Florida · Nonprofit
INSTITUTE OF CONTEMPORARY ART MIAMI INC
INSTITUTE OF CONTEMPORARY ART MIAMI INC (Florida) receives grants from 92 organizations whose IRS filings report $34,656,562 to it, the largest being GREATER MIAMI JEWISH FEDERATION INC ($9,088,455). 50 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $16M
- Funders on record
- 92
- Grants received
- $35M
- Net assets
- $61M
What Institute of Contemporary Art Miami Inc does
Mission
The institute of contemporary art, miami (ica miami), is dedicated to promoting the work of contemporary artists, and to the exchange of art and ideas throughout the miami region and internationally. Through an energetic calendar of exhibitions and programs, and its collections, ica miami provides an international platform for the work of established and emerging artists and advances the public appreciation and understanding of the most innovative and experimental art of our time.
As stated on its FY2025 Form 990.
Programs
Exhibitions and collections during fiscal year 2025, ica miami hosted a wide range of exhibitions from diverse international artists. Major exhibitions during fiscal year 2025 included the following: from november 2024 to march 2025, ica miami presented "keichi tanaami: memory collage," a survey of foundational japanese pop artist, keichi taanami, which included six decades of works. Tanaami was part of the first generation of postwar japanese artists who had to urgently find ways to mediate the trauma of nuclear war and the arrival of psychedelic culture to japan in the 1960s. He worked across various media, from animations and collages to paintings and digital videos. From november 2024 to march 2025, ica miami presented "crossroads: rubem valentim's 1960s." rubem valentin was the first brazilian artist to marry the long history of geometric abstraction in painting with a visual language derived from the afro-brazilian religion of candomble, producing unprecedented new forms. The exhibition focus specifically in the work of the 1960s, which was the most important and ground-breaking decade of valetim's production. From december 2024 to march 2025, ica miami showcased laurie…
$6,365,936 spent$257,773 earned by the program67% of program spendingCommunications through its communications program, ica miami communicates its mission and activities to the public, informing audiences about contemporary art and its importance in our society through multiple media. Ica miami continues to employ a comprehensive marketing and outreach strategy to support engagement with both tourists and miami residents of all ages and socioeconomic backgrounds. The museum maintains dedicated staff for marketing, communications, and digital production and works with leading pr agencies to ensure significant audience reach and press attention on the local, national, and international levels. Key strategies in fy2025 included: 1. Publishing full-page print ads in cultured, design district magazine, and other art publications. 2. Implementing digital campaigns with local media outlets such as miami herald, miami new times, time out miami and wlrn. 3. Running targeted google adwords and display advertising campaigns. 4. Broadcasting radio spots promoting ica miami's mission of free and open access. 5. Posting and advertising across ica miami's social media platforms (with continued growth in instagram, facebook, and x/twitter followers, reaching a…
$1,217,778 spent13% of program spendingPublic programs during fiscal year 2025, ica miami continued to generate a robust program of public presentations, lectures, seminars, artist talks, live performances, and podcasts. Building on the structure that divides the institution's public programs into focused components, programming was developed under the following rubrics: art + research center, ica ideas, ica performs, and ica speaks. * art + research center (a+rc) ica miami's a+rc remains the museum's platform for advanced study and dialogue on art and ideas, offering free college-level seminars and public lectures. In fy2025, the a+rc hosted multiple three-week seminar cycles led by prominent artists, theorists, and scholars, addressing themes such as the uncanny in the visuals arts (october 15-31, 2024), the arts of afro-brazil (may 12-19, 2025), and cultural production and questions of climate (august 10-13, 2025). Over the course of the year, the a+rc presented 10 public lectures and released a new season of its podcast, featuring artists and scholars including charles gaines, tony ousler, deborah levitt, jeffery sconce, robertoi conduru, luis nicolas pares, and kris rovetto-biagioli. The a+rc summer intensive…
$988,661 spent10% of program spendingEducation and outreach ica miami continues to expand its educational initiatives to serve students, families, and community partners. The young artists initiative provided an intensive, application-based program for 10th-12th grade students, offering direct engagement with practicing artists and critical art history coursework. Students developed portfolios culminating in an exhibition at ica miami. Ica miami also offered summer portfolio prep for middle school students applying to magnet and charter art programs, and saturday art classes for children ages 8-14. Together, these programs served more than 100 participants during fy2025. Outreach programs engaged underserved children and youth through partnerships with miami-dade public schools and community organizations. Ica miami curricula foster visual literacy and empower participants' social and cultural identities. In fy2025, more than 1000 students were served. Ica miami hosted family programs including family fest and weekly workshops designed to welcome children of all abilities. These accessible programs combined storytelling, art-making, and movement, serving over 500 families during fy2025.
$911,757 spent10% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $9,484,132.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $60M to $80M (+34%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 1% · 2019 0% · 2020 0% · 2021 8% · 2022 6% · 2023 8% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.
97% of INSTITUTE OF CONTEMPORARY ART MIAMI INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 18 funders to 43 funders, grant income fell $7.3M → $4.6M.
23 of 92 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of INSTITUTE OF CONTEMPORARY ART MIAMI INC’s funders (the co-funder graph). Top 30 of 92 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
INSTITUTE OF CONTEMPORARY ART MIAMI INC has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INSTITUTE OF CONTEMPORARY ART MIAMI INC.
Largest funder’s share by year: 2017 83% · 2018 59% · 2019 19% · 2020 20% · 2021 26% · 2022 17% · 2023 16% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
41% of INSTITUTE OF CONTEMPORARY ART MIAMI INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
63% of INSTITUTE OF CONTEMPORARY ART MIAMI INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $13M that is directly attributable, 74% of it comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $22M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
INSTITUTE OF CONTEMPORARY ART MIAMI INC runs a healthier operating margin than half of the 570 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025
Government funding INSTITUTE OF CONTEMPORARY ART MIAMI INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $175k on record.
- National Endowment for the Arts$175k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like INSTITUTE OF CONTEMPORARY ART MIAMI INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
75%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for INSTITUTE OF CONTEMPORARY ART MIAMI INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INSTITUTE OF CONTEMPORARY ART MIAMI INC?
- INSTITUTE OF CONTEMPORARY ART MIAMI INC (Florida) receives grants from 92 organizations whose IRS filings report $34,656,562 to it, the largest being GREATER MIAMI JEWISH FEDERATION INC ($9,088,455). 50 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does INSTITUTE OF CONTEMPORARY ART MIAMI INC have?
- IRS filings report 92 organizations giving $34,656,562 in grants to INSTITUTE OF CONTEMPORARY ART MIAMI INC, 50 of which have funded it in more than one year.
- Who is the largest funder of INSTITUTE OF CONTEMPORARY ART MIAMI INC?
- GREATER MIAMI JEWISH FEDERATION INC is the largest funder on record, with $9,088,455 in grants. The full list of funders is on this page.
- How can an organization like INSTITUTE OF CONTEMPORARY ART MIAMI INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Institute of Contemporary Art Miami →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 92 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing