Miami Art League Inc is located in Miami Shores, FL. The organization was established in 1958. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Miami Art League 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 04/2022, Miami Art League Inc generated $29.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $35.7k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ART CLASSES AND INSTRUCTIONS FOR OVER 50 ARTISTS. EXHIBITIONS OF STUDENTS WORK ATTRACT 100S OF GUESTS.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $29,135 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,139 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,229 |
Occupancy, rent, utilities, and maintenance | $29,334 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $186 |
Total expenses | $35,749 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $39,962 |
Other assets | $0 |
Total assets | $39,962 |
Total liabilities | $0 |
Net assets or fund balances | $39,962 |
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