AArts, Culture & HumanitiesEIN: 382837266· Ruling Year: 1989

Grand Rapids Public Museum Foundation

Grand Rapids, Michigan

AHealth Score
87A

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

Working Capital Ratio (net assets ÷ expenses)

This Org36.62×
Peer Median210.95×
💰
$2.5M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$51.9M
Net Assets
📋
$203K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.6%
Year-over-year change (2022 → 2023)
Net Margin
+44.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
36.62
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,532,16122%$1,416,78611%$52,089,82810%
2022$3,228,94186%$1,586,77890%$47,162,5606%
2021$1,737,90422%$833,2323%$50,082,60722%
2020$1,429,7201%$806,9724%$41,014,9041%
2019$1,418,67311%$844,1475%$40,540,9877%
2018$1,595,2236%$884,83166%$37,772,1457%
2017$1,498,54251%$2,588,964$35,215,8492%
2016$990,29737%$2,590,02438%$34,421,5886%
2015$1,578,9219%$4,181,44196%$36,445,2983%
2014$1,736,96138%$2,133,40544%$37,602,2836%
2013$2,800,70516%$3,827,19511%$35,472,2051%
2012$2,411,74761%$4,307,240$35,026,0315%
2011$6,111,380$4,317,449$37,001,509

Frequently Asked Questions

What does Grand Rapids Public Museum Foundation do?

Grand Rapids Public Museum Foundation 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 Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Grand Rapids Public Museum Foundation has a score of 87/100 (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 Foundation generate?

Grand Rapids Public Museum Foundation reports $4.3M in annual revenue and holds $59.6M in total assets, based on IRS filings.

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