Michigan Institute For Contemporary Art

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382575338 ✦ Lansing, MI ✦ Designated as a 501(c)(3)

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Overview

What is Michigan Institute For Contemporary Art?

The Michigan Institute for Contemporary Art, located at 1210 Turner Street, Lansing, MI 48906, is a small nonprofit organization with a team of two dedicated individuals. Their primary focus is on organizing community events that engage artists and audiences, ultimately revitalizing the Lansing Old Town business district. Some of the events they host include JazzFest, BluesFest, art galleries, and various other events that foster a sense of unity between artists and the public. These events serve as a platform for promoting local businesses and fostering a vibrant artistic community within Lansing.


Official website here: www.oldtownarts.org

Is Michigan Institute For Contemporary Art legitimate?

Michigan Institute For Contemporary Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Institute For Contemporary Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $18,000
Professional Fundraising Fees: $4,050
Other Salaries and Wages: $750

For more financial information, click here


Official website here: www.oldtownarts.org

What is the mission statement of Michigan Institute For Contemporary Art?

The Michigan Institute For Contemporary Art focuses on organizing community events as a means to foster connections between artists and audiences. These events, such as JazzFest and BluesFest, serve to promote artistic expression and stimulate engagement within the community. Additionally, the institute utilizes art galleries and other events to support local businesses and boost the district's visibility. By bringing artists and audiences together, the Michigan Institute For Contemporary Art aims to enrich the cultural landscape and contribute to a vibrant community atmosphere.


Official website here: www.oldtownarts.org

Who is the CEO of Michigan Institute For Contemporary Art?

Terry N Terry is the President of Michigan Institute For Contemporary Art.


Official website here: www.oldtownarts.org

What is the revenue of Michigan Institute For Contemporary Art?

Michigan Institute For Contemporary Art's revenue in 2022 was $212,507.


Official website here: www.oldtownarts.org

Who are the executives of Michigan Institute For Contemporary Art and what are their salaries?

The average compensation at Michigan Institute For Contemporary Art during 2022 was $9,375. There are 2 employees and 100 volunteers at Michigan Institute For Contemporary Art.


Here are 6 key members and their salaries:


Terry N Terry (President)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
David Barr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Eyde (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Leathers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
G Thomas Cathey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Slavik (Vice-Pres/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oldtownarts.org

Where can I find the form 990 for Michigan Institute For Contemporary Art?

Michigan Institute For Contemporary Art's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oldtownarts.org

Learn more at the official website: www.oldtownarts.org

Mission Statement of Michigan Institute For Contemporary Art

The Michigan Institute for Contemporary Art is dedicated to fostering community engagement and supporting local businesses by organizing a variety of events. These events, such as JazzFest, BluesFest, art gallery exhibitions, and other activities, serve as platforms for bringing artists and audiences together. By doing so, the institution aims to promote the artistic scene in the community, thereby enhancing the overall appeal of the Lansing Old Town Business District. The Michigan Institute for Contemporary Art's mission is to create a vibrant and inclusive artistic environment, which encourages interaction between artists and the general public, thereby contributing to the cultural richness of the community.

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Impact




October, 2024

The Michigan Institute For Contemporary Art significantly enriches the cultural landscape of Lansing, MI, by organizing community events such as JazzFest and BluesFest, as well as art galleries. These events foster connections between artists and audiences, creating a vibrant environment where creativity flourishes. By bringing together diverse artistic expressions, the institute enhances community engagement and promotes the Lansing Old Town business district, driving foot traffic and boosting local economies. Its focus on arts not only celebrates local talent but also cultivates a sense of belonging and pride within the community, making the area a more dynamic place to live and visit.




This information is meant to be a general summary of Michigan Institute For Contemporary Art. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$212,507 (2022)
Expenses
$186,559 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $118,406
  • Gross Receipts: $212,507

Assets and Liabilities:

  • Total Assets: $621,560
  • Total Liabilities: $207,262
  • Net Assets: $414,298

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORS

Revenue

$65,969

TICKET DONATIONS

Revenue

$16,530

WRISTBAND SALES

Revenue

$12,713

MANAGEMENT FEES

Revenue

$12,000

FESTIVAL SALES

Revenue

$5,086

Organization Details

Founding Year

1984

Principal Officer

Terry N Terry

Main Address

1210 TURNER STREET, LANSING, MI, 489064340

NTEE Category

Code: A20 - Arts

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