Diaspora Vibe Cultural Arts Incubator

Nonprofit profile at a glance

EIN
020546537
IRS 990 coverage
2018–2025
Forms available
Form 990 2025, Form 990-EZ 2017, Form 990-N 2014
Location
Miami, FL, USA
Phone
3055424277
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$808,985
Expenses
$754,340
Assets
$425,415
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

People named in this filing

  • ROY WALLACE (BOARD MEMBER)
  • GORDON MYERS (BOARD MEMBER)
  • MARLON HILL (BOARD MEMBER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Diaspora Vibe Cultural Arts Incubator (DVCAI) mission is to promote, nurture and cultivate the vision and diverse talent of emerging artist from the Caribbean and Latin American diaspora through our exhibition, artist-in-residence, international exchange and outreach programs.

What it reported doing in 2025

DVCAI is a virtual nomadic museum space providing opportunities for emerging artist to showcase their works. We inspire artist to experiment and design without passing judgement on their cultural heritage. We initiate dialogue and provide a critical platform -a popup space for artist to mature. Curated Exhibitions: National Young Arts Foundation, Redline Contemporary Art Space, the Univ.of Miami Gallery, The Corcoran Museum of Art, The Harvey B. Gantt Center, The Miami Design District, Sarasota Art Museum, and The GreenSpace. International Cultural Exchanges in Bermuda, Suriname, Panama, Belize, Jamaica, Antigua and Aruba. We Create Zoom education sessions and podcasts to expose the various talents and exhibitions. We moderate complex topics with artists and support the fundraising of our peers. We curate speakers panels and populate the DVCAI archive at the Special Collections of the Univ of Miami and dLOC at the Univ of Florida. 2025 is our 29th anniversary

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 63
  • Accountability: 79
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 84
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 15th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 23rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 6.8%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 12.9% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 13.8% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 89.6% of spending went to programs
  • Governance: 11 of 13 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $676K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.