Florida Association Of Museums Foundation Inc
- Assets
- $216.6k
- Revenue
- $72.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 59-3067861
Organization Overview
Florida Association Of Museums Foundation Inc is located in Tallahassee, FL. The organization was established in 1992. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Association Of Museums Foundation 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 12/2021, Florida Association Of Museums Foundation Inc generated $72.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $59.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC THROUGH ATTENDANCE AND STUDY AT THE MUSEUMS OF FLORIDA AND THROUGH PUBLICATIONS AND OTHER COMMUNICATIONS MEDIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL MEETING AND WORKSHOPS ATTENDED BY APPROXIMATELY 250 MUSEUM STAFF PERSONS.
PUBLICATIONS, NEWSLETTER, AND ELECTRONIC COMMUNICATIONS TO INFORM APPROXIMATELY 900 INDIVIDUAL AND 50 AFFILIATE MEMBERS OF VARIOUS DEVELOPMENTS CONCERNING FLORIDA MUSEUMS. MATERIALS DISTRIBUTED INCLUDE BROCHURES AND BOOKLETS TO INFORM AND EDUCATE THE PUBLIC REGARDING VARIOUS MUSEUM EXHIBITS AND PROJECTS. DEVELOPMENT OF A MOBILE APP TO ENHANCE THE ABILITY OF MUSEUMS TO SERVE THE PUBLIC INTEREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malinda Horton Executive Director | Officer | 40 | $22,260 |
Ruth Meyers Vice Chair | OfficerTrustee | 1 | $0 |
Erin Wolfe Bell Chair | OfficerTrustee | 1 | $0 |
Wayne Atherholt Treasurer | OfficerTrustee | 1 | $0 |
Tiffany La Britt Board Member | Trustee | 1 | $0 |
Vinnie Luisi Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $65,327 |
| All other contributions, gifts, grants, and similar amounts not included above | $805 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,132 |
| Total Program Service Revenue | $6,265 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,399 |
| 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. | $22,260 |
| Compensation of current officers, directors, key employees. | $7,420 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,113 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,585 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $404 |
| All other expenses | $0 |
| Total functional expenses | $59,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $61,597 |
| Total assets | $216,606 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,734 |
| Total liabilities | $1,734 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $216,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Association Of Museums Foundation Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Civil And Humanrights Inc Atlanta, GA | $28,909,465 | $12,210,926 |
Atlanta Hall Management Inc Atlanta, GA | $34,614,233 | $3,372,998 |
Naval Aviation Museum Foundation Inc Pensacola, FL | $33,055,724 | $12,296,659 |
Cook Museum Of Natural Science Decatur, AL | $31,863,685 | $9,083,410 |
Sun N Fun Fly In Inc Lakeland, FL | $10,303,437 | $7,398,461 |
Museum Of Science & History Of Jacksonville Inc Jacksonville, FL | $14,983,828 | $9,624,822 |
Museum Of Arts & Sciences Daytona Beach, FL | $83,635,410 | $4,243,163 |
Georgia Museums Inc Cartersville, GA | $34,504,271 | $6,701,117 |
Museum Of Science And Industry Inc Tampa, FL | $2,652,725 | $2,773,775 |
Museum Of Aviation At Robins Air Force Base Georgia Foundation Inc Warner Robins, GA | $2,983,793 | $2,917,153 |
Morikami Inc Delray Beach, FL | $9,316,867 | $989,841 |
American Craftsman Museum Inc St Petersburg, FL | $120,648,081 | $3,873,100 |