MICHIGANS THANKSGIVING PARADE FOUNDATION

DETROIT, MI, 48211-0000 (313) 923-7400 Est. 1983 EIN 38-2460378
A110— Arts, Culture & Humanities Form 990 501(c)(3)
WWW.THEPARADE.ORG

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SPONSORING AND COORDINATING A PARADE AND OTHER CIVIC FESTIVALS WITHIN THE CITY OF DETROIT FOR THE BENEFIT, EDUCATION, AND ENJOYMENT OF THE RESIDENTS OF THE STATE OF MICHIGAN, AS WELL AS BY PUBLICIZING ITS PROGRAM AND DISSEMINATING INFORMATION CONCERNING THE ATTRIBUTES OF THE METROPOLITAN DETROIT AREA AND THE STATE OF MICHIGAN IN ORDER TO COMBAT COMMUNITY DETERIORATION, RELIEVE THE BURDENS OF GOVERNMENT, AND LESSEN NEIGHBORHOOD TENSIONS

Giving Portfolio

Total Grants
1
Total Giving
$1.4M
Recipients
1
Years Active
2022
Avg grant: $1,442,638 Median: $1,442,638

Sectors Funded

Recreation & Sports
1

Top States

Michigan
1

Grantee Size Profile

$5M - $10M
1

Top Grantees

Grants Awarded · 1 grants

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Financials

Total Revenue
$2,909,233
Total Expenses
$3,184,536
Net Assets
$8,541,846
44 employees 2,000 volunteers
From latest filing (tax period ending 2025-01-31)

Financial Health

Operating Reserve
2.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 4.0%
Expenses ↑ 9.9%
Revenue Sources
Contributions 94.3% Investment 5.7%
Expense Breakdown
Program 50.0% Management 50.0%

Officers & Trustees (17)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$2,909,233 $3,184,536$8,541,846
2023 Form 990$2,798,543 $2,897,801$8,663,025
2022 Form 990$3,180,846 $4,432,184$8,716,734
2020 Form 990$3,776,190 $2,618,217$9,711,850
2019 Form 990$3,538,446 $2,683,752$8,540,241
2018 Form 990$3,732,174 $2,750,486$7,674,136

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EIN: 38-2460378 · Source: IRS Form 990 e-file data