Olympia Center INC FY2020 filing

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Olympia Center Inc. is a non-profit cultural arts organization that produces and presents Performing Arts, Visual Arts, History & Humanities programming to audiences in Downtown Miami and throughout South Florida.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$108K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $32K a year · 5% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $7K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$808K
160% of total assets
Concern: liabilities are 160% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
Spent
$1.7M
To programs
89%
Net assets
−$304K
By yearFY2020–FY2025
Revenue
$1.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$1.2M
FY2022$385K
FY2023$344K
FY2024$241K
FY2025$168K
Expenses
$1.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$879K
FY2022$489K
FY2023$388K
FY2024$405K
FY2025$223K
Net assets
−$304K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$304K
FY2021$27K
FY2022$16K
FY2023−$28K
FY2024−$192K
FY2025−$247K

From the FY2020 Form 990 (year ending September 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.5M Management & general 11% · $191K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$108,470Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Robert Geitner’s $28K as Executive Director is at the 14th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert Geitner$28,000$34,000$50,000$50,000$50,000$108,470

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Olympia Center INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves and promotes a downtown cultural institution for community use.

Questions for Olympia Center INC

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1 program · $1.5M · in their own filed words · FY2019
01

To preserve and promote the olympia center theater and office building as a dynamic, downtown cultural institution.

$1.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$7K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Other incomeLn 4–11$739K
Fees for servicesLn 2g$604K
Gifts and grantsLn 1h$215K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.5M
Managementcol C$191K
Owns and owesPt X
−$304K
net assets · Ln 32
Cash and savingsLn 1–2$340K
Total assetsLn 16$504K
LiabilitiesLn 26$808K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$215K
Government grantsLn 1e$214K
Fees for servicesLn 2g$604K
Other incomeLn 4–11$739K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$340K
Cash and savings togetherLn 1–2$340K
Accounts receivableLn 4$160K
Inventories for sale or useLn 8$3K
Total assetsLn 16$504K
LiabilitiesLn 26$808K
Net assetsLn 32−$304K
OperationsPt I, VI
EmployeesI 59
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$540K$340K
Total assetsLn 16$652K$504K
LiabilitiesLn 26$817K$808K
Net assetsLn 32−$166K−$304K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$108K
Other salaries and wagesLn 7$326K$245K$82K
Other employee benefitsLn 9$109K$81K$27K
Payroll taxesLn 10$33K$24K$8K
Management feesLn 11a$61K$61K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$44K$33K$11K
Information technologyLn 14$9K$7K$2K
InsuranceLn 23$91K$91K
Other expenses (24a–d)Ln 24$730K$730K
All other expensesLn 24e$169K$169K
Total functional expensesLn 25$1.7M$1.5M$191K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 30, 2026 $168K$223K−$55K−$247K 990 PDF
FY2024Filed with the IRS Aug 14, 2025 $241K$405K−$164K−$192K 990 PDF
FY2023Filed with the IRS Aug 15, 2024 $344K$388K−$44K−$28K 990 PDF
FY2022Filed with the IRS Aug 14, 2023 $385K$489K−$104K$16K 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $1.2M$879K$312K$27K 990 PDF
FY2020 ViewingFiled with the IRS Aug 10, 2021 $1.6M$1.7M−$139K−$304K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $1,558,932 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $173,233$215,354
I-9 Program service revenuePrior year $1,146,272$604,090
I-10 Investment income$0
I-11 Other revenuePrior year $724,746$739,488
I-12 Total revenuePrior year $2,044,251$1,558,932
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $609,815$575,795
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,286,634$1,121,872
I-18 Total expensesPrior year $1,896,449$1,697,667
I-19 Revenue less expensesPrior year $147,802−$138,735
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,558,932 across 6 lines filed
VIII-1e Government grants$214,168
VIII-1f All other contributions, gifts and grants$1,186
VIII-1h Total contributions, gifts and grants$215,354
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $604,090$604,090
VIII-6 Net rental income or lossRelated to mission $739,488$739,488
VIII-12 Total revenueRelated to mission $1,343,578$1,558,932
Part IX · Statement of functional expenses $1,697,667 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $108,470$108,470
IX-7 Other salaries and wagesPrograms $244,630 · Management $81,543$326,173
IX-9 Other employee benefitsPrograms $81,377 · Management $27,126$108,503
IX-10 Payroll taxesPrograms $24,487 · Management $8,162$32,649
IX-11a Management feesManagement $61,092$61,092
IX-12 Advertising and promotionPrograms $17,370$17,370
IX-13 Office expensesPrograms $33,199 · Management $11,067$44,266
IX-14 Information technologyPrograms $6,685 · Management $2,228$8,913
IX-23 InsurancePrograms $91,262$91,262
IX-24 Other expenses (24a–d)Programs $730,008$730,008
IX-24e All other expensesPrograms $168,961$168,961
IX-25 Total functional expensesPrograms $1,506,449 · Management $191,218 · Fundraising $0$1,697,667
Part X · Balance sheet $503,950 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $539,519$340,427
X-4 Accounts receivableStart of year $108,669$160,069
X-8 Inventories for sale or useStart of year $3,454$3,454
X-16 Total assetsStart of year $651,642$503,950
X-17 Accounts payable and accrued expensesStart of year $225,973$224,125
X-19 Deferred revenueStart of year $465,944$226,564
X-25 Other liabilitiesStart of year $125,280$357,551
X-26 Total liabilitiesStart of year $817,197$808,240
X-27 Net assets without donor restrictionsStart of year −$165,555−$304,290
X-32 Total net assets or fund balancesStart of year −$165,555−$304,290
X-33 Total liabilities and net assetsStart of year $651,642$503,950
Part XI · Reconciliation of net assets −$304,290 net assets at year end
XI-1 Total revenue$1,558,932
XI-2 Total expenses$1,697,667
XI-3 Revenue less expenses−$138,735
XI-4 Net assets at start of year−$165,555
XI-10 Net assets at end of year−$304,290

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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