2024-04-16T14:28:26-04:00 2023-09-30 461335331 ALTRUIC ADVISORS CPAS 417 FOREST AVENUE PLYMOUTH MI 48170 990 2022-10-01 382269013 MICHIGAN THEATER FOUNDATION INC MICH 7346688397 603 EAST LIBERTY ANN ARBOR MI 48104 RUSSELL B COLLINS CEO/SECRETARY 7346688397 2024-03-26 true RUSSELL COLLINS 999009999 false RYAN N HAGAN CPA P00293011 8882985297 2024-03-26 2022 2023-04-26 12:10:37Z RUSSELL B COLLINS 603 E LIBERTY STREET ANN ARBOR MI 48104 4716865 false X WWW.MICHTHEATER.ORG X 1979 MI TO JOYFULLY BRING DIVERSE PEOPLE TOGETHER TO BUILD COMMUNITY, ENHANCE UNDERSTANDING, ADVANCE PUBLIC STORYTELLING AND THE ARTS, AND PROTECT OUR HISTORIC BUILDINGS. 17 16 174 432 38295 35371 3493728 1819758 1718380 2038293 9888 101720 375885 673269 5597881 4633040 0 0 2186967 2518051 0 618910 3258435 3271007 5445402 5789058 152479 -1156018 15897834 15274003 1254119 1786306 14643715 13487697 TO JOYFULLY BRING DIVERSE PEOPLE TOGETHER TO BUILD COMMUNITY, ENHANCE UNDERSTANDING, ADVANCE PUBLIC STORYTELLING AND THE ARTS, AND PROTECT OUR HISTORIC BUILDINGS. false false 3534266 2790274 OPERATION, MAINTENANCE, AND RESTORATION OF THE MICHIGAN THEATER AND THE STATE THEATRE FOR THE BENEFIT OF THE COMMUNITY AND THE ARTS. 3534266 true true false false false false false false false false true false false false true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 34 0 174 true true true false false false true true true true false false false false false false X 17 16 false false false false true true false true true false false false true true true true false true false false MI X X JANICE WARNER 7346688397 603 E LIBERTY STREET ANN ARBOR MI 48104 RUSSELL B COLLINS CEO/SECRETAR 40.00 X X 122099 0 39889 JANICE WARNER FINANCE DIRE 40.00 X 90168 0 4508 DHARMA AKMON DIRECTOR 1.00 X 0 0 0 JAMIE BUHR IMMEDIATE PA 1.00 X 0 0 0 ANNE COOPER DIRECTOR 1.00 X 0 0 0 CHRISTOPHER CONLIN DIRECTOR 1.00 X 0 0 0 RIK CORDERO DIRECTOR 1.00 X 0 0 0 AARON DWORKIN DIRECTOR 1.00 X 0 0 0 PAUL FREEDMAN DIRECTOR 1.00 X 0 0 0 ALAN HARRIS DIRECTOR 1.00 X 0 0 0 RIMA HASSOUNEH DIRECTOR 1.00 X 0 0 0 CHRIS IMWALLE DIRECTOR 1.00 X 0 0 0 BARRY MARGOLIS DIRECTOR 1.00 X 0 0 0 AGNES MOY-SARNS CHAIR 1.00 X X 0 0 0 PETER SCHORK TREASURER 1.00 X X 0 0 0 KATE TRUMBULL DIRECTOR 1.00 X 0 0 0 KAREN UFER DIRECTOR 1.00 X 0 0 0 KATHY WHITE VICE CHAIR 1.00 X X 0 0 0 212267 44397 1 false true false 540527 102521 1176710 2848 1819758 FILM AND EVENT INCOME 512000 2023955 2023955 MEMBERSHIP DUES 512000 14338 14338 2038293 101720 101720 33274 102521 43148 -9874 459628 40677 418951 418951 PATRONAGE REPLACEMENT FEES 225000 225000 ADVERTISING INCOME 711110 38295 38295 MISC INCOME 897 897 264192 4633040 2682244 38295 102617 223408 64827 158581 1777181 687682 687526 401973 33277 15108 17171 998 300759 136586 155320 8853 183426 61265 91277 30884 3788 3788 61131 61131 295608 90377 119785 85446 185584 185584 60647 28233 18865 13549 90348 90348 240338 152355 87983 30802 30802 887 887 699683 629715 