Civic Intelligence

Michigans Thanksgiving Parade Foundation

990 • Fiscal year 2023 • EIN 38-2460378

Feb 01, 2022 to Jan 31, 2023 • Filed on Nov 16, 2023

Organization ProfileWWW.THEPARADE.ORG
9500 MT Elliott ADetroit, MI 48211-1673

(313) 923-7400

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

9th percentile

-39%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$724,600

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 22.8% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

7.3%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$8,716,734

Down $1,241,191 (-12%) from 2022

Net Assets

Down

$8,716,734

Down $1,241,191 (-12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin9th percentile

Revenue

Up

$3,180,846

Up $216,201 (+7.3%) from 2022

Expenses

Up

$4,432,184

Up $1,686,806 (+61%) from 2022

Net Income

Down

-$1,251,338

Down $1,470,605 (-671%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$10M$5.0M$0Assets 2012: $2,115,070Liabilities 2012: $0Net Assets 2012: $2,115,0702012Assets 2013: $2,614,713Liabilities 2013: $0Net Assets 2013: $2,614,7132013Assets 2014: $3,830,727Liabilities 2014: $0Net Assets 2014: $3,830,7272014Assets 2015: $4,107,863Liabilities 2015: $0Net Assets 2015: $4,107,8632015Assets 2016: $4,787,010Liabilities 2016: $0Net Assets 2016: $4,787,0102016Assets 2017: $5,940,734Liabilities 2017: $0Net Assets 2017: $5,940,7342017Assets 2018: $6,707,353Liabilities 2018: $0Net Assets 2018: $6,707,3532018Assets 2019: $7,674,136Liabilities 2019: $0Net Assets 2019: $7,674,1362019Assets 2020: $8,540,241Liabilities 2020: $0Net Assets 2020: $8,540,2412020Assets 2021: $9,711,850Liabilities 2021: $0Net Assets 2021: $9,711,8502021Assets 2022: $9,957,925Liabilities 2022: $0Net Assets 2022: $9,957,9252022Assets 2023: $8,716,734Liabilities 2023: $0Net Assets 2023: $8,716,7342023Assets 2024: $8,663,025Liabilities 2024: $0Net Assets 2024: $8,663,0252024Assets 2025: $8,541,846Liabilities 2025: $0Net Assets 2025: $8,541,8462025

Highlighted filing

2023

Assets$8,716,734
Liabilities$0
Net Assets$8,716,734
Open 2023 Filing

Operations Trend

Revenue Growth52nd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,711,135Expenses 2012: $1,420,412Net Income 2012: $290,7232012Revenue 2013: $1,897,512Expenses 2013: $1,397,869Net Income 2013: $499,6432013Revenue 2014: $2,859,817Expenses 2014: $1,664,776Net Income 2014: $1,195,0412014Revenue 2015: $2,782,402Expenses 2015: $2,518,075Net Income 2015: $264,3272015Revenue 2016: $3,003,484Expenses 2016: $2,310,310Net Income 2016: $693,1742016Revenue 2017: $3,512,515Expenses 2017: $2,385,560Net Income 2017: $1,126,9552017Revenue 2018: $3,444,362Expenses 2018: $2,696,518Net Income 2018: $747,8442018Revenue 2019: $3,732,174Expenses 2019: $2,750,486Net Income 2019: $981,6882019Revenue 2020: $3,538,446Expenses 2020: $2,683,752Net Income 2020: $854,6942020Revenue 2021: $3,776,190Expenses 2021: $2,618,217Net Income 2021: $1,157,9732021Revenue 2022: $2,964,645Expenses 2022: $2,745,378Net Income 2022: $219,2672022Revenue 2023: $3,180,846Expenses 2023: $4,432,184Net Income 2023: -$1,251,3382023Revenue 2024: $2,798,543Expenses 2024: $2,897,801Net Income 2024: -$99,2582024Revenue 2025: $2,909,233Expenses 2025: $3,184,536Net Income 2025: -$275,3032025

Highlighted filing

2023

Revenue$3,180,846
Expenses$4,432,184
Net Income-$1,251,338
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$3,180,846
Mission and Program Overview

Mission

To operate exclusively for charitable and educational purposes by sponsoring and coordinating a parade and other civic festivals within the city of detroit for the benefit, education, and enjoyment of the residents of the state of michigan, as well as by publicizing its program and disseminating information concerning the attributes of the metropolitan detroit area and the state of michigan in order to combat community deterioration, relieve the burdens of government, and lessen neighborhood tensions.

