Civic Intelligence

Michigan Philharmonic

990 • Fiscal year 2024 • EIN 38-1889474

Jul 01, 2023 to Jun 30, 2024 • Filed on Mar 18, 2025

P O Box 6379Plymouth, MI 48170

(734) 451-2112

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.08x

Higher debt load relative to revenue than 67% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

22nd percentile

-10%

Higher net margin than 22% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

64th percentile

$42,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

20th percentile

-8.2%

Faster asset growth than 20% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

7.8%

Faster revenue growth than 50% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$365,426

Down $32,677 (-8.2%) from 2023

Net Assets

Up

$326,574

Up $756 (+0.2%) from 2023

Liabilities

Down

$38,852

Down $33,433 (-46%) from 2023

Revenue

Up

$506,995

Up $36,892 (+7.8%) from 2023

Expenses

Up

$559,014

Up $53,358 (+11%) from 2023

Net Income

Down

-$52,019

Down $16,466 (-46%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $82,987Liabilities 2011: $38,748Net Assets 2011: $44,2392011Assets 2012: $109,990Liabilities 2012: $50,218Net Assets 2012: $59,7722012Assets 2013: $73,942Liabilities 2013: $44,752Net Assets 2013: $29,1902013Assets 2014: $69,458Liabilities 2014: $39,882Net Assets 2014: $29,5762014Assets 2015: $53,385Liabilities 2015: $33,922Net Assets 2015: $19,4632015Assets 2016: $60,715Liabilities 2016: $85,436Net Assets 2016: -$24,7212016Assets 2017: $99,464Liabilities 2017: $60,605Net Assets 2017: $38,8592017Assets 2018: $61,039Liabilities 2018: $36,060Net Assets 2018: $24,9792018Assets 2019: $68,642Liabilities 2019: $45,702Net Assets 2019: $22,9402019Assets 2020: $41,416Liabilities 2020: $16,040Net Assets 2020: $25,3762020Assets 2021: $74,395Liabilities 2021: $30,405Net Assets 2021: $43,9902021Assets 2022: $378,590Liabilities 2022: $27,045Net Assets 2022: $351,5452022Assets 2023: $398,103Liabilities 2023: $72,285Net Assets 2023: $325,8182023Assets 2024: $365,426Liabilities 2024: $38,852Net Assets 2024: $326,5742024Assets 2025: $381,103Liabilities 2025: $36,837Net Assets 2025: $344,2662025

Highlighted filing

2024

Assets$365,426
Liabilities$38,852
Net Assets$326,574

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $286,704Expenses 2011: $266,570Net Income 2011: $20,1342011Revenue 2012: $374,269Expenses 2012: $358,785Net Income 2012: $15,4842012Revenue 2013: $461,913Expenses 2013: $469,539Net Income 2013: -$7,6262013Revenue 2014: $443,899Expenses 2014: $438,622Net Income 2014: $5,2772014Revenue 2015: $423,333Expenses 2015: $433,446Net Income 2015: -$10,1132015Revenue 2016: $502,722Expenses 2016: $544,224Net Income 2016: -$41,5022016Revenue 2017: $509,196Expenses 2017: $445,616Net Income 2017: $63,5802017Revenue 2018: $485,433Expenses 2018: $499,777Net Income 2018: -$14,3442018Revenue 2019: $470,244Expenses 2019: $448,896Net Income 2019: $21,3482019Revenue 2020: $375,749Expenses 2020: $373,313Net Income 2020: $2,4362020Revenue 2021: $284,368Expenses 2021: $244,654Net Income 2021: $39,7142021Revenue 2022: $742,406Expenses 2022: $434,851Net Income 2022: $307,5552022Revenue 2023: $470,103Expenses 2023: $505,656Net Income 2023: -$35,5532023Revenue 2024: $506,995Expenses 2024: $559,014Net Income 2024: -$52,0192024Revenue 2025: $500,260Expenses 2025: $518,198Net Income 2025: -$17,9382025

