South Florida Art Center Inc
62% goes to programs $12 to raise $100 Strong reserves Growing revenue
South Florida Art Center Inc is a 501(c)(3) organization based in Miami Beach, Florida, registered in 1986, with $5,805,202 in FY2023 revenue. CharityIndex grades it B+, and it directs about 62% of spending to programs.
924 Lincoln Road Suite 205, Miami Beach, FL, 33139 EIN 59-2423867 Since 1986
Revenue (FY2023)
$5.8M
▲ 67.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$4.8M
Net assets
$119.7M
Employees
18
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating62% to programs · $12 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 South Florida Art Center Inc: 62% to programs · $12 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating299 mo reserves · +17% 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 South Florida Art Center Inc: 299 mo reserves · +17% 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 South Florida Art Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 South Florida Art Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of oolite arts is to support artists and advance the knowledge and practice of contemporary visual arts and culture in south florida. oolite arts creates opportunities for experimentation and innovation, and encourages the exchange of ideas across cultures through residencies, exhibitions, public programs, education and outreach.
What they do
Education and community engagement:a total of 404 in person and virtual classes and workshops for youth and adults are taught by 14 local artists. the led arts portfolio development program provides high school students with resources and information to advance their practice, write artist statements and gather the necessary materials for admission to visual arts colleges.the printshop provides a fully furnished printmaking studio with access to a charles brand etching press, brayers, general tools, cleaners, drying rack, silkscreen darkroom, flat files storage, and more. since 2018, the ellies awards have provided $3 million in funds to 280+ miami visual artists to produce new work. in addition, one artist receives a career achievement award and one artist working towards equity and inclusion through their art practice will receive the social justice award.
Exhibition and public programs:exhibitions and programs are organized by oolite staff and visiting curators. oolite presents three curated exhibitions per year at its 924 lincoln road space, which feature engaging new work by resident artists as well as local and nationally recognized artists. eight off-site exhibitions per year are organized at two walgreens storefronts, where artists create installations that are visible 24/7, and seen by 65,000 passersby per year. skills professional development workshops provide artists and filmmakers with the tools to advance their careers.
Contact & location
- Address
- 924 Lincoln Road Suite 205, Miami Beach, FL, 33139
- City
- Miami Beach
- State
- Florida
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts Services & Councils
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2013) to $5.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.1MNet assets $119.7M
Operating margin
17.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$120.8M
Total liabilities
$1.1M
Net assets
$119.7M
Salaries & benefits
$1.5M
31% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,805,202▲67.9% | $4,802,751▲12.2% | $119,729,077▲15.6% | $120,810,203▲15.2% | 990 |
| 2022 | $3,458,201▲23.6% | $4,279,686▼0.7% | $103,551,865▲7.0% | $104,830,712▲8.0% | 990 |
| 2021 | $2,798,052▼37.6% | $4,310,340▲7.1% | $96,791,073▼16.1% | $97,078,090▼16.1% | 990 |
| 2020 | $4,483,318▼25.3% | $4,025,048▼4.8% | $115,325,593▲9.4% | $115,639,689▲9.0% | 990 |
| 2019 | $6,003,483▲44.4% | $4,226,859▲9.9% | $105,460,116▲3.5% | $106,100,964▲3.5% | 990 |
| 2018 | $4,156,429▼42.5% | $3,846,304▲72.9% | $101,909,806▲0.2% | $102,554,834▲0.2% | 990 |
| 2017 | $7,227,256▲121% | $2,224,948▲8.8% | $101,741,325▲4.7% | $102,355,848▲4.7% | 990 |
| 2016 | $3,271,370▲94.0% | $2,044,558▲50.5% | $97,199,904▲9.3% | $97,757,104▲9.8% | 990 |
| 2015 | $1,686,513▼98.0% | $1,358,468▼1.5% | $88,904,570▲6.3% | $89,056,781▲6.3% | 990 |
| 2014 | $86,059,578▲8205% | $1,379,333▲18.5% | $83,606,764▲3807% | $83,749,323▲3606% | 990 |
| 2013 | $1,036,292 | $1,163,729▲10.3% | $2,139,960▼2.3% | $2,259,766▼2.6% | 990 |
| 2012 | — | $1,055,012 | $2,191,235 | $2,320,819 | 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 (FY2023)
Highest-paid: Dennis Scholl — $345,452 (7.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dennis Scholl | President & Ceo | 40 | $345,452 |
| Esther Park | Vp of Programming | 40 | $180,669 |
| Aaron Feinberg | Former Cfo | 40 | $124,920 |
| Alessandro Ferretti | Director | 2 | — |
| Edouard Duval Carrie | Director | 1 | — |
| Eric Rodriguez | Director | 2 | — |
| Germane Barnes | Director | 1 | — |
| Jeff Krinsky | Director | 2 | — |
| Kim Kovel | Director | 2 | — |
| Lilia Garcia | Director | 1 | — |
| Marie Elena Angulo | Director | 4 | — |
| Tangella S Maddox | Interim Cfo | 40 | — |
| Thomas Knapp | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Charles H Benson & Associates Architect | Architects | $514,550 |
Grants received · $967K total
20 grants to South Florida Art Center Inc totaling $967K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way Miami Inc | General support | 2024 | $17,247 |
| Mightycause Charitable Foundation | Unrestricted | 2024 | $6,102 |
| The Miami Foundation Inc | Program support | 2023 | $105,000 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $11,066 |
| United Way Miami Inc | General support | 2023 | $10,281 |
| The Miami Foundation Inc | Program support | 2022 | $50,854 |
| United Way Miami Inc | General support | 2022 | $5,895 |
| The Miami Foundation Inc | Program support | 2021 | $50,000 |
| Greater Miami Jewish Federation | — | 2021 | $10,000 |
| The Miami Foundation Inc | Program support | 2020 | $50,500 |
| The Miami Foundation Inc | Program support | 2020 | $10,000 |
| The Miami Foundation Inc | Program support | 2019 | $300,000 |
| The Miami Foundation Inc | Program support | 2018 | $85,000 |
| The Miami Foundation Inc | Program support | 2016 | $40,000 |
| The Miami Foundation Inc | Knight foundation - "knight arts challenge miami 2013" sponsorship | 2015 | $62,191 |
Grants made · $545K in FY2023
1 grant totaling $545K in FY2023. All grants made by South Florida Art Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| The Miami Foundation Inc | Grants to artists | $545,000 |
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Frequently asked questions
- Is South Florida Art Center Inc a legitimate nonprofit?
- Yes. South Florida Art Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2423867, based in Miami Beach, Florida. Donations are tax-deductible.
- What is South Florida Art Center Inc's EIN?
- South Florida Art Center Inc's Employer Identification Number (EIN) is 59-2423867.
- How much revenue does South Florida Art Center Inc report?
- South Florida Art Center Inc reported $5,805,202 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of South Florida Art Center Inc's spending goes to programs?
- South Florida Art Center Inc spends about 62% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does South Florida Art Center Inc have?
- CharityIndex grades South Florida Art Center Inc B+, based on program efficiency and fundraising cost.
- How much does South Florida Art Center Inc's highest-paid employee make?
- The highest reported compensation on South Florida Art Center Inc's latest Form 990 is $345,452, paid to Dennis Scholl (President & Ceo).
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Data for South Florida Art Center Inc (EIN 59-2423867) 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.