Ruth Eckerd Hall Foundation Inc in Clearwater, Florida (FL)

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Ruth Eckerd Hall Foundation Inc
Employer Identification Number (EIN)592868623
Name of OrganizationRuth Eckerd Hall Foundation Inc
Address1111 Mcmullen Booth Rd, Clearwater, FL 33759
ActivitiesFundraising
SubsectionCharitable Organization
Ruling Date03/1988
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2008
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$7,468,441
Amount of Income$4,596,635
Form 990 Revenue Amount$3,114,382
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Performing Arts Centers


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Amount of income in 2008: $4,596,635
Ruth Eckerd Hall Foundation Inc: 

 $4,596,635
Other organizations performing similar types of work: 

 $1,081,163

Assets in 2008: $7,468,441
This organization: 

 $7,468,441
Other organizations performing similar types of work: 

 $1,375,711

Expenses in 2002: $4,434,810
Ruth Eckerd Hall Foundation Inc: 

 $4,434,810
Other organizations performing similar types of work: 

 $939,880

Income to expenses ratio in 2002: 1.6
This organization: 

 1.6
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2002: 86.8%
Ruth Eckerd Hall Foundation Inc: 

 86.8%
Other organizations performing similar types of work: 

 79.1%

Number of employees in 2002: 8
This organization: 

 8
Other organizations performing similar types of work: 

 26

Employees paid over $50,000 in 2002: 0.0%
Ruth Eckerd Hall Foundation Inc: 

 0.0%
Other organizations performing similar types of work: 

 8.8%

Grants share in income in 2002: 93.3%
This organization: 

 93.3%
Other organizations performing similar types of work: 

 41.6%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2002
Total revenue$7,027,603
Contributions, gifts, grants, and similar amounts received$6,555,921
Contributions to donor advised funds
Direct public support$6,555,921
Indirect public support$0
Government contributions (grants)$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$472,259
Interest on savings and temporary cash investments$0
Dividends and interest from securities$78,651
Net rental income or (loss)$0
Gross rents$0
Less: rental expenses$0
Other investment income$0
Gain or (loss) from sales of assets other than inventory$-103,709
Gross amount from sales of assets other than inventory$536,470
Less: cost or other basis and sales expenses$640,179
Net income or (loss) from special events and activities$24,481
Gross revenue$122,229
Less: direct expenses other than fundraising expenses$97,748
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$0
Total expenses$4,434,810
Program services$3,850,004
Management and general$148,970
Fundraising$406,836
Payments to affiliates$29,000
Net assets or fund balances at end of year$12,947,383
Excess or (deficit) for the year$2,592,793
Net assets or fund balances at beginning of year$9,769,469
Other changes in net assets or fund balances$585,121
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$4,405,810$3,850,004$148,970$406,836
Grants paid from donor advised funds
Other grants and allocations$3,850,004
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$108,033$0$10,803$97,230
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$190,854$0$49,637$141,217
Pension plan contributions not included above$15,297$0$4,071$11,226
Employee benefits not included above$23,763$0$6,800$16,963
Payroll taxes$25,221$0$6,711$18,510
Professional fundraising fees$0$0$0$0
Accounting fees$11,182$0$11,182$0
Legal fees$0$0$0$0
Supplies$3,369$0$3,369$0
Telephone$1,692$0$1,692$0
Postage and shipping$10,205$0$10,205$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$22,120$0$0$22,120
Travel$6,093$0$0$6,093
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$4,300$0$4,300$0
Other expenses not covered above$133,677$0$40,200$93,477
Balance Sheets
2002
Total assets$13,151,565
Cash - non-interest-bearing$2,096,254
Savings and temporary cash investments$0
Accounts receivable less allowance for doubtful accounts$134,817
Pledges receivable less allowance for doubtful accounts$7,148,316
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$14,780
Investments - publicly-traded securities
Investments - other securities$2,214,348
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$0
Land, buildings, and equipment less accumulated depreciation$4,422
Other assets, including program-related investments$1,538,628
Total liabilities$204,182
Accounts payable and accrued expenses$86,326
Grants payable$0
Deferred revenue$0
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$0
Other liabilities$117,856
Total liabilities and net assets/fund balances$13,151,565
Total net assets or fund balances$12,947,383
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2002
Total revenue$7,027,603
Total revenue, gains, and other support per audited financial statements$7,710,472
Other expenses$682,869
Net unrealized gains on investments$482,747
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$200,122
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2002
Total expenses$4,434,810
Total expenses and losses per audited financial statements$4,532,558
Other revenue$97,748
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$97,748
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20068
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-25,058$496,740
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$472,259
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$78,651$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-103,709$0
Net income or (loss) from special events000000$000$0$24,481
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
2001
Total$6,103,597
Gifts, grants, and contributions received$5,525,391
Membership fees received$538,230
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$39,976
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Artis-Naples Inc5833 Pelican Bay Blvd, Naples, FL 34108-2740FL1984-03$67,884,298
2Raymond F Kravis Center For The Performing Arts Inc701 Okeechobee Blvd, West Palm Bch, FL 33401-6323FL1983-09$57,917,707
3Tampa Bay Performing Arts Center1010 N W C Macinnes Pl, Tampa, FL 33602-3720FL1981-05$34,929,979
4Ruth Eckerd Hall Inc1111 N Mcmullen Booth Rd, Clearwater, FL 33759-3219FL1979-06$20,650,669
5Lively Arts Center Inc221 North Beach Street, Daytona Beach, FL 32114-3321FL1997-07$7,090,150
6Ruth Eckerd Hall Foundation Inc1111 Mcmullen Booth Rd, Clearwater, FL 33759FL1988-03$4,596,635
7Cultural Arts Center Inc600 N Woodland Blvd, Deland, FL 32720-3447FL1986-02$333,857
8Wang Theatre Inc270 Tremont St, Boston, MA 02116-5603MA1997-05$13,648,737
9Strathmore Hall Foundation Inc5301 Tuckerman Ln, N Bethesda, MD 20852-3385MD1982-10$13,211,760
10Washington Performing Arts Society2000 L St Nw Ste 510, Washington, DC 20036-4918DC1965-12$10,705,682
11Sunvalley Summer Symphony IncPO BOX 1914, Sun Valley, ID 83353-1914ID1985-10$7,644,882
12The Florida Theatre Performing Arts128 E Forsyth Street, Jacksonville, FL 32202-3366FL1988-04$5,804,418
13Maxwell C King Center For The Performing Arts Inc1519 Clearlake Rd, Cocoa, FL 32922-6598FL1988-03$4,231,164
14Tremont Theatre Inc270 Tremont St, Boston, MA 02116-5603MA1997-05$3,449,933
15Stages Inc3201 Allen Parkway, Houston, TX 77019-1811TX1978-10$3,030,070
16San Francisco Performances Inc500 Sutter St Ste 710, San Francisco, CA 94102-1116CA1979-10$2,706,999
17Sunrise Theatre Inc117 S 2nd St, Fort Pierce, FL 34950-4305FL1999-05$2,637,639
18Palladium Theater Inc253 5th Ave N, St Petersburg, FL 33701-2915FL1998-08$2,626,941
19Zeiterion Theatre Inc684 Purchase St, New Bedford, MA 02740-6340MA1988-01$2,583,162
20Central Florida Cultural Endeavors Inc212 South Beach Street, Daytona Beach, FL 32114FL1976-10$1,203,428
Number of organizations performing similar types of work
Alaska2
Arkansas1
Arizona2
California31
Colorado4
Connecticut10
District of Columbia4
Delaware1
Florida16
Georgia4
Hawaii1
Idaho3
Illinois8
Indiana5
Kansas4
Kentucky3
Louisiana3
Massachusetts20
Maryland6
Maine5
Michigan12
Minnesota4
Missouri5
Mississippi1
Montana2
North Carolina6
New Hampshire6
New Jersey9
New Mexico1
New York34
Ohio16
Oklahoma3
Oregon4
Pennsylvania14
Rhode Island2
South Carolina2
South Dakota1
Tennessee3
Texas19
Utah1
Virginia6
Vermont5
Washington11
Wisconsin9
West Virginia2
Wyoming1
Total312

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