Northern Michigan Antique Flywheelers Club Inc

Analysis

Northern Michigan Antique Flywheelers Club Inc is a registered charity in United States, based in Walloon Lake, MI. It received its IRS tax-exemption ruling in April 1992, 34 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, Northern Michigan Antique Flywheelers Club Inc reported income of $99k and spending of $65k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $99k (-3.0%), an average of -3.0% a year. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Michigan Antique Flywheelers Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Exchange Arts ($99k), Seeing Place ($99k) and Ralph Ellison Foundation ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 52% of the total. At year end it held assets of $511k against liabilities of $0, net assets of $511k.