Western Michigan Fair Association
Ludington, Michigan
B-Health Score
49B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
๐ฐ
$620K
Total Revenue
๐
$647K
Total Expenses
๐ฆ
$362K
Net Assets
๐
$121K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-14.1%
Year-over-year change (2023 โ 2024)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
25.1%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $619,528โ14% | $647,356โ2% | $483,745โ13% | โ |
| 2023 | $721,188โ3% | $631,830โ18% | $554,574โ10% | โ |
| 2022 | $744,300โ69% | $768,724โ119% | $504,903โ4% | โ |
| 2021 | $440,225โ98% | $350,309โ125% | $526,298โ9% | โ |
| 2020 | $222,001โ35% | $155,568โ53% | $483,843โ35% | โ |
| 2019 | $341,328โ4% | $329,923โ5% | $358,280โ78% | โ |
| 2018 | $355,053โ22% | $346,637โ29% | $201,812โ1% | โ |
| 2017 | $290,164โ10% | $268,093โ7% | $203,995โ1% | โ |
| 2016 | $264,811โ1% | $250,631โ12% | $206,117โ5% | โ |
| 2015 | $261,001โ7% | $224,669โ9% | $217,972โ4% | โ |
| 2014 | $244,477โ1% | $246,470โ23% | $209,622โ9% | โ |
| 2013 | $247,757 | $200,977โ7% | $231,257โ31% | โ |
| 2012 | $248,240โ5% | $215,906โ7% | $175,970โ7% | โ |
| 2011 | $237,212 | $201,008 | $164,840 | โ |
Frequently Asked Questions
What does Western Michigan Fair Association do?โผ
Western Michigan Fair Association is a recreation & sports nonprofit organization based in Michigan. It is classified under NTEE code N52 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Western Michigan Fair Association financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Western Michigan Fair Association.
How much revenue does Western Michigan Fair Association generate?โผ
Western Michigan Fair Association reports $620K in annual revenue and holds $484K in total assets, based on IRS filings.
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