Nonprofit · EIN 92-0248783
INSTITUTE OF PUBLIC SCHOLARSHIP
Tax-exempt · KALAMAZOO, MI 49001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,451,574 | $1,144,814 | $306,760 | $366,371 | $0 | $366,371 |
| December 31, 2023 | 990 | $289,605 | $229,994 | $59,611 | $59,611 | $0 | $59,611 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,414,938
- Program service revenue
- $0
- Investment income
- $36,636
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $148,000
- Other salaries and wages
- $675,000
- Salaries, compensation and benefits (total)
- $823,000
- Professional fundraising fees
- $0
- Legal fees
- $10,000
- Accounting fees
- $40,000
- Occupancy
- $48,664
- Travel
- $5,799
- Program services (functional)
- $817,771
- Management and general (functional)
- $277,203
- Fundraising (functional)
- $49,840
Balance sheet and other
- Total assets, start of year
- $59,611
- Total assets, end of year
- $366,371
- Total liabilities, end of year
- $0
- Net assets, end of year
- $366,371
- Net assets without donor restrictions
- $366,371
- Gross receipts
- $1,