Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 10-01-2010 and ending 09-30-2011
BCheck if applicable:
CName of organization
PERFORMING ARTS CENTER TRUST INC
 
Doing Business As
ADRIENNE ARSHT CENTER FOR THE PERFOR
 
Number and street (or P.O. box if mail is not delivered to street address)
1444 BISCAYNE BLVD
 
Room/suite
City or town, state or country, and ZIP + 4
MIAMI, FL33132
D Employer identification number

65-0353695
E Telephone number

G Gross receipts $ 37,347,342
F Name and address of principal officer:
M JOHN RICHARD
1300 BISCAYNE BLVD
MIAMI,FL33132
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.ARSHTCENTER.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1991
M State of legal domicile: FL
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, THE PERFORMING ARTS CENTER TRUST, INC. D/B/A "ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY" ENLIGHTENS, EDUCATES AND ENTERTAINS OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 40
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 38
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 420
6 Total number of volunteers (estimate if necessary) .... 6 789
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 0
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 0
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 19,513,067 15,122,464
9 Program service revenue (Part VIII, line 2g) ......... 26,570,342 19,751,923
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 408,205 -54,434
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 953,240 1,035,281
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 47,444,854 35,855,234
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 0
14 Benefits paid to or for members (Part IX, column (A), line 4) .... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 9,001,803 9,377,302
16a Professional fundraising fees (Part IX, column (A), line 11e).... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet1,609,921    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 36,039,114 27,142,513
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 45,040,917 36,519,815
19 Revenue less expenses. Subtract line 18 from line 12...... 2,403,937 -664,581
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 20,628,593 18,811,437
21 Total liabilities (Part X, line 26)............ 7,583,403 6,430,831
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 13,045,190 12,380,606
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, THE PERFORMING ARTS CENTER TRUST, INC. D/B/A "ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY" ENLIGHTENS, EDUCATES AND ENTERTAINS OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES. THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY EMBRACES EXCELLENCE, CELEBRATES DIFFERENCES, RENEWS THE SPIRIT AND ENGAGES DIVERSE COMMUNITIES THROUGH THE POWER OF THE PERFORMING ARTS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 29,076,429 including grants of $   ) (Revenue $ 20,726,670 )
IN 1991, CULTURAL ARTS, GOVERNMENT AND BUSINESS LEADERS IN MIAMI-DADE COUNTY CONCEPTUALIZED A WORLD-CLASS PERFORMING ARTS CENTER LOCATED IN DOWNTOWN MIAMI. THUS, THE PERFORMING ARTS CENTER TRUST, INC WAS ESTABLISHED AS A 501(C)(3). GROUND FOR THE NEW CENTER, DESIGNED BY WORLD-RENOWNED ARCHITECT CESAR PELLI OF PELLI CLARKE PELLI ARCHITECTS, WAS BROKEN IN 2001 AND IN OCTOBER 2006 THE CENTER CELEBRATED ITS GRAND OPENING, MAKING DOWNTOWN MIAMI HOME TO ONE OF THE LARGEST PERFORMING ARTS CENTERS IN THE UNITED STATES OF AMERICA. THE CENTER IS SITUATED ALONG HISTORIC BISCAYNE BOULEVARD BETWEEN N.E. 13TH AND 14TH STREETS. NEW CHANGES ARRIVED IN 2008 AS NATIONAL BUSINESS LEADER AND PHILANTHROPIST ADRIENNE ARSHT DONATED $30 MILLION DOLLARS AND, IN RECOGNITION OF THE GIFT, THE CENTER (FORMERLY NAMED CARNIVAL CENTER FOR THE PERFORMING ARTS) WAS RENAMED THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY. PRINCIPAL VENUES AND COMPONENTS OF THE CENTER INCLUDE:- SANFORD AND DOLORES ZIFF BALLET OPERA HOUSE - 2,400 SEATS- JOHN S. AND JAMES L. KNIGHT CONCERT HALL - 2,200 SEATS- CARNIVAL STUDIO THEATER - A FLEXIBLE BLACK-BOX SPACE DESIGNED FOR UP TO 200 SEATS- PARKER AND VANN THOMSON PLAZA FOR THE ARTS - AN OUTDOOR SOCIAL AND PERFORMANCE SPACE THAT UNITES THE TWO MAIN HOUSES ACROSS BISCAYNE