Civic Intelligence

Fund for Culture

EIN 88-0946985 • 501(c)4 • Detroit, MI

Profile

The organization is operated exclusively for the promotion of the social welfare to benefit the common good and general welfare of the community, including education on the importance of cultural and historical organizations, as permitted by section 501(c)(4) of the internal revenue code.

150 West Jefferson Avenue 2500Detroit, MI 48226-4415

n/A

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.00x

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

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

92nd percentile

63%

Higher net margin than 92% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-70%

Faster revenue growth than 2% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$1,396,444

Up $162,500 (+13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,396,444

Up $162,500 (+13%) from 2023

Operations
Liabilities / Revenue30th percentileNet Margin92nd percentile

Revenue

Down

$257,558

Down $605,486 (-70%) from 2023

Expenses

Up

$95,058

Up $65,940 (+226%) from 2023

Net Income

Down

$162,500

Down $671,426 (-81%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

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

$1.5M$1.0M$500K$0Assets 2022: $400,018Liabilities 2022: $0Net Assets 2022: $400,0182022Assets 2023: $1,233,944Liabilities 2023: $0Net Assets 2023: $1,233,9442023Assets 2024: $1,396,444Liabilities 2024: $0Net Assets 2024: $1,396,4442024

Highlighted filing

2024

Assets$1,396,444
Liabilities$0
Net Assets$1,396,444
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0Revenue 2022: $400,050Expenses 2022: $32Net Income 2022: $400,0182022Revenue 2023: $863,044Expenses 2023: $29,118Net Income 2023: $833,9262023Revenue 2024: $257,558Expenses 2024: $95,058Net Income 2024: $162,5002024

Highlighted filing

2024

Revenue$257,558
Expenses$95,058
Net Income$162,500
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,396,444
Liabilities
$0
Net assets
$1,396,444
Revenue
$257,558
Expenses
$95,058
Net income
$162,500
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.26$0.10$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.86$0.03$0.83
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.40$0.00$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$257,558
Mission and Program Overview

Mission

The organization is operated exclusively for the promotion of the social welfare to benefit the common good and general welfare of the community, including education on the importance of cultural and historical organizations, as permitted by section 501(c)(4) of the internal revenue code.

To raise and expend funds in pursuit of the passage of a public tax millage in metropolitan detroit to provide funding for the charles h. Wright museum of african american history and the detroit historical museum, as well as related activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,172,301$1,387,858▲ $215,557
Cash and Non-Interest-Bearing Accounts$61,643$8,586▼ $53,057
Total Assets$1,233,944$1,396,444▲ $162,500
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,233,944$1,396,444▲ $162,500
Total Net Assets Fund Balance$1,233,944$1,396,444▲ $162,500
Total Liabilities and Net Assets / Fund Balance$1,233,944$1,396,444▲ $162,500
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
Kim TrentPresident
Roderick GillumVice-president and Secretary
Gregory a NowakVice-president and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200,000
Program Service Revenue
$0
Investment Income
$57,558
Other Revenue
$0
All Other Contributions
$200,000
Change in Net Assets
$162,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Lobbying$84,000--$84,000
Fees for Services Legal$10,653--$10,653
Office Expenses-$405-$405
Total Functional Expenses$94,653$405$0$95,058
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board will review form 990 before it is filed.”

Form 990, Part VI, Section C, Line 19

“The organization does not make its governing documents or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Fund for Culture
EIN
88-0946985
Phone
2489885898
Address
150 WEST JEFFERSON AVENUE 2500, DETROIT, MI 48226-4415

Signing Officer

Name
Kim Trent
Title
President
Phone
2489885898
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Trent
Formed
2022
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
GJC CPA'S & ADVISORS
Address
1001 WOODWARD AVENUE SUITE 850, DETROIT, MI 48226-1904
Preparer
Michael R Nicholas
Phone
3139652655
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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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