PHILLIP AND PATRICIA FROST MUSEUM OF SCIENCE INC

MIAMI, FL, 33132-1758 (305) 434-9600 Est. 1949 EIN 59-0854960
A570— Arts, Culture & Humanities Form 990 501(c)(3)
WWW.FROSTSCIENCE.ORG

Mission

FROST SCIENCE INSPIRES AND CONNECTS PEOPLE OF ALL AGES AND BACKGROUNDS TO ENJOY SCIENCE AND TECHNOLOGY, AND TO BETTER UNDERSTAND OURSELVES AND OUR WORLD.

Giving Portfolio

Total Grants
12
Total Giving
$566K
Recipients
12
Years Active
2018 - 2023
Avg grant: $39,474 Median: $27,767

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$35K $35K01
20221$30K $30K01
20211$31K $31K01
20201$26K $26K01
20195$246K $49K23
20183$199K $66K30

Sectors Funded

Education
7
Arts, Culture & Humanities
3

Top States

Georgia
5
Indiana
2
Illinois
2
California
2
New York
1

Grantee Size Profile

Over $50M
7
$1M - $5M
1

Top Grantees

Grants Awarded · 10 grants

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Financials

Total Revenue
$22,775,015
Total Expenses
$32,917,683
Net Assets
$191,293,068
295 employees 105 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
5.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 19.7%
Expenses ↓ 6.5%
Revenue Sources
Contributions 13.4% Earned revenue 80.6% Investment 2.2% Other 4.0%
Expense Breakdown
Program 82.8% Management 13.6% Fundraising 3.6%

Officers & Trustees (35)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Oct 1, 2023 to Sep 30, 2024
$22,775,015 $32,917,683$191,293,068
2022 Form 990
Oct 1, 2022 to Sep 30, 2023
$28,357,016 $35,209,334$201,435,736
2021 Form 990
Oct 1, 2021 to Sep 30, 2022
$21,571,073 $29,171,431$208,288,054
2020 Form 990
Oct 1, 2020 to Sep 30, 2021
$21,735,134 $27,003,867$215,888,412
2019 Form 990
Oct 1, 2019 to Sep 30, 2020
$13,791,602 $27,902,313$221,157,145
2018 Form 990
Oct 1, 2018 to Sep 30, 2019
$19,801,491 $32,319,994$235,267,856
2017 Form 990
Oct 1, 2017 to Sep 30, 2018
$23,136,055 $36,520,013$247,961,359

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EIN: 59-0854960 · Source: IRS Form 990 e-file data