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National Foundation for Advancement in the Arts INC

Public charity990-T FY2023
DBA: % MELISSA DOVAL
Other · MIAMI, FL · EIN 59-2141837

About

The mission of the national foundation for advancement in the arts, INC. DBA youngarts is to identify exceptional young artists, amplify their potential and invest in their lifelong creative freedom.

In care of Melissa Doval

Donations are tax-deductible
Category
Other
Employees
312
Volunteers
38

Financial Snapshot

FY ending 2023-06-30
Revenue
$12.0M
Expenses
$10.1M
Assets
$56.1M
Liabilities
-$46K

Financial history

$12.8M$6.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $12.0M · Peak FY2018: $12.8M · Avg: $11.8M

Foreign activity (Schedule F)

Total spent abroad$7.7M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$601K
NATIONAL FOUNDATION FOR ADVANCEMENT IN THE ARTS INC
Your actions

Address

2100 Biscayne BLVD
Miami, FL, 33137-501

Governance

Voting board members24
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %11.8%
Permanent endowment %36.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.