Friday, September 19, 2014

Top DIA Officials Receive Huge Compensation Increases While Running Deficit, Raking in Taxpayer Money

Top DIA Officials Receive Huge Compensation Increases While Running Deficit, Raking in Taxpayer Money [Michigan Capitol Confidential]:
Detroit Institute of Arts director sees compensation increase from $455K to $514K
Graham Beal, director of the DIA, saw his total compensation increase from $455,453 in 2012 to $513,868 in 2013, a 12.8 percent increase. In two years, Beal’s total compensation has increased 20 percent from $426,699 in 2011 to the $513,868.
Annmarie Erickson, executive vice president of the DIA, saw her total compensation jump 36.3 percent as it increased from $270,802 in 2012 to $369,366 in 2013. Erickson was recently given an additional title of Chief Operating Officer, according to the DIA website.
The salaries are reported on the DIA’s 990 Form. The most recent 2013 990 Form from the DIA was recently released by Guidestar.
The increases came despite what is described on the DIA website as a "structural operating deficit."
In 2012, voters in Macomb, Wayne and Oakland counties approved a 10-year, $230 million millage for the DIA.

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