Cincinnati Institute of Fine Arts
Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$14,874,545
Contributions
87%
Investments
11%
Other
2%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$14,790,024
Grants
67%
Salaries & Benefits
19%
Other
4%
Advertising & Promotion
3%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Depreciation
1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$12,742,057
$12,886,202
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$53,155
$68,554
+29%
Membership Dues
$0
$0
-
Investments
$1,401,764
$1,686,315
+20%
Other
-$1,925,649
$233,474
-112%
Total Revenues
$12,271,327
$14,874,545
+21%
Expenses
2023
2024
Change
Grants
$10,462,905
$9,948,858
-5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,682,004
$2,745,852
+2%
Fees to Service Providers
$422,344
$267,032
-37%
Advertising & Promotion
$347,262
$499,877
+44%
Offices, Occupancy & IT
$336,405
$404,588
+20%
Interest
$75,649
$116,268
+54%
Depreciation
$186,138
$214,691
+15%
Other
$700,438
$592,858
-15%
Total Expenses
$15,213,145
$14,790,024
-3%
Net income
2023
2024
Change
Net income
-$2,941,818
+$84,521
-103%
Functional Expenses
Summary
2023
2024
Change
Program
$12,060,924
$11,572,399
-4%
Admin
$1,254,875
$1,438,919
+15%
Fundraising
$1,897,346
$1,778,706
-6%
Total Expenses
$15,213,145
$14,790,024
-3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)