Dayton Art Institute
- Assets
- $34.9m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 146
- Location
- Dayton, OH
- Founding
- 09/1942
- Data as of
- 12/2022
- EIN
- 31-0537480
Organization Overview
Dayton Art Institute is located in Dayton, OH. The organization was established in 1942. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Dayton Art Institute employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayton Art Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Dayton Art Institute generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $7.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATING MEANINGFUL EXPERIENCES WITH ART
Describe the Organization's Program Activity:
CURATORIAL (INCLUDING COLLECTIONS AND EXHIBITIONS) - CARE, DEVELOPMENT, DISPLAY AND INTERPRETATION OF COLLECTIONS OF MORE THAN 27,000 WORKS OF ART DATING FROM 2500 BC TO PRESENT AND SPANNING CULTURES WORLDWIDE.MAJOR 2022 SPECIAL EXHIBITIONS INCLUDED:BLACK HERITAGE THROUGH VISUAL RHYTHMSART FOR THE AGES: CONSERVATION AT THE DAIAMERICAN MYTH & MEMORY: DAVID LEVINTHAL PHOTOGRAPHS
EDUCATION AND INTERPRETATION - INTERPRETIVE INITIATIVES RANGING FROM TOURS LED BY MUSEUM GUIDES TO "ART + CORE CONNECTIONS" (MULTIPLE TOURS, ART-MAKING EXPERIENCES AND COMPLEMENTARY IN-SCHOOL ACTIVITIES), EDUCATOR WORKSHOPS, MORE THAN 140 CLASSES, TEEN PROGRAM, FAMILY ACTIVITIES, DROP-IN INTERACTIVE EXPERIENCENTER, LECTURES AND SEMINARS, AND MORE THAN 200 ONLINE COURSES AVAILABLE FOR FREE CONSUMPTION, AS WELL AS THE ENTIRE COLLECTION AVAILABLE ONLINE.
HISTORIC BUILDING - THE DAI'S LANDMARK 1930 ITALIAN REVIVAL STYLE BUILDING, DESIGNED BY E. B. GREENE AND ON THE NATIONAL REGISTER OF HISTORIC PLACES, IS ONE OF THE PRIZED ART WORKS THE MUSEUM INTERPRETS. IT SUPPORTS KEY PROGRAMS. EXPENSES FOR THE HISTORIC BUILDING RELATED TO PROGRAM AREAS OF THE MUSEUM AND CONSIST OF OPERATION AND MAINTENANCE, DEPRECIATION AND FINANCING RELATED COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Roediger Director And CEO | Officer | 40 | $234,573 |
Jerry Smith Chief Curator | Officer | 40 | $182,488 |
Kimberly Spurgeon CFO | Officer | 40 | $133,135 |
Stephen Allaire Chair | OfficerTrustee | 1 | $0 |
Daniel Davis Vice Chair | OfficerTrustee | 1 | $0 |
Mark Shaker Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Perfection Group Facilities Maintenance Services | 12/30/15 | $219,679 |
Moody's Of Dayton Facilities Maintenance Services | 12/30/15 | $168,800 |
Kohler Catering Catering | 12/30/15 | $152,719 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $607,038 |
| Related organizations | $0 |
| Government grants | $437,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,055,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,099,469 |
| Total Program Service Revenue | $953,195 |
| Investment income | $543,249 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$91,910 |
| Net Income from Fundraising Events | -$197,416 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$58,666 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,247,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $611,982 |
| Compensation of current officers, directors, key employees. | $342,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,893,790 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $196,271 |
| Payroll taxes | $256,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57 |
| Fees for services: Accounting | $36,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,874 |
| Advertising and promotion | $213,851 |
| Office expenses | $225,219 |
| Information technology | $311,747 |
| Royalties | $0 |
| Occupancy | $521,113 |
| Travel | $33,844 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,881 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,168,129 |
| Insurance | $212,281 |
| All other expenses | $357,382 |
| Total functional expenses | $7,875,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $220,181 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,190,422 |
| Accounts receivable, net | $442,176 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,523 |
| Prepaid expenses and deferred charges | $179,064 |
| Net Land, buildings, and equipment | $10,805,529 |
| Investments—publicly traded securities | $21,904,371 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,756 |
| Total assets | $34,870,022 |
| Accounts payable and accrued expenses | $455,604 |
| Grants payable | $0 |
| Deferred revenue | $206,944 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $299,990 |
| Other liabilities | $582,756 |
| Total liabilities | $1,545,294 |
| Net assets without donor restrictions | $20,081,316 |
| Net assets with donor restrictions | $13,243,412 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,870,022 |