Rotary International is located in Ann Arbor, MI. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, Rotary International generated $83.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $84.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO RECEIVE AND ADMINISTER FUNDS FOR EDUCATIONAL AND CHARITABLE PURPOSES, PRIMARILY THROUGH THE ANN ARBOR ROTARY FOUNDATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Waugh Secretary | 8 | $0 | |
Mark Ouimet President | 10 | $0 | |
Mark Foster President El | 8 | $0 | |
Steve Pierce Treasurer, O | 8 | $0 | |
Norman Herbert Treasurer | 8 | $0 | |
Susan Froelich Immed Past P | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,260 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,592 |
| Investment income | $321 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20 |
| Total Revenue | $83,193 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,073 |
| Professional fees and other payments to independent contractors | $13,779 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $959 |
| Other expenses | $23,943 |
| Total expenses | $83,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,103 |
| Other assets | $0 |
| Total assets | $104,829 |
| Total liabilities | $67,580 |
| Net assets or fund balances | $37,249 |