Charity Search / NEWAYGO COUNTY COUNCIL FOR THE ARTS INCORPORATED
Arts, Culture & Humanities (A20Z) 990 on File

NEWAYGO COUNTY COUNCIL FOR THE ARTS INCORPORATED

EIN: 38-3000675 · FREMONT, MI 49412-1243 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$294K
Total Revenue
$347K
Total Expenses
$602K
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.4%
Fundraising Efficiency N/A
Operating Reserve 20.80x
Liability-to-Asset 0.3%
Revenue Diversification 63.6%
Executive Compensation $45K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
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
77.4% 82.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
18.2% 14.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.4% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
20.8 mo 9.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.3% 1.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
63.6% 79.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
-11.7% 8.1%
P10P90
Expense growth
Year over year expense growth
24.2% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
-18.4% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $294K $347K $602K 77.4% 8
2023 $332K $280K $656K 79.1% 7
2022 $268K $263K $603K 81.1% 5
2021 $274K $223K N/A 5
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Organization Details
EIN
38-3000675
State
MI
City
FREMONT
ZIP
49412-1243
Classification
A20Z
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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