2024-11-15T10:40:55-06:00 2023-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2023-01-01 832727388 THE CENTER FOR ARTS & INNOVATION INC CENT 5618592117 433 PLAZA REAL 271 BOCA RATON FL 33432 ANDREA VIRGIN CEO & BOARD CHAIR 5618592117 2024-11-15 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-11-12 2023 2024-10-15 13:58:12Z X ANDREA VIRGIN 433 PLAZA REAL 271 BOCA RATON FL 33432 6602246 0 X THECENTERFORARTSANDINNOVATION.ORG X 2018 FL TO BUILD AND OPERATE AN INNOVATIVE, VITAL, AND FLEXIBLE CULTURAL CAMPUS THAT TRANSCENDS FUNCTION TO ENABLE CREATIVITY WITH NO BOUNDARIES. 13 12 3 17 0 0 6043054 6140575 0 0 1372 459628 1341 2043 6045767 6602246 0 0 0 0 0 406798 0 0 274077 1040395 838627 1040395 1245425 5005372 5356821 6419239 16091270 15695 4509578 6403544 11581692 X TO BUILD AND OPERATE AN INNOVATIVE, VITAL, AND FLEXIBLE CULTURAL CAMPUS THAT TRANSCENDS FUNCTION TO ENABLE CREATIVITY WITH NO BOUNDARIES. 0 0 304759 2043 TO BUILD AND OPERATE AN INNOVATIVE, VITAL, AND FLEXIBLE CULTURAL CAMPUS THAT TRANSCENDS FUNCTION TO ENABLE CREATIVITY WITH NO BOUNDARIES. 304759 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 FL X JOHN J SHUMAKER - CFO 5613959876 433 PLAZA REAL SUITE 271 BOCA RATON FL 33432 ANDREA VIRGIN CEO & BOARD CHAIR 50.00 X X 225000 0 0 PATRICIA KILGALLON TREASURER 15.00 X X 0 0 0 MATTHEW CIMAGLIA DIRECTOR 5.00 X 0 0 0 ELIZABETH DUDLEY DIRECTOR 5.00 X 0 0 0 STEVEN GIACONA TREASURER 15.00 X X 0 0 0 DAN GUIN DIRECTOR 5.00 X 0 0 0 ROBERT FRIEZO DIRECTOR 5.00 X 0 0 0 PEG ANDERSON DIRECTOR 15.00 X 0 0 0 ROGER STEIN DIRECTOR 5.00 X 0 0 0 ERICA KASEL DIRECTOR 5.00 X 0 0 0 MIKE KAUFMAN DIRECTOR 5.00 X 0 0 0 CAMILO MIGUEL DIRECTOR 5.00 X 0 0 0 IAN WEINER DIRECTOR 5.00 X 0 0 0 225000 0 0 1 0 1 0 DUANE MORRIS LLP 5100 TOWN CENTER CIRCLE SUITE 400 BOCA RATON FL 334861008 LEGAL SERVICES 172964 OGK CREATIVE 3785 N FEDERAL HIGHWY SUITE 3 BOCA RATON FL 33431 MARKETING SERVICES 155227 ARTS MANAGER LLC 1300 PENNSYLVANIA AVE NW STE 410 WASHINGTON DC 20004 CONSULTING 126566 THE PROJECTS GROUP 301 COMMERCE STREET SUITE 1301 FORT WORTH TX 76102 PROJECT MANAGEMENT SERVICES 107386 4 731000 5409575 2675 6140575 241990 241990 217638 0 217638 217638 217638 2043 2043 2043 6602246 2043 0 459628 225000 52683 172317 156000 36527 119473 543 127 416 25255 5913 19342 247359 247359 50963 50963 81542 60066 21476 268452 268452 19666 3966 10990 4710 30361 10415 19946 35822 35822 5731 5731 5825 1733 3242 850 EVENTS AND DONOR ENGAGE 85864 85864 DUES & SUBSCRIPTIONS 6594 5777 817 LICENSES 448 135 248 65 1245425 304759 666589 274077 164685 13573 3293505 3089884 1297 0 690 27761 772987 0 33267 772987 2920462 12187065 5333 0 6419239 16091270 15695 509578 4000000 15695 4509578 X 6403544 11581692 6403544 11581692 6419239 16091270 5356821 -178673 0 X X 0 0 0 X 320000 393000 1858788 6043054 6140575 14755417 320000 393000 1858788 6043054 6140575 14755417 9593477 5161940 1372 241990 243362 174 985 1341 2043 4543 15003322 0.34410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 174. 