Museum Of Arts & Sciences: $5.8M Revenue, $3.9M Program Expenses
Daytona Beach, Florida · EIN 591022050 · Filing year 2023
Museum Of Arts & Sciences reported $5.8M in total revenue, $4.9M in total expenses, and $79.4M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($3.9M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (63/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $5.8M
- Total Expenses
- $4.9M
- Program Expenses
- $3.9M
- Program Expense Ratio
- 78.0%
- Total Assets
- $79.4M
- Reserve Months
- 192.9 months
- EIN
- 591022050
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Museum Of Arts & Sciences earns a C on the efficiency rubric — the median bucket on the LakeQuality scale, indicating performance close to the national midpoint across program spending, executive compensation, and financial reserves. Composite score: 63/100.
With $5.8M in 2023 revenue, Museum Of Arts & Sciences is in the small-nonprofit bracket — typical of single-program organizations or regional chapters of larger national groups. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Museum Of Arts & Sciences's 2023 revenue is materially below its earlier filings. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Museum Of Arts & Sciences 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.
How Museum Of Arts & Sciences Compares
Museum Of Arts & Sciences directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 63/100 is 6 points below the Arts, Culture & Humanities category average. The organization holds 192.9 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Museum Of Arts & Sciences, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Museum Of Arts & Sciences has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Museum Of Arts & Sciences, Donor FAQ
Museum Of Arts & Sciences has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Museum Of Arts & Sciences is not reported in the most recent IRS 990 filing on file.
Museum Of Arts & Sciences reported $5.8M in annual revenue and $4.9M in total expenses for filing year 2023. The organization holds $79.4M in total assets.
For every dollar donated to Museum Of Arts & Sciences, approximately 78.0 cents goes to program activities. The organization has 192.9 months of operating reserves, providing financial stability to sustain its mission.
Museum Of Arts & Sciences is a registered 501(c) organization with EIN 591022050, based in Daytona Beach, Florida. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.