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 12/2019, Henry Ford employed 2,036 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Henry Ford generated $82.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $89.5m during the year ending 12/2019. While expenses have increased by 5.7% per year over the past 5 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

2019

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:

Part 3 - Line 4a

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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brc Imagination Arts Inc
Exhibit Services
$5,050,000
Wjo'neal Construction Inc
Construction-renovations
$6,273,210
Litton Syndications Inc
Tv Show Production
$2,978,000
Real Integrated
Advertising-marketing
$1,790,234
Bluecadet
Exhibit Design & Fabrication
$1,475,659
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $732,612
All other contributions, gifts, grants, and similar amounts not included above$7,699,284
Noncash contributions included in lines 1a–1f $319,955
Total Revenue from Contributions, Gifts, Grants & Similar$8,431,896
Total Program Service Revenue$28,392,879
Investment income $773,043
Tax Exempt Bond Proceeds $0
Royalties $175,438
Net Rental Income $2,509,377
Net Gain/Loss on Asset Sales $27,196,368
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,999,063
Miscellaneous Revenue$0
Total Revenue $82,375,633

Grants Awarded

Over the last fiscal year, The Edison Institute Inc has awarded $204,224 in support to 3 organizations.

Grant RecipientAmount

HENRY FORD ACADEMY

PURPOSE: CHARTER SCHOOL COSTS

$152,495

OHIO INVENTION CONVENTION

Org PageRecipient Profile

Bay Village, OH

PURPOSE: INVENTION CONVENTION OHIO

$36,979

CALIFORNIA INVENTION CONVENTION

Org PageRecipient Profile

Santa Cruz, CA

PURPOSE: INVENTION CONVENTION CALIFORNIA

$14,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that The Edison Institute Inc has recieved totaling $47,740.

Awarding OrganizationAmount
$25,000
Jane Henson Foundation Inc

New York, NY

PURPOSE: TO SUPPORT THE JIM HENSON EXHIBIT & RELATED PROGRAMMING

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,740
Danaher Foundation

Washington, DC

PURPOSE: CHARITABLE

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$353,508,558
Earnings$53,236,275
Net Contributions$724,109
Other Expense$17,920,166
Ending Balance$389,548,776

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