Morada Way Arts & Cultural District Inc

What it says it does

“Create and maintain an environment that enables a creative & business community to thrive, where artists are inspired & have opportunities to showcase their work, and enrich locals & visitors with arts, cultural programs & events.”From the organization's Form 990-EZ for the year ending Sep 2025, as written (including spelling); all-capital text shown in normal capitalization.

Morada Way Arts & Cultural District Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 3 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Where the money goes, year ending Sep 2025

• Programs $8,014 (8% of $94,474)

Small groups file the shorter Form 990-EZ, which reports program spending but not the management and fundraising split.

Where the money comes from, year ending Sep 2025

• Gifts and grants $46,678 (39%)
• Program fees $31,800 (26%)
• Investment income $42,755 (35%)
• Other $0 (0%)

Revenue trend: Growing. Revenue went from $70,683 (year ending Sep 2021) to $121,233 (Sep 2025), about +14% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Florida nonprofit.

How it compares

The only arts education nonprofit in Islamorada in our directory.

Size: revenue of $121,233 is higher than roughly 30 to 40% of the 79 arts education nonprofits in Florida that report revenue to the IRS (the city count above also includes groups with none). The median is $166,254.

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Florida groups of this type (Arts education, which covers several IRS activity codes). Size only, not a rating.

Around Islamorada and its county

Monroe County, Florida: the Census Bureau estimates about 12,646 children under 18 (July 1, 2024). This directory lists 54 youth and community nonprofits with a mailing ZIP code in the county, about 4.3 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Islamorada

1 licensed child care centers are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

Florida background check rules for youth programs · How BackPR works for arts education nonprofits

Free forms for arts education nonprofits