Civic Intelligence

Florida Cultural Group Inc

EIN 59-1196043 • 501(c)3 • Bradenton, FL

Profile

Florida cultural group, inc. And its venue, manatee performing arts center, are the cultural anchor and economic drivers in the florida gulf coast region. We provide for all ages affordable, high-quality and thought-provoking entertainment, as well as performance and technical-based education. In addition, we equip the community with ample meeting, event, and production space. We are committed to being the community's premier theater and the region's center for cultural, education, and artistic expression. Our team works tirelessly to ensure that we deliver engaging excellence for all ages, through the talent we present, the services we offer and the experience we create. Our goal is not just to entertain you, we want to inspire you.

502 3rd Avenue WestBradenton, FL 34205

www.manateeperformingartscenter.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.32x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

2.11x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

0.8%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-0.8%

Faster revenue growth than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$19,049,871

Up $2,271,272 (+14%) from 2023

Liabilities

Up

$5,453,313

Up $46,159 (+0.9%) from 2023

Net Assets

Up

$13,596,558

Up $2,225,113 (+20%) from 2023

Revenue

Up

$4,599,530

Up $2,041,198 (+80%) from 2023

Expenses

Up

$2,505,694

Up $229,075 (+10%) from 2023

Net Income

Up

$2,093,836

Up $1,812,123 (+643%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $13,465,126Liabilities 2011: $3,526,511Net Assets 2011: $9,938,6152011Assets 2012: $14,448,041Liabilities 2012: $3,503,580Net Assets 2012: $10,944,4612012Assets 2013: $20,100,871Liabilities 2013: $6,580,028Net Assets 2013: $13,520,8432013Assets 2014: $19,631,423Liabilities 2014: $4,729,738Net Assets 2014: $14,901,6852014Assets 2015: $16,495,703Liabilities 2015: $4,800,482Net Assets 2015: $11,695,2212015Assets 2016: $18,828,319Liabilities 2016: $7,249,094Net Assets 2016: $11,579,2252016Assets 2017: $18,570,182Liabilities 2017: $6,529,929Net Assets 2017: $12,040,2532017Assets 2018: $17,786,825Liabilities 2018: $6,121,277Net Assets 2018: $11,665,5482018Assets 2019: $17,175,019Liabilities 2019: $5,873,549Net Assets 2019: $11,301,4702019Assets 2020: $16,687,316Liabilities 2020: $5,839,780Net Assets 2020: $10,847,5362020Assets 2021: $16,347,510Liabilities 2021: $5,680,731Net Assets 2021: $10,666,7792021Assets 2022: $16,645,255Liabilities 2022: $5,569,195Net Assets 2022: $11,076,0602022Assets 2023: $16,778,599Liabilities 2023: $5,407,154Net Assets 2023: $11,371,4452023Assets 2024: $19,049,871Liabilities 2024: $5,453,313Net Assets 2024: $13,596,5582024

Highlighted filing

2024

Assets$19,049,871
Liabilities$5,453,313
Net Assets$13,596,558

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,412,049Expenses 2011: $915,484Net Income 2011: $496,5652011Expenses 2012: $1,029,0472012Expenses 2013: $1,105,2792013Revenue 2014: $3,437,701Expenses 2014: $2,056,859Net Income 2014: $1,380,8422014Revenue 2015: $1,648,857Expenses 2015: $2,114,121Net Income 2015: -$465,2642015Revenue 2016: $2,164,834Expenses 2016: $2,280,830Net Income 2016: -$115,9962016Revenue 2017: $2,879,928Expenses 2017: $2,418,900Net Income 2017: $461,0282017Revenue 2018: $1,878,071Expenses 2018: $2,252,780Net Income 2018: -$374,7092018Revenue 2019: $2,332,557Expenses 2019: $2,696,635Net Income 2019: -$364,0782019Revenue 2020: $2,122,583Expenses 2020: $2,576,513Net Income 2020: -$453,9302020Revenue 2021: $1,563,968Expenses 2021: $1,744,725Net Income 2021: -$180,7572021Revenue 2022: $2,578,905Expenses 2022: $2,144,568Net Income 2022: $434,3372022Revenue 2023: $2,558,332Expenses 2023: $2,276,619Net Income 2023: $281,7132023Revenue 2024: $4,599,530Expenses 2024: $2,505,694Net Income 2024: $2,093,8362024

