ADRIENNE ARSHT CENTER TRUST INC Charity Report

Public IRS 990 nonprofit record

ADRIENNE ARSHT CENTER TRUST INC

EIN 65-0353695 · Arts, Culture & Humanities (A111)

What they do

THE ADRIENNE ARSHT CENTER is A LEADER IN PRESENTING INNOVATIVE PROGRAMMING THAT MIRRORS SOUTH FLORIDAS DIVERSITY, AS WELL AS A CATALYST for BILLIONS of DOLLARS IN NEW DEVELOPMENT IN THE DOWNTOWN AREA. THE CENTER PRESENTS NEARLY 400 EVENTS EACH YEAR ACROSS ITS FLEXIBLE, STATE-OF-THE-ART PERFORMANCE SPACES. THE CENTER PROGRAMS SEVERAL SIGNATURE SERIES, INCLUDING THE LARGEST JAZZ SERIES IN SOUTH FLORIDA, A MAJOR ANNUAL FLAMENCO FESTIVAL, and A ROBUST PROGRAM of NEW THEATRICAL WORKS, AS WELL AS FREE PROGRAMMING for THE COMMUNITY and AN ARTS EDUCATION PROGRAM THAT SERVES OVER 80,000 CHILDREN EACH YEAR. AS MIAMIS NEW TOWN SQUARE, THE ARSHT CENTER ALSO HOUSES TEATRO, A FINE DINING RESTAURANT, and ACCENT CAFE IN THE HISTORICAL CARNIVAL TOWER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders53 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.27%of revenue went to mission work78.5% of expenses · Program services

3.40%of revenue went to fundraising3.4% of expenses

$106.46spent for every $100 of revenueSpending was higher than revenue this year.

17.99%of revenue went to management and office costs18.1% of expenses

$1.12in assets for every $1 spent this yearSome assets cannot be spent right away.

45.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,087,944 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $426,035 for JOHANN ZIETSMAN (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$51,072,954

Mission workProgram services$39,972,81078.27% of revenue78.5% of expenses

ManagementOffice and general costs$9,190,04717.99% of revenue18.1% of expenses

FundraisingAsking for donations$1,734,5183.40% of revenue3.4% of expenses

Revenue left after expensesReported annual surplus$175,5790.34% of revenueShown in gray on the chart

Total expenses$50,897,37599.66% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 78.5% mission · 18.1% management · 3.4% fundraisingTotal expenses: 99.66% of revenue

2022Expense mix: 78.9% mission · 18.2% management · 3.0% fundraisingTotal expenses: 92.05% of revenue

2021Expense mix: 75.3% mission · 21.2% management · 3.5% fundraisingTotal expenses: 110.45% of revenue

2020Expense mix: 71.4% mission · 23.7% management · 4.9% fundraisingTotal expenses: 60.42% of revenue

2019Expense mix: 81.0% mission · 15.5% management · 3.5% fundraisingTotal expenses: 90.39% of revenue

2018Expense mix: 80.6% mission · 14.0% management · 5.5% fundraisingTotal expenses: 101.20% of revenue

2016Expense mix: 81.2% mission · 13.9% management · 4.9% fundraisingTotal expenses: 102.40% of revenue

2015Expense mix: 82.9% mission · 12.7% management · 4.5% fundraisingTotal expenses: 102.55% of revenue

Money in and money out

Revenue$47,809,431

Expenses$50,897,375

Annual shortfall $3,087,944 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$39,972,810 · 78.5% of expenses

Management and office costs$9,190,047 · 18.1% of expenses

Fundraising$1,734,518 · 3.4% of expenses

See all reported dollar amounts

Revenue$47,809,431

Expenses$50,897,375

Assets$57,197,116

Income$54,253,462

Contributions$21,873,811

Mission work (program services)$39,972,810

Fundraising$1,734,518

Management and general$9,190,047

Executive compensation (total)$627,764

Stocks and bonds$26,699,582

Accounting fees$93,350

Investing fees$108,534

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHANN ZIETSMANPRESIDENT AND CEO · 35 hrs/week $426,035Base $396,578 · Other $29,457

ELIZABETH WALLACEVICE PRESIDENT, PROGRAMMING · 40 hrs/week $264,605Base $245,685 · Other $18,920

