

Highest Paid Contractors

ContractorServicesLocationCompensation
Hks INCArchitectural SvcsPO BOX 731121, Dallas, TX 75373$3,158,954
Utp ProductionsStage Production SvcPO BOX 3778, Salt Lake City, UT 84110$1,751,057
Spectra Food ServFood & Beverage Svcs150 ROUSE ROAD, Philadelphia, PA 19112$1,635,211
Tpg Project GroupArchitectual Svcs301 COMMERCE ST, Forth Worth, TX 76102$1,240,330
Andy Frain SrvcSecurity760 SHORELINE DR, Aurora, IL 60504$864,906
Revenue and Support

Revenue Composition

Contributions and Grants
$9,382,200
Program Service Revenue
$22,997,279
Investment Income
$139,976
Other Revenue
$-683,985
All Other Contributions
$5,657,892
Change in Net Assets
$1,340,656

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock4$143,612market value
Total Noncash Contributions4$143,612-

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,812,790
Revenue Not Reported on Financial Statements
$22,680
Revenue Not Reported on Form 990
$1,966,708
Total Revenue per Audited Statements
$33,779,498
Total Revenue per Form 990
$31,835,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,365,560
Salaries, Compensation, and Employee Benefits$10,129,254
Total Fundraising Expense$2,882,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,242,220$851,471$1,202,478$7,296,169
Occupancy$1,937,202$347,525$404,496$2,689,223
Other Employee Benefits$714,874$164,344$174,445$1,053,663
Office Expenses$252,992$624,590$47,207$924,789
Current Officers, Directors, Trustees, and Key Employees$333,141$430,260$158,033$921,434
Depreciation Depletion$503,673$115,790$122,907$742,370
Payroll Taxes$391,599$90,025$95,559$577,183
Insurance$298,302$67,545$71,697$437,544
Pension Plan Contributions$190,517$43,798$46,490$280,805
Fees for Services Other$17,439$24,539$111,307$153,285
Fees for Services Legal$20,505$68,548-$89,053
Travel$33,178$40,021$15,044$88,243
Fees for Services Accounting-$65,785-$65,785
Advertising$14,190$8,514$5,676$28,380
Fees for Service Investment Mgmnt Fees-$22,680-$22,680
Other Expenses$5,535$16,605$189,180$22,140
Total Functional Expenses$24,281,980$3,330,234$2,882,600$30,494,814

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$31,785,852
Total Expenses per Form 990$30,494,814
Expenses per Audited Statements$30,472,134
Expenses Not Reported on Form 990$1,313,718
Expenses Not Reported on Financial Statements$22,680
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

The finance committee chair of the board must review and approve the form 990 in advance of filing.

FORM 990, PART VI, SECTION B, LINE 12C:

Yes - annual written related party questionnaire and review of conflict of interest. Board members are to communicate any relationships that could be a conflict and recuse themselves when it is deemed appropriate.

FORM 990, PART VI, SECTION B, LINE 15:

Salary survey was performed by an outside consulting firm, that included review of geographic and industry comparables. Personnel committee reviewed and approved at committee meeting.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflict of interest policy, and tax returns that include financial statements of revenue and functional expenses available upon request. The tax return is also made available through the guidestar website. The organization also makes presentations with updates at city and county meetings that are open to the public. are open to the public.

Filing and Contact Details

Filer

Filer Name
Dr Phillips Center for the
EIN
20-0695917
In Care Of
% CECILIA F KELLY
Phone
4078390119
Address
155 E ANDERSON STREET, ORLANDO, FL 32801

Signing Officer

Name
Cecilia Kelly
Title
CFO
Phone
4078390119
Signed
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cecilia Kelly
Formed
2003
Legal Domicile
Fl
Voting Board Members
27
Independent Board Members
26
Employees
316
Volunteers
400

Preparer

Firm
Bdo USA Llp
Address
450 S Orange Ave Suite 550, Orlando, FL 32801
Preparer
Tara Miller
Phone
4078416930
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The organization's mission is to be an inspirational and creative performing arts center that enhances and enriches the central florida community through its programming and outreach programs.

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

With a vision of arts for every life and a mission to be an inspirational place where people love to be and people love to work the dr. Phillips center for the performing arts provides a cultural hub for our city, our 7 county region, and our many visitors to orlando yearly.

FORM 990, PART III, LINE 3:

In March 2020, the coronavirus pandemic required a shutdown of many facets of daily life, including large gatherings and live events. This severely impacted the Center's programming and is continuing through 2021.