BOULEVARD- CARNIVAL ART DECO TOWER - ONE OF MIAMI'S OLDEST ART DECO BUILDINGS,HAS BEEN RESTORED AND WILL SOON HOUSE THE BOMBAY SAPPHIRE LOUNGE - PEACOCK EDUCATION CENTER - 3,500 SQUARE FEET OF WORKSHOP AND CLASSROOM SPACE SEVERAL SEPARATE ENTITIES PLAY UNIQUE ROLES IN THE CENTER INCLUDING MIAMI-DADE COUNTY, WHICH OWNS THE CENTER COMPLEX AND PROVIDED OVERSIGHT IN ITS CONSTRUCTION. PERFORMING ARTS CENTER TRUST, INC., A NON-PROFIT CORPORATION GOVERNED BY A 40-MEMBER VOLUNTEER BOARD, MANAGES AND OPERATES THE CENTER AND IS ALSO CHARGED WITH RAISING FUNDS FROM THE PUBLIC AND PRIVATE SECTOR.THE MISSION OF THE ADRIENNE ARSHT CENTER IS TO SERVE AS A FOCAL POINT OF GREATER MIAMI-DADE'S DIVERSE CULTURAL LIFE, BY ENLIGHTENING, EDUCATING AND ENTERTAINING OUR COMMUNITY THROUGH TRANSFORMATIONAL ARTS AND CULTURAL EXPERIENCES. THE CENTER IS A SHOWCASE FOR THE FINEST IN ESTABLISHED AND DEVELOPING CULTURAL PROGRAMS. IT IS THE FOUNDATION ON WHICH RESIDENT COMPANIES (FLORIDA GRAND OPERA, MIAMI CITY BALLET, NEW WORLD SYMPHONY AMERICA'S ORCHESTRAL ACADEMY) BUILD THEIR PROGRAMS AND EXTEND THEIR REACH. THE CENTER ALSO SERVES AS BOTH A SHOWCASE AND LABORATORY, PROVIDING FIRST CLASS ACCESSIBLE FACILITIES FOR SMALLER, EMERGING ORGANIZATIONS. EVERY SEASON, THE CENTER PROGRAMMING INCLUDES BROADWAY MUSICALS, WORLD MUSIC AND DANCE, LATIN POP, CABARET, JAZZ, HOLIDAY SPECIALS, THEATRE, STAND-UP COMEDY, CLASSICAL MUSIC AND DANCE. IN ITS 2010-2011 FIFTH ANNIVERSARY SEASON, THE ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY ESTABLISHED ITSELF AS A WORLD-CLASS PERFORMING ARTS CENTER, EXPANDING MIAMI'S REPUTATION AS A MAJOR PLAYER IN THE INTERNATIONAL ARTS SCENE. THE CENTER EXPANDED ITS MULTIPLE SIGNATURES SERIES AND REACHED OUT TO A WIDER AUDIENCE THROUGH FREE PROGRAMMING, FESTIVALS, SPEAKERS AND ONE-NIGHT SHOWS. THE ADRIENNE ARSHT CENTER'S STRENGTH LIES IN THE DIVERSITY OF AUDIENCES IN GREATER MIAMI, ITS ABILITY TO BRING WORLD-CLASS ARTISTS WHO HIGHLIGHT AND REPRESENT THE BEST THE WORLD HAS TO OFFER, AND IN THE WAY IT STRIVES TO ACTIVELY EMBRACE THE COMMUNITY. THE CENTER'S PROGRAMMATIC PHILOSOPHY IS TO PRESENT AND PRODUCE ORIGINAL, HIGH-QUALITY PERFORMING ARTS EXPERIENCES THAT REACH OUT AND APPEAL TO THE DIVERSE MEMBERS OF OUR COMMUNITY; TO BRING COMMUNITY MEMBERS INTO THE CENTER REGARDLESS OF BARRIERS OF LANGUAGE OR COST; AND TO CONTINUE DRIVING ITS MISSION TO BECOME A CENTER THAT ACTIVELY ENGAGES CHILDREN AND THEIR FAMILIES THROUGH PERFORMANCES, EDUCATION AND OUTREACH. SINCE OPENING IN OCTOBER 2006, THE CENTER HAS WELCOMED MORE THAN 2 MILLION VISITORS. IN TOTAL, 386,778 GUESTS CAME THROUGH THE CENTER'S DOORS IN 2010-2011, A SLIGHT INCREASE BUT ON PAR WITH THE PRIOR TWO SEASONS.FREE PROGRAMMING: IN ITS FOURTH SEASON, FREE GOSPEL SUNDAYS EXCEEDED ATTENDANCE RECORDS, RAISED ITS VISIBILITY IN THE COMMUNITY AND CREATED ITS OWN MIAMI-DADE COUNTY ALL-STAR CHOIR, THE MIAMI MASS CHOIR. THE SERIES HAS BECOME A ROUSING, SOUL-STIRRING EXPERIENCE IN A PACKED HALL THAT TRAVERSES CULTURES AND ATTRACTS PEOPLE FROM ALL WALKS OF LIFE AND ETHNIC BACKGROUNDS. IT HONORS THE AFRICAN-AMERICAN AND CARIBBEAN CULTURES OF SOUTH FLORIDA, BUILDS A BOND BETWEEN THE CENTER AND MIAMI'S DIVERSE COMMUNITY, AND INTRODUCES A BROAD AUDIENCE TO A PERFORMING ART THAT FEW OUTSIDE OF SMALL, URBAN CHURCH CONGREGATIONS HAVE EVER EXPERIENCED. A TOTAL OF 6,138 PEOPLE ATTENDED FOUR CONCERTS IN 2010-2011. FAMILY FEST CONTINUED TO FEATURE FREE FAMILY-FRIENDLY OUTDOOR ACTIVITIES AND PERFORMANCES, WITH FOUR FESTIVALS IN 2010-2011 BRINGING 3,385 PEOPLE TO THE THOMSON PLAZA. IN ADDITION, BEHIND-THE-SCENES TOURS WERE HELD FOR FREE ON A REGULAR BASIS, WITH A TOTAL OF 1,876 ATTENDING TOURS IN ENGLISH AND SPANISH. AS PART OF ITS ARTS EDUCATION & OUTREACH, THE CENTER HAS A GROWING NUMBER OF PROGRAMS THAT DRAW MIAMI-DADE PUBLIC SCHOOL STUDENTS INTO THE ARTS, INCLUDING JAZZ ROOTS EDUCATION AND AILEYCAMP. THE MOST RECENT ADDITION, LEARNING THROUGH THE ARTS, BROUGHT ALL MIAMI-DADE COUNTY PUBLIC SCHOOL FIFTH-GRADERS TO THE CENTER FOR A FREE PERFORMANCE OF ROCK ODYSSEY. SINCE THE SUMMER OF 2009 THE CENTER HAS WELCOMED AILEYCAMP, A FOUR-WEEK SUMMER DAY CAMP FOUNDED BY THE ALVIN AILEY DANCE FOUNDATION SERVING 100 AT-RISK CHILDREN AGES 11-14 FROM MIAMI-DADE COUNTY PUBLIC MIDDLE SCHOOLS. THE FREE PROGRAM INCLUDES