MICHIGAN BASEBALL FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,096,714
Contributions
53%
Program Services
26%
Other
14%
Fundraising Events
5%
Investments
2%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$3,171,275
Depreciation
49%
Offices, Occupancy & IT
20%
Salaries & Benefits
20%
Other
5%
Grants
4%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,552,559
$1,119,154
-28%
Government Grants
$0
$0
-
Fundraising Events
$84,850
$102,028
+20%
Program Services
$539,372
$553,164
+3%
Membership Dues
$0
$0
-
Investments
$27,205
$34,714
+28%
Other
$354,081
$287,654
-19%
Total Revenues
$2,558,067
$2,096,714
-18%
Expenses
2023
2024
Change
Grants
$87,385
$135,234
+55%
Benefits to Members
$0
$0
-
Salaries & Benefits
$550,022
$626,310
+14%
Fees to Service Providers
$28,554
$63,077
+121%
Advertising & Promotion
$2,241
$2,014
-10%
Offices, Occupancy & IT
$713,983
$632,880
-11%
Interest
$0
$0
-
Depreciation
$1,461,484
$1,552,951
+6%
Other
$153,542
$158,809
+3%
Total Expenses
$2,997,211
$3,171,275
+6%
Net income
2023
2024
Change
Net income
-$439,144
-$1,074,561
-145%
Functional Expenses
Summary
2023
2024
Change
Program
$2,851,769
$2,924,233
+3%
Admin
$138,717
$240,881
+74%
Fundraising
$6,725
$6,161
-8%
Total Expenses
$2,997,211
$3,171,275
+6%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)