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Florida · Nonprofit

SARASOTA PERFORMING ARTS CENTER FOUNDATION INC

SARASOTA PERFORMING ARTS CENTER FOUNDATION INC (Florida) receives grants from 111 organizations whose IRS filings report $9,644,444 to it, the largest being GULF COAST COMMUNITY FOUNDATION INC ($1,572,379). 77 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.8M
Funders on record
111
Grants received
$9.6M
Net assets
$16M
77/111 repeat funderspeak grant-dependency 35%
01What it does

What Sarasota Performing Arts Center Foundation Inc does

Mission

To create and sustain a vibrant performing arts center, advance education, and enrich communities by inspiring minds through the power of the arts.

As stated on its FY2025 Form 990.

Programs

  1. The foundation uses arts strategies and practices a to support academic success, community engagement, and mental and physical well being in the community through its mission & impact department. This is accomplished through artist in residency programs, multigenerational family programs, and arts and wellness activitites. Over 1,000 family members are served through multigenerational arts programming.

    $806,918 spent
    16% of program spending
  2. Additionally, the foundation provides grants to the van wezel performing arts hall to support its education programs and to local teachers through professional development. This includes funding for tickets and busing for 25,000 students to attend schooltime performances annually; funding for teachers to supplement the students' experience in the classroom using arts integrative learning techniques; funding for master classes for teachers; and funding for youth, families, seniors, military families and individuals to see, experience and participate in live shows and events.

    $525,885 spentof which $525,885 as grants
    11% of program spending
  3. On september 6, 2018, the sarasota city commission approved the bayfront master plan with a new performing arts center at the heart of the bay park that will become the nexus of performing arts in our region for generations to come. The foundation and the city of sarasota have had a thriving cultural partnership for over three decades. On april 4, 2022, the foundation's partnership role expanded with the sarasota city commission approving the execution of a partnership agreement for the planning, financing, design, and construction of the new sarasota performing arts center. Together, both parties have laid the necessary groundwork-surveys, feasibility studies, engineering studies, and cost estimates. The new performing arts center will be more than a building. As a financially robust, year-round civic asset, sarasota performing arts center will enhance sarasota's reputation as a regional, national, and international cultural destination. The building program is committed to accessibility and universal design that can be used by everyone and will include a 2,200 -seat main stage including center aisle(s), 300-seat flexible multipurpose space, education and lifelong learning spaces…

    $3,607,680 spent
    73% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,940,483.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($1.7M) Net assets 100 ($15M)2018 Revenue 23 ($2.8M) Expenses 122 ($2.0M) Net assets 106 ($16M)2021 Revenue 27 ($3.2M) Expenses 156 ($2.6M) Net assets 116 ($17M)2022 Revenue 37 ($4.4M) Expenses 229 ($3.8M) Net assets 111 ($17M)2023 Revenue 37 ($4.4M) Expenses 338 ($5.6M) Net assets 106 ($16M)2024 Revenue 63 ($7.6M) Expenses 297 ($4.9M) Net assets 128 ($19M)2025 Revenue 23 ($2.8M) Expenses 384 ($6.4M) Net assets 109 ($16M)
2017201820212022202320242025
Revenue (23)Expenses (384)Net assets (109)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $17M to $20M (+20%).

$15M
$16M
$18M
$17M
$17M
$20M
$17M
2017201820212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14% · 2022 10% · 2023 24% · 2024 1% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$10M
’17
$751k
’18
$628k
’21
$637k
’22
−$1.2M
’23
$2.7M
’24
−$3.6M
’25
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

James Travers

Chair

As listed on its FY2025 Form 990.

2017201820212022202320242025
Listed23222524262619
Joined·+1·+3+3+2+3
No longer listed·2·41210
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 34 funders to 50 funders, grant income rose $614k → $1.5M.

24 of 111 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC’s funders (the co-funder graph). Top 30 of 111 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SARASOTA PERFORMING ARTS CENTER FOUNDATION INC has a broad base — no single funder exceeds 16% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SARASOTA PERFORMING ARTS CENTER FOUNDATION INC.

16%
largest funder
39%
top three
~14
effective funders

Largest funder’s share by year: 2017 20% · 2018 18% · 2019 21% · 2020 21% · 2021 17% · 2022 28% · 2023 22% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

49% of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.6M that is directly attributable, 54% of it comes from funders outside Florida, across 19 states.

IL
WI
NY
MA
IN
OH
PA
NJ
CT
NE
MO
VA
MD
DE
AZ
NC
AL
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $6.0M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like SARASOTA PERFORMING ARTS CENTER FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 13%Fundraising 10%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for SARASOTA PERFORMING ARTS CENTER FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SARASOTA PERFORMING ARTS CENTER FOUNDATION INC?
SARASOTA PERFORMING ARTS CENTER FOUNDATION INC (Florida) receives grants from 111 organizations whose IRS filings report $9,644,444 to it, the largest being GULF COAST COMMUNITY FOUNDATION INC ($1,572,379). 77 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SARASOTA PERFORMING ARTS CENTER FOUNDATION INC have?
IRS filings report 111 organizations giving $9,644,444 in grants to SARASOTA PERFORMING ARTS CENTER FOUNDATION INC, 77 of which have funded it in more than one year.
Who is the largest funder of SARASOTA PERFORMING ARTS CENTER FOUNDATION INC?
GULF COAST COMMUNITY FOUNDATION INC is the largest funder on record, with $1,572,379 in grants. The full list of funders is on this page.
How can an organization like SARASOTA PERFORMING ARTS CENTER FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 111 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing