Detroit Sound Conservancy is a 501(c)(3) organization based in Detroit, Michigan, registered in 2015, with $2,171,872 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.2M
▲ 494.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$234K
Net assets
$3.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Detroit Sound Conservancy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Detroit Sound Conservancy: 182 mo reserves · +89% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Detroit Sound Conservancy— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Detroit Sound Conservancy: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $89K (FY2018) to $2.2M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
89.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$9,907
Net assets
$3.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,171,872▲494% | $233,977▲70.3% | $3,543,146▲281% | $3,553,053▲281% | 990 |
| 2023 | $365,590▼20.5% | $137,427▲3.0% | $930,147▲26.4% | $931,961▲23.7% | 990 |
| 2022 | $459,970▲131% | $133,370▲5.4% | $736,056▲167% | $753,549▲173% | 990 |
| 2021 | $198,713▲33.8% | $126,583▲186% | $275,965▲20.5% | $275,965▲20.5% | 990EZ |
| 2020 | $148,473▲144% | $44,293▼37.1% | $228,977▲110% | $228,977▲110% | 990EZ |
| 2019 | $60,924▼31.6% | $70,472▲1.9% | $108,785▼1.5% | $108,785▼1.5% | 990EZ |
| 2018 | $89,032 | $69,137 | $110,450 | $110,450 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
6 grants to Detroit Sound Conservancy totaling $221K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Arts | 2023 | $15,500 |
| National Trust For Historic Preservation In the United States | Historic preservation | 2022 | $100,000 |
| Impactassets Inc | General support | 2022 | $75,000 |
| National Trust For Historic Preservation In the United States | Historic preservation | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $10,000 |
| Community Foundation For Southeast Michigan | Relief for arts and culture related efforts | 2020 | $10,000 |
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Data for Detroit Sound Conservancy (EIN 47-1039285) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.