Institute Of Contemporary Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,178,834 | 10,171,538 | 7,296 | 74.1 | 39% |
| 2012 | 19,400,277 | 11,548,800 | 7,851,477 | 72.8 | 38% |
| 2013 | 13,483,294 | 11,346,090 | 2,137,204 | 77.0 | 40% |
| 2014 | 18,739,062 | 11,911,348 | 6,827,714 | 81.9 | 41% |
| 2015 | 14,449,285 | 12,871,432 | 1,577,853 | 77.0 | 41% |
| 2016 | 13,563,332 | 17,953,525 | −4,390,193 | 51.7 | 32% |
| 2017 | 23,692,665 | 15,163,979 | 8,528,686 | 69.9 | 40% |
| 2018 | 32,331,158 | 16,959,454 | 15,371,704 | 74.7 | 38% |
| 2019 | 14,555,912 | 20,054,059 | −5,498,147 | 60.9 | 35% |
| 2020 | 18,722,449 | 17,421,156 | 1,301,293 | 70.3 | 41% |
| 2021 | 26,427,567 | 14,575,137 | 11,852,430 | 96.6 | 44% |
| 2022 | 23,728,812 | 21,762,422 | 1,966,390 | 60.8 | 31% |
| 2023 | 23,241,848 | 22,036,975 | 1,204,873 | 63.5 | 34% |
In its most recent public year (2023), this organization brought in $1,204,873 more than it spent. Its reserves stood at about 63.5 months of spending, down from 74.1 in 2011. Staff pay was 34% of spending. $77,686,961 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
Institute Of Contemporary Art'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