THE CENTER FOR MICHIGAN

EIN: 320167398 501(c)(3) Public & Societal Benefit

DETROIT, MI

Total Revenue
$5,280,443
Total Expenses
$5,658,764
Total Assets
$12,994,181
Net Assets
$12,455,146
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
KATHERINE S LOCKER
Phone
7342155169
Tax Period
2024-01-01 to 2024-12-31

THE CENTER FOR MICHIGAN, founded in 2006, is a community nonprofit in the Public & Societal Benefit sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. Net assets of $12.5M represent 28 months of operating reserves.

Mission

FOR ALL STATE RESIDENTS, DIVERSE CIVIC STAKEHOLDERS AND PHILANTHROPY, THE CENTER FOR MICHIGAN (THE CENTER) AND ITS NONPROFIT NEWSROOMS - BRIDGE MICHIGAN AND BRIDGEDETROIT - MAKE MICHIGAN BETTER THROUGH HIGH-QUALITY, NONPARTISAN JOURNALISM AND ENGAGEMENT. THE CENTER FOCUSES ON IN-DEPTH EXPLANATORY AND WATCHDOG REPORTING WHILE WORKING COLLABORATIVELY WITH VARIOUS MEDIA TO DEEPEN AND WIDEN PUBLIC CONSUMPTION OF IN-DEPTH REPORTING. THIS WORK IS MADE POSSIBLE BY CHARITABLE DONATIONS RANGING FROM FOUNDATION GRANTS TO READER DONATIONS.

Program Service Accomplishments

Program 1
Expenses: $2,666,181

BRIDGE MICHIGAN: THE CENTERS MISSION IS TO MAKE MICHIGAN BETTER THROUGH HIGH-QUALITY, NONPARTISAN JOURNALISM AND ENGAGEMENT. THE CENTER ALSO WORKS COLLABORATIVELY WITH VARIOUS MEDIA TO PROVIDE...

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BRIDGE MICHIGAN: THE CENTERS MISSION IS TO MAKE MICHIGAN BETTER THROUGH HIGH-QUALITY, NONPARTISAN JOURNALISM AND ENGAGEMENT. THE CENTER ALSO WORKS COLLABORATIVELY WITH VARIOUS MEDIA TO PROVIDE IN-DEPTH REPORTING TO OUR PARTNERS, IN SO DOING, BUILDING JOURNALISM CAPACITY IN WAYS THAT SUPPORT MICHIGAN NEWS MEDIA, CITIZENS, BUSINESS AND PHILANTHROPY. THE CENTERS MAJOR FOCUS IS BRIDGE MICHIGAN, A FREE, ONLINE, NONPARTISAN NEWS MAGAZINE HAS GROWN TO MORE THAN 104,000 SUBSCRIBERS. BRIDGE MICHIGAN HAS GROWN INTO ONE OF THE NATIONS LEADING EXAMPLES OF NONPROFIT JOURNALISM AS MAINSTREAM NEWSPAPERS HAVE DRAMATICALLY DECLINED, EARNING OVER THREE MILLION READERS IN 2024.

Program 2
Expenses: $1,142,009

BRIDGEDETROIT LAUNCHED IN MAY 2020 AS AN EDITORIALLY INDEPENDENT NEWSROOM. BRIDGEDETROIT PROVIDES DETROIT WITH CREDIBLE, HIGHLY RELEVANT NEWS AND COMMUNITY INFORMATION - DRIVEN BY AUTHENTIC AND...

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BRIDGEDETROIT LAUNCHED IN MAY 2020 AS AN EDITORIALLY INDEPENDENT NEWSROOM. BRIDGEDETROIT PROVIDES DETROIT WITH CREDIBLE, HIGHLY RELEVANT NEWS AND COMMUNITY INFORMATION - DRIVEN BY AUTHENTIC AND DIVERSE PUBLIC ENGAGEMENT AND RESIDENT PRIORITIES - TO HELP CITY RESIDENTS. BRIDGEDETROIT HAS GROWN TO OVER 735,000 READERS IN 2024.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,855,404
Program Service Revenue $201,100
Investment Income $207,816
Other Revenue $16,123
TOTAL REVENUE $5,280,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,971,134
Fundraising Expenses $631,754
Program Expenses $3,808,190
Other Expenses $1,687,630
TOTAL EXPENSES $5,658,764

Year-over-Year Comparison

2024 2023 Change
Revenue $5,280,443 $2,664,896 +1.0%
Expenses $5,658,764 $5,257,128 +0.1%
Net Income $-378,321 $-2,592,232 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
38
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$271,828
Total Directors
12
$271,828
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE S LOCKER CEO 40.00
Officer Director
$260,464 $11,364 $271,828
JOEL T KURTH EXECUTIVE ED 40.00
Highest
$171,270 $31,405 $202,675
WILLIAM EMKOW GROWTH STRAT 40.00
Highest
$168,491 $32,644 $201,135
JOHN BEBOW EXECUTIVE AD 40.00
Highest
$169,090 $0 $169,090
RONNIE L FRENCH SENIOR REPOR 40.00
Highest
$131,107 $34,167 $165,274
REGINA BELL DIRECTOR 1.00
Director
$0 $0 $0
PAULA CUNNINGHAM VICE CHAIR(E 1.00
Officer Director
$0 $0 $0
ROB FOWLER DIRECTOR 1.00
Director
$0 $0 $0
CINDY GOODAKER SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL HILLEGONDS CHAIRMAN 1.00
Officer Director
$0 $0 $0
LOYAL A ELDRIDGE III DIRECTOR 1.00
Director
$0 $0 $0
SARAH WYCOFF MCCAULEY VICE CHAIR(B 1.00
Officer Director
$0 $0 $0
PHILIP POWER DIRECTOR 1.00
Director
$0 $0 $0
GLENDA D PRICE DIRECTOR 1.00
Director
$0 $0 $0
DEVIN SCILLIAN DIRECTOR(BEG 1.00
Director
$0 $0 $0
ROBERT SEESTADT TREASURER(BE 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,280,443 $5,658,764 $12,994,181 $-378,321
2023 $2,664,896 $5,257,128 $13,042,518 $-2,592,232
2023 $2,664,896 $5,257,128 $13,042,518 $-2,592,232
2022 $7,693,331 $5,049,941 $15,627,587 $2,643,390
2021 $11,666,201 $4,605,101 $12,882,699 $7,061,100
2020 $4,069,600 $3,805,679 $6,750,146 $263,921
2019 $2,031,161 $2,725,819 $5,496,919 $-694,658
2018 $1,281,061 $2,580,954 $6,211,954 $-1,299,893
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