Dearborn Community Fund is located in Dearborn, MI. The organization was established in 2000. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Dearborn Community Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dearborn Community Fund 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 12/2021, Dearborn Community Fund generated $60.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $53.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DEARBORN COMMUNITY FUND PROVIDES AND PROMOTES FINANCIAL AND VOLUNTEER RESOURCES THAT DIRECTLY IMPACT THE CITY OF DEARBORN, MI COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO THE THEATRE LOCATED WITHIN THE FORD COMMUNITY AND PERFORMING ARTS CENTER, FOR CAPITAL IMPROVEMENTS.
COMMUNITY INVOLVEMENT AND AWARENESS INCLUDED ART IN PUBLIC PLACES PROJECT, POCKETS OF PERCEPTION PROJECT, YOUTH IN ARTS PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johanna Seidel Secretary | OfficerTrustee | 5 | $0 |
Said Deep Treasurer | OfficerTrustee | 5 | $0 |
Susan Rowe President | OfficerTrustee | 5 | $0 |
Emmajean Woodyard Executive Director | Officer | 40 | $0 |
Thomas Clark Director | Trustee | 5 | $0 |
Denise Mcdonald Director | Trustee | 5 | $0 |
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 | $50,374 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $50,374 |
Total Program Service Revenue | $0 |
Investment income | $10,573 |
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 | $60,947 |
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 | $12,111 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $927 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,980 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,257 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $4,279 |
All other expenses | $0 |
Total functional expenses | $53,392 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,185 |
Savings and temporary cash investments | $74,429 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $150,900 |
Investments—publicly traded securities | $115,450 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $54,707 |
Total assets | $401,671 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $54,708 |
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 | $54,708 |
Net assets without donor restrictions | $300,816 |
Net assets with donor restrictions | $46,147 |
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 | $401,671 |
Over the last fiscal year, we have identified 2 grants that Dearborn Community Fund has recieved totaling $22,500.
Awarding Organization | Amount |
---|---|
Ford Motor Co Fund Dearborn, MI PURPOSE: ARTS | $15,000 |
Oakwood Healthcare Inc Southfield, MI PURPOSE: CONCERT SERIES SPONSORSHIP | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
United Performing Arts Fund Inc Milwaukee, WI | $14,391,026 | $9,375,574 |
Gretchen C Valade Endownment For The Arts Grosse Pointe Farms, MI | $243,795 | $701,832 |
Ros Foundation Greenfield, WI | $30,196,896 | $3,469,836 |
Stranahan Theater Trust Toledo, OH | $8,657,063 | $1,825,495 |
Holland Community Aquatic Center Foundation Saugatuck, MI | $987,560 | $1,564,696 |
Urban Sight Inc Perrysburg, OH | $141,593 | $884,230 |
Foundation For The Flint Cultural Center Flint, MI | $38,034,949 | $6,392,203 |
Milwaukee Youth Arts Center Foundation Inc Milwaukee, WI | $10,317,722 | $10,905,403 |
Monument Legacy Inc Carmel, IN | $4,006,902 | $508,574 |
Copernicus Cultural Foundation Of Stevens Point Wisconsin Inc Mosinee, WI | $845,687 | $1,133,742 |
Randy And Nancy Trachte Family Foundation Inc Middleton, WI | $1,703,536 | $192,699 |
Milwaukee Arts Partners Corporation Milwaukee, WI | $126,207 | $252,200 |