Grand Traverse Lighthouse Museum
EIN: 382660645 · Northport, MI · NTEE: A54Z
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $211K |
| Net Assets | $283K |
Is Grand Traverse Lighthouse Museum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Grand Traverse Lighthouse Museum
Grand Traverse Lighthouse Museum (EIN: 382660645) is a nonprofit organization based in Northport, MI, classified under NTEE code A54Z. The organization reported total revenue of $442K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grand Traverse Lighthouse Museum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grand Traverse Lighthouse Museum is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $254K |
| Total Expenses | $211K |
| Surplus / Deficit | +$42K |
| Total Assets | $303K |
| Total Liabilities | $20K |
| Net Assets | $283K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2023, Grand Traverse Lighthouse Museum reported a surplus of $42K with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grand Traverse Lighthouse Museum's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -9.3% | +14.7% |
| 2022 | -11.9% | +28.9% | -13.0% |
| 2021 | +91.8% | -5.7% | +65.8% |
| 2020 | -34.6% | -4.9% | -6.7% |
| 2019 | +7.7% | -1.3% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Grand Traverse Lighthouse Museum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Grand Traverse Lighthouse Museum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about Grand Traverse Lighthouse Museum
Is Grand Traverse Lighthouse Museum a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Traverse Lighthouse Museum (EIN: 382660645) insufficient data. 0 red flags identified, 0 strengths noted.
How does Grand Traverse Lighthouse Museum spend its money?
Detailed spending breakdown data is not yet available for Grand Traverse Lighthouse Museum. Check back for updated IRS 990 analysis.
Are donations to Grand Traverse Lighthouse Museum tax-deductible?
Grand Traverse Lighthouse Museum is registered as a tax-exempt nonprofit (EIN: 382660645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Grand Traverse Lighthouse Museum located?
Grand Traverse Lighthouse Museum is headquartered in Northport, Michigan and files with the IRS under EIN 382660645. It is classified under NTEE code A54Z.
How many years of IRS 990 filings does Grand Traverse Lighthouse Museum have?
Grand Traverse Lighthouse Museum has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $442K in total revenue.
Filing History
IRS 990 filing history for Grand Traverse Lighthouse Museum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grand Traverse Lighthouse Museum's revenue has grown by 83.1%, moving from $139K to $254K. Total assets increased by 157.9% over the same period, from $118K to $303K. Total functional expenses rose by 33.5%, from $158K to $211K. In its most recent filing year (2023), Grand Traverse Lighthouse Museum reported a surplus of $42K, with revenue exceeding expenses. The organization holds $20K in liabilities against $303K in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $283K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $254K | $211K | $303K | $20K | — | View 990 |
| 2022 | $267K | $233K | $265K | $24K | — | View 990 |
| 2021 | $303K | $181K | $304K | $42K | — | View 990 |
| 2020 | $158K | $192K | $183K | $35K | — | — |
| 2019 | $242K | $202K | $196K | $14K | — | View 990 |
| 2018 | $225K | $204K | $176K | $34K | — | View 990 |
| 2017 | $183K | $185K | $163K | $41K | — | View 990 |
| 2016 | $189K | $154K | $131K | $7K | — | View 990 |
| 2015 | $177K | $215K | $114K | $25K | — | View 990 |
| 2014 | $189K | $172K | $153K | $26K | — | View 990 |
| 2013 | $166K | $173K | $124K | $7K | — | View 990 |
| 2012 | $160K | $146K | $131K | $6K | — | View 990 |
| 2011 | $139K | $158K | $118K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $254K, expenses of $211K, and assets of $303K (revenue -5.0% year-over-year).
- 2022: Revenue of $267K, expenses of $233K, and assets of $265K (revenue -11.9% year-over-year).
- 2021: Revenue of $303K, expenses of $181K, and assets of $304K (revenue +91.8% year-over-year).
- 2020: Revenue of $158K, expenses of $192K, and assets of $183K (revenue -34.6% year-over-year).
- 2019: Revenue of $242K, expenses of $202K, and assets of $196K (revenue +7.7% year-over-year).
- 2018: Revenue of $225K, expenses of $204K, and assets of $176K (revenue +22.6% year-over-year).
- 2017: Revenue of $183K, expenses of $185K, and assets of $163K (revenue -3.3% year-over-year).
- 2016: Revenue of $189K, expenses of $154K, and assets of $131K (revenue +6.9% year-over-year).
- 2015: Revenue of $177K, expenses of $215K, and assets of $114K (revenue -6.3% year-over-year).
- 2014: Revenue of $189K, expenses of $172K, and assets of $153K (revenue +14.1% year-over-year).
- 2013: Revenue of $166K, expenses of $173K, and assets of $124K (revenue +3.8% year-over-year).
- 2012: Revenue of $160K, expenses of $146K, and assets of $131K (revenue +15.2% year-over-year).
- 2011: Revenue of $139K, expenses of $158K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grand Traverse Lighthouse Museum:
Data Sources and Methodology
This transparency report for Grand Traverse Lighthouse Museum is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.