Michigan Student Assembly Of The University Of Michigan
- Assets
- $660.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 06/1993
- Data as of
- 12/2022
- EIN
- 38-2397329
Organization Overview
Michigan Student Assembly Of The University Of Michigan is located in Ann Arbor, MI. The organization was established in 1993. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Student Assembly Of The University Of Michigan 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, Michigan Student Assembly Of The University Of Michigan generated $1.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 5.1% per year over the past 4 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.
Since 2020, Michigan Student Assembly Of The University Of Michigan has awarded 72 individual grants totaling $644,029. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE, THE MICHIGAN STUDENT ASSEMBLY (MSA) OF THE UNIVERSITY OF MICHIGAN, ARE COMPRISED OF STUDENTS OF DIFFERENT BACKGROUNDS WHO HAVE COME TOGETHER TO SERVE OUR FELLOW STUDENTS AND THE ENTIRE UNIVERSITY OF MICHIGAN COMMUNITY. THROUGH OUR WORK AND ADVOCACY, WE SEEK TO ENCOURAGE STUDENT CIVIC ENGAGEMENT, GIVE VOICE TO STUDENT CONCERNS, AND ENHANCE STUDENT WELFARE AND THE MICHIGAN EXPERIENCE FOR EVERYONE. MSA IS MOTIVATED BY THE BELIEF THAT THERE IS NO DEEPER EXPRESSION OF COMMITMENT TO OUR SCHOOL THAN TO WORK TO IMPROVE MICHIGAN SO THAT IT REALIZES ITS GREATEST POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MSA SUPPORTS PAYMENTS TO 346 UM REGISTERED/RECOGNIZED STUDENT ORGANIZATIONS, TO FUND STUDENT EXTRACURRICULAR ACTIVITIES AND EVENTS. MSA OPERATES ITS FUNDING TO STUDENT ORGANIZATIONS THROUGH A REIMBURSEMENT PROCESS. REGISTERED UM STUDENT ORGANIZATIONS MUST APPLY TO MSA FOR FUNDING EVENTS THAT DIRECTLY AFFECT THE GREATER UM STUDENT/NON-STUDENT COMMUNITY. ALL FUNDING IS AWARDED THROUGH A REIMBURSEMENT PROCESS WHERE UM STUDENT ORGANIZATIONS ARE REQUIRED TO SUBMIT AUTHENTIC PROOF OF PAYMENT OF APPLIED FOR AND AWARDED EVENT EXPENSES, AND MSA VERIFIES SUCH EXPENSES AND REIMBURSES THE STUDENT ORGANIZATIONS FOR THE AWARDED AND APPROVED EXPENSES. MSA RETAINS ALL STUDENT ORGANIZATION FUNDING APPLICATIONS AND EXPENSE PROOF OF PAYMENTS FOR UP TO 5 TO 7 YEARS.
MSA'S OTHER PROGRAMS AND SERVICES INCLUDE AND INVOLVE STUDENT CO-CURRICULAR AND EXTRA-CURRICULAR EDUCATIONAL PROGRAMS AND SERVICES THAT BENEFIT THE UM STUDENT BODY AND THE UNIVERSITY'S COMMUNITY. THE AMOUNT INCLUDES FUNDS TRANSFERRED TO OTHER UNIVERSITY OF MICHIGAN DEPARTMENTS IN SUPPORT OF MSA INITIATIVES.
AIRBUS PROVIDED CONVENIENT, LOW-COST TRANSPORTATION FOR UM STUDENTS AND THE UM COMMUNITY BETWEEN THE UNIVERSITY OF MICHIGAN ANN ARBOR CAMPUS AND DETROIT METRO AIRPORT, DURING THE FOUR UNIVERSITY BREAKS.
UNIVERSITY OF MICHIGAN STUDENTS ARE AWARDED STIPENDS TO ASSIST WITH CHILDCARE EXPENSES. MSA IS NOT ALLOTTED ANY FUNDS/STIPENDS DIRECTLY FOR CHILDCARE EXPENSES. RATHER ALL SUCH FUNDS ARE DIRECTLY ALLOCATED TO THE UM FINANCIAL AID DEPARTMENT. MSA UNDERSTANDS THE UNIVERSITY OF MICHIGAN'S FINANCIAL AID DEPARTMENT USES THE STIPEND ALLOTMENT TO ASSIST THE UNIVERSITY OF MICHIGAN STUDENTS WITH CHILDCARE EXPENSES AS NEEDED. MSA UNDERSTAND THAT $1.37 OF ALL STUDENT FEES ARE USED FOR UM CHILDCARE, ADMINISTERED SOLELY AND DIRECTLY BY THE UM FINANCIAL AID DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noah Zimmerman President (2022-2023) | OfficerTrustee | 20 | $0 |
Jacqueline Hillman Vice President (2022-2023) | OfficerTrustee | 20 | $0 |
Thomas O'heney Treasurer (2022-2023) | OfficerTrustee | 20 | $0 |
Karthik Pasupula Speaker (2022-2023) | OfficerTrustee | 20 | $0 |
Nithya Arun President (2021-2022) | OfficerTrustee | 20 | $0 |
Carla Voigt Vice President (2021-2022) | OfficerTrustee | 20 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,133,440 |
| Investment income | $3,693 |
| 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 | $1,137,133 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $584,187 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 | $0 |
| 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 | $0 |
| Advertising and promotion | $15 |
| Office expenses | $8,215 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,991 |
| 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 | $28,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $14,014 |
| Total functional expenses | $1,147,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $651,542 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,817 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $660,359 |
| Accounts payable and accrued expenses | $28,925 |
| Grants payable | $0 |
| Deferred revenue | $530,888 |
| 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 | $559,813 |
| Net assets without donor restrictions | $100,546 |
| Net assets with donor restrictions | $0 |
| 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 | $660,359 |
Grants Awarded
Over the last fiscal year, Michigan Student Assembly Of The University Of Michigan has awarded $188,721 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
MEN'S ULTIMATE FRISBEEC938595 PURPOSE: Travel to several tournaments in season regionals and nationals plus supply costs | $16,296 |
MEN'S RUGBYC937105 PURPOSE: National Collegiate Rugby registration fee Uniforms Travel to several tournaments and training equipment costs | $13,784 |
MRUN - RUNNING CLUB AT THE UNIVERSITY OF MICHIGANU003475 PURPOSE: Travel and registration for competitions at several different college campuses Also national tournament | $11,125 |
MICHIGAN WATERSKI TEAMC938856 PURPOSE: Travel Boat loan payments Boat insurance Equipment purchases including hull repairs jump axle slalom ski propeller repair and gasket | $9,436 |
UNIVERSITY OF MICHIGAN BALLROOM DANCE TEAMU001104 PURPOSE: Travel and Registration Costs for the Green & White Gala plus Website renewal and Irish Dancesport Gala plus printing costs for recruitment flyers plus mask reimbursements and several other competitions at other colleges | $9,367 |
FLYWHEEL - WOMEN'S ULTIMATE FRISBEEU009605 PURPOSE: Blueridge Finale tournament gas and team website redesign Travel to several tournaments and training equipment costs | $9,110 |