Nonprofit · EIN 14-1466353
SARATOGA SPRINGS PERFORMING ARTS CENTER INC
Tax-exempt · SARATOGA SPGS, NY 12866
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $16,403,544 | $15,598,077 | $805,467 | $36,134,759 | $7,489,468 | $28,645,291 |
| December 31, 2023 | 990 | $15,302,986 | $13,423,942 | $1,879,044 | $32,487,407 | $5,568,650 | $26,918,757 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,850,832
- of which government grants
- $145,000
- Membership dues
- $4,262,261
- Program service revenue
- $5,471,004
- Investment income
- $1,058,401
- Net rental income
- $372,139
- Net gain from sales of assets
- $336,162
- Net income from fundraising events
- -$130,027
- Other revenue
- $3,023,307
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,123,641
- Other salaries and wages
- $3,434,095
- Salaries, compensation and benefits (total)
- $5,314,193
- Professional fundraising fees
- $0
- Legal fees
- $54,095
- Accounting fees
- $33,860
- Occupancy
- $313,442
- Travel
- $23,566
- Depreciation
- $694,466
- Program services (functional)
- $11,752,075
- Management and general (functional)
- $2,709,817
- Fundraising (functional)
- $1,136,185
Balance sheet and other
- Total assets, start of year
- $32,487,407
- Total assets, end of year
- $36,134,759
- Total liabilities, end of year
- $7,489,468
- Net assets, end of year
- $28,645,291
- Land, buildings and equipment
- $10,089,983
- Publicly traded securities
- $14,044,915
- Net assets without donor restrictions
- $17,170,427
- Net assets with donor restrictions
- $11,474,864
- Gross receipts
- $18,803,417
- Employees
- 521
- Volunteers
- 276
- Year formed
- 1962
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH SOBOL | PRESIDENT AND CEO Officer | 60 | $578,463 | $77,911 |
| LESLIE COLEMAN-SMITH | GENERAL MANAGER Key employee | 60 | $211,103 | $60,203 |
| EDWARD JAY LAFOND CPA | CHIEF FINANCIAL OFFICER Officer | 60 | $167,621 | $28,340 |
| DENNIS MOENCH | VICE PRESIDENT OF EDUCATION Highest-paid employee | 50 | $106,938 | $37,467 |
| CHRIS SHILEY | VICE PRESIDENT, ARTISTIC P Highest-paid employee | 50 | $126,098 | $15,717 |
| KRISTEN GODETTE VENTRE | VICE PRESIDENT OF COMMUNICATIONS Highest-paid employee | 50 | $101,405 | $19,463 |
| ROBERT MINK | STAGE HAND Highest-paid employee | 50 | $100,196 | $29 |
| SUSAN LAW DAKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES WAIT JR | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ELEANOR K MULLANEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY R IANNIELLO ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILL ALDRICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE R HEARST III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NORMA MEACHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS MACKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHET OPALKA | DIRECTOR Trustee or director | 1 | $0 |
| DONALD J MCCORMACK | DIRECTOR Trustee or director | 1 | $0 |
| GERALDINE GOLUB | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER MABEE | DIRECTOR Trustee or director | 1 | $0 |
| SONNY BONACIO | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD HIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| SALLY BOTT | DIRECTOR Trustee or director | 1 | $0 |
| JUDY HARRIGAN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JASON WARD | DIRECTOR Trustee or director | 1 | $0 |
| CJ DECRESCENTE | DIRECTOR Trustee or director | 1 | $0 |
| SEAN LEONARD | TREASURER Trustee or director, Officer | 1 | $0 |
| RAIMUNDO ARCHIBOLD | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM MCELLEN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREA SPUNGEN | DIRECTOR Trustee or director | 1 | $0 |
| CARL DEBRULE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| STEPHEN VERRAL MD | DIRECTOR Trustee or director | 1 | $0 |
| JEFFERY RIDHA | DIRECTOR Trustee or director | 1 | $0 |
| DR L OLIVER ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| SUJATA N CHAUDHRY | DIRECTOR Trustee or director | 1 | $0 |
