Grandville Avenue Arts and Humanities Inc

Analysis

Grandville Avenue Arts and Humanities Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in December 1999, 27 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 June 2023, Grandville Avenue Arts and Humanities Inc reported income of $1.3m and spending of $791k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $482k to $1.3m (+168%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 110%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grandville Avenue Arts and Humanities Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Kern County Museum Foundation ($1.3m), Clearwater Jazz Holiday Foundation Inc ($1.3m) and Fusion Comp Crew ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $132k (17% of expenses). Other salaries and wages came to $272k. At year end it held assets of $3.5m against liabilities of $88k, net assets of $3.5m. It reported 12 employees.