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Maryland Institute

Maryland Institute College Of Art

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 520591661 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Maryland Institute?

The Maryland Institute, also known as Maryland Institute College of Art, is a renowned education institution based in Baltimore, Maryland. With approximately 1,800 students and a workforce of 1,673 employees, this degree-granting college specializes in fine arts, applied arts, and art education. Grants are distributed to help students with their financial aid, faculty development, student awards, and fellowships. The Maryland Institute is committed to fostering professional artists and promoting the advancement of art within the community.


Official website here: www.mica.edu

Is Maryland Institute legitimate?

Maryland Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,666,560
Professional Fundraising Fees: $27,028
Other Salaries and Wages: $38,914,873

For more financial information, click here


Official website here: www.mica.edu

What is the mission statement of Maryland Institute?

Maryland Institute is a private college dedicated to the education of professional artists and the advancement of art in the community. As a degree-granting institution, it offers programs in fine arts, applied arts, and art education. With approximately 1,800 students, the college grants financial aid, scholarships, fellowships, and faculty development grants. The mission of Maryland Institute is to nurture and develop artists, providing them with the skills and knowledge necessary to thrive in their chosen field. The college fosters an environment that encourages creativity and innovation, empowering students to make their mark in the art world.


Official website here: www.mica.edu

Who is the CEO of Maryland Institute?

Samuel Hoi is the President of Maryland Institute.


Official website here: www.mica.edu

What is the revenue of Maryland Institute?

Maryland Institute's revenue in 2022 was $138,711,160.


Official website here: www.mica.edu

Who are the executives of Maryland Institute and what are their salaries?

The average compensation at Maryland Institute during 2022 was $25,452. There are 1,673 employees and 30 volunteers at Maryland Institute.

Here are 48 key members and their salaries:

    Samuel Hoi (President)
  • Compensation: $545,651
  • Related: $0
  • Other: $43,542

    • Don Jones (Vp Advancement)
  • Compensation: $263,447
  • Related: $0
  • Other: $26,027

    • Alexandra Kim (Vp Technology)
  • Compensation: $231,697
  • Related: $0
  • Other: $30,430

    • Douglas Mann (Vp Finance & Operations (End 10/21))
  • Compensation: $243,454
  • Related: $0
  • Other: $4,261

    • Audrey Tanner (Vp, Admission And Financial Aid)
  • Compensation: $207,761
  • Related: $0
  • Other: $19,610

    • David Bogen (Vp Of Academic Affairs (End 7/21))
  • Compensation: $192,308
  • Related: $0
  • Other: $21,911

    • Sheri Parks (Vp Strategic Init)
  • Compensation: $192,053
  • Related: $0
  • Other: $20,963

    • Tiffany Holmes (Vice Provost - Academic Affairs)
  • Compensation: $175,615
  • Related: $0
  • Other: $29,502

    • Michael Patterson (Vp Student Affairs)
  • Compensation: $163,851
  • Related: $0
  • Other: $28,482

    • Christian Lallo (Vp Strategic Comm)
  • Compensation: $154,111
  • Related: $0
  • Other: $22,513

    • Stacey Salazar (Vice Provost - Graduate Studies)
  • Compensation: $152,214
  • Related: $0
  • Other: $17,483

    • David Gracyalny (Vice Provost-Open Studies)
  • Compensation: $138,706
  • Related: $0
  • Other: $22,407

    • Scott Nobel (Avp Facilities Mgt)
  • Compensation: $136,235
  • Related: $0
  • Other: $23,784

    • Michael Weikert (Dir Of Ctr For Design Practice)
  • Compensation: $140,269
  • Related: $0
  • Other: $18,635

    • Colette Veasey-Cullors (Interim Vp - Ug Studies)
  • Compensation: $143,612
  • Related: $0
  • Other: $8,661

    • Bill Gaskins (Full Time Faculty)
  • Compensation: $135,836
  • Related: $0
  • Other: $5,191

    • Martin Lemelle (Vp Of Finance; Begin 9/21)
  • Compensation: $117,167
  • Related: $0
  • Other: $12,941

    • Shanna Hines (Vp Of Pb&C (Formerly Hr) (Begin 8/21))
  • Compensation: $85,180
  • Related: $0
  • Other: $9,861

    • Stuart Clarke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Jachman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheela Murthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Tsui (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey G Bunting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Angelos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liza Sanchez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James F Blue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Brusselback (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Burton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Cho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wonhong Cho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart B Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwen Davidson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald E Fidler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Garfinkle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kibebe Gizaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fredye Wright Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juliana Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric A Jordahl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thibault Manekin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil A Meyerhoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Dabney Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michel Modell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Perkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Stephens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Sieh-Takata (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Tiburzi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Wallack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mica.edu

    Where can I find the form 990 for Maryland Institute?

    The Maryland Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mica.edu

    Learn more at the official website: www.mica.edu

    Mission Statement of Maryland Institute

    Maryland Institute, a private degree-granting college, is devoted to the education of professional artists and the advancement of art in the community. With a mission to nurture creativity and artistic prowess, this accredited institution offers programs in fine arts, applied arts, and art education. The student body, comprised of approximately 1,800 individuals, benefits from various forms of financial aid, awards, fellowships, and faculty development grants. Maryland Institute is dedicated to fostering a thriving arts community and fostering the next generation of artists. Through its rigorous academic programs, Maryland Institute equips students with the skills and knowledge necessary to succeed in the arts world. The college's commitment to art education extends beyond the classroom, as it aims to make a meaningful impact on the wider community. By providing opportunities for artistic expression and engagement, Maryland Institute serves as a vital cultural resource for its students and the public.

    Impact

    This information is meant to be a general summary of Maryland Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Maryland Institute, a degree-granting college dedicated to the education of professional artists and the advancement of art in the community, has a significant impact on the field of arts and education. With programs in fine arts, applied arts, and art education, the institute serves approximately 1,800 students, providing them with the knowledge and skills needed to pursue careers in the arts.

    Through its accreditation and commitment to excellence, Maryland Institute plays a crucial role in nurturing the next generation of artists and creative professionals. By offering financial aid, student awards, fellowships, and faculty development grants, the institute supports individuals in their artistic endeavors and contributes to the overall growth and development of the arts community.

    The impact of Maryland Institute extends beyond its campus in Baltimore, Maryland, as its graduates go on to make significant contributions to the art world and society at large. By equipping students with the tools and resources they need to succeed, the institute helps shape the future of art and education, leaving a lasting impression on individuals, communities, and the broader cultural landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,816,303
  • Program Service Revenue: $112,139,288
  • Gross Receipts: $229,136,981

    • Assets and Liabilities:
  • Total Assets: $329,055,533
  • Total Liabilities: $102,693,819
  • Net Assets: $226,361,714
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION & FEES

    Revenue

    $99,704,159

    DORMITORIES

    Revenue

    $8,831,766

    AUXILIARY ENTERPRISES

    Revenue

    $2,835,027

    BOOKSTORE

    Revenue

    $768,336

    Organization Details

    Founding Year

    1826

    Principal Officer

    Samuel Hoi

    Main Address

    1300 MOUNT ROYAL AVENUE, BALTIMORE, MD, 21217

    NTEE Category

    Code: B42 - Education

    If you are a representative of Maryland Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.