Civic Intelligence

Ann Arbor Summer Festival Inc

EIN 38-2307397 • 501(c)3 • Ann Arbor, MI

Profile

The ann arbor summer festival's mission is to present arts and entertainment that enrich cultural, economic, and social vitality of the region.

210 Huronview Blvd Suite 1Ann Arbor, MI 48103

www.a2sf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

23rd percentile

-9.0%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

69th percentile

$106,521

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

22nd percentile

-5.7%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

26th percentile

-7.1%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$789,935

Down $62,296 (-7.3%) from 2023

Liabilities

Up

$63,220

Up $38,040 (+151%) from 2023

Net Assets

Down

$726,715

Down $100,336 (-12%) from 2023

Revenue

Down

$1,181,821

Down $795,783 (-40%) from 2023

Expenses

Down

$1,363,479

Down $257,540 (-16%) from 2023

Net Income

Down

-$181,658

Down $538,243 (-151%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $350,307Liabilities 2011: $38,176Net Assets 2011: $312,1312011Assets 2012: $426,827Liabilities 2012: $143,527Net Assets 2012: $283,3002012Assets 2013: $314,944Liabilities 2013: $103,393Net Assets 2013: $211,5512013Assets 2014: $372,885Liabilities 2014: $97,671Net Assets 2014: $275,2142014Assets 2015: $361,152Liabilities 2015: $70,674Net Assets 2015: $290,4782015Assets 2016: $490,377Liabilities 2016: $221,557Net Assets 2016: $268,8202016Assets 2017: $633,430Liabilities 2017: $146,704Net Assets 2017: $486,7262017Assets 2018: $472,964Liabilities 2018: $36,279Net Assets 2018: $436,6852018Assets 2019: $380,839Liabilities 2019: $61,153Net Assets 2019: $319,6862019Assets 2020: $566,596Liabilities 2020: $149,552Net Assets 2020: $417,0442020Assets 2021: $735,387Liabilities 2021: $66,686Net Assets 2021: $668,7012021Assets 2022: $479,146Liabilities 2022: $21,998Net Assets 2022: $457,1482022Assets 2023: $852,231Liabilities 2023: $25,180Net Assets 2023: $827,0512023Assets 2024: $789,935Liabilities 2024: $63,220Net Assets 2024: $726,7152024

Highlighted filing

2024

Assets$789,935
Liabilities$63,220
Net Assets$726,715

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,248,4642011Expenses 2012: $1,537,1692012Revenue 2013: $1,512,481Expenses 2013: $1,584,230Net Income 2013: -$71,7492013Revenue 2014: $1,414,537Expenses 2014: $1,350,874Net Income 2014: $63,6632014Revenue 2015: $1,196,329Expenses 2015: $1,177,693Net Income 2015: $18,6362015Revenue 2016: $1,439,310Expenses 2016: $1,466,654Net Income 2016: -$27,3442016Revenue 2017: $1,555,010Expenses 2017: $1,350,093Net Income 2017: $204,9172017Revenue 2018: $1,217,386Expenses 2018: $1,277,000Net Income 2018: -$59,6142018Revenue 2019: $1,184,134Expenses 2019: $1,306,834Net Income 2019: -$122,7002019Revenue 2020: $586,182Expenses 2020: $508,570Net Income 2020: $77,6122020Revenue 2021: $879,032Expenses 2021: $687,543Net Income 2021: $191,4892021Revenue 2022: $1,134,323Expenses 2022: $1,272,053Net Income 2022: -$137,7302022Revenue 2023: $1,977,604Expenses 2023: $1,621,019Net Income 2023: $356,5852023Revenue 2024: $1,181,821Expenses 2024: $1,363,479Net Income 2024: -$181,6582024

Highlighted filing

2024

Revenue$1,181,821
Expenses$1,363,479
Net Income-$181,658

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.06$0.73$1.18$1.36$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.03$0.83$1.98$1.62$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.48$0.02$0.46$1.13$1.27$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.07$0.67$0.88$0.69$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.15$0.42$0.59$0.51$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.06$0.32$1.18$1.31$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.04$0.44$1.22$1.28$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.15$0.49$1.56$1.35$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.22$0.27$1.44$1.47$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.07$0.29$1.20$1.18$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.10$0.28$1.41$1.35$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.10$0.21$1.51$1.58$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.14$0.28$1.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.04$0.31$1.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Apr 4, 2025
Return Version
2023v6.0
Gross Receipts
$1,341,124
Mission and Program Overview

Mission

To present arts and entertainment that enrich the cultural, economic, and social vitality of the region.

The ann arbor summer festival's mission is to present arts and entertainment that enrich the cultural, economic, and social vitality of the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$360,313$458,363▲ $98,050
Pledges and Grants Receivable$339,375$197,599▼ $141,776
Land, Buildings, and Equipment, Net$45,944$79,260▲ $33,316
Savings and Temporary Cash Investments$35,801$46,153▲ $10,352
Cash and Non-Interest-Bearing Accounts$55,044$5,986▼ $49,058
Prepaid Expenses and Deferred Charges$1,400$2,000▲ $600
Accounts Receivable$14,354$574▼ $13,780
Total Assets$852,231$789,935▼ $62,296
Liabilities
Accounts Payable and Accrued Expenses$25,180$63,220▲ $38,040
Total Liabilities$25,180$63,220▲ $38,040
Net Assets / Fund Balance
Net Assets With Donor Restrictions$583,167$445,688▼ $137,479
Net Assets Without Donor Restrictions$243,884$281,027▲ $37,143
Total Net Assets Fund Balance$827,051$726,715▼ $100,336
Total Liabilities and Net Assets / Fund Balance$852,231$789,935▼ $62,296

