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Filing year 2023

MICHIGAN INSTITUTE FOR CONTEMPORARY ART

Lansing, Michigan·EIN 38-2575338·3
Total revenue
$183k
Total assets
$569k
Total expenses
$189k
Reported officers
10
Mission

COMMUNITY EVENTS SUCH AS JAZZFEST, BLUESFEST, ART GALLERY AND OTHER EVENTS THAT BRING ARTISTS TOGETHER WITH AUDIENCES AND THAT PROMOTE THE LANSING OLD TOWN BUSINESS DISTRICT.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Secretary/tr
10th to 25th percentile
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Held steady
from 2022

From $18k in 2022 to $18k in 2023.

$18k
2022
$18k
2023
In today's dollarsEst.
Down 4% in real terms$21k to $20k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay held roughly steady from 2022 to 2023, while revenue fell 10%.

$18k in 2022 to $18k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MICHIGAN INSTITUTE FOR CONTEMPORARY ART reported revenue and expenses across 2 filing years.

RevenueExpenses
$202k
$228k
2022
$183k
$189k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MICHIGAN INSTITUTE FOR CONTEMPORARY ART

What does the Chief Financial Officer of MICHIGAN INSTITUTE FOR CONTEMPORARY ART earn?

In 2023, the Chief Financial Officer of MICHIGAN INSTITUTE FOR CONTEMPORARY ART received $18,000 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at MICHIGAN INSTITUTE FOR CONTEMPORARY ART compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at MICHIGAN INSTITUTE FOR CONTEMPORARY ART falls between the 10th and 25th percentiles.

What are MICHIGAN INSTITUTE FOR CONTEMPORARY ART's revenue and expenses?

In 2023, MICHIGAN INSTITUTE FOR CONTEMPORARY ART reported $183k in total revenue and $189k in total expenses on its IRS Form 990.

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