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Filing year 2023

SARASOTA PERFORMING ARTS CENTER FOUNDATION INC

Sarasota, Florida·EIN 59-2807055·501(c)(3)
Total revenue
$7.6M
Total assets
$19.9M
Total expenses
$4.9M
Reported officers
26
Mission

TO BE A PREEMINENT DESTINATION FOR THE PERFORMING ARTS IN THE NATION BY OFFERING EXTRAORDINARY CULTURAL AND EDUCATIONAL EXPERIENCES THAT ENRICH OUR COMMUNITY, INSPIRE MINDS, AND MANIFEST THE POWER OF THE ARTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Advancemt Offcr Thru Sept 2023
Officer (Unspecified)
$198k
$217k
Base
$183k
Bonus
Other
Benefits
$10k
Vice President
Board Vice President
Median to 75th percentile
$179k
$195k
Base
$154k
Bonus
$13k
Other
Benefits
$7k
Executive Director
Median to 75th percentile
$157k
$171k
Base
$141k
Bonus
$5k
Other
Benefits
$7k
COO Thru June 2023
25th percentile to median
$131k
$143k
Dir. Leadership Giving Thru Oct 2023
Highest Compensated Employee
10th to 25th percentile
$115k
$126k
CEO Thru May 2023
Median to 75th percentile
$93k
$101k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Funded by

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

Down 32%
from 2022

From $294k in 2022 to $198k in 2023.

$294k
2022
$198k
2023
In today's dollarsEst.
Down 35% in real terms$335k to $217k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 47% from 2022 to 2023, while revenue rose 72%.

$294k in 2022 to $157k in 2023.
  • Chief Operating Officer pay fell 34% from 2022 to 2023.
  • Highest Compensated Employee pay fell 7% 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.
Financial trend

Revenue and expenses over time

SARASOTA PERFORMING ARTS CENTER FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.4M
$5.6M
2022
$7.6M
$4.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SARASOTA PERFORMING ARTS CENTER FOUNDATION INC

What does the Board Vice President of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC earn?

In 2023, the Board Vice President of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC received $178,977 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at SARASOTA PERFORMING ARTS CENTER FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Vice President at SARASOTA PERFORMING ARTS CENTER FOUNDATION INC falls between the median and the 75th percentile.

What are SARASOTA PERFORMING ARTS CENTER FOUNDATION INC's revenue and expenses?

In 2023, SARASOTA PERFORMING ARTS CENTER FOUNDATION INC reported $7.6M in total revenue and $4.9M in total expenses on its IRS Form 990.

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