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,260$178,856$258,116

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$360,617$8,187▲ $89,711-$458,515
2023$304,243$7,885▲ $48,489-$360,617
2022$368,847$3,295▼ $67,899-$304,243
2021$304,336$1,384▲ $63,127-$368,847
2020$252,475$26,115▲ $25,746-$304,336
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael MichelonExecutive DiFT$90,431$6,216$96,647

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$847,898
Program Service Revenue
$181,909
Investment Income
$11,083
Other Revenue
$140,931
All Other Contributions
$695,232
Change in Net Assets
$-181,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,203,820
Revenue Not Reported on Financial Statements
$-21,999
Revenue Not Reported on Form 990
$216,520
Other Revenue Adjustments
$-21,999
Total Revenue per Audited Statements
$1,420,340
Total Revenue per Form 990
$1,181,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$864,270
Salaries, Compensation, and Employee Benefits$499,209
Total Fundraising Expense$102,790
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$427,036$16,354-$443,390
Other Salaries and Wages$229,410$36,646$61,766$327,822
Occupancy$151,177$29,828-$181,005
Current Officers, Directors, Trustees, and Key Employees$48,235$30,100$25,929$104,264
Advertising$22,037$43,974$1,244$67,255
Insurance$21,189$15,341-$36,530
Payroll Taxes$23,291$5,156$6,570$35,017
Other Employee Benefits$22,902$3,540$5,664$32,106
All Other Expenses$13,944$16,960$60$30,964
Office Expenses$465$21,154$1,248$22,867
Fees for Services Accounting-$22,225-$22,225
Travel$18,655$382-$19,037
Depreciation Depletion-$15,307-$15,307
Other Expenses$6,569$62$309$6,940
Information Technology-$3,243-$3,243
Total Functional Expenses$999,387$261,302$102,790$1,363,479

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,520,676
Expenses per Audited Statements$1,385,478
Total Expenses per Form 990$1,363,479
Expenses Not Reported on Form 990$135,198
Expenses Not Reported on Financial Statements$-21,999
Other Expense Adjustments$-21,999
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,999
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Debut Fundraisi$27,773-$13,158-
Total Events$27,773-$21,999$-21,999
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
-TrusteeBeveragesNo$28,574
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the executive director and the finance and sustainability committees. Once approved, the executive director or officer signs off on the form.

Form 990, Page 6, Part VI, Line 12C

All employess are required to disclose in writting to a2sf any proprietary or finacial interest they may have in any organization with which the festival does business, in order to determine whether a conflict of interest exists. This is done during the performance review process.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director is determined by the officers of the board of trustees and executive committee based usually on and executed through a multi-year contract.

Form 990, Page 6, Part VI, Line 15B

Any and all officers or key employees of the organization have their compensation determined by the officers of the board of trustees on a contractual basis.

Form 990, Page 6, Part VI, Line 19

A2sf makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request from those individuals.

Filing and Contact Details

Filer

Filer Name
Ann Arbor Summer Festival Inc
EIN
38-2307397
Phone
7349945999
Address
210 HURONVIEW BLVD SUITE 1, ANN ARBOR, MI 48103

Signing Officer

Name
Michael Michelon
Title
Executive Director
Phone
7349945999
Signed
2025-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Michelon
Formed
1978
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
137
Volunteers
200

Preparer

Firm
Yeo & Yeo Pc
Address
1450 EISENHOWER PLACE, ANN ARBOR, MI 48108-3283
Preparer
Timothy P Crosson Jr
Phone
7347691331
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

In a typical year, the ticketed event series features 8-12 marquee artists and is an important part of a2sf's mission to present a world-class celebration of arts and entertainment that enriches the cultural, economic, and social vitality of the region. Approximately 10,000 people purchase tickets each season. Additionally, a2sf provides affordable student tickets, and provides complimentary tickets to community partners and through the good neighbor ticket program. Form 990, part iii 4b - second accomplishment continued additionally, our live here now series is the cornerstone of a2sf's community engagement. We work with social-service organizations and residents of local under-resourced neighborhoods to share a2sf resources and help plan day-long community arts celebrations in parks and public spaces.

Form 990, Page 2, Part III, Line 4B

In a typical season, a2sf's outdoor programming at top of the park brings over 80,000 people to the area from across the region during 21 nights of admission-free events held city wide. This includes over 90 unique musical performers and roaming artists, street arts and spectacle, art exhibitions, 19 movies by moonlight, 21 wellness/movement classes, culinary tasting events, and hands-on creative experiences. Additionally, a2sf often presents compelling experiences throughout the year such as the public art installation monuments in wheeler park, or our live here now event where we work with partners to support local neighborhoods to share a2sf resources and help plan day-long community arts celebrations in parks and public spaces.

Form 990, Part IX, Line 11G

Production services and contr 427,036 16,354 0

Form 990, Part XI, Line 9

Cost of goods sold 74,408 special event expenses 21,999 cost of goods sold -74,408 special event expenses -21,999

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Net income from the endowment may be spent as a2sf sees fit with the current policy that the distributions are limited to 4.5% of the average value of the endowment balance over the previous seven years as of december 31st of each year with no distributions to be made until the combined endowment totals reach 500,000.

Schedule D, Page 4, Part XI, Line 2D

Cost of goods sold 74,408

Schedule D, Page 4, Part XI, Line 4B

Special event expenses -21,999

Schedule D, Page 4, Part XII, Line 2D

Cost of goods sold 74,408

Schedule D, Page 4, Part XII, Line 4B

Special event expenses -21,999

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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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IRS990/Form990PartVIISectionAGrp/PersonNm11JON KINSEY
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IRS990/Form990PartVIISectionAGrp/PersonNm13MIRIAM PERRY
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IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE - EX
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