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Arts, Culture & Humanities · 2023 Form 990

Society Of The Four Arts: $18.5M Revenue, $12.1M Expenses

Palm Beach, Florida · EIN 590454318 · Filing year 2023

Society Of The Four Arts reported $18.5M in total revenue, $12.1M in total expenses, and $114.1M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $939K (5.07% of revenue). NonprofitTruth efficiency grade: C (51/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
51/100

Key Facts (2023 Form 990)

Total Revenue
$18.5M
Total Expenses
$12.1M
Total Assets
$114.1M
Reserve Months
112.8 months
Surplus / (Deficit)
$6.4M
EIN
590454318
Latest 990 Year
2023
Current-Officer Compensation
$939K
Officer Comp % of Revenue
5.07%

Society Of The Four Arts earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 51/100.

Society Of The Four Arts reported $18.5M 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. On the financial-health factor, Society Of The Four Arts runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Five-year revenue trajectory is strongly positive: Society Of The Four Arts has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is on the higher side of the band typical for nonprofits this size: $938,985 in total current-officer compensation against $18.5M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Society Of The Four Arts 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.


$18.5M
Revenue
$12.1M
Expenses
$114.1M
Total Assets
$939K
Officer Compensation

How Society Of The Four Arts Compares

Society Of The Four Arts earns a NonprofitTruth efficiency grade of C (51/100). That is 5 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 5.07% of total revenue. The organization holds 112.8 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$12.1M
Total Expenses
Filing year 2023
$939K
Officer Compensation
5.07% of revenue
112.8 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Society Of The Four Arts reported $18.5M in revenue against $12.1M in total functional expenses for filing year 2023, holding roughly 112.8 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 $939K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 5.07% 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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Society Of The Four Arts has a NonprofitTruth Efficiency Score of C (51/100), 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.

Society Of The Four Arts, Donor FAQ

Society Of The Four Arts has a NonprofitTruth Efficiency Score of C (51/100), 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.

Society Of The Four Arts reports $939K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 5.07% of the organization's $18.5M 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.

Society Of The Four Arts reported $18.5M in annual revenue and $12.1M in total expenses for filing year 2023. The organization holds $114.1M in total assets.

Society Of The Four Arts holds approximately 112.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Society Of The Four Arts is a registered 501(c) organization with EIN 590454318, based in Palm 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 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.