Institute Of Contemporary Art Miami Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 27,281,727 | 974,888 | 26,306,839 | 330.7 | 34% |
| 2015 | 9,374,218 | 2,188,673 | 7,185,545 | 186.7 | 30% |
| 2016 | 13,243,377 | 4,056,597 | 9,186,780 | 127.9 | 32% |
| 2017 | 18,962,987 | 5,007,644 | 13,955,343 | 137.0 | 32% |
| 2018 | 7,777,844 | 8,790,409 | −1,012,565 | 76.7 | 24% |
| 2019 | 10,222,707 | 11,368,858 | −1,146,151 | 58.1 | 19% |
| 2020 | 5,897,117 | 8,057,389 | −2,160,272 | 78.8 | 27% |
| 2021 | 8,674,913 | 7,375,649 | 1,299,264 | 88.3 | 28% |
| 2022 | 9,166,748 | 10,265,997 | −1,099,249 | 62.0 | 22% |
| 2023 | 12,066,773 | 10,185,219 | 1,881,554 | 64.8 | 23% |
In its most recent public year (2023), this organization brought in $1,881,554 more than it spent. Its reserves stood at about 64.8 months of spending, down from 330.7 in 2014. Staff pay was 23% of spending. $33,479,547 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 Miami Inc'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