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philanthropy
Florida's Best, Worst Charities
Some are better than others at keeping expenses in check. Here's a statewide roundup.
Philharmonic Center for the Arts — Naples
Revenue | $29,355,117 | |
Expenses | $26,285,439 | |
Program expenses | $24,030,358 | 91.4% |
Administrative expenses | $1,516,442 | 5.8% |
Fund-raising expenses | $738,639 | 2.8% |
Fund-raising efficiency: 8 cents is spent in fund raising for every $1 raised. |
Myra Janco Daniels takes a personal approach to fund raising. [Photo: éBella Magazine] |
As for administrative costs, Daniels says the center has an advantage because there is one umbrella organization. It oversees the orchestra, Philharmonic Center, Naples Museum of Art and a school of the arts.
Daniels’ mission to build a chamber orchestra — which became the Naples Philharmonic Orchestra — began in the early 1980s. A chance call to the late Frances “Frannie” Pew Hayes at the start of her fund raising led to a $25,000 donation and an invitation to a Pew Foundation meeting where she asked for $2 million to build the arts center. She got it and then persuaded Byron Koste, then-president of Westinghouse Communities — now WCI — to donate 8½ acres of prime property at Pelican Bay.
Today, Daniels says, “It is not easy. Costs are going up.” The struggling real estate market is impacting donations by middle-income residents. Long term, she says, “You have the problem of teaching the Baby Boomers how to give.”
Still, Daniels knows that the affluent Naples market gives her an advantage: “Most of our big donors are captains of industry.”