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MICHELSON PHILANTHROPIES INC

MICHELSON PHILANTHROPIES INC

Los Angeles, CA, US
•
501(c)3
•
EIN
87-2298894
•
www.michelsonphilanthropies.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
funder logo

MICHELSON PHILANTHROPIES INC

Los Angeles, CA, US
•
501(c)3
•
EIN
87-2298894
•
www.michelsonphilanthropies.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
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Programs
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Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,224,722

Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$7,027,220

Grants
47%
Salaries & Benefits
25%
Other
12%
Fees to Service Providers
11%
Offices, Occupancy & IT
5%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$6,596,675
$8,222,290
+25%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$2,740
$2,432
-11%
Total Revenues
$6,599,415
$8,224,722
+25%
Expenses
2023
2024
Change
Grants
$913,938
$3,308,580
+262%
Benefits to Members
$0
$0
-
Salaries & Benefits
$986,860
$1,739,733
+76%
Fees to Service Providers
$801,300
$776,284
-3%
Advertising & Promotion
$9,087
$10,195
+12%
Offices, Occupancy & IT
$93,984
$334,170
+256%
Interest
$0
$0
-
Depreciation
$171,519
$0
-100%
Other
$3,676,511
$858,258
-77%
Total Expenses
$6,653,199
$7,027,220
+6%
Net income
2023
2024
Change
Net income
-$53,784
+$1,197,502
-2327%
Income Statement
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