Overview

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Est.

1984

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Ann Arbor SPARK, a nonprofit organization based in Michigan, is dedicated to advancing the economy of the Ann Arbor region by promoting it as an attractive hub for innovation, business growth, and talent. With an operating budget of $10.6 million and total revenue of $12.8 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information about its initiatives and resources can be found on its website, www.annarborusa.com.

Mission Statement

Ann Arbor SPARK will advance the economy of the Ann Arbor region by establishing it as a desired place for innovation, business location and growth, and for talented people to live and work. The Ann Arbor region will be recognized for its academic, business, and community resources, and its collaborative culture.
Revenues
$12.8M
Expenses
$11.3M
Net Income:
+$1.5M
Assets
$19M
Liabilities
$5.6M
Net Assets:
+$13.4M
Operating Budget
$10.6M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$73K
Largest grant received
$140K
P
Paul Krutko
Board Member
P
Paul Roney
Board Member
G
Gregory Dill
Board Member

Frequently Asked Questions

What is Ann Arbor Spark’s budget?
In 2024, Ann Arbor Spark reported an annual operating budget of around $10.6 million. More detailed financial information is available to registered users.
Where does Ann Arbor Spark operate?
Ann Arbor Spark is headquartered in Ann Arbor, MI.
Who funded Ann Arbor Spark recently?
In 2024, Ann Arbor Spark received grants from Ann Arbor Spark Foundation, THIRD SECTOR NEW ENGLAND, INC., and Ann Arbor Spark Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Ann Arbor Spark received in 2024?
The largest grant to Ann Arbor Spark in 2024 exceeds $140 thousand.
What is Ann Arbor Spark’s reliance on government grants?
Ann Arbor Spark relied on government grants for more than 80% of their total revenue in 2024.