Glen Arbor Arts Center

Analysis

Glen Arbor Arts Center is a registered charity in United States, based in Glen Arbor, MI. It received its IRS tax-exemption ruling in January 1991, 35 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, Glen Arbor Arts Center reported income of $429k and spending of $453k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $352k to $429k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Glen Arbor Arts Center sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Billings Preservation Society Inc ($429k), Carpe Diem Arts Inc ($429k) and Blackfriars of Rochester Ny Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $81k (18% of expenses). Other salaries and wages came to $96k. At year end it held assets of $1.4m against liabilities of $63k, net assets of $1.3m. It reported 5 employees.