Michigan Glass Project
- Assets
- $40.6k
- Revenue
- $45.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 02/2015
- Data as of
- 12/2021
- 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 12/2021, Michigan Glass Project generated $45.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $32.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. 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 | 0 | $2,500 | |
Andrew Kups Vice President | 0 | $2,000 | |
Bonnie Clark Secretary-Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,757 |
| 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 | $19,321 |
| Other Income | $19,022 |
| Total Revenue | $45,100 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,500 |
| Other employee salaries and wages | $1,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $498 |
| Depreciation | $1,958 |
| Occupancy | $9,743 |
| Travel, conferences, and meetings | $160 |
| Printing and publications | $0 |
| Other expenses | $12,912 |
| Total operating and administrative expenses | $32,171 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $32,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,985 |
| 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 | $4,662 |
| Other assets | $0 |
| Total assets | $40,647 |
| Accounts payable and accrued expenses | $154 |
| 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 | $0 |
| Total liabilities | $154 |
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 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Glass Project has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Linder Family Foundation Lake Villa, IL PURPOSE: SUPPORT FOR ART EDUCATION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Government Integrity Fund Columbus, OH | $0 | $4,714,760 |
National Credit Union Foundation Inc Madison, WI | $11,658,239 | $5,821,947 |
Iha Hospital Assistance Foundation Inc Indianapolis, IN | $561,665 | $2,833,766 |
Oh-Go Sandusky, OH | $452,264 | $1,544,533 |
The Cleveland Police Foundation Cleveland, OH | $402,041 | $308,860 |
Women For Economic And Leadership Development Westerville, OH | $526,843 | $678,319 |
Isadore Binzer Fund Brooklyn, OH | $7,683,436 | $1,276,125 |
Protection Of Rights Alliance Foundation Harbor Springs, MI | $762,581 | $32,164 |
Partners Making A Difference Plymouth, MI | $73,633 | $232,843 |
Joseph V Szcepanski And Bernice C Szczepanski Living Tr Westlake, OH | $1,063,982 | $59,677 |
Redirect Ann Arbor, MI | $2,404,815 | $663,491 |
Santa Picsu Hudson, OH | $41,561 | $0 |