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THE INSTITUTE OF CONTEMPORARY ART INC
THE INSTITUTE OF CONTEMPORARY ART INC
BOSTON, MA, US
•
a.k.a
ICA/Boston
•
501(c)(3)
•
EIN
04-2104327
•
WWW.ICABOSTON.ORG
•
•
Women Led
THE INSTITUTE OF CONTEMPORARY ART INC
BOSTON, MA, US
•
a.k.a
ICA/Boston
•
501(c)(3)
•
EIN
04-2104327
•
WWW.ICABOSTON.ORG
•
•
Women Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
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Grants Received
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2024
(Year End)
$130,407,477
Investments
48%
Property, Plant, & Equipment (net)
27%
Receivables (Non-Related)
13%
Cash & Equivalents
10%
Other Assets
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in
2024
(Year End)
$5,697,167
Payables & Accruals
42%
Other Liabilities
36%
Tax-Exempt Bond Liabilities
22%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$14,381,811
$13,036,031
-9%
Receivables (Non-Related)
$12,772,384
$16,690,147
+31%
Related-Party Receivables
-
-
-
Inventories
$428,203
$396,884
-7%
Prepaid Expenses
$409,455
$686,900
+68%
Investments
$54,356,585
$62,439,777
+15%
Property, Plant, & Equipment (net)
$36,747,855
$34,826,428
-5%
Other Assets
$2,676,971
$2,331,310
-13%
Total Assets
$121,773,264
$130,407,477
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,519,331
$2,371,743
+56%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$1,329,998
$1,253,102
-6%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,400,364
$2,072,322
-14%
Total Liabilities
$5,249,693
$5,697,167
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$77,686,961
$87,644,947
+13%
Unrestricted Net Assets
$38,836,610
$37,065,363
-5%
Net assets
2023
2024
Change
Net assets
+$116,523,571
+$124,710,310
+7%
Balance Sheet
