Museum of Arts & Sciences
72% goes to programs $0 to raise $100 Strong reserves Growing revenue
Museum of Arts & Sciences is a 501(c)(3) organization based in Daytona Beach, Florida, registered in 1965, with $153,950,955 in FY2024 revenue. CharityIndex grades it A, and it directs about 72% of spending to programs.
352 S Nova Rd, Daytona Beach, FL, 32114 EIN 59-1022050 Since 1965
Revenue (FY2024)
$154.0M
▲ 2559.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$6.1M
Net assets
$231.9M
Employees
63
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating72% to programs · $0 to raise $100
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. For Museum of Arts & Sciences: 72% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating453 mo reserves · +96% 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 Museum of Arts & Sciences: 453 mo reserves · +96% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Museum of Arts & Sciences: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Museum of Arts & Sciences: 4 of 5 disclosure signals earns a A 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.
Mission
The museum of arts and sciences, inc. purpose is to render educational and cultural services to the community through the collection, preservation, conservation and interpretation of original and significant objects that are the cultural heritage of this community. particular emphasis is directed to programs for bringing about a better understanding and appreciation of art, the world in which we live, and the natural and social sciences embodied in the history of mankind.
Contact & location
- Address
- 352 S Nova Rd, Daytona Beach, FL, 32114
- City
- Daytona Beach
- State
- Florida
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $5.5M (FY2013) to $154.0M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $241KNet assets $231.9M
Operating margin
96.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$232.1M
Total liabilities
$241K
Net assets
$231.9M
Salaries & benefits
$2.1M
35% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $153,950,955▲2560% | $6,144,147▲24.4% | $231,879,514▲193% | $232,120,906▲192% | 990 |
| 2023 | $5,787,821▲32.6% | $4,938,304▲6.8% | $79,065,003▲4.4% | $79,367,718▲4.1% | 990 |
| 2022 | $4,364,950▲2.9% | $4,624,927▲17.8% | $75,722,169▼9.1% | $76,243,903▼8.8% | 990 |
| 2021 | $4,243,163▼11.0% | $3,926,318▼0.3% | $83,288,851▲5.0% | $83,635,410▲4.8% | 990 |
| 2020 | $4,767,988▼73.0% | $3,936,704▼9.9% | $79,292,945▲3.3% | $79,803,454▲3.5% | 990 |
| 2019 | $17,658,476▲323% | $4,369,586▲11.1% | $76,763,308▲25.8% | $77,114,776▲25.8% | 990 |
| 2018 | $4,174,285▲139% | $3,932,607▲0.3% | $61,034,249▼0.5% | $61,284,471▼0.4% | 990 |
| 2016 | $1,744,578▼49.4% | $3,921,662▲2.6% | $61,335,377▼1.5% | $61,528,660▼1.5% | 990 |
| 2015 | $3,446,406▼83.3% | $3,822,346▲12.3% | $62,269,480▲1.1% | $62,466,631▼0.1% | 990 |
| 2014 | $20,598,678▲277% | $3,402,649▲46.4% | $61,599,458▲37.0% | $62,536,314▲34.5% | 990 |
| 2013 | $5,469,533 | $2,323,824▲15.5% | $44,960,751▲7.5% | $46,495,739▲7.9% | 990 |
| 2012 | — | $2,011,564▼3.3% | $41,831,087▼11.1% | $43,082,777▼8.8% | 990 |
| 2011 | — | $2,079,721▼34.1% | $47,038,084▼28.6% | $47,244,127▼28.5% | 990 |
| 2010 | — | $3,156,047▲25.2% | $65,910,193▲8.8% | $66,093,351▲8.6% | 990 |
| 2009 | — | $2,521,225 | $60,571,741 | $60,835,177 | 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.
