Raymond F Kravis Center for the Performing Arts Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE RAYMOND F. KRAVIS CENTER FOR THE PERFORMING ARTS, LOCATED IN WEST PALM BEACH, FLORIDA, IS A NOT-FOR-PROFIT PERFORMING ARTS CENTER. ITS MISSION IS TO ENHANCE THE QUALITY OF LIFE IN PALM BEACH COUNTY BY PRESENTING A DIVERSE SCHEDULE OF NATIONAL AND INTERNATIONAL PERFORMING ARTISTS AND COMPANIES OF THE HIGHEST QUALITY. THE KRAVIS CENTER ALSO FOSTERS ARTS EDUCATION BY OFFERING COMPREHENSIVE EDUCATION AND COMMUNITY OUTREACH PROGRAMS. AS A COMMUNITY LEADER AND MAJOR ECONOMIC CATALYST, THE CENTER SEEKS TO SHOWCASE REGIONAL PERFORMING ARTS ORGANIZATIONS AND TO SUPPORT EFFORTS TO INCREASE TRAVEL AND TOURISM TO PALM BEACH COUNTY.
- Income
- $54.6 million
- Spending
- $46.9 million
- Spent on programs
- 81%
- Reserves
- 7.5 months of spending
- Largest source of income
- fees for its services, 56%
- Employees
- 268
- Volunteers
- 400
- Highest pay
- $582,273, ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100. Higher than 70% of charities in its peer group (arts and culture, $10m to $100m).
Reserves
28 of 35Spendable reserves would cover 7.5 months of spending.
Debt
16 of 20It owes 29% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
15 of 15Income rose 20% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 16 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).
Independent board
25 of 2523 of 23 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (6)
- $29.6 million spent. MAIN/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.
- $4.9 million spent. 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.
- $490,253 spent. 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.
- $1.2 million spent. RINKER PLAYHOUSE AND PERSSON HALL PERFORMANCES - DIVERSE PROGRAMMING INCLUDING COMEDY, CABERET AND THEATRAL PERFORMANCE IN THE CENTER'S INTIMATE BLACK BOX RINKER PLAYHOUSE AND PERSSON HALL THEATERS TO FURTHER PROVIDE THE COMMUNITY WITH PROGRAMMING TO BROADEN THEIR EXPOSURE TO THE PERFORMING ARTS. 27 PRODUCTIONS.
- $59,680 spent. YOUNG ARTIST SERIES - A SERIES OF SHOWS PRESENTED IN THE CENTER'S RINKER PLAYHOUSE WHICH SHOWCASES THE NEXT GENERATION OF CLASSICAL MUSIC STARS. 4 PERFORMANCES.
- $1.5 million spent. FAMILY FARE AND PEAK SERIES - A SERIES OF SHOWS TO PROVIDE AFFORDABLE PROGRAMMING TO FAMILIES AND OTHER SEGMENTS OF THE COMMUNITY. 22 SHOWS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1983.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.