Durand Union Station Inc

Analysis

Durand Union Station Inc is a registered charity in United States, based in Durand, MI. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Durand Union Station Inc reported income of $179k and spending of $169k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $179k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Durand Union Station Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Castleton Festival ($179k), Upstate Community Enhancement Foundation Inc ($179k) and 5p Society ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $45k (27% of expenses). Other salaries and wages came to $53k. At year end it held assets of $209k against liabilities of $380, net assets of $209k. It reported 7 employees.