Civic Intelligence

Venture Michigan Fund

990T • Fiscal year 2022 • EIN 20-1443645

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

767 Fifth Avenue 14th FloorNew York, NY 10153

(646) 362-3700

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0-$200MAssets 2010: $159,691,032Liabilities 2010: $203,629,349Net Assets 2010: -$43,938,3172010Assets 2011: $182,412,898Liabilities 2011: $246,477,474Net Assets 2011: -$64,064,5762011Assets 2012: $264,209,270Liabilities 2012: $335,555,323Net Assets 2012: -$71,346,0532012Assets 2013: $263,380,122Liabilities 2013: $360,575,551Net Assets 2013: -$97,195,4292013Assets 2014: $281,044,287Liabilities 2014: $403,646,015Net Assets 2014: -$122,601,7282014Assets 2015: $352,566,089Liabilities 2015: $349,776,221Net Assets 2015: $2,789,8682015Assets 2016: $364,722,390Liabilities 2016: $371,611,986Net Assets 2016: -$6,889,5962016Assets 2017: $356,235,761Liabilities 2017: $282,811,223Net Assets 2017: $73,424,5382017Assets 2018: $359,734,507Liabilities 2018: $266,803,889Net Assets 2018: $92,930,6182018Assets 2019: $343,074,204Liabilities 2019: $266,618,291Net Assets 2019: $76,455,9132019Assets 2020: $423,885,343Liabilities 2020: $210,242,481Net Assets 2020: $213,642,8622020Assets 2021: $479,759,499Liabilities 2021: $73,663,491Net Assets 2021: $406,096,0082021Assets 2022: $339,849,528Liabilities 2022: $10,914,646Net Assets 2022: $328,934,8822022Assets 2023: $254,515,626Liabilities 2023: $5,769,503Net Assets 2023: $248,746,1232023Assets 2024: $255,676,228Liabilities 2024: $4,209,438Net Assets 2024: $251,466,7902024

Latest loaded filing

2024

Assets$255,676,228
Liabilities$4,209,438
Net Assets$251,466,790

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $14,797,2272010Expenses 2011: $20,976,9032011Expenses 2012: $25,234,2852012Revenue 2013: $3,752,031Expenses 2013: $28,079,501Net Income 2013: -$24,327,4702013Revenue 2014: -$1,135,273Expenses 2014: $39,147,447Net Income 2014: -$40,282,7202014Revenue 2015: $5,969,421Expenses 2015: $33,501,972Net Income 2015: -$27,532,5512015Revenue 2016: $8,546,299Expenses 2016: $29,168,105Net Income 2016: -$20,621,8062016Revenue 2017: $12,627,265Expenses 2017: $22,477,824Net Income 2017: -$9,850,5592017Revenue 2018: $11,849,180Expenses 2018: $22,309,563Net Income 2018: -$10,460,3832018Revenue 2019: $18,161,323Expenses 2019: $21,246,592Net Income 2019: -$3,085,2692019Revenue 2020: $78,875,591Expenses 2020: $18,403,439Net Income 2020: $60,472,1522020Revenue 2021: $100,484,897Expenses 2021: $18,483,171Net Income 2021: $82,001,7262021Revenue 2022: $26,346,078Expenses 2022: $2,196,899Net Income 2022: $24,149,1792022Revenue 2023: $11,679,447Expenses 2023: $1,499,758Net Income 2023: $10,179,6892023Revenue 2024: $30,782,882Expenses 2024: $1,790,345Net Income 2024: $28,992,5372024

Latest loaded filing

2024

Revenue$30,782,882
Expenses$1,790,345
Net Income$28,992,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v7.0
Mission and Program Overview

Mission

To raise capital and invest that capital in venture capital firms with the intent to benefit the state of michigan's early or seed stage businesses.

Filing and Contact Details

Filer

Filer Name
Venture Michigan Fund
EIN
20-1443645
In Care Of
% JOHN EVANS
Phone
6463623700
Address
767 Fifth Avenue 14th Floor, NEW YORK, NY 10153

Signing Officer

Name
John Evans
Title
Authorized Signatory
Phone
6463623700
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Kpmg Llp
Address
345 PARK AVENUE, NEW YORK, NY 10154-0102
Preparer
Crystal Wiley
Phone
2127859700
Raw XML Appendix70 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990T/AvlblPre2018NOLCarryoverAmt063419820
IRS990T/BalanceDueAmt00
IRS990T/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN EVANS
IRS990T/BooksInCareOfDetail/PhoneNum06463623700
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0767 FIFTH AVENUE 14TH FLOOR
IRS990T/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd010153
IRS990T/BookValueAssetsEOYAmt0339849528
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt00
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt018397340
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/PrincipalBusinessActivityCd0901101
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt0-20698
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt0-20698
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0-20698
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0FROM INVESTMENTS IN LIMITED PARTNERSHIPS
IRS990TScheduleA/UBIBeforeNOLDedAmt0-20698
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0-20698
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt00
IRS990T/TotalUBTIBeforeSection199AAmt00
IRS990T/TotalUBTIComputedAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN EVANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0AUTHORIZED SIGNATORY
ReturnHeader/BusinessOfficerGrp/PhoneNum06463623700
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VENTURE MICHIGAN FUND
ReturnHeader/Filer/BusinessNameControlTxt0VENT
ReturnHeader/Filer/EIN0201443645
ReturnHeader/Filer/InCareOfNm0% JOHN EVANS
ReturnHeader/Filer/PhoneNum06463623700
ReturnHeader/Filer/USAddress/AddressLine1Txt0767 Fifth Avenue 14th Floor
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010153
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0345 PARK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0101540102
ReturnHeader/PreparerPersonGrp/PhoneNum02127859700
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRYSTAL WILEY
ReturnHeader/ReturnTs02023-11-15T10:45:27-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EVANS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$256$4.21$251$30.8$1.79$29.0
2023Detailed filing. Detailed filing data is available for this year.$255$5.77$249$11.7$1.50$10.2
2022Detailed filing. Detailed filing data is available for this year.$340$10.9$329$26.3$2.20$24.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021Detailed filing. Detailed filing data is available for this year.$480$73.7$406$100$18.5$82.0
2020Detailed filing. Detailed filing data is available for this year.$424$210$214$78.9$18.4$60.5
2019Detailed filing. Detailed filing data is available for this year.$343$267$76.5$18.2$21.2$3.09
2018Detailed filing. Detailed filing data is available for this year.$360$267$92.9$11.8$22.3$10.5
2017Detailed filing. Detailed filing data is available for this year.$356$283$73.4$12.6$22.5$9.85
2016Detailed filing. Detailed filing data is available for this year.$365$372$6.89$8.55$29.2$20.6
2015Summary only. Only limited summary data is available for this year.$353$350$2.79$5.97$33.5$27.5
2014Detailed filing. Detailed filing data is available for this year.$281$404$123$1.14$39.1$40.3
2013Summary only. Only limited summary data is available for this year.$263$361$97.2$3.75$28.1$24.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$264$336$71.3$25.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$182$246$64.1$21.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$160$204$43.9$14.8