2025-08-08T09:29:06-05:00 2024-09-30 204989621 VERDEJA & ALVAREZ LLP 255 ALHAMBRA CIR STE 630 CORAL GABLES FL 331347417 990 2023-10-01 592423867 SOUTH FLORIDA ART CENTER INC SOUT 3056748278 924 LINCOLN ROAD MIAMI BEACH FL 33139 TANGELLA S MADDOX INTERIM CFO 3056748278 2025-08-08 1 1 OCTAVIO A VERDEJA P00640853 3054463177 2025-08-07 2023 2025-03-06 01:10:19Z OOLITE ARTS JOHN ABODEELY 924 LINCOLN ROAD SUITE 205 MIAMI BEACH FL 33139 5915817 0 X WWW.OOLITEARTS.ORG X 1984 FL THE MISSION OF OOLITE ARTS IS TO SUPPORT ARTISTS AND ADVANCE THE KNOWLEDGE AND PRACTICE OF CONTEMPORARY VISUAL ARTS AND CULTURE IN SOUTH FLORIDA. OOLITE ARTS CREATES OPPORTUNITIES FOR EXPERIMENTATION AND INNOVATION, AND ENCOURAGES THE EXCHANGE OF IDEAS ACROSS CULTURES THROUGH RESIDENCIES, EXHIBITIONS, PUBLIC PROGRAMS, EDUCATION AND OUTREACH. 9 9 18 5 0 0 745550 750602 104159 77679 2454958 4776455 153960 200466 3458627 5805202 675000 651000 0 0 1567248 1512477 0 0 90370 2037438 2639274 4279686 4802751 -821059 1002451 104830712 120810203 1278847 1081126 103551865 119729077 X THE MISSION OF OOLITE ARTS IS TO SUPPORT ARTISTS AND ADVANCE THE KNOWLEDGE AND PRACTICE OF CONTEMPORARY VISUAL ARTS AND CULTURE IN SOUTH FLORIDA. OOLITE ARTS CREATES OPPORTUNITIES FOR EXPERIMENTATION AND INNOVATION, AND ENCOURAGES THE EXCHANGE OF IDEAS ACROSS CULTURES THROUGH RESIDENCIES, EXHIBITIONS, PUBLIC PROGRAMS, EDUCATION AND OUTREACH. 0 0 1650754 651000 1875685 RESIDENCY:THIRTEEN VISUAL ARTISTS ARE AWARDED FREE WORK STUDIOS AT 924 LINCOLN ROAD, AS WELL AS A $1,000 MONTHLY HOUSING STIPEND, AND BENEFIT FROM EXHIBITION AND TEACHING OPPORTUNITIES, OPEN STUDIO EVENTS AND STUDIO VISITS WITH GALLERISTS AND CURATORS. SOUTH FLORIDA BASED ARTISTS ARE SELECTED FOR TRAVEL RESIDENCY OPPORTUNITIES AT MASS MOCA IN NORTH ADAMS, MA. AND ARTPACE IN SAN ANTONIO, TX. THE CINEMATIC ARTS RESIDENCY AWARDS ONE MIAMI DADE FILMMAKER PER YEAR $50,000 IN FUNDING TO CREATE A MICRO BUDGET NARRATIVE FILM. 250332 EDUCATION AND COMMUNITY ENGAGEMENT:A TOTAL OF 404 IN PERSON AND VIRTUAL CLASSES AND WORKSHOPS FOR YOUTH AND ADULTS ARE TAUGHT BY 14 LOCAL ARTISTS. THE LED ARTS PORTFOLIO DEVELOPMENT PROGRAM PROVIDES HIGH SCHOOL STUDENTS WITH RESOURCES AND INFORMATION TO ADVANCE THEIR PRACTICE, WRITE ARTIST STATEMENTS AND GATHER THE NECESSARY MATERIALS FOR ADMISSION TO VISUAL ARTS COLLEGES.THE PRINTSHOP PROVIDES A FULLY FURNISHED PRINTMAKING STUDIO WITH ACCESS TO A CHARLES BRAND ETCHING PRESS, BRAYERS, GENERAL TOOLS, CLEANERS, DRYING RACK, SILKSCREEN DARKROOM, FLAT FILES STORAGE, AND MORE. SINCE 2018, THE ELLIES AWARDS HAVE PROVIDED $3 MILLION IN FUNDS TO 280+ MIAMI VISUAL ARTISTS TO PRODUCE NEW WORK. IN ADDITION, ONE ARTIST RECEIVES A CAREER ACHIEVEMENT AWARD AND ONE ARTIST WORKING TOWARDS EQUITY AND INCLUSION THROUGH THEIR ART PRACTICE WILL RECEIVE THE SOCIAL JUSTICE AWARD. 1062554 EXHIBITION AND PUBLIC PROGRAMS:EXHIBITIONS AND PROGRAMS ARE ORGANIZED BY OOLITE STAFF AND VISITING CURATORS. OOLITE PRESENTS THREE CURATED EXHIBITIONS PER YEAR AT ITS 924 LINCOLN ROAD SPACE, WHICH FEATURE ENGAGING NEW WORK BY RESIDENT ARTISTS AS WELL AS LOCAL AND NATIONALLY RECOGNIZED ARTISTS. EIGHT OFF-SITE EXHIBITIONS PER YEAR ARE ORGANIZED AT TWO WALGREENS STOREFRONTS, WHERE ARTISTS CREATE INSTALLATIONS THAT ARE VISIBLE 24/7, AND SEEN BY 65,000 PASSERSBY PER YEAR. SKILLS PROFESSIONAL DEVELOPMENT WORKSHOPS PROVIDE ARTISTS AND FILMMAKERS WITH THE TOOLS TO ADVANCE THEIR CAREERS. 2963640 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 108 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X X TANGELLA S MADDOX 3056748278 924 LINCOLN ROAD MIAMI BEACH FL 33139 ALESSANDRO FERRETTI DIRECTOR 2.00 X 0 0 0 EDOUARD DUVAL CARRIE DIRECTOR 1.00 X 0 0 0 ERIC RODRIGUEZ DIRECTOR 2.00 X 0 0 0 GERMANE BARNES DIRECTOR 1.00 X 0 0 0 JEFF KRINSKY DIRECTOR 2.00 X 0 0 0 KIM KOVEL DIRECTOR 2.00 X 0 0 0 LILIA GARCIA DIRECTOR 1.00 X 0 0 0 MARIE ELENA ANGULO DIRECTOR 4.00 X 0 0 0 THOMAS KNAPP DIRECTOR 1.00 X 0 0 0 DENNIS SCHOLL PRESIDENT & CEO 40.00 X 345452 0 0 TANGELLA S MADDOX INTERIM CFO 40.00 X 0 0 0 ESTHER PARK VP OF PROGRAMMING 40.00 X 180669 0 0 AARON FEINBERG FORMER CFO 40.00 X 124920 0 0 651041 0 0 3 1 1 0 CHARLES H BENSON & ASSOCIATES ARCHITECT 407 LINCOLN RD SUITE 9L MIAMI BEACH FL 33139 ARCHITECTS 514550 1 26905 648583 75114 750602 EDUCATION 77679 77679 77679 3208180 3208180 155150 0 155150 155150 155150 1568275 0 1568275 1568275 1568275 81350 110615 -29265 -29265 MISCELLANEOUS INCOME 74581 74581 74581 5805202 1875685 0 3178915 X 545000 545000 106000 106000 343345 192954 150391 973432 435725 498758 38949 25053 11961 12351 741 92207 44024 45458 2725 78440 37449 38668 2323 932099 383218 517424 31457 23428 23428 48225 25206 17193 5826 221587 164526 50689 6372 28485 28485 279345 223477 55868 74895 59916 14979 ARTIST FEES 383037 383037 INVESTMENT FEES 332859 332859 RENTALS 146521 146521 PROPERTY TAXES 56626 45301 11325 112167 107412 2778 1977 4802751 2963640 1748741 90370 593225 387125 24033 61102 129755 88997 14099271 3058928 10973118 11040343 93104692 109218647 5889 13989 104830712 120810203 379863 315342 545700 406950 353284 358834 1278847 1081126 X 101659878 117320586 1891987 2408491 103551865 119729077 104830712 120810203 1002451 15174761 0 X 0 1 X 1 0 X 1007047 570920 646737 745550 750602 3720856 1007047 570920 646737 745550 750602 3720856 3720856 1730994 1514167 2024765 2356966 3208180 10835072 14555928 8133243 0.25560 0.27060 X SOUTH FLORIDA ART CENTER, INC. ("SFAC")(D/B/A OOLITE ARTS) ASSERTS THAT SFAC QUALIFIES AS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(IV) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (THE "CODE") IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.170A-9(E)(3) (THE "10% SUPPORT TEST.") SFAC RECEIVED 27.06% OF ITS SUPPORT DURING FISCAL YEAR 2022, AND 25.56% IN 2023 FROM THE GENERAL PUBLIC WITHIN THE MEANING OF SECTION 170(B)(1)(A)(IV) OF THE CODE. AS DESCRIBED BELOW, SFAC SATISFIES THE TEST SET FORTH IN SECTION 1.170A-9(E)(3) OF THE TREASURY REGULATIONS WITH RESPECT TO THE 10% SUPPORT TEST AND, THEREFORE, CONSTITUTES A PUBLICLY SUPPORTED ORGANIZATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE.SFAC WAS FORMED IN 1984. THE MISSION OF OOLITE ARTS IS TO SUPPORT ARTISTS AND ADVANCE THEKNOWLEDGE AND PRACTICE OF CONTEMPORARY VISUAL ARTS. OOLITE ARTS CREATES OPPORTUNITIES FOR EXPERIMENTATION AND INNOVATION, AND ENCOURAGES THE EXCHANGE OF IDEAS ACROSS DIVERSE CULTURES THROUGH RESIDENCIES, EXHIBITIONS, PUBLIC PROGRAMS, EDUCATION AND OUTREACH.FROM ITS INCEPTION UNTIL 2014, SFAC ATTRACTED SUPPORT ON A CONTINUING BASIS THAT QUALIFIED UNDER THE 33 1/3 SUPPORT TEST. IN 2014, SFAC SOLD ONE OF ITS BUILDINGS FOR A SUBSTANTIAL AMOUNT AND THE EARNINGS ON THE PROCEEDS HAVE RESULTED IN THE SUPPORT FRACTION FALLING BELOW 33 1/3%. SFAC,NEVERTHELESS, CONTINUALLY SEEKS TO RAISE MONEY FROM A REPRESENTATIVE NUMBER OF PERSONS THROUGH MAILINGS AND PERSONAL SOLICITATION OF PROSPECTIVE DONORS.SFAC HAS A REPRESENTATIVE GOVERNING BOARD WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.170A-9(E)(3)(V). BOARD MEMBERS INCLUDE INDIVIDUALS WHO ARE ACTIVE IN THE ARTS COMMUNITY.THERE IS SUBSTANTIAL PUBLIC PARTICIPATION IN THE PROGRAMS AND ACTIVITIES OF SFAC. UPWARDS OF 60,000 TO 70,000 VISITORS A YEAR VIEW WORK PRODUCED BY SFAC COMMISSIONED ARTISTS AT PUBLIC EXHIBITIONS SPACES AT WALGREENS AND MOUNT SINAI HOSPITAL. APPROXIMATELY 10,000 MEMBERS OF THE PUBLIC PARTICIPATE IN PUBLIC PROGRAMS PUT ON BY SFAC THROUGHOUT THE GREATER MIAMI-DADE REGION AND ITS HOME ON LINCOLN ROAD. SFAC PRODUCES EXHIBITIONS OF CONTEMPORARY ART AND RELATED PROGRAMS ON A REGULAR BASIS THAT ARE ALL OPEN TO THE PUBLIC.ACCORDINGLY, SFAC SATISFIES THE FACTORS CONTAINED IN TREASURY REGULATION SECTION 1.170A-9(E)(3) UNDER THE 10% SUPPORT TEST. THEREFORE, SFAC SHOULD CONTINUE TO CONSTITUTE A PUBLICLY SUPPORTED ORGANIZATION UNDER THE 10% SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 92604692 19617944 3503989 108718647 86412616 9862250 3670174 92604692 105871057 -15081606 4376835 86412616 97583222 13093145 4805310 105871057 94286629 6384063 3087470 97583222 0.97780 0.02220 0 0 1296900 1296900 7421279 2514278 4907001 165676 156439 9237 263672 180634 83038 4951744 207577 4744167 11040343 SECURITY DEPOSITS PAYABLE 51684 FUNDS DUE TO ARTISTS 307150 358834 X 20757719 15174761 -222244 14952517 5805202 0 5805202 4580507 -222244 -222244 4802751 0 4802751 PART III, LINE 1A: THE ORGANIZATION ACQUIRED APPROXIMATELY $60,000 WORTH OF ARTWORK THAT THEY INTEND TO DISPLAY IN THEIR NEW BUILDING WHEN COMPLETED AND THEN DONATE THE ARTWORK TO THE BEST MUSUEM POSSIBLE. PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 9/30/24, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUTE OF LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -332,859. SPECIAL EVENT EXPENSES 110,615. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -332,859. SPECIAL EVENT EXPENSES 110,615. SPECIAL EVENT 81350 81350 110615 81350 81350 110615 110615 -29265 0 THE MIAMI FOUNDATION 40 NW 3RD ST SUITE 305 MIAMI FL 33128 650350357 501C3 0 545000 GRANTS TO ARTISTS STUDIO ARTIST HOUSING STIPENDS 106000 FMV STUDIO ARTIST HOUSING STIPENDS X 1 1 X 0 0 0 0 0 0 0 0 0 DENNIS SCHOLL PRESIDENT & CEO 324683 0 0 0 20769 0 0 0 0 0 345452 0 0 0 ESTHER PARK VP OF PROGRAMMING 180669 0 0 0 0 0 0 0 0 0 180669 0 0 0 AARON FEINBERG FORMER CFO 108478 0 0 0 16442 0 0 0 0 0 124920 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL THE DIRECTORS AND KEY EMPLOYEES SIGN THE CONFLICT OF INTEREST EVERY YEAR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 383,218. MANAGEMENT AND GENERAL EXPENSES 517,424. FUNDRAISING EXPENSES 31,457. TOTAL EXPENSES 932,099. LROA LLC 924 LINCOLN ROAD SUITE 205 MIAMI BEACH FL 33139 833073670 HOLDING PROPERTY FL SOUTH FLORIDA ART CENTER INC