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Miami City Ballet

Miami Beach, FL · EIN 59-2578534 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending April 30, 2025 (tax year 2024) · View the filing · Correct or respond

Miami City Ballet reported $27.0 million in revenue and $23.2 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $82.81 went to program services, $9.58 to management and general costs and $7.61 to fundraising. Its largest source of revenue was contributions and grants: 67.8% of the total. Government grants made up 29.2%. The highest compensation it reported for one person was $851,039 (ARTISTIC DIR). 13 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $23M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $27M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.8%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.6%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
7.6%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.10$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
67.8%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
29.2%1.7%
Program service revenue share
Part VIII 2g ÷ 12
31.5%20.8%
Highest reported compensation
Part VII-A, columns D–F
$851,039$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.67%2.03%
People paid over $100,000
Part VII, line 2
138
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
31.536.6
Independent voting board members
Part VI 1a–1b
41 of 43100.0%

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 expense
$17M expenses · 87.7% of program spending · revenue $6.1M

Presentation of ballet and community educational programs to the public. Approximately 72,300 people benefited

$2.4M expenses · 12.3% of program spending · revenue $2.3M

Promotion of ballet through the operation of a ballet school for children. Approximately 17,400 people benefited by participation in dance education through the school-year training, summer intensive programs, and community engagement

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ARTISTIC DIR
Director/trustee, officer, 60.00 hrs/week
$769,473$0$81,566$851,039
EXECUTIVE DI
Director/trustee, officer, 60.00 hrs/week
$367,502$0$13,752$381,254
CHIEF MKTG O
Highest compensated employee, 55.00 hrs/week
$241,233$0$13,647$254,880
SR.DIR.OFDEV
Highest compensated employee, 55.00 hrs/week
$204,178$0$6,167$210,345
CFO
Officer, 55.00 hrs/week
$162,945$0$9,867$172,812
SR.DIR.MAJOR
Highest compensated employee, 55.00 hrs/week
$139,264$0$10,667$149,931
DIRFDN&GOVTR
Highest compensated employee, 55.00 hrs/week
$132,480$0$9,036$141,516
SR. DIR. HR
Highest compensated employee, 55.00 hrs/week
$128,178$0$8,970$137,148

13 people received more than $100,000 in reportable compensation from Miami City Ballet (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$27M$23M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$27M$23M82.8%$61M$851,039
FY2024 ⓘ$24M$25M83.3%$60M$795,484
FY2023 ⓘ$24M$23M83.0%$62M$1,194,768
FY2022 ⓘ$20M$21M76.7%$14M$517,148
FY2021 ⓘ$17M$13M75.6%$15M$548,423
FY2020 ⓘ$24M$20M80.5%$11M$517,955

Governance 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–1b43 · 41 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 2Yes
  • 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 26Yes
  • 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 5400
  • Volunteers Part I, line 643

Private foundation grants it received

71 private foundations reported grants to Miami City Ballet totaling $5.1M 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 City Ballet'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 City Ballet, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Miami City Ballet's spending goes to programs?

In the fiscal year ending April 30, 2025, Miami City Ballet reported that 82.8% of its $23.2 million in expenses went to program services, 9.6% to management and general and 7.6% to fundraising (Form 990, Part IX).

How much does Miami City Ballet pay its top executive?

The largest total compensation Miami City Ballet reported for one person in the fiscal year ending April 30, 2025 was $851,039, for the role of ARTISTIC DIR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Miami City Ballet get its money?

Of $27.0 million in revenue in the fiscal year ending April 30, 2025, 67.8% came from contributions and grants (including 29.2% from government grants) and 31.5% from program service revenue (Form 990, Part VIII).

Is Miami City Ballet a registered charity?

The IRS lists EIN 59-2578534 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 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 April 30, 2025, object 202620359349301037 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202402629349300985 · read the filing
  • FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202333319349301008 · read the filing
  • FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202212779349300341 · read the filing
  • FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202102569349301220 · read the filing
  • FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202013159349302211 · read the filing

All filings for EIN 59-2578534: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.