Maltz Jupiter Theatre Inc
- Assets
- $40.8m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 144
- Location
- Jupiter, FL
- Founding
- 03/2001
- Data as of
- 06/2021
- EIN
- 65-0985652
Organization Overview
Maltz Jupiter Theatre Inc is located in Jupiter, FL. The organization was established in 2001. 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, Maltz Jupiter Theatre Inc employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maltz Jupiter Theatre 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 06/2021, Maltz Jupiter Theatre Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $3.0m during the year ending 06/2021. 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
THE THEATRE IS A PROFESSIONAL REGIONAL THEATRE DEDICATED TO THE PERFORMING ARTS, WHOSE MISSION IS TO ENTERTAIN, EDUCATE AND INSPIRE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIVE THEATRE PRODUCTIONS TO ENHANCE PRESENCE OF ART IN THE REGION. IN ADDITION, EDUCATIONAL AND OTHER DEVELOPMENTAL PROGRAMMING FOR THE BENEFIT OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Kato Chief Executive | Officer | 40 | $221,012 |
Kristen Feldman Director Of Finance | Officer | 40 | $95,803 |
W Scott Seeley Chairman | OfficerTrustee | 1 | $0 |
Robin B Smith Vice Chair | OfficerTrustee | 1 | $0 |
Debra A Elmore Treasurer | OfficerTrustee | 1 | $0 |
Richard J Katz Jr Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kaufman Lynn Construction Inc Construction Management | 6/29/21 | $394,177 |
Northstar Management Company Llc Owner's Representative | 6/29/21 | $138,018 |
Currie Sowards Aquila Architects Architects | 6/29/21 | $115,796 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $871,285 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,374,568 |
| Noncash contributions included in lines 1a–1f | $125,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,245,853 |
| Total Program Service Revenue | $225 |
| Investment income | $134,993 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,382,817 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,006,025 |
| 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. | $373,944 |
| Compensation of current officers, directors, key employees. | $289,787 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $751,829 |
| Pension plan accruals and contributions | $25,667 |
| Other employee benefits | $460,548 |
| Payroll taxes | $90,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,884 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,585 |
| Fees for services: Other | $135,928 |
| Advertising and promotion | $56,573 |
| Office expenses | $42,737 |
| Information technology | $56,984 |
| Royalties | $0 |
| Occupancy | $307,560 |
| Travel | $4,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,392 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $363,212 |
| Insurance | $96,820 |
| All other expenses | $6,167 |
| Total functional expenses | $2,968,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $584,464 |
| Savings and temporary cash investments | $11,954,310 |
| Pledges and grants receivable | $2,850,197 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,372 |
| Prepaid expenses and deferred charges | $302,501 |
| Net Land, buildings, and equipment | $8,214,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $4,773,228 |
| Intangible assets | $102,381 |
| Other assets | $12,029,684 |
| Total assets | $40,833,845 |
| Accounts payable and accrued expenses | $2,267,862 |
| Grants payable | $0 |
| Deferred revenue | $2,773,802 |
| 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 | $435,567 |
| Other liabilities | $660,111 |
| Total liabilities | $6,137,342 |
| Net assets without donor restrictions | $10,147,531 |
| Net assets with donor restrictions | $24,548,972 |
| 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 | $40,833,845 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Maltz Jupiter Theatre Inc has recieved totaling $33,500.
| Awarding Organization | Amount |
|---|---|
John C And Mary Jane Howard Foundation Richland, MI PURPOSE: GENERAL SUPPORT | $15,500 |
Raynier Institute & Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Heichemer Fam Foundation Inc Jupiter, FL PURPOSE: EXEMPT PROGRAMS OF PUBLIC CHARITY | $5,000 |
Rogers Family Foundation Inc New York, NY PURPOSE: PERFORMING ARTS | $3,000 |
Georgescu Family Foundation Westport, CT PURPOSE: GENERAL BUSINESS | $0 |
Endowment Analysis
| Beg. Balance | $184,350 |
| Other Expense | $31,600 |
| Ending Balance | $152,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tampa Bay Performing Arts Center Tampa, FL | $46,297,228 | $24,294,667 |
The Florida Theatre Performing Arts Jacksonville, FL | $15,331,113 | $12,957,631 |
Maxwell C King Center For The Performing Arts Inc Cocoa, FL | $10,137,230 | $8,368,626 |
Rivercenter Inc Columbus, GA | $5,489,865 | $4,501,265 |
Maltz Jupiter Theatre Inc Jupiter, FL | $40,833,845 | $12,006,025 |
Opera Orlando Inc Orlando, FL | $507,305 | $2,036,240 |
Emerald Coast Theatre Company Miramar Beach, FL | $848,624 | $1,713,398 |
Zoetic Stage Inc Miami, FL | $319,976 | $861,527 |
Princess Theatre Center For The Performing Arts Decatur, AL | $709,862 | $747,473 |
Polk Theatre Inc Lakeland, FL | $2,167,498 | $771,535 |
Lake Worth Playhouse Inc Lake Worth, FL | $754,121 | $502,561 |
Boca Raton Arts District Exploratory Corporation Boca Raton, FL | $6,531,467 | $1,859,773 |