2026-03-27T11:58:29-05:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-07-01 200198707 BILL EDWARDS FOUNDATION FOR THE ARTS INC BILL 7273085100 5959 CENTRAL AVENUE SUITE 201 ST PETERSBURG FL 33710 WILLIAM EDWARDS CEO 7273085100 2026-03-27 1 0 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z WILLIAM EDWARDS 5959 CENTRAL AVENUE SUITE 201 ST PETERSBURG FL 33710 6024340 0 X WWW.BILLEDWARDSFOUNDATIONFORTHEARTS.ORG X 2003 FL UPLIFT THE COMMUNITY THROUGH A WIDE RANGE OF PROGRAMS, COMMUNITY OUTREACH, AND PUBLIC PERFORMANCES. 9 9 17 9 0 0 1041506 1613644 3255331 4410370 0 326 0 0 4296837 6024340 450 1989 0 0 731642 854286 0 0 444072 3731539 5253136 4463631 6109411 -166794 -85071 1367177 1354308 424604 496806 942573 857502 OUR MISSION IS TO EDUCATE, ENGAGE AND ENTERTAIN EVERYONE IN OUR COMMUNITY THROUGH THE PERFORMING ARTS, WITH AN EMPHASIS ON CULTURALLY DIVERSE PROGRAMMING. 0 0 5304728 1989 4410370 BILL EDWARDS FOUNDATION FOR THE ARTS IS A DRIVING FORCE IN SUPPORTING THE PERFORMING ARTS IN ST. PETERSBURG. FOUNDED WITH A COMMITMENT TO ENRICHING THE COMMUNITY, THE FOUNDATION PLAYS A VITAL ROLE IN BRINGING WORLD-CLASS ARTISTS TO THE MAHAFFEY THEATER, EXPANDING ARTS EDUCATION PROGRAMS, AND ENSURING THAT DIVERSE, HIGH-QUALITY PERFORMANCES ARE ACCESSIBLE TO ALL. THROUGH GENEROUS DONATIONS, MEMBERSHIPS, AND CORPORATE PARTNERSHIPS, WE HAVE PROVIDED THOUSANDS OF STUDENTS WITH EXPOSURE TO THE ARTS, CREATED DYNAMIC OUTREACH PROGRAMS, AND FOSTERED A THRIVING CULTURAL LANDSCAPE. OUR DEDICATION TO EDUCATION, ENGAGEMENT, AND ENTERTAINMENT SHAPES THE FUTURE OF THE PERFORMING ARTS IN OUR COMMUNITY. ON AVERAGE, APPROXIMATELY 260 EVENTS ARE HOSTED AT THE THEATER FOR MORE THAN 200,000 VISITORS ANNUALLY. 5304728 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 17 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 FL X WILLIAM EDWARDS 7273085100 5959 CENTRAL AVENUE SUITE 201 ST PETERSBURG FL 33710 WILLIAM EDWARDS CEO/DIRECTOR 10.00 0.00 X X 0 0 0 CAROLE MERRITT CO-CHAIR/DIRECTOR 1.00 0.00 X 0 0 0 DAVID DOWNING CO-CHAIR/DIRECTOR 1.00 0.00 X 0 0 0 BOB CHURUTI DIRECTOR (THRU 10/2025) 1.00 0.00 X 0 0 0 DONNA COTHRON DIRECTOR 1.00 0.00 X 0 0 0 BRADY DIGGS DIRECTOR 1.00 0.00 X 0 0 0 TRISH DUGGAN DIRECTOR 1.00 0.00 X 0 0 0 MITCHELL EGAN DIRECTOR 1.00 0.00 X 0 0 0 TYLER ILLER DIRECTOR (THRU 11/2024) 1.00 0.00 X 0 0 0 JIM MACDOUGALD DIRECTOR (THRU 6/2025) 1.00 0.00 X 0 0 0 MARK MAHAFFEY DIRECTOR 1.00 0.00 X 0 0 0 AMY HARRIET MILLER PRESIDENT (THRU 4/2025) 40.00 0.00 X 110831 0 6609 110831 0 6609 1 0 0 0 BIG 3 ENTERTAINMENT LLC 400 1ST ST SOUTH ST PETERSBURG FL 33701 CATERING AND ADMIN SERVICES 479435 1 815269 51066 747309 1613644 CULTURAL EVENTS REV. 711190 4410370 4329307 81063 4410370 326 326 6024340 4329307 0 81389 X 1989 1989 123917 123917 206660 206660 431878 111159 3916 316803 43156 8631 9926 24599 48675 9735 11195 27745 200 200 20758 20758 663340 655828 7512 407524 346395 61129 100784 54287 46497 21307 2078 19229 106511 106511 65314 52884 12430 18060 12642 5418 111269 36719 74550 ARTIST PERFORMANCE FEES 2808801 2808801 PRODUCTION COSTS 525508 525508 SCHOOL BUS TRANSPORTATI 122458 122458 SUMMER CAMP COSTS 115459 115459 165843 139626 17839 8378 6109411 5304728 360611 444072 