Capitol Collective
- Assets
- $23.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 02/2013
- Data as of
- 09/2021
- EIN
- 27-2406103
Organization Overview
Capitol Collective is located in East Lansing, MI. The organization was established in 2013. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capitol Collective is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2021, Capitol Collective generated $109.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $108.0k during the year ending 09/2021. While expenses have increased by 32.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LANSING 5:01 PROGRAM ATTRACTS AND RETAINS EMERGING PROFESSIONALS TO THE LANSING COMMUNITY THROUGH UNIQUE PROGRAMS, EXPERIENTIAL EVENTS, AND PLACEBASED MARKETING INITIATIVES. LANSING 5:01 WELCOMED APPROXIMATELY 4,000 ATTENDEES ACROSS 2 LARGE-SCALE IN-PERSON EVENTS AND 8 VIRTUAL GRAND RIVER CONNECTION EVENTS IN FY 20-21. OUR BIGGEST EVENT, THE BLOCK:AID, TOOK PLACE IN MID JUNE 2021 ON WASHINGTON SQUARE IN DOWNTOWN LANSING AND SAW APPROXIMATELY 2,000 PARTICIPANTS. BLOCK:AID INCLUDED A 4-BLOCK STREET CLOSURE, ACTIVATED WITH 4 DIFFERENT PERFORMING ARTS STAGES, VENDORS, ARTISAN MARKET, MOBILE AXE THROWING, AND FAMILY FRIENDLY INFLATABLES AND ACTIVITIES. BLOCK:AID WAS DESIGNED TO BRING SUPPORT, AWARENESS, AND "AID" TO DOWNTOWN LANSING BUSINESSES THAT HAD BEEN SEVERELY IMPACTED BY THE PANDEMIC. OUR ANNUAL DAM JAM MUSIC FESTIVAL, WHICH TOOK PLACE OVER THREE DAYS IN MID-JULY 2021 AT OLD TOWN LANSING, HOSTED 8 DIFFERENT MICHIGAN-BASED PERFORMING ARTISTS, AN ARTISAN MARKET, AND OPPORTUNITIES TO ENJOY THE RIVERFRONT AND THE LANSING RIVER TRAIL. LANSING 5:01 CONTINUES TO POSITION OUR WEBSITE, AT LANSING501.COM, AS THE PREMIUM PLATFORM FOR EMPLOYERS, RECRUITERS, AND EMERGING TALENT THAT IS CONSIDERING THE OPPORTUNITIES FOR LIVING AND WORKING IN THE LANSING REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Tipper Director | 5 | $0 | |
Jeff Smith Director | 5 | $0 | |
Paul Jaques Director | 5 | $0 | |
Tim Schmidt Director | 5 | $0 | |
Lesley Gottschalk Director | 5 | $0 | |
Sara Parkinson Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,990 |
| Total Program Service Revenue | $6,923 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,750 |
| Other Revenue | $0 |
| Total Revenue | $109,663 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $53,165 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,786 |
| Total expenses | $107,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,686 |
| Other assets | $0 |
| Total assets | $23,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,686 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Capitol Collective has recieved totaling $25,775.
| Awarding Organization | Amount |
|---|---|
Arts Council Of Greater Lansing Inc Lansing, MI PURPOSE: TO PROMOTE ART IN THE COMMUNITY | $25,775 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
West Michigan Sports Commission Grand Rapids, MI | $8,430,553 | $1,952,933 |
Wattles Park Mens Club Inc Ceresco, MI | $839,499 | $1,725,864 |
Rattlesnake Island Club Inc Port Clinton, OH | $3,955,354 | $1,478,628 |
Youth Challenge Westlake, OH | $4,644,386 | $1,454,380 |
St Margarets House South Bend, IN | $3,080,061 | $1,550,820 |
Ima Recreation Association Burton, MI | $1,066,982 | $939,967 |
Avon Junior Athletic Association Inc Avon, IN | $324,932 | $875,417 |
Nine 13 Inc Indianapolis, IN | $464,758 | $788,750 |
Ice House Skating Academy Hartland, MI | $45,831 | $787,193 |
Challenge Mountain Of Walloon Hills Inc Boyne City, MI | $1,595,012 | $1,068,376 |
Coordinated Athletic Resources Deliver Support Inc Columbus, OH | $424,727 | $644,296 |
Oak Hills Youth Athletics Inc Cincinnati, OH | $275,804 | $641,424 |