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Morada Way Arts & Cultural District Inc

EIN 27-5269482 · Islamorada, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak36 out of 100GovernanceNot ratedThe short tax form does not cover thisImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

CREATE AND MAINTAIN AN ENVIRONMENT THAT ENABLES A CREATIVE & BUSINESS COMMUNITY TO THRIVE, WHERE ARTISTS ARE INSPIRED & HAVE OPPORTUNITIES TO SHOWCASE THEIR WORK, AND ENRICH LOCALS & VISITORS WITH ARTS, CULTURAL PROGRAMS & EVENTS.

Income
$99,566
Spending
$92,896
Reserves
-6.7 months of spending
Largest source of income
investment income, 40%

Source: Form 990EZ for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 36 out of 100. Higher than 11% of charities in its peer group (arts and culture, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 46% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 7% of income.

Source: Form 990EZ for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.

Source: Form 990EZ for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $18,104 spent. THE ART STUDIO OFFERS AFFORDABLE SPACE FOR LOCAL AND VISITING ARTISTS TO CREATE POTTERY AND TEACH CLASSES. THE SHOWROOM AND GIFT SHOP GIVES THEM THE OPPORTUNITY TO SELL THEIR ARTWORK TO THE PUBLIC. IN ADDITION, IT GIVES ARTISTS EXPOSURE DURING THE ART WALKS.
  2. $15,743 spent. ART WALKS ARE HELD EVERY MONTH OFFERING THE COMMUNITY AND VISITORS LIVE MUSIC, PERFORMANCE ARTISTS, ORIGINAL ART AND HAND-CRAFTED JEWELRY. ARTISTS WHO DO NOT HAVE A STUDIO OR GALLERY SPACE EXHIBIT THEIR WORKS AND GAIN EXPOSURE TO THE PUBLIC.

Source: Form 990EZ for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2011.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.