Westhampton Beach Performing Arts Center Inc
- Assets
- $9.3m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 50
- Location
- Westhampton Beach, NY
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 11-3353161
Organization Overview
Westhampton Beach Performing Arts Center Inc is located in Westhampton Beach, NY. The organization was established in 1997. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Westhampton Beach Performing Arts Center Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westhampton Beach Performing Arts Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Westhampton Beach Performing Arts Center Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A FOCAL POINT FOR THE CULTURAL ASPIRATIONS OF THE AREA THROUGH YEAR-ROUND PRESENTING AND ARTS EDUCATION PROGRAMS, AND TO ACT AS A CATALYST TO ENHANCE THE LOCAL ECONOMY, WHILE ENRICHING THE COMMUNITY'S QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE QUALITY PERFORMING ARTS AND CINEMA FROM AROUND THE WORLD AND TO GIVE LOCAL PERFORMING ARTS A VENUE TO PERFORM IN.
TO PROVIDE A GREATER UNDERSTANDING AND APPRECIATION OF THE ARTS THROUGH EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julienne Penza Boone Executive Director | Officer | 40 | $133,567 |
Frank Russel IV Production & Facilities Di | 40 | $108,406 | |
Robert Dieckmann Treasurer | OfficerTrustee | 1 | $0 |
Kathleen Musnicki Secretary | OfficerTrustee | 1 | $0 |
James Kuhn Chairman | OfficerTrustee | 1 | $0 |
Douglas A Lobel ESQ Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $286,855 |
| Related organizations | $0 |
| Government grants | $1,277,110 |
| All other contributions, gifts, grants, and similar amounts not included above | $864,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,428,553 |
| Total Program Service Revenue | $986,687 |
| Investment income | $55,424 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,281 |
| Net Gain/Loss on Asset Sales | $507,543 |
| Net Income from Fundraising Events | -$45,039 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,937,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,587 |
| Compensation of current officers, directors, key employees. | $26,717 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $725,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,260 |
| Payroll taxes | $72,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,741 |
| Fees for services: Other | $3,447 |
| Advertising and promotion | $161,832 |
| Office expenses | $50,134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,430 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $119,977 |
| Insurance | $73,224 |
| All other expenses | $76,641 |
| Total functional expenses | $2,457,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,131,021 |
| Savings and temporary cash investments | $774,882 |
| Pledges and grants receivable | $137,926 |
| Accounts receivable, net | $103,581 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,481 |
| Net Land, buildings, and equipment | $3,463,074 |
| Investments—publicly traded securities | $3,282,011 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $340,262 |
| Total assets | $9,320,238 |
| Accounts payable and accrued expenses | $186,612 |
| Grants payable | $0 |
| Deferred revenue | $420,891 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $607,503 |
| Net assets without donor restrictions | $7,060,684 |
| Net assets with donor restrictions | $1,652,051 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,320,238 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Westhampton Beach Performing Arts Center Inc has recieved totaling $156,536.
| Awarding Organization | Amount |
|---|---|
American Portfolios Foundation Inc Holbrook, NY PURPOSE: CHARITABLE CONTRIBUTION | $62,500 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $56,250 |
Mollie Parnis Livingston Foundation Inc Riverside, CT PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $20,000 |
Mary And Frank Skillern Foundation Southampton, NY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Kleinknecht Fam Foundation Huntington, NY PURPOSE: CHARITABLE | $5,000 |
Barry & Renee Brandeis Foundation Palm Beach Gardens, FL PURPOSE: TO FURTHER ITS 501(C)(3) STATUS | $1,000 |
Endowment Analysis
| Beg. Balance | $3,059,704 |
| Earnings | $451,755 |
| Admin Expense | $38,741 |
| Net Contributions | $250,000 |
| Ending Balance | $3,722,718 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mann Center For The Performing Arts Philadelphia, PA | $32,818,014 | $23,395,696 |
Horace Bushnell Memorial Hall Corporation Hartford, CT | $69,994,331 | $15,110,595 |
Mccarter Theatre Company Princeton, NJ | $28,336,036 | $11,621,825 |
Count Basie Theatre Inc Red Bank, NJ | $61,930,466 | $14,783,970 |
Rochester Broadway Theatre League Inc Rochester, NY | $14,097,725 | $11,757,109 |
Celebrity Series Of Boston Boston, MA | $21,295,635 | $11,486,131 |
Arts Center And Theater Of Schenectady Inc Schenectady, NY | $59,537,808 | $17,534,824 |
Saratoga Springs Performing Arts Center Inc Saratoga Springs, NY | $31,890,328 | $10,810,263 |
Tremont Theatre Inc Boston, MA | $4,028,653 | $4,834,729 |
Stamford Center For The Arts Inc Stamford, CT | $18,714,807 | $7,026,118 |
Palace Theater Group Inc Waterbury, CT | $7,137,767 | $7,444,031 |
Strand-Capitol Performing Arts Center Inc York, PA | $13,276,794 | $10,332,110 |