DANCE TRAINING, CREATIVE WRITING INSTRUCTION, PERSONAL DEVELOPMENT AND COMMUNICATION WORKSHOPS, AS WELL AS RECREATIONAL FIELD TRIPS. AILEYCAMP CONCLUDES WITH AN ORIGINAL, SOLD-OUT PERFORMANCE CREATED FOR AND PRESENTED BY THE CAMPERS IN THE KNIGHT CONCERT HALL.BROADWAY IN MIAMI: RECOGNIZING MIAMI'S LOVE FOR BLOCKBUSTER BROADWAY SHOWS, THE CENTER PRESENTED LONG-RUNNING FAVORITES IN THE 2011 SEASON INCLUDING JERSEY BOYS, IN THE HEIGHTS, BEAUTY AND THE BEAST, DREAMGIRLS, HAIR, RAIN AND FORBIDDEN BROADWAY. A TOTAL OF 80,424 GUESTS EXPERIENCED THE SEVEN BROADWAY PRODUCTIONS.KNIGHT MASTERWORKS: IN 2010-2011, THE CENTER MOVED BEYOND SIMPLY FILLING THE CLASSICAL PROGRAMMING VOID LEFT IN EARLY 2009 BY THE COLLAPSE OF THE CONCERT ASSOCIATION OF FLORIDA. THIS SECOND KNIGHT MASTERWORKS SEASON WAS MARKED BY THE BOOKING OF INTERNATIONAL STARS AND REVERED DANCE COMPANIES THAT BRANDED THE SERIES AS A RESPECTED FORCE IN THE CLASSICAL PROGRAMMING WORLD. ALONG WITH THE SANFORD AND DOLORES ZIFF CLASSICAL MUSIC SERIES AND THE SANFORD AND DOLORES ZIFF SIGNATURE DANCE SERIES, THE CENTER STRETCHED THE SERIES IN NEW DIRECTIONS WITH THE CREATION OF A NEW SIGNATURE POPS SERIES. THE BOSTON POPS AND THE FIVE BROWNS, AMONG OTHER PERFORMERS FROM THIS APPROACHABLE GENRE, JOINED THE CHAMBER ORCHESTRA OF KREMLIN, THE PITTSBURGH SYMPHONY ORCHESTRA, VIOLIST JOSHUA BELL, MEXICO'S TANIA PEREZ-SALAS DANCE COMPANY, THE RETURNING ALVIN AILEY TROUPE AND MORE. TOGETHER, ALL THREE PARTS OF THE SERIES - CLASSICAL MUSIC, DANCE AND POPS - ESTABLISHED MIAMI AS A CITY WHERE WORLD-RENOWNED ARTISTS IN CLASSICAL DANCE AND MUSIC CAN BE SEEN. IT SHOULD BE NOTED THAT THE FINAL PERFORMANCE IN THE SERIES WAS ONE OF ONLY THREE U.S. CONCERTS FOR YURI BASHMET AND EVGENY KISSIN, WITH THE ARSHT CENTER JOINING CARNEGIE HALL AND CHICAGO'S SYMPHONY HALL AS THE ONLY VENUES HOSTING THE RARE PERFORMANCE. NEARLY 22,800 PEOPLE ATTENDED 17 MASTERWORKS PERFORMANCES DURING THE 2010-2011 SEASON.FLAMENCO FESTIVAL MIAMI: FLAMENCO FESTIVAL MIAMI HAS BECOME A CENTERPIECE OF THE ADRIENNE ARSHT CENTER'S HISPANIC PROGRAMMING, PRESENTING THE BEST FLAMENCO ARTISTS FROM AROUND THE GLOBE. THE FESTIVAL BOASTS OVER 500 SUBSCRIBERS. IN 2010-2011, THE FESTIVAL'S FOURTH SEASON, THE CENTER CELEBRATED FLAMENCO AND SPANISH CULTURE WITH MAIN STAGE PERFORMANCES OF DANCE AND SONG FEATURING SPAIN'S FOREMOST AMBASSADORS OF FLAMENCO, BALLET NACIONAL DE ESPANA. A TOTAL OF 9,955 ATTENDED FIVE PERFORMANCES.JAZZ ROOTS: THE SIX-PART CONCERT SERIES IS ONE OF THE MOST COMPREHENSIVE AND AMBITIOUS IN THE UNITED STATES, TRACING THE HISTORY OF JAZZ THROUGH PERFORMANCES IN 2010-2011 BY MICHAEL FEINSTEIN, KEITH JARRETT, JANE MONHEIT AND DIANE REEVES, AMONG OTHERS. A TOTAL OF 9,223 PEOPLE ATTENDED THE SIX CONCERTS.COMEDY PLANET: THE CENTER LAUNCHED ITS INAUGURAL "COMEDY PLANET" SERIES IN 2010-2011 WITH ICONIC AMERICAN COMIC JERRY SEINFELD ON NOV. 6, 2010, FOLLOWED BY A RARE SOLO PERFORMANCE OF THE LEGENDARY WHOOPI GOLDBERG. NPR'S HILARIOUS WEEKLY CELEBRITY QUIZ SHOW "WAIT, WAIT ... DON'T TELL ME!" AND "CELEBRITY AUTOBIOGRAPHY," ROUNDING OUT THE SEASON. A TOTAL OF 10,793 PEOPLE ATTENDED THE SERIES.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
EDUCATION AND OUTREACHTHE ADRIENNE ARSHT CENTER HAS CREATED A STRONG AND FAR-REACHING EDUCATION INITIATIVE THAT TOUCHES THE LIVES OF MORE THAN 26,000 SCHOOLCHILDREN IN MIAMI-DADE COUNTY EVERY YEAR. THE CENTER COLLABORATES WITH SEVERAL ORGANIZATIONS TO BETTER SERVE MIAMI-DADE COUNTY. EDUCATION PROGRAMS, PLANNED WITH MIAMI-DADE COUNTY PUBLIC SCHOOLS, MIAMI-DADE COUNTY DEPARTMENT OF CULTURAL AFFAIRS, THE RESIDENT COMPANIES, AND COMMUNITY-BASED ORGANIZATIONS, OFFER UNIQUE OPPORTUNITIES FOR YOUNG PEOPLE AND ADULTS TO LEARN ABOUT AND ENJOY THE PERFORMING ARTS BOTH IN THE CENTER AND OUT IN THEIR COMMUNITIES. THE CENTER HAS IMPLEMENTED MANY EDUCATION/OUTREACH PROGRAMS, (LEARNING THROUGH THE ARTS AND AILEYCAMP) BOTH AT THE CENTER AND IN THE SCHOOLS, TO SERVE THE STUDENT POPULATION AND GIVE THEM A HIGH-QUALITY PERFORMING ARTS EXPERIENCE. AS PART OF ITS EDUCATION OUTREACH, THE CENTER HAS A GROWING NUMBER OF PROGRAMS THAT DRAW MIAMI-DADE PUBLIC SCHOOL STUDENTS INTO THE ARTS.JAZZ ROOTS: WITH COLLABORATION FROM GRAMMY-WINNING PRODUCER LARRY ROSEN AND MIAMI-DADE COUNTY PUBLIC SCHOOLS, THE ADRIENNE ARSHT