Old Tiger Stadium Conservancy
- Assets
- $90.5k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 07/2008
- Data as of
- 12/2016
- EIN
- 71-1015677
Organization Overview
Old Tiger Stadium Conservancy is located in Detroit, MI. The organization was established in 2008. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Tiger Stadium Conservancy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Old Tiger Stadium Conservancy generated $3.1m in total revenue. All expenses for the organization totaled $3.1m during the year ending 12/2016. While expenses have increased by 242.6% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION AND REDEVELOPMENT OF A PUBLIC PARK AND RELATED BUSINESS ACTIVITIES IN THE CORKTOWN NEIGHBORHOOD OF DETROIT, MI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SUPPORT LOCAL BUSINESSES IN CORKTOWN NEIGHBORHOOD OF DETROIT, MI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Gillette Secretary | OfficerTrustee | 2 | $0 |
Michael Kirk Vice Preside | OfficerTrustee | 2 | $0 |
Thomas Linn President | OfficerTrustee | 10 | $0 |
David Mitchell Treasurer | OfficerTrustee | 4 | $0 |
Steve Tobocman Board Member | Trustee | 1 | $0 |
Morris Hood III Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,111,038 |
| All other contributions, gifts, grants, and similar amounts not included above | $882 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,111,920 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,111,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,010,700 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $88,845 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,199 |
| All other expenses | $0 |
| Total functional expenses | $3,102,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,494 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $90,494 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $90,494 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $90,494 |
Grants Awarded
Over the last fiscal year, Old Tiger Stadium Conservancy has awarded $3,010,700 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DETROIT PAL | | | $2,770,309 |
ALPHONSE DE TONTY LLC | | | $100,000 |
VALLETTA LLC | | | $46,250 |
BRICKTOWN DEVELOPMENT GROUP LLC PURPOSE: BUSINESS DEVELOPMENT | $30,000 |
DETROIT ARTIFACTRY LLC PURPOSE: BUSINESS DEVELOPMENT | $30,000 |
OTTAVA VIA | | | $28,198 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Arlington Memorial Gardens Assoc Inc Cincinnati, OH | $20,107,883 | $6,307,939 |
Hudson Library & Historical Society Hudson, OH | $7,551,433 | $4,693,628 |
Old Tiger Stadium Conservancy Detroit, MI | $90,494 | $3,111,920 |
Thomas J Emery Memorial Cincinnati, OH | $34,932,147 | $4,221,495 |