BEAUX ARTS OF THE LOWE ART MUSEUM OF THE UNIVERSITY OF MIAMI INC

EIN: 596131426 501(c)(3) Arts, Culture & Humanities

CORAL GABLES, FL

Total Revenue
$429,957
Total Expenses
$127,114
Total Assets
$1,390,855
Net Assets
$1,385,451
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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
FL
Principal Officer
FRANCESCA VALDES
Phone
3056688499
Tax Period
2024-06-01 to 2025-05-31

BEAUX ARTS OF THE LOWE ART MUSEUM OF THE UNIVERSITY OF MIAMI INC, founded in 1952, is a small nonprofit in the Arts, Culture & Humanities sector that reported $430K in total revenue in fiscal year 2024. The organization ran a surplus of $303K, a strong 70% operating margin.

Mission

BEAUX ARTS IS A VOLUNTEER ORGANIZATION WHOSE PURPOSE IS TO ENCOURAGE AN UNDERSTANDING AND APPRECIATION OF THE ARTS IN SOUTH FLORIDA. ALL PROCEEDS FROM BEAUX ARTS GO TO SERVE THIS PURPOSE. THIS INCLUDES OFFERING OUTREACH PROGRAMS TO CHILDREN IN THE COMMUNITY, SUCH AS HANDS ON! AND THE STUDENT ARTIST SHOWCASE, WHERE CHILDREN HAVE OPPORTUNITIES TO LEARN ABOUT ART AND PARTICIPATE IN THE ARTISTIC PROCESS. BEAUX ARTS ALSO SPONSORS A FESTIVAL OF ART EVERY YEAR AT NO COST TO THE PATRONS. FINALLY, BEAUX ARTS PROVIDES SUPPORT TO THE LOWE ART MUSEUM BY ASSISTING WITH IMPORTANT ART ACQUISITIONS, CONTRIBUTING TO THE MUSEUM'S ONGOING OPERATION, AND BY ENHANCING ITS EDUCATIONAL PROGRAMMING AND OUTREACH.

Program Service Accomplishments

Program 1
Expenses: $97,043 Revenue: $122,861

BEAUX ARTS WAS FOUNDED IN 1952 BY FIFTY MEMBERS UNDER THE DIRECTION OF ANNE ATKINSON, THEN ASSISTANT DIRECTOR OF THE NEWLY BUILT JOE AND EMILY LOWE ART GALLERY AT THE UNIVERSITY OF MIAMI. THE PURPOSE...

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BEAUX ARTS WAS FOUNDED IN 1952 BY FIFTY MEMBERS UNDER THE DIRECTION OF ANNE ATKINSON, THEN ASSISTANT DIRECTOR OF THE NEWLY BUILT JOE AND EMILY LOWE ART GALLERY AT THE UNIVERSITY OF MIAMI. THE PURPOSE OF THE GROUP WAS TO PROVIDE IMPROVEMENTS, EQUIPMENT AND FINANCIAL ASSISTANCE TO THE LOWE ART MUSEUM. THE ORGANIZATION NOW HAS OVER 450 VOLUNTEERS AND HOLDS THE ANNUAL FESTIVAL OF ARTS AND IS NOW A JURIED SHOW WITH OVER 200 PARTICIPATING ARTISTS IN 10 DIFFERENT MEDIUMS ON THE GROUNDS OF THE UNIVERSITY OF MIAMI. IT IS RECOGNIZED AS ONE OF THE LEADING ART SHOWS IN THE COUNTRY AND ATTRACTS ACCLAIMED ARTISTS FROM ALL OVER THE WORLD. IN 2002 BEAUX ARTS ADDED THE STUDENT ARTIST SHOWCASE (SAS) TO THE FESTIVAL OF ART EVENT WEEKEND. MIDDLE SCHOOL AND HIGH SCHOOL AGED STUDENTS FROM BOTH PUBLIC AND PRIVATE SCHOOLS ENTER THEIR WORKS OF ART TO A JURIED ART CONTEST. OVER 350 ART PIECES ARE JUDGED. THE FINALISTS AND WINNERS' WORKS OF ART ARE EXHIBITED AT THE LOWE ART MUSEUM DURING THE FESTIVAL OF ART WEEKEND AND A RECEPTION IS HELD IN THEIR HONOR. CASH PRIZES ARE AWARDED TO WINNERS IN FIVE ART CATEGORIES. ONE STUDENT IS HONORED WITH THE BEST IN SHOW AWARD.THE BEAUX ARTS BALL WAS INSTITUTED IN 1953 AS A MAJOR FUNDRAISING EVENT, AND HOLDS THE DISTINCTION OF BEING THE OLDEST COSTUME BALL IN SOUTH FLORIDA. THEMES VARY WIDELY, FROM "NOAH'S ARK", "JAMES BOND", TO "OCEANS AWAY AND THE CREATIVITY OF COSTUMES MAKES EACH YEAR A UNIQUE EXPERIENCE.IN 1987, BEAUX ARTS INTRODUCED A NEW OUTREACH PROJECT, "HANDSON! A CHILDREN'S CELEBRATION IN ART." TODAY THE PROGRAM BRINGS UNDERSERVED KIDS FROM ALL OVER MIAMI-DADE COUNTY TO THE MUSEUM FOR A DAY OF FUN AND LEARNING. THE PROGRAM ENABLES STUDENTS FROM TITLE 1 ELEMENTARY SCHOOLS, AS WELL AS CHARLEE HOMES FOR CHILDREN, TO VISIT THE MUSEUM FREE OF CHARGE AND WITH PAID TRANSPORTATION, LEARN ABOUT SPECIFIC EXHIBITS AND PARTICIPATE IN ART PROJECTS. IN 2013, BEAUX ARTS DOUBLED THE SIZE OF THIS PROGRAM AND HOSTED OVER 700 ELEMENTARY SCHOOL CHILDREN. IN 2014, BEAUX REACHED OUTSIDE OF THE MUSEUM SETTING AND BROUGHT THIS ART APPRECIATION PROGRAM TO CHILDREN RESIDING AT THE CHAPMAN PARTNERSHIP HOMELESS SHELTER. IN1953 WITH SUPPORT FROM BEAUX ARTS, THE CHILDREN'S PAVILION AT THE LOWE WAS BUILD AND IS THE SITE OF CHILDREN'S ART CLASSES/CAMP, HELD PRIMARILY DURING SCHOOL BREAKS IN THE WINTER, SPRING, AND SUMMER. IT IS DESIGNED TO ENCOURAGE CHILDREN, AGES 5-12, TO EXPLORE THEIR OWN CREATIVITY. BEAUX ARTS CONTINUES TO EXPAND THE YEAR-ROUND CLASS OFFERINGS, THE PROCEEDS OF WHICH BENEFIT THE LOWE.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $70,103
Program Service Revenue $100,519
Investment Income $42,343
Other Revenue $216,992
TOTAL REVENUE $429,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,263
Fundraising Expenses $0
Program Expenses $97,043
Other Expenses $109,851
TOTAL EXPENSES $127,114

Year-over-Year Comparison

2024 2023 Change
Revenue $429,957 $427,229 +0.0%
Expenses $127,114 $259,005 -0.5%
Net Income $302,843 $168,224 +0.8%
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
22
Independent Members
22
Employees
3
Volunteers
500

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
7
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANCESCA VALDES PRESIDENT 20.00
Officer Director
$0 $0 $0
ANSLEY CAMPBELL VICE PRESIDENT 20.00
Officer Director
$0 $0 $0
CORY CUTHBERTSON CO-CORRESPONDING SECRETARY 20.00
Officer Director
$0 $0 $0
MEGHAN ASSAPIMONWAIT RECORDING SECRETARY 20.00
Officer Director
$0 $0 $0
REED HUMPHERY TREASURER 20.00
Officer Director
$0 $0 $0
DILLON COLEMAN AUXILIARY TREASURER 20.00
Officer Director
$0 $0 $0
ASHLEY ANDREN IMMEDIATE PAST PRESIDENT 20.00
Director
$0 $0 $0
JORDAN KEVER IMMEDIATE PAST PRESIDENT 20.00
Director
$0 $0 $0
CAROLINE LUNDBERG MEDEIROS DIRECTOR 20.00
Director
$0 $0 $0
KAITLYN RIEDER DIRECTOR 20.00
Director
$0 $0 $0
AMBER SEIDLE-LAZO DIRECTOR 20.00
Director
$0 $0 $0
ITZEL CANDELARIO DIRECTOR 20.00
Director
$0 $0 $0
TARYN GORDON DIRECTOR 20.00
Director
$0 $0 $0
ANN FONTS DIRECTOR 20.00
Director
$0 $0 $0
LINDLEY LECLERC DIRECTOR 20.00
Director
$0 $0 $0
KATIE HENRIQUES GOLDSTRITCH DIRECTOR 20.00
Director
$0 $0 $0
MONICA MASE DIRECTOR 20.00
Director
$0 $0 $0
CAITLIN HALLINGBY CO-CORRESPONDING SECRETARY 0.00
Officer Director
$0 $0 $0
CHELSEA SARASON DIRECTOR 20.00
Director
$0 $0 $0
MONICA SANCHEZ DIRECTOR 20.00
Director
$0 $0 $0
RUTH CARRUTHERS DIRECTOR 20.00
Director
$0 $0 $0
CARSON POLICASTRO DIRECTOR 20.00
Director
$0 $0 $0
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 $429,957 $127,114 $1,390,855 $302,843
2024 $427,229 $259,005 $1,134,367 $168,224
2023 $432,376 $456,589 $975,486 $-24,213
2022 $292,127 $88,034 $1,042,455 $204,093
2021 $206,270 $240,429 $927,659 $-34,159
2020 $203,847 $182,505 $803,154 $21,342
2019 $297,549 $221,574 $789,410 $75,975
2018 $253,130 $219,185 $787,188 $33,945
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