The Detroit Institute of Arts

Detroit, Michigan

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 41 peers in Arts, Culture & Humanities with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org9.69×
Peer Median4.86×
💰
$71.2M
Total Revenue
📊
$57.6M
Total Expenses
🏦
$558.5M
Net Assets
📋
$16.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-10.3%
Year-over-year change (2022 → 2023)
Net Margin
+19.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.69
Net assets divided by total expenses
Liabilities-to-Assets
2.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$71,243,43910%$57,633,07622%$574,828,16911%
2022$79,426,03936%$47,165,53211%$519,986,7395%
2021$58,386,97823%$42,374,31713%$547,056,31828%
2020$75,608,5121%$48,949,11913%$427,159,3776%
2019$76,101,49318%$55,955,59934%$403,115,4948%
2018$64,251,3099%$41,618,3984%$372,353,28711%
2017$58,989,12929%$40,056,9683%$335,021,74412%
2016$83,640,72986%$41,362,91093%$299,784,72812%
2015$606,835,5391067%$578,433,1811402%$339,563,45433%
2014$52,019,1504%$38,519,4999%$255,349,03312%
2013$54,282,62657%$35,449,65911%$227,320,66517%
2012$34,478,38339%$31,949,5359%$193,793,858
2011$56,952,417$35,040,257$194,322,686

Frequently Asked Questions

What does The Detroit Institute of Arts do?

The Detroit Institute of Arts is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Detroit Institute of Arts financially healthy?

Based on our 9-metric Financial Health Score model, The Detroit Institute of Arts has a score of 89/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Detroit Institute of Arts generate?

The Detroit Institute of Arts reports $100.8M in annual revenue and holds $665.3M in total assets, based on IRS filings.

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