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Arts, Culture & Humanities · 2023 Form 990

Jorge M Perez Art Museum Of Miami Dade County Inc: $41.3M Revenue, $21.6M Expenses

Miami, Florida · EIN 592048869 · Filing year 2023

Jorge M Perez Art Museum Of Miami Dade County Inc reported $41.3M in total revenue, $21.6M in total expenses, and $179.1M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.1M (2.77% of revenue). NonprofitTruth efficiency grade: C (55/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
55/100

Key Facts (2023 Form 990)

Total Revenue
$41.3M
Total Expenses
$21.6M
Total Assets
$179.1M
Reserve Months
99.4 months
Surplus / (Deficit)
$19.7M
EIN
592048869
Latest 990 Year
2023
Current-Officer Compensation
$1.1M
Officer Comp % of Revenue
2.77%

The composite efficiency score of 55/100 puts Jorge M Perez Art Museum Of Miami Dade County Inc at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

Jorge M Perez Art Museum Of Miami Dade County Inc reported $41.3M in 2023 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. Reserves are the limiting factor: Jorge M Perez Art Museum Of Miami Dade County Inc carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Jorge M Perez Art Museum Of Miami Dade County Inc reported $41.3M in 2023, up notably from the start of the window. Compensation for current officers and key employees runs $1.1M against $41.3M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Jorge M Perez Art Museum Of Miami Dade County 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.


$41.3M
Revenue
$21.6M
Expenses
$179.1M
Total Assets
$1.1M
Officer Compensation

How Jorge M Perez Art Museum Of Miami Dade County Inc Compares

Jorge M Perez Art Museum Of Miami Dade County Inc earns a NonprofitTruth efficiency grade of C (55/100). That is 1 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 2.77% of total revenue. The organization holds 99.4 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$21.6M
Total Expenses
Filing year 2023
$1.1M
Officer Compensation
2.77% of revenue
99.4 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Jorge M Perez Art Museum Of Miami Dade County Inc reported $41.3M in revenue against $21.6M in total functional expenses for filing year 2023, holding roughly 99.4 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 $1.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.77% 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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Jorge M Perez Art Museum Of Miami Dade County Inc has a NonprofitTruth Efficiency Score of C (55/100), 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.

Jorge M Perez Art Museum Of Miami Dade County Inc, Donor FAQ

Jorge M Perez Art Museum Of Miami Dade County Inc has a NonprofitTruth Efficiency Score of C (55/100), 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.

Jorge M Perez Art Museum Of Miami Dade County Inc reports $1.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.77% of the organization's $41.3M 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.

Jorge M Perez Art Museum Of Miami Dade County Inc reported $41.3M in annual revenue and $21.6M in total expenses for filing year 2023. The organization holds $179.1M in total assets.

Jorge M Perez Art Museum Of Miami Dade County Inc holds approximately 99.4 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Jorge M Perez Art Museum Of Miami Dade County Inc is a registered 501(c) organization with EIN 592048869, based in Miami, 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.