Miami Dade North Arts & Humanities Foundation Inc
EIN: 463941154 · Miami, FL · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $663K |
| Total Expenses | $500K |
| Net Assets | $348K |
Is Miami Dade North Arts & Humanities Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Miami Dade North Arts & Humanities Foundation Inc
Miami Dade North Arts & Humanities Foundation Inc (EIN: 463941154) is a nonprofit organization based in Miami, FL, classified under NTEE code A50. The organization reported total revenue of $663K and total assets of $458K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miami Dade North Arts & Humanities Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miami Dade North Arts & Humanities Foundation Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 174.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $894K |
| Total Expenses | $500K |
| Surplus / Deficit | +$394K |
| Total Assets | $906K |
| Total Liabilities | $558K |
| Net Assets | $348K |
| Operating Margin | 44.0% |
| Debt-to-Asset Ratio | 61.6% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, Miami Dade North Arts & Humanities Foundation Inc reported a surplus of $394K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 61.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Miami Dade North Arts & Humanities Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 174.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +164.7% | +6.3% | +613.4% |
| 2022 | +225.4% | +503.1% | -59.4% |
| 2021 | +140.2% | +632.5% | +406.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Miami Dade North Arts & Humanities Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Miami Dade North Arts & Humanities Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $394K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.6%.
Frequently Asked Questions about Miami Dade North Arts & Humanities Foundation Inc
Is Miami Dade North Arts & Humanities Foundation Inc a legitimate charity?
Miami Dade North Arts & Humanities Foundation Inc (EIN: 463941154) is a registered tax-exempt nonprofit based in Florida. It has 4 years of IRS 990 filings on record. Total revenue: $663K. No red flags identified. Financial health grade: A.
How does Miami Dade North Arts & Humanities Foundation Inc spend its money?
Miami Dade North Arts & Humanities Foundation Inc reported $663K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Miami Dade North Arts & Humanities Foundation Inc tax-deductible?
Miami Dade North Arts & Humanities Foundation Inc is registered as a tax-exempt nonprofit (EIN: 463941154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Miami Dade North Arts & Humanities Foundation Inc located?
Miami Dade North Arts & Humanities Foundation Inc is headquartered in Miami, Florida and files with the IRS under EIN 463941154. It is classified under NTEE code A50.
How many years of IRS 990 filings does Miami Dade North Arts & Humanities Foundation Inc have?
Miami Dade North Arts & Humanities Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $663K in total revenue.
Filing History
IRS 990 filing history for Miami Dade North Arts & Humanities Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Miami Dade North Arts & Humanities Foundation Inc's revenue has grown by 1969%, moving from $43K to $894K. Total assets increased by 1367.2% over the same period, from $62K to $906K. Total functional expenses rose by 4596.5%, from $11K to $500K. In its most recent filing year (2023), Miami Dade North Arts & Humanities Foundation Inc reported a surplus of $394K, with revenue exceeding expenses. The organization holds $558K in liabilities against $906K in assets (debt-to-asset ratio: 61.6%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $894K | $500K | $906K | $558K | — | — |
| 2022 | $338K | $470K | $127K | $172K | — | View 990 |
| 2021 | $104K | $78K | $312K | $225K | — | View 990 |
| 2020 | $43K | $11K | $62K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $894K, expenses of $500K, and assets of $906K (revenue +164.7% year-over-year).
- 2022: Revenue of $338K, expenses of $470K, and assets of $127K (revenue +225.4% year-over-year).
- 2021: Revenue of $104K, expenses of $78K, and assets of $312K (revenue +140.2% year-over-year).
- 2020: Revenue of $43K, expenses of $11K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miami Dade North Arts & Humanities Foundation Inc:
Data Sources and Methodology
This transparency report for Miami Dade North Arts & Humanities Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.