Templearts
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Educates, collects, and preserves art to make it accessible to everyone. For fiscal year 2024 it reported $2.9M in revenue, $3.0M in expenses, and $25.4M in net assets.Pt I
Summary of the Filing
Where the work happens
Theatre
To strengthen the arts and cultural fabric of the great lakes bay region by providing a historic performing arts center and serving as an administrative hub for arts organizations.
Museum
Artists from all over united states, as well as the state of michigan exhibit fine works of art to the citizens of the great lakes bay region. Education and art goes to school: these programs increase knowledge and appreciation of art by providing tour programs to school children and providing instruction for classroom volunteers.
Other
To strengthen the arts and cultural fabric of the great lakes bay region by providing by serving as an administrative hub for arts organizations.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Michael Kolleth’s $148K as President is at the 65th percentile of top reported officer pay among 3916 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2022 | FY2021 |
|---|---|---|---|
| Michael Kolleth | $147,827 | $133,880 | $135,000 |
| Susan Kuck | — | — | $78,750 |
| Kendra Parks-Alexander | $73,668 | $40,994 | — |
| Larry Preston | — | — | $12,308 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 87% | — | — |
| Overhead ratio | 9% | — | — |
| Fundraising cost ratio | 15% | — | — |
| Revenue growth | -39% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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