Morada Way Arts & Cultural District Inc
Only null% goes to programs Strong reserves Growing revenue
Morada Way Arts & Cultural District Inc is a 501(c)(3) organization based in Islamorada, Florida, registered in 2011, with $99,566 in FY2023 revenue. CharityIndex grades it B.
151 Morada Way, Islamorada, FL, 33036 EIN 27-5269482 Since 2011
Revenue (FY2023)
$100K
▼ 5.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$93K
Net assets
$159K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Morada Way Arts & Cultural District Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +7% margin
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 Morada Way Arts & Cultural District Inc: 21 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Morada Way Arts & Cultural District Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Morada Way Arts & Cultural District Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 151 Morada Way, Islamorada, FL, 33036
- City
- Islamorada
- State
- Florida
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts & Cultural Organizations
- Website
- …
Financial trends
Revenue declined from $199K (FY2013) to $100K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $135KNet assets $159K
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$294K
Total liabilities
$135K
Net assets
$159K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $99,566▼5.0% | $92,896▲2.3% | $159,069▲4.4% | $293,674▲0.9% | 990EZ |
| 2022 | $104,760▲24.1% | $90,822▲26.9% | $152,401▲8.0% | $291,125▲2.5% | 990EZ |
| 2021 | $84,431▲19.5% | $71,565▲9.8% | $141,153▲10.0% | $283,969▲1.8% | 990EZ |
| 2020 | $70,683▲1.1% | $65,199▲2.6% | $128,285▲4.5% | $278,856▼0.1% | 990EZ |
| 2019 | $69,938▼13.4% | $63,572▼15.8% | $122,801▲5.5% | $279,208▲0.3% | 990EZ |
| 2018 | $80,718▼19.7% | $75,470▼52.9% | $116,435▲4.7% | $278,322▼3.1% | 990EZ |
| 2017 | $100,474▼13.4% | $160,125▼4.5% | $111,187▼36.6% | $287,181▼0.4% | 990EZ |
| 2016 | $116,006▼46.8% | $167,631▼20.3% | $175,323▼22.8% | $288,267▼14.5% | 990 |
| 2015 | $217,879▼13.4% | $210,278▼4.6% | $227,011▲5.4% | $337,318▼3.0% | 990 |
| 2014 | $251,476▲26.3% | $220,446▲13.7% | $215,311▲417% | $347,785▲528% | 990 |
| 2013 | $199,104 | $193,891 | $41,658 | $55,400 | 990EZ |
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.
Grants received · $125K total
1 grant to Morada Way Arts & Cultural District Inc totaling $125K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2014 | $125,000 |
Similar organizations in Arts & Culture
Arts & Culture
Captiva Island Historical Society
Captiva, FL
$100K
Bannual revenue
- Arts & Culture
National Society of the Daughters of the American Revolution
West Palm Beach, FL
$99K
C+annual revenue
Arts & Culture
St Johns River Festival of the Arts Inc In Historic Sanford Fl
Sanford, FL
$100K
Bannual revenue
- Arts & Culture
Friends of the Arts In the Bahamas Inc
Miami, FL
$100K
Cannual revenue
- Arts & Culture
Legacy Communities of North Florida
Tallahassee, FL
$100K
annual revenue
- Arts & Culture
Artists Guild of Anna Maria Island
Holmes Beach, FL
$100K
Bannual revenue
- Arts & Culture
Future Generations of Saint Lucie County
Fort Pierce, FL
$100K
Dannual revenue
Arts & Culture
Florida Elementary Music Educators Association Inc
Winter Park, FL
$99K
Bannual revenue
Arts & Culture
Cocoa Beach Art Show Inc
Cocoa Beach, FL
$99K
Bannual revenue
- Arts & Culture
Camerata of Naples Inc
Naples, FL
$100K
C+annual revenue
Compare Morada Way Arts & Cultural District Inc
Frequently asked questions
- Is Morada Way Arts & Cultural District Inc a legitimate nonprofit?
- Yes. Morada Way Arts & Cultural District Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-5269482, based in Islamorada, Florida. Donations are tax-deductible.
- What is Morada Way Arts & Cultural District Inc's EIN?
- Morada Way Arts & Cultural District Inc's Employer Identification Number (EIN) is 27-5269482.
- How much revenue does Morada Way Arts & Cultural District Inc report?
- Morada Way Arts & Cultural District Inc reported $99,566 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Morada Way Arts & Cultural District Inc have?
- CharityIndex grades Morada Way Arts & Cultural District Inc B, based on financial health (reserves and operating margin).
More nonprofits in Islamorada
Explore more
Data for Morada Way Arts & Cultural District Inc (EIN 27-5269482) 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.