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Arts, Culture & Humanities · 2024 Form 990

Artis Naples Inc: $36.9M Revenue, $39.4M Expenses

Naples, Florida · EIN 592322926 · Filing year 2024

Artis Naples Inc reported $36.9M in total revenue, $39.4M in total expenses, and $256.3M in total assets on its 2024 IRS Form 990. Total compensation for current officers and key employees was $2.4M (6.40% of revenue). NonprofitTruth efficiency grade: D (42/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
42/100

Key Facts (2024 Form 990)

Total Revenue
$36.9M
Total Expenses
$39.4M
Total Assets
$256.3M
Reserve Months
78.0 months
Surplus / (Deficit)
$-2,508,334
EIN
592322926
Latest 990 Year
2024
Current-Officer Compensation
$2.4M
Officer Comp % of Revenue
6.40%

Artis Naples Inc pulls a D on the efficiency rubric. The composite of 42/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

Artis Naples Inc reported $36.9M in 2024 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Artis Naples Inc runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue has been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Officer compensation is on the higher side of the band typical for nonprofits this size: $2.4M in total current-officer compensation against $36.9M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Artis Naples Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$36.9M
Revenue
$39.4M
Expenses
$256.3M
Total Assets
$2.4M
Officer Compensation

How Artis Naples Inc Compares

Artis Naples Inc earns a NonprofitTruth efficiency grade of D (42/100). That is 14 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 6.40% of total revenue. The organization holds 78.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$39.4M
Total Expenses
Filing year 2024
$2.4M
Officer Compensation
6.40% of revenue
78.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Artis Naples Inc reported $36.9M in revenue against $39.4M in total functional expenses for filing year 2024, holding roughly 78.0 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $2.4M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 6.40% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Artis Naples Inc has a NonprofitTruth Efficiency Score of D (42/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Artis Naples Inc, Donor FAQ

Artis Naples Inc has a NonprofitTruth Efficiency Score of D (42/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Artis Naples Inc reports $2.4M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 6.40% of the organization's $36.9M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Artis Naples Inc reported $36.9M in annual revenue and $39.4M in total expenses for filing year 2024. The organization holds $256.3M in total assets.

Artis Naples Inc holds approximately 78.0 months of operating reserves (total assets relative to annual expenses) based on its 2024 IRS Form 990, one input into its D efficiency grade.

Artis Naples Inc is a registered 501(c) organization with EIN 592322926, based in Naples, Florida. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.