Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

INSTITUTE OF CONTEMPORARY ART MIAMI INC is a Miami-based nonprofit dedicated to promoting contemporary artists and advancing the exchange, appreciation, and understanding of innovative and experimental art through exhibitions, programs, and its collections. In filing year 2024, it reported an operating budget of $13.3M and total revenue of $14.8M, with support from funders including GREATER MIAMI JEWISH FEDERATION INC, The Miami Foundation, IRMA AND NORMAN BRAMAN ART FOUNDATION C/O BRAMAN MANAGEMENT, JOHN S AND JAMES L KNIGHT FOUNDATION, and VANGUARD CHARITABLE ENDOWMENT PROGRAM.

Mission Statement

THE INSTITUTE OF CONTEMPORARY ART, MIAMI (ICA MIAMI), IS DEDICATED TO PROMOTING THE WORK OF CONTEMPORARY ARTISTS, AND TO THE EXCHANGE OF ART AND IDEAS THROUGHOUT THE MIAMI REGION AND INTERNATIONALLY. THROUGH AN ENERGETIC CALENDAR OF EXHIBITIONS AND PROGRAMS, AND ITS COLLECTIONS, ICA MIAMI PROVIDES AN INTERNATIONAL PLATFORM FOR THE WORK OF ESTABLISHED AND EMERGING ARTISTS AND ADVANCES THE PUBLIC APPRECIATION AND UNDERSTANDING OF THE MOST INNOVATIVE AND EXPERIMENTAL ART OF OUR TIME.
Revenues
$14.8M
Expenses
$13.3M
Net Income:
+$1.5M
Assets
$59.5M
Liabilities
$2.6M
Net Assets:
+$56.9M
Operating Budget
$13.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
42
Median grant size
$25K
Largest grant received
$1M
J
Jorge Gonzalez
Board Member
A
Andre Sakhai
Board Member
L
Laurie Lynn Stark
Board Member

Frequently Asked Questions

What is INSTITUTE OF CONTEMPORARY ART MIAMI INC’s budget?
In 2024, INSTITUTE OF CONTEMPORARY ART MIAMI INC reported an annual operating budget of around $13.3 million. More detailed financial information is available to registered users.
What causes does INSTITUTE OF CONTEMPORARY ART MIAMI INC support?
INSTITUTE OF CONTEMPORARY ART MIAMI INC supports work in Arts education and Art museums.
Where does INSTITUTE OF CONTEMPORARY ART MIAMI INC operate?
INSTITUTE OF CONTEMPORARY ART MIAMI INC is headquartered in Miami, FL.
Who funded INSTITUTE OF CONTEMPORARY ART MIAMI INC recently?
In 2025, INSTITUTE OF CONTEMPORARY ART MIAMI INC received grants from Jewish Communal Fund, HF Foundation Inc, and UNITED WAY MIAMI INC. More information on this organization’s funders is available to registered users.
What is the largest grant INSTITUTE OF CONTEMPORARY ART MIAMI INC received in 2024?
The largest grant to INSTITUTE OF CONTEMPORARY ART MIAMI INC in 2024 exceeds $1 million.
What is INSTITUTE OF CONTEMPORARY ART MIAMI INC’s reliance on government grants?
INSTITUTE OF CONTEMPORARY ART MIAMI INC relied on government grants for less than 5% of their total revenue in 2024.