Michigan Architectural Foundation
Analysis
Michigan Architectural Foundation is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in June 1959, 67 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 Architectural Foundation reported income of $380k and spending of $148k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $380k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 36% 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 Architectural Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Art Sweats Inc ($380k), Agni Foundation for the Arts ($380k) and Apogaea Incorporated ($380k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.
Income and spending
Where the income comes from
- Contributions & grants 59%
- Other 41%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Art Sweats Inc | New York | $380k |
| Agni Foundation for the Arts | Cedar Park | $380k |
| Apogaea Incorporated | Denver | $380k |
| Water Street Glassworks | Benton Harbor | $380k |