Key West Art & Historical Society Inc

Organization Overview

Key West Art & Historical Society Inc is located in Key West, FL. The organization was established in 1965. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Key West Art & Historical Society Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Key West Art & Historical Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Key West Art & Historical Society Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.7m during the year ending 09/2021. While expenses have increased by 0.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE HUMANITIES, ART AND HISTORY OF THE FLORIDA KEYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WHILE THE SOCIETY WAS STILL IN RECOVERY FROM THE IMPACTS OF COVID-19, THE SOCIETY HOSTED SEVERAL ROTATING EXHIBITS AT THE CUSTOM HOUSE MUSEUM, UPDATED DISPLAYS AT ITS OTHER 3 MUSEUMS AND RESUMED A NORMAL PROGRAMMING SCHEDULE. AT THE START OF THE FISCAL YEAR, MANY OF THE PROGRAMS LIKE THE DISTINGUISHED SPEAKER SERIES AND HAPPY HOUR WITH THE HISTORIAN WERE VIRTUAL. BY THE END OF THE FISCAL YEAR, THESE PROGRAMS SHIFTED TO AN IN-PERSON AND VIRTUAL HYBRID. EDUCATION OUTREACH OCCURRED THROUGHOUT THE YEAR AND THE SOCIETY HOSTED ITS ANNUAL YOUTH SUMMER PROGRAM ARTCAMP!. SIGNATURE SPECIAL EVENTS LIKE THE CONCH REVIVAL PICNIC, CUSTOM HOUSE HOLIDAY CONCERT & BAZAAR, AND CONCERT SERIES RESUMED.


OPERATION OF MUSEUM GIFT STORES, WHICH PROVIDE PATRONS OF THE MUSEUMS WITH ART, BOOKS AND OTHER EDUCATIONAL ITEMS RELATED TO KEY WEST AND ITS HISTORY.


CONDUCT EDUCATIONAL PROGRAMS, INTRODUCING ADULTS AND CHILDREN TO THE JOYS OF LEARNING HISTORY AND CREATING ART. PROGRAMMING: -ARTCAMP: ARTCAMP IS AN ANNUAL PROGRAM DURING THE SUMMER PROVIDING HALF-DAY AND FULL-DAY ART CLASSES TO CHILDREN. SCHOLARSHIPS ARE PROVIDED FOR MANY UNDERPRIVILEGED CHILDREN. ARTCAMP RAN FOR FIVE WEEKS DURING THE SUMMER. -THE DISTINGUISHED SPEAKER SERIES, WHICH BEGAN IN FISCAL YEAR 2014, CONTINUED THROUGH FISCAL YEAR 2017. THIS SERIES FOCUSED ON HOUR-LONG TALKS EVERY OTHER THURSDAY NOVEMBER THROUGH APRIL. SPEAKERS INCLUDED LOCAL ARTISTS AND HISTORIANS, AS WELL JOHN HEMINGWAY, GRANDSON OF ERNEST HEMINGWAY, AND TD ALLMAN. -CURATOR SESSIONS BEGAN - A MONTHLY HOUR-LONG TALK WITH OUR CURATOR ABOUT RELEVANT TOPICS, TAKING PLACE AT THE CUSTOM HOUSE MUSEUM.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Gieda
Executive Director
$100,122
Jay Hall
Treasurer
$0
Sam Kaufman
2nd Vice President
$0
John O'leary
1st Vice President
$0
Emma Starr
Secretary
$0
Enid Torregrosa
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $165,708
All other contributions, gifts, grants, and similar amounts not included above$953,332
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,119,040
Total Program Service Revenue$1,136,675
Investment income $14,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $71,173
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $24,184
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $226,024
Miscellaneous Revenue$0
Total Revenue $2,771,144

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Key West Art & Historical Society Inc has recieved totaling $50,892.

Awarding OrganizationAmount
Dogwood Foundation

Poolville, TX

PURPOSE: CONTRIBUTION

$40,000
Community Foundation Of The Florida Keys

Key West, FL

PURPOSE: general operating support

$8,750
Pheasant Hill Foundation Inc

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$1,000
The Clements Family Charitable Trust

Key West, FL

PURPOSE: GENERAL FUNDING

$1,000
Shell Oil Company Foundation

Houston, TX

PURPOSE: MG

$100
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$42
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$175,183
Earnings$42,479
Admin Expense$23,359
Ending Balance$194,303

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