AArts, Culture & HumanitiesEIN: 382019397· Ruling Year: 1973

Music Hall Center For The Performing Arts Inc

Detroit, Michigan

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.28×
Peer Median210.95×
💰
$9.5M
Total Revenue
📊
$8.4M
Total Expenses
🏦
$2.3M
Net Assets
📋
$8.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.7%
Year-over-year change (2022 → 2023)
Net Margin
+11.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.28
Net assets divided by total expenses
Liabilities-to-Assets
77.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,507,79614%$8,392,35125%$10,468,57321%
2022$11,010,799109%$11,172,479187%$8,659,857117%
2021$5,279,34071%$3,896,67923%$3,982,18369%
2020$3,095,67751%$3,164,20541%$2,362,70928%
2019$6,272,19620%$5,330,8011%$1,841,50446%
2018$5,243,7532%$5,270,7113%$3,428,3025%
2017$5,370,8465%$5,438,37412%$3,612,21611%
2016$5,660,05554%$4,837,47038%$4,070,47526%
2015$3,678,7284%$3,505,3697%$5,466,5584%
2014$3,536,9052%$3,789,3625%$5,247,26812%
2013$3,480,67917%$3,602,67117%$4,685,5766%
2012$4,188,61614%$4,341,53014%$4,425,5416%
2011$3,667,891$3,816,208$4,686,093

Frequently Asked Questions

What does Music Hall Center For The Performing Arts Inc do?

Music Hall Center For The Performing Arts Inc is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A610 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Music Hall Center For The Performing Arts Inc financially healthy?

Based on our 9-metric Financial Health Score model, Music Hall Center For The Performing Arts Inc has a score of 66/100 (Grade: B+). 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 Music Hall Center For The Performing Arts Inc generate?

Music Hall Center For The Performing Arts Inc reports $9.3M in annual revenue and holds $20.5M in total assets, based on IRS filings.

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