DETROIT (AP) - Detroit Institute of Arts tax documents show compensation for its two top officers increased by more than 10 percent in 2012, including $50,000 bonuses for each.
The Detroit News reports (https://bit.ly/1oTL7cM ) DIA director Graham Beal’s total compensation increased by 13 percent to about $514,000. Chief operating officer and vice president Annmarie Erickson had a 36 percent bump to about $369,000.
The increases came the same year voters in neighboring counties approved a yearly $23 million property tax millage to fund DIA operations for 10 years.
The DIA board chairman says compensation was based in part on personnel evaluations and the DIA’s financial performance. Museum employees are paid with operating funds including membership dues, donations and the regional tax.
Some creditors pushed for city-owned artwork in the institute’s collection to be sold in Detroit’s historic bankruptcy.
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Information from: The Detroit News, https://detnews.com/
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