Michigan Humanities Council
Analysis
Michigan Humanities Council is a registered charity in United States, based in Marshall, MI. It received its IRS tax-exemption ruling in December 1975, 51 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 October 2023, Michigan Humanities Council reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.4m to $2.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to October 2020, when income rose by 81%. Over the whole period it spent 102% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Humanities Council sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Yunus Emre Foundation Inc ($2.0m), Circle in the Square Theatre School Inc ($2.0m) and Youth Communication New York Center Inc ($2.0m).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (7.9% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.3m against liabilities of $132k, net assets of $1.2m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Yunus Emre Foundation Inc | Washington | $2.0m |
| Circle in the Square Theatre School Inc | New York | $2.0m |
| Youth Communication New York Center Inc | Brooklyn | $2.0m |
| International Life Sciences Institute | Washington | $2.0m |