Palm Beach Dramaworks Inc is located in West Palm Beach, FL. The organization was established in 2000. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, Palm Beach Dramaworks Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Beach Dramaworks 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 08/2023, Palm Beach Dramaworks Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $3.6m during the year ending 08/2023. While expenses have increased by 5.3% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PALM BEACH DRAMAWORKS IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN 2000 UNDER THE LAWS OF THE STATE OF FLORIDA. IN ACCORDANCE WITH ITS MISSION AND VISION, THE ORGANIZATION BELIEVES IN THE TRANSFORMATIVE POWER OF LIVE THEATRE AND IS COMMITTED TO PRESENTING OUTSTANDING PRODUCTIONS OF CLASSIC, CONTEMPORARY, AND WORLD PREMIERE PLAYS THAT ENTERTAIN, ENLIGHTEN, STIMULATE DISCUSSION, AND ILLUMINATE OUR SHARED HUMANITY. WE ARE EQUALLY DEDICATED TO CREATING NEW WORKS AND CULTIVATING NEW AUDIENCES, UPHOLDING THE ORIGINAL OBJECTIVES OF THE REGIONAL THEATRE MOVEMENT. WE RECOGNIZE AND VALUE THE POWER OF EDUCATION, OFFERING INSPIRING, LIFE-CHANGING PROGRAMS FOR STUDENTS, AND THOUGHT-PROVOKING INITIATIVES FOR ADULTS. OUR PERFORMANCES ARE PRESENTED AT THE DON & ANN BROWN THEATRE, LOCATED IN THE HEART OF DOWNTOWN WEST PALM BEACH, AT 201 CLEMATIS STREET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FIVE MAIN-STAGE PRODUCTIONS WERE: 4000 MILES - 22 PERFORMANCES/ 3,037 ATTENDEES; TWELVE ANGRY MEN - 25 PERFORMANCES/4,825 ATTENDEES; THE SCIENCE OF LEAVING OMAHA - 21 PERFORMANCES/3,373 ATTENDEES; AUGUST: OSAGE COUNTY - 21 PERFORMANCES/3,371 ATTENDEES; AND TOPDOG/UNDERDOG - 17 PERFORMANCES/2,313 ATTENDEES. THE ADULT ENRICHMENT SERIES DRAMAWISE, WAS HELD PRIOR TO EACH SHOWS OPENING AND INCLUDED AN INTER-ACTIVE DISCUSSION OF THE PLAY, IT'S CHARACTERS, THEMES AND SOCIAL RELEVANCE AND A CONVERSATION WITH THE CAST AND CREW WHO PROVIDE AN INTIMATE LOOK AT PBD'S PRODUCTION. THESE FORUMS ALLOWED FOR PUBLIC COMMENT, DISCUSSION AND EDUCATION - 5 SESSIONS HELD/250 ATTENDEES.
WE ARE EQUALLY COMMITTED TO THE IDENTIFICATION AND DEVELOPMENT OF NEW PLAYS THROUGH OUR DRAMAWORKSHOP, ON WHICH WE SPEND APPROXIMATELY 15% OF OUR EFFORTS. PLAYWRIGHTS FROM AROUND THE COUNTRY SUBMIT THEIR UNPRODUCED PLAYS WHICH ARE READ AND ADJUDICATED BY A TEAM OF THEATRICAL ARTISTS. SOME ARE PRESENTED FOR AUDIENCE FEEDBACK, AND 5 FINALISTS ARE SELECTED TO RECEIVE STAGED READINGS AT OUR NEW YEAR/NEW PLAY FESTIVAL (SUBSEQUENTLY RENAMED THE PERLBERG FESTIVAL OF NEW PLAYS), OVER 3 DAYS IN JANUARY. FOLLOWING THE READINGS, THE PLAYWRIGHTS ARE ALSO OFFERED THE OPPORTUNITY TO RECEIVE REAL-TIME VALUABLE FEEDBACK FROM THE COMMUNITY - 5 PERFORMANCES/690 ATTENDEES.
