West Michigan Center for Arts and Technology

Analysis

West Michigan Center for Arts and Technology is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, West Michigan Center for Arts and Technology reported income of $3.4m and spending of $2.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.4m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Michigan Center for Arts and Technology sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Youth Leadership Academy ($3.4m), Columbia Academy ($3.4m) and Eastern Shore Regional Library Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $112k (4.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $10.1m against liabilities of $291k, net assets of $9.8m. It reported 32 employees.