Logo for "INSTITUTE OF CONTEMPORARY ART MIAMI INC"

INSTITUTE OF CONTEMPORARY ART MIAMI INC

INSTITUTE OF CONTEMPORARY ART MIAMI INC

Miami, FL, US
501(c)3
EIN
47-1251523
Logo for "INSTITUTE OF CONTEMPORARY ART MIAMI INC"

INSTITUTE OF CONTEMPORARY ART MIAMI INC

Miami, FL, US
501(c)3
EIN
47-1251523

Overview

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Est.

2014

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Institute of Contemporary Art Miami Inc (EIN: 47-1251523) is a nonprofit organization dedicated to promoting contemporary artists and facilitating the exchange of art and ideas both regionally in Miami and internationally. With an operating budget of $13.3 million and total revenue of $14.8 million for the 2024 filing year, ICA Miami supports its mission through a dynamic calendar of exhibitions and programs. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit ICAMIAMI.ORG.

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

38

Median grant size
$25K
Largest grant received
$1M
K
Kris Hinson
Board Member
L
Laurie Lynn Stark
Board Member
M
Michele Beyer
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 UNITED WAY MIAMI INC, Boston Foundation, Inc, and JOHN S AND JAMES L KNIGHT FOUNDATION. 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.
Overview
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