CENTER NOW REACHES APPROXIMATELY 1,000 YOUNG PEOPLE EVERY SEASON WITH ITS JAZZ ROOTS EDUCATION PROGRAM. AS PART OF THE PROGRAM, MUSIC STUDENTS IN HIGH SCHOOLS ATTEND CONCERTS BY LEGENDARY JAZZ MUSICIANS FOR FREE. STUDENTS ALSO PARTICIPATE IN UNIQUE, BEHIND-THE-SCENES SOUND CHECKS, DISCUSSIONS WITH FEATURED ARTISTS AND WORKSHOPS WITH JAZZ PROFESSIONALS. THE JAZZ ROOTS EDUCATION PROGRAM CONTINUES TO BRING MUSIC STUDENTS THE JOYS OF A LIVE MUSICAL EXPERIENCE AND TUNE THEM INTO THE ARTISTIC PROCESS AND PRACTICAL SKILLS NEEDED FOR A CAREER IN THE ARTS.AILEYCAMP: SINCE THE SUMMER OF 2009 THE CENTER WELCOMED AILEYCAMP, A FOUR-WEEK SUMMER DAY CAMP FOUNDED BY THE ALVIN AILEY DANCE FOUNDATION SERVING 100 AT-RISK CHILDREN AGES 11-14 FROM MIAMI-DADE COUNTY PUBLIC MIDDLE SCHOOLS. THE FREE PROGRAM INCLUDES DANCE TRAINING, CREATIVE WRITING INSTRUCTION, PERSONAL DEVELOPMENT AND COMMUNICATION WORKSHOPS, AS WELL AS RECREATIONAL FIELD TRIPS. AILEYCAMP CONCLUDES WITH AN ORIGINAL PERFORMANCE CREATED FOR AND PRESENTED BY THE CAMPERS IN THE KNIGHT CONCERT HALL.ROCK ODYSSEY: THIS PRODUCTION TURNS HOMER'S ANCIENT GREEK POEM INTO A THEATRICAL MUSICAL WHERE ODYSSEUS ENCOUNTERS EPIC ADVENTURES WITH A 10-FOOT CYCLOPS AND A SEVEN-HEADED SEA MONSTER IN A MODERN SPIN WITH A HIP ROCK-N-ROLL SCORE, CHOREOGRAPHED COMBAT AND SPECIAL EFFECTS. THE PROFESSIONAL CAST, ELABORATE COSTUMING AND BEAUTIFUL SETS CREATE A MEMORABLE THEATRICAL EXPERIENCE. THE PRODUCTION CONTINUES TO LIVE UP TO THE CENTER'S GOAL OF GIVING NOT MERELY A FIELD TRIP TO SCHOOLCHILDREN OF DIVERSE ETHNIC, RACIAL AND SOCIO-ECONOMIC BACKGROUNDS, BUT A COMPLETE "WOW AND WONDROUS" MOMENT THAT EMBARKS THEM ON A LIFELONG APPRECIATION OF THE ARTS. THE SHOW IS ACCOMPANIED BY LESSON PLANS FOR TEACHERS THAT USE THE THEATER EXPERIENCE TO TEACH CONCEPTS IN MATH, SCIENCE, HISTORY, LANGUAGE ARTS AND SOCIAL STUDIES. TWO PROFESSIONAL DEVELOPMENT COURSES THAT CONCENTRATE ON ROCK ODYSSEY CONTENT AND HOW TO USE THE THEATRICAL ARTS AS A TEACHING TOOL ARE OFFERED FOR FREE TO MIAMI-DADE COUNTY PUBLIC SCHOOL TEACHERS AT THE CENTER PRIOR TO THE SHOW. A PROFESSIONAL TEAM OF EDUCATORS CREATED ROCK ODYSSEY LESSON PLANS, INCORPORATING KEY ASPECTS OF FLORIDA'S K-12 SUNSHINE STATE STANDARDS. THE VISION FOR LEARNING THROUGH THE ARTS IS TO TEACH, INSPIRE AND ENRICH YOUNG PEOPLE THROUGH A UNIQUE ACTIVE LEARNING OPPORTUNITY THAT ALLOWS THEM TO EXPERIENCE THE PERFORMING ARTS, BOTH IN THE CONCERT HALL AND THE CLASSROOM. THE CENTER ASPIRES TO INSTITUTIONALIZE LEARNING THROUGH THE ARTS BY COMMISSIONING NEW ORIGINAL PRODUCTIONS FOR STUDENTS ON AN ONGOING BASIS. THE PROGRAM'S LONG-TERM GOAL IS TO EXPAND BY ADDING 24,000 SEVENTH-GRADERS TO THE AUDIENCE, FOLLOWED BY THE COUNTY'S NINTH-GRADERS, ULTIMATELY REACHING 75,000 PUBLIC SCHOOL STUDENTS EACH YEAR FROM THE THREE BENCHMARK GRADES WITH REMARKABLE LIVE MUSICAL THEATER. MASTER CLASSES & OTHER OUTREACH: THE ADRIENNE ARSHT CENTER IS CONTINUALLY LOOKING FOR NEW WAYS TO BRING ITS TALENTED VISITING ARTISTS INTO THE LIVES OF SOUTH FLORIDA'S ARTISTS AND STUDENTS. IN 2010-2011, THE CENTER DID THIS THROUGH MASTER CLASSES AND WORKSHOPS THAT UTILIZED THE TALENTS OF MUNEQUITOS DE MATANZAS, HUBBARD STREET DANCE CHICAGO AND BALE FOLCLORICO DA BAHIA, AMONG OTHER VISITING ARTISTS. SPECIAL NEEDS ACCESSIBILITY PROGRAMMING: IN PARTNERSHIP WITH VSA ARTS FLORIDA, THE CENTER CONTINUED TO EMPLOY LOCAL ARTISTS TRAINED IN WORKING WITH SPECIAL NEEDS POPULATIONS TO CONDUCT ACTIVE ARTS LEARNING ACTIVITIES IN SPECIAL NEEDS CLASSROOMS IN THE MIAMI-DADE COUNTY SCHOOL SYSTEM AND AT THE ADRIENNE ARSHT CENTER, SERVING BOTH DISABLED CHILDREN AND ADULTS. TICKET ACCESS PROGRAM (TAP): UNDERSERVED PATRONS ARE GIVEN THE OPPORTUNITY TO ATTEND PERFORMANCES AT THE CENTER THROUGH TICKET SUBSIDIES. THROUGH MIAMI-DADE COUNTY'S CULTURE SHOCK PROGRAM, STUDENTS AGES 13-22 CAN ACCESS PERFORMANCES FOR $5 PER TICKET. IN ADDITION, THE CENTER PROVIDES TICKETS TO EDUCATIONAL AND SOCIAL SERVICES ORGANIZATIONS MADE POSSIBLE BY THE GENEROUS CONTRIBUTION OF INDIVIDUALS AND FOUNDATIONS.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services. (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet$ 29,076,429
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II..
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III..
16
 
