Jorge M Perez Art Museum Of Miami Dade County Inc

Organization Overview

Jorge M Perez Art Museum Of Miami Dade County Inc is located in Miami, FL. The organization was established in 1981. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Jorge M Perez Art Museum Of Miami Dade County Inc employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jorge M Perez Art Museum Of Miami Dade County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Jorge M Perez Art Museum Of Miami Dade County Inc generated $20.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $17.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VARIOUS MUSEUM EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

VARIOUS ART EXHIBITIONS, EDUCATIONAL PROGRAMS, LECTURES AND OTHER RELATED EVENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allied Universal
Outsourced Security
$755,905
Century Risk Advisors
Insurance Broker
$532,996
Jones Lang Lasalle Americas Inc
Property Management
$311,135
Crozier Fine Arts Inc
Fine Art Shipping And Storage
$294,467
Pritchard Sports & Entertainment Group
Housekeeping Services
$253,129
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$247,191
Fundraising events$558,345
Related organizations$0
Government grants $6,109,645
All other contributions, gifts, grants, and similar amounts not included above$8,559,300
Noncash contributions included in lines 1a–1f $703,074
Total Revenue from Contributions, Gifts, Grants & Similar$15,474,481
Total Program Service Revenue$803,831
Investment income $411,908
Tax Exempt Bond Proceeds $0
Royalties $153,352
Net Rental Income $428,688
Net Gain/Loss on Asset Sales $1,611,466
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $223,876
Miscellaneous Revenue$0
Total Revenue $20,155,933

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Jorge M Perez Art Museum Of Miami Dade County Inc has recieved totaling $6,344,349.

Awarding OrganizationAmount
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$5,180,358
Miguel B Fernandez Fam Foundation Charitable Tr

Coral Gables, FL

PURPOSE: CHARITABLE SUPPORT OF PROGRAMS AND SERVICES

$495,664
Ford Foundation

New York, NY

PURPOSE: CORE SUPPORT FOR THE FUND FOR BLACK ART TO STRENGTHEN ITS PERMANENT AFRICAN AMERICAN ART COLLECTION

$250,000
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$121,250
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: ARTS AND CULTURE

$73,500
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$47,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$30,262,259
Earnings$2,517,664
Net Contributions$1,493,010
Ending Balance$34,249,836

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