Highlighted filing

2024

Revenue$506,995
Expenses$559,014
Net Income-$52,019
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 18, 2025
Return Version
2023v6.0
Gross Receipts
$506,995
Mission and Program Overview

Mission

To enrich the communities of Southeastern Michigan in fostering excellence and innovation to our community in the performance of orchestral music to educate current and future audiences

To enrich the communities of Southeastern Michigan in fostering excellence and innovation in the performance of orchestral music

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$363,491$343,780▼ $19,711
Rtn Earn Endowment Incm Other Fnds$325,818--
Cash and Non-Interest-Bearing Accounts$23,863$16,596▼ $7,267
Prepaid Expenses and Deferred Charges$1,349$2,000▲ $651
Accounts Receivable$7,500$50▼ $7,450
Total Assets$398,103$365,426▼ $32,677
Other Assets Total$1,900$3,000▲ $1,100
Liabilities
Accounts Payable and Accrued Expenses$29,135$22,012▼ $7,123
Unsecured Notes Loans Payable$9,850$10,150▲ $300
Deferred Revenue$33,300$6,690▼ $26,610
Total Liabilities$72,285$38,852▼ $33,433
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$325,818$326,574▲ $756
Total Net Assets Fund Balance$325,818$326,574▲ $756
Total Liabilities and Net Assets / Fund Balance$398,103$365,426▼ $32,677
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth StewartExecutive DirectorFT$42,000$42,000
Revenue and Support

Revenue Composition

Contributions and Grants
$234,673
Program Service Revenue
$272,322
Investment Income
$0
Other Revenue
$0
All Other Contributions
$215,021
Change in Net Assets
$-52,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$489,919
Salaries, Compensation, and Employee Benefits$69,095
Total Fundraising Expense$16,347
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$348,852--$348,852
Occupancy$22,084$22,765-$44,849
Current Officers, Directors, Trustees, and Key Employees$42,000--$42,000
Office Expenses$12,862$17,653$2,969$33,484
All Other Expenses$8,371$3,078$13,158$24,607
Information Technology-$15,479$220$15,699
Fees for Services Accounting-$12,408-$12,408
Pension Plan Contributions$12,302--$12,302
Other Salaries and Wages$11,580--$11,580
Insurance-$4,728-$4,728
Advertising-$4,326-$4,326
Payroll Taxes$3,213--$3,213
Interest-$966-$966
Total Functional Expenses$461,264$81,403$16,347$559,014
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cruise Raffle$13,450$13,450$1,845$11,605
Special Fundraiser$8,047$8,047-$8,047
Total Events$21,497$21,497$1,845$19,652
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Donald SoenenBoard MemberOffice RentNo$22,765
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 1A

An executive committee consisting of 4 board members provides direction for

Part VI Line 1A

the executive director and acts on behalf of the full board if necessary

Part VI Line 7A

The entire board of directors approves all new members

Part VI Line 11B

Copies of Form 990 are furnished to all Board Members either by email or if

Part VI Line 11B

time permits at the monthly Board meeting for approval before filing

Part VI Line 15A or B

Executive director compensation is set by the Board based on a review of

Part VI Line 15A or B

comparable duties and responsibilities at similar organizations

Part VI Line 19

Form 990 and Committee minutes are available to the general public upon

Part VI Line 19

request at the organization's offices

Filing and Contact Details

Filer

Filer Name
Michigan Philharmonic
EIN
38-1889474
In Care Of
% Susan H Hoy
Phone
7344512112
Address
P O Box 6379, Plymouth, MI 48170

Signing Officer

Name
Susan H Hoy
Title
Treasurer
Phone
7348337120
Signed
2025-03-18

Organization Details

Principal Officer
Elizabeth Stewart
Formed
1945
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
50
Supplemental Narrative

