THE FOUNTAINHEAD RESIDENCY INC

EIN: 813627928 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$1,370,403
Total Expenses
$1,063,298
Total Assets
$1,948,384
Net Assets
$1,931,661
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
Kathryn Mikesell
Phone
3057768198
Tax Period
2025-01-01 to 2025-12-31

THE FOUNTAINHEAD RESIDENCY INC, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $307K, a strong 22% operating margin.

Mission

Valuing diversity and inclusion, we inspire, engage and connect people. Artists and art are our vehicle. The Fountainhead accomplishes this by enhancing the lives and careers of artists, infusing Miami's growing art and cultural community with artistic inspiration from around the world, collaborating with our local institutions, non-profits and businesses to support our city's growth, building a global family that transcends all borders and continues to give back, and cultivating new audiences for the arts through intimate engagements, education and unique experiences.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,181,357
Program Service Revenue $114,581
Investment Income $74,313
Other Revenue $152
TOTAL REVENUE $1,370,403

Expense Breakdown

Grants Paid $36,000
Salaries & Benefits $508,958
Fundraising Expenses $0
Program Expenses $838,235
Other Expenses $518,340
TOTAL EXPENSES $1,063,298

Year-over-Year Comparison

2025 2024 Change
Revenue $1,370,403 $1,197,868 +0.1%
Expenses $1,063,298 $976,373 +0.1%
Net Income $307,105 $221,495 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
13
Independent Members
13
Employees
4
Volunteers
N/A

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
1
$252,250
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Mikesell Executive Director 40
Officer
$252,250 $0 $252,250
Nicole Silveira Deputy Director 40.00
Highest
$115,962 $0 $115,962
Carole Server Director 2
Director
$0 $0 $0
Donald Savelson President 5
Director
$0 $0 $0
Teresa Enriquez Vice President 2
Director
$0 $0 $0
David Ross Treasurer 2
Director
$0 $0 $0
Lois Whitman Secretary 2
Director
$0 $0 $0
Nicole Blackburn Director 2
Director
$0 $0 $0
Spring Dautel McManus Director 2
Director
$0 $0 $0
Ian Krawiecki Gazes Director 2
Director
$0 $0 $0
Jumaane NNamdi Director 2
Director
$0 $0 $0
Emily Campbell Director 2.00
Director
$0 $0 $0
Benjamin Wolkov Director 2
Director
$0 $0 $0
Sabrina Beraja Director 2
Director
$0 $0 $0
Jimena Guijarro Director 2
Director
$0 $0 $0
Henry Zarb Director 2
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 $1,370,403 $1,063,298 $1,948,384 $307,105
2024 No data No data No data No data
2023 $1,119,621 $877,585 $1,415,827 $242,036
2022 $998,494 $676,509 $1,159,472 $321,985
2021 $822,725 $584,587 $858,602 $238,138
2020 $642,764 $377,758 $643,440 $265,006
2019 $426,327 $331,496 $421,865 $94,831
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