WE ARE COMMITTED TO PROVIDING STRONG, VIBRANT EDUCATIONAL OPPORTUNITIES FOR STUDENTS TO NURTURE CREATIVITY, INSPIRE ARTISTIC POTENTIAL, BUILD CONFIDENCE AND ENCOURAGE SELF-EXPRESSION. APPROXIMATELY 25% OF OUR EFFORTS INCLUDE: IN-SCHOOL MASTER CLASSES IN ACTING AND PLAYWRITING; SPECIAL STUDENT MATINEE PERFORMANCES OF OUR PRODUCTIONS HELD AT NO CHARGE FOR STUDENTS FROM LOCAL AREA SCHOOLS WITH TRANSPORTATION ALSO PROVIDED; AND FREE OR REDUCED PRICED TICKETS TO REGULARLY SCHEDULED PERFORMANCES FOR STUDENTS AND EDUCATORS. STUDENTS ALSO HAVE THE OPPORTUNITY TO AUDITION AND RECEIVE GUIDANCE FROM THEATRE PROFESSIONALS TO POLISH AUDITION TECHNIQUES. OTHER EDUCATIONAL PROGRAMS INCLUDE THE YOUNG PLAYWRIGHTS 10-MINUTE & 1- MINUTE PLAY CONTESTS GIVING MIDDLE AND HIGH SCHOOL STUDENTS A CREATIVE VOICE IN EXPRESSING THEIR THOUGHTS AND IDEAS; THE LEGACY PROJECT CREATING AN ANNUAL LGBTQ INTERGENERATIONAL DIGITAL STORYTELLING PROJECT; AND THE ONE HUMANITY TOUR, A SCHOOL TOURING PROGRAM FOR 6TH AND 7TH GRADERS USING DRAMA TO DEVELOP INFORMED, THOUGHTFUL, AND COMPASSIONATE CITIZENS. FOR THE YOUNG PLAYWRIGHT'S 10-MINUTE CONTEST, PLAYS WERE SOLICITED FROM STUDENTS AT ALL PALM BEACH COUNTY SCHOOLS. 62 PLAYS WERE SUBMITTED, AND 10 WERE SELECTED AS "WINNERS" TO RECEIVE A STAGED READING OF THEIR PLAY WITH PROFESSIONAL ACTORS AND DIRECTORS ALONG WITH A 250 AWARD AND A PUBLISHED COPY OF THEIR SCRIPT. IT WAS PRESENTED FREE OF CHARGE AT THE THEATRE AND HAD 210 ATTENDEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carlton Moody Chair | OfficerTrustee | 2 | $0 |
Hon Ann Brown Vice Chair | OfficerTrustee | 2 | $0 |
Stephen Brown Vice Chair | OfficerTrustee | 2 | $0 |
Larry Goldfein Vice Chair | OfficerTrustee | 2 | $0 |
Lew Kramer Treasurer | OfficerTrustee | 2 | $0 |
Penny Bank Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $292,544 |
All other contributions, gifts, grants, and similar amounts not included above | $1,885,221 |
Noncash contributions included in lines 1a–1f | $277,883 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,177,765 |
Total Program Service Revenue | $1,217,725 |
Investment income | $48,572 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $17,557 |
Net Gain/Loss on Asset Sales | $36,373 |
Net Income from Fundraising Events | $76,050 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,592,300 |
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. | $330,681 |
Compensation of current officers, directors, key employees. | $69,006 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,240,336 |
Pension plan accruals and contributions | $94,141 |
Other employee benefits | $130,700 |
Payroll taxes | $115,512 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,586 |
Advertising and promotion | $326,168 |
Office expenses | $13,189 |
Information technology | $0 |
Royalties | $131,217 |
Occupancy | $201,900 |
Travel | $54,673 |
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 | $244,460 |
Insurance | $72,399 |
All other expenses | $127,547 |
Total functional expenses | $3,574,612 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $195,333 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $12,064 |
Net Land, buildings, and equipment | $4,010,457 |
Investments—publicly traded securities | $2,385,025 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $472,450 |
Total assets | $7,075,329 |
Accounts payable and accrued expenses | $6,348 |
Grants payable | $0 |
Deferred revenue | $9,108 |
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 | $430,360 |
Total liabilities | $445,816 |
Net assets without donor restrictions | $5,784,056 |
Net assets with donor restrictions | $845,457 |
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 | $7,075,329 |