Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Michigan Venture Capital Association is dedicated to fostering a vibrant venture capital community in Michigan, focusing on promoting an entrepreneurial environment and encouraging investments in new and emerging companies. With an operating budget of $458.4K and total revenue of $507.6K for the 2024 filing year, the organization emphasizes education on the benefits of venture capital investing and supports the professional development of its members. For more information, visit www.michiganvca.org.

Mission Statement

THE MISSION OF THE ORGANIZATION IS TO GROW AND SUSTAIN A VIBRANT VENTURE CAPITAL COMMUNITY IN MICHIGAN BY PROMOTING AN ENTREPENURIAL ENVIRONMENT THROUGH ENCOURAGING INVESTMENTS IN NEW AND EMERGING COMPANIES, EDUCATING THE COMMUNITY TO THE BENEFITS OF VENTURE CAPITAL INVESTING AND PROMOTING PROFESSIONAL DEVELOPMENT OF MEMBERS THROUGH RESEARCH AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES.
Revenues
$507.6K
Expenses
$458.4K
Net Income:
+$49.3K
Assets
$1.2M
Liabilities
$222.9K
Net Assets:
+$1M
Operating Budget
$458.4K
Operating Budget by Year

Due Diligence

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Not in Pub 78 list
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Not in Automatic Revocation of Exemption List
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A
Ara Topouzian
Board Member
A
Adrian Fortino
Board Member
K
Kelly Sexton PHD
Board Member

Frequently Asked Questions

What is MICHIGAN VENTURE CAPITAL ASSOCIATIO’s budget?
In 2024, MICHIGAN VENTURE CAPITAL ASSOCIATIO reported an annual operating budget of around $458 thousand. More detailed financial information is available to registered users.
What causes does MICHIGAN VENTURE CAPITAL ASSOCIATIO support?
MICHIGAN VENTURE CAPITAL ASSOCIATIO supports work in Environment.
Where does MICHIGAN VENTURE CAPITAL ASSOCIATIO operate?
MICHIGAN VENTURE CAPITAL ASSOCIATIO is headquartered in Novi, MI.
What is MICHIGAN VENTURE CAPITAL ASSOCIATIO’s reliance on government grants?
MICHIGAN VENTURE CAPITAL ASSOCIATIO relied on government grants for more than 20% of their total revenue in 2024.