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Raymond F Kravis Center for the Performing Arts
Raymond F Kravis Center for the Performing Arts reported $54.6 million in revenue and $46.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.55 went to program services, $15.66 to management and general costs and $3.79 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 56.0% of the total. The highest compensation it reported for one person was $582,273 (CEO). 18 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $47MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $55M- Contributions & grants (non-government)$20.30 $11M
- Program service revenue$55.70 $31M
- Investment income$24.00 $13M
Other revenue was negative: −$334K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.6% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.7% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.8% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 20.4% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 56.0% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $582,273 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.24% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 18 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 38.8 | 36.6 |
| Independent voting board members Part VI 1a–1b | 23 of 23 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMain/broadway and classical performance series - provide the community with theatrical, dance, and musical representations to broaden the community's exposure to the performance arts. 138 performances
Community outreach/ educational - provide exposure to performing arts to school children and other segments of the community at affordable prices. 61 events and programs. Inclusive of a summer immersive multi week program series
Adults at leisure series - series of diverse matinee programs aimed at making the arts available to the community's senior citizens at affordable prices. 12 performances
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $554,523 | $0 | $27,750 | $582,273 |
| CFO Officer, 40.00 hrs/week | $371,507 | $0 | $27,750 | $399,257 |
| VP OF MARKETING/PROGRAMING Key employee, 40.00 hrs/week | $275,955 | $0 | $26,298 | $302,253 |
| VP OF OPERATION Key employee, 40.00 hrs/week | $266,614 | $0 | $7,596 | $274,210 |
| VP OF DEVELOP Key employee, 40.00 hrs/week | $220,419 | $0 | $1,700 | $222,119 |
| SENIOR DIRECTOR OF IT Highest compensated employee, 40.00 hrs/week | $181,684 | $0 | $21,584 | $203,268 |
| DIRECTOR OF EDUCATION Highest compensated employee, 40.00 hrs/week | $142,998 | $0 | $19,650 | $162,648 |
| SENIOR IT ANALYST Highest compensated employee, 40.00 hrs/week | $138,986 | $0 | $19,000 | $157,986 |
18 people received more than $100,000 in reportable compensation from Raymond F Kravis Center for the Performing Arts (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 23 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5268
- Volunteers Part I, line 6400
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| THEATRICAL PAYROLL SERVICE FLORIDA INC Stage labor | $1,544,646 |
| GELB PRODUCTIONS LLC Arist production | $1,424,705 |
| MRB TOUR LLC Artist performance | $1,123,069 |
| LMS22 TOURING LLC Artist performance | $1,030,628 |
| BOM TOURING LLC Artist performance | $882,023 |
Individuals listed as contractors are left out. 37 contractors were paid more than $100,000 in all.
Private foundation grants it received
130 private foundations reported grants to Raymond F Kravis Center for the Performing Arts totaling $4.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Raymond F Kravis Center for the Performing Arts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Raymond F Kravis Center for the Performing Arts, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Raymond F Kravis Center for the Performing Arts spent in FY2025, $80.55 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Tennessee Performing Arts Center (Tpac) Management CorporationNashville, TN · revenue $54M · programs 76.5% · FY2025
- Saint Louis Symphony OrchestraSt Louis, MO · revenue $55M · programs 79.6% · FY2025
- Mann Center for the Performing ArtsPhiladelphia, PA · revenue $54M · programs 88.7% · FY2025
- The Nelson Gallery FoundationKansas City, MO · revenue $56M · programs 70.5% · FY2025
- PBS FoundationArlington, VA · revenue $54M · programs 89.3% · FY2025
All arts, culture & humanities charities · Largest charities in Florida
Questions people ask
How much of Raymond F Kravis Center for the Performing Arts's spending goes to programs?
In the fiscal year ending June 30, 2025, Raymond F Kravis Center for the Performing Arts reported that 80.6% of its $46.9 million in expenses went to program services, 15.7% to management and general and 3.8% to fundraising (Form 990, Part IX).
How much does Raymond F Kravis Center for the Performing Arts pay its top executive?
The largest total compensation Raymond F Kravis Center for the Performing Arts reported for one person in the fiscal year ending June 30, 2025 was $582,273, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Raymond F Kravis Center for the Performing Arts get its money?
Of $54.6 million in revenue in the fiscal year ending June 30, 2025, 20.4% came from contributions and grants and 56.0% from program service revenue (Form 990, Part VIII).
Is Raymond F Kravis Center for the Performing Arts a registered charity?
The IRS lists EIN 59-2245054 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611109349301011 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521289349302392 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441279349302889 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341309349304039 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349304240 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349301540 · read the filing
All filings for EIN 59-2245054: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.