Putting Knowledge to Work:The State of Arts Organizations

Data from Nonprofit SearchJanuary 2016

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The Arts Sector

• 60 Reviewed Arts SectorPortraits

• Data from 314Portraits

• United Arts 14

Data was collected from the Central Florida Foundation Nonprofit Search as of December 2015

United Arts 14• Bach Festival Society• Crealdé School of Art• Downtown Arts District• Enzian Theater• Garden Theatre• Mad Cow Theatre• Maitland Art & History Association• Orange County Regional History Center• Orlando Ballet• Orlando Museum of Art• Orlando Philharmonic• Orlando Repertory Theatre• Orlando Science Center• Orlando Shakespeare Theater

All SectorsRevenue & Expenses

$0

$1,000,000,000

$2,000,000,000

$3,000,000,000

$4,000,000,000

2012 2013 2014

$2,759,104,418$3,073,302,051

$2,510,123,736

$2,860,089,805$3,245,927,653

$2,618,405,419

Expenses Revenue

Revenue & ExpensesArts Sector

$57,

904,

686

$61,

229,

499

$70,

259,

608

$63,

133,

700

$61,

184,

649

$63,

282,

492

$35,

021,

533

$33,

080,

902

$38,

272,

420

$30,

504,

699

$33,

249,

072

$34,

674,

696

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

$80,000,000

2012 2013 2014

Total Arts RevenueTotal Arts ExpensesUA 14 RevenueUA 14 Expenses

Definitions

Capacity is infrastructure, tools, and resources necessary to do the job identified in the mission and/or strategic plan.

Sustainability is meeting the needs of the present without compromising the ability of future generations to meet their own needs. United Nations Definition

Source: Blue Avocado.org

Capacity: A Look at Governance PracticeTotal Arts Sector UA/14

• Average Number of Board Members 16 23– Board members are predominately Male

• Average Board Meeting attendance 77% 69%• Average Board Investment 83% 100%• Conflict of Interest Policy 77% 93%• Board Term Limits Average 3 2• Annual Board Meetings 7 8• Written Board Selection Criteria 52% 79%

Capacity: A Look at Leadership Practice

Total Arts Sector UA/14• CEOs performance review 70% 93%• Performance review of senior staff 58% 93%• Annual CEO Compensation

Under $50,000 53% 14%$50,000 to $75,000 20% 36%$75,000 to $100,000 12% 36%Over $100,000 14% 14%

• Volunteer Led*1 7% 0%• Average CEO compensation $69,072 $80,082

*1 – Volunteer Led – organizations with 0 paid part-time and full time staff with non-paid CEOs

Capacity: A Look at StaffingTotal Arts Sector UA/14

• Full Time 472 272

• Part Time 457 235

• Contract Employees 1,163 711

• Volunteers 8,920 3,217

• Staff Retention 69% 78%

Capacity: A Look at Operational PoliciesUnited Arts/14

02468

101214

1112

7

13

01

7

1

3

10 0

YesNoUnder Development

Sustainability: A Look at Endowment• True Endowment - as reported in audited financial statements which

must be permanently restricted by a donor and cannot be invaded.

Endowment :

Arts Sector UA/14 Full Sector

33%*1 50% 28%

15 M 5.4 M $480.9 M

Sample: 60 Total of Arts Organizations

*1 - 21 Arts Organizations have endowment

Sustainability: A Look at Capital Campaigns

Whole Nonprofit Sector*1 Arts Sector*2 UA/14

13% 18% 29%

Goal $3.053 B*3 $611 M 18%

Raised $15 M $523 M 29%

*1 Sample: 41 organizations in Orange, Osceola, and Seminole counties*2 Sample: Total of 60 Arts Sector Organizations*3 Inclusive of: Dr. Phillips Center for the Performing Arts @ $534,000,000

Wycliffe Bible Translators Inc. @ $1,000,000,000Florida State University Foundation Inc. @ $1,000,000,000

Sustainability: A Look at Funding Sources andExpenses for Arts Organizations

• Total Government Funding - $7.38 million *1

• Total Funding from Individuals - $25.7 million• Total Funding from Foundations and Corporations - $4.89 million• Earned Revenue - $22.8 million• Special Events - $2.87 million• Average Overhead per org – 2%*2

• Average Fundraising Cost – 9% of total expense *3

*1 – Total Govt. includes local, state, federal and unspecified govt. funding*2 - Average Overhead – sample size of 60 arts sector nonprofits*3 – Average Fundraising Cost – sample size of 60 arts sector nonprofits

National State of Arts Giving

• 2014 charitable giving totaled $456.7 billion, a 9.3% increase from 2013

• Arts Giving 5% of total - $20.3 Billion

• Arts Giving Expected to be down at about 4% This for 2015

Source: Atlas of Giving – 2014

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