Michigan Museums Association

Analysis

Michigan Museums Association is a registered charity in United States, based in Cheboygan, MI. It received its IRS tax-exemption ruling in December 1976, 50 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, Michigan Museums Association reported income of $208k and spending of $166k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $208k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Museums Association sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Buffalo Opera Unlimited Incorporated ($208k), Centre for the Arts ($208k) and Theatre at the Center Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 57% of the total. Other salaries and wages came to $68k. At year end it held assets of $297k against liabilities of $52k, net assets of $244k. It reported 4 employees.