Skip to the page content
Passes our checks

Florida Keys History and Diving Museum Inc

EIN 65-1037158 · Islamorada, FL

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong91 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FLORIDA KEYS HISTORY OF DIVING MUSEUM IS DEDICATED TO COLLECTING, PRESERVING, DISPLAYING AND INTERPRETING ARTIFACTS, ANTIQUES, BOOKS, DOCUMENTS, PHOTOGRAPHS AND ORAL HISTORY RELATIVE TO THE HISTORY OF DIVING. WE TELL THE INTERNATIONAL STORY OF THE ATTEMPTS TO EXPLORE, UNDERSTAND AND VENTURE UNDER THE SEA. WE ALSO CELEBRATE THE SPECIAL ROLE THAT SOUTH FLORIDA AND THE FLORIDA KEYS PLAYED IN THIS UNTOLD STORY.

Income
$946,529
Spending
$466,920
Spent on programs
88%
Reserves
19.5 months of spending
Largest source of income
investment income, 38%
Employees
8
Volunteers
68
Highest pay
$90,713, executive director

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

Strong: 100 out of 100. Higher than 88% of charities in its peer group (arts and culture, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 51% of income.

  • Income trend

    15 of 15

    Income rose 20% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 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: 91 out of 100. Higher than 79% of charities in its peer group (arts and culture, $250k to $1m).

  • 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

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed 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. $246,989 spent. MUSEUM EXHIBITS - WELCOMED 20,676 VISITORS FROM 77 COUNTRIES AND ALL 50 STATES TO EXPERIENCE MUSEUM EXHIBITS SHOWCASING MORE THAN 5,000 YEARS OF DIVING HISTORY, INCLUDING INTERACTIVE AND HANDS-ON EXHIBITS, AUDIO/VISUAL PRESENTATIONS, A SALT WATER AQUARIUM, THE WORLD'S LARGEST DISPLAY OF DIVING EQUIPMENT, AND SHIPWRECK TREASURE WITH A SPECIAL TRIBUTE TO THE UNIQUE CONTRIBUTIONS SOUTH FLORIDA MADE TO DIVING HISTORY. THE DIVING HISTORY RESEARCH LIBRARY, OPENED IN FEBRUARY 2012, IS USED AS A COMPLIMENTARY MEETING ROOM VENUE FOR NONPROFIT ORGANIZATIONS WITH SIMILAR MISSIONS.
  2. $138,630 spent. EDUCATION - PROVIDED MONTHLY LECTURES, GUIDED TOURS, AND HOSTED SPECIAL EVENTS BY AUTHORITIES ON SUBJECTS RELATED TO MAN'S ATTEMPTS TO EXPLORE, UNDERSTAND AND VENTURE UNDER THE SEA. OVER 1,500 PEOPLE ATTENDED THESE FREE PRESENTATIONS, IN-PERSON OR VIRTUALLY. PROVIDED EDUCATIONAL PROGRAMS FOR SEVERAL COMMUNITY AND DIVING-RELATED GROUPS AND FOR SCHOOL CHILDREN. SERVED AS AN INTERNATIONAL RESOURCE FOR INFORMATION ON DIVING HISTORY AND VINTAGE EQUIPMENT.
  3. $24,399 spent. MUSEUM SERVICES - GAVE FREE ADMISSION TO ACTIVE MILITARY AND INJURED VETERANS' GROUPS YEAR ROUND. IN ADDITION THE MUSEUM PARTICIPATED IN THE BLUE STAR PROGRAM FROM ARMED FORCES DAY TO LABOR DAY TO PROVIDE FREE ADMISSION TO ACTIVE MILITARY AND THEIR FAMILIES BENEFITING CLOSE TO 653 INDIVIDUALS. OVER 1,020 VETERANS AND 3,145 SENIORS BENEFITED BY RECEIVING A REDUCED ADMISSION PRICE.

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 October 13, 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 October 2000.

    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 October 21, 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.