Friends of the Garden Theater

Analysis

Friends of the Garden Theater is a registered charity in United States, based in Frankfort, MI. It received its IRS tax-exemption ruling in January 2020, 6 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 (gross receipts test) 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 Theater reported income of $750k and spending of $562k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $750k (+161%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 318%. Over the whole period it spent 24% 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 Theater sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Marian Cheek Jackson Center ($750k), 1940s Ball NFP ($750k) and The Perlman Music Program Suncoast Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. Other salaries and wages came to $121k. At year end it held assets of $3.4m against liabilities of $66k, net assets of $3.3m. It reported 4 employees.