The Edison Institute Inc

Organization Overview

The Edison Institute Inc, operating under the name The Henry Ford, is located in Dearborn, MI. The organization was established in 1945. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Henry Ford employed 1,244 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry Ford 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 12/2021, Henry Ford generated $88.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $63.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE EDISON INSTITUTE, KNOWN AS THE HENRY FORD (THF), IS A NATIONAL (CONTINUED ON SCHEDULE O)

Describe the Organization's Program Activity:

EDUCATION THROUGH COLLECTION, PRESERVATION AND INTERPRETATION OF AMERICAN HISTORY FOR A BROAD PUBLIC AUDIENCE. OUR COLLECTIONS INCLUDE APPROXIMATELY ONE MILLION THREE-DIMENSIONAL OBJECTS, PLUS AN ARCHIVE AND LIBRARY COLLECTION OF ABOUT TWENTY-FIVE MILLION ITEMS. WE PROVIDE UNIQUE EDUCATIONAL EXPERIENCES TO APPROXIMATELY 1.5 MILLION GUESTS ANNUALLY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $19,184,890
All other contributions, gifts, grants, and similar amounts not included above$9,426,454
Noncash contributions included in lines 1a–1f $701,513
Total Revenue from Contributions, Gifts, Grants & Similar$28,611,344
Total Program Service Revenue$20,802,854
Investment income $57,967
Tax Exempt Bond Proceeds $0
Royalties $42,768
Net Rental Income $1,343,161
Net Gain/Loss on Asset Sales $28,645,023
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,822,774
Miscellaneous Revenue$0
Total Revenue $88,893,387

Grants Awarded

Over the last fiscal year, The Edison Institute Inc has awarded $321,938 in support to 3 organizations.

Grant RecipientAmount

HENRY FORD ACADEMY

PURPOSE: CHARTER SCHOOL COSTS

$286,938

PENNSYLVANIA INVENTION CONVENTION

PURPOSE: PENNSYLVANIA INVENTION CONVENTION GROWTH

$25,000

NATIONAL HISTORY ACADEMY

Org PageRecipient Profile

Leesburg, VA

PURPOSE: PARTIAL SCHOLARSHIP FOR STUDENT SESSIONS

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 22 grants that The Edison Institute Inc has recieved totaling $1,886,767.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$731,464
Ford Motor Co Fund

Dearborn, MI

PURPOSE: ARTS

$350,000
The Lemelson Foundation

Portland, OR

PURPOSE: TO SUPPORT SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH LINKED TO INVENTION AND ENTREPRENEURSHIP ("STEMIE") PROGRAM, BUILD A SUPPORTIVE ECOSYSTEM FOR INVENTION CONVENTION AFFILIATES' GROWTH, AND TO SUPPORT STEMIES ORGANIZATIONAL GROWTH IN DIVERSITY AND INCLUSION EFFORTS.

$150,000
Dte Energy Foundation

Detroit, MI

PURPOSE: EDUCATION

$142,857
Dte Energy Foundation

Detroit, MI

PURPOSE: EDUCATION

$142,857
The Lemelson Foundation

Portland, OR

PURPOSE: TO CONDUCT A DIVERSITY, EQUITY, AND INCLUSION AUDIT OF THEIR WORK FOCUSED ON INVENTION CONVENTION WORLDWIDE TO IDENTIFY AREAS FOR GROWTH.

$75,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$426,783,339
Earnings$77,171,244
Net Contributions$697,144
Other Expense$18,511,920
Ending Balance$486,139,807

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