Kauffman Center For The Performing Arts is located in Kansas City, MO. The organization was established in 2000. 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 06/2021, Kauffman Center For The Performing Arts employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kauffman Center For The Performing Arts 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 06/2021, Kauffman Center For The Performing Arts generated $9.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $18.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Schofer Ceo, President | Officer | 50 | $317,560 |
Janet Mark Director Of Development | 50 | $159,276 | |
Bill Miller VP Of Operations | 50 | $156,808 | |
Patrick Donnelly Director Of Theater Operat | 50 | $156,609 | |
Colby Jones Chief Financial Officer | Officer | 50 | $128,852 |
Lisa Voss Director Of Sales - Specia | 50 | $107,662 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Myron Green Corporation Food & Beverage Service | 6/29/21 | $371,836 |
Bluecross Blue Shield Insurance Carrier | 6/29/21 | $368,494 |
Lockton Liability, Property & Worker's Compensat | 6/29/21 | $282,276 |
Harvest Production Labor And Equipment | 6/29/21 | $263,813 |
Evergy Electricity | 6/29/21 | $279,866 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $575,858 |
All other contributions, gifts, grants, and similar amounts not included above | $3,800,503 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,376,361 |
Total Program Service Revenue | $981,306 |
Investment income | $2,067,547 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $748,023 |
Net Gain/Loss on Asset Sales | $963,714 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$355 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,136,596 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,086 |
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. | $459,517 |
Compensation of current officers, directors, key employees. | $158,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,041,675 |
Pension plan accruals and contributions | $79,313 |
Other employee benefits | $405,432 |
Payroll taxes | $172,411 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,588 |
Fees for services: Accounting | $37,217 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $344,423 |
Fees for services: Other | $54,346 |
Advertising and promotion | $86,236 |
Office expenses | $101,786 |
Information technology | $284,289 |
Royalties | $0 |
Occupancy | $350,140 |
Travel | $17,203 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $41,182 |
Interest | $1,852,063 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,933,972 |
Insurance | $250,878 |
All other expenses | $1,724 |
Total functional expenses | $18,100,858 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,296,113 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $79,538,748 |
Accounts receivable, net | $445,162 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $84,402 |
Prepaid expenses and deferred charges | $181,090 |
Net Land, buildings, and equipment | $239,396,978 |
Investments—publicly traded securities | $99,868,907 |
Investments—other securities | $13,757,446 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $221,018 |
Total assets | $435,789,864 |
Accounts payable and accrued expenses | $1,428,337 |
Grants payable | $0 |
Deferred revenue | $1,278,238 |
Tax-exempt bond liabilities | $100,258,477 |
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 | $542,533 |
Total liabilities | $103,507,585 |
Net assets without donor restrictions | $252,082,156 |
Net assets with donor restrictions | $80,200,123 |
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 | $435,789,864 |
Over the last fiscal year, Kauffman Center For The Performing Arts has awarded $15,061 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Kansas City, MO PURPOSE: COMMUNITY TICKETS | $8,731 |
Immokalee, FL PURPOSE: COMMUNITY TICKETS | $6,330 |
Over the last fiscal year, we have identified 1 grants that Kauffman Center For The Performing Arts has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Victor E And Caroline E Schutte Foundation Dallas, TX PURPOSE: ACOUSTIC ADJUSTMENTS | $25,000 |
Beg. Balance | $64,382,944 |
Earnings | $23,333,548 |
Admin Expense | $338,166 |
Net Contributions | $1,120,394 |
Other Expense | $1,362,730 |
Ending Balance | $87,135,990 |
Organization Name | Assets | Revenue |
---|---|---|
Tennessee Performing Arts Center Management Corporation Nashville, TN | $35,782,071 | $25,885,364 |
Kauffman Center For The Performing Arts Kansas City, MO | $435,789,864 | $9,136,596 |
Starlight Theatre Association Of Kansas City Inc Kansas City, MO | $43,695,119 | $27,963,583 |
Connect2culture Joplin, MO | $4,192,804 | $8,724,322 |
Music And Dance Theater Chicago Inc Chicago, IL | $59,585,451 | $8,251,636 |
Oklahoma Contemporary Arts Center Inc Oklahoma City, OK | $30,073,274 | $4,620,457 |
Historic Tennessee Theatre Foundation Knoxville, TN | $32,949,657 | $9,927,493 |
Tulsa Performing Arts Center Trust Tulsa, OK | $9,008,592 | $6,495,113 |
Producers Live Stock Cr Corp Omaha, NE | $188,745,900 | $8,023,454 |
Luther F Carson Four Rivers Center Inc Paducah, KY | $59,072,684 | $5,458,266 |
Firehouse Community Arts Center Of Chicago Chicago, IL | $572,664 | $2,968,045 |
Arts Of Southern Kentucky Inc Bowling Green, KY | $7,056,878 | $5,434,508 |