| KEELEY ARDMAN DESALVO | DIRECTOR Trustee or director | 1 | $0 |
| STEPHANIE MARKOWICH | DIRECTOR Trustee or director | 1 | $0 |
| SHARYN NEBLE | DIRECTOR Trustee or director | 1 | $0 |
| LISA VALLENDORF | DIRECTOR Trustee or director | 1 | $0 |
| GRANT WILSEA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH SOBOL | PRESIDENT AND CEO Officer | 60 | $457,325 | $74,375 |
| LESLIE COLEMAN-SMITH | GENERAL MANAGER Key employee | 60 | $212,767 | $55,654 |
| EDWARD JAY LAFOND CPA | CHIEF FINANCIAL OFFICER Officer | 60 | $162,453 | $27,829 |
| THOMAS O'HANDLEY | SVP, DEVELOPMENT Highest-paid employee | 50 | $156,198 | $425 |
| CHRIS SHILEY | VICE PRESDIENT, ARTISTIC P Highest-paid employee | 50 | $103,634 | $14,962 |
| SUSAN LAW DAKE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES WAIT JR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ELEANOR K MULLANEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LINDA TOOHEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY R IANNIELLO ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILL ALDRICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE R HEARST III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NORMA MEACHAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS MACKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHET OPALKA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONALD J MCCORMACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GERALDINE GOLUB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER MABEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SONNY BONACIO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD HIGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SALLY BOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUDY HARRIGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CJ DECRESCENTE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN LEONARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RAIMUNDO ARCHIBOLD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM MCELLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA SPUNGEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARL DEBRULE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN VERRAL MD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFERY RIDHA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR L OLIVER ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUJATA N CHAUDHRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEELEY ARDMAN DESALVO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY BUDD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHANIE MARKOWICH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHARYN NEBLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 108 AVENUE OF THE PNES, SARATOGA SPGS, NY 12866-6220
- Principal officer (990 for 2024)
- ELIZABETH SOBOL, 108 AVENUE OF THE PINES, SARATOGA SPRINGS, NY 12866
- Signed the 990
- ELIZABETH SOBOL, PRESIDENT & CEO
- Phone
- (518) 584-9330
- Website
- WWW.SPAC.ORG
- Return prepared by
- BST & CO CPAS LLP
Mission
FOR OVER 57 YEARS, THE SARATOGA PERFORMING ARTS CENTER, IN HEART OF THE GLORIOUS SPA STATE PARK IN SARATOGA SPRINGS, NY, HAS BEEN THE SUMMER HOME OF NEW YORK CITY BALLET AND THE PHILADELPHIA ORCHESTRA, AND THE LOCATION OF MORE THAN A THOUSAND PERFORMANCES OF BEST-IN-CLASS ARTISTS ACROSS ALL GENRES. AS IT MOVES INTO THE FUTURE, SPAC EMBRACES ITS ROLE AS A STEWARD OF ITS PLACE IN THE NATURAL WORLD AND THE TRANSFORMATIVE POWER OF BEAUTY IN HUMAN LIVES. SPAC WORKS TO HARNESS THAT POWER FROM BOTH HUMAN-MADE AND NATURAL SOURCES TO FORGE DEEP CONNECTIONS FROM PERSON TO PERSON AND PERSON TO PLANET THROUGH A FUTURE THAT EMBRACES AN EVER-EXPANDING DEFINITION OF THE ARTS INCLUDING PERFORMING ARTS, VISUAL ARTS, LITERARY ARTS, CULINARY ARTS, HEALING ARTS AND BEYOND. IN ITS WORK ON BEHALF OF ART, ARTISTS AND COMMUNITY, SPAC WORKS TO EDUCATE, REVEAL, INSPIRE, AND SERVE THE BEAUTY IN THE WORLD WHICH CONNECTS, RESPECTS, AND ELEVATES ALL HUMAN BEINGS.
