Adrienne Arsht Center Trust Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ADRIENNE ARSHT CENTER IS A LEADER IN PRESENTING INNOVATIVE PROGRAMMING THAT MIRRORS SOUTH FLORIDA'S DIVERSITY, AS WELL AS A CATALYST FOR BILLIONS OF DOLLARS IN NEW DEVELOPMENT IN THE DOWNTOWN AREA. THE CENTER PRESENTS NEARLY 400 EVENTS EACH YEAR ACROSS ITS FLEXIBLE, STATE-OF-THE-ART PERFORMANCE SPACES. THE CENTER PROGRAMS SEVERAL SIGNATURE SERIES, INCLUDING THE LARGEST JAZZ SERIES IN SOUTH FLORIDA, A MAJOR ANNUAL FLAMENCO FESTIVAL, AND A ROBUST PROGRAM OF NEW THEATRICAL WORKS, AS WELL AS FREE PROGRAMMING FOR THE COMMUNITY AND AN ARTS EDUCATION PROGRAM THAT SERVES OVER 80,000 CHILDREN EACH YEAR. AS MIAMI'S NEW TOWN SQUARE, THE ARSHT CENTER ALSO HOUSES TEATRO, A FINE DINING RESTAURANT, AND ACCENT CAFE IN THE HISTORICAL CARNIVAL TOWER.
- Income
- $51.1 million
- Spending
- $50.9 million
- Spent on programs
- 79%
- Reserves
- 5.2 months of spending
- Largest source of income
- fees for its services, 46%
- Employees
- 589
- Volunteers
- 266
- Highest pay
- $858,018, president and ceo
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 67 out of 100. Higher than 41% of charities in its peer group (arts and culture, $10m to $100m).
Reserves
20 of 35Spendable reserves would cover 5.2 months of spending.
Debt
10 of 20It owes 45% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1579% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending September 30, 2024, 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 2543 of 43 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 September 30, 2024, 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)
- $36.3 million spent. THE CENTER IS A SHOWCASE FOR THE FINEST IN ESTABLISHED AND DEVELOPING CULTURAL PROGRAMS. IT IS THE FOUNDATION ON WHICH ITS RESIDENT COMPANIES (FLORIDA GRAND OPERA, MIAMI CITY BALLET, AND NEW WORLD SYMPHONY) BUILD THEIR PROGRAMS AND EXTEND THEIR REACH. THE CENTER ALSO SERVES AS A LABORATORY FOR SMALLER, EMERGING ORGANIZATIONS BY PROVIDING FIRST-CLASS, ACCESSIBLE FACILITIES. PROGRAMMING INCLUDES BROADWAY MUSICALS; WORLD MUSIC AND DANCE; LATIN POP; CABARET; JAZZ; HOLIDAY SPECIALS; THEATRE; STAND-UP COMEDY; CLASSICAL MUSIC; AND MODERN DANCE.
- $3.7 million spent. ARTS EDUCATION AND COMMUNITY ENGAGEMENT ARE MAJOR COMPONENTS OF THE CENTER'S MISSION. THE CENTER HAS CREATED A STRONG, MULTI-FACETED INITIATIVE THAT ADDRESSES ARTS EDUCATION IN BOTH COMPREHENSIVE WAYS (E.G., LEARNING THROUGH THE ARTS) AND FOCUSED, INDIVIDUALIZED EFFORTS (SUCH AS AILEYCAMP MIAMI). OVERALL, APPROXIMATELY 80,000 K-12 STUDENTS IN MIAMI-DADE COUNTY PUBLIC SCHOOLS ARE IMPACTED BY THESE EFFORTS EVERY YEAR.
Source: Form 990 for the year ending September 30, 2024, 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 September 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 October 1995.
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.
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