AArts, Culture & HumanitiesEIN: 386005447· Ruling Year: 1942

Grand Rapids Symphony Society

Grand Rapids, Michigan

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.14×
Peer Median210.95×
💰
$9.6M
Total Revenue
📊
$10.9M
Total Expenses
🏦
$1.5M
Net Assets
📋
$3.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.3%
Year-over-year change (2022 → 2023)
Net Margin
-12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.14
Net assets divided by total expenses
Liabilities-to-Assets
72.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,638,4024%$10,876,1585%$5,409,58619%
2022$10,068,47919%$10,380,52230%$6,657,5854%
2021$8,438,95415%$7,997,49420%$6,431,1152%
2020$9,967,0854%$9,962,1379%$6,537,14512%
2019$10,341,42012%$10,914,9755%$7,457,7883%
2018$11,740,33613%$11,454,6799%$7,707,48437%
2017$10,361,0446%$10,537,0114%$5,610,1479%
2016$9,810,20713%$10,118,1445%$6,144,76311%
2015$8,704,82514%$9,658,2128%$6,904,97914%
2014$10,152,03935%$8,907,628$8,026,82116%
2013$7,540,87220%$8,926,0301%$6,904,5266%
2012$9,388,90730%$8,808,1905%$7,382,18616%
2011$7,199,442$8,396,864$6,362,966

Frequently Asked Questions

What does Grand Rapids Symphony Society do?

Grand Rapids Symphony Society is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A690 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grand Rapids Symphony Society financially healthy?

Based on our 9-metric Financial Health Score model, Grand Rapids Symphony Society has a score of 63/100 (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 Symphony Society generate?

Grand Rapids Symphony Society reports $9.9M in annual revenue and holds $4.4M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Arts, Culture & Humanities category, or browse all nonprofits in Michigan.

Grand Rapids Symphony Society — Grand Rapids, MI | GiveScope