No
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..
21
 
No
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III.....
22
 
No
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
 
No
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
78
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
420
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
No
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
No
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
No
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
40
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
38
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
 
No
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
FL
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
JOHN BURNETT
1300 BISCAYNE BLVD
MIAMI,FL33132
(786) 468-2210
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) J RICKY ARRIOLA
IMMEDIATE PAST CHAIR
 5.00 X   X       0 0 0
(2) MIKE EIDSON
CHAIRMAN
 5.00 X   X       0 0 0
(3) EMERY SHEER
TREASURER
 5.00 X   X       0 0 0
(4) JAMES HERRON
SECRETARY
 5.00 X   X       0 0 0
(5) PENNY THURER
ASSISTANT SECRETARY
 5.00 X   X       0 0 0
(6) PARKER THOMPSON
BOARD MEMBER
 3.00 X           0 0 0
(7) MATILDE AGUIRRE
BOARD MEMBER
 3.00 X           0 0 0
(8) ISRAEL ALFONSO
BOARD MEMBER
 3.00 X           0 0 0
(9) MAGALIE DESROCHES AUSTIN
BOARD MEMBER
 3.00 X           0 0 0
(10) HON MATTI H BOWER
BOARD MEMBER
 3.00 X           0 0 0
(11) HON OSCAR BRAYNON II
BOARD MEMBER
 3.00 X           0 0 0
(12) SONIA BURINI
BOARD MEMBER
 3.00 X           0 0 0
(13) GILBERT CABRERA
BOARD MEMBER
 3.00 X           0 0 0
(14) ALAN H FEIN
BOARD MEMBER
 3.00 X           0 0 0
(15) FELIX GARCIA
BOARD MEMBER
 3.00 X           0 0 0
(16) RALPH L GAZITUA
BOARD MEMBER
 3.00 X           0 0 0
(17) SERGIO M GONZALEZ
BOARD MEMBER
 3.00 X           0 0 0
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) ROSIE GORDON-WALLACE
BOARD MEMBER
 3.00 X           0 0 0
(19) HON DONALD L GRAHAM
BOARD MEMBER
 3.00 X           0 0 0
(20) EVELYN GREER
BOARD MEMBER
 3.00 X           0 0 0
(21) MITCHELL KAPLAN
BOARD MEMBER
 3.00 X           0 0 0
(22) HANK KLEIN
BOARD MEMBER
 3.00 X           0 0 0
(23) SUSIE KRAJSA
BOARD MEMBER
 3.00 X           0 0 0
(24) NATHAN LEIGHT
BOARD MEMBER
 3.00 X           0 0 0
(25) RICHARD C MILSTEIN
BOARD MEMBER
 3.00 X           0 0 0
(26) FLORENE LITTHCUT NICHOLS
BOARD MEMBER
 3.00 X           0 0 0
(27) BEVERLY PARKER
BOARD MEMBER
 3.00 X           0 0 0
(28) JORGE PLASENCIA
BOARD MEMBER
 3.00 X           0 0 0
(29) ABIGAIL POLLAK
BOARD MEMBER
 3.00 X           0 0 0
(30) JESUS JAY PONS
BOARD MEMBER
 3.00 X           0 0 0
(31) LARRY RICE
BOARD MEMBER
 3.00 X           0 0 0
(32) ADRIANA SABINO
BOARD MEMBER
 3.00 X           0 0 0
(33) MARIO ERNESTO SANCHEZ
BOARD MEMBER
 3.00 X           0 0 0
(34) HON MARC D SARNOFF
BOARD MEMBER
 3.00 X           0 0 0
(35) RONALD A SILVER
BOARD MEMBER
 3.00 X           0 0 0
(36) CAROLE ANN TAYLOR
BOARD MEMBER
 3.00 X           0 0 0
(37) JUDY WEISER
BOARD MEMBER
 3.00 X           0 0 0
(38) DAVID WILSON
BOARD MEMBER
 3.00 X           0 0 0
(39) VELIA YEDRA
BOARD MEMBER
 3.00 X           0 0 0
(40) HON JUAN C ZAPATA
BOARD MEMBER
 3.00 X           0 0 0
(41) KENNETH HARRIS
VICE-PRES.OPERATIONS
 40.00     X   X   157,418 0 15,607
(42) M JOHN RICHARD
PRESIDENT AND CEO
 50.00     X   X   358,535 0 22,212
(43) SCOTT SHILLER
EXECUTIVE VICE PRESIDENT
 50.00     X   X   290,778 0 19,280
(44) WILLIAM BURNETT
VICE-PRES. FINANCE
 50.00         X   182,859 0 4,833
(45) LOUIS TERTOCHA
GENERAL COUNSEL
 50.00         X   178,553 0 16,939
(46) ANDREW GOLDBERG
VICE-PRES. MARKETING
 50.00         X   151,077 0 12,114
(47) PATRICIA BRENNAN
VICE-PRES. HR
 50.00         X   147,930 0 16,211
(48) VALERIE RILES
VICE-PRES BOARD & GOVERNME
 40.00         X   156,250 0 14,737
(49) SUZANNA VALDEZ
VICE PRESIDENT OF ADVANCEMENT
 40.00         X   199,837 0 19,174
(50) ELIZABETH WALLACE
ASSISTANT VICE PRESIDENT OF PROGRAMMING
 40.00         X   127,374 0 8,436
(51) UNDERHILL MUNISHA
SENIOR DIRECTOR, DEVELOPMENT
 40.00         X   131,600 0 17,197
(52) MARK ROSENBLUM
SENIOR DIRECTOR, OPERATIONS
 40.00         X   126,986 0 8,986
(53) MICHAEL C HARDY
FORMER PRESIDENT AND CEO
 50.00           X 0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 2,209,197 0 175,726
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet12
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet0
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e 8,560,869
f All other contributions, gifts, grants, and
similar amounts not included above1f 		6,561,595
g Noncash contributions included in lines 1a-1f:$  
h Total. Add lines 1a-1f.......MediumBullet 15,122,464
Program Service Revenue Business Code
