Logo for "MACKINAC ISLAND COMMUNITY FOUNDATION"

MACKINAC ISLAND COMMUNITY FOUNDATION

MACKINAC ISLAND COMMUNITY FOUNDATION

Mackinac Island, MI, US
501(c)3
EIN
38-3179612
DAF Sponsor
Community Foundation
Regional Funder
Logo for "MACKINAC ISLAND COMMUNITY FOUNDATION"

MACKINAC ISLAND COMMUNITY FOUNDATION

Mackinac Island, MI, US
501(c)3
EIN
38-3179612
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,853,715

Contributions
76%
Other
15%
Investments
9%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,404,260

Grants
69%
Fees to Service Providers
15%
Salaries & Benefits
10%
Other
5%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$579,436
$2,927,962
+405%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$4,548
$5,095
+12%
Membership Dues
$0
$0
-
Investments
$315,918
$343,548
+9%
Other
$1,066,154
$577,110
-46%
Total Revenues
$1,966,056
$3,853,715
+96%
Expenses
2023
2024
Change
Grants
$707,162
$972,539
+38%
Benefits to Members
$0
$0
-
Salaries & Benefits
$125,242
$133,529
+7%
Fees to Service Providers
$135,392
$213,063
+57%
Advertising & Promotion
$12,235
$5,354
-56%
Offices, Occupancy & IT
$13,812
$11,904
-14%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$35,565
$67,871
+91%
Total Expenses
$1,029,408
$1,404,260
+36%
Net income
2023
2024
Change
Net income
+$936,648
+$2,449,455
+162%
Functional Expenses
Summary
2023
2024
Change
Program
$765,036
$1,056,300
+38%
Admin
$259,209
$341,911
+32%
Fundraising
$5,163
$6,049
+17%
Total Expenses
$1,029,408
$1,404,260
+36%
Income Statement
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