Blue Lake Fine Arts Camp

Analysis

Blue Lake Fine Arts Camp is a registered charity in United States, based in Twin Lake, MI. It received its IRS tax-exemption ruling in October 1967, 59 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Blue Lake Fine Arts Camp reported income of $8.6m and spending of $8.9m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $11.0m to $8.6m (-22%), an average of -5.9% a year. The sharpest change came in the year to September 2021, when income rose by 235%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Lake Fine Arts Camp sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Gateway Creative Broadcasting Inc ($8.6m), National Dance Institute Inc ($8.6m) and Detroit Historical Society ($8.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.6% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $165k (1.8% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $12.2m against liabilities of $4.0m, net assets of $8.2m. It reported 622 employees.