Springfed Arts
Royal Oak, Michigan
BHealth Score
57B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$79K
Total Revenue
📊
$80K
Total Expenses
🏦
$20K
Net Assets
📋
$749
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+15.8%
Year-over-year change (2023 → 2024)
Net Margin
-1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
3.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $78,865↑16% | $80,150↑19% | $20,750↓5% | |
| 2023 | $68,097↑14% | $67,393↑4% | $21,896 | — |
| 2022 | $59,505↑96% | $65,107↑145% | $21,799↓18% | — |
| 2021 | $30,393↓49% | $26,528↓61% | $26,491↑7% | — |
| 2020 | $59,357↓28% | $67,364↓5% | $24,730↓20% | — |
| 2019 | $82,639↑7% | $71,242↓4% | $30,750↑59% | — |
| 2018 | $77,256↓10% | $73,988↓16% | $19,382↑19% | — |
| 2017 | $86,109↑14% | $88,147↑39% | $16,316↓21% | — |
| 2016 | $75,210↑13% | $63,410↓10% | $20,606↑219% | — |
| 2015 | $66,719↓6% | $70,430↓2% | $6,468↓38% | — |
| 2014 | $70,946↑7% | $71,638↑10% | $10,381↓5% | — |
| 2013 | $66,076↓9% | $65,218↓13% | $10,953↑8% | — |
| 2012 | $72,744 | $74,898 | $10,183 | — |
Frequently Asked Questions
What does Springfed Arts do?▼
Springfed Arts is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A25 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Springfed Arts financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Springfed Arts.
How much revenue does Springfed Arts generate?▼
Springfed Arts reports $68K in annual revenue and holds $21K in total assets, based on IRS filings.
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