Grand Rapids Ballet Co
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,792,132↓13% | $3,381,950↑5% | $5,782,939↓8% | |
| 2022 | $3,217,670↑72% | $3,211,089↑86% | $6,278,277↓12% | — |
| 2021 | $1,874,827↑1% | $1,730,105↓34% | $7,162,912↑4% | — |
| 2020 | $1,850,474↓28% | $2,635,112↓10% | $6,882,171↓6% | — |
| 2019 | $2,552,562↑22% | $2,925,955↑8% | $7,285,963↓1% | — |
| 2018 | $2,089,378↓30% | $2,721,326↓4% | $7,385,731↓8% | — |
| 2017 | $3,005,511↑23% | $2,827,135↓3% | $8,035,167↑2% | — |
| 2016 | $2,443,525↓15% | $2,925,564↑6% | $7,877,799↓4% | — |
| 2015 | $2,891,522↑14% | $2,754,034↑17% | $8,215,678↑9% | — |
| 2014 | $2,546,441↑32% | $2,347,311↑9% | $7,558,763↑2% | — |
| 2013 | $1,933,082↓20% | $2,163,272↓5% | $7,385,974↓3% | — |
| 2012 | $2,403,565↑46% | $2,287,686↑2% | $7,647,112↓1% | — |
| 2011 | $1,650,961 | $2,248,812 | $7,742,167 | — |
Frequently Asked Questions
What does Grand Rapids Ballet Co do?▼
Grand Rapids Ballet Co is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A630 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Grand Rapids Ballet Co financially healthy?▼
Based on our 9-metric Financial Health Score model, Grand Rapids Ballet Co has a score of 82/100 (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 Ballet Co generate?▼
Grand Rapids Ballet Co reports $4.8M in annual revenue and holds $7.3M in total assets, based on IRS filings.
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