Michigan Glass Project
- Assets
- $82.1k
- Revenue
- $238.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 38-3871146
Organization Overview
Michigan Glass Project is located in Detroit, MI. The organization was established in 2015. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Glass Project 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 12/2023, Michigan Glass Project generated $238.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $175.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Key President | 10 | $21,600 | |
Andrew Kups Vic President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,007 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $154,180 |
| Other Income | $83,741 |
| Total Revenue | $238,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,600 |
| Other employee salaries and wages | $18,012 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,839 |
| Depreciation | $2,356 |
| Occupancy | $19,810 |
| Travel, conferences, and meetings | $34,378 |
| Printing and publications | $0 |
| Other expenses | $24,969 |
| Total operating and administrative expenses | $125,414 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $175,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,354 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,735 |
| Other assets | $0 |
| Total assets | $82,089 |
| Accounts payable and accrued expenses | $310 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $641 |
| Total liabilities | $951 |
Grants Awarded
Over the last fiscal year, Michigan Glass Project has awarded $83,890 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ART ROAD NONPROFIT PURPOSE: RAISES FUNDS FOR BRINGING BACK ART CLASSES BACK TO SCHOOLS. | $80,000 |
SACRED STONE LEGAL DEFENSE FUND PURPOSE: LEGAL DEFENSE FOR ARTISTS INVOLVED IN PROTESTS. | $3,140 |
STANDING ROCK MEDIC & HEALER COUNCIL PURPOSE: TO SUPPORT STANDING ROCK TRADITIONAL CULTURAL ORGANIZATION. | $750 |