1301619 1190471 37104 106859 28454 56978 0 0 1367177 1354308 27553 36767 397051 460039 424604 496806 X 942573 857502 942573 857502 1367177 1354308 -85071 0 X 0 1 X 1 0 X 275735 826955 781650 1041506 1613970 4539816 275735 826955 781650 1041506 1613970 4539816 287611 4252205 4539816 13589332 0.93660 0.98430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 6024340 0 6024340 0 6024340 6109411 0 6109411 0 6109411 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND FROM STATE CORPORATE INCOME TAX UNDER APPLICABLE FLORIDA STATUTES. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS A FOUNDATION THAT IS NOT A PRIVATE FOUNDATION AND HAS BEEN DESIGNATED A "PUBLICLY SUPPORTED" FOUNDATION. THE FOUNDATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS EVALUATED THEIR TAX POSITIONS AND DETERMINED THEY HAVE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025. SHOULD THE FOUNDATION'S TAX-EXEMPT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATION'S 2023, 2024, AND 2025 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. WILLIAM EDWARDS BOARD MEMBER 206600 CATERING 0 WILLIAM EDWARDS BOARD MEMBER 312996 REIMBURSEMENT 0 SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: BIG 3 ENTERTAINMENT, LLC(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY OWNED MORE THAN 35% BY BOARD MEMBER, WILLIAM EDWARDS(D) DESCRIPTION OF TRANSACTION: CATERING SERVICES(A) NAME OF PERSON: BIG 3 ENTERTAINMENT, LLC(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY OWNED MORE THAN 35% BY BOARD MEMBER, WILLIAM EDWARDS(D) DESCRIPTION OF TRANSACTION: REIMBURSEMENTSWILLIAM EDWARDS SERVES ON THE BOARD OF DIRECTORS OF THE FOUNDATION AND IS OWNER OF BIG 3 ENTERTAINMENT, LLC. BIG 3 WAS HIRED BY THE CITY OF ST. PETERSBURG, (WHICH OWNS THE MAHAFFEY THEATER WHERE THE FOUNDATION HOLDS ITS CULTURAL EVENTS) TO PROVIDE CATERING AND ADMINISTRATIVE SERVICES TO THE FOUNDATION. WHILE THE FOUNDATION TRANSACTS WITH AN ENTITY OWNED BY AN INTERESTED PERSON, THE CONTRACTUAL AGREEMENT BETWEEN THE TWO PARTIES IS EXECUTED AT ARM'S LENGTH AND ONLY FINALIZED AFTER EXERCISING DUE DILIGENCE TO ENSURE THE FOUNDATION IS PAYING FAIR MARKET VALUE FOR THE SERVICES RENDERED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FOUNDATION'S FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED TAX ADVISORY FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL TEAM. THE TAX RETURN FORM 990 WILL BE REVIEWED BY THE CHAIRMAN AND THE CEO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT EACH OFFICER AND DIRECTOR IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR RELATIONSHIP TO THE ORGANIZATION, BOARD SERVICE, OR POSITION WITHIN THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15A PROCESS FOR DETERMINING COMPENSATION THE CEO OF THE ORGANIZATION IS A VOLUNTEER POSITION FOR NO COMPENSATION. THE CEO DETERMINES COMPENSATION FOR THE PRESIDENT. COMPENSATION LEVELS ARE ESTABLISHED WITHIN COMPETITIVE RANGES FOR SIMILARLY POSITIONED INDIVIDUALS IN THE ORGANIZATION'S GEOGRAPHIC AREA. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G STAGE PRODUCTION CREW AND LABOR: PROGRAM SERVICE EXPENSES 655,828. MANAGEMENT AND GENERAL EXPENSES 7,512. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 663,340.