Great Lakes Observing System Regional Association

Analysis

Great Lakes Observing System Regional Association is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Great Lakes Observing System Regional Association reported income of $3.5m and spending of $3.6m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $3.5m (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Lakes Observing System Regional Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Energy Innovation Center Institute Inc ($3.5m), Tremont Theatre Inc ($3.5m) and Purelements an Evolution in Dance ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $464k (13% of expenses). Other salaries and wages came to $641k. At year end it held assets of $412k against liabilities of $458k, net assets of -$47k. It reported 10 employees.