The Edison Institute Inc
78% goes to programs $28 to raise $100 Strong reserves
The Edison Institute Inc is a 501(c)(3) organization based in Dearborn, Michigan, registered in 1945, with $98,212,448 in FY2024 revenue. CharityIndex grades it B+, and it directs about 78% of spending to programs.
20900 Oakwood Blvd, Dearborn, MI, 48124 EIN 38-1359513 Since 1945
Revenue (FY2024)
$98.2M
▲ 20.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$95.5M
Net assets
$500.8M
Employees
1,818
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating78% to programs · $28 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Edison Institute Inc: 78% to programs · $28 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating63 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Edison Institute Inc: 63 mo reserves · +3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Edison Institute Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Edison Institute Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The edison institute, known as the henry ford (thf), is a national (continued on schedule o)
Contact & location
- Address
- 20900 Oakwood Blvd, Dearborn, MI, 48124
- City
- Dearborn
- State
- Michigan
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.0M (FY2013) to $98.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $55.6MNet assets $500.8M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$556.4M
Total liabilities
$55.6M
Net assets
$500.8M
Salaries & benefits
$48.4M
51% of expenses
Board members
22
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $98,212,448▲20.0% | $95,505,239▲8.8% | $500,784,016▲3.0% | $556,409,286▲3.1% | 990 |
| 2023 | $81,867,725▲43.7% | $87,786,358▲18.9% | $486,383,064▲1.9% | $539,586,110▲1.8% | 990 |
| 2022 | $56,954,524▼35.9% | $73,848,872▲16.9% | $477,446,202▼12.2% | $529,837,527▼11.4% | 990 |
| 2021 | $88,893,387▲74.8% | $63,176,100▼2.4% | $543,499,127▲16.9% | $598,342,638▲15.1% | 990 |
| 2020 | $50,844,039▼38.3% | $64,708,547▼27.7% | $465,030,055▲5.8% | $519,735,526▲3.8% | 990 |
| 2019 | $82,375,633▼6.9% | $89,524,359▲12.0% | $439,611,720▲4.4% | $500,471,122▲4.3% | 990 |
| 2018 | $88,481,169▲21.1% | $79,957,715▲6.1% | $421,018,508▼3.0% | $479,952,229▼3.2% | 990 |
| 2017 | $73,073,261▼8.4% | $75,344,480▲11.7% | $434,045,199▲8.4% | $496,015,133▲6.7% | 990 |
| 2016 | $79,732,331▲29.4% | $67,466,222▼0.4% | $400,352,643▲3.2% | $464,750,917▲3.0% | 990 |
| 2015 | $61,610,348▼22.3% | $67,707,047▲2.7% | $387,973,941▼2.3% | $451,428,209▼2.7% | 990 |
| 2014 | $79,243,633▲49.5% | $65,911,993▲13.9% | $397,080,445▲0.9% | $463,955,466▲2.8% | 990 |
| 2013 | $53,023,137 | $57,887,327▼3.0% | $393,345,281▲9.8% | $451,353,935▲6.6% | 990 |
| 2012 | — | $59,697,638▲0.2% | $358,251,338▲5.6% | $423,573,534▲5.8% | 990 |
| 2011 | — | $59,607,136▲8.3% | $339,198,706▼7.1% | $400,443,439▼5.5% | 990 |
| 2010 | — | $55,022,293 | $365,237,000 | $423,594,132 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Patricia E Mooradian — $840,128 (0.88% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Patricia E Mooradian | President and Secretary | 40 | $840,128 |
| James S Medford | Sr Vp & Chief Advancement Officer | 40 | $363,052 |
| Brent Ott | Chief Operating Officer | 40 | $358,093 |
| Jason M Greuther | Vp Historical Resources & Chief Curator | 40 | $275,069 |
| Ellen H Zeringue | Vp Venues, Programs and Marketing | 40 | $274,656 |
| Stephanie Trotter | Vp of Finance and Cfo | 40 | $262,691 |
| Bonnie M Lobert | Vp Talent & Culture/chief Talent Officer | 40 | $250,971 |
| John C Neilson | Vp Venues & Experiences | 40 | $196,128 |
| Alec D Gallimore | Trustee | 1 | — |
| Alessandro F Uzielli | Trustee | 1 | — |
| Bruce Meyer | Trustee | 1 | — |
| Bud Denker | Trustee | 1 | — |
| Carla Walker-miller | Trustee | 1 | — |
| Christopher F Hamp | Trustee | 1 | — |
| Elizabeth Ford Kontulis | Trustee | 1 | — |
| Eliza Kontulis Getz | Trustee | 1 | — |
| Hendrik Meijer | Trustee | 1 | — |
| Henry Ford III | Trustee | 1 | — |
| John W Ingle III | Trustee | 1 | — |
| Jon Oberheide | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| O'neal Construction Inc | Construction-renovations | $9,998,788 |
| Smz | Media Production/marketing | $1,511,204 |
| People's Transit Ltd | Transportation Services | $1,197,224 |
| Schena Roofing & Sheet Metal | Construction Services | $1,067,076 |
| Cambridge Associates LLC | Investment Services | $883,760 |
Grants received · $5.4M total
73 grants to The Edison Institute Inc totaling $5.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Arts and culture | 2024 | $265,430 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| Maine Community Foundation Inc | Science & technology | 2024 | $27,100 |
| Delta Dental Plan of Michigan | Charitable donation | 2024 | $25,000 |
| American Endowment Foundation | Arts, culture | 2024 | $20,000 |
| United Jewish Foundation | To support education | 2024 | $15,000 |
| Independent Charitable Gift Fund | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,445 |
| American Online Giving Foundation Inc | General support | 2023 | $786,907 |
| Community Foundation For Southeast Michigan | Arts | 2023 | $246,350 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $31,665 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $26,100 |
| Maine Community Foundation Inc | Science & technology | 2023 | $26,080 |
| Delta Dental Plan of Michigan | Charitable donation | 2023 | $25,000 |
| American Endowment Foundation | Arts, culture | 2023 | $20,000 |
Grants made · $353K in FY2024
1 grant totaling $353K in FY2024. All grants made by The Edison Institute Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Henry Ford Academy | Charter school cost | $353,264 |
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Compare The Edison Institute Inc
Frequently asked questions
- Is The Edison Institute Inc a legitimate nonprofit?
- Yes. The Edison Institute Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1359513, based in Dearborn, Michigan. Donations are tax-deductible.
- What is The Edison Institute Inc's EIN?
- The Edison Institute Inc's Employer Identification Number (EIN) is 38-1359513.
- How much revenue does The Edison Institute Inc report?
- The Edison Institute Inc reported $98,212,448 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Edison Institute Inc's spending goes to programs?
- The Edison Institute Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Edison Institute Inc have?
- CharityIndex grades The Edison Institute Inc B+, based on program efficiency and fundraising cost.
- How much does The Edison Institute Inc's highest-paid employee make?
- The highest reported compensation on The Edison Institute Inc's latest Form 990 is $840,128, paid to Patricia E Mooradian (President and Secretary).
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Data for The Edison Institute Inc (EIN 38-1359513) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.