Leadership & compensation (FY2024)
Highest-paid: Tabitha Schmidt — $190,956 (3.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tabitha Schmidt | Executive Di | 40 | $190,956 |
| Allison Morris-zacharias | Trustee | 5 | — |
| Andrew Watts | Treasurer | 10 | — |
| Ann Phillips | Secretary | 10 | — |
| Bill Chapin | Vice Preside | 10 | — |
| Bruce Heugel | Trustee | 5 | — |
| Cici Brown | Trustee Liai | 10 | — |
| Dr Kent Sharples | Assistant Vp | 5 | — |
| Jack White | Assistant Tr | 10 | — |
| Jeri Delgado | Trustee | 5 | — |
| Jill Simpkins | Trustee | 5 | — |
| Judge Belle Schumann | Trustee | 5 | — |
| Judge Katherine Hurst Miller | Trustee | 5 | — |
| Randy Dye | Trustee | 5 | — |
| Sherry Erbe | Trustee | 5 | — |
| Todd Huffstickler | President | 10 | — |
| Tom Hart | Past Preside | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| M Arthur Gensler Jr & Associates | Master Plan | $501,304 |
| All Florida Mechanical Services LLC | Air Condition | $162,390 |
| Deangelo's Land Services | Land Clearing | $120,305 |
| Dme Delivers | Framing Artwork | $109,887 |
| Vann Data | Computer Servic | $106,290 |
Grants received · $261K total
17 grants to Museum of Arts & Sciences totaling $261K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Arts and culture | 2024 | $102,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $20,000 |
| Embry-riddle Aeronautical | Exhibit sponsorship | 2023 | $15,000 |
| Ayco Charitable Foundation | Arts and culture | 2023 | $15,000 |
| Memorial Health Systems Inc | General support | 2023 | $10,000 |
| Embry-riddle Aeronautical | Exhibit sponsorship | 2022 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| Embry-riddle Aeronautical | Exhibit sponsorship | 2021 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $10,000 |
| Embry-riddle Aeronautical | Exhibit sponsorship | 2020 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $10,000 |
| American Online Giving Foundation Inc | General support | 2020 | $7,524 |
| American Online Giving Foundation Inc | General support | 2020 | $7,524 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2020 | $5,000 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2020 | $5,000 |
Similar organizations in Arts & Culture
Arts & Culture
Society of the Four Arts
Palm Beach, FL
$118.4M
B+annual revenue
Arts & Culture
Dr Phillips Center For the Performing Arts Inc
Orlando, FL
$61.5M
Aannual revenue
Arts & Culture
Raymond F Kravis Center For the Performing Arts Inc
West Palm Bch, FL
$54.6M
Bannual revenue
Arts & Culture
Adrienne Arsht Center Trust Inc
Miami, FL
$51.1M
Bannual revenue
Arts & Culture
Cox Science Center and Aquarium Inc
West Palm Bch, FL
$43.9M
Bannual revenue
- Arts & Culture
Sjc Cultural Events Inc
St Augustine, FL
$43.6M
C+annual revenue
- Arts & Culture
Artis-naples Inc
Naples, FL
$42.0M
Bannual revenue
Arts & Culture
Florida West Coast Symphony Inc
Sarasota, FL
$42.0M
Aannual revenue
Arts & Culture
Jorge M Perez Art Museum of Miami Dade County Inc
Miami, FL
$38.4M
Bannual revenue
Arts & Culture
Norton Museum of Art Inc
West Palm Bch, FL
$34.5M
Bannual revenue
Compare Museum of Arts & Sciences
Frequently asked questions
- Is Museum of Arts & Sciences a legitimate nonprofit?
- Yes. Museum of Arts & Sciences is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1022050, based in Daytona Beach, Florida. Donations are tax-deductible.
- What is Museum of Arts & Sciences's EIN?
- Museum of Arts & Sciences's Employer Identification Number (EIN) is 59-1022050.
- How much revenue does Museum of Arts & Sciences report?
- Museum of Arts & Sciences reported $153,950,955 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Museum of Arts & Sciences's spending goes to programs?
- Museum of Arts & Sciences spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Museum of Arts & Sciences have?
- CharityIndex grades Museum of Arts & Sciences A, based on program efficiency and fundraising cost.
- How much does Museum of Arts & Sciences's highest-paid employee make?
- The highest reported compensation on Museum of Arts & Sciences's latest Form 990 is $190,956, paid to Tabitha Schmidt (Executive Di).
More nonprofits in Daytona Beach
Explore more
Data for Museum of Arts & Sciences (EIN 59-1022050) 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.