Arts, Culture & Humanities
(A510)
990 on File
GRAND RAPIDS ART MUSEUM
Financial strength (30%)
61/100
Reliability (20%)
55/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$5.0M
Total Revenue
$8.3M
Total Expenses
$57.6M
Net Assets
98
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
56.9%
Fundraising Efficiency
1004.8%
Operating Reserve
83.21x
Liability-to-Asset
0.8%
Revenue Diversification
77.3%
Executive Compensation
$299K
Compared with Peers
FY 2025
Compared with 2,263 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
56.9% | 77.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
34.9% | 14.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.2% | 5.8% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1004.8% | 288.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
83.2 mo | 15.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.8% | 11.4% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.3% | 71.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
0.3% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.0% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-65.4% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $5.0M | $8.3M | $57.6M | 56.9% | 98 |
| 2024 | $5.0M | $7.9M | $60.9M | 54.9% | 82 |
| 2023 | $4.8M | $7.9M | $63.8M | 55.8% | 80 |
| 2022 | $11.0M | $7.3M | $66.8M | 53.9% | 75 |
| 2021 | $12.1M | $6.2M | N/A | — | 75 |
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