Program accomplishments
- THE PRESENTATION OF THE PERFORMING ARTS IN ORDER TO SPONSOR, CULTIVATE AND DEVELOP AN UNDERSTANDING AND APPRECIATION OF SUCH ART BY THE CENTER'S MEMBERS AND THE COMMUNITY. WE PRESENT 70-80 EVENTS THROUGHOUT THE YEAR, REACHING OVER 350,000 PEOPLE EACH YEAR IN THE AREAS OF DANCE, ORCHESTRA, CHAMBER MUSIC, JAZZ, AND ROCK AND ROLL. OUR FACILITY IS THE SUMMER HOME TO THE PHILADELPHIA ORCHESTRA, THE NEW YORK CITY BALLET, AND THE CHAMBER MUSIC SOCIETY OF NEW YORK. OUR EDUCATIONAL INITIATIVES, BOTH IN OUR ON-CAMPUS SCHOOL OF THE ARTS AND THROUGH OUR OUTREACH IN PUBLIC SCHOOLS THROUGHOUT THE REGION BRING THE ARTS TO MORE THAN 50,000 CHILDREN EACH YEAR.Expenses $11,752,075 · revenue $8,252,199
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1466353
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A610)
- Assets (IRS master file)
- $36,134,759
- Income (IRS master file)
- $18,803,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $16,403,544 | $15,598,077 | $36,134,759 | IRS |
| 990 | December 2023 | $15,302,986 | $13,423,942 | $32,487,407 | XML |
| 990 | December 2022 | $12,352,299 | $11,663,099 | $30,854,112 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1466353).
Questions about SARATOGA SPRINGS PERFORMING ARTS CENTER INC
- What is the EIN of SARATOGA SPRINGS PERFORMING ARTS CENTER INC?
- The employer identification number (EIN) of SARATOGA SPRINGS PERFORMING ARTS CENTER INC is 14-1466353.
- Is SARATOGA SPRINGS PERFORMING ARTS CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to SARATOGA SPRINGS PERFORMING ARTS CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SARATOGA SPRINGS PERFORMING ARTS CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SARATOGA SPRINGS PERFORMING ARTS CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SARATOGA SPRINGS PERFORMING ARTS CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SARATOGA SPRINGS PERFORMING ARTS CENTER INC?
- The 990 for the year ended December 31, 2024 names ELIZABETH SOBOL.
- Who are the officers and directors of SARATOGA SPRINGS PERFORMING ARTS CENTER INC?
- The 990 for the year ended December 31, 2024 lists 39 people; 7 received compensation from the organization, the highest $578,463 (ELIZABETH SOBOL, PRESIDENT AND CEO).
- How much revenue does SARATOGA SPRINGS PERFORMING ARTS CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $16,403,544, expenses of $15,598,077 and total assets of $36,134,759 at year end.
Other nonprofits in SARATOGA SPGS
- CORPORATION OF YADDO EIN 14-1343055 · last filed 990 for 2025
- NATIONAL MUSEUM OF RACING INC EIN 14-1421321 · last filed 990 for 2025
- SARATOGA ARTS INC EIN 14-1632037 · last filed 990 for 2025
- SARATOGA AUTOMOBILE MUSEUM EIN 31-1656500 · last filed 990 for 2025
- LAKE GEORGE OPERA FESTIVAL ASSOCIATION INC EIN 13-2505803 · last filed 990 for 2025
- SARATOGA SPRINGS UNIVERSAL PRESERVATION HALL EIN 32-0033321 · last filed 990 for 2024
- SARATOGA SPONSOR-A-SCHOLAR EIN 75-3038965 · last filed 990 for 2024
- SARATOGA CHILDRENS THEATRE INC EIN 80-0191421 · last filed 990 for 2025
All nonprofits in SARATOGA SPGS · New York · Arts, culture and humanities