Ann Arbor Summer Festival Inc

EIN: 382307397 501(c)(3) Arts, Culture & Humanities

Ann Arbor, MI

Total Revenue
$1,098,072
Total Expenses
$1,197,273
Total Assets
$744,704
Net Assets
$670,004
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
MI
Principal Officer
Michael Michelon
Phone
7349945999
Tax Period
2024-10-01 to 2025-09-30

Ann Arbor Summer Festival Inc, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

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

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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 $954,522
Program Service Revenue $0
Investment Income $11,850
Other Revenue $131,700
TOTAL REVENUE $1,098,072

Expense Breakdown

Grants Paid $0
Salaries & Benefits $500,019
Fundraising Expenses $121,191
Program Expenses $835,022
Other Expenses $697,254
TOTAL EXPENSES $1,197,273

Year-over-Year Comparison

2024 2023 Change
Revenue $1,098,072 $1,181,821 -0.1%
Expenses $1,197,273 $1,363,479 -0.1%
Net Income $-99,201 $-181,658 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
121
Volunteers
156

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
$106,521
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Louise Chang Trustee 1.00
Director
$0 $0 $0
Mark Clague Trustee 1.00
Director
$0 $0 $0
Dr Charles Ellis Imm. Past Chair 1.00
Officer Director
$0 $0 $0
Greg Dill Trustee 1.00
Director
$0 $0 $0
Joseph Fazio Trustee 1.00
Director
$0 $0 $0
Dr Lynette Findley Chair 1.00
Officer Director
$0 $0 $0
Lauren Hamerink Vice Chair 1.00
Officer Director
$0 $0 $0
Melissa Hauptman Trustee 1.00
Director
$0 $0 $0
Eric Helber Treasurer 1.00
Officer Director
$0 $0 $0
Elph Morgan Trustee - Secretary 1.00
Officer Director
$0 $0 $0
Miriam Perry Trustee 1.00
Director
$0 $0 $0
Kit Wanty-Lambert Trustee 1.00
Director
$0 $0 $0
Stella Wixom Trustee 1.00
Director
$0 $0 $0
Jon Kinsey Trustee - Ex Officio 1.00
Director
$0 $0 $0
Chris Taylor Trustee - Ex Officio 1.00
Director
$0 $0 $0
Ken Nisbet Trustee 1.00
Director
$0 $0 $0
Vinal Desai Burbeck Trustee 1.00
Director
$0 $0 $0
Michael Michelon Executive Director 50.00
Officer
$101,161 $5,360 $106,521
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
2025 $1,098,072 $1,197,273 $744,704 $-99,201
2024 No data No data No data No data
2023 $1,977,604 $1,621,019 $852,231 $356,585
2022 $1,134,323 $1,272,053 $479,146 $-137,730
2021 $879,032 $687,543 $735,387 $191,489
2020 $586,182 $508,570 $566,596 $77,612
2019 $1,184,134 $1,306,834 $380,839 $-122,700
2018 $1,217,386 $1,277,000 $472,964 $-59,614
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