Friends of the Garden City Historical Museum

Analysis

Friends of the Garden City Historical Museum is a registered charity in United States, based in Garden City, MI. It received its IRS tax-exemption ruling in July 2004, 22 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 December 2023, Friends of the Garden City Historical Museum reported income of $81k and spending of $88k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $81k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Garden City Historical Museum sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Wadena County Historical Society ($81k), Abilene Preservation League ($81k) and Cuarzo Blanco Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of -$6,734 against liabilities of $0, net assets of -$6,734.