The Center For Michigan Inc
- Assets
- $15.6m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 27
- Location
- Ypsilanti, MI
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 32-0167398
Organization Overview
The Center For Michigan Inc is located in Ypsilanti, MI. The organization was established in 2006. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Center For Michigan Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Michigan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Center For Michigan Inc generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 11.6% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DRIVES HEALTHY AND INFORMED POLICY DIALOGUE AND PROBLEM SOLVING BY PUBLISHING MICHIGAN'S MOST IMPACTFUL NONPROFIT PUBLIC SERVICE JOURNALISM AND COMMUNITY INFORMATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGE MICHIGAN: THE CENTERS MISSION IS TO MAKE MICHIGAN BETTER THROUGH HIGH-QUALITY, NONPARTISAN JOURNALISM AND ENGAGEMENT. THE CENTER ALSO WORKS COLLABORATIVELY WITH VARIOUS MEDIA TO PROVIDE IN-DEPTH REPORTING TO OUR PARTNERS, IN SO DOING, BUILDING JOURNALISM CAPACITY IN WAYS THAT SUPPORT MICHIGAN NEWS MEDIA, CITIZENS, BUSINESS AND PHILANTHROPY. THE CENTERS MAJOR FOCUS IS BRIDGE MICHIGAN, A FREE, ONLINE, NONPARTISAN NEWS MAGAZINE WITH MORE THAN 120,000 SUBSCRIBERS. BRIDGE MICHIGAN HAS GROWN INTO ONE OF THE NATIONS LEADING EXAMPLES OF NONPROFIT JOURNALISM AS MAINSTREAM NEWSPAPERS HAVE DRAMATICALLY DECLINED, EARNING NEARLY EIGHT MILLION READERS IN 2022.
BRIDGEDETROIT LAUNCHED IN MAY 2020 AS AN EDITORIALLY INDEPENDENT NEWSROOM. BRIDGEDETROIT PROVIDES DETROIT WITH CREDIBLE, HIGHLY RELEVANT NEWS AND COMMUNITY INFORMATION - DRIVEN BY AUTHENTIC AND DIVERSE PUBLIC ENGAGEMENT AND RESIDENT PRIORITIES - TO HELP CITY RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Bebow President/ce | OfficerTrustee | 60 | $312,096 |
Katherine Locker CEO | OfficerTrustee | 40 | $222,480 |
David Zeman Senior Edito | 40 | $175,119 | |
William Emkow Growth Strat | 40 | $165,544 | |
Catherine Kelly Director | 40 | $141,000 | |
Joel Kurth Director | 40 | $138,816 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Martin Waymire Advertising/mktg | 12/30/17 | $104,139 |
Public Sector Consultants Inc Consulting Services | 12/30/17 | $301,755 |
Public Sector Consultants Inc Consulting Services | 12/30/17 | $301,755 |
Martin Waymire Advertising/mktg | 12/30/17 | $104,139 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,540,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,540,350 |
| Total Program Service Revenue | $150,200 |
| Investment income | $2,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,693,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,344,345 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $474,930 |
| Advertising and promotion | $108,546 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $67,370 |
| Travel | $70,925 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $59,100 |
| All other expenses | $135,240 |
| Total functional expenses | $5,049,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,686,583 |
| Pledges and grants receivable | $9,190,395 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $258,793 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,415,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,572 |
| Total assets | $15,627,587 |
| Accounts payable and accrued expenses | $106,635 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,021 |
| Total liabilities | $183,656 |
| Net assets without donor restrictions | $6,227,344 |
| Net assets with donor restrictions | $9,216,587 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,627,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For Michigan Inc Ypsilanti, MI | $15,627,587 | $7,693,331 |
Wisconsin Policy Forum Inc Milwaukee, WI | $7,199,769 | $1,577,838 |
Transportation Improvement Association Troy, MI | $1,081,669 | $1,452,877 |
John K Maciver Institute For Public Policy Inc Madison, WI | $430,050 | $581,511 |
Countywide Historical Alliance Inc Botkins, OH | $1,414 | $296,609 |
Renew Ohio Inc Columbus, OH | $26,205 | $120,000 |
Indiana Fiscal Policy Institute Inc Indianapolis, IN | $45,727 | $103,334 |
Education Tax Policy Institute Inc Columbus, OH | $329,781 | $125 |
Citizens For Our Zoos Future Copley, OH | $55,671 | $0 |