Additional Explanations

Part XI Line 8

The prior period adjustment is due to the Kellogg Park

Part XI Line 8

concert being performed on June 29, 2023 but the revenue

Part XI Line 8

was not received or recorded until July 2023 the

Part XI Line 8

subsequent fiscal year. This adjustment records the

Part XI Line 8

revenue in the proper period

Raw XML Appendix391 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.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd9false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd5false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd6false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd7false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd8false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd9false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0is an officer of the
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1Recreation Complex which
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt2Michigan Philharmonic and
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Donald Soenen
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc1Plymouth Arts &
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc2is the landlord of the
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc3a Board Member
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0An executive committee consisting of 4 board members provides direction for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1the executive director and acts on behalf of the full board if necessary
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The entire board of directors approves all new members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of Form 990 are furnished to all Board Members either by email or if
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4time permits at the monthly Board meeting for approval before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Executive director compensation is set by the Board based on a review of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6comparable duties and responsibilities at similar organizations
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990 and Committee minutes are available to the general public upon
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8request at the organization's offices
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The prior period adjustment is due to the Kellogg Park
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10concert being performed on June 29, 2023 but the revenue
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11was not received or recorded until July 2023 the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12subsequent fiscal year. This adjustment records the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13revenue in the proper period
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI Line 15a or b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part XI Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part XI Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Part XI Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part XI Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Part XI Line 8
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0398103
IRS990/TotalAssetsEOYAmt0365426
IRS990/TotalAssetsGrp/BOYAmt0398103
IRS990/TotalAssetsGrp/EOYAmt0365426
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0234673
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016347
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081403
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0461264
IRS990/TotalFunctionalExpensesGrp/TotalAmt0559014
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072285
IRS990/TotalLiabilitiesEOYAmt038852
IRS990/TotalLiabilitiesGrp/BOYAmt072285
IRS990/TotalLiabilitiesGrp/EOYAmt038852
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0325818
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0326574
IRS990/TotalProgramServiceExpensesAmt0461264
IRS990/TotalProgramServiceRevenueAmt0272322
IRS990/TotalReportableCompFromOrgAmt042000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0272322
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0506995
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0398103
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0365426
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt09850
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt010150
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 6379
IRS990/USAddress/CityNm0Plymouth
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048170
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0www.michiganphil.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN H HOY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07348337120
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Michigan Philharmonic
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0381889474
ReturnHeader/Filer/InCareOfNm0% Susan H Hoy
ReturnHeader/Filer/PhoneNum07344512112
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 6379
ReturnHeader/Filer/USAddress/CityNm0Plymouth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048170
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02025-03-18T06:22:44-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.81$0.37$3.44$5.00$5.18$0.18
2024Detailed filing. Detailed filing data is available for this year.$3.65$0.39$3.27$5.07$5.59$0.52
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.72$3.26$4.70$5.06$0.36
2022Detailed filing. Detailed filing data is available for this year.$3.79$0.27$3.52$7.42$4.35$3.08
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.30$0.44$2.84$2.45$0.40
2020Summary only. Only limited summary data is available for this year.$0.41$0.16$0.25$3.76$3.73$0.02
2019Summary only. Only limited summary data is available for this year.$0.69$0.46$0.23$4.70$4.49$0.21
2018Summary only. Only limited summary data is available for this year.$0.61$0.36$0.25$4.85$5.00$0.14
2017Summary only. Only limited summary data is available for this year.$0.99$0.61$0.39$5.09$4.46$0.64
2016Summary only. Only limited summary data is available for this year.$0.61$0.85$0.25$5.03$5.44$0.42
2015Summary only. Only limited summary data is available for this year.$0.53$0.34$0.19$4.23$4.33$0.10
2014Summary only. Only limited summary data is available for this year.$0.69$0.40$0.30$4.44$4.39$0.05
2013Summary only. Only limited summary data is available for this year.$0.74$0.45$0.29$4.62$4.70$0.08
2012Summary only. Only limited summary data is available for this year.$1.10$0.50$0.60$3.74$3.59$0.15
2011Summary only. Only limited summary data is available for this year.$0.83$0.39$0.44$2.87$2.67$0.20