Downriver Actors Guild
Analysis
Downriver Actors Guild is a registered charity in United States, based in Wyandotte, MI. It received its IRS tax-exemption ruling in August 2010, 16 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, Downriver Actors Guild reported income of $228k and spending of $238k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $230k to $228k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 73%. 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, Downriver Actors Guild sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Mivos Quartet Performing Arts Inc ($227k), Twentieth Century Club of Buffalo Preservation Foundation LT ($228k) and Sierra School of Performing Arts ($227k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 89% of the total. At year end it held assets of $425k against liabilities of $454k, net assets of -$30k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 4.7%
- Program services 89%
- Other 6.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mivos Quartet Performing Arts Inc | Brooklyn | $227k |
| Twentieth Century Club of Buffalo Preservation Foundation LT | Buffalo | $228k |
| Sierra School of Performing Arts | Reno | $227k |
| South Carolina Pride Movement Inc | Columbia | $228k |