Michigan Arts Access

Analysis

Michigan Arts Access is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 1987, 39 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, Michigan Arts Access reported income of $214k and spending of $193k, spending 90% of its income. Across the 4 years on record, from June 2020 to September 2023, income grew from $68k to $214k (+216%), an average of +47% a year. The sharpest change came in the year to September 2021, when income rose by 93%. 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, Michigan Arts Access sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Daly Mansion Preservation Trust Inc ($214k), Newton Depot Authority ($214k) and San Dieguito Art Guild ($214k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). At year end it held assets of $177k against liabilities of $90k, net assets of $87k.