MICHAEL HURTVICE PRESIDENT, OPERATIONS · 40 hrs/week $263,510Base $244,788 · Other $18,722

DALE EDWARDSVICE PRESIDENT, MARKETING · 40 hrs/week $251,960Base $233,277 · Other $18,683

THOMAS BERGERVICE PRESIDENT, FINANCE & CFO · 40 hrs/week $231,534Base $211,831 · Other $19,703

PATRICIA BRENNANVICE PRESIDENT, HUMAN RESOURCES · 40 hrs/week $230,699Base $205,677 · Other $25,022

VALERIE RILES - VPBOARD AND GOVERNMENT RELATIONS · 40 hrs/week $223,832Base $203,630 · Other $20,202

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (53)

JOHANN ZIETSMANPRESIDENT AND CEO

ELIZABETH WALLACEVICE PRESIDENT, PROGRAMMING

MICHAEL HURTVICE PRESIDENT, OPERATIONS

DALE EDWARDSVICE PRESIDENT, MARKETING

THOMAS BERGERVICE PRESIDENT, FINANCE & CFO

PATRICIA BRENNANVICE PRESIDENT, HUMAN RESOURCES

VALERIE RILES - VPBOARD AND GOVERNMENT RELATIONS

MEME FERREDIRECTOR

MARIO ERNESTO SANCHEZDIRECTOR

LYNN WIENERDIRECTOR

MIKE EIDSONDIRECTOR

MILES WILKINDIRECTOR

NORMA JEAN ABRAHAMDIRECTOR

LUCILLE ZANGHIASSISTANT TREASURER

OSCAR PUIG-CORVEDIRECTOR

PAOLA PIERREDIRECTOR

PIERRE R APOLLONTREASURER UNTIL 1/2024, SECRETARY

PER-OLOF LOOFDIRECTOR UNTIL 1/2024

LAURIE FLINKDIRECTOR

RICHARD C MILSTEINCHAIRMAN

RICK RODRIGUEZ PINADIRECTOR

RODNEY ADKINSDIRECTOR

SEAN GAZITUADIRECTOR

TANIA DOMINGUEZDIRECTOR

TINA VIDAL-DUARTDIRECTOR AS OF 2/2024

Y DAVID SCHARFDIRECTOR

YOSBEL IBARRADIRECTOR

ZABA ST GEORGE CASTRODIRECTOR

HILLIT MEIDAR-ALFICHAIR-ELECT

AKIVA GROSSDIRECTOR UNTIL 2/2024

ALAN FEINDIRECTOR

ARMANDO A OLMEDODIRECTOR

BRIAN GOLDMEIERDIRECTOR

CAROLE ANN TAYLORDIRECTOR

DOROTHY BENDROSS-MINDINGALLDIRECTOR

DOTIE JOSEPHDIRECTOR

EVELYN GREERDIRECTOR

FATIMA PEREZDIRECTOR

FLORENE LITTHCUT NICHOLSDIRECTOR UNTIL 1/2024

GARTH REEVES IIIDIRECTOR

GERALD GRANT JRSECRETARY UNTIL 1/2024, TREASURER

LISSETTE CALDERONDIRECTOR AS OF 5/2024

J RICKY ARRIOLADIRECTOR

JEFF DAVISDIRECTOR AS OF 10/2023

JESSICA GARRETT MODKINSDIRECTOR

JORGE A PLASENCIAASSISTANT SECRETARY

JUMAANE NNNAMDIDIRECTOR

KAREN FRYDDIRECTOR

KEON HARDEMONDIRECTOR

LARRY QUINLANDIRECTOR

LAUREN PARDODIRECTOR

AILEEN UGALDEIMMEDIATE PAST CHAIR

LILIAM LOPEZDIRECTOR

About this charity

Recognized since: January 1995
Location: 1300 BISCAYNE BLVD, MIAMI, FL 33132-1608
County: Miami-Dade
In care of: % JOHANN ZIETSMAN
Primary officer: AARON FEINBERG, VICE PRESIDENT, FINANCE & CFO

How to reach them

WebsiteVisit the charity’s website Emailaccessibility@arshtcenter.org Phone(786) 468-2000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Arts, Culture & Humanities (A111)
IRS tax category: Other Grantmaking and Giving Services