Delmar Multi-cultural Arts Academy Inc is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2012, with $1,770,667 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.8M
▲ 0.6% vs prior year
Education median: $200K
Expenses (FY2024)
$1.8M
Net assets
$453K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Delmar Multi-cultural Arts Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Delmar Multi-cultural Arts Academy Inc: 3 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Delmar Multi-cultural Arts Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Delmar Multi-cultural Arts Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $700K (FY2020) to $1.8M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$482K
Total liabilities
$30K
Net assets
$453K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,770,667▲0.6% | $1,760,992▲9.2% | $452,667▲3.2% | $482,358▲2.1% | 990 |
| 2023 | $1,760,712▲46.9% | $1,612,159▲43.7% | $438,559▲51.2% | $472,545▲50.0% | 990 |
| 2022 | $1,198,822▲16.9% | $1,121,502▲26.9% | $290,006▲36.4% | $315,006▲48.1% | 990 |
| 2021 | $1,025,399▲46.5% | $883,440▲26.6% | $212,686▲201% | $212,686▲201% | 990 |
| 2020 | $699,809 | $697,723 | $70,727 | $70,727 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
10 grants to Delmar Multi-cultural Arts Academy Inc totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Early Learning Coalition of Broward County Inc | Childcare reimb | 2024 | $102,171 |
| Early Learning Coalition of Broward County Inc | Childcare reimb | 2024 | $38,936 |
| Early Learning Coalition of Broward County Inc | Child care reimbursements and other grants (non-recurring) to providers | 2023 | $119,118 |
| Early Learning Coalition of Broward County Inc | Child care reimbursements and other grants (non-recurring) to providers | 2023 | $66,608 |
| Early Learning Coalition of Broward County Inc | Childcare | 2022 | $233,568 |
| Early Learning Coalition of Broward County Inc | Childcare | 2022 | $172,640 |
| Early Learning Coalition of Broward County Inc | Childcare | 2021 | $136,370 |
| Early Learning Coalition of Broward County Inc | Childcare | 2020 | $86,297 |
| Early Learning Coalition of Broward County Inc | Childcare | 2020 | $86,297 |
| Early Learning Coalition of Broward County Inc | Childcare services | 2019 | $54,156 |
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Data for Delmar Multi-cultural Arts Academy Inc (EIN 27-4548961) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.