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Nonprofiteer
← INSTITUTE OF CONTEMPORARY ART

Form 990 for tax year 2024

Filed by INSTITUTE OF CONTEMPORARY ART.

Totals

Total revenue
$31,022,519
Total expenses
$21,641,088
Contributions and grants received
$26,063,233
Grants paid
$0
Program service revenue
$2,611,982
Investment income
$1,607,480
Other revenue
$739,824
Total assets, end of year
$146,091,995
Total liabilities, end of year
$5,616,891
Net assets or fund balances, end of year
$140,475,104
Program services expenses (Part IX)
$16,592,895
Management and general expenses
$3,626,686
Fundraising expenses
$1,421,507
Program service expenses (Part III)
$16,592,895

Program services were 76.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JILL MEDVEDOW

    DIRECTOR/EX-OFFICIO (UNTIL 3/31/25)

    Total calculated
    $560,584
    From this org
    $516,794
    From related orgs
    $0
    Other
    $43,790
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $516,794
    Bonus
    $0
    Other
    $0
    Deferred
    $17,500
    Nontaxable benefits
    $26,290
    Filer's total
    $560,584

  • CAMILO ALVAREZ

    EX-OFFICIO, ADVISORY BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KATRINE BOSLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARLES BRIZIUS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DR PAUL BUTTENWIESER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ADELLE CHANG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KAREN SWETT CONWAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARY SCHNEIDER ENRIQUEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER EPSTEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • OLIVER EWALD

    TRUSTEE (UNTIL 9/12/24)

    Total calculated
    $0
    Hours/week
    1

  • DAVID FEINBERG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JESSE FELDMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ILANA FINLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES C FOSTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATHIEU GAULIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK GOODMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HILARY GROVE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • VIVIEN HASSENFELD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HAL HESS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARLA JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT KWAK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NATALIE LEMLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MANNY LOPES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KENT LUCKEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TRISTIN MANNION

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE MARAGANORE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAN O'CONNELL

    TRUSTEE (UNTIL 9/12/24)

    Total calculated
    $0
    Hours/week
    1

  • ERICA GERVAIS PAPPENDICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DEVAL PATRICK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EMMETT G PRICE III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAVID PUTH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LESLIE RIEDEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARIO RUSSO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK SCHWARTZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NICK WINTON

    TRUSTEE (FROM 9/17/24)

    Total calculated
    $0
    Hours/week
    1

  • NICOLE ZATLYN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NORA BURNETT ABRAMS

    DIRECTOR (FROM 5/1/2025)

    Total calculated
    $0
    Hours/week
    1

  • CHARLOTTE WAGNER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • KAMBIZ SHAHBAZI

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • STEVEN D CORKIN

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BRIDGITT EVANS

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • FOTENE DEMOULAS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • WHITNEY LEESE CHIEF OF STAFF

    GOV./SEC./CLERK

    Total calculated
    $166,521
    From this org
    $158,018
    From related orgs
    $0
    Other
    $8,503
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $148,018
    Bonus
    $10,000
    Other
    $0
    Deferred
    $7,901
    Nontaxable benefits
    $602
    Filer's total
    $166,521

  • NATASA VUCETIC CHIEF FINANCIAL

    & OPERATING OFFICER (UNTIL 7/12/24)

    Total calculated
    $153,693
    From this org
    $128,487
    From related orgs
    $0
    Other
    $25,206
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $128,487
    Bonus
    $0
    Other
    $0
    Deferred
    $6,772
    Nontaxable benefits
    $18,434
    Filer's total
    $153,693

  • MARIO ROSSI CHIEF

    FINANCIAL OFFICER (FROM 11/4/24)

    Total calculated
    $56,927
    From this org
    $43,029
    From related orgs
    $0
    Other
    $13,898
    Hours/week
    37.5

  • RUTH ERICKSON CHIEF CURATOR

    DIRECTOR FOR CURATORIAL AFFAIRS

    Total calculated
    $243,676
    From this org
    $230,651
    From related orgs
    $0
    Other
    $13,025
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $220,651
    Bonus
    $10,000
    Other
    $0
    Deferred
    $11,571
    Nontaxable benefits
    $1,454
    Filer's total
    $243,676

  • KATRINA FOSTER

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $288,541
    From this org
    $247,410
    From related orgs
    $0
    Other
    $41,131
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $237,410
    Bonus
    $10,000
    Other
    $0
    Deferred
    $12,718
    Nontaxable benefits
    $28,413
    Filer's total
    $288,541

  • COLETTE RANDALL CHIEF

    COMMUNICATIONS & MARKETING OFFICER

    Total calculated
    $242,905
    From this org
    $202,867
    From related orgs
    $0
    Other
    $40,038
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $192,867
    Bonus
    $10,000
    Other
    $0
    Deferred
    $10,545
    Nontaxable benefits
    $29,493
    Filer's total
    $242,905

  • KELLY GIFFORD

    DEPUTY DIRECTOR

    Total calculated
    $223,180
    From this org
    $211,904
    From related orgs
    $0
    Other
    $11,276
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $201,904
    Bonus
    $10,000
    Other
    $0
    Deferred
    $10,595
    Nontaxable benefits
    $681
    Filer's total
    $223,180

  • KAY MORIARTY O'DWYER

    DIRECTOR OF INDIVIDUAL GIVING

    Total calculated
    $215,763
    From this org
    $175,733
    From related orgs
    $0
    Other
    $40,030
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $175,733
    Bonus
    $0
    Other
    $0
    Deferred
    $9,252
    Nontaxable benefits
    $30,778
    Filer's total
    $215,763

  • JOHN ANDRESS DIRECTOR

    OF PERFORMING & MEDIA ARTS

    Total calculated
    $198,974
    From this org
    $180,052
    From related orgs
    $0
    Other
    $18,922
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $170,052
    Bonus
    $10,000
    Other
    $0
    Deferred
    $9,117
    Nontaxable benefits
    $9,805
    Filer's total
    $198,974

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
ALL BONUSES ARE DISCRETIONAL (NONE ARE GUARANTEED BY A CONTRACT). BONUSES ARE APPROVED BY THE DIRECTOR. BONUSES FOR THE DIRECTOR ARE APPROVED BY THE COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
27 April 2026
IRS schema version
2024v5.5
Source object
202601209349301875

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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