Form 990, Part III, Line 4A

We provide a venue for smaller local groups to build their audience and the opportunity for expression.

FORM 990, PART III, LINE 4B:

Broadway master classes allow local students and pre-professionals to train with visiting professionals from national broadway tours. Education programs go beyond our doors into the community outreach opportunities as well. Our applause awards program serves schools in the 7 county region by providing professional adjudicators to over 40 high school musical productions. Based on the adjudicator comments and tabulations, productions and individuals receive awards in specific categories at a ceremony held each year at the center. During certain music performances we bring in groups of students to experience the sound check of the artists, a q&a, a lecture series, dinner and tickets to the show. In the summer we provide teachers to partner with a local organization that serves special needs students in camps. At the end of the week the campers perform their production at the arts center. Through grants we provide arts curriculum and teachers to at-risk schools. Artist residencies allow visiting artists to go into the community during their time at the arts center (examples include: artists visited schools and hospitals prior to a performance; created pieces with a group of senior citizens at a residential community, worked with a group of special needs high school students and area high schools' performing arts programs

FORM 990, PART III, LINE 4C:

Our production team provides significant production support and expertise to local arts groups and community organizations in their presentations at the arts center. Community and civic organizations have made their announcements here; free community concerts on the outdoor plaza include community artists and national artists; we have provided special services, tickets and events for veterans

FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS:

Net present value discount adjustment 562,389 capital contribution to city of orlando (1,138,740) total to form 990, part xi, line 9: (576,349)

Financial Statement Notes

PART V, LINE 4:

Permanent endowments are to be held in perpetuity, while income on these amounts are unrestricted in nature and will be used for general operations. Currently the board internally designates all earnings on such to be added to permanent endowment.

PART X, LINE 2:

The Organization is exempt from Federal income tax under provisions of Section 501(c)(3) of the Internal Revenue Code and from state income taxes under similar provisions of the Florida Income Tax Code. In addition, the Organization has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. Consequently, no provision for income taxes has been included in the financial statements. The Organization identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more-likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits and a corresponding liability is established on the statement of financial position. The Organization has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, the Organization would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Organization's open tax years subject to examination by the Internal Revenue Service generally remain open for three years from the date of filing.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Net present value discount adjustment 562,389 rental expenses netted against revenue on 990 1,115,101 total to schedule d, part xi, line 2d 1,677,490

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses netted against revenue on 990 1,115,101 total to schedule d, part xii, line 2d 1,115,101

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IRS990/Desc0DIVERSE PROGRAMMING: AS A PERFORMING ARTS CENTER OUR PRIMARY PURPOSE IS TO PROVIDE A PERFORMANCE VENUE THAT IMPACTS THE CULTURE OF OUR REGION. OUR VISION OF ARTS FOR EVERY LIFE REFLECTS THE DIVERSITY WE PROGRAM. NATIONAL AND INTERNATIONAL ARTISTS, SHOWS AND SPEAKERS INCLUDE SCIENCE, DRAMA, DANCE, MUSICALS, BROADWAY, JAZZ, BLUES, HIP-HOP, AND POP MUSIC. THE ORLANDO PHILHARMONIC ORCHESTRA AND THE ORLANDO BALLET PERFORM THEIR SEASONS IN OUR THEATRES. THE UNIVERSITY OF CENTRAL FLORIDA PRODUCES AN ANNUAL 2 WEEK ARTS CELEBRATION WITH EXHIBITS, PERFORMANCES OFFERING PAID AND FREE PARTICIPATION.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.1$16.5$31.6$61.5$58.4$3.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.3$15.4$34.9$67.6$58.3$9.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.4$13.0$26.4$42.6$40.6$2.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.4$11.1$61.3$23.1$13.9$9.20
2020Detailed filing. Detailed filing data is available for this year.$81.6$7.59$74.1$31.8$30.5$1.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.5$8.35$73.2$45.3$42.0$3.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.9$7.28$69.6$41.8$37.2$4.51
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.3$6.45$64.9$53.6$34.4$19.3
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.8$10.4$46.4$34.3$26.7$7.58
2015Detailed filing. Detailed filing data is available for this year.$51.8$14.2$37.7$48.3$28.2$20.0
2014Detailed filing. Detailed filing data is available for this year.$79.4$13.6$65.9$7.78$6.03$1.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.0$16.9$63.1$4.19
2012Summary only. Only limited summary data is available for this year.$85.4$20.6$64.8$0.17$1.51$1.34
2011Summary only. Only limited summary data is available for this year.$85.5$20.3$65.3$8.02$2.74$5.28
Peer Organizations

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