2a PROGRAMMING REVENUE 900,099 13,014,266 13,014,266    
b VENUE RENTAL REVENUE 900,099 3,800,082 3,800,082    
c BOX OFFICE FEES 900,099 2,937,575 2,937,575    
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 19,751,923
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 6,100     6,100
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties............MediumBullet        
(i) Real (ii) Personal
6a Gross Rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 1,431,574  
b Less: cost or other basis and sales expenses 1,492,108  
c Gain or (loss) -60,534  
d Net gain or (loss)..........MediumBullet -60,534 -60,534    
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a EVENT PARKING 812,900 562,879 562,879    
b OTHER INCOME 900,099 433,416 433,416    
c MERCHANDISE SALE 900,099 38,986 38,986    
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 1,035,281
12 Total revenue. See Instructions....MediumBullet 35,855,234 20,726,670 0 6,100
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21    
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 832,170 507,624 249,651 74,895
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 6,962,002 4,221,611 2,086,548 653,843
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 271,434 134,313 137,121  
9 Other employee benefits ....... 770,025 170,755 548,688 50,582
10 Payroll taxes ........... 541,671 290,706 202,324 48,641
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 8,650   8,650  
c Accounting ........... 103,359   103,359  
d Lobbying ...........        
e Professional fundraising. See Part IV, line 17..    
f Investment management fees ......        
g Other .......... 975,965 714,979 151,805 109,181
12 Advertising and promotion .... 4,440,748 4,071,666 3,702 365,380
13 Office expenses ....... 329,623 179,775 111,836 38,012
14 Information technology ......        
15 Royalties ..        
16 Occupancy ........... 5,158,316 4,097,609 1,060,707  
17 Travel ............ 210,054 179,451 21,977 8,626
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 37,799 11,614 18,301 7,884
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 481,439 12,125 469,314  
23 Insurance .............. 496,569 496,569    
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a PROGRAMMING EXPENSES 10,056,143 9,856,750 54,152 145,241
b UTILITIES 1,990,115 1,990,115    
c MIAMI-DADE COUNTY COMMI 750,000 600,000 150,000  
d PARKING-VALET 536,497 536,497    
e BANK CHARGES 514,760 501,415 13,345  
f All other expenses 1,052,476 502,855 441,985 107,636
25 Total functional expenses. Add lines 1 through 24f 36,519,815 29,076,429 5,833,465 1,609,921
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing .......... 7,032,768 1 4,939,105
2 Savings and temporary cash investments ....... 818,244 2 276,172
3 Pledges and grants receivable, net .........   3  
4 Accounts receivable, net ......... 1,155,676 4 983,540
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net .............   7 90,016
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............ 469,040 9 354,638
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 4,249,733
b Less: accumulated depreciation. ..... 10b 1,386,194 2,345,540 10c 2,863,539
11 Investments—publicly traded securities ..........   11  
12 Investments—other securities. See Part IV, line 11 ...... 8,636,850 12 9,017,077
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14 116,875
15 Other assets. See Part IV, line 11 ........... 170,475 15 170,475
16 Total assets. Add lines 1 through 15 (must equal line 34)... 20,628,593 16 18,811,437
Liabilities 17 Accounts payable and accrued expenses . 2,786,239 17 2,510,405
18 Grants payable ..........   18  
19 Deferred revenue .......... 3,844,089 19 3,320,426
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 850,000 23 600,000
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D..... 103,075 25 0
26 Total liabilities. Add lines 17 through 25..... 7,583,403 26 6,430,831
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 9,008,641 27 8,743,510
28 Temporarily restricted net assets ..... 1,028,549 28 629,096
29 Permanently restricted net assets ..... 3,008,000 29 3,008,000
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 13,045,190 33 12,380,606
34 Total liabilities and net assets/fund balances ..... 20,628,593 34 18,811,437
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
35,855,234
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
36,519,815
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
-664,581
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
13,045,190
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
-3
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
12,380,606
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization? ................
11g(i)
 