41981 27987 52046 48158 3888 FILM AND EVENT EXPENSES 941061 941061 MEMBERSHIP EXPENSES 253268 253268 BANK AND SERVICE CHARGES 112769 78938 33831 REPAIRS AND MAINTENANCE 71517 70419 1098 171530 342 121968 49220 5789058 3534266 1635882 618910 1683029 1027358 3128072 3072491 1158074 1020216 49006 83741 26023 86845 34031 74892 17645056 8097715 9669704 9547341 149895 361119 15897834 15274003 364541 343175 693128 1126288 196450 316843 1254119 1786306 X 13485641 12467481 1158074 1020216 14643715 13487697 15897834 15274003 -1156018 X false true X true false X 2117439 2578998 1766738 3493728 1819758 11776661 4786868 2429124 764043 2142501 2756195 12878731 6904307 5008122 2530781 5636229 4575953 24655392 135541 55390 87378 112450 77426 468185 135541 55390 87378 112450 77426 468185 24187207 55574 72173 13090 11450 101720 254007 55574 72173 13090 11450 101720 254007 48530 13285 36268 98083 6959881 5128825 2543871 5660964 4713941 25007482 0.96720 0.96850 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14084815 5967701 8117114 3444624 2114276 1330348 115617 15738 99879 9547341 LEASE OBLIGATION 316843 316843 4725736 92696 92696 4633040 4633040 5881754 92696 92696 5789058 5789058 SPRING BENEFIT 135795 102521 33274 43148 135795 102521 33274 43148 43148 -9874 X X false false false false false false false false false RUSSELL B COLLINS CEO/SECRETARY 122099 39889 161988 FORM 990, PAGE 6, PART VI, LINE 6 PER ARTICLE III SECTION 2, ANY PERSON WHO DEMONSTRATES AN INTEREST IN THE PURPOSES OF THE CORPORATION AND WHO IS CURRENT IN PAYMENT OF DUES TO THE CORPORATION AS THEY ARE ESTABLISHED FROM TIME TO TIME BY THE BOARD OF TRUSTEES SHALL BE A MEMBER IN GOOD STANDING OF THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 7A PER ARTICLE III SECTION 3, A PERSON, COUPLE, FAMILY, OR ANY OTHER LEGAL ENTITY WHO IS A MEMBER IN GOOD STANDING IS ALLOWED ONE VOTE AT ANY ANNUAL OR SPECIAL MEETING OF MEMBERS. ANY INDIVIDUAL VOTING AS A MEMBER MUST HAVE ATTAINED AT LEAST EIGHTEEN YEARS OF AGE. PER ARTICLE IV SECTION 2, TRUSTEES SHALL NORMALLY BE ELECTED AT THE ANNUAL MEETING OF MEMBERS OF THE CORPORATION BY A MAJORITY VOTE OF THE MEMBERS ATTENDING. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE CEO BASED ON THE YEAR END AUDIT AND OTHER CONTEMPORANEOUS DOCUMENTATION. FORM 990, PAGE 6, PART VI, LINE 12C BOARD AGENDA IS MONITORED BY EXECUTIVE MANAGEMENT TO ENSURE THAT ANY POTENTIAL BOARD CONFLICT OF INTEREST WITH REGARD TO AGENDA ITEMS AND VOTES ARE DISCLOSED DURING THE BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A USE OF COMPARABILITY DATA IS DOCUMENTED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE BOARD. OFFICER COMPENSATION WAS REVIEWED IN THE FALL OF 2019 AND THE PROCESS WAS MOST RECENTLY PERFORMED IN SPRING OF 2020 BY THE HR FIRM. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, EITHER IN PERSON OR BY ANY OTHER METHOD OF COMMUNICATION. FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE.