AArts, Culture & HumanitiesEIN: 382198482· Ruling Year: 1978

Great Lakes Shipwreck Historical Society Inc

Sault S Marie, Michigan

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.98×
Peer Median210.95×
💰
$1.3M
Total Revenue
📊
$1.0M
Total Expenses
🏦
$4.0M
Net Assets
📋
$174K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 → 2023)
Net Margin
+20.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.98
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,272,3264%$1,009,6967%$4,188,6127%
2022$1,226,7744%$943,60921%$3,917,7908%
2021$1,273,80642%$779,1437%$3,626,4016%
2020$895,86818%$730,7181%$3,412,1538%
2019$1,089,6314%$735,5723%$3,166,25211%
2018$1,132,7576%$756,3165%$2,842,24411%
2017$1,071,8037%$723,6192%$2,557,33314%
2016$1,002,6226%$707,1865%$2,238,2837%
2015$946,3879%$675,0675%$2,100,6518%
2014$869,9408%$712,36812%$1,940,2281%
2013$804,171$635,09011%$1,952,5243%
2012$804,86921%$714,0801%$1,893,4992%
2011$1,023,258$709,291$1,934,767

Frequently Asked Questions

What does Great Lakes Shipwreck Historical Society Inc do?

Great Lakes Shipwreck Historical Society Inc is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A800 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Great Lakes Shipwreck Historical Society Inc financially healthy?

Based on our 9-metric Financial Health Score model, Great Lakes Shipwreck Historical Society Inc has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Great Lakes Shipwreck Historical Society Inc generate?

Great Lakes Shipwreck Historical Society Inc reports $1.6M in annual revenue and holds $4.6M in total assets, based on IRS filings.

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