Cade Museum for Creativity & Invention
Legal name: Cade Museum Foundation Inc
Nonprofit profile at a glance
- EIN
- 201884134
- IRS 990 coverage
- 2017–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-PF 2011
- Location
- Gainesville, FL, United States
- Phone
- (352) 371-8001
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $2,594,919
- Expenses
- $1,986,169
- Assets
- $6,325,943
- Liabilities
- $531,440
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- BRADLEY GAMBLE (CEO)
Highest reported compensation
- BRADLEY GAMBLE (CEO): $172,615 total reported compensation
- JENNA OSTAS (COO): $116,616 total reported compensation
- PHIL WAITE (CFO): $105,962 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To inspire and educate the next generation of inventors and innovators through hands-on, interactive experiences that spark creativity and a passion for learning.
What it reported doing in 2025
Museum activities - cade museum foundation, inc. Engaged in activities to develop curriculum and exhibits and maintain collections for the cade museum for creativity and invention.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 71
- Accountability: 72
- Sustainability: 72
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.4%; rating input score 72
- Program expense ratio: 94.6%; rating input score 95
- Fundraising efficiency: $56.55 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 23.5%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 3.18; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0.1%; rating input score 80; 80th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 19th percentile among comparable filings
- Revenue growth: -9.6% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -7.5% per year; rating input score 0; 2nd percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site
- Where the money goes: 72.4% of revenue deployed · 94.6% of spending went to programs
- Governance: 5 of 6 board members independent · 5 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $1.9M in reported program spending
- Leadership: top reported pay $173K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.