John F Kennedy Center For The Performing Arts is located in Washington, DC. The organization was established in 1959. 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 09/2021, John F Kennedy Center For The Performing Arts employed 2,093 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John F Kennedy 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 09/2021, John F Kennedy Center For The Performing Arts generated $131.9m 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 (9.3%) each year. All expenses for the organization totaled $138.5m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John F Kennedy Center For The Performing Arts has awarded 51 individual grants totaling $1,411,614. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JOHN F. KENNEDY CENTER FOR THE PERFORMING ARTS (KENNEDY CENTER) SERVES AS BOTH A PRESIDENTIAL MEMORIAL AND THE NATION'S CENTER FOR THE PERFORMING ARTS.
Describe the Organization's Program Activity:
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ms Deborah F Rutter President | Officer | 39.94 | $507,376 |
Mr Gary Ginstling Executive Director, Nso | Officer | 38.85 | $358,223 |
Mr Timothy O'leary General Director, Wno | Officer | 38.85 | $321,530 |
Ms Lynne H Pratt Chief Financial Officer | Officer | 37.58 | $305,526 |
Ms Leslie J Miller Sr Vp, Development | Officer | 40 | $284,946 |
Mr Robert Van Leer Sr Vp, Artistic Planning | Officer | 40 | $280,688 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Whiting-turner Contracting Construction | 9/29/21 | $7,108,773 |
Gov Services Inc Housekeeping | 9/29/21 | $2,972,675 |
Securiguard Inc Security | 9/29/21 | $5,840,761 |
Kierantimberlake Llc Architect | 9/29/21 | $1,812,481 |
My Fair Lady On Tour Llc Touring Company | 9/29/21 | $2,044,447 |
Statement of Revenue | |
---|---|
Federated campaigns | $3,083 |
Membership dues | $6,011,207 |
Fundraising events | $5,995,454 |
Related organizations | $1,357,054 |
Government grants | $48,953,661 |
All other contributions, gifts, grants, and similar amounts not included above | $50,099,862 |
Noncash contributions included in lines 1a–1f | $5,065,892 |
Total Revenue from Contributions, Gifts, Grants & Similar | $112,420,321 |
Total Program Service Revenue | $10,906,561 |
Investment income | $2,557,980 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $235,416 |
Net Rental Income | -$1,917,922 |
Net Gain/Loss on Asset Sales | $3,388,624 |
Net Income from Fundraising Events | -$463,237 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$238,840 |
Miscellaneous Revenue | $0 |
Total Revenue | $131,887,930 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $499,491 |
Grants and other assistance to domestic individuals. | $699,081 |
Grants and other assistance to Foreign Orgs/Individuals | $3,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,051,512 |
Compensation of current officers, directors, key employees. | $1,508,034 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $49,520,191 |
Pension plan accruals and contributions | $3,927,513 |
Other employee benefits | $6,096,061 |
Payroll taxes | $3,418,057 |
Fees for services: Management | $0 |
Fees for services: Legal | $433,635 |
Fees for services: Accounting | $290,691 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $278,805 |
Fees for services: Investment Management | $184,520 |
Fees for services: Other | $28,979,773 |
Advertising and promotion | $1,231,659 |
Office expenses | $2,525,169 |
Information technology | $1,480,598 |
Royalties | $130,595 |
Occupancy | $3,184,953 |
Travel | $1,226,059 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $538,269 |
Interest | $2,189,199 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,559,983 |
Insurance | $450,442 |
All other expenses | $0 |
Total functional expenses | $138,496,216 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $67,895,101 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $90,897,731 |
Accounts receivable, net | $2,262,083 |
Loans from Officers, Directors, or Controlling Persons | $8,875 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $511,050 |
Prepaid expenses and deferred charges | $1,539,852 |
Net Land, buildings, and equipment | $301,051,962 |
Investments—publicly traded securities | $129,449,031 |
Investments—other securities | $3,441,950 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $59,844,676 |
Total assets | $656,902,311 |
Accounts payable and accrued expenses | $18,631,642 |
Grants payable | $0 |
Deferred revenue | $32,055,749 |
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 | $81,566,218 |
Other liabilities | $8,516,604 |
Total liabilities | $140,770,213 |
Net assets without donor restrictions | $273,674,426 |
Net assets with donor restrictions | $242,457,672 |
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 | $656,902,311 |
Over the last fiscal year, John F Kennedy Center For The Performing Arts has awarded $355,144 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
Los Angeles, CA PURPOSE: TA LOCAL PROGRAM | $138,100 |
STATE OF MINNESOTA PURPOSE: TA LOCAL PROGRAM | $46,679 |
Wenatchee, WA PURPOSE: ACTF GRANT | $33,200 |
DES MOINES INDEPENDENT COMMUNITY SCHOOL DISTRICT PURPOSE: TA LOCAL PROGRAM | $22,000 |
Astoria, NY PURPOSE: TA LOCAL PROGRAM | $22,000 |
BROWARD EDUCATION FOUNDATION PURPOSE: TA LOCAL PROGRAM | $15,000 |
Over the last fiscal year, we have identified 2 grants that John F Kennedy Center For The Performing Arts has recieved totaling $60,000.
Awarding Organization | Amount |
---|---|
Pyle Foundation Madison, WI PURPOSE: GENERAL SUPPORT | $50,000 |
Carter & Melissa Cafritz Charitable Tr Washington, DC PURPOSE: DC SCHOOLS PARTNERSHIP | $10,000 |
Beg. Balance | $123,629,319 |
Earnings | $16,530,217 |
Admin Expense | $182,285 |
Net Contributions | $9,195,507 |
Other Expense | $1,573,093 |
Ending Balance | $147,599,665 |
Organization Name | Assets | Revenue |
---|---|---|
John F Kennedy Center For The Performing Arts Washington, DC | $656,902,311 | $131,887,930 |
Strathmore Hall Foundation Inc North Bethesda, MD | $27,256,314 | $8,322,288 |
Washington Performing Arts Society Washington, DC | $12,549,147 | $4,886,462 |
Lyric Foundation Inc Baltimore, MD | $19,508,427 | $4,826,860 |
Hippodrome Foundation Inc Baltimore, MD | $13,272,762 | $8,345,176 |
Maryland Hall For The Creative Arts Inc Annapolis, MD | $14,959,941 | $1,722,678 |
Zeiders American Dream Theater Virginia Beach, VA | $9,355,099 | $2,062,957 |
Atlas Performing Arts Center Washington, DC | $17,353,205 | $2,355,130 |
Maryland Theatre Association Inc Hagerstown, MD | $20,853,735 | $2,408,622 |
The National Theatre Foundation Washington, DC | $6,261,563 | $1,353,760 |
Academy Center Of The Arts Inc Lynchburg, VA | $41,266,969 | $2,992,535 |
Richmond Performing Arts Alliance Richmond, VA | $133,538,095 | $2,679,969 |