THE CLEVELAND INSTITUTE OF ART Charity Report

Public IRS 990 nonprofit record

THE CLEVELAND INSTITUTE OF ART

EIN 34-0714334 · Education (B420)

What they do

THE MISSION STATEMENT of THE CLEVELAND INSTITUTE of ART is AS FOLLOWS: to CULTIVATE CREATIVE LEADERS WHO INSPIRE PEOPLE, STRENGTHEN COMMUNITIES, and CONTRIBUTE to A THRIVING and SUSTAINABLE ECONOMY THROUGH AN INNOVATIVE EDUCATION IN ART and DESIGN.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders48 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

74.87%of revenue went to mission work87.6% of expenses · Program services

3.95%of revenue went to fundraising4.6% of expenses

$85.44spent for every $100 of revenueRevenue covered expenses this year.

6.62%of revenue went to management and office costs7.7% of expenses

$3.27in assets for every $1 spent this yearSome assets cannot be spent right away.

31.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $383,312 for KATHRYN HEIDEMANN (PRESIDENT & DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$46,109,243

Mission workProgram services$34,522,93674.87% of revenue87.6% of expenses

ManagementOffice and general costs$3,050,9446.62% of revenue7.7% of expenses

FundraisingAsking for donations$1,822,0263.95% of revenue4.6% of expenses

Revenue left after expensesReported annual surplus$6,713,33714.56% of revenueShown in gray on the chart

Total expenses$39,395,90685.44% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.6% mission · 7.7% management · 4.6% fundraisingTotal expenses: 85.44% of revenue

2023Expense mix: 87.0% mission · 8.4% management · 4.6% fundraisingTotal expenses: 102.00% of revenue

2022Expense mix: 85.0% mission · 9.3% management · 5.7% fundraisingTotal expenses: 85.88% of revenue

2021Expense mix: 85.3% mission · 9.9% management · 4.7% fundraisingTotal expenses: 97.33% of revenue

2020Expense mix: 84.8% mission · 11.3% management · 3.9% fundraisingTotal expenses: 94.33% of revenue

2019Expense mix: 85.2% mission · 10.7% management · 4.0% fundraisingTotal expenses: 105.73% of revenue

2018Expense mix: 84.6% mission · 11.6% management · 3.8% fundraisingTotal expenses: 106.07% of revenue

2017Expense mix: 83.8% mission · 12.1% management · 4.1% fundraisingTotal expenses: 94.50% of revenue

Money in and money out

Revenue$46,109,243

Expenses$39,395,906

Annual surplus $6,713,337 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$34,522,936 · 87.6% of expenses

Management and office costs$3,050,944 · 7.7% of expenses

Fundraising$1,822,026 · 4.6% of expenses

See all reported dollar amounts

Revenue$46,109,243

Expenses$39,395,906

Assets$128,787,251

Income$48,851,731

Contributions$14,357,460

Mission work (program services)$34,522,936

Fundraising$1,822,026

Management and general$3,050,944

Stocks and bonds$51,860,676

Accounting fees$102,450

Investing fees$128,340

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KATHRYN HEIDEMANNPRESIDENT & DIRECTOR · 55 hrs/week $383,312Base $355,765 · Other $27,547

GREG WATTSPROVOST, VP ACAD · 40 hrs/week $199,162Base $182,095 · Other $17,067

MARIE-LOUISE GUSTAVSSON-MONAGOVP INSTITUTIONAL ADV · 40 hrs/week $180,051Base $163,452 · Other $16,599

JOHN TORTELLICFO, VP BUSINESS · 40 hrs/week $165,722Base $157,429 · Other $8,293

YVETTE SOBKY SHAFFERVP ENROLLMENT MGMT · 40 hrs/week $162,880Base $138,729 · Other $24,151

JOSEPH B FERRITTODIR OF FACILITIES · 40 hrs/week $135,574Base $122,232 · Other $13,342

CHARISE REIDVP HUMAN RESOURCES · 40 hrs/week $129,819Base $123,011 · Other $6,808

MATTHEW MCKENNAASSOC VP INFORMATION · 40 hrs/week $129,540Base $116,527 · Other $13,013

TONY INGRISANODIRECTOR & FACULTY · 1 hrs/week $84,170Base $68,212 · Other $15,958

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (48)

KATHRYN HEIDEMANNPRESIDENT & DIRECTOR

GREG WATTSPROVOST, VP ACAD

MARIE-LOUISE GUSTAVSSON-MONAGOVP INSTITUTIONAL ADV

JOHN TORTELLICFO, VP BUSINESS

YVETTE SOBKY SHAFFERVP ENROLLMENT MGMT

JOSEPH B FERRITTODIR OF FACILITIES

CHARISE REIDVP HUMAN RESOURCES

MATTHEW MCKENNAASSOC VP INFORMATION

TONY INGRISANODIRECTOR & FACULTY

LISA CODISPOTIDIRECTOR

KIM NORDSTROMDIRECTOR

LYNNE SHLONSKYDIRECTOR

MARGARET FULTON-MUELLERDIRECTOR

MARIANNE BERNADOTTEDIRECTOR

MARK SMITHDIRECTOR

MARK REIGELMANN IIDIRECTOR

MARTIN TARRDIRECTOR

MATTHEW L GREENEDIRECTOR

MICHAEL PORTDIRECTOR

PAUL PESSESDIRECTOR

PETER J PRONOVOSTDIRECTOR

ROBERT M SIEWERTDIRECTOR

RUTH SWETLAND EPPIGDIRECTOR

SUSAN STONEDIRECTOR

SVETLANA LOSHAKOVDIRECTOR

WILLIAM BUSTADIRECTOR

WILLIAM N MASTERSDIRECTOR

HEATHER HOLMESDIRECTOR

ANGELA MCDONALD-FISHERDIRECTOR

AUGUST FLUKEROFFICER OF BOARD

CAREY L SPENCERDIRECTOR

CATHY STAMLERDIRECTOR

CHRISTOPHER HOWSEDIRECTOR

CURLEE RAVEN HOLTONDIRECTOR

CYNTHIA PRIOR GASCOIGNEOFFICER OF BOARD

FRAN BELKINOFFICER OF BOARD

GREG S SHAWDIRECTOR

GROSVIE COOLEYDIRECTOR

LAURA OSPANIKDIRECTOR

HOWARD M GROEDELOFFICER OF BOARD

JAMES KEENEDIRECTOR

JAMES D LINCOLNDIRECTOR

JANET A SPREENOFFICER OF BOARD

JOHN MUELLEROFFICER OF BOARD

JOSE LONGORIADIRECTOR

JOSIE ANDERSONDIRECTOR

AMY BENDALLDIRECTOR

KYLA EPSTEIN SCHNEIDERDIRECTOR

About this charity

Recognized since: January 1920
Location: 11610 EUCLID AVE, CLEVELAND, OH 44106-4349
County: Cuyahoga
In care of: % ALMUT ZVOSEC
Primary officer: MELANIE WALKER, CFO & VP BUSINESS

How to reach them

WebsiteVisit the charity’s website Phone(216) 421-7000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MALONEY NOVOTNY LLC
NTEE classification: Education (B420)