Lake Effect Community Arts Center
Manistique, Michigan
CHealth Score
44C
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
💰
$44K
Total Revenue
📊
$60K
Total Expenses
🏦
$208K
Net Assets
📋
$25
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+26.5%
Year-over-year change (2022 → 2023)
Net Margin
-34.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.48
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $44,371↑26% | $59,724↑16% | $207,930↓7% | — |
| 2022 | $35,086↓50% | $51,621↑85% | $223,283↓17% | — |
| 2021 | $69,737↓61% | $27,970↑7% | $270,130↑18% | — |
| 2020 | $176,670↑126% | $26,114↓45% | $228,363↑193% | — |
| 2019 | $78,145↑8750% | $47,892↑12055% | $77,807↑392% | — |
| 2015 | $883 | $394 | $15,813 | — |
Frequently Asked Questions
What does Lake Effect Community Arts Center do?▼
Lake Effect Community Arts Center is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A40 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Effect Community Arts Center financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Effect Community Arts Center.
How much revenue does Lake Effect Community Arts Center generate?▼
Lake Effect Community Arts Center reports $65K in annual revenue and holds $216K in total assets, based on IRS filings.
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