To unite and bring people from all walks of life together to celebrate the tradition and create a memory for their lifetimes

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,024,811$5,792,940▼ $2,231,871
Investments in Publicly Traded Securities$1,933,114$2,923,794▲ $990,680
Total Assets$9,957,925$8,716,734▼ $1,241,191
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,957,925$8,716,734▼ $1,241,191
Total Net Assets Fund Balance$9,957,925$8,716,734▼ $1,241,191
Total Liabilities and Net Assets / Fund Balance$9,957,925$8,716,734▼ $1,241,191
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony T MichaelsPresident and C.e.o.FT$400,000$324,600$724,600
Jessica KaminskasChief Operating OfficerFT$136,200$66,000$202,200

Board Members and Trustees

NameTitle
Robert G RineyChair
Daniel J LoeppVice-chair
Bud DenkerDirector
Deborah I DingellDirector
Eric LarsonDirector
Linda ForteDirector
Matthew J SimonciniDirector
Matthew P CullenDirector
Rod AlbertsDirector
Ryan MaibachDirector
Sandra E PierceDirector
Sean MoranDirector
Van ConwayDirector
Matthew J HowellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,175,046
Program Service Revenue
$0
Investment Income
$5,800
Other Revenue
$0
All Other Contributions
$3,175,046
Change in Net Assets
$-1,251,338

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,180,846
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$10,147
Total Revenue per Audited Statements
$3,190,993
Total Revenue per Form 990
$3,180,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,989,546
Grants and Similar Amounts Paid$1,442,638
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,442,638--$1,442,638
Other Salaries and Wages$588,750$588,750-$1,177,500
Current Officers, Directors, Trustees, and Key Employees$463,400$463,400-$926,800
Pension Plan Contributions$260,294$260,294-$520,588
Other Employee Benefits$117,861$117,861-$235,722
Payroll Taxes$64,468$64,468-$128,936
Total Functional Expenses$2,937,411$1,494,773$0$4,432,184

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,432,184
Total Expenses per Audited Statements$4,432,184
Total Expenses per Form 990$4,432,184
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Parade CompanyDetroit, MI501(c)(3)To Support the Production of the Annual Thanksgiving Day Parade and Other Related Activities$1,442,638
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“An independent c.p.a. Firm prepares form 990, which is then reviewed by the audit committee and the organization's internal finance department before the return is approved for filing.”

Form 990, Part VI, Section B, Line 15

“The governing body interviews and selects the chief executive officer of the organization. The determining factors for the chief executive officer's compensation include former experience, pro-activeness, efficiency, and fundraising ability. Compensation is based on efficiency, performance reviews, and comparability data.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Thanksgiving Parade Foundation
EIN
38-2460378
Phone
3139237400
Address
9500 MT ELLIOTT A, DETROIT, MI 48211-1673

Signing Officer

Name
Anthony Michaels
Title
President and C.e.o.
Phone
3139237400
Signed
2023-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Michaels
Formed
1983
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
14
Employees
44
Volunteers
2,400

Preparer

Firm
GJC CPA'S & ADVISORS
Address
535 GRISWOLD STREET SUITE 1200, DETROIT, MI 48226-3689
Preparer
Michael R Nicholas
Phone
3139652655
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organizations' [the michigan thanksgiving parade foundation and the parade company] management is not aware of any uncertain tax positions or unrecognized tax benefits as of january 31, 2023 or 2022.”

Raw XML AppendixShowing 400 of 537 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO UNITE AND BRING PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO CELEBRATE THE TRADITION AND CREATE A MEMORY FOR THEIR LIFETIMES
IRS990/AllOtherContributionsAmt03175046
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SHAM SRIHARSHA
IRS990/BooksInCareOfDetail/PhoneNum03139237400
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09500 MT ELLIOTT STUDIO A
IRS990/BooksInCareOfDetail/USAddress/CityNm0DETROIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0482111673
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0463400
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0463400
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0926800
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03175046
IRS990/CYGrantsAndSimilarPaidAmt01442638
IRS990/CYInvestmentIncomeAmt05800
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1251338
IRS990/CYSalariesCompEmpBnftPaidAmt02989546
IRS990/CYTotalExpensesAmt04432184
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03180846
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0AMERICA'S THANKSGIVING PARADE BRINGS A SPARK OF MAGIC AND PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO ENJOY ONE OF DETROIT'S LARGEST AND FREE EVENTS WHERE, FOR ONE SPECIAL MOMENT, FAMILIES CAN BE ENTERTAINED, SHARE A TRADITION, AND CREATE A MEMORY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt044
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02937411
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt145.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1435.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1535.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT G RINEY
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL J LOEPP
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW J HOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm3ROD ALBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm4VAN CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm5MATTHEW P CULLEN
IRS990/Form990PartVIISectionAGrp/PersonNm6BUD DENKER
IRS990/Form990PartVIISectionAGrp/PersonNm7DEBORAH I DINGELL
IRS990/Form990PartVIISectionAGrp/PersonNm8LINDA FORTE
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm10RYAN MAIBACH
IRS990/Form990PartVIISectionAGrp/PersonNm11SEAN MORAN
IRS990/Form990PartVIISectionAGrp/PersonNm12SANDRA E PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW J SIMONCINI
IRS990/Form990PartVIISectionAGrp/PersonNm14ANTHONY T MICHAELS
IRS990/Form990PartVIISectionAGrp/PersonNm15JESSICA KAMINSKAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14724600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15202200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT AND C.E.O.
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPERATING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt01442638
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01442638
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01442638
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03180846
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt05800
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05800
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01933114
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02923794
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SPONSORING AND COORDINATING A PARADE AND OTHER CIVIC FESTIVALS WITHIN THE CITY OF DETROIT FOR THE BENEFIT, EDUCATION, AND ENJOYMENT OF THE RESIDENTS OF THE STATE OF MICHIGAN, AS WELL AS BY PUBLICIZING ITS PROGRAM AND DISSEMINATING INFORMATION CONCERNING THE ATTRIBUTES OF THE METROPOLITAN DETROIT AREA AND THE STATE OF MICHIGAN IN ORDER TO COMBAT COMMUNITY DETERIORATION, RELIEVE THE BURDENS OF GOVERNMENT, AND LESSEN NEIGHBORHOOD TENSIONS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09957925
IRS990/NetAssetsOrFundBalancesEOYAmt08716734
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt010147
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09957925
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08716734
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0117861
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0117861
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0235722
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0588750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0588750
IRS990/OtherSalariesAndWagesGrp/TotalAmt01177500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt064468
IRS990/PayrollTaxesGrp/ProgramServicesAmt064468
IRS990/PayrollTaxesGrp/TotalAmt0128936
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0260294
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0260294
IRS990/PensionPlanContributionsGrp/TotalAmt0520588
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANTHONY MICHAELS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02962223
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02422
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0219267
IRS990/PYSalariesCompEmpBnftPaidAmt02745378
IRS990/PYTotalExpensesAmt02745378
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02964645
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1251338
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08024811
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05792940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03175046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02962223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03773369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03497505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03727300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017135443
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0850000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0850000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0850000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0850000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0850000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt04250000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02422
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02821
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt040941
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04874
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt056858
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61400
IRS990ScheduleA/PublicSupportPY170Pct00.57060
IRS990ScheduleA/PublicSupportTotal170Amt013166215
IRS990ScheduleA/SubstantialContributorsTotAmt08219228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04025046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03812223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04623369
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04347505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04577300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021385443
IRS990ScheduleA/TotalSupportAmt021442301
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04432184
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt010147
IRS990ScheduleD/RevenueNotReportedAmt010147
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03180846
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS' [THE MICHIGAN THANKSGIVING PARADE FOUNDATION AND THE PARADE COMPANY] MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AS OF JANUARY 31, 2023 OR 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04432184
IRS990ScheduleD/TotalRevenuePerForm990Amt03180846
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03190993
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04432184
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt01442638
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE PRODUCTION OF THE ANNUAL THANKSGIVING DAY PARADE AND OTHER RELATED ACTIVITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE PARADE COMPANY
IRS990ScheduleI/RecipientTable/RecipientEIN0382684772
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09500 MT ELLIOTT STUDIO A
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0482111673
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0N/A
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0400000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1136200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0200000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount135000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0124600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt131000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANTHONY T MICHAELS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JESSICA KAMINSKAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND C.E.O.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0724600

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,716,734
Liabilities
$0
Net assets
$8,716,734
Revenue
$3,180,846
Expenses
$4,432,184
Net income
-$1,251,338
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.54$0.00$8.54$2.91$3.18$0.28
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.66$0.00$8.66$2.80$2.90$0.10
2023Detailed filing. Detailed filing data is available for this year.$8.72$0.00$8.72$3.18$4.43$1.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.96$0.00$9.96$2.96$2.75$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.71$0.00$9.71$3.78$2.62$1.16
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$8.54$0.00$8.54$3.54$2.68$0.85
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.67$0.00$7.67$3.73$2.75$0.98
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.71$0.00$6.71$3.44$2.70$0.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.94$0.00$5.94$3.51$2.39$1.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$0.00$4.79$3.00$2.31$0.69
2015Detailed filing. Detailed filing data is available for this year.$4.11$0.00$4.11$2.78$2.52$0.26
2014Summary only. Only limited summary data is available for this year.$3.83$0.00$3.83$2.86$1.66$1.20
2013Summary only. Only limited summary data is available for this year.$2.61$0.00$2.61$1.90$1.40$0.50
2012Summary only. Only limited summary data is available for this year.$2.12$0.00$2.12$1.71$1.42$0.29