Ann Arbor Summer Festival Inc
- Assets
- $852.2k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 116
- Location
- Ann Arbor, MI
- Founding
- 06/1979
- Data as of
- 09/2023
- EIN
- 38-2307397
Organization Overview
Ann Arbor Summer Festival Inc is located in Ann Arbor, MI. The organization was established in 1979. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Ann Arbor Summer Festival Inc employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ann Arbor Summer Festival 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 09/2023, Ann Arbor Summer Festival Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.6m during the year ending 09/2023. While expenses have increased by 1.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ANN ARBOR SUMMER FESTIVAL'S MISSION IS TO PRESENT ARTS AND ENTERTAINMENT THAT ENRICH THE CULTURAL, ECONOMIC, AND SOCIAL VITALITY OF THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN A TYPICAL YEAR, THE TICKETED EVENT SERIES FEATURES 8-12 MARQUEE ARTISTS AND IS AN IMPORTANT PART OF A2SF'S MISSION TO PRESENT A WORLD-CLASS CELEBRATION OF ARTS AND ENTERTAINMENT THAT ENRICHES THE CULTURAL, ECONOMIC, AND SOCIAL VITALITY OF THE REGION. APPROXIMATELY 10,000 PEOPLE PURCHASE TICKETS EACH SEASON. ADDITIONALLY, A2SF PROVIDES AFFORDABLE STUDENT TICKETS, AND PROVIDES COMPLIMENTARY TICKETS TO COMMUNITY PARTNERS AND THROUGH THE GOOD NEIGHBOR TICKET PROGRAM. THIS INDOOR SERIES WAS LIMITED TO THREE PERFORMANCE IN 2023 AS WE RETURN TO SCALE FOLLOWING THE COVID PANDEMIC. FORM 990, PART III 4B - SECOND ACCOMPLISHMENT CONTINUED ADDITIONALLY, OUR LIVE HERE NOW SERIES IS THE CORNERSTONE OF A2SF'S COMMUNITY ENGAGEMENT. WE WORK WITH SOCIAL-SERVICE ORGANIZATIONS AND RESIDENTS OF LOCAL UNDER-RESOURCED NEIGHBORHOODS TO SHARE A2SF RESOURCES AND HELP PLAN DAY-LONG COMMUNITY ARTS CELEBRATIONS IN PARKS AND PUBLIC SPACES. TWO OF THESE EVENTS TOOK PLACE THROUGHOUT WASHTENAW COUNTY IN 2023.
A2SF'S OUTDOOR PROGRAMMING, INCLUDING AT TOP OF THE PARK, BRINGS OVER 80,000 PEOPLE TO THE AREA FROM ACROSS THE REGION DURING 21 NIGHTS OF ADMISSION-FREE EVENTS HELD CITY WIDE. ON A TYPICAL YEAR, THIS OUTDOOR PROGRAMMING FEATURES OVER 90 UNIQUE MUSICAL PERFORMERS AND ROAMING ARTISTS, STREET ARTS AND SPECTACLE, ART EXHIBITIONS, 19 MOVIES BY MOONLIGHT, 21 WELLNESS/MOVEMENT CLASSES, CULINARY TASTING EVENTS, AND HANDS-ON CREATIVE EXPERIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Michelon Executive Di | Officer | 40 | $90,322 |
Louise Chang Trustee | Trustee | 1 | $0 |
Sally Churchill Trustee | Trustee | 1 | $0 |
Mark Clague Trustee | Trustee | 1 | $0 |
Greg Dill Trustee | Trustee | 1 | $0 |
Dr Charles Ellis Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,943 |
| Related organizations | $0 |
| Government grants | $409,540 |
| All other contributions, gifts, grants, and similar amounts not included above | $657,437 |
| Noncash contributions included in lines 1a–1f | $5,737 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,099,920 |
| Total Program Service Revenue | $649,765 |
| Investment income | $9,412 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94 |
| Net Income from Fundraising Events | $1,500 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $214,855 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,977,604 |
| 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. | $108,441 |
| Compensation of current officers, directors, key employees. | $31,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $333,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,885 |
| Payroll taxes | $28,564 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,849 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $731,336 |
| Advertising and promotion | $76,840 |
| Office expenses | $16,996 |
| Information technology | $3,146 |
| Royalties | $0 |
| Occupancy | $141,601 |
| Travel | $9,042 |
| 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 | $13,089 |
| Insurance | $41,622 |
| All other expenses | $0 |
| Total functional expenses | $1,621,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,044 |
| Savings and temporary cash investments | $35,801 |
| Pledges and grants receivable | $339,375 |
| Accounts receivable, net | $14,354 |
| 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 | $1,400 |
| Net Land, buildings, and equipment | $45,944 |
| Investments—publicly traded securities | $360,313 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $852,231 |
| Accounts payable and accrued expenses | $25,180 |
| 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 | $0 |
| Total liabilities | $25,180 |
| Net assets without donor restrictions | $243,884 |
| Net assets with donor restrictions | $583,167 |
| 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 | $852,231 |