Flint Institute Of Arts

Organization Overview

Flint Institute Of Arts is located in Flint, MI. The organization was established in 1942. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Flint Institute Of Arts employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flint Institute Of Arts 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 06/2021, Flint Institute Of Arts generated $10.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FLINT INSTITUTE OF ARTS' (FIA) MISSION IS TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ART FOR ALL THROUGH COLLECTIONS, EXHIBITIONS AND EDUCATIONAL PROGRAMS. THE FIA IS THE SECOND LARGEST ART MUSEUM IN THE STATE OF MICHIGAN AND ONE OF THE LARGEST MUSEUM ART SCHOOLS IN THE NATION. EACH YEAR, MORE THAN 150,000 PEOPLE VISIT THE FIA'S GALLERIES AND PARTICIPATE IN FIA PROGRAMS AND SERVICES. FOR MORE THAN 85 YEARS, THE FIA HAS BEEN RESPONSIBLE FOR ACQUIRING, PROTECTING AND PRESENTING A COLLECTION OF ART AND ARTIFACTS SPANNING CONTINENTS AND 5,000 YEARS. THE WORLD RENOWNED COLLECTION, WHICH NOW EXCEEDS 8,000 OBJECTS, IS SIGNIFICANT FOR ITS DEPTH OF IMPORTANT EUROPEAN AND AMERICAN PAINTINGS AND SCULPTURES, 15TH CENTURY TO THE PRESENT, AND ITS EXTENSIVE HOLDINGS OF DECORATIVE AND APPLIED ARTS INCLUDING IMPORTANT ETHNOGRAPHIC STUDY COLLECTIONS DATING BACK FIVE MILLENNIA. EACH YEAR, THE FIA PRESENTS AS MANY AS 13 EXHIBITIONS BOTH FROM OUR PERMANENT COLLECTION AS WELL AS TEMPORARY EXHIBITI

Describe the Organization's Program Activity:

Part 3 - Line 4a

ART WORKSHOPS AND CLASSES PROVIDED TO THE PUBLIC TO INCREASE INDIVIDUAL SKILLS AND ART APPRECIATION


PROVIDING SPECIAL EXHIBITS FOR PUBLIC APPRECIATION AND KNOWLEDGE OF ART


THE COST OF ACQUISITION AND MAINTENANCE OF PERMANENT ART COLLECTION TO DEVELOP PUBLIC APPRECIATION AND KNOWLEDGE OF ART.


NOTIFICATION OF THE PUBLIC OF INSTITUTE PROGRAMS, CLASSES, EXHIBITS, AND OPERATIONS. SALE OF ART ARTICLES RELATED TO THE INSTITUTE'S PROGRAMS THAT ASSIST TO EXPAND ART INTEREST AND SALES OF CAFE ITEMS. SPECIAL EVENTS TO INFORM AND INTEREST THE PUBLIC IN ART.


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Board, Officers & Key Employees

Name (title)Compensation
John Henry III
Director
$234,296
Mike Melenbrink
Asst. Dir Of
$107,139
Thomas Lillie
1st Vice Pre
$0
Mark Lippincott
2nd Vice Pre
$0
Elizabeth Murphy
President
$0
Martha Sanford
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,887,362
All other contributions, gifts, grants, and similar amounts not included above$3,368,131
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,255,493
Total Program Service Revenue$373,453
Investment income $552,912
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,683,447
Net Income from Fundraising Events $24,509
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $59,196
Miscellaneous Revenue$0
Total Revenue $9,980,420

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Flint Institute Of Arts has recieved totaling $2,419,202.

Awarding OrganizationAmount
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO PROVIDE OPERATING SUPPORT FOR THE INSTITUTE AND ENHANCE VISUAL ARTS EXPERIENCES FOR RESIDENTS OF THE REGION.

$1,000,000
Community Foundation Of Greater Flint

Flint, MI

PURPOSE: Program and/or Operational Support

$328,515
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO SUPPORT PUBLIC ART THROUGH THE ART COLLECTION AT THE FLINT INSTITUTE OF ARTS, THE SECOND LARGEST ART MUSEUM IN MICHIGAN.

$250,000
Anna Paulina Foundation

Flint, MI

PURPOSE: GENERAL FUND

$250,000
Foundation For The Flint Cultural Center

Flint, MI

PURPOSE: PROGRAM/OPERATIONAL SUPPORT

$191,270
Bray Charitable Tr-Lord Abbett

Pennington, NJ

PURPOSE: GENERAL OPERATING

$110,660
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,166,143
Earnings$6,508,061
Admin Expense$163,708
Net Contributions$275,210
Other Expense$105,316
Ending Balance$34,680,390

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