2022-11-30T09:56:46-00:00 2022-06-30 990 2021-07-01 592844281 Maxwell C King Center for the Performing Arts Inc MAXW 3214337030 1519 Clearlake Road Cocoa FL 32922 Cindy Anderson AVP Financial Services 3214337030 2022-11-15 false Cindy Anderson 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Cindy Anderson 1519 Clearlake Road Cocoa FL 32922 8368626 false X kingcenter.com X 1987 FL The King Center provided cultural enrichment for Brevard County residents by sponsoring theatrical performances as well as making the facility available to local performing art groups. 21 21 0 120 0 74291 3076004 868344 4988180 130177 225619 19416 78823 1092228 8368626 0 0 888392 1505396 0 0 1054088 3971319 1942480 5476715 -850252 2891911 7468968 10137230 1221128 1838782 6247840 8298448 To improve the quality of life for all residents of Brevard County through cultural, educational, recreational and community arts programs by providing access to high quality challenging and diverse touring and local performing arts events. false false 200000 200000 During fiscal year 2021-2022, the Center underwent a rebranding campaign. The buildings outside sign got repaired, there was a detailed market analysis done to identify which shows were of interest to patrons, the King Centers website got redesigned, and direct mailers were mailed out to help bring in new patrons and bring old patrons back. 167778 219703 During fiscal year 2021-2022, the Center purchased mobile concession carts to better serve patrons during shows. The Center also purchased a new POS system along with new computers and monitors. The outdoor electronic message board was also repaired. 4957333 2842482 4809658 The King Center 2021-2022 season offered 87 main stage events. This was 62 more shows from the previous year. This was due to the release on restricutions from the COVID-19 pandemic which allowed the Center to book and offer more shows than in the prior year. 5325111 true true false false false false false false false true false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 21 21 false true false false false false false true true false false true true true true false false false false false FL X Eastern Florida State College 3214337030 1519 Clearlake Road Cocoa FL 32922 X Anthony J Catanese Chair 005.00 X X 0 0 0 Tom Molnar Vice-Chair 005.00 X X 0 0 0 Steven Wm Bierbrunner Treasurer/Secretary 005.00 X X 0 0 0 James H Richey JD President of Eastern Florida State College 005.00 035.00 X X 0 0 0 Rick Balda Member 003.00 X 0 0 0 Carol Craig Member 003.00 X 0 0 0 Darcia Jones Francey Member 003.00 X 0 0 0 Michael Grieves Member 003.00 X 0 0 0 Henry Lonski Member 003.00 X 0 0 0 Rita Moreno Member 003.00 X 0 0 0 William C Potter Member 003.00 X 0 0 0 Gregory Watson Member 003.00 X 0 0 0 Michael J Coleman Member 003.00 X 0 0 0 Howie Dorough Member 003.00 X 0 0 0 Michael Gaich Member 003.00 X 0 0 0 Christine Lance Member 003.00 X 0 0 0 Ted Peters Member 003.00 X 0 0 0 Winston Scott Member 003.00 X 0 0 0 Scott D Widerman Member 003.00 X 0 0 0 Brian Curtin Member 003.00 X 0 0 0 Ronald Howse District Board of Trustees Appointment 005.00 X X 0 0 0 false false false 3017482 58522 3076004 Ticket Sales 711190 3129212 3129212 Show Settlements Sales 711190 998446 998446 Sponsors 711190 267083 267083 Concessions 711190 417596 417596 Facility Rental 711190 175843 175843 4988180 225619 225619 78823 78823 78823 8368626 5292622 X 0 0 0 0 0 0 1238622 1238622 28559 28559 138966 138966 99249 99249 0 1330 1330 27000 27000 0 46780 46780 976041 892041 84000 201155 201155 160483 160483 25102 25102 0 0 10157 10157 0 0 0 0 0 39274 39274 Event Related Expenses 2262543 2262543 Capital Outlay 167778 167778 Repair Maintenance 22110 22110 Membership Dues 6302 6302 25264 25264 5476715 5325111 151604 0 2953 3031219 1290154 1673523 22677 6250 22333 88136 20198 20465 39066 37389 6071587 5280248 7468968 10137230 268517 598319 952611 1240463 1221128 1838782 X 5047840 7098448 1200000 1200000 6247840 8298448 7468968 10137230 2891911 -841303 X false true X true true true X 214153 76919 800084 74291 57835 1223282 214153 76919 800084 74291 57835 1223282 1223282 197903 244240 209593 130177 225619 1007532 32071 18804 9560 19416 78823 158674 2389488 0.51190 0.54720 X Part II Section B Line 10 Mail processing and upgrade fees RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 5380814 -631599 900 46779 4701536 4934375 1257390 773369 37582 5380814 7424225 355310 280941 3099047 27054 4934375 7512522 478755 539950 27102 7424225 6819142 76291 644419 27330 7512522 0.74480 0.25520 false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 8075584 -841303 548261 -293042 8368626 8368626 6024976 548261 548261 5476715 5476715 V 4 The King Center endowment is designated to subsidize operating losses of the Center and assist with capital needs of the facility. X 2 The Center is exempt from federal and state income tax under section 501c3 of the Internal Revenue Code. Therefore, only income from business unrelated to the Centers charitable purpose is subject to federal or state income tax. Effective July1, 2009, the Center implemented the accounting guidance for uncertainty in income taxes using the provisions of Financial Accounting Standard Boards FASB ASC 740 Income Taxes. Using that guidance, tax position initially needs to be recognized in the financial statements when it is more-likely-than-not the position will be sustained upon examination by tax authorities. As of June 30, 2022, the Center had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Additionally, the Center had no interest and penalties related to income taxes. With few exceptions, the Center is no longer subject to U.S. federal, state and local income tax examinations by tax authorities before 2014. Form 990, Part VI, Section B, Line 12c Board members are asked to sign and comply with the King Center conflict of interest policy statement at the beginning of each year. Form 990, Part VI, Section C, Line 19 Financial statements, governing documents and policy statements are made available to the public via the King Center administrative office. Form 990, Part VI, Section B, Line 11b Audited financial statements and IRS 990 tax returns are presented as an agenda item to the King Center Board of Directors for review and acceptance at a designated board meeting. Further, section 1004.70 of Florida Statutes requires final review and approval by Eastern Florida State College District Board of Trustees. Form 990, Part VI, Section A, Line 3 The Centers operations are managed by ASM Global Melbourne, LLC ASM Global, a venue and event management company. ASM Global provides professional management and consulting services, including operations and marketing services, for the Centers facility. Form 990, Part IX, Line 11g Service fees included in this category are service contracts/agreements, artist fees for performers, union labor costs for stage technicians, fees associated with ticket processing and other professional services provided by artist management in support of events and the facility.