Phillip and Patricia Frost Museum of Science Inc
1101 Biscayne Blvd, Miami, FL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $22,372,362 | $31,501,840 | $182,163,590 |
| FY2024 | $22,775,015 | $32,917,683 | $191,293,068 |
| FY2023 | $28,357,016 | $35,209,334 | $201,435,736 |
| FY2022 | $21,571,073 | $29,171,431 | $208,288,054 |
| FY2021 | $21,735,134 | $27,003,867 | $215,888,412 |
| FY2020 | $13,791,602 | $27,902,313 | $221,157,145 |
| FY2019 | $19,801,491 | $32,319,994 | $235,267,856 |
| FY2018 | $23,136,055 | $36,520,013 | $247,961,359 |
| FY2017 | $46,677,191 | $29,653,394 | $261,345,317 |
| FY2016 | $51,418,045 | $14,879,036 | $242,272,415 |
| FY2015 | $59,617,066 | $15,862,395 | $205,729,556 |
| FY2014 | $71,844,998 | $18,073,946 | $161,978,735 |
| FY2013 | $48,175,733 | $10,840,308 | $108,216,257 |
| FY2012 | $27,275,125 | $9,295,685 | $70,893,524 |
Form 990 filings
The returns filed by Phillip and Patricia Frost Museum of Science Inc (EIN 59-0854960), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $4,322,588 | 19% |
| Program service revenue | $17,578,677 | 79% |
| Other revenue | $471,097 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $26,747,695 | 85% |
| Management & general | $3,690,241 | 12% |
| Fundraising | $1,063,904 | 3% |
What the numbers show
- Program service revenue made up 79% of total revenue in FY2025.
- Program services accounted for 85% of functional expenses, management & general 12%, and fundraising 3%.
- 85% of functional expenses went to program services in FY2025. That is higher than 81% of 42 Arts, Culture & Humanities organizations in FL.
- Net assets covered about 69.4 months of expenses at the end of the reporting year. That puts it in the 85th percentile among 1557 Arts, Culture & Humanities organizations in FL.
- Total revenue was higher than 99.3% of 1605 Arts, Culture & Humanities organizations in FL.
- Total revenue fell from $27,275,125 in FY2012 to $22,372,362 in FY2025. Revenue increased in 4 and decreased in 9 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $71,844,998 in FY2014.
- Net assets grew from $70,893,524 to $182,163,590 between FY2012 and FY2025.
- Contributions and grants made up 93% of revenue in FY2012 and 19% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
FROST SCIENCE INSPIRES AND CONNECTS PEOPLE OF ALL AGES AND BACKGROUNDS TO ENJOY SCIENCE AND TECHNOLOGY, AND TO BETTER UNDERSTAND OURSELVES AND OUR WORLD.
IRS status
| Ruling year | 1950 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A570 — Arts, Culture & Humanities |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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