Society Of The Four Arts is located in Palm Beach, FL. The organization was established in 1952. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Society Of The Four Arts employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of The Four 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, Society Of The Four Arts generated $24.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $10.7m during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 ENCOURAGE AND CULTIVATE A TASTE FOR MUSIC, LITERATURE, DANCE AND OTHER ARTS. TO MOUNT OPERATIC OR DRAMATIC PRESENTATIONS, CONCERTS, LECTURES, EXHIBITS OF THE VISUAL ARTS, AND OTHER ENTERTAINMENTS. TO BRING INTO COMMUNICATION WITH EACH OTHER ALL THOSE WHO DESIRE TO ELEVATE THE STANDARD OF THE ARTS, AND TO PROMOTE AND CREATE THE ENJOYMENT OF THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTISTIC PROGRAMMING CONSISTS OF ART EXHIBITIONS, CONCERTS, FILMS, HD SCREENINGS FROM THE METROPOLITAN OPERA AND OTHER ARTS ORGANIZATIONS, AND LECTURES. EACH YEAR THE SOCIETY OF THE FOUR ARTS PRESENTS A FULL SEASON OF NOTABLE PROGRAMS IN EACH OF ITS FOUR DESIGNATED MISSION AREAS: MUSIC, DRAMA, LITERATURE, AND THE VISUAL ARTS (PAINTING, SCULPTURE, AND ARCHITECTURE). CONCERTS, USUALLY PRESENTED ON WEDNESDAY EVENINGS AND SUNDAY AFTERNOONS, ATTRACT ENTHUSIASTIC AUDIENCES TO PROGRAMS BY THE WORLD'S LEADING MUSICIANS IN DIVERSE PERFORMANCES OF CLASSICAL, JAZZ, BLUEGRASS, AND MORE. RECENT ART EXHIBITIONS IN THE SOCIETY'S ESTHER B. O'KEEFFE GALLERY INCLUDED IN GOD WE TRUST: EARLY BIBLE PAINTINGS FROM THE DAVID M. RUBENSTEIN AMERICANA COLLECTION; UBUHLE WOMEN: BEADWORK AND THE ART OF INDEPENDENCE COLLECTION; AND, THE CHARLES AND JACKSON POLLOCK COLLECTION. ART FILMS AND MEMORABLE HOLLYWOOD MOVIES ARE SHOWN ON FRIDAY AFTERNOON AND EVENINGS; EACH SEASON'S FULL SCHEDULE OF LIVE HD BROADCASTS IS OFFERED ON SATURDAYS AND SUNDAYS. MANY EXHIBITIONS AND CONCERTS ARE ACCOMPANIED BY LECTURES AND GALLERY TALKS, AND THE SOCIETY'S MULTI-ACRE GARDENS - BOTANICAL DISPLAY GARDENS AND A TWO-ACRE SCULPTURE GARDEN - ARE OPEN TO THE PUBLIC YEAR-ROUND, FREE OF CHARGE. ATTENDANCE 24,168 AND 94 EVENTS.
BECAUSE THE TOWN OF PALM BEACH HAS NO PUBLIC LIBRARIES, THE SOCIETY'S TWO LIBRARIES - THE KING LIBRARY FOR ADULTS AND A SEPARATE, SUPERBLY EQUIPPED CHILDREN'S LIBRARY, SERVE, IN EFFECT, AS THE TOWN'S "OFFICIAL" LIBRARIES. BOTH ARE OPEN TO THE PUBLIC AT NO CHARGE (ADULTS PAY A SMALL FEE FOR BORROWING PRIVILEGES); BOTH PRESENT A FULL SEASON'S SCHEDULE OF EVENTS: STORY HOURS FOR CHILDREN, PLUS CELEBRATIONS OF SPECIAL EVENTS LIKE NATIONAL FIRE PREVENTION WEEK WHEN PALM BEACH'S FIRE TRUCKS AND FIREFIGHTERS VISIT THE CHILDREN'S LIBRARY, AUTHOR VISITS, BOOK SIGNINGS, POETRY READINGS, LECTURES, BOOK DISCUSSIONS, AND OTHER EVENTS FOR ADULTS. ATTENDANCE 17,190 AND 206 EVENTS.
EDUCATION (CAMPUS ON THE LAKE) PROGRAMMING CONSISTS OF FIELD TRIPS, LECTURES, MASTER CLASSES, SEMINARS, AND WORKSHOPS DEDICATED TO THE LIVING ARTS. THESE PROGRAMS AND EVENTS ARE PRESENTED IN THE NEW FOUR ARTS CAMPUS ON THE LAKE EDUCATION BUILDING. THE PRESENTATIONS RANGE WIDELY IN SUBJECT MATTER: ONGOING CLASSES ON CLASSICAL MUSIC, OPERA, LITERATURE, ART, WATERCOLOR PAINTING, SCULPTURE, COOKING, AND FLOWER ARRANGING; ONE-TIME LECTURES ON A WIDE VARIETY OF SUBJECTS. DESIGNED TO ATTRACT A BROAD AUDIENCE, THE CAMPUS ON THE LAKE HAS WON WIDE PRAISE FOR THE VARIETY AND DEPTH OF ITS PROGRAMS. ATTENDANCE 4,482 AND 111 EVENTS.
