Great Lakes Lighthouse Keepers Association

Analysis

Great Lakes Lighthouse Keepers Association is a registered charity in United States, based in Mackinaw City, MI. It received its IRS tax-exemption ruling in June 1985, 41 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, Great Lakes Lighthouse Keepers Association reported income of $299k and spending of $220k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $299k (+40%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 86% 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 Lighthouse Keepers Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Santa Cruz Childrens Museum of Discovery ($299k), Alliance Francaise D Austin Texas ($299k) and Bach Concert Series ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $45k (20% of expenses). Other salaries and wages came to $44k. At year end it held assets of $2.2m against liabilities of $19k, net assets of $2.1m. It reported 4 employees.