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AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE
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AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE
Detroit, MI, US
•
501(c)3
•
EIN
46-3793024
•
WWW.LIFT.TECHNOLOGY
AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE
Sign up to claim this org
Detroit, MI, US
•
501(c)3
•
EIN
46-3793024
•
WWW.LIFT.TECHNOLOGY
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$42,468,343
Government Grants
94%
Program Services
5%
Investments
1%
Other
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in
2024
$36,386,868
Other
38%
Salaries & Benefits
32%
Depreciation
13%
Offices, Occupancy & IT
10%
Fees to Service Providers
6%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$100,000
$0
-100%
Government Grants
$40,800,816
$39,718,164
-3%
Fundraising Events
$0
$0
-
Program Services
$2,206,521
$2,031,280
-8%
Membership Dues
$0
$0
-
Investments
$471,631
$590,067
+25%
Other
-$100,380
$128,832
-228%
Total Revenues
$43,478,588
$42,468,343
-2%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,399,654
$11,822,513
+26%
Fees to Service Providers
$1,239,599
$2,040,741
+65%
Advertising & Promotion
$278,206
$129,593
-53%
Offices, Occupancy & IT
$3,733,148
$3,768,143
+1%
Interest
$32,542
$30,284
-7%
Depreciation
$4,124,244
$4,590,114
+11%
Other
$20,020,695
$14,005,480
-30%
Total Expenses
$38,828,088
$36,386,868
-6%
Net income
2023
2024
Change
Net income
+$4,650,500
+$6,081,475
+31%
Functional Expenses
Summary
2023
2024
Change
Program
$31,225,821
$26,804,765
-14%
Admin
$5,442,411
$6,749,813
+24%
Fundraising
$2,159,856
$2,832,290
+31%
Total Expenses
$38,828,088
$36,386,868
-6%
Income Statement