KEY WEST ART AND HISTORICAL SOCIETY INC

EIN: 590660461 501(c)(3)

KEY WEST, FL

Total Revenue
$2,807,003
Total Expenses
$2,775,434
Total Assets
$4,588,518
Net Assets
$4,279,586
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Organization Details

Formation Year
1957
Legal Domicile
FL
Principal Officer
MICHAEL GIEDA
Phone
3052956616
Tax Period
2024-10-01 to 2025-09-30

KEY WEST ART AND HISTORICAL SOCIETY INC, founded in 1957, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE KEY WEST ART AND HISTORICAL SOCIETY IS TO PRESERVE THE CULTURE OF THE FLORIDA KEYS THROUGH EXHIBITING AND DISPLAYING REGIONAL ART, ARCHITECTURE, AND HISTORY FOR THE PURPOOSE OF EDUCATING THE COMMUNITY AND VISITING PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $1,088,872 Revenue: $2,146,422

THE KEY WEST ART AND HISTORICAL SOCIETY HOSTED SEVERAL ROTATING EXHIBITS AT THE KEY WEST MUSEUM OF ART AND HISTORY AT THE CUSTOM HOUSE AND UPDATED DISPLAYS AT ITS THREE OTHER MUSEUMS. THE SOCIETY...

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THE KEY WEST ART AND HISTORICAL SOCIETY HOSTED SEVERAL ROTATING EXHIBITS AT THE KEY WEST MUSEUM OF ART AND HISTORY AT THE CUSTOM HOUSE AND UPDATED DISPLAYS AT ITS THREE OTHER MUSEUMS. THE SOCIETY CONTINUED ITS YOUTH AND ADULT EDUCATION PROGRAMS LIKE ARTCAMP!, HOMESCHOOL PROGRAM, COMMUNITY DAY, FAMILY DAY, HISTORIC HARBOR SAILS, DISTINGUISHED SPEAKER SERIES, HAPPY HOUR WITH THE HISTORIAN, AND MORE. EDUCATION STAFF PERFORMED OUTREACH TO ELEMENTARY AND MIDDLE SCHOOLS WITHIN THE MONROE COUNTY SCHOOL DISTRICT. ADDITIONALLY, SIGNATURE SPECIAL EVENTS LIKE THE CUSTOM HOUSE HOLIDAY CONCERT & BAZAAR, CONCH REVIVAL PICNIC, AND TENNESSEE WILLIAMS KEY WEST FESTIVAL WERE HELD AT THE MUSEUMS. THE SOCIETY ALSO BEGAN REPLACING THE INTERIOR ELEVATOR AT THE CUSTOM HOUSE.

Program 2
Expenses: $638,830

OPERATION OF THE MUSEUM STORES, WHICH PROVIDE MUSEUM GUESTS WITH BOOKS, COLLECTION INSPIRED OBJECTS, AND EDUCATIONAL RESOURCES PROMOTING THEMISSION OF THE ORGANIZATION AND CULTURE OF THE FLORIDA KEYS.

Program 3
Expenses: $547,955 Revenue: $137,875

CONDUCT EDUCATIONAL PROGRAMS, ENGAGING CHILDREN AND ADULTS IN LEARNING EXPERIENCES TO PROMOTE THE CULTURAL HERITAGE OF THE FLORIDA KEYS. PROGRAMMING: -ARTCAMP: AN ART AND HISTORY BASED CAMP THAT RUNS...

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CONDUCT EDUCATIONAL PROGRAMS, ENGAGING CHILDREN AND ADULTS IN LEARNING EXPERIENCES TO PROMOTE THE CULTURAL HERITAGE OF THE FLORIDA KEYS. PROGRAMMING: -ARTCAMP: AN ART AND HISTORY BASED CAMP THAT RUNS THROUGH SUMMER AND SCHOOL BREAKS. SCHOLARSHIPS ARE PROVIDED FOR MANY UNDERSERVED CHILDREN. HOMESCHOOL: AN ART AND HISTORY BASED IMMERSIVE PROGRAM FOR HOMESCHOOL FAMILIES. FAMILY MUSEUM DAY: A FREE ART PROGRAM THAT ROTATES THROUGH MUSEUMS ON THE FIRST SUNDAY OF EVERY MONTH. THE DISTINGUISHED SPEAKER SERIES, WHICH BEGAN IN FY2014 IS A LECTURE SERIES PERTAINING TO FLORIDA KEYS ART AND HISTORY. SPEAKERS INCLUDED. HISTORIC HARBOR SAILS: A LECTURE SERIES ABOARD THE ARGO NAVIS; TOPICS VARY. HAPPY HOUR WITH THE HISTORIAN: A CURATOR LED LECTURE; TOPICS VARY.TOTAL IMPACT: 120,000+ INDIVIDUALS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $478,772
Program Service Revenue $1,795,016
Investment Income $72,343
Other Revenue $460,872
TOTAL REVENUE $2,807,003

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,454,638
Fundraising Expenses $157,118
Program Expenses $2,275,657
Other Expenses $1,320,796
TOTAL EXPENSES $2,775,434

Year-over-Year Comparison

2024 2023 Change
Revenue $2,807,003 $2,944,967 0.0%
Expenses $2,775,434 $2,688,087 +0.0%
Net Income $31,569 $256,880 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
33
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$189,737
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ENID TORREGROSA PRESIDENT 1.00
Officer Director
$0 $0 $0
JAY HALL TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL SHIELDS DIRECTOR 1.00
Director
$0 $0 $0
BEN HARRISON DIRECTOR 1.00
Director
$0 $0 $0
DONNA BOSOLD DIRECTOR 1.00
Director
$0 $0 $0
TED STEWART DIRECTOR 1.00
Director
$0 $0 $0
JOHN O'LEARY 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SAM KAUFMAN 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
EMMA STARR SECRETARY 1.00
Officer Director
$0 $0 $0
DAKIN WEEKLEY DIRECTOR 1.00
Director
$0 $0 $0
MARTHA RESK DIRECTOR 1.00
Director
$0 $0 $0
REDZA DEMPSTER DIRECTOR 1.00
Director
$0 $0 $0
DAVID HARTNETT DIRECTOR 1.00
Director
$0 $0 $0
JANICE SLIVKO DIRECTOR 1.00
Director
$0 $0 $0
DAMIAN VANTRIGLIA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GIEDA EXECUTIVE DIRECTOR 45.00
Officer
$189,737 $0 $189,737
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,807,003 $2,775,434 $4,588,518 $31,569
2024 $2,944,967 $2,688,087 $4,313,169 $256,880
2023 $2,926,481 $2,732,196 $3,780,810 $194,285
2022 $2,563,434 $2,475,487 $3,761,615 $87,947
2022 $2,563,434 $2,475,487 $3,761,615 $87,947
2021 $2,771,144 $1,666,944 $3,638,372 $1,104,200
2020 $1,676,289 $1,681,069 $2,369,475 $-4,780
2019 $2,056,995 $2,060,852 $2,552,742 $-3,857
2018 $2,293,221 $2,024,991 $2,554,132 $268,230
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