Culturesource

Arts & Culture · Detroit, Michigan

2937 East Grand Blvd Suite 315, Detroit, MI 48202-3149

EIN: 261476029· Founded: Sep 2008· 18 years active· Filing Year: 2023

Annual Revenue

$6.1M

Total Expenses

$2.5M

Total Assets

$7.6M

Program Spending

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$174K

7.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$739K

Total Payroll

$913K

37% of total expenses

Programs: 3%

Payroll: 37%

Other overhead: 97%

Program Revenue$75K (1%)

Total Expenses$2.5M (41%)

Payroll$913K (37%)

Overhead (non-program)97%

Program Spending Ratio

3% of expenses go to programs

40%

Revenue & Stability

$6.1M annual revenue

15%

Executive Compensation

$174K total officer comp (7.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$7.6M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.