Education
Miami Arts Inc
MIAMI, FL
Total revenue
$16.1M
Total expenses
$14.2M
Net assets
$2.3M
Grants received
$27K
3 grants
EIN
264790539
Tax year
2023
Mission
We strive to be the school where students dare to dream. We promise to make sure no doors for students are ever closed. We value the privilege of our role in shaping the future leaders of tomorrow. Together, we will create an inspiring environment that sparks curiosity in all students while developing intellectually and creatively. Free thought will always be protected so that students may pursue their purpose in the world. We will ensure that students always have a path to success in all that they do because they deserve a life full of choice. Since learning is for life and life is about learning, our wish is for our name always to be synonymous with excellence.
Programs
3 programs
The School's second largest expense for amortization and depreciation significantly contributed to the achievement of its exempt purpose by reflecting the ongoing investment in its facilities and educational resources. This expense encompassed the gradual write-off of costs associated with physical assets, such as buildings, equipment, and technology, which are essential for providing a conducive learning environment. By accounting for the depreciation of these assets, the school ensures that it maintains high-quality infrastructure and resources that support its arts education programs. This careful management of assets not only aids in financial planning but also reinforces the school's commitment to sustaining its educational mission over the long term.
The third category of expenses under management support services played a crucial role in achieving its exempt purpose. This category included salaries and benefits for administrative staff, which ensured effective governance and operational efficiency. Additionally, expenses were allocated for accounting services, legal fees, and compliance-related costs, all of which contributed to maintaining the school's accountability and transparency. By investing in these management support services, the school was able to create a stable and organized environment that supports its educational mission, enabling it to focus on delivering quality arts education and enhancing student outcomes.
Expenses incurred for maintenance and repairs, instructional materials and supplies, dues, fees, software licenses, and utilities were vital in achieving the Miami Arts Charter School's exempt purpose. The allocation of funds for maintenance and repairs ensured that the school's facilities remained safe and conducive to learning, while expenditures on instructional materials and supplies provided essential resources for both teachers and students, enhancing the educational experience. Furthermore, the costs associated with dues, fees, and software licenses facilitated access to necessary educational tools and platforms that support curriculum delivery. Additionally, utility expenses were crucial for the operation of the plant, ensuring a comfortable and functional environment for teaching and learning. Together, these expenditures reflect the school's commitment to maintaining an effective educational infrastructure and delivering quality arts education to its students.
Financials
FY 2023
Revenue
Expenses
People
6 listed
Raymond Kimsey
Governing Board Chair
—
10 hrs/wk
Pablo Canals
Board member
—
5 hrs/wk
Jennifer Kenney
Board Member
—
5 hrs/wk
Alfredo de la Rosa
Founder and Principal
$160K
80 hrs/wk
Christine de la Rosa
Assistant Principal and Director of Education
$160K
80 hrs/wk
Carolina Torres
Assist Principal for Student Services & Support
$130K
60 hrs/wk
Grants received
Showing 3 of 3
Funded by
$27K from 2 funders · 3 grants · 2018–2024
$22K · 2 grants · 2023–2024
$5K · 1 grant · 2018