Arts, Culture & Humanities
(A50)
IRS Verified
DX Registered
990 on File
GRAND RAPIDS PUBLIC MUSEUM FOUNDATION
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We exist to be a living monument of artifacts, ideas and stories told through exhibitions, events and educational programming designed to inspire, motivate and celebrate our human bond. We enrich the life of our community through experiences of the wider world in a uniquely Grand Rapids context.
Financial Overview — FY 2025
$12.0M
Total Revenue
$3.1M
Total Expenses
$71.7M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.8%
Fundraising Efficiency
802.2%
Operating Reserve
273.35x
Liability-to-Asset
2.8%
Revenue Diversification
76.8%
Compared with Peers
FY 2025
Compared with 1,930 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
|
89.8% | 77.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.7% | 14.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.5% | 5.9% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
802.2% | 302.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
273.4 mo | 15.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.8% | 11.4% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.8% | 70.6% |
P10P90
|
Below median |
|
Surplus margin
Surplus as a share of revenue
|
73.8% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $12.0M | $3.1M | $71.7M | 89.8% | 0 |
| 2023 | $2.5M | $1.4M | $51.9M | 68.0% | 0 |
| 2022 | $3.2M | $1.6M | $46.6M | 70.9% | 0 |
| 2021 | $1.7M | $833K | N/A | — | 0 |
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