Maxwell C King Center for the Performing Arts Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $8.1 million
- Spending
- $10.3 million
- Spent on programs
- 99%
- Reserves
- 6.7 months of spending
- Largest source of income
- fees for its services, 86%
- Employees
- 199
- Volunteers
- 201
- Highest pay
- $206,197, general manager
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
Fair: 64 out of 100. Higher than 38% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 6.7 months of spending.
Debt
16 of 20It owes 23% of what it owns.
Living within its means
0 of 15Spending exceeded income by 28% of income.
Income trend
5 of 15Income fell 16% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 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
Good: 80 out of 100. Higher than 31% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
0 of 5Reports no independent review process for its chief executive's pay.
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 (2)
- $7.5 million spent. THE CENTER'S 2024-2025 SEASON OFFERED 77 MAIN STAGE EVENTS. THE CENTER ALSO PRESENTED A FREE CONCERT AGAIN THAT WAS PRESENTED BY THE BREVARD SYMPHONY ORCHESTRA TO ENGAGE THE COMMUNITY IN THE CULTURAL ARTS PROGRAM.
- $2.7 million spent. DURING FISCAL YEAR 2024-2025, THE CENTER PURCHASED A NEW FRONT-OF-HOUSE CONSOLE WITH A STAGE BOX TO ENHANCE THE AUDIENCE SOUND WHILE ALSO ENHANCING THE SETUP FOR THE ARTIST. THE CENTER ALSO UNDERWENT CONSTRUCTION FOR THE BACK-OF-HOUSE WHICH INCLUDED CONVERTING THE KITCHEN TO A FULL-SERVICE KITCHEN, ADDING ADDITIONS TO THE PATRONS' RESTROOMS, RENOVATING THE ROTUNDA SPACE, THE BACKSTAGE STUDIO SPACE, THE GROUP RESTROOMS/DRESSING ROOMS, AND THE GREEN ROOM AND PATIO.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1988.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.