Wellspring-cori Terry and Dancers is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 1984, with $434,697 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$435K
▲ 87.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$367K
Net assets
$579K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Wellspring-cori Terry and Dancers— 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 Wellspring-cori Terry and Dancers: 19 mo reserves · +15% margin earns a A 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 Wellspring-cori Terry and Dancers— 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 Wellspring-cori Terry and Dancers: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $225K (FY2013) to $435K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
15.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$584K
Total liabilities
$5,258
Net assets
$579K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $434,697▲87.5% | $367,405▲7.8% | $578,573▲28.9% | $583,831▲28.8% | 990 |
| 2022 | $231,871▼61.7% | $340,938▲9.6% | $448,896▼16.9% | $453,116▼16.6% | 990 |
| 2021 | $605,787▲117% | $311,123▲22.3% | $539,866▲102% | $543,313▲100% | 990 |
| 2020 | $279,386▲10.9% | $254,340▲11.5% | $267,790▲30.4% | $271,559▲32.1% | 990 |
| 2019 | $252,004▲2.2% | $228,087▼20.0% | $205,375▲13.5% | $205,642▲9.7% | 990 |
| 2018 | $246,662▼7.2% | $285,134▼5.2% | $180,993▼17.2% | $187,454▼16.8% | 990 |
| 2017 | $265,931▼3.8% | $300,878▼2.5% | $218,623▼6.8% | $225,267▼5.9% | 990 |
| 2016 | $276,378▼2.3% | $308,589▲2.8% | $234,494▼6.6% | $239,340▼7.7% | 990 |
| 2015 | $282,861▲10.0% | $300,253▲3.2% | $250,998▼1.0% | $259,401▲1.8% | 990 |
| 2014 | $257,133▲14.4% | $291,016▲14.8% | $253,429▼13.7% | $254,939▼13.3% | 990 |
| 2013 | $224,849 | $253,485▼1.9% | $293,589▲1.3% | $293,989▼2.1% | 990 |
| 2012 | — | $258,331▲1.4% | $289,953▼8.9% | $300,409▼6.0% | 990 |
| 2011 | — | $254,722▲3.0% | $318,243▼6.7% | $319,421▼6.4% | 990 |
| 2010 | — | $247,235 | $341,207 | $341,307 | 990 |
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.
10 grants to Wellspring-cori Terry and Dancers totaling $754K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kalamazoo Community Foundation | Arts, culture, humanities | 2024 | $32,288 |
| Kalamazoo Community Foundation | Human service-multipurpose/other | 2023 | $70,000 |
| Kalamazoo Community Foundation | Arts, culture & humanities | 2023 | $20,818 |
| Kalamazoo Community Foundation | Arts, culture & humanities | 2022 | $5,059 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $251,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $251,000 |
| Kalamazoo Community Foundation | Arts, culture, humanities | 2016 | $23,803 |
| Kalamazoo Community Foundation | Education/instruction | 2015 | $28,744 |
| Kalamazoo Community Foundation | Arts, culture, humanities | 2014 | $35,800 |
| Kalamazoo Community Foundation | Arts, culture, humanities | 2014 | $35,800 |
Explore more
Data for Wellspring-cori Terry and Dancers (EIN 38-2456161) 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.