Detroit Institute Of Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 56,952,417 | 35,040,257 | 21,912,160 | 62.4 | 32% |
| 2012 | 34,478,383 | 31,949,535 | 2,528,848 | 66.1 | 36% |
| 2013 | 54,282,626 | 35,449,659 | 18,832,967 | 67.9 | 34% |
| 2014 | 52,019,150 | 38,519,499 | 13,499,651 | 71.2 | 33% |
| 2015 | 606,835,539 | 578,433,181 | 28,402,358 | 5.0 | 2% |
| 2016 | 83,640,729 | 41,362,910 | 42,277,819 | 76.3 | 36% |
| 2017 | 58,989,129 | 40,056,968 | 18,932,161 | 91.7 | 36% |
| 2018 | 64,251,309 | 41,618,398 | 22,632,911 | 100.4 | 36% |
| 2019 | 76,101,493 | 55,955,599 | 20,145,894 | 81.1 | 29% |
| 2020 | 75,608,512 | 48,949,119 | 26,659,393 | 101.0 | 35% |
| 2021 | 58,386,978 | 42,374,317 | 16,012,661 | 150.5 | 39% |
| 2022 | 79,426,039 | 47,165,532 | 32,260,507 | 129.0 | 36% |
| 2023 | 71,243,439 | 57,633,076 | 13,610,363 | 116.3 | 35% |
In its most recent public year (2023), this organization brought in $13,610,363 more than it spent. Its reserves stood at about 116.3 months of spending, up from 62.4 in 2011. Staff pay was 35% of spending. $221,884,410 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Detroit Institute Of Arts's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works