Beaux Arts of the Lowe Art Museum of the University of Miami Inc
Nonprofit profile at a glance
- EIN
- 596131426
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Coral Gables, FL, USA
- Phone
- 3056688499
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $429,957
- Expenses
- $127,114
- Assets
- $1,390,855
- Liabilities
- $5,404
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- FRANCESCA VALDES (PRESIDENT)
- ANSLEY CAMPBELL (VICE PRESIDENT)
- ASHLEY ANDREN (IMMEDIATE PAST PRESIDENT)
- JORDAN KEVER (IMMEDIATE PAST PRESIDENT)
People named in this filing
- FRANCESCA VALDES (PRESIDENT)
- ANSLEY CAMPBELL (VICE PRESIDENT)
- CORY CUTHBERTSON (CO-CORRESPONDING SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Beaux arts is a volunteer organization whose purpose is to encourage an understanding and appreciation of the arts in south Florida. All proceeds from beaux arts go to serve this purpose. This includes offering outreach programs to children in the community, such as hands on! And the student artist showcase, where children have opportunities to learn about art and participate in the artistic process. Beaux arts also sponsors a festival of art every year at no cost to the patrons. Finally, beaux arts provides support to the lowe art museum by assisting with important art acquisitions, contributing to the museum's ongoing operation, and by enhancing its educational programming and outreach.
What it reported doing in 2024
Beaux arts was founded in 1952 by fifty members under the direction of anne atkinson, then assistant director of the newly built joe and emily lowe art gallery at the university of miami. The purpose of the group was to provide improvements, equipment and financial assistance to the lowe art museum. The organization now has over 450 volunteers and holds the annual festival of arts and is now a juried show with over 200 participating artists in 10 different mediums on the grounds of the university of miami. It is recognized as one of the leading art shows in the country and attracts acclaimed artists from all over the world. In 2002 beaux arts added the student artist showcase (sas) to the festival of art event weekend. Middle school and high school aged students from both public and private schools enter their works of art to a juried art contest. Over 350 art pieces are judged. The finalists and winners' works of art are exhibited at the lowe art museum during the festival of art weekend and a reception is held in their honor. Cash prizes are awarded to winners in five art categories. One student is honored with the best in show award.the beaux arts ball was instituted in 1953 as a major fundraising event, and holds the distinction of being the oldest costume ball in south Florida. Themes vary widely, from "noah's ark", "james bond", to "oceans away and the creativity of costumes makes each year a unique experience.in 1987, beaux arts introduced a new outreach project, "handson! A children's celebration in art." today the program brings underserved kids from all over miami-dade county to the museum for a day of fun and learning. The program enables students from title 1 elementary schools, as well as charlee homes for children, to visit the museum free of charge and with paid transportation, learn about specific exhibits and participate in art projects. In 2013, beaux arts doubled the size of this program and hosted over 700 elementary school children. In 2014, beaux reached outside of the museum setting and brought this art appreciation program to children residing at the chapman partnership homeless shelter. In1953 with support from beaux arts, the children's pavilion at the lowe was build and is the site of children's art classes/camp, held primarily during school breaks in the winter, spring, and summer. It is designed to encourage children, ages 5-12, to explore their own creativity. Beaux arts continues to expand the year-round class offerings, the proceeds of which benefit the lowe.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 86
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21%; rating input score 21
- Program expense ratio: 76.3%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 70.4%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 10.94; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -17% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -2.1% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 21% of revenue deployed · 76.3% of spending went to programs
- Governance: 22 of 22 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $97K in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.