Arts, Culture, Humanities : Museums

The Institute of Contemporary Art

At the leading edge of art in Boston for 80 years

three stars

86.33

25 Harbor Shore Drive Boston, MA 02210
tel: (617) 478-3102   Web Site
EIN: 04-2104327

Board Leadership
Charles Brizius
President

CEO
Jill Medvedow
Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.33 three stars
  Financial 92.96 four stars
  Accountability & Transparency 82.00 three stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Institute of Contemporary Art (ICA) was founded in 1936 as The Boston Museum of Modern Art; in 1948, the museum changed its name to become the ICA. The ICA strives to share the pleasures of reflection, inspiration, provocation, and imagination that contemporary art offers through public access to art, artists, and the creative process. For more than a half century, the ICA has presented contemporary art in all media - visual arts, film, and video, performance and literature - and created educational programs that encourage an appreciation for contemporary culture. Throughout the ICA's history it has been at the fore in identifying and supporting the most important artists of its time and bringing them to public attention.

The Institute of Contemporary Art (ICA) was founded in 1936 as The Boston Museum of Modern Art; in 1948, the museum changed its name to become the ICA. The ICA strives to share the pleasures of reflection, inspiration, provocation, and imagination that contemporary art offers through public access to art, artists, and the creative process. For more than a half century, the ICA has presented contemporary art in all media - visual arts, film, and video, performance and literature - and created educational programs that encourage an appreciation for contemporary culture. Throughout the ICA's history it has been at the fore in identifying and supporting the most important artists of its time and bringing them to public attention.

Impact Information

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Financial

four stars

92.96

Accountability & Transparency

three stars

82.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.3%
  Administrative Expenses 12.6%
  Fundraising Expenses 10.9%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 3.65
  Program Expenses Growth 9.4%
  Liabilities to Assets 7.8%
All data for Financial Performance Metrics calculations was provided by The Institute of Contemporary Art on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Institute of Contemporary Art on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $28,384,772
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,351,035
   Related Organizations $0
   Government Grants $555,000
Total Contributions $30,290,807
   Program Service Revenue $1,710,066
Total Primary Revenue $32,000,873
   Other Revenue $330,285
TOTAL REVENUE $32,331,158
   
EXPENSES  
   Program Expenses $13,178,194
   Administrative Expenses $2,397,354
   Fundraising Expenses $1,383,906
TOTAL FUNCTIONAL EXPENSES $16,959,454
   
Payments to Affiliates $0
Excess (or Deficit) for the year $15,371,704
   
Net Assets $105,544,950

Charts

Compensation % of Expenses Paid to Title
$524,770 3.09% Jill Medvedow Director, Ex-Officio CEO

Mission

The Institute of Contemporary Art (ICA) was founded in 1936 as The Boston Museum of Modern Art; in 1948, the museum changed its name to become the ICA. The ICA strives to share the pleasures of reflection, inspiration, provocation, and imagination that contemporary art offers through public access to art, artists, and the creative process. For more than a half century, the ICA has presented contemporary art in all media - visual arts, film, and video, performance and literature - and created educational programs that encourage an appreciation for contemporary culture. Throughout the ICA's history it has been at the fore in identifying and supporting the most important artists of its time and bringing them to public attention.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Institute of Contemporary Art (MA) 86.33 three stars
Columbus Museum of Art (OH) 91.79 four stars
Mattress Factory (PA) 88.31 three stars
Museum of Contemporary Art San Diego (CA) 85.22 three stars
The Phillips Collection (DC) 87.82 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

The Institute of Contemporary Art
25 Harbor Shore Drive
Boston, MA 02210
tel: (617) 478-3102
TTY: (617) 478-3287
EIN: 04-2104327

Visit Web Site

Board Leadership

Charles Brizius
President

CEO

Jill Medvedow
Director