Cadillac Footliters Inc

Analysis

Cadillac Footliters Inc is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in September 2012, 14 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 August 2023, Cadillac Footliters Inc reported income of $116k and spending of $98k, spending 84% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $119k to $116k (-2.6%), an average of -2.6% a year. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cadillac Footliters Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Bricklandia Inc ($116k), Shango Music and Dance ($116k) and Lakes Region Television ($116k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 55% and program service revenue 39% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.