Skip to main content

Nonprofit · EIN 83-2727388

THE CENTER FOR ARTS & INNOVATION INC

Tax-exempt · BOCA RATON, FL 33432

Financials

$6.6M$1.2M2023$577K$3.2M2024
Revenue Expenses · by fiscal year end
Financials of THE CENTER FOR ARTS & INNOVATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$576,969$3,218,591-$2,641,622$13,783,563$4,277,741$9,505,822
December 31, 2023990$6,602,246$1,245,425$5,356,821$16,091,270$4,509,578$11,581,692
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$79,000
Program service revenue
$0
Investment income
$494,510
Net gain from sales of assets
$43,205
Other revenue
$3,459

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$205,002
Other salaries and wages
$553,557
Salaries, compensation and benefits (total)
$868,848
Professional fundraising fees
$0
Legal fees
$13,723
Accounting fees
$44,406
Occupancy
$90,644
Travel
$563,595
Depreciation
$33,428
Program services (functional)
$952,385
Management and general (functional)
$901,748
Fundraising (functional)
$1,364,458

Balance sheet and other

Total assets, start of year
$16,091,270
Total assets, end of year
$13,783,563
Total liabilities, end of year
$4,277,741
Net assets, end of year
$9,505,822
Land, buildings and equipment
$3,801,266
Publicly traded securities
$6,238,299
Net assets without donor restrictions
$8,317,035
Net assets with donor restrictions
$1,188,787
Gross receipts
$7,188,775
Employees
5
Volunteers
10
Year formed
2018
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
ANDREA VIRGINCEO & BOARD CHAIR
Trustee or director, Officer
50$205,003
SAMANTHA A WOULFECHIEF MARKETING OFFICER
Highest-paid employee
50$193,509
DEREK L BELLINCHIEF OPERATING AND DEVELOPMENT OFFICER
Officer
40$123,360
PATRICIA KILGALLONTREASURER
Trustee or director, Officer
15$0
STEVEN GIACONATREASURER
Trustee or director, Officer
15$0
MATTHEW CIMAGLIADIRECTOR
Trustee or director
5$0
ELIZABETH DUDLEYDIRECTOR
Trustee or director
5$0
DAN GUINDIRECTOR
Trustee or director
5$0
ROBERT FRIEZODIRECTOR
Trustee or director
5$0
PEG ANDERSONDIRECTOR
Trustee or director
15$0
ROGER STEINDIRECTOR
Trustee or director
5$0
ERICA KASELDIRECTOR
Trustee or director
5$0
MIKE KAUFMANDIRECTOR
Trustee or director
5$0
CAMILO MIGUELDIRECTOR
Trustee or director
5$0
IAN WEINERDIRECTOR
Trustee or director
5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
ANDREA VIRGINCEO & BOARD CHAIR
Trustee or director, Officer
50$225,000
PATRICIA KILGALLONTREASURER
Trustee or director, Officer
15$0
MATTHEW CIMAGLIADIRECTOR
Trustee or director
5$0
ELIZABETH DUDLEYDIRECTOR
Trustee or director
5$0
STEVEN GIACONATREASURER
Trustee or director, Officer
15$0
DAN GUINDIRECTOR
Trustee or director
5$0
ROBERT FRIEZODIRECTOR
Trustee or director
5$0
PEG ANDERSONDIRECTOR
Trustee or director
15$0
ROGER STEINDIRECTOR
Trustee or director
5$0
ERICA KASELDIRECTOR
Trustee or director
5$0
MIKE KAUFMANDIRECTOR
Trustee or director
5$0
CAMILO MIGUELDIRECTOR
Trustee or director
5$0
IAN WEINERDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
433 PLAZA REAL STE 271, BOCA RATON, FL 33432-3945
In care of
% ANDREA VIRGIN
Principal officer (990 for 2024)
ANDREA VIRGIN, 433 PLAZA REAL 271, BOCA RATON, FL 33432
Signed the 990
ANDREA VIRGIN, CEO & BOARD CHAIR
Phone
(561) 859-2117
Return prepared by
KAUFMAN ROSSIN & CO PA

Mission

TO BUILD AND OPERATE AN INNOVATIVE, VITAL, AND FLEXIBLE CULTURAL CAMPUS THAT TRANSCENDS FUNCTION TO ENABLE CREATIVITY WITH NO BOUNDARIES.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING THE CURRENT YEAR, THE CENTER FOR ARTS AND INNOVATION FOCUSED ON BOTH THE NEXT PHASE OF DESIGN AND DEVELOPMENT FOR ITS PLANNED FACILITY IN LINE WITH THEIR AGREEMENT WITH THE CITY OF BOCA RATON WHILE ALSO ADVANCING ITS CAPITAL FUNDRAISING INITIATIVES TO SUPPORT THE COMPLETION OF DESIGN EFFORTS AND TO PREPARE FOR CONSTRUCTION. BUILDING UPON THE SIGNIFICANT MILESTONES ACHIEVED IN PRIOR YEARS, THE ORGANIZATION CONCENTRATED ITS EFFORTS ON PREPARING AND PRESENTING ITS CONCEPTUAL DESIGNS TO BOTH THE COMMUNITY AND THE CITY, WHILE ALSO FINALIZING ITS BUSINESS PLAN, CULTIVATING MAJOR DONOR RELATIONSHIPS, DEVELOPING STRATEGIC PARTNERSHIPS, PLANNING PRE-OPENING PROGRAMMING, SECURING ESSENTIAL STAFF RESOURCES, AND EXPANDING ITS FUNDRAISING CAPACITY. THE CENTER CONTINUED TO ENGAGE COMMUNITY, BUSINESS, AND CIVIC LEADERS IN SUPPORT OF ITS MISSION TO FOSTER CREATIVITY, INNOVATION, AND ECONOMIC VITALITY. THESE EFFORTS HAVE POSITIONED THE ORGANIZATION FOR THE LAUNCH OF ITS CAPITAL CAMPAIGN AND THE REALIZATION OF A TRANSFORMATIVE CULTURAL AND EDUCATIONAL HUB FOR THE REGION.
    Expenses $952,385

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2727388
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,783,563
Income (IRS master file)
$7,188,775

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$576,969$3,218,591$13,783,563IRS
990December 2023$6,602,246$1,245,425$16,091,270XML
990December 2022$6,045,767$1,040,395$6,419,239IRS
990December 2021$1,859,773$517,861$6,531,467IRS
990December 2020–––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 83-2727388).

Questions about THE CENTER FOR ARTS & INNOVATION INC

What is the EIN of THE CENTER FOR ARTS & INNOVATION INC?
The employer identification number (EIN) of THE CENTER FOR ARTS & INNOVATION INC is 83-2727388.
Is THE CENTER FOR ARTS & INNOVATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to THE CENTER FOR ARTS & INNOVATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE CENTER FOR ARTS & INNOVATION 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 THE CENTER FOR ARTS & INNOVATION 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 THE CENTER FOR ARTS & INNOVATION 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 THE CENTER FOR ARTS & INNOVATION INC?
The 990 for the year ended December 31, 2024 names ANDREA VIRGIN.
Who are the officers and directors of THE CENTER FOR ARTS & INNOVATION INC?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $205,003 (ANDREA VIRGIN, CEO & BOARD CHAIR).
How much revenue does THE CENTER FOR ARTS & INNOVATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $576,969, expenses of $3,218,591 and total assets of $13,783,563 at year end.

Other nonprofits in BOCA RATON

All nonprofits in BOCA RATON · Florida · Arts, culture and humanities