2021-12-15T04:51:41-00:00 2021-06-30 990 2020-07-01 592844281 Maxwell C King Center for the Performing Arts Inc MAXW 3214337030 1519 Clearlake Road Cocoa FL 32922 Mark C Cherry VP OperationsCFO 3214337030 2021-11-29 false Mark C Cherry XXX-XX-XXXX AAL1 IAL1 2020 2022-09-23 18:48:47Z Mark C Cherry 1519 Clearlake Road Cocoa FL 32922 1092228 false true 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. 23 23 0 140 0 800084 74291 4230456 868344 209593 130177 9560 19416 5249693 1092228 0 0 1363931 888392 0 0 6680235 1054088 8044166 1942480 -2794473 -850252 6653096 7468968 692886 1221128 5960210 6247840 X 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 true 216472 5491 39124 During fiscal year 2020-2021, the Center finished their renovation of the main entrance, lobby and Crown Club areas. Additionally, the Center also upgraded the wireless microphone system to improve sound quality needed to meet the growing demands of the industry and to improve the show experience for the patron 20000 20000 The Theatre for Youth was awarded the Rakonto Grant featuring the voices of the County Heroes. It was created in partnership with the Brevard Achievement Center and the Center. It was a project to tell the powerful, personal stories of Brevard County residents giving back to their community regardless of their personal challenges and different abilites. 1575824 39860 718015 The King Center 2020-2021 season offered 25 main stage events. Unfortunately, due to the COVID-19 pandemic, shows were still being either postponed or cancelled making this another smaller season for the Center. 1812296 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 false false X 23 23 false true false false false false false true true false false true true true true false false false false false 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 Pam Gatto Treasurer 005.00 X X 0 0 0 Kim Vice 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 Charles Clemente 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 Steven Wm Bierbrunner 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 G Melvin Mills 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 false false false 74291 74291 Ticket Sales 711190 273535 273535 Show Settlements Sales 711190 263522 263519 Sponsors 711190 250000 250000 Concessions 711190 27477 27477 Facility Rental 711190 53810 53810 868344 130177 130177 19416 19416 19416 1092228 1017934 X 0 0 0 0 0 0 694283 694283 15906 15906 134058 134058 44145 44145 0 7805 7805 13000 13000 0 37582 37582 409690 325690 84000 44186 44186 68809 68809 2789 2789 0 0 2647 2647 0 0 0 0 0 25379 25379 Event Related Expenses 146939 146939 Capital Outlay 216472 216472 Repair Maintenance 64267 64267 Membership Dues 512 512 14011 14011 1942480 1812296 130184 0 733 2953 1162613 1290154 342490 22677 3747 22333 21782 20198 65928 39066 5055803 6071587 6653096 7468968 196407 268517 496479 952611 692886 1221128 X 4760210 5047840 1200000 1200000 5960210 6247840 6653096 7468968 -850252 1137882 X false true X true X 154276 214153 76919 800084 74291 1319723 154276 214153 76919 800084 74291 1319723 1319723 181555 197903 244240 209593 130177 963468 48857 32071 18804 9560 19416 128708 2411899 0.54720 X Part II Section B Line 10 Reimbursment of closed escrow account, mailing and processing fees. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 4934375 1257390 773369 37582 5380814 7424225 355310 280941 3099047 27054 4934375 7512522 478755 539950 27102 7424225 6819142 76291 644419 27330 7512522 6186591 62359 594110 23918 6819142 0.78000 0.22000 false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes X 2252331 1137882 22221 1160103 1092228 1092228 1964701 22221 22221 1942480 1942480 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 July 1, 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-than-not the position will be sustained upon examination by tax authorities. As of June 30, 2021, 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 realted 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 IX, Line 11g Service fees included in this category are artist fees for performers, union labor costs for stage technicians, architectural fees for capital projects, fees associated with ticket processing and other professional services provided by artist management in support of events and the facility. 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 III, Line 3 Then 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.