Flint Cultural Center Foundation

Analysis

Flint Cultural Center Foundation is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in April 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Flint Cultural Center Foundation reported income of $12.5m and spending of $11.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $44.7m to $12.5m (-72%), an average of -27% a year. The sharpest change came in the year to June 2020, when income dropped by 65%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Flint Cultural Center Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MI. Charities of a similar size with the same main cause include Flint Institute of Music ($12.5m), Museum of Discovery and Science Inc ($12.5m) and Population Reference Bureau Inc ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.9m against liabilities of $0, net assets of $5.9m.