Arts, Culture, Humanities : Performing Arts

Michigan Theater Foundation

Ann Arbor's non-profit center for fine film and the performing arts

89.43

603 East Liberty Street Ann Arbor, MI 48104
tel: (734) 668-8397   Web Site
EIN: 38-2269013

Board Leadership
James D. Buhr
Chair

CEO
Russ Collins
Executive Director & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 89.43
  Financial 91.10
  Accountability & Transparency 88.00
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1979, the Michigan Theater Foundation works to preserve, restore and operate the Michigan Theater venues for the benefit of the community and of the arts. The foundation was established to save the Michigan Theater from demolition in 1979, when developers threatened to convert the theater into a food court. Today, the Michigan Theater is proud to serve as the community gathering place for the greater Ann Arbor area. Over 250,000 guests attend movies, plays, music and comedy concerts, talks, meetings, parties, weddings and other events each year.

Founded in 1979, the Michigan Theater Foundation works to preserve, restore and operate the Michigan Theater venues for the benefit of the community and of the arts. The foundation was established to save the Michigan Theater from demolition in 1979, when developers threatened to convert the theater into a food court. Today, the Michigan Theater is proud to serve as the community gathering place for the greater Ann Arbor area. Over 250,000 guests attend movies, plays, music and comedy concerts, talks, meetings, parties, weddings and other events each year.

Financial

91.10

Accountability & Transparency

88.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.1%
  Administrative Expenses 9.1%
  Fundraising Expenses 10.6%
  Fundraising Efficiency $0.27
  Working Capital Ratio (years) 2.31
  Program Expenses Growth 10.5%
  Liabilities to Assets 2.6%
All data for Financial Performance Metrics calculations was provided by Michigan Theater Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Michigan Theater Foundation on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,353,495
   Federated Campaigns $0
   Membership Dues $669,451
   Fundraising Events $0
   Related Organizations $0
   Government Grants $45,620
Total Contributions $2,068,566
   Program Service Revenue $4,055,867
Total Primary Revenue $6,124,433
   Other Revenue $1,368,630
TOTAL REVENUE $7,493,063
   
EXPENSES  
   Program Expenses $5,210,728
   Administrative Expenses $888,126
   Fundraising Expenses $603,429
TOTAL FUNCTIONAL EXPENSES $6,702,283
   
Payments to Affiliates $0
Excess (or Deficit) for the year $790,780
   
Net Assets $13,853,858

Charts

Compensation % of Expenses Paid to Title
$124,150 1.85% Russell B. Collins CEO, Secretary

Mission

Founded in 1979, the Michigan Theater Foundation works to preserve, restore and operate the Michigan Theater venues for the benefit of the community and of the arts. The foundation was established to save the Michigan Theater from demolition in 1979, when developers threatened to convert the theater into a food court. Today, the Michigan Theater is proud to serve as the community gathering place for the greater Ann Arbor area. Over 250,000 guests attend movies, plays, music and comedy concerts, talks, meetings, parties, weddings and other events each year.

Highly Rated

Charity Name & State Overall Score Overall Rating
Michigan Theater Foundation (MI) 89.43
Flynn Center for the Performing Arts (VT) 90.33
The Woodruff Arts Center (GA) 88.46
SFFILM (CA) 86.06
The Schubert Club (MN) 86.81

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Charity Contact Info

Michigan Theater Foundation
603 East Liberty Street
Ann Arbor, MI 48104
tel: (734) 668-8397
fax: (734) 668-7136
EIN: 38-2269013

Visit Web Site

Board Leadership

James D. Buhr
Chair

CEO

Russ Collins
Executive Director & CEO