Salvador Dali Museum Inc
Nonprofit profile at a glance
- EIN
- 592015192
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- St Petersburg, FL, USA
- Phone
- 7278233767
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $22,409,456
- Expenses
- $12,582,030
- Assets
- $125,155,997
- Liabilities
- $1,314,267
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
39 people listed
Executive titles in this filing
- CHARLES HENRI HINE III (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- CHARLES HENRI HINE III (CHIEF EXECUTIVE OFFICER): $436,694 total reported compensation
- KATHY GREIF (CHIEF OPERATING OFFICER): $166,935 total reported compensation
- KIMBERLY ANN MACUARE (DIRECTOR OF EDUCATION): $139,630 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To educate the public and promote understanding, enjoyment, and scholarly examination of art through the exhibition of works by salvador dali and artists of similar vision to preserve and expand its collection of art of dali and related (continued on schedule o) archival material to be an active resource in the cultural life of our local, state, national, and world communities by the presentation of intriguing and varied exhibitions and programs.
What it reported doing in 2024
The salvador dali museum is the flagship of cultural tourism on the west coast of Florida and welcomed over 273,320 visitors in the past year from around the world. Our education and outreach programs serve the Florida, national, and world communities in a multitude of ways. The art of dali is interpreted through free docent tours, mp3 guided tours, signage, and the museum gallery guide. Our internet resources prepare visitors for their experience and offer educational information. Our student and teacher programs include student group tours, student surreal exhibitions in art and video, internships, junior and teen docent training programs, teacher curriculum workshops, and summer recreation programs. The museum offers weekly family-centric activities and tours and daily activities for young visitors to deepen their experience of salvador dali's work and the museum in general. The museum offers docent training classes to adults, docent-led tours of the main exhibits, and lecture and film series hosted on and off-site. The museum store - one of the most dynamic in the museum world with books and educational material as top sellers reflects and extends the exhibition experience both on site and online. Exhibition catalogs are published to accompany new exhibitions. The dali museum maintains strong partnerships with the community of st. Petersburg, Florida, the county it is located in, and the state of Florida as well as museums and educational institutions around the world. The museum's state of the art facility is designed to protect its collection and welcome its visitors. The museum strives to continually add to the collection with acquisitions of paintings, drawings and prints. The museum's extensive archival library is key to the advances in the academic research on topics from dali to surrealism and to interpretations of contemporary art today. The dali museum continues to preserve and protect its collection, making it available for the enjoyment and education of all people with special opportunities for the members of our local community, enhancing the public appreciation of salvador dali, his life, and his work.
Operating model
- Revenue model
- Other-operating. 62% of the money available for current operations came from other operating revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.8%; rating input score 76
- Program expense ratio: 86.5%; rating input score 87
- Fundraising efficiency: $5.76 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 43.9%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 9.95; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 75.8% of revenue deployed · 86.5% of spending went to programs
- Governance: 34 of 34 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $10.9M in reported program spending
- Leadership: top reported pay $437K · 39 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.1M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- High — Sustainability: Officer compensation ratio scored 17/100.