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Arts, Culture & Humanities · 2023 Form 990

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.

C
Efficiency Score
63/100

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.


$5.8M
Revenue
$4.9M
Expenses
$79.4M
Total Assets
78.0%
Program Spending

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.

Financials

Where Your Donation Goes

$3.9M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
192.9 mo
Reserve Months
of expenses in assets

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.

Trend

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.

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

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.