Flint Cultural Center Corporation Inc is located in Flint, MI. The organization was established in 1959. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Flint Cultural Center Corporation Inc employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flint Cultural Center Corporation Inc 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 06/2022, Flint Cultural Center Corporation Inc generated $13.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $20.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Flint Cultural Center Corporation Inc has awarded 17 individual grants totaling $27,951,967. 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
THE MISSION OF THE FLINT CULTURAL CENTER CORPORATION (FCCC) IS TO FOSTER CULTURAL ACTIVITY AND COMMUNITY VITALITY THROUGH HISTORY, SCIENCE AND THE ARTS. FCCC OWNS, MANAGES AND MAINTAINS A 35-ACRE CULTURAL CENTER CAMPUS; COORDINATES CAMPUS-WIDE PLANNING, MARKETING, AND EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FCCC IS RESPONSIBLE FOR THE MAINTENANCE OF THE BUILDINGS AND GROUNDS OF THE FLINT CULTURAL CENTER CAMPUS, AS WELL AS, ADMINISTRATIVE SERVICES FOR THE CAMPUS AS A WHOLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kim Whitmore Chair | OfficerTrustee | 0.5 | $0 |
John Macdonald Vice Chairpe | OfficerTrustee | 0.5 | $0 |
Steve Heddy Treasurer | OfficerTrustee | 0.5 | $0 |
David Stickel Secretary | OfficerTrustee | 0.5 | $0 |
John Cherry Director | Trustee | 0.5 | $0 |
Gary Hurand Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sorensen Gross Construction Co Constuction | 6/29/22 | $132,819 |
Warner Norcross Judd Consulting | 6/29/22 | $124,325 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,150,000 |
All other contributions, gifts, grants, and similar amounts not included above | $4,959,791 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,109,791 |
Total Program Service Revenue | $4,797,350 |
Investment income | $293,544 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $266,085 |
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 | $12,957,963 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,883,948 |
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. | $486,143 |
Compensation of current officers, directors, key employees. | $437,850 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,310,142 |
Pension plan accruals and contributions | $76,657 |
Other employee benefits | $381,428 |
Payroll taxes | $291,775 |
Fees for services: Management | $38,499 |
Fees for services: Legal | $45,354 |
Fees for services: Accounting | $41,475 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $339,650 |
Advertising and promotion | $6,263 |
Office expenses | $104,982 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,101,150 |
Travel | $10,334 |
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 | $2,540,374 |
Insurance | $123,349 |
All other expenses | $25,696 |
Total functional expenses | $20,220,893 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,200,405 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,797,005 |
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 | $5,948 |
Net Land, buildings, and equipment | $57,894,330 |
Investments—publicly traded securities | $10,218,744 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $916,901 |
Total assets | $72,033,333 |
Accounts payable and accrued expenses | $1,212,544 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $1,212,544 |
Net assets without donor restrictions | $54,793,918 |
Net assets with donor restrictions | $16,026,871 |
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 | $72,033,333 |
Over the last fiscal year, Flint Cultural Center Corporation Inc has awarded $9,883,948 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
FLINT INSTITUTE OF MUSICFYT PURPOSE: TICKETS AND SUPPORT | $3,628,916 |
FLINT INSTITUTE OF ARTS PURPOSE: TICKETS AND SUPPORT | $37,273 |
UPTOWN REINVESTMENT CORPORATION PURPOSE: DEVELOPMENT OF ARTS | $159,700 |
FLINT CULTURAL CENTER FOUNDATION PURPOSE: SUPPORT | $2,730,683 |
FLINT INST OF SCIENCE & HISTORY PURPOSE: TICKETS AND SUPPORT | $3,327,376 |