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Filing year 2023

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

West Palm Beach, Florida·EIN 59-2245054·NTEE A610 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$45.4M
Total assets
$208.6M
Total expenses
$46M
Reported officers
34
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

CEO
Above 90th percentilevs Arts, Culture & Humanities peers in Florida
$566k
$624k
Base
$449k
Bonus
$90k
Other
Benefits
$13k
CFO
Above 90th percentilevs Arts, Culture & Humanities peers in Florida
$351k
$386k
Base
$308k
Bonus
$15k
Other
Benefits
$13k
VP of Marketing/programing
Board Vice President
75th to 90th percentile
$267k
$294k
Base
$227k
Bonus
$15k
Other
Benefits
$13k
VP of Develop
Board Vice President
75th to 90th percentile
$267k
$294k
Base
$242k
Bonus
Other
Benefits
$13k
VP of Operation
Board Vice President
75th to 90th percentile
$216k
$238k
Base
$193k
Bonus
$10k
Other
Benefits
$13k
Senior Director of IT
Chief Information Officer
Median to 75th percentile
$195k
$214k
Base
$175k
Bonus
Other
Benefits
$13k
Senior IT Analyst
Highest Compensated Employee
Median to 75th percentile
$153k
$169k
Base
$134k
Bonus
Other
Benefits
$13k
Director of Education
Highest Compensated Employee
25th percentile to median
$144k
$159k
Senior Director of Development
25th percentile to median
$139k
$153k
Senior Director of Marketing/pr
Highest Compensated Employee
25th percentile to median
$134k
$148k
Chief Operations Officer
Former Officer/director/trustee
Median to 75th percentile
$130k
$144k
Base
$10k
Bonus
$120k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
1%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 29%
from 2022

From $438k in 2022 to $566k in 2023.

$438k
2022
$566k
2023
In today's dollarsEst.
Up 20% in real terms$520k to $624k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 29% from 2022 to 2023, while revenue rose 12%.

$438k in 2022 to $566k in 2023.
  • Chief Financial Officer pay rose 2% from 2022 to 2023.
  • Board Vice President pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

What does the Chief Executive Officer of RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC earn?

In 2023, the Chief Executive Officer of RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC received $566,076 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Florida: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Florida, the 2023 pay of the Chief Executive Officer at RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC falls in the top 10%. In 2023, the highest total compensation at RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC's revenue and expenses?

In 2023, RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC reported $45.4M in total revenue and $46M in total expenses on its IRS Form 990.

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