 
(ii) a family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
(i)
Name of supported organization 		(ii)
EIN 		(iii)
Type of organization (described on lines 1- 9 above or IRC section (see instructions)) 		(iv)
Is the organization in col. (i) listed in your governing document? 		(v)
Did you notify the organization in col. (i) of your support? 		(vi)
Is the organization in col. (i) organized in the U.S.? 		(vii)
Amount of support?
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 10,251,225 12,024,923 23,627,318 19,443,967 15,122,464 80,469,897
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3.. 10,251,225 12,024,923 23,627,318 19,443,967 15,122,464 80,469,897
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..            
6 Public Support. Subtract line 5 from line 4.           80,469,897
Section B. Total Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
7 Amounts from line 4.. 10,251,225 12,024,923 23,627,318 19,443,967 15,122,464 80,469,897
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 64,122 23,383 4,725 12,000 6,100 110,330
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets.. 53,046 114,916 52,517 86,792 112,768 420,039
11 Total support (Add lines 7 through 10).           81,000,266
12
12
 
13
Section C. Computation of Public Support Percentage
14
14
99.350 %
15
15
99.330 %
16a
b
17a
b
18
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public Support (Subtract line 7c from line 6.)            
Section B. Total Support
Calendar year (or fiscal year beginning in) (a) 2006 (b) 2007 (c) 2008 (d) 2009 (e) 2010 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)            
13 Total support (Add lines 9, 10c, 11 and 12.).            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
PERFORMING ARTS CENTER TRUST INC
  		Employer identification number

65-0353695
Part I
Contributors (see Instructions)
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
PERFORMING ARTS CENTER TRUST INC
  		Employer identification number

65-0353695
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
PERFORMING ARTS CENTER TRUST INC
  		Employer identification number

65-0353695
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 9,355,094    
b Contributions ........ 23,689 8,958,888  
c Investment earnings or losses ... -60,534 396,206  
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........ 		125,000    
f Administrative expenses ....      
g End of year balance ...... 9,193,249 9,355,094  
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet67.000 %
b
Permanent endowment: SchDMd Bullet33.000 %
c
Term endowment: SchDMd Bullet0 %
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................      
b Buildings ................        
c Leasehold improvements ............ 1,197,681   99,160 1,098,521
d Equipment ................ 623,030   387,169 235,861
e Other ................. 2,429,022   899,865 1,529,157
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 2,863,539
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) LIMITED PARTNERSHIP INTEREST 		100,000 F

(B) MUTUAL FUNDS 		4,229,475 F

(C) ALTERNATIVE FUNDS 		700,206 F

(D) EQUITY SECURITIES 		3,987,396 F





Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet 9,017,077
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes  








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet  
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1 35,855,234
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2 36,519,815
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3 -664,581
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8 -3
9 Total adjustments (net). Add lines 4 - 8 ............................. 9 -3
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10 -664,584
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1 35,947,689
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b 92,456
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e 92,456
3 Subtract line 2e from line 1..................... 3 35,855,233
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b 1
c Add lines 4a and 4b....................... 4c 1
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5 35,855,234
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1 36,612,274
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a 92,456
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d 3
e Add lines 2a through 2d...................... 2e 92,459
3 Subtract line 2e from line 1..................... 3 36,519,815
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5 36,519,815
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
PART XI, LINE 8 - OTHER ADJUSTMENTS:   ROUNDING ADJUSTMENT
PART XII, LINE 4B - OTHER ADJUSTMENTS:   ROUNDING ADJUSMENT
PART XIII, LINE 2D - OTHER ADJUSTMENTS:   ROUNDING ADJUSTMENT
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
 
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) KENNETH HARRIS (i)
(ii)		 144,687
0 		12,731
0 		0
0 		3,299
0 		12,308
0 		173,025
0 		134,141
0
(2) M JOHN RICHARD (i)
(ii)		 330,210
0 		28,325
0 		0
0 		8,278
0 		13,934
0 		380,747
0 		413,931
0
(3) SCOTT SHILLER (i)
(ii)		 266,985
0 		23,793
0 		0
0 		6,972
0 		12,308
0 		310,058
0 		282,198
0
(4) WILLIAM BURNETT (i)
(ii)		 171,979
0 		10,880
0 		0
0 		4,833
0 		0
0 		187,692
0 		173,721
0
(5) LOUIS TERTOCHA (i)
(ii)		 166,467
0 		12,086
0 		0
0 		4,631
0 		12,308
0 		195,492
0 		168,079
0
(6) ANDREW GOLDBERG (i)
(ii)		 144,349
0 		6,728
0 		0
0 		3,938
0 		8,176
0 		163,191
0 		140,900
0
(7) PATRICIA BRENNAN (i)
(ii)		 139,019
0 		8,911
0 		0
0 		3,903
0 		12,308
0 		164,141
0 		133,975
0
(8) VALERIE RILES (i)
(ii)		 144,550
0 		11,700
0 		0
0 		3,690
0 		11,047
0 		170,987
0 		135,883
0
(9) SUZANNA VALDEZ (i)
(ii)		 189,337
0 		10,500
0 		0
0 		3,577
0 		15,597
0 		219,011
0 		0
0







Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Identifier Return Reference Explanation
PROGRAM SERVICE STATEMENT FORM 990, PART III, LINE 4A MULTI-CULTURAL: EXPANDING ITS REACH INTO THE AFRO-LATIN DIASPORA, THE CENTER BROUGHT TO MIAMI PERU NEGRO, BALE FOLCLORICO DA BAHIA, SPANISH GRAMMY-WINNING SONGSTRESS BUIKA AND RUMBA MASTERS LOS MUNEQUITOS DE MATANZAS. THERE ALSO WAS A CONTINUING EMPHASIS ON HIP HOP, RAP AND ROCK MUSIC. IN THE SPRING OF 2011, THE CENTER PRESENTED AND FUNDRAISED FOR AYIKODANS, A HAITIAN CONTEMPORARY DANCE COMPANY STRUGGLING TO SURVIVE FOLLOWING 2010'S TRAGIC EARTHQUAKE IN THAT COUNTRY. COMBINED WITH THE EFFORTS OF A COUNTYWIDE COMMITTEE LED BY JOHN YEARWOOD, WORLD EDITOR OF THE MIAMI HERALD, AND YOURY MEVS, PRESIDENT OF THE WINGROUP, THE ARSHT CENTER-LED EFFORT RESULTED IN THREE FUNDRAISING PERFORMANCES. AYIKODANS RETURNED HOME WITH $117,000 MORE THAN TWICE THE FUNDRAISING GOAL. SUPPORTING MIAMI ARTISTS CENTRAL TO THE CENTER'S MISSION AS A WORLD-CLASS, COMMUNITY-BASED INSTITUTION IS OUR ROLE AS A RESOURCE FOR LOCAL ARTISTS AND GROUPS; THIS MAY MEAN OFFERING OUR STAGES TO AN UP-AND-COMING PERFORMER; PROVIDING SUPPORT FOR RESIDENT COMPANIES; OR CO-PRESENTING A LOCAL THEATER COMPANY. EXAMPLES ABOUNDED IN 2010-2011, FROM THE MIAMI MADE FESTIVAL, WHICH COMMISSIONS LOCAL ARTISTS TO PERFORM ON THE CARNIVAL STUDIO THEATER STAGE, TO VISUAL ARTIST DANIEL ARSHAM'S SCULPTURE IN THE AUDIENCE DURING THE MERCE CUNNINGHAM SHOW. SOME HIGHLIGHTS: IN JANUARY 2011, THE CENTER PRESENTED 27-YEAR-OLD DANCE SENSATION ROSIE HERRERA IN THE MIAMI PREMIERE OF AN EXPANDED AND REVAMPED VERSION OF VARIOUS STAGES OF DROWNING: A CABARET AND PITY PARTY, FRESH FROM ITS TRIUMPHANT PERFORMANCE AT THE PRESTIGIOUS AMERICAN DANCE FESTIVAL. THE CENTER ALSO JOINED WITH CITY THEATRE TO PRESENT ANOTHER SEASON OF SUMMER SHORTS IN THE CARNIVAL STUDIO THEATER. SUMMER PROGRAMMING: THE CENTER EXCEEDED EXPECTATIONS IN ITS THIRD SEASON OF SUMMER PROGRAMMING, CONTINUING TO DEFY THE STEREOTYPE OF SOUTH FLORIDA AS A SLOW SUMMER LOCALE FOR THE PERFORMING ARTS. CIRQUE ELOIZE ID, THE CENTER'S SIX-WEEK SUMMER BLOCKBUSTER, ATTRACTED A TOTAL AUDIENCE OF 42,513. THE CIRQUE SHOW ALSO SAW THE LAUNCH OF THE CENTER'S FIRST EXPERIMENT WITH A "MEDIA WALL," WHICH USED TWITTER, WEB CAMS AND A GIANT SET OF MEDIA SCREENS TO ENGAGE AUDIENCE MEMBERS WITH EACH OTHER AND ARTISTS. THE INTERACTIVE WALL GENERATED A WEEKLY AVERAGE OF 1,000 TWEETS AND TEXTS DURING CIRQUE'S RUN AT THE CENTER'S ZIFF BALLET OPERA HOUSE.
FORM 990, PART VI, SECTION B, LINE 11   A DRAFT OF THE FORM 990 IS PREPARED BY EXTERNAL AUDITORS AND REVIEWED BY THE CHIEF FINANCIAL OFFICER AND PRESIDENT AND CEO. PRIOR TO FINALIZATION OF THE RETURN, A FINAL DRAFT OF FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS. THE FORM DISTRIBUTED TO THE BOARD OF DIRECTORS REFLECTS THE RETURN ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE.
  FORM 990, PART VI, SECTION B, LINE 12C ANNUAL UPDATES ARE REQUIRED.
  FORM 990, PART VI, SECTION B, LINE 15 CEO DETERMINES THE COMPENSATION FOR ALL SENIOR STAFF AFTER REVIEW PROCESS. COMPENSATION FOR THE CEO IS APPROVED BY BOARD OF DIRECTORS AS PART OF 360 DEGREE REVIEW, A COMPARATIVE STUDY AND ADDITIONAL ANALYSIS.
  FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST
CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ROUNDING ADJUSTMENT -3. TOTAL TO FORM 990, PART XI, LINE 5: -3.
  FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
PERFORMING ARTS CENTER TRUST INC
 
Employer identification number

65-0353695
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) ADRIENNE ARSHT CENTER FOUNDATION INC

1300 BISCAYNE BLVD

MIAMI,FL33132
26-2567808 		PROVIDES OPERATING SUPPORT OF ARSHT CENTER FOR THE PERFORMING ARTS (NON-PROF FL 501(C)(3) LINE 7  
 
No












For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership












Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) ADRIENNE ARSHT CENTER FOUNDATION INC

 C 6,561,595 BOOK VALUE
(1)
(2)
(3)
(4)
(5)
(6)
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


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