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Passes our checks

Oolite Arts Inc

EIN 59-2423867 · Miami Beach, FL

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

LegitimacyPassesRegistration and standingFinancial healthFair63 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF OOLITE ARTS IS TO SUPPORT ARTISTS AND ADVANCE THE KNOWLEDGE AND PRACTICE OF CONTEMPORARY VISUAL ARTS AND CULTURE IN SOUTH FLORIDA. OOLITE ARTS CREATES OPPORTUNITIES FOR EXPERIMENTATION AND INNOVATION, AND ENCOURAGES THE EXCHANGE OF IDEAS ACROSS CULTURES THROUGH RESIDENCIES, EXHIBITIONS, PUBLIC PROGRAMS, EDUCATION AND OUTREACH.

Income
$4.2 million
Spending
$5.2 million
Spent on programs
63%
Reserves
Over 10 years of spending
Largest source of income
investment income, 71%
Employees
17
Volunteers
1
Highest pay
$221,733, interim cfo

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 63 out of 100. Higher than 36% of charities in its peer group (arts and culture, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover more than ten years of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 25% of income.

  • Income trend

    0 of 15

    Income fell 28% on the year before.

  • Spending floor

    8 of 15

    63% of spending went to programs and raising each dollar of donations cost 40 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 61% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, 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 (3)
  1. $1.8 million spent. ARTISTS & STUDIO PROGRAM:THIRTEEN VISUAL ARTISTS ARE AWARDED FREE WORK STUDIOS AT 924 LINCOLN ROAD, AS WELL AS A $1,250 MONTHLY FINANCIAL STIPEND, AND BENEFIT FROM EXHIBITION AND TEACHING OPPORTUNITIES, OPEN STUDIO EVENTS AND STUDIO VISITS WITH GALLERISTS AND CURATORS. SOUTH FLORIDA BASED ARTISTS ARE SELECTED FOR TRAVEL RESIDENCY OPPORTUNITIES AT BAG FACTORY ARTIST STUDIOS IN JOHANNESBURG, SOUTH AFRICA, MASS MOCA IN NORTH ADAMS, MA. AND ARTPACE IN SAN ANTONIO, TX. THE CINEMATIC ARTS RESIDENCY AWARDS ONE MIAMI DADE FILMMAKER PER YEAR $50,000 IN FUNDING TO CREATE A MICRO BUDGET NARRATIVE FILM. SINCE 2018, THE ELLIES AWARDS HAVE DISTRIBUTED $3 MILLION TO MORE THAN 280 MIAMI VISUAL ARTISTS IN SUPPORT OF NEW WORK.
  2. $379,139 spent. EDUCATION AND OUTREACH PROGRAM:OOLITE ARTS DELIVERED 404 IN-PERSON AND VIRTUAL CLASSES AND WORKSHOPS SERVING YOUTH AND ADULTS, LED BY 14 LOCAL TEACHING ARTISTS. THE LED ARTS PORTFOLIO DEVELOPMENT PROGRAM SUPPORTS HIGH SCHOOL STUDENTS AS THEY STRENGTHEN THEIR PRACTICE, DEVELOP ARTIST STATEMENTS, AND ASSEMBLE THE PORTFOLIOS AND MATERIALS REQUIRED FOR ADMISSION TO VISUAL ARTS COLLEGES. THE ORGANIZATION'S PRINTSHOP OFFERS A FULLY EQUIPPED PRINTMAKING STUDIO, INCLUDING A CHARLES BRAND ETCHING PRESS, BRAYERS, GENERAL TOOLS, CLEANING SUPPLIES, A DRYING RACK, A SILKSCREEN DARKROOM, FLAT-FILE STORAGE, AND ADDITIONAL EQUIPMENT.
  3. $1.1 million spent. GALLERIES & EXHIBITIONS PROGRAM:OOLITE STAFF AND VISITING CURATORS ORGANIZE THE ORGANIZATION'S EXHIBITIONS AND PUBLIC PROGRAMS. EACH YEAR, OOLITE PRESENTS THREE CURATED EXHIBITIONS AT ITS 924 LINCOLN ROAD SPACE, FEATURING NEW WORK BY RESIDENT ARTISTS AS WELL AS LOCAL AND NATIONALLY RECOGNIZED ARTISTS. EIGHT ADDITIONAL OFF-SITE EXHIBITIONS ARE PRESENTED ANNUALLY AT TWO WALGREENS STOREFRONTS, WHERE INSTALLATIONS REMAIN ON VIEW 24/7 AND ARE SEEN BY AN ESTIMATED 65,000 PASSERSBY PER YEAR. SKILLS PROFESSIONAL DEVELOPMENT WORKSHOPS PROVIDE ARTISTS AND FILMMAKERS WITH THE TOOLS TO ADVANCE THEIR CAREERS.

Source: Form 990 for the year ending September 30, 2025, 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 October 13, 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 November 6, 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 October 13, 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 October 13, 2026.

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

    Recognized by the IRS since February 1986.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.