Grand Rapids Art Museum Foundation
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $798,932↓16% | $1,079,053↑10% | $23,008,034↑8% | |
| 2022 | $953,673↓35% | $979,027↑951% | $21,257,299↓19% | — |
| 2021 | $1,462,954↑120% | $93,122↓10% | $26,204,075↑22% | — |
| 2020 | $665,788↓17% | $103,017↑5% | $21,411,738↑5% | — |
| 2019 | $804,873↓2% | $98,530↓86% | $20,461,672↑3% | — |
| 2018 | $819,147↑57% | $729,534↑2% | $19,852,356↑3% | — |
| 2017 | $523,010↑44% | $715,023↑2% | $19,236,456↑9% | — |
| 2016 | $363,344↓73% | $700,374↓3% | $17,715,066↑4% | — |
| 2015 | $1,366,735↑255% | $719,427↓2% | $16,996,404↓4% | — |
| 2014 | $385,073↓21% | $733,412↓5% | $17,686,056↑2% | — |
| 2013 | $485,878↓31% | $775,373↓9% | $17,329,957↑2% | — |
| 2012 | $703,744↓14% | $851,708↓2% | $16,957,432↑11% | — |
| 2011 | $819,023 | $868,459 | $15,315,342 | — |
Frequently Asked Questions
What does Grand Rapids Art Museum Foundation do?▼
Grand Rapids Art Museum Foundation is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A115 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grand Rapids Art Museum Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Grand Rapids Art Museum Foundation has a score of 60/100 (Grade: B). 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 Grand Rapids Art Museum Foundation generate?▼
Grand Rapids Art Museum Foundation reports $837K in annual revenue and holds $26.7M in total assets, based on IRS filings.
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