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Florida · Nonprofit

Grace Arts Center Inc

Grace Arts Center Inc (Florida) receives grants from 5 organizations whose IRS filings report $110,599 to it, the largest being COMMUNITY FOUNDATION OF BROWARD INC ($65,000). 3 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$405k
Funders on record
5
Grants received
$111k
Net assets
$2.8M
3/5 repeat funderspeak grant-dependency 5%
01What it does

What Grace Arts Center Inc does

Mission

Grace Arts Center's mission is to create and connect three distinct areas of general programming resulting in more extensive cultural collaborations and revitalization of South Florida communities.

As stated on its FY2024 Form 990.

Programs

  1. 4ACultural Exhibits: 'Outsider Art? Self-taught Visual Artist Exhibits at cultural and historical sites, 'Street Art Regatta' an outdoor art exhibit on the water and land featuring painted sails and competitive sailing, Art Fair Installations and activities during Miami Art Week to provide a platform for self-taught artists of excellence to be curated with a focus on Florida culture and history, and films including micro and feature documentaries exploring Florida history and culture.

    $237,749 spentof which $105,899 as grants$35,920 earned by the program
    74% of program spending
  2. Performances: 'Shakespeare La Florida' annual multi-disciplinary theater adaptation series 'Festival of Classics' a 'Shakespeare in the Park' initiative to foster collaboration with other cultural organizations and encourage classical literature reading and creative writing includes a public festival project with live performances and master classes at public schools.

    $82,000 spentof which $37,500 as grants$21,000 earned by the program
    26% of program spending
  3. Urban Design: 'COAT' Community of Artists Transforms Mural Art installations 'Artworks' community conversations with designers and artists with opportunities for academic participation to contrast and explore Florida vernacular design 'Mobile Art Pavilion' community revitalization through a transportable platform for the arts 'Urban Shade' architecture and design challenge to place modular and natural tree shade together in public spaces new in 2022 'SAGA' a pop up art-as-shade event with visual and performance artists to support homeless initiatives .

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $319,749.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.1M) Expenses 100 ($125k) Net assets 100 ($2.0M)2018 Revenue 70 ($1.5M) Expenses 141 ($176k) Net assets 164 ($3.3M)2019 Revenue 131 ($2.8M) Expenses 41 ($51k) Net assets 298 ($6.1M)2020 Revenue 6 ($121k) Expenses 17 ($21k) Net assets 295 ($6.0M)2021 Revenue 12 ($259k) Expenses 117 ($146k) Net assets 306 ($6.2M)2022 Revenue 13 ($277k) Expenses 169 ($211k) Net assets 129 ($2.6M)2023 Revenue 25 ($522k) Expenses 279 ($350k) Net assets 135 ($2.7M)2024 Revenue 19 ($405k) Expenses 255 ($320k) Net assets 139 ($2.8M)
'17'18'19'20'21'22'23'24
Revenue (19)Expenses (255)Net assets (139)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.2M to $2.6M (−58%).

$2.0M
$3.3M
$6.1M
$6.0M
$6.2M
$2.6M
$2.8M
$2.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2022 68% · 2023 39% · 2024 26%. Grants only. Government contracts and fees sit inside program revenue.

56% of Grace Arts Center Inc’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$2.0M
’17
$1.3M
’18
$2.7M
’19
$100k
’20
$112k
’21
$66k
’22
$171k
’23
$85k
’24
0.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed33333333
Joined·+0+0+0+0+0+0+0
No longer listed·0000000
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $25k.

Funder
'17
'18
'19
'20
'22
'23
'24*
total
AARPunclassified
$13k
funders
1
1
1
1
1
1
3

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Grace Arts Center Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Grace Arts Center Inc leans on a few funders — its largest provides 59% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Grace Arts Center Inc.

59%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

59% of Grace Arts Center Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $46k that is directly attributable, 54% of it comes from funders outside Florida, across 3 states.

OH
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’22
Florida out of state home

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Grace Arts Center Inc runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin21% · top quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)−21% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like Grace Arts Center Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

57%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Grace Arts Center Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Grace Arts Center Inc?
Grace Arts Center Inc (Florida) receives grants from 5 organizations whose IRS filings report $110,599 to it, the largest being COMMUNITY FOUNDATION OF BROWARD INC ($65,000). 3 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Grace Arts Center Inc have?
IRS filings report 5 organizations giving $110,599 in grants to Grace Arts Center Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Grace Arts Center Inc?
COMMUNITY FOUNDATION OF BROWARD INC is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
How can an organization like Grace Arts Center Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Grace Arts Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing