Museum of Contemporary Art Inc

Nonprofit profile at a glance

EIN
592085261
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
North Miami, FL, USA
Phone
3058936211
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Art Museums

Official website

Reported finances

Revenue
$4,807,904
Expenses
$3,883,104
Assets
$5,234,368
Liabilities
$1,208,202

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

19 people listed

People named in this filing

  • DR RUDOLPH MOISE (CHAIRMAN)
  • WHIT WILLIAMS (VICE CHAIR)
  • WILLIAM M LEHMAN JR (CHAIRMAN EME)

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

The mission of the musuem of contemporary art is to contemporary art accesible to diverse audiences - especially underserved populations through the collection, preservation and exhibition of the best of contemporary art and its art historical influences. In fiscal year 2024, the museum of contemporary art, north miami (moca) continued its mission of making contemporary art accessible to the diverse communities of south Florida. With a legacy spanning over 25 years, moca welcomed more than 60,000 visitors annually, offering free admission to north miami residents and presenting a dynamic slate of exhibitions, educational programs, and public events.

What it reported doing in 2024

Exhibitions and artistic programming moca presented a robust schedule of exhibitions, highlighting historically underrepresented artists and movements, newly commissioned works by south Florida artists, and selections from its permanent collection. These exhibitions centered on african-american, haitian, caribbean, and latin- american contemporary artists, reflecting the cultural richness of the region. Community outreach and partnerships moca expanded its off-site programming through partnerships with local schools, libraries, and senior centers: moca at the library: weekly free art workshops for middle and high school students at north miami public library and brockway memorial library. Art workshops for seniors: monthly (and later bi-monthly) hands-on art sessions at the joe celestin center in partnership with the city of north miami's housing & social services department. Community tours: 4-6 free exhibition tours annually for local schools and community partners, with optional hands-on workshops. Public programs and cultural events moca's free public programs fostered community dialogue and cultural appreciation: jazz at moca: monthly outdoor concerts featuring diverse jazz genres, with extended gallery hours and free admission. Conversations at moca: 3-4 annual panel discussions with artists and thought leaders. Artist & curator tours: guided tours accompanying each major exhibition. Moca also actively participated in over a dozen city of north miami events, including la gran fiesta, haitian flag day, juneteenth, earth day, and the annual tree lighting ceremony, further embedding the museum in the cultural fabric of the community.

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
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 a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 25
  • Transparency & Controls: 92
  • Accountability: 94
  • Sustainability: 65
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.2%; rating input score 24
  • Program expense ratio: 28.6%; rating input score 29
  • Fundraising efficiency: $5.9 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.2%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 3% per year; rating input score 100; 28th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: -6.4% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 24.2% of revenue deployed · 28.6% of spending went to programs
  • Governance: 18 of 18 board members independent · 6 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Highest-paid contractors: 1 contractor listed · $116K reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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 24/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • High — Financial Efficiency: Fundraising efficiency scored 21/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.