Museum Of Arts & Sciences: $5.8M Revenue, $4.9M 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. Total compensation for current officers and key employees was $199K (3.44% of revenue). NonprofitTruth efficiency grade: D (44/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $5.8M
- Total Expenses
- $4.9M
- Total Assets
- $79.4M
- Reserve Months
- 192.9 months
- Surplus / (Deficit)
- $850K
- EIN
- 591022050
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $199K
- Officer Comp % of Revenue
- 3.44%
Museum Of Arts & Sciences pulls a D on the efficiency rubric. The composite of 44/100 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.
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. Reserves are the limiting factor: Museum Of Arts & Sciences 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 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. Compensation for current officers and key employees runs $199,324 against $5.8M 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. 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 earns a NonprofitTruth efficiency grade of D (44/100). That is 12 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 3.44% of total revenue. The organization holds 192.9 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Museum Of Arts & Sciences reported $5.8M in revenue against $4.9M in total functional expenses for filing year 2023, holding roughly 192.9 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 $199K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 3.44% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Museum Of Arts & Sciences has a NonprofitTruth Efficiency Score of D (44/100), 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.
Museum Of Arts & Sciences, Donor FAQ
Museum Of Arts & Sciences has a NonprofitTruth Efficiency Score of D (44/100), 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.
Museum Of Arts & Sciences reports $199K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 3.44% of the organization's $5.8M 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.
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.
Museum Of Arts & Sciences holds approximately 192.9 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.
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.
Similar Arts, Culture & Humanities Nonprofits
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.