MIDTOWN DETROIT INC

DETROIT, MI, 48201-2506 (313) 420-6000 Est. 1976 EIN 45-4582324
S31— Community Improvement Form 990 501(c)(3)
WWW.MIDTOWNDETROITINC.ORG

Mission

A NON-PROFIT ORGANIZATION DEDICATED TO REDEVELOP, REVITALIZE AND RENEW THE MIDTOWN DISTRICT OF DETROIT AS A STRONG URBAN COMMUNITY

Giving Portfolio

Total Grants
2
Total Giving
$1.6M
Recipients
2
Years Active
2018 - 2019
Avg grant: $818,726 Median: $818,726

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20191$1.1M $1.1M01
20181$583K $583K10

Top States

Michigan
2

Grantee Size Profile

Under $100K
2

Top Grantees

NEW CENTER FOUNDATION
MI - 2 grants
$1.6M

Financials

Total Revenue
$5,388,519
Total Expenses
$5,259,824
Net Assets
$9,737,881
7 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
22.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 37.9%
Expenses ↓ 11.5%
Revenue Sources
Contributions 80.0% Earned revenue 11.3% Investment 4.0% Other 5.0%
Expense Breakdown
Program 42.9% Management 57.1%

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EIN: 45-4582324 · Source: IRS Form 990 e-file data