Michigan Farmers Market Association
- Assets
- $449.6k
- Revenue
- $616.5k
- Investments
- $0.0
- Employees
- 10
- Location
- East Lansing, MI
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 45-2119498
Organization Overview
Michigan Farmers Market Association, operating under the name Mifma, is located in East Lansing, MI. The organization was established in 2015. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Mifma employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mifma 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, Mifma generated $616.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $573.7k during the year ending 12/2021. While expenses have increased by 16.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO ADVANCE FARMERS MARKETS TO CREATE A THRIVING MARKETPLACE FOR LOCAL FOOD AND FARM PRODUCTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
A GRANT FROM THE USDA FARMERS MARKET PROMOTION PROGRAM HAS EQUIPPED MIFMA WITH THE FUNDS TO LAUNCH A STATEWIDE COMMUNICATION CAMPAIGN TO ATTRACT RESIDENTS AND TOURISTS ALIKE TO SHOP AT MICHIGAN'S FARMERS MARKETS. IN 2021, THE CAMPAIGN INCLUDED PAID ADVERTISING, VIDEO PRODUCTION, AND DISTRIBUTION OF TEMPLATES FOR MANAGERS TO USE TO PROMOTE THEIR OWN MARKETS.
MIFMA ENGAGES IN FOOD ACCESS EFFORTS EACH YEAR TO INCREASE THE NUMBER OF FARMERS MARKETS THAT ACCEPT FOOD ASSISTANCE BENEFITS AND TO SUPPORT MARKETS THAT DO. IN 2021, MIFMA STAFF ASSISTED FARMERS MARKETS AND FARMERS ACCEPTING SNAP IN APPLYING TO RECEIVE 36 WIRELESS POINT OF SALE DEVICES FUNDED BY THE STATE OF MICHIGAN.
MIFMA'S EDUCATIONAL PROGRAMMING CONSISTS OF AN ANNUAL CONFERENCE, THE MARKET MANAGER CERTIFICATE PROGRAM, THE FARMERS MARKETS AT THE CAPITOL EVENTS, AND OTHER WEBINARS, RESOURCES, AND EVENTS. IN 2021, 119 PARTICIPANTS ATTENDED A TWO-DAY CONFERENCE HELD VIRTUALLY BY MIFMA TO LEARN THE LATEST INFORMATION ABOUT FARMERS MARKET MANAGEMENT AND OPERATION. THE MARKET MANAGER CERTIFICATE PROGRAM IS DESIGNED TO ENCOURAGE FARMERS MARKET MANAGERS TO PURSUE LEADERSHIP SKILLS AND PROFESSIONAL DEVELOPMENT ON TOPICS ESSENTIAL TO MARKET MANAGEMENT. A TOTAL OF 316 MARKET MANAGERS HAVE BEEN CERTIFIED SINCE THE PROGRAM'S INCEPTION IN 2011. ONE FARMERS MARKET AT THE CAPITOL WAS HELD IN SEPTEMBER OF 2021 WITH 45 VENDORS PRESENT AND ESTIMATED CUSTOMER ATTENDANCE OVER 3,600.
DOUBLE UP FOOD BUCKS - TOTAL EXPENSES OF $12,104FOOD ACCESS FOR ALL - TOTAL EXPENSES OF $46,611FOOD SAFETY TRAINING AND EDUCATION - TOTAL EXPENSES OF $38,549PRODUCE PRESCRIPTION - TOTAL EXPENSES OF $45,181NUTRITION INCENTIVE PROGRAM - TOTAL EXPENSES OF $35,009
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Shreve Executive Director | Officer | 40 | $62,404 |
Linda Bader President | OfficerTrustee | 1.5 | $0 |
Julia Kramer Vice President | OfficerTrustee | 1.5 | $0 |
Connie Watson Secretary | OfficerTrustee | 1.5 | $0 |
Patrice Brown Treasurer | OfficerTrustee | 1.5 | $0 |
Anna Almanza Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,265 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $335,438 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,425 |
| Noncash contributions included in lines 1a–1f | $29,240 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $405,128 |
| Total Program Service Revenue | $210,722 |
| Investment income | $687 |
| 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 | $616,537 |
| 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. | $62,445 |
| Compensation of current officers, directors, key employees. | $29,995 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,720 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,172 |
| Payroll taxes | $25,214 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,169 |
| Advertising and promotion | $9,616 |
| Office expenses | $2,618 |
| Information technology | $7,033 |
| Royalties | $0 |
| Occupancy | $24,048 |
| Travel | $5,250 |
| 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 | $1,434 |
| All other expenses | $7,165 |
| Total functional expenses | $573,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,375 |
| Savings and temporary cash investments | $239,120 |
| Pledges and grants receivable | $84,247 |
| Accounts receivable, net | $21,625 |
| 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 | $1,231 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $449,598 |
| Accounts payable and accrued expenses | $18,364 |
| Grants payable | $0 |
| Deferred revenue | $3,990 |
| 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 | $22,354 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $427,244 |
| Total liabilities and net assets/fund balances | $449,598 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan Farmers Market Association has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Market Corporatioin Detroit, MI | $12,535,453 | $5,663,087 |
Ohio Restaurant Assn Columbus, OH | $2,879,456 | $2,138,506 |
Kinship Mke Inc Milwaukee, WI | $4,987,753 | $2,706,784 |
St Vincent De Paul Thrift Store Inc Marshfield, WI | $3,892,280 | $1,717,707 |
City Market Inc Bay City, MI | $0 | $954,437 |
Cornucopia Institute Incorporated Viroqua, WI | $1,310,459 | $989,761 |
Grand Rapids Downtown Market Education Foundation Grand Rapids, MI | $961,102 | $1,653,390 |
Nourish Farms Inc Sheboygan Falls, WI | $2,156,397 | $713,835 |
Michigan Farmers Market Association East Lansing, MI | $449,598 | $616,537 |
Fondy Food Center Inc Milwaukee, WI | $490,440 | $496,291 |
Wisconsin Wine And Spirit Institute Madison, WI | $125,060 | $518,293 |
Ohio Wine Producers Association Geneva, OH | $92,945 | $520,156 |