2021 AMOUNT: $ 985. 2022 AMOUNT: $ 1,341. 2023 AMOUNT: $ 2,043. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 147013 147013 625974 625974 772987 X 0 OGK CREATIVE 3785 N FEDERAL HIGHWY SUITE 3 BOCA RATON FL 33431 PRINT & DIGITAL CONTENT 0 0 155227 -155227 155227 -155227 FL X X X 0 0 0 0 0 0 0 0 0 ANDREA VIRGIN CEO & BOARD CHAIR 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 FORM 990, PART III, LINE 1 TO BUILD AND OPERATE AN INNOVATIVE, VITAL, AND FLEXIBLE CULTURAL CAMPUS THAT TRANSCENDS FUNCTION TO ENABLE CREATIVITY WITH NO BOUNDARIES. SINCE INCEPTION, THE CENTER FOR ARTS AND INNOVATION HAS RAISED NEARLY FIFTEEN MILLION IN CASH AND IN-KIND SERVICES; EXPANDED ITS BOARD OF DIRECTORS; GROWN A CROSS-SECTOR ADVISORY COUNCIL; CONTINUED TO FORGE IMPORTANT PARTNERSHIPS WITH BUSINESS, CIVIC ARTS LEADERS AND ORGANIZATIONS; AND CONTRIBUTED COUNTLESS HOURS OF SWEAT EQUITY IN THE PURSUIT OF ITS MISSION. NUMEROUS STUDIES HAVE BEEN CONDUCTED, CONCEPTUAL PLANS HAVE BEEN PREPARED, AND A ROBUST BUSINESS PLAN AND COMPREHENSIVE PROPOSAL WERE AMASSED AND PRESENTED TO THE CITY OF BOCA RATON IN PURSUIT OF A LONG-TERM GROUND LEASE. EACH OF THESE EFFORTS HAS BEEN UNDERTAKEN IN PURSUIT OF A VISION DESIGNED TO MEET THE NEEDS OF OUR COMMUNITY AND FUTURE AUDIENCES, STUDENTS, AND BUSINESSES IN AN INNOVATIVE AND FUTURE-FORWARD MANNER. ALL OF THIS WORK CULMINATED AT THE END OF 2022 IN THE ISSUANCE OF A 94-YR (74-YR BASE AND TWO (2) TEN (10) YEAR EXTENSION OPTIONS AT THE CENTER'S OPTION FOR $1/YR, ENABLING THIS PROJECT TO MOVE INTO THE NEXT PHASE OF DESIGN, DEVELOPMENT AND CAPITAL FUNDRAISING. FORM 990, PART VI, SECTION B, LINE 11B RETURN IS REVIEWED BY THE ORGANIZATION'S CEO AND BOARD CHAIR PRIOR TO DISTRIBUTION TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE CONDUCTED. THE BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT AND REVIEW DUTIES TO DISCLOSE ANY PROHIBITED TRANSACTIONS. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST AS SOON AS THEY ARISE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2A THIS FORM 990 HAS BEEN PREPARED USING THE BEST ESTIMATES AVAILABLE AT THE TIME. NO AUDITED FINANCIAL STATEMENTS AVAILABLE. THE CENTER IS PLANNING THEIR FIRST AUDITED FINANCIAL STATEMENTS FOR FISCAL YEAR 2024. IF ANY 2023 MATERIAL DIFFERENCES ARE NOTED APPRPROPRIATE ACTION WILL BE TAKEN.