FRIENDS OF THE BASS MUSEUM INC Charity Report

Public IRS 990 nonprofit record

FRIENDS OF THE BASS MUSEUM INC

EIN 59-2017511 · Arts, Culture & Humanities (A51I)

What they do

THE BASS, MIAMI BEACHS CONTEMPORARY ART MUSEUM, CREATES CONNECTIONS BETWEEN INTERNATIONAL CONTEMPORARY ART and THE MUSEUMS DIVERSE AUDIENCES. THE BASS SHARES THE POWER of CONTEMPORARY ART THROUGH EXPERIENCES THAT EXCITE, CHALLENGE and EDUCATE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $70.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders39 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.52%of revenue went to mission work70.2% of expenses · Program services

17.65%of revenue went to fundraising17.6% of expenses

$76.00spent for every $100 of revenueRevenue covered expenses this year.

12.31%of revenue went to management and office costs12.3% of expenses

$2.73in assets for every $1 spent this yearSome assets cannot be spent right away.

53.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $142,094 for JEAN ORTEGA (DEPUTY DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,015,718

Mission workProgram services$4,242,07270.52% of revenue70.2% of expenses

ManagementOffice and general costs$740,58012.31% of revenue12.3% of expenses

FundraisingAsking for donations$1,062,01417.65% of revenue17.6% of expenses

Total expenses$6,044,666100.48% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 70.2% mission · 12.3% management · 17.6% fundraisingTotal expenses: 100.48% of revenue

2022Expense mix: 57.5% mission · 15.3% management · 27.2% fundraisingTotal expenses: 115.04% of revenue

2021Expense mix: 66.7% mission · 20.9% management · 12.3% fundraisingTotal expenses: 128.02% of revenue

2020Expense mix: 68.1% mission · 22.1% management · 9.7% fundraisingTotal expenses: 116.55% of revenue

2019Expense mix: 64.7% mission · 26.1% management · 9.2% fundraisingTotal expenses: 102.26% of revenue

2018Expense mix: 61.4% mission · 29.8% management · 8.8% fundraisingTotal expenses: 93.96% of revenue

2017Expense mix: 69.3% mission · 15.7% management · 15.1% fundraisingTotal expenses: 94.87% of revenue

2016Expense mix: 74.7% mission · 16.6% management · 8.6% fundraisingTotal expenses: 39.69% of revenue

Money in and money out

Revenue$7,953,543

Expenses$6,044,666

Annual surplus $1,908,877 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,242,072 · 70.2% of expenses

Management and office costs$740,580 · 12.3% of expenses

Fundraising$1,062,014 · 17.6% of expenses

See all reported dollar amounts

Revenue$7,953,543

Expenses$6,044,666

Assets$16,524,005

Income$8,490,502

Contributions$4,219,065

Mission work (program services)$4,242,072

Fundraising$1,062,014

Management and general$740,580

Executive compensation (total)$125,168

Accounting fees$45,893

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEAN ORTEGADEPUTY DIRECTOR · 40 hrs/week $142,094Base $131,308 · Other $10,786

SILVIA KARMAN CUBINAEXECUTIVE DIRECTOR & CHIEF CURATOR · 40 hrs/week $122,285

JAMES VOORHIESCHIEF CURATOR · 40 hrs/week $119,355Base $109,231 · Other $10,124

IVA KOSOVICDEVELOPMENT DIRECTOR · 40 hrs/week $115,393Base $105,385 · Other $10,008

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (39)

JEAN ORTEGADEPUTY DIRECTOR

SILVIA KARMAN CUBINAEXECUTIVE DIRECTOR & CHIEF CURATOR

JAMES VOORHIESCHIEF CURATOR

IVA KOSOVICDEVELOPMENT DIRECTOR

PAMELA LIEBMANBOARD MEMBER

LISA HEIDEN-KOFFLERBOARD MEMBER

LORENA GOMEZBOARD MEMBER

LORI REINSBERGBOARD MEMBER

MICHAEL COLLINSBOARD MEMBER

MIMI KUPPINBOARD MEMBER (AS OF 05/2024)

OLGA BLAVATNIKBOARD MEMBER

OSCAR SEIKALYBOARD MEMBER

TRUDY CEJASBOARD MEMBER

SIMI AHUJABOARD MEMBER

STEVE NOVENSTEINBOARD MEMBER

THEA MITZMANBOARD MEMBER

THOMAS C MURPHYBOARD MEMBER

TODD WHITEBOARD MEMBER

TOM HEALYBOARD MEMBER

TRACY WILSON MOURNINGBOARD MEMBER

ALI SCHARF-MATLICKBOARD MEMBER

DAN OCHBOARD MEMBER

ALINA T HUDAKBOARD MEMBER (THRU 05/2024)

ALISA ROMANOBOARD MEMBER

ARIEL PENZER MILGROOMBOARD MEMBER

BARBARA BECKERBOARD MEMBER

BETH DOZORETZBOARD MEMBER

BRIAN EHRLICHBOARD MEMBER

CATHY VEDOVIBOARD MEMBER

CLARA BULLRICHTREASURER

LAURA PAREKSY GOULDSECRETARY

DAVID MARTINBOARD MEMBER

DIANE LIEBERMANPRESIDENT

DOUG KIMMELMANBOARD MEMBER

ERIC CARPENTERBOARD MEMBER (AS OF 05/2024)

GEORGE LINDEMANNCHAIRMAN

HUGH BUSHBOARD MEMBER

IVANA BERENDIKABOARD MEMBER

JEAN-JACQUES MURRAYBOARD MEMBER

About this charity

Recognized since: January 1980
Location: 2100 COLLINS AVE, MIAMI BEACH, FL 33139-1919
County: Miami-Dade
In care of: % JEAN ORTEGA
Primary officer: SILVIA KARMAN CUBINA, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailrentals@thebass.org Phone(305) 673-7530

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BDO USA
NTEE classification: Arts, Culture & Humanities (A51I)
IRS tax category: Other Grantmaking and Giving Services