THE FOUR ARTS GARDENS WERE FOUNDED IN THE 1930'S, WHEN MANY VISITORS AND NEW RESIDENTS WERE UNFAMILIAR WITH THE SUBTROPICAL FLORA OF SOUTH FLORIDA. THE GARDENS WERE DESIGNED TO DEMONSTRATE THE VARITIES OF HORTICULTURE POSSIBLE IN THE REGION. THE HORTICULTURAL DISPLAY GARDENS FEATURE NINE SEPARATE SECTIONS RANGING FROM A CHINESE-STYLE WALLED GARDEN TO A FORMAL COLONIAL GARDEN TO A SPANISH GARDEN AGAINST A MEDITERRANEAN-REVIVAL FACADE AND SHOWCASING AN ANTIQUE SPANISH WELL. THE GARDENS ARE MAINTAINED BY THE GARDEN CLUB OF PALM BEACH.IMMEDICATELY ADJACENT, THE TWO-ACRE PHILIP HULITAR SCULPTURE GARDEN, WHICH DISPLAYS AN ENCYCLOPEDIC COLLECTION OF AMERICAN AND INTERNATIONAL SCULPTURE AND FUNCTIONS AS A PUBLIC PARK FOR PALM BEACH, IS A FURTHER SHOWCASE FOR SUBTROPICAL HORTICULTURE. THE GARDENS ARE OPEN TO THE PUBLIC YEAR-ROUND, FREE OF CHARGE. ATTENDANCE 34,834.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Mardambek Former Finance Director | 40 | $962,456 | |
Dr Philip Rylands President & CEO | Officer | 40 | $338,415 |
Bridget Baratta Director Of Advancement | Officer | 40 | $170,361 |
Rachel Schipper Director Of Libraries | 40 | $131,994 | |
Sofia Maduro Director Of Programming | 40 | $122,121 | |
Ronald Minnicks Director Of Buildings & Grounds | 40 | $121,621 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tci Rood Landscaping | 6/29/21 | $177,781 |
Shutts & Bowen Llp Legal Services | 6/29/21 | $108,155 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $2,099,198 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $471,785 |
All other contributions, gifts, grants, and similar amounts not included above | $14,532,223 |
Noncash contributions included in lines 1a–1f | $498,492 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,103,206 |
Total Program Service Revenue | $258,460 |
Investment income | $1,357,205 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $45,963 |
Net Gain/Loss on Asset Sales | $5,739,671 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$8,815 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,597,391 |
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. | $678,329 |
Compensation of current officers, directors, key employees. | $203,091 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,530,137 |
Pension plan accruals and contributions | $346,049 |
Other employee benefits | $285,534 |
Payroll taxes | $230,096 |
Fees for services: Management | $0 |
Fees for services: Legal | $198,891 |
Fees for services: Accounting | $43,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $229,957 |
Fees for services: Other | $308,573 |
Advertising and promotion | $191,714 |
Office expenses | $449,057 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,326,812 |
Travel | $13,232 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $403,880 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,604,022 |
Insurance | $188,924 |
All other expenses | $30,601 |
Total functional expenses | $10,746,625 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,425,957 |
Savings and temporary cash investments | $1,611,063 |
Pledges and grants receivable | $217,728 |
Accounts receivable, net | $30,510 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $11,816 |
Prepaid expenses and deferred charges | $752,177 |
Net Land, buildings, and equipment | $47,194,132 |
Investments—publicly traded securities | $64,676,980 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,253,546 |
Total assets | $121,173,909 |
Accounts payable and accrued expenses | $981,940 |
Grants payable | $0 |
Deferred revenue | $665,725 |
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 | $12,058,033 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,606,542 |
Total liabilities | $15,312,240 |
Net assets without donor restrictions | $96,969,556 |
Net assets with donor restrictions | $8,892,113 |
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 | $121,173,909 |
Over the last fiscal year, we have identified 4 grants that Society Of The Four Arts has recieved totaling $69,898.
Awarding Organization | Amount |
---|---|
Ann And Robert Fromer Charitable Foundation Inc Palm Beach, FL PURPOSE: GENERAL | $49,898 |
Georgescu Family Foundation Westport, CT PURPOSE: GENERAL BUSINESS | $10,000 |
Taubman Foundation For The Arts Roanoke, VA PURPOSE: OPERATING CONTRIBUTION | $10,000 |
Demetra C Vagelos Foundation West Palm Beach, FL PURPOSE: CHARITABLE GIFT | $0 |
Beg. Balance | $44,910,126 |
Earnings | $11,620,281 |
Admin Expense | $1,717,562 |
Net Contributions | $10,743,414 |
Ending Balance | $65,556,259 |
Organization Name | Assets | Revenue |
---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |