AArts, Culture & HumanitiesEIN: 205071420· Ruling Year: 2008

Grand Rapids Public Museum

Grand Rapids, Michigan

AHealth Score
85A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.34×
Peer Median4.61×
💰
$20.6M
Total Revenue
📊
$9.3M
Total Expenses
🏦
$21.8M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+96.3%
Year-over-year change (2022 → 2023)
Net Margin
+54.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.34
Net assets divided by total expenses
Liabilities-to-Assets
5.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,611,93696%$9,307,8343%$23,162,63597%
2022$10,500,85628%$9,057,92021%$11,773,43420%
2021$8,206,9455%$7,461,9442%$9,797,7226%
2020$8,666,8432%$7,580,0363%$9,209,76914%
2019$8,503,4391%$7,804,9206%$8,061,7417%
2018$8,397,84315%$7,383,1343%$7,517,48811%
2017$9,893,20928%$7,165,1055%$6,760,13263%
2016$7,753,41517%$6,832,2881%$4,144,99223%
2015$6,654,0757%$6,794,63911%$3,367,6226%
2014$6,245,50117%$6,109,7267%$3,569,982122%
2013$5,344,1332%$5,706,901$1,607,10214%
2012$5,260,09624%$5,722,19115%$1,406,01331%
2011$6,906,251$6,718,110$2,036,884

Frequently Asked Questions

What does Grand Rapids Public Museum do?

Grand Rapids Public Museum is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Grand Rapids Public Museum financially healthy?

Based on our 9-metric Financial Health Score model, Grand Rapids Public Museum has a score of 85/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Grand Rapids Public Museum generate?

Grand Rapids Public Museum reports $11.4M in annual revenue and holds $27.1M in total assets, based on IRS filings.

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Grand Rapids Public Museum — Grand Rapids, MI | GiveScope