Michigan Golf Foundation is located in Dexter, MI. The organization was established in 1996. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Golf Foundation 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 Golf Foundation generated $18.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $18.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 4 years. 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
2022
Describe the Organization's Program Activity:
Part 3
CONDUCT ANNUAL MICHIGAN GOLF HALL OF FAME INDUCTION CEREMONY AND OPERATE THE MICHIGAN GOLF HALL OF FAME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Johnson President | 5 | $0 | |
Terry Moore Secretarytreasurer | 5 | $0 | |
Bob Bales Director | 0.5 | $0 | |
Fritz Balmer Director | 0.5 | $0 | |
Ashley Dewling Director | 0.5 | $0 | |
James Dewling Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,700 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,513 |
Other Revenue | $0 |
Total Revenue | $18,213 |
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 | $8,483 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $6,071 |
Other expenses | $3,977 |
Total expenses | $18,531 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,390 |
Other assets | $0 |
Total assets | $24,390 |
Total liabilities | $0 |
Net assets or fund balances | $24,390 |