IMAGINE MUSEUM CORPORATION

EIN: 813932554 501(c)(3) Arts, Culture & Humanities

ST PETERSBURG, FL

Total Revenue
$2,062,223
Total Expenses
$2,058,800
Total Assets
$319,866
Net Assets
$-5,087,349
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Phone
7273001700
Tax Period
2023-01-01 to 2023-12-31

IMAGINE MUSEUM CORPORATION, founded in 2016, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO ELEVATE CONTEMPORARY GLASS ART THROUGH EXHIBITIONS, EDUCATION, AND RESEARCH. THE COLLECTION, NOW AT 1,600 PIECES, ASPIRES TO BE THE MOST INSPIRING COLLECTION OF CONTEMPORARY GLASS ART IN THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $1,423,455 Revenue: $524,036

IN 2023, IMAGINE MUSEUM ENRICHED THE CULTURAL LANDSCAPE BY OFFERING GUIDED TOURS, EDUCATIONAL PROGRAMS, AND EXHIBITIONS FEATURING NEW ACQUISITIONS AND LEGACY HOMAGES. THE MUSEUM ACTIVELY PROMOTED...

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IN 2023, IMAGINE MUSEUM ENRICHED THE CULTURAL LANDSCAPE BY OFFERING GUIDED TOURS, EDUCATIONAL PROGRAMS, AND EXHIBITIONS FEATURING NEW ACQUISITIONS AND LEGACY HOMAGES. THE MUSEUM ACTIVELY PROMOTED INCLUSIVITY, DIVERSITY, AND ACCESSIBILITY, ENSURING ENGAGEMENTS FOR STUDENTS, FAMILIES, AND TOURISTS. PROGRAMS INCLUDED ARTIST TALKS, INTERACTIVE EXPERIENCES, AND VIRTUAL LEARNING OPPORTUNITIES. PROGRAMMING GOALS,OBJECTIVES, AND ACCOMPLISHMENTS. EXPANDED ACCESS: PRESENTED FIVE NEW EXHIBITIONS, REACHING 50,000 VISITORS. FACILITATED ARTIST INTERACTIONS AT EXHIBIT OPENINGS. GLOBAL ENGAGEMENT: MANAGED COLLECTION PER MUSEUM-BASED INTERNATIONAL STANDARDS. PROVIDED EDUCATIONAL ACCESS TO 50,000 INDIVIDUALS, INCLUDING 36,000 FLORIDA RESIDENTS. STRENGHTENED PARTNERSHIPS WITH SCHOOLS AND COMMUNITY ORGANIZATIONS. FACILITY & EXPERIENCE ENHANCEMENT: REDESIGNED GUIDED TOURS FOR DEEPER ENGAGEMENT. DEVELOPED INTERACTIVE EXHIBITS ON GLASS ART HISTORY. EXPANDED COLLABORATIONS WITH ARTS INSTITUTIONS. KEY ACTIVITIES: EXHIBITIONS: GODDESS OF COMPASSION, ARTIST OF THE FUTURE, CALL-TO-ARTISTS, ANNUAL NEW WORKS. EDUCATIONAL PROGRAMS: MONTHLY EXHIBITION HIGHLIGHTS, REDESIGNED TOURS, VIRTUAL PROGRAMS. COMMUNITY ENGAGEMENT: PARTNERSHIPS WITH SCHOOL DISTRICTS AND ARTS ORGANIZATIONS. IMPACT AND OUTREACH, IMAGINE MUSEUM'S 2023 PROGRAMS ENHANCED PUBLIC ENGAGEMENT, EXPANDED EDUCATIONAL OUTREACH AND STRENGHTENED INSTITUTIONAL COLLABORATIONS, MAKING CONTEMPORARY GLASS ART MORE ACCESSIBLE AND APPRECIATED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,313,096
Program Service Revenue $524,036
Investment Income $1,605
Other Revenue $223,486
TOTAL REVENUE $2,062,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,087,094
Fundraising Expenses $216,995
Program Expenses $1,423,455
Other Expenses $971,706
TOTAL EXPENSES $2,058,800

Year-over-Year Comparison

2023 2022 Change
Revenue $2,062,223 $1,836,422 +0.1%
Expenses $2,058,800 $1,894,255 +0.1%
Net Income $3,423 $-57,833 -1.1%
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
6
Independent Members
3
Employees
49
Volunteers
32

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
3
$139,461
Total Directors
9
$139,461
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID FLATT EXEC DIRECT/ 40.00
Officer Director
$116,192 $0 $116,192
JANE BUCKMAN EXEC DIRECT/ 40.00
Officer Director
$23,269 $0 $23,269
PATRICIA DUGGAN DIRECTOR N/A
Director
$0 $0 $0
BILL EDWARDS DIRECTOR N/A
Director
$0 $0 $0
ELLEN FIRESTONE DIRECTOR N/A
Director
$0 $0 $0
GLENN GOLDBERG DIRECTOR N/A
Director
$0 $0 $0
COREY HAMPSON DIRECTOR N/A
Director
$0 $0 $0
JOANN MAROLDA TREASURER/DI N/A
Officer Director
$0 $0 $0
MARLENE ROSE DIRECTOR N/A
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
2024 No data No data No data No data
2023 $2,062,223 $2,058,800 $319,866 $3,423
2022 $1,836,422 $1,894,255 $357,081 $-57,833
2021 $1,420,537 $1,468,917 $373,478 $-48,380
2020 $363,276 $1,590,761 $416,424 $-1,227,485
2019 $482,821 $1,877,721 $455,109 $-1,394,900
2018 $309,542 $2,104,693 $473,747 $-1,795,151
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