Miami Beach Arts Trust Inc
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 11/1999
- Data as of
- 09/2022
- EIN
- 65-0944084
Organization Overview
Miami Beach Arts Trust Inc is located in Miami Beach, FL. The organization was established in 1999. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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 Beach Arts Trust 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 09/2022, Miami Beach Arts Trust Inc generated $54.0k 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 (6.5%) each year. All expenses for the organization totaled $43.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 7 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
SEE STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey Burstein President | 5 | $0 | |
Sharon Kerston Secretary | 5 | $0 | |
Bibi Andrade Officer | 1 | $0 | |
Liz Pellici Treasurer | 1 | $0 | |
Vivian San Juan Officer | 1 | $0 | |
Michelle Solomon Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,457 |
| Total Program Service Revenue | $23,543 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $54,003 |
| 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 | $30,965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,146 |
| Total expenses | $43,502 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,102 |
| Other assets | $0 |
| Total assets | $19,647 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,647 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Miami Beach Arts Trust Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Broward Performing Arts Foundation Inc Fort Lauderdale, FL | $22,267,625 | $6,295,369 |
Alabama Educational Television Foundation Authority Birmingham, AL | $11,749,441 | $5,899,982 |
Udt-Seal Museum Association Inc Fort Pierce, FL | $11,703,499 | $4,225,376 |
Tampa Bay Performing Arts Center Foundation Inc Tampa, FL | $58,693,450 | $5,079,168 |
Bellingrath Gardens And Home Foundation Inc Theodore, AL | $4,998,208 | $3,680,917 |
Sarasota Performing Arts Center Foundation Inc Sarasota, FL | $17,775,293 | $3,231,495 |
The Callanwolde Foundation Inc Atlanta, GA | $3,540,357 | $1,973,152 |
Birmingham Negro Southern League Museum Foundation Birmingham, AL | $525,950 | $1,055,962 |
John & Mable Ringling Museum Of Art Foundation Sarasota, FL | $7,269,339 | $1,949,232 |
Liberty Regional Medical Center Inc Hinesville, GA | $65,773 | $1,307,530 |
Friends Of The Uffizi Gallery Inc Palm Beach, FL | $431,458 | $549,429 |
Jacksonville Symphony Foundationinc Jacksonville, FL | $11,614,969 | $1,244,585 |