MICHIGAN GUILD OF ARTISTS AND

EIN: 382300196 501(c)(3) Arts, Culture & Humanities

ANN ARBOR, MI

Total Revenue
$1,074,989
Total Expenses
$1,042,275
Total Assets
$285,143
Net Assets
$-70,226
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
MI
Principal Officer
KAREN DELHEY
Phone
7346623382
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN GUILD OF ARTISTS AND, founded in 1970, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 3% surplus.

Mission

TO PROMOTE COMMUNITY AWARENESS, UNDERSTANDING AND APPRECIATION OF THE VISUAL ARTS AND MAINTAIN A SUPPORT NETWORK PROVIDING EDUC MENTORING AND MARKETING OPPORTUNITIE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $257,088
Program Service Revenue $788,283
Investment Income $7,619
Other Revenue $21,999
TOTAL REVENUE $1,074,989

Expense Breakdown

Grants Paid $0
Salaries & Benefits $436,527
Fundraising Expenses $0
Program Expenses $531,658
Other Expenses $605,748
TOTAL EXPENSES $1,042,275

Year-over-Year Comparison

2024 2023 Change
Revenue $1,074,989 $952,879 +0.1%
Expenses $1,042,275 $903,071 +0.2%
Net Income $32,714 $49,808 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
N/A
Employees
8
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$90,446
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN DELHEY EXEC DIRECTOR 40
Director
$90,446 $0 $90,446
BONNIE BLANDFO CHAIRMAN 1
Director
$0 $0 $0
ANDREA ANDERSO SECRETARY 1
Director
$0 $0 $0
MIKE MONROE TREASURER 1
Director
$0 $0 $0
JIM PARKER VICE CHAIRMAN 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,074,989 $1,042,275 $285,143 $32,714
2023 $952,879 $903,071 $249,845 $49,808
2022 $799,513 $869,116 $210,526 $-69,603
2021 $616,392 $647,650 $286,659 $-31,258
2020 $133,730 $423,363 $325,750 $-289,633
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MICHIGAN GUILD OF ARTISTS AND with other nonprofits in Michigan and across the country.