Salvador Dali Museum Inc
- Assets
- $91.8m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 167
- Location
- St Petersburg, FL
- Founding
- 05/1981
- Data as of
- 06/2022
- EIN
- 59-2015192
Organization Overview
Salvador Dali Museum Inc is located in St Petersburg, FL. The organization was established in 1981. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Salvador Dali Museum Inc employed 167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salvador Dali Museum 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 06/2022, Salvador Dali Museum Inc generated $16.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $10.4m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE AND PROMOTE UNDERSTANDING, ENJOYMENT, AND SCHOLARLY EXAMINATION OF ART
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SALVADOR DALI MUSEUM IS THE FLAGSHIP OF CULTURAL TOURISM ON THE WEST COAST OF FLORIDA AND WELCOMED OVER 320,557 VISITORS IN THE PAST YEAR FROM AROUND THE WORLD. OUR EDUCATION AND OUTREACH PROGRAMS SERVE THE FLORIDA, NATIONAL, AND WORLD COMMUNITIES IN A MULTITUDE OF WAYS. THE ART OF DALI IS INTERPRETED THROUGH FREE DOCENT TOURS, THROUGH OUR MP3 GUIDED TOURS, THROUGH SIGNAGE, AND THROUGH THE MUSEUM GALLERY GUIDE. OUR INTERNET RESOURCES PREPARE VISITORS FOR THEIR EXPERIENCE AND OFFER EDUCATIONAL INFORMATION TO THE VIRTUAL VISITOR. OUR STUDENT AND TEACHER PROGRAMS INCLUDE STUDENT GROUP TOURS, STUDENT SURREAL EXHIBITIONS IN ART AND VIDEO, INTERNSHIPS, JUNIOR AND TEEN DOCENT TRAINING PROGRAMS, TEACHER CURRICULUM WORKSHOPS, AND SUMMER RECREATION PROGRAMS. THE MUSEUM OFFERS WEEKLY FAMILY-CENTRIC ACTIVITIES AND TOURS, AND DAILY ACTIVITIES FOR YOUNG VISITORS TO DEEPEN THEIR EXPERIENCE OF DALI AND THE MUSEUM. THE MUSEUM OFFERS DOCENT TRAINING CLASSES TO ADULTS, DOCENT-LED TOURS OF THE MAIN EXHIBITS, AND LECTURE AND FILM SERIES HOSTED ON AND OFF-SITE. THE MUSEUM STORE - ONE OF THE MOST DYNAMIC IN THE MUSEUM WORLD, WITH BOOKS AND EDUCATIONAL MATERIAL AS TOP SELLERS - REFLECTS AND EXTENDS THE EXHIBITION EXPERIENCE BOTH ON SITE AND ONLINE. EXHIBITION CATALOGS ARE PUBLISHED TO ACCOMPANY NEW EXHIBITIONS. THE DALI MUSEUM MAINTAINS STRONG PARTNERSHIPS WITH THE COMMUNITY OF ST. PETERSBURG, THE COUNTY, AND THE STATE OF FLORIDA, AS WELL AS MUSEUMS AND EDUCATIONAL INSTITUTIONS GLOBALLY. AS A PARTNER WITH LOCALLY BASED BUSINESSES, THE MUSEUM IS AN ENGINE FOR ECONOMIC DEVELOPMENT IN FLORIDA. THE MUSEUM'S STATE OF THE ART FACILITY IS DESIGNED TO PROTECT ITS COLLECTION AND WELCOME ITS VISITORS. THE MUSEUM STRIVES TO CONTINUALLY ADD TO THE COLLECTION WITH ACQUISITIONS OF PAINTINGS, DRAWINGS AND PRINTS. THE MUSEUM'S EXTENSIVE ARCHIVAL LIBRARY IS KEY TO THE ADVANCES IN ACADEMIC RESEARCH ON TOPICS FROM DALI TO SURREALISM AND TO INTERPRETATIONS OF CONTEMPORARY ART TODAY. THE DALI MUSEUM CONTINUES TO PRESERVE AND PROTECT ITS COLLECTION, MAKING IT AVAILABLE FOR THE ENJOYMENT AND EDUCATION OF ALL PEOPLE, WITH SPECIAL OPPORTUNITIES FOR OUR LOCAL COMMUNITY, ENHANCING THE PUBLIC APPRECIATION OF SALVADOR DALI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Henri Hine III Executive Director | Officer | 60 | $553,140 |
Beth Bell Marketing Director | 45 | $126,411 | |
Brian Iacofano Facilities & It Director | 45 | $121,269 | |
Kathy Greif COO | Officer | 45 | $101,952 |
Karen Lang Johnston Chairman | OfficerTrustee | 4 | $0 |
Brad G Morse Vice Chairman | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dunn & Co Inc Advertising | 6/29/22 | $509,368 |
Omnispace 360 Llc Construction | 6/29/22 | $212,845 |
Winter Design Group Design | 6/29/22 | $189,704 |
Wallace Welch & Willingham Inc Insurance | 6/29/22 | $181,558 |
Goodby Silverstein & Partners Inc Advertising | 6/29/22 | $176,594 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $667,304 |
| Related organizations | $0 |
| Government grants | $709,803 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,367,822 |
| Noncash contributions included in lines 1a–1f | $100,779 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,744,929 |
| Total Program Service Revenue | $8,996,678 |
| Investment income | $1,328,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $299 |
| Net Rental Income | $6,170 |
| Net Gain/Loss on Asset Sales | $1,287,128 |
| Net Income from Fundraising Events | -$187,989 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,966,659 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,504,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $702,430 |
| Compensation of current officers, directors, key employees. | $140,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,040,979 |
| Pension plan accruals and contributions | $27,600 |
| Other employee benefits | $344,338 |
| Payroll taxes | $253,499 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,944 |
| Fees for services: Accounting | $36,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $132,054 |
| Fees for services: Other | $215,917 |
| Advertising and promotion | $870,443 |
| Office expenses | $351,430 |
| Information technology | $179,051 |
| Royalties | $0 |
| Occupancy | $687,924 |
| Travel | $29,330 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,691 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,134,922 |
| Insurance | $476,616 |
| All other expenses | $0 |
| Total functional expenses | $10,440,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,623,703 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $213,165 |
| Accounts receivable, net | $456,370 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $788,878 |
| Prepaid expenses and deferred charges | $330,610 |
| Net Land, buildings, and equipment | $25,155,280 |
| Investments—publicly traded securities | $54,938,466 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,304,741 |
| Total assets | $91,811,213 |
| Accounts payable and accrued expenses | $596,053 |
| Grants payable | $0 |
| Deferred revenue | $430,049 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,558 |
| Total liabilities | $1,044,660 |
| Net assets without donor restrictions | $74,859,605 |
| Net assets with donor restrictions | $15,906,948 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,811,213 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Salvador Dali Museum Inc has recieved totaling $116,770.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $51,660 |
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $17,500 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $14,668 |
Pinellas Community Foundation Clearwater, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Vinik Family Foundation Tampa, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,703 |
Endowment Analysis
| Beg. Balance | $44,935,217 |
| Earnings | -$7,417,148 |
| Net Contributions | $559,350 |
| Ending Balance | $38,077,419 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jorge M Perez Art Museum Of Miami Dade County Inc Miami, FL | $170,476,765 | $20,155,933 |
Norton Museum Of Art Inc West Palm Beach, FL | $222,458,211 | $26,618,274 |
Salvador Dali Museum Inc St Petersburg, FL | $91,811,213 | $16,504,517 |
Institute Of Contemporary Art Miami Inc Miami, FL | $55,226,437 | $8,674,913 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Deette Holden Cummer Museum Foundation Inc Jacksonville, FL | $55,301,594 | $7,203,933 |
James Museum Of Western Art St Petersburg, FL | $84,650,622 | $18,663,033 |
Boca Raton Museum Of Art Inc Boca Raton, FL | $21,164,716 | $6,166,794 |
Museum Of Fine Arts Of St Petersburg Fla Inc St Petersburg, FL | $51,064,193 | $3,959,049 |
Tampa Museum Of Art Inc Tampa, FL | $21,710,466 | $4,685,160 |
Orlando Museum Of Art Inc Orlando, FL | $14,433,730 | $4,128,087 |
Friends Of The Bass Museum Inc Miami Beach, FL | $15,827,665 | $3,183,331 |