AArts, Culture & HumanitiesEIN: 814564213· Ruling Year: 2017

Grand Rapids Symphony Foundation

Grand Rapids, Michigan

B-Health Score
52B-

Financial Health Score

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

Average

💰
$339K
Total Revenue
📊
$1.8M
Total Expenses
🏦
$27.5M
Net Assets
📋
$16K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-85.6%
Year-over-year change (2022 → 2023)
Net Margin
-418.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
15.65
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$339,32286%$1,757,72026%$27,529,2422%
2022$2,358,3484%$1,397,165$26,897,52117%
2021$2,274,103449%$1,402,4244%$32,466,26818%
2020$414,11958%$1,456,14315%$27,536,0224%
2019$980,60162%$1,271,011481%$26,575,2354%
2018$2,611,413$218,845$27,599,3202759931900%
2017$0$0$1

Frequently Asked Questions

What does Grand Rapids Symphony Foundation do?

Grand Rapids Symphony Foundation is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grand Rapids Symphony Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Grand Rapids Symphony Foundation has a score of 52/100 (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 Foundation generate?

Grand Rapids Symphony Foundation reports $978K in annual revenue and holds $28.6M in total assets, based on IRS filings.

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