CTAC Annual Report 2024-2025 8.5x11

FINANCIAL SNAPSHOT Fiscal Year 2025 (April 2024 through March 2025)

Crooked Tree Arts Center is able to provide arts education and experiences in Northern Michigan with the generous support of our members, donors, sponsors, and patrons. Thank you for helping CTAC continue to create ways for people to connect, learn, and grow through the arts.

Total Revenues

Total Expenses

Total Assets

Endowment

Money Market

$2,536,728*

$2,287,389

$8,419,231

$4,893,956

$270,786

2025

$2,305,003

$8,249,674

$4,802,630

$256,394

$2,841,335

2024

$1,537,141

$428,350

$1,890,762

$7,979,404

$4,318,022

2023

*Total revenue is net of direct benefits for special fundraising events of $257,059 and an endowment return of $173,131. The total net operating revenue was $80,151 after a budgeted $203,943 endowment disbursement.

Operating Revenue: $2,363,597

Operating Expenses: $2,287,389

Performing Arts $221,778

Other $80,548

Fundraising $618,424

Donations $667,903

Events† $867,422

Education $749,604

Membership $163,626

Visual Arts $350,438

Grants $69,670

Art Sales† $49,328

Management & General $347,145

Tuition $465,100

†Net of Commissions and Expenses

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