Grand Rapids Public Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,906,251 | 6,718,110 | 188,141 | 2.7 | 49% |
| 2012 | 5,260,096 | 5,722,191 | −462,095 | 2.2 | 52% |
| 2013 | 5,344,133 | 5,706,901 | −362,768 | 2.3 | 46% |
| 2014 | 6,245,501 | 6,109,726 | 135,775 | 3.2 | 43% |
| 2015 | 6,654,075 | 6,794,639 | −140,564 | 3.3 | 42% |
| 2016 | 7,753,415 | 6,832,288 | 921,127 | 4.9 | 44% |
| 2017 | 9,893,209 | 7,165,105 | 2,728,104 | 9.2 | 43% |
| 2018 | 8,397,843 | 7,383,134 | 1,014,709 | 10.6 | 40% |
| 2019 | 8,503,439 | 7,804,920 | 698,519 | 11.1 | 35% |
| 2020 | 8,666,843 | 7,580,036 | 1,086,807 | 13.2 | 42% |
| 2021 | 8,206,945 | 7,461,944 | 745,001 | 14.6 | 41% |
| 2022 | 10,500,856 | 9,057,920 | 1,442,936 | 13.9 | 40% |
| 2023 | 20,611,936 | 9,307,834 | 11,304,102 | 28.1 | 44% |
In its most recent public year (2023), this organization brought in $11,304,102 more than it spent. Its reserves stood at about 28.1 months of spending, up from 2.7 in 2011. Staff pay was 44% of spending. $10,899,332 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Grand Rapids Public Museum's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works