Phoenix Performing Arts Center Inc
- Assets
- $6.7m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 126
- Location
- Phoenix, AZ
- Founding
- 07/1984
- Data as of
- 06/2023
- EIN
- 86-0477969
Organization Overview
Phoenix Performing Arts Center Inc, operating under the name Herberger Theater Center, is located in Phoenix, AZ. The organization was established in 1984. 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 06/2023, Herberger Theater Center employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herberger Theater Center 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 06/2023, Herberger Theater Center generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 8 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
WE ARE ARIZONA'S CENTER STAGE, ENGAGING THE COMMUNITY THROUGH DIVERSE EXPERIENCES THAT IGNITE EMOTION, STIMULATE CONVERSATION, AND INSPIRE CONNECTIONS WITH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HERBERGER THEATER IS A 501(C)(3) ARIZONA NON-PROFIT ORGANIZATION THAT ENGAGES THE COMMUNITY THROUGH DIVERSE EXPERIENCES THAT IGNITE EMOTION, STIMULATES CONVERSATION AND INSPIRES CONNECTIONS WITH THE ARTS. OPENED IN 1989 AND FULLY RENOVATED IN 2010, THE HERBERGER THEATER OFFERS THREE THEATER VENUES, ART GALLERY, PLAZA, OUTDOOR PAVILION WITH STAGE, AND RENTABLE EVENT SPACE FOR A VARIETY OF COMMUNITY USES. THE HERBERGER THEATER HOSTS A DIVERSE RANGE OF DRAMATIC, DANCE AND MUSICAL PERFORMANCES; IS HOME TO LOCAL THEATER AND DANCE COMPANIES; ITS GALLERY PROVIDES A VENUE FOR ARIZONA ARTISTS TO PRESENT THEIR WORKS; AND A PLAZA THAT HOSTS CIVIC AND ARTS EVENTS. PROCEEDS FROM ANNUAL FUNDRAISING BENEFITS ITS YOUTH OUTREACH PROGRAMS, DESIGNED TO GIVE ARIZONA CHILDREN (AGES 3-19) OPPORTUNITIES TO EXCEL, LEARN AND HEAL THROUGH EXPERIENCE WITH THE ARTS. OVER THE LAST 34 YEARS, 4.7 MILLION PATRONS HAVE ENJOYED MORE THAN 18,000 PERFORMANCES AT THE HERBERGER THEATER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Mettes CEO Presiden | OfficerTrustee | 40 | $153,614 |
Laurene Austin Director Of | OfficerTrustee | 40 | $85,560 |
Alan Augenstein Treasurer | OfficerTrustee | 1 | $0 |
Lisa Berman Member | Trustee | 1 | $0 |
Gerald Bohulano Member | Trustee | 1 | $0 |
Jason Braunstein Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,075 |
| Related organizations | $0 |
| Government grants | $123,853 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,225,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,382,185 |
| Total Program Service Revenue | $1,422,007 |
| Investment income | $139,501 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $113,290 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,229 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,069,523 |
| 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. | $240,506 |
| Compensation of current officers, directors, key employees. | $20,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,021,404 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $106,924 |
| Payroll taxes | $100,039 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $129,874 |
| Advertising and promotion | $60,119 |
| Office expenses | $8,078 |
| Information technology | $9,710 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,281 |
| 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 | $68,635 |
| Insurance | $4,188 |
| All other expenses | $53,838 |
| Total functional expenses | $2,234,503 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,723 |
| Savings and temporary cash investments | $5,783,277 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,918 |
| 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 | $56,999 |
| Net Land, buildings, and equipment | $235,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $507,593 |
| Total assets | $6,699,275 |
| Accounts payable and accrued expenses | $90,076 |
| Grants payable | $0 |
| Deferred revenue | $88,731 |
| 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 | $27,028 |
| Total liabilities | $205,835 |
| Net assets without donor restrictions | $6,427,438 |
| Net assets with donor restrictions | $66,002 |
| 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 | $6,699,275 |