Overview

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Est.

2006

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Detroit Belle Isle Grand Prix Inc is a nonprofit organization focused on community and economic development in Detroit, Michigan. With an operating budget of $20.6 million and total revenue of $21.3 million for the 2024 filing year, the organization aims to revitalize the city and raise funds to preserve and improve Belle Isle Park. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives. For more information, visit www.detroitgp.com.

Mission Statement

REVITALIZE THE CITY OF DETROIT AND RAISE FUNDS TO PRESERVE AND IMPROVE BELLE ISLE PARK.
Revenues
$21.3M
Expenses
$21.4M
Net Income:
-$75.5K
Assets
$3.1M
Liabilities
$4.8M
Net Assets:
-$1.8M
Operating Budget
$20.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$100K
Largest grant received
$2M
E
Eric B Larson
Board Member
C
Claude Bud Denker
Board Member
C
Cameron Piggott
Board Member

Frequently Asked Questions

What is DETROIT BELLE ISLE GRAND PRIX INC’s budget?
In 2024, DETROIT BELLE ISLE GRAND PRIX INC reported an annual operating budget of around $20.6 million. More detailed financial information is available to registered users.
What causes does DETROIT BELLE ISLE GRAND PRIX INC support?
DETROIT BELLE ISLE GRAND PRIX INC supports work in Community and economic development and Community improvement.
Where does DETROIT BELLE ISLE GRAND PRIX INC operate?
DETROIT BELLE ISLE GRAND PRIX INC is headquartered in Bloomfield Hills, MI.
Who funded DETROIT BELLE ISLE GRAND PRIX INC recently?
In 2025, DETROIT BELLE ISLE GRAND PRIX INC received grants from CHARITIES AID FOUNDATION AMERICA, DOWNTOWN DETROIT PARTNERSHIP INC, and DTE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DETROIT BELLE ISLE GRAND PRIX INC received in 2024?
The largest grant to DETROIT BELLE ISLE GRAND PRIX INC in 2024 exceeds $2 million.
What is DETROIT BELLE ISLE GRAND PRIX INC’s reliance on government grants?
DETROIT BELLE ISLE GRAND PRIX INC relied on government grants for more than 5% of their total revenue in 2024.