Friends of the University of Michigan Gilbert and Sullivan

Analysis

Friends of the University of Michigan Gilbert and Sullivan is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of the University of Michigan Gilbert and Sullivan reported income of $61k and spending of $55k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $61k (+20%), an average of +9.4% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the University of Michigan Gilbert and Sullivan sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Whittier School Parent Teacher Organization PTO ($61k), Illinois Math Academy NFP ($61k) and California Barbeque Association Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $507k against liabilities of $205, net assets of $507k.