Gretchen C Valade Endownment For the Arts is a 501(c)(3) organization based in Grosse Pt Frm, Michigan, registered in 2006, with $6,050,986 in FY2025 revenue. CharityIndex grades it C.
Revenue (FY2025)
$6.1M
▲ 75.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2025)
$3.4M
Net assets
$307K
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 Gretchen C Valade Endownment For the Arts— 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 Gretchen C Valade Endownment For the Arts: 1 mo reserves · +44% margin earns a C+ 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 Gretchen C Valade Endownment For the Arts— 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 Gretchen C Valade Endownment For the Arts: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $4.6M (FY2016) to $6.1M (FY2025) across 10 reported years.
Financial snapshot
Operating margin
44.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$3.0M
Net assets
$307K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $6,050,986▲75.0% | $3,369,946▼3.4% | $306,683▲113% | $3,306,683▲434% | 990PF |
| 2024 | $3,458,609▲3656% | $3,487,397▲39.0% | -$2,380,356▼1.2% | $619,644▼4.4% | 990PF |
| 2023 | $92,079▼21.0% | $2,509,363▲1568% | -$2,351,643▼2203% | $648,357▲480% | 990PF |
| 2022 | $116,482▼83.4% | $150,415▼94.2% | $111,798▼54.1% | $111,798▼54.1% | 990PF |
| 2021 | $701,832▲194% | $2,582,468▲35.5% | $243,795▼90.6% | $243,795▼90.6% | 990PF |
| 2020 | $238,992▼94.6% | $1,905,521▼38.3% | $2,582,242▼40.5% | $2,582,242▼40.5% | 990PF |
| 2019 | $4,462,762▼0.1% | $3,086,458▲3.6% | $4,343,285▲13.1% | $4,343,285▲12.8% | 990PF |
| 2018 | $4,468,024▼9.3% | $2,979,311▼1.1% | $3,840,714▼3.1% | $3,850,714▼2.8% | 990PF |
| 2017 | $4,924,372▲7.4% | $3,013,039▲2.5% | $3,962,161▲12.5% | $3,962,161▲12.5% | 990PF |
| 2016 | $4,586,716 | $2,940,365 | $3,522,579 | $3,522,579 | 990PF |
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.
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Data for Gretchen C Valade Endownment For the Arts (EIN 04-3843795) 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.