Midland Center For The Arts Inc

Organization Overview

Midland Center For The Arts Inc is located in Midland, MI. The organization was established in 1966. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2020, Midland Center For The Arts Inc employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 08/2020, Midland Center For The Arts Inc generated $9.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $10.1m during the year ending 08/2020. While expenses have increased by 3.4% 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO ENTERTAIN, EDUCATE AND INSPIRE A DIVERSE AND EXPANDING REGIONAL AUDIENCES IN THE ARTS, SCIENCES AND HUMANITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PRESENT VARIOUS PROGRAMS THAT SUPPORT THE MISSION FO THE CENTER, THAT INCLUDES PROGRAM EXPENSES AND GENERAL OPERATIONS TO SUPPORT THOSE PROGRAMS. EXPENSES INCURRED PROVIDE TECHNICAL SERVICES AND EQUIPMENT TO OPERATE TWO THEATRES, TWO MUSEUMS AND EDUCATION ACTIVITIES, MARKETING AND CENTER MAGAZINE EXPENSES, VISITOR SERVICES, BOX OFFICE AND HOUSE SERVICES, AND SPECIAL EVENTS.


TO PROVIDE FACILITIES, STAFF, AND OTHER RESOURCES TO CARRY OUT THE MISSION OF THE ORGANIZATION THROUGH THE PRESENTATION, SPONSORSHIP, AND SUPPORT OF PERFORMANCES, EXHIBITIONS, AND CULTURAL ACTIVITIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Terri Trotter
President &
$223,858
Jon Loos
VP Ops/guest
$106,052
Lynn Booms
CFO
$104,286
Bryan Jao
VP Performin
$102,672
Lisa Ungerleider
Vice Chair
$0
Stephen Carras
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $36,196
All other contributions, gifts, grants, and similar amounts not included above$3,130,091
Noncash contributions included in lines 1a–1f $104,418
Total Revenue from Contributions, Gifts, Grants & Similar$3,166,287
Total Program Service Revenue$3,101,007
Investment income $1,052,317
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,927,818
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,247,429

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Midland Center For The Arts Inc has recieved totaling $195,686.

Awarding OrganizationAmount
Midland Area Community Foundation

Midland, MI

PURPOSE: ARTS

$148,823
Maxwell K Pribil Irrv Memorial Tr

Columbus, OH

PURPOSE: GENERAL OPERATING

$25,000
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$11,615
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,248
The Doan Family Foundation

Midland, MI

PURPOSE: OPERATING

$2,000
Ludington Family Foundation

Sanford, MI

PURPOSE: OPERATING

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$58,090,739
Earnings$3,348,725
Net Contributions$101,000
Other Expense$3,153,510
Ending Balance$58,386,954

Create an account to unlock the data you need.

or