FLINT INSTITUTE OF ARTS
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$7,985,358
Contributions
47%
Government Grants
28%
Program Services
9%
Investments
9%
Other
7%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$7,940,991
Salaries & Benefits
54%
Offices, Occupancy & IT
16%
Depreciation
13%
Other
9%
Advertising & Promotion
4%
Fees to Service Providers
4%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,194,019
$3,767,414
+18%
Government Grants
$2,104,093
$2,262,421
+8%
Fundraising Events
$0
$0
-
Program Services
$743,024
$737,247
-1%
Membership Dues
$0
$0
-
Investments
$742,931
$695,737
-6%
Other
$517,024
$522,539
+1%
Total Revenues
$7,301,091
$7,985,358
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,901,297
$4,304,465
+10%
Fees to Service Providers
$258,357
$292,751
+13%
Advertising & Promotion
$297,775
$326,456
+10%
Offices, Occupancy & IT
$1,171,482
$1,256,788
+7%
Interest
$0
$0
-
Depreciation
$1,045,785
$1,044,340
0%
Other
$714,417
$716,191
+0%
Total Expenses
$7,389,113
$7,940,991
+7%
Net income
2023
2024
Change
Net income
-$88,022
+$44,367
-150%
Functional Expenses
Summary
2023
2024
Change
Program
$5,877,468
$6,274,091
+7%
Admin
$1,366,825
$1,478,964
+8%
Fundraising
$144,820
$187,936
+30%
Total Expenses
$7,389,113
$7,940,991
+7%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)