AArts, Culture & HumanitiesEIN: 386144993· Ruling Year: 1967

Croswell Opera House & Fine Arts Association

Adrian, Michigan

B+Health Score
69B+

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 Org3.25×
Peer Median210.95×
💰
$2.1M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$7.6M
Net Assets
📋
$743K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+11.5%
Year-over-year change (2022 → 2023)
Net Margin
-12.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.25
Net assets divided by total expenses
Liabilities-to-Assets
9.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,063,37712%$2,327,65613%$8,304,9751%
2022$1,849,98519%$2,053,60836%$8,387,8614%
2021$2,292,60683%$1,507,09729%$8,777,0151%
2020$1,251,70322%$1,164,11138%$8,732,853
2019$1,608,4236%$1,892,4654%$8,713,8355%
2018$1,717,97825%$1,814,52611%$9,139,6765%
2017$1,373,13376%$1,638,73452%$9,627,9261%
2016$5,630,65630%$1,078,7293%$9,550,662101%
2015$4,315,9671906%$1,050,091190%$4,762,713216%
2014$215,19389%$361,95661%$1,507,8128%
2014$1,888,29194%$932,4982%$1,644,56489%
2013$972,43928%$914,616$871,1096%
2012$760,360$914,566$821,708

Frequently Asked Questions

What does Croswell Opera House & Fine Arts Association do?

Croswell Opera House & Fine Arts Association is a arts, culture & humanities nonprofit organization based in Michigan. It is classified under NTEE code A650 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Croswell Opera House & Fine Arts Association financially healthy?

Based on our 9-metric Financial Health Score model, Croswell Opera House & Fine Arts Association has a score of 69/100 (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 Croswell Opera House & Fine Arts Association generate?

Croswell Opera House & Fine Arts Association reports $2.2M in annual revenue and holds $8.4M in total assets, based on IRS filings.

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