Michigan League of Handweavers

Analysis

Michigan League of Handweavers is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in November 1989, 37 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 2024, Michigan League of Handweavers reported income of $51k and spending of $49k, spending 97% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $57k to $51k (-11%), an average of -11% a year. Over the whole period it spent 107% 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 League of Handweavers sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within MI. Charities of a similar size with the same main cause include Desert Soul Media ($51k), Baltimore Shakespeare Factory Inc ($51k) and Santa Barbara Art Association ($51k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 1.3% and program service revenue 75% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.