Cheboygan Area Arts Council Inc
Cheboygan, Michigan
A-Health Score
78A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$501K
Total Revenue
📊
$415K
Total Expenses
🏦
$482K
Net Assets
📋
$13K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+6.8%
Year-over-year change (2022 → 2023)
Net Margin
+17.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $501,420↑7% | $414,726↓13% | $494,485↑19% | |
| 2022 | $469,711↑44% | $475,899↑175% | $414,431↓6% | — |
| 2021 | $326,320↑63% | $173,282↓26% | $438,931↑55% | — |
| 2020 | $200,390↓31% | $235,135↓28% | $283,149↓6% | — |
| 2019 | $291,733↓8% | $325,411↑17% | $302,287↓7% | — |
| 2018 | $318,643↑82% | $278,659↑43% | $324,861↑6% | — |
| 2017 | $174,863↓23% | $195,078↓3% | $306,589↓10% | — |
| 2016 | $227,393↑27% | $200,084↓4% | $339,903↑9% | — |
| 2015 | $179,284↓25% | $207,829↓14% | $311,635↓4% | — |
| 2014 | $238,389↑21% | $242,335↑3% | $323,328↓4% | — |
| 2013 | $196,420 | $234,199↓2% | $337,245↓9% | — |
| 2012 | $195,795↓7% | $240,079↑10% | $369,446↓10% | — |
| 2011 | $210,172 | $218,257 | $412,351 | — |
Frequently Asked Questions
What does Cheboygan Area Arts Council Inc do?▼
Cheboygan Area Arts Council Inc is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A26Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cheboygan Area Arts Council Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Cheboygan Area Arts Council Inc.
How much revenue does Cheboygan Area Arts Council Inc generate?▼
Cheboygan Area Arts Council Inc reports $722K in annual revenue and holds $1.3M in total assets, based on IRS filings.
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