Highlighted filing

2024

Revenue$4,599,530
Expenses$2,505,694
Net Income$2,093,836

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.0$5.45$13.6$4.60$2.51$2.09
2023Detailed filing. Detailed filing data is available for this year.$16.8$5.41$11.4$2.56$2.28$0.28
2022Detailed filing. Detailed filing data is available for this year.$16.6$5.57$11.1$2.58$2.14$0.43
2021Detailed filing. Detailed filing data is available for this year.$16.3$5.68$10.7$1.56$1.74$0.18
2020Summary only. Only limited summary data is available for this year.$16.7$5.84$10.8$2.12$2.58$0.45
2019Detailed filing. Detailed filing data is available for this year.$17.2$5.87$11.3$2.33$2.70$0.36
2018Detailed filing. Detailed filing data is available for this year.$17.8$6.12$11.7$1.88$2.25$0.37
2017Detailed filing. Detailed filing data is available for this year.$18.6$6.53$12.0$2.88$2.42$0.46
2016Detailed filing. Detailed filing data is available for this year.$18.8$7.25$11.6$2.16$2.28$0.12
2015Detailed filing. Detailed filing data is available for this year.$16.5$4.80$11.7$1.65$2.11$0.47
2014Detailed filing. Detailed filing data is available for this year.$19.6$4.73$14.9$3.44$2.06$1.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$6.58$13.5$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$3.50$10.9$1.03
2011Summary only. Only limited summary data is available for this year.$13.5$3.53$9.94$1.41$0.92$0.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 25, 2025
Return Version
2023v6.0
Gross Receipts
$5,076,688
Mission and Program Overview

Mission

Florida cultural group, inc. And its venue, manatee performing arts center, are the cultural anchor and economic drivers in the florida gulf coast region. We provide for all ages affordable, high-quality and thought-provoking entertainment, as well as, performance and technical-based education. In addition, we equip the community with ample meeting, event and production space. We are committed to being the community's premier theater and the region's center for cultural, education, and artistic expression. Our team works tirelessly to ensure that we deliver engaging excellence for all ages, through the talent we present, the services we offer and the experiences we create. Our goal is not just to entertain you...we want to inspire you.

The mission of the florida cultural group, inc. Is to create, entertain and strengthen an artistic, creative, curious and thriving community by bringing people together.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,033,039$14,125,083▼ $907,956
Investments in Publicly Traded Securities-$3,176,167-
Savings and Temporary Cash Investments$205,638$1,481,535▲ $1,275,897
Cash and Non-Interest-Bearing Accounts$1,501,690$163,110▼ $1,338,580
Prepaid Expenses and Deferred Charges$36,028--
Accounts Receivable-$1,884-
Total Assets$16,778,599$19,049,871▲ $2,271,272
Other Assets Total$2,204$102,092▲ $99,888
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,963,454$4,796,471▼ $166,983
Deferred Revenue$443,204$555,295▲ $112,091
Other Liabilities$0$100,056▲ $100,056
Accounts Payable and Accrued Expenses$496$1,491▲ $995
Total Liabilities$5,407,154$5,453,313▲ $46,159
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,545,520$9,794,825▼ $750,695
Net Assets With Donor Restrictions$825,925$3,801,733▲ $2,975,808
Total Net Assets Fund Balance$11,371,445$13,596,558▲ $2,225,113
Total Liabilities and Net Assets / Fund Balance$16,778,599$19,049,871▲ $2,271,272

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,234,566$5,281,429$14,515,995
Land$3,918,267-$3,918,267
Other Land Buildings$688,767$564,712$1,253,479
Equipment$283,483$554,642$838,125

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$18,902-▲ $11,527-$30,429
2022$17,197-▲ $1,705-$18,902
2021$7,197$10,000--$17,197
2020$5,636-▲ $1,561-$7,197
2019$5,557$79--$5,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janene M AmickCEOFT$125,000$11,552$136,552

Board Members and Trustees

NameTitle
Vernon DesearChair
John C DiemVice Chair
Carol SciarrabbaDirector
Ed HunzekerDirector
Jack HawkinsDirector
James ThielenDirector
Jim WolfeDirector
John HroncichDirector
John L ConteDirector
Melvin PriceDirector
Mitchell PalmerDirector
Nancy ChristianDirector
Peter RuscoeDirector
Randy RentfroDirector
Robert RitchDirector
Sharon BarhorstDirector
Susan RomineSecretary
John TuckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,620,959
Program Service Revenue
$922,322
Investment Income
$56,249
Other Revenue
$0
All Other Contributions
$3,428,305
Change in Net Assets
$2,093,836

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$2,597,387Fair Market Value (FMV)
Total Noncash Contributions1$2,597,387-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,598,333
Revenue Not Reported on Financial Statements
$1,197
Revenue Not Reported on Form 990
$1,088,650
Total Revenue per Audited Statements
$5,686,983
Total Revenue per Form 990
$4,599,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,663,544
Salaries, Compensation, and Employee Benefits$820,478
Total Fundraising Expense$137,322
Grants and Similar Amounts Paid$21,672
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$616,340--$616,340
Occupancy$530,767$1,694$2,079$534,540
Other Salaries and Wages$320,978$126,431$78,032$525,441
Fees for Services Other$162,837$2,348$2,357$167,542
Current Officers, Directors, Trustees, and Key Employees$83,724$32,979$20,354$137,057
Other Employee Benefits$51,240$20,183$12,457$83,880
Royalties$75,019--$75,019
Payroll Taxes$33,431$13,168$8,127$54,726
Office Expenses$47,943$1,513$2,376$51,832
Insurance$49,240$157$193$49,590
Advertising$37,737--$37,737
Grants to Domestic Individuals$21,672--$21,672
Pension Plan Contributions$11,835$4,662$2,877$19,374
Fees for Services Accounting-$16,500-$16,500
Information Technology$8,432$402$124$8,958
Travel$4,661-$1,881$6,542
Fees for Services Legal-$4,003-$4,003
Other Expenses$3,131$2,023$2,634$3,131
Fees for Service Investment Mgmnt Fees-$1,197-$1,197
Total Functional Expenses$2,138,217$230,155$137,322$2,505,694

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,461,870
Total Expenses per Form 990$2,505,694
Expenses per Audited Statements$2,504,497
Expenses Not Reported on Form 990$957,373
Expenses Not Reported on Financial Statements$1,197
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$100,056
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 A, Line 7A

Board members also consist from another non-profit organization kiwanis club of bradenton.

Form 990, Part VI, Section B, Line 11B

Board review and approval at a board meeting.

Form 990, Part VI, Section B, Line 12C

Annual reviews to disclose conflicts are completed at the beginning of the fiscal year.

Form 990, Part VI, Section B, Line 15A

Nonprofit summary of regional compensations report

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statemets are provided online at the giving partner and guide star.

Filing and Contact Details

Filer

Filer Name
Florida Cultural Group Inc
EIN
59-1196043
Phone
9417490111
Address
502 3RD AVENUE WEST, BRADENTON, FL 34205

Signing Officer

Name
Janene Amick
Title
CEO
Phone
9417490111
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janene Amick
Formed
1948
Legal Domicile
Fl
Voting Board Members
18
Independent Board Members
18
Employees
14
Volunteers
368

Preparer

Firm
Mauldin & Jenkins LLC
Address
1401 MANATEE AVE W STE 1200, BRADENTON, FL 34205
Preparer
Brian Carter
Phone
9417474483
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

This process is unchanged from the prior year.

Financial Statement Notes

PART III, LINE 4:

Organization received works of art to be used in theatrical presentations and to enhance the ambience of the property. Collections consist primarily of art and historical memorabilia.

PART X, LINE 2:

The organization qualifies as a charitable organization as defined by internal revenue code section 501(c)(3) and, accordingly, is exempt from federal income taxes under internal revenue code section 501(a). However, the organization is subject to income tax on unrelated business income. For the year ended june 30, 2024, the organization incurred no income tax expense. It is the organization's policy to account for any uncertainties in income tax law in accordance with fasb asc 740-10, accounting for uncertainty in income taxes. Asc 740-10 clarifies the accounting for uncertain income tax positions and requires that the organization recognize the impact of such a tax position in its financial statements if, upon ultimate settlement, that position is more-likely-than-not to be sustained. Management has evaluated the organization's tax positions and concluded that the organization has maintained its tax-exempt status and has taken no uncertain tax positions that require adjustment to the financial statements. As a result, no provision or liability for income taxes has been included in the financial statements. The organization files a 990 return of organization exempt from income tax.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE FLORIDA CULTURAL GROUP, INC. IS TO CREATE, ENTERTAIN AND STRENGTHEN AN ARTISTIC, CREATIVE, CURIOUS AND THRIVING COMMUNITY BY BRINGING PEOPLE TOGETHER.
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IRS990/Desc0NOT ONLY DID OUR PRODUCTION PROGRAM PRODUCE 99 IN-HOUSE PERFORMANCES FOR HUNDREDS OF VOLUNTEER ACTORS TO DISCOVER THEIR PASSIONS IN ACTING, THEATRE LIGHTING, AND TECHNICAL DESIGN WE ALSO HOSTED 54 PROFESSIONALLY PRODUCED PERFORMANCES WHICH INCLUDED CONCERTS, MUSICALS, LOCAL DANCE COMPANIES, AND BAND TRIBUTES. TOTALLY 153 OPPORTUNITIES FOR THE COMMUNITY TO COME TO THE CENTER TO ENJOY LIVE ENTERTAINMENT. THE CENTER IS PROUD TO PROVIDE FREE AND AFFORDABLE HIGH QUALITY LIVE ENTERTAINMENT TO THE AREAS OF AT-RISK YOUTH AND THEIR FAMILIES THROUGH OUR FOR KIDS BY KIDS PROGRAM. OUR ACTION THROUGH ACTING INITIATIVE ALLOWS THE CENTER TO PRESENT ON 6 SOCIALLY MISUNDERSTOOD ISSUES, ON STAGE, THROUGH LIVE THEATRE. THROUGH THE PROGRAM WE PROUDLY PARTNER WITH NON-PROFITS WHOSE MISSIONS ARE TO SUPPORT AND PROVIDE AID, BASED ON SOCIALLY MISUNDERSTOOD ISSUES.
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IRS990/MissionDesc0FLORIDA CULTURAL GROUP, INC. AND ITS VENUE, MANATEE PERFORMING ARTS CENTER, ARE THE CULTURAL ANCHOR AND ECONOMIC DRIVERS IN THE FLORIDA GULF COAST REGION. WE PROVIDE FOR ALL AGES AFFORDABLE, HIGH-QUALITY AND THOUGHT-PROVOKING ENTERTAINMENT, AS WELL AS PERFORMANCE AND TECHNICAL-BASED EDUCATION. IN ADDITION, WE EQUIP THE COMMUNITY WITH AMPLE MEETING, EVENT, AND PRODUCTION SPACE. WE ARE COMMITTED TO BEING THE COMMUNITY'S PREMIER THEATER AND THE REGION'S CENTER FOR CULTURAL, EDUCATION, AND ARTISTIC EXPRESSION. OUR TEAM WORKS TIRELESSLY TO ENSURE THAT WE DELIVER ENGAGING EXCELLENCE FOR ALL AGES, THROUGH THE TALENT WE PRESENT, THE SERVICES WE OFFER AND THE EXPERIENCE WE CREATE. OUR GOAL IS NOT JUST TO ENTERTAIN YOU, WE WANT TO INSPIRE YOU.
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IRS990/OtherExpensesGrp/Desc0LIGHTING, PROPS, CONSTU
IRS990/OtherExpensesGrp/Desc1FOOD, BEVERAGE AND MERC
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3SOUND AND MUSIC
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CENTER'S BALLROOM, GALLERY, AND TWO THEATERS ARE UTILIZED THROUGH OUR RENTAL PROGRAM FOR REHEARSAL SPACE, NONPROFIT FUNDRAISERS, COMMUNITY MEETINGS/FORUMS, LEADERSHIP AND TEAM BUILDING TRAININGS, WEDDINGS, AND MORE. IN ADDITION, COSTUME AND SET PIECES ARE ALSO AVAILABLE FOR RENT. WE ARE THE PROUD HOME TO THE BRADENTON KIWANIS CLUB, WHO MEET AT THE CENTER FOR THEIR WEEKLY MEETINGS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0641465
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0277520
IRS990/ProgSrvcAccomActy3Grp/Desc0THE CENTER'S CONSERVATORY FOR THE PERFORMING AND TECHNICAL ARTS PROGRAM CONSISTS OF YEAR-ROUND THEATRICAL EDUCATION OPPORTUNITIES FOR AGES 8-90. DIRECTED BY OUR PROFESSIONAL ARTISTS AND DIRECTORS; PARTICIPANTS HAVE THE OPPORTUNITY TO BUILD SOCIAL AND COMMUNICATION SKILLS, IMPROVE SELF-ESTEEM, AND BOOST CONFIDENCE THROUGH PARTICIPATION IN LIVE THEATRE. MUSICAL CAMPS ARE A MINIMUM OF 2 WEEKS AND ARE AVAILABLE THROUGHOUT THE YEAR. THROUGH THE PROGRAM, PARTICIPANTS LEARN HOW TO AUDITION TO PARTICIPATE IN REHEARSALS AND ARE A PART OF A MINIMUM OF 4 FULL-STAGED PERFORMANCES. ONE OF THE PRIMARY GOALS OF THIS PROGRAM IS BUILD A COMMUNITY OF YOUNG PERFORMANCES AND PROVIDE A SAFE ENVIRONMENT FOR CHILDREN TO DEVELOP TEAMWORK SKILLS AND CONFIDENCE IN FRONT OF A LIVE AUDIENCE. OUR TECH/THEATRE MANAGEMENT PROGRAM IS DESIGNED TO OFFER STUDENTS A PRE-PROFESSIONAL EXPERIENCE IN TECHNICAL DESIGN OR THEATRE MANAGEMENT. OUR DRAMATURE PROGRAM CONSISTS OF ACTORS AGES 55+ THAT PERFORM IN VARIOUS STYLES OF PRODUCTIONS AND PROVIDE NUMEROUS COMMUNITY OUTREACH PROGRAMS IN A VARIETY OF VENUES.
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