Miami Arts
Also known as Miami Arts Charter School
Miami Arts reported $13.5 million in revenue and $12.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $48.51 went to program services, $51.49 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 79.6% of the total. Government grants made up 16.3%. The highest compensation it reported for one person was $150,000 (Founder and Principal). Revenue rose 35% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 48.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 51.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 16.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 16.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 79.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $150,000 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.24% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 3 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Miami Arts Charter School achieved its exempt purpose through its program services by prioritizing investment in human resources and instructional support. The first program expense encompassed salaries and benefits for teachers, student support service staff, and administrators, ensuring that qualified personnel were available to foster a rich educational environment. Additionally, the program allocated funds for payroll taxes, instructional technology support, and professional development travel expenses, which collectively enhanced the quality of education and supported the ongoing…
The School's second largest expense for amortization and depreciation significantly contributed to the achievement of its exempt purpose by reflecting the ongoing investment in its facilities and educational resources. This expense encompassed the gradual write-off of costs associated with physical assets, such as buildings, equipment, and technology, which are essential for providing a conducive learning environment. By accounting for the depreciation of these assets, the school ensures that it maintains high-quality infrastructure and resources that support its arts education programs. This…
The third category of expenses under management support services played a crucial role in achieving its exempt purpose. This category included salaries and benefits for administrative staff, which ensured effective governance and operational efficiency. Additionally, expenses were allocated for accounting services, legal fees, and compliance-related costs, all of which contributed to maintaining the school's accountability and transparency. By investing in these management support services, the school was able to create a stable and organized environment that supports its educational mission…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Founder and Principal Officer, key employee, highest compensated employee, 60 hrs/week | $150,000 | $0 | $0 | $150,000 |
| Assist Principal for Student Services & Support Key employee, 45 hrs/week | $120,000 | $0 | $0 | $120,000 |
0 people received more than $100,000 in reportable compensation from Miami Arts (Part VII, line 2). Compensation of current officers, directors and key employees totaled $380K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5116
Private foundation grants it received
1 private foundation reported grants to Miami Arts totaling $71 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Miami Arts's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Miami Arts, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Miami Arts spent in FY2025, $48.51 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Potters HouseWyoming, MI · revenue $13M · programs 78.8% · FY2025
- Mariners Christian SchoolCosta Mesa, CA · revenue $13M · programs 81.0% · FY2025
- Charitable Gift AmericaPonte Verdra Beach, FL · revenue $13M · programs 78.3% · FY2025
- Clark College District 14 FoundationVancouver, WA · revenue $13M · programs 66.7% · FY2025
- City AcademySt Louis, MO · revenue $13M · programs 78.7% · FY2025
Questions people ask
How much of Miami Arts's spending goes to programs?
In the fiscal year ending June 30, 2025, Miami Arts reported that 48.5% of its $12.1 million in expenses went to program services, 51.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Miami Arts pay its top executive?
The largest total compensation Miami Arts reported for one person in the fiscal year ending June 30, 2025 was $150,000, for the role of Founder and Principal (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Miami Arts get its money?
Of $13.5 million in revenue in the fiscal year ending June 30, 2025, 16.4% came from contributions and grants (including 16.3% from government grants) and 79.6% from program service revenue (Form 990, Part VIII).
Is Miami Arts a registered charity?
The IRS lists EIN 26-4790539 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620139349301202 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540579349300049 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410509349300126 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202440509349300039 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202330449349300218 · read the filing
All filings for EIN 26-4790539: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.