Arts Council of Greater Lansing Inc

Analysis

Arts Council of Greater Lansing Inc is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in December 1975, 51 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, Arts Council of Greater Lansing Inc reported income of $848k and spending of $1.0m, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $572k to $848k (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 62%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arts Council of Greater Lansing Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Lang Lang International Music Foundation Inc ($848k), 3s Contemporary Arts Space Inc ($848k) and Barthelmes Conservatory Inc ($847k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $76k (7.5% of expenses). Other salaries and wages came to $145k. At year end it held assets of $2.0m against liabilities of $406k, net assets of $1.6m. It reported 6 employees.