Arts, Culture & Humanities
(A23)
990 on File
GREATER MIAMI FESTIVALS ASSOCIATION INC
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$82K
Total Revenue
$69K
Total Expenses
$46K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
65.2%
Fundraising Efficiency
N/A
Operating Reserve
8.04x
Liability-to-Asset
0.0%
Revenue Diversification
61.0%
Compared with Peers
FY 2024
Compared with 11,905 similar organizations
(United States, Arts, Culture & Humanities, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
65.2% | 82.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.0 mo | 16.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.0% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-10.5% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-18.9% | 1.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
16.0% | 9.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $82K | $69K | $46K | 65.2% | — |
| 2023 | $91K | $85K | $33K | 59.7% | — |
| 2022 | $65K | $64K | $26K | 23.0% | — |
| 2021 | $128K | $60K | N/A | — | 1 |
| 2020 | $51K | $43K | N/A | — | 1 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.