Great Lakes Bay Production

Analysis

Great Lakes Bay Production is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in July 2019, 7 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, Great Lakes Bay Production reported income of $68k and spending of $62k, spending 92% of its income. Across the 2 years on record, from December 2020 to December 2023, income grew from $29k to $68k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Lakes Bay Production sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include East Texas Symphonic Band Inc ($68k), Austin Area Quilt Guild ($68k) and Bookstock Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.