Public Charity

THE INSTITUTE OF CONTEMPORARY ART INC

THE INSTITUTE OF CONTEMPORARY ART INC is a Public Charity headquartered in BOSTON, MA. Financial data from the 2025 filing: $31.0M revenue, $21.6M expenses, $146.1M total assets. 113 publicly reported grants to this organization, totaling roughly $54.1M, appear in IRS filings.

EIN: 042104327 BOSTON, MA Art Museums NTEE: A51 Latest filing: 2025
Total Revenue$31.0M
Total Expenses$21.6M
Total Assets$146.1M
Grant Records113
Funding Total$54.1M
Filing Years2021–2025

Mission

THE MISSION OF THE INSTITUTE OF CONTEMPORARY ART ("ICA") IS TO SHARE THE PLEASURES OF REFLECTION, INSPIRATION, PROVOCATION, AND IMAGINATION THAT CONTEMPORARY ART OFFERS THROUGH PUBLIC ACCESS TO ART, ARTISTS, AND THE CREATIVE PROCESS.

Where $100 goes at The Institute of Contemporary Art Inc

How The Institute of Contemporary Art Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$12 Management running the organization
$8 Fundraising raising the next dollar

Inside the $80 for programs

$45
Art exhibitions
56% of program spending · Reported in the filing: 25 exhibits
$10
Education, adults, teens:the ica offers a robust range of educational programs built around themes in contemporary art and culture
13% of program spending · Reported in the filing: 50 organizations; 826 individuals; 2,905 people
$9
Performing and media arts:the ica presents some of the most innovative and forward-looking choreographers, musicians, filmmakers, theater companies and multi-disciplinary artists from Boston and the rest of the…
11% of program spending · Reported in the filing: 46 programs; 51 performances; 30 screenings

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$4,512,866
$2,000,000
2024
General support for programs, operations and other charitable purposes
$800,000
2024
Operating Support/Annual Fund
$434,250
2024
CULTURE & ARTS
$208,500

Showing up to 5 of 113 total records — full history available with membership.

Officers & Directors

TRUSTEE Adelle Chang
CO-CHAIR Bridgitt Evans
EX-OFFICIO, ADVISORY BOARD CHAIR Camilo Alvarez
TRUSTEE Charla Jones
TRUSTEE Charles Brizius
PRESIDENT Charlotte Wagner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$44,330,270 66 grants
Arts & Culture
$4,048,415 35 grants
Health & Medicine
$200,000 2 grants
Unspecified
$5,484,360 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $31.0M $21.6M $146.1M
2024 $20.4M $20.4M $130.4M
2023 $23.2M $22.0M $121.8M
2022 $23.7M $21.8M $113.8M
2021 $26.4M $14.6M $121.3M

Between 2021 and 2025, reported annual revenue grew from $26.4M to $31.0M (+17%), with total assets most recently reported at $146.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE INSTITUTE OF CONTEMPORARY ART INC

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