AArts, Culture & HumanitiesEIN: 464121514· Ruling Year: 2014

Great Lakes Center For The Arts

Bay Harbor, Michigan

A-Health Score
82A-

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 Org8.60×
Peer Median210.95×
💰
$11.2M
Total Revenue
📊
$4.6M
Total Expenses
🏦
$40.0M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+131.2%
Year-over-year change (2022 → 2023)
Net Margin
+58.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.60
Net assets divided by total expenses
Liabilities-to-Assets
7.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$11,195,469131%$4,649,6531%$42,987,67817%
2022$4,842,72424%$4,623,28027%$36,831,1922%
2021$6,372,255169%$3,635,6012%$37,486,1932%
2020$2,365,94826%$3,569,26914%$38,242,2795%
2019$3,185,06835%$4,146,13445%$40,114,8375%
2018$4,885,120149%$2,866,488184%$42,178,43921%
2017$1,958,95989%$1,009,7126%$34,992,27514%
2016$17,702,884366%$1,077,59888%$30,650,054135%
2015$3,797,20262%$572,299755%$13,070,10331%
2014$10,005,749$66,969$9,978,227

Frequently Asked Questions

What does Great Lakes Center For The Arts do?

Great Lakes Center For The Arts is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A61 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Great Lakes Center For The Arts financially healthy?

Based on our 9-metric Financial Health Score model, Great Lakes Center For The Arts has a score of 82/100 (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 Center For The Arts generate?

Great Lakes Center For The Arts reports $3.6M in annual revenue and holds $41.2M in total assets, based on IRS filings.

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