Friends of the Apostle Islands National Lakeshore Inc

Analysis

Friends of the Apostle Islands National Lakeshore Inc is a registered charity in United States, based in Bayfield, WI. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Apostle Islands National Lakeshore Inc reported income of $411k and spending of $170k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $281k to $411k (+46%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Apostle Islands National Lakeshore Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Silicon Valley Jewish Film Festival ($411k), American Chemical Society ($411k) and Greensboro Ballet Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $73k (43% of expenses). Other salaries and wages came to $5,879. At year end it held assets of $647k against liabilities of $2,681, net assets of $645k. It reported 3 employees.