Charity Search / GRAND RAPIDS PUBLIC MUSEUM
Arts, Culture & Humanities (A50) IRS Verified DX Registered 990 on File

GRAND RAPIDS PUBLIC MUSEUM

EIN: 20-5071420 · GRAND RAPIDS, MI 49504-5351 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 50/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$19.8M
Total Revenue
$10.5M
Total Expenses
$32.2M
Net Assets
150
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.5%
Fundraising Efficiency N/A
Operating Reserve 36.98x
Liability-to-Asset 5.1%
Revenue Diversification 87.2%
Executive Compensation $394K
Compared with Peers
FY 2025
Compared with 273 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M 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
75.5% 79.1%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
16.9% 13.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
7.5% 6.4%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
37.0 mo 30.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
5.1% 14.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
87.2% 65.5%
P10P90
Bottom quarter
Surplus margin
Surplus as a share of revenue
47.2% 5.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $19.8M $10.5M $32.2M 75.5% 150
2023 $20.6M $9.3M $21.8M 76.0% 150
2022 $10.5M $9.1M $10.5M 74.4% 147
2021 $8.2M $7.5M N/A 158
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Organization Details
EIN
20-5071420
State
MI
City
GRAND RAPIDS
ZIP
49504-5351
Classification
A50
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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