Ramsdell Regional Center for the Arts

Analysis

Ramsdell Regional Center for the Arts is a registered charity in United States, based in Manistee, MI. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Ramsdell Regional Center for the Arts reported income of $527k and spending of $540k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $375k to $527k (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ramsdell Regional Center for the Arts sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include United Way of Galveston Inc ($527k), Brighter Horizon ($527k) and Coca Qalicb Inc ($527k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 35% of the total. Other salaries and wages came to $132k. At year end it held assets of $40k against liabilities of $17k, net assets of $22k. It reported 7 employees.