Nonprofit · EIN 04-2761924
DESIGN MANAGEMENT INSTITUTE INC
Tax-exempt · BOSTON, MA 02111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $426,070 | $423,576 | $2,494 | $57,300 | $203,511 | -$146,211 |
| December 31, 2023 | 990 | $322,336 | $473,375 | -$151,039 | $63,293 | $211,998 | -$148,705 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $123,704
- Membership dues
- $100,784
- Program service revenue
- $302,364
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $124,447
- Other salaries and wages
- $90,297
- Salaries, compensation and benefits (total)
- $233,454
- Professional fundraising fees
- $0
- Legal fees
- $1,170
- Accounting fees
- $10,656
- Occupancy
- $38,718
- Travel
- $14,594
- Depreciation
- $640
- Program services (functional)
- $381,219
- Management and general (functional)
- $42,357
Balance sheet and other
- Total assets, start of year
- $63,293
- Total assets, end of year
- $57,300
- Total liabilities, end of year
- $203,511
- Net assets, end of year
- -$146,211
- Land, buildings and equipment
- $1,237
- Net assets without donor restrictions
- -$146,211
- Gross receipts
- $426,070
- Employees
- 2
- Year formed
- 1981
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLE BILSON | President Trustee or director, Officer | 40 | $124,447 |
| JILL LAWRENCE | Director Trustee or director | 1 | $0 |
| IAIN AITCHISON | Chairman Trustee or director | 1 | $0 |
| KEVIN BETHUNE | Chairman Trustee or director | 1 | $0 |
| KELLY JURA | Director Trustee or director | 1 | $0 |
| JERRY KATHMAN | Treasurer Trustee or director | 1 | $0 |
| BETSY GOODRICH | Secretary Trustee or director | 1 | $0 |
| JOE PERDEW | Director Trustee or director | 1 | $0 |
| ERNESTO QUINTEROS | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAROLE BILSON | President Trustee or director, Officer | 40 | $167,197 |
| JILL LAWRENCE | Director Trustee or director | 1 | $0 |
| IAIN AITCHISON | Chairman Trustee or director | 1 | $0 |
| KEVIN BETHUNE | Chairman Trustee or director | 1 | $0 |
| KELLY JURA | Director Trustee or director | 1 | $0 |
| JERRY KATHMAN | Treasurer Trustee or director | 1 | $0 |
| BETSY GOODRICH | Secretary Trustee or director | 1 | $0 |
| JOE PERDEW | Director Trustee or director | 1 | $0 |
| ERNESTO QUINTEROS | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 38 CHAUNCY ST STE 800, BOSTON, MA 02111-2320
- Principal officer (990 for 2024)
- CAROLE BILSON, 24 THORNDIKE STREET, CAMBRIDGE, MA 02141
- Signed the 990
- CAROLE BILSON, President
- Phone
- (617) 338-6380
- Website
- WWW.DMI.ORG
- Return prepared by
- DeMott & Smith CPAs PC
Mission
TO BE THE INTERNATIONAL AUTHORITY, RESOURCE, AND ADVOCATE IN DESIGN MANAGEMENT.
Program accomplishments
- THE INSTITUTE SPONSORS EDUCATIONAL SERVICES CONSISTING OF DISCUSSION SESSIONS, CONFERENCES, PUBLICATIONS, AND OTHER READING MATERIALS FOR ITS MEMBERS.Expenses $381,219
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2761924
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A03)
- Assets (IRS master file)
- $57,300
- Income (IRS master file)
- $426,070
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $426,070 | $423,576 | $57,300 | XML |
| 990 | December 2023 | $322,336 | $473,375 | $63,293 | XML |
| 990 | December 2022 | $545,497 | $584,950 | $212,418 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2761924).
Questions about DESIGN MANAGEMENT INSTITUTE INC
- What is the EIN of DESIGN MANAGEMENT INSTITUTE INC?
- The employer identification number (EIN) of DESIGN MANAGEMENT INSTITUTE INC is 04-2761924.
- Is DESIGN MANAGEMENT INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to DESIGN MANAGEMENT INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DESIGN MANAGEMENT INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DESIGN MANAGEMENT INSTITUTE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DESIGN MANAGEMENT INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DESIGN MANAGEMENT INSTITUTE INC?
- The 990 for the year ended December 31, 2024 names CAROLE BILSON.
- Who are the officers and directors of DESIGN MANAGEMENT INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $124,447 (CAROLE BILSON, President).
- How much revenue does DESIGN MANAGEMENT INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $426,070, expenses of $423,576 and total assets of $57,300 at year end.
Other nonprofits in BOSTON
- MUSEUM OF FINE ARTS EIN 04-2103607 · last filed 990 for 2025
- BOSTON SYMPHONY ORCHESTRA INC EIN 04-2103550 · last filed 990 for 2025
- MUSEUM OF SCIENCE EIN 04-2103916 · last filed 990 for 2025
- BOSTON BALLET INC EIN 04-2312734 · last filed 990 for 2025
- ISABELLA STEWART GARDNER MUSEUM INC EIN 04-2104334 · last filed 990 for 2025
- FACING HISTORY & OURSELVES INC EIN 04-2761636 · last filed 990 for 2025
- INSTITUTE OF CONTEMPORARY ART EIN 04-2104327 · last filed 990 for 2025
- HUNTINGTON THEATRE COMPANY INC EIN 22-2659560 · last filed 990 for 2025
All nonprofits in BOSTON · Massachusetts · Arts, culture and humanities