Mackinac Island Tourism Bureau
EIN: 383654675 · Mackinac Island, MI · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $575K |
| Total Expenses | $463K |
| Net Assets | $34K |
Is Mackinac Island Tourism Bureau Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mackinac Island Tourism Bureau
Mackinac Island Tourism Bureau (EIN: 383654675) is a nonprofit organization based in Mackinac Island, MI, classified under NTEE code S41. The organization reported total revenue of $575K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mackinac Island Tourism Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mackinac Island Tourism Bureau is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $450K |
| Total Expenses | $463K |
| Surplus / Deficit | $-12,823 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | -2.8% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Mackinac Island Tourism Bureau reported a deficit of $13K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Mackinac Island Tourism Bureau's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +10.6% | -27.1% |
| 2022 | +6.0% | -0.8% | +22.0% |
| 2021 | +68.8% | +98.6% | -14.1% |
| 2020 | -10.0% | -23.3% | +28.5% |
| 2019 | +-0.0% | -11.4% | -16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mackinac Island Tourism Bureau 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 Mackinac Island Tourism Bureau 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 deficit of $13K, with expenses exceeding revenue.
Frequently Asked Questions about Mackinac Island Tourism Bureau
Is Mackinac Island Tourism Bureau a legitimate charity?
Based on AI analysis of IRS 990 filings, Mackinac Island Tourism Bureau (EIN: 383654675) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mackinac Island Tourism Bureau spend its money?
Detailed spending breakdown data is not yet available for Mackinac Island Tourism Bureau. Check back for updated IRS 990 analysis.
Are donations to Mackinac Island Tourism Bureau tax-deductible?
Mackinac Island Tourism Bureau is registered as a tax-exempt nonprofit (EIN: 383654675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mackinac Island Tourism Bureau located?
Mackinac Island Tourism Bureau is headquartered in Mackinac Island, Michigan and files with the IRS under EIN 383654675. It is classified under NTEE code S41.
How many years of IRS 990 filings does Mackinac Island Tourism Bureau have?
Mackinac Island Tourism Bureau 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 $575K in total revenue.
Filing History
IRS 990 filing history for Mackinac Island Tourism Bureau showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mackinac Island Tourism Bureau's revenue has grown by 42.6%, moving from $316K to $450K. Total assets increased by 50.7% over the same period, from $23K to $34K. Total functional expenses rose by 58.1%, from $293K to $463K. In its most recent filing year (2023), Mackinac Island Tourism Bureau reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $450K | $463K | $34K | $0 | — | — |
| 2022 | $436K | $419K | $47K | $0 | — | View 990 |
| 2021 | $411K | $422K | $39K | $8K | — | View 990 |
| 2020 | $244K | $213K | $45K | $3K | — | — |
| 2019 | $271K | $277K | $35K | $3K | — | — |
| 2018 | $271K | $313K | $42K | $3K | — | View 990 |
| 2017 | $237K | $270K | $85K | $4K | — | View 990 |
| 2016 | $260K | $242K | $118K | $4K | — | View 990 |
| 2015 | $231K | $180K | $98K | $2K | — | View 990 |
| 2014 | $244K | $166K | $47K | $1K | — | View 990 |
| 2013 | $249K | $239K | $7K | $39K | — | View 990 |
| 2012 | $249K | $235K | $-993 | $42K | — | View 990 |
| 2011 | $316K | $293K | $23K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $450K, expenses of $463K, and assets of $34K (revenue +3.4% year-over-year).
- 2022: Revenue of $436K, expenses of $419K, and assets of $47K (revenue +6.0% year-over-year).
- 2021: Revenue of $411K, expenses of $422K, and assets of $39K (revenue +68.8% year-over-year).
- 2020: Revenue of $244K, expenses of $213K, and assets of $45K (revenue -10.0% year-over-year).
- 2019: Revenue of $271K, expenses of $277K, and assets of $35K (revenue +-0.0% year-over-year).
- 2018: Revenue of $271K, expenses of $313K, and assets of $42K (revenue +14.1% year-over-year).
- 2017: Revenue of $237K, expenses of $270K, and assets of $85K (revenue -8.6% year-over-year).
- 2016: Revenue of $260K, expenses of $242K, and assets of $118K (revenue +12.6% year-over-year).
- 2015: Revenue of $231K, expenses of $180K, and assets of $98K (revenue -5.4% year-over-year).
- 2014: Revenue of $244K, expenses of $166K, and assets of $47K (revenue -2.0% year-over-year).
- 2013: Revenue of $249K, expenses of $239K, and assets of $7K (revenue +-0.0% year-over-year).
- 2012: Revenue of $249K, expenses of $235K, and assets of $-993 (revenue -21.2% year-over-year).
- 2011: Revenue of $316K, expenses of $293K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mackinac Island Tourism Bureau:
Data Sources and Methodology
This transparency report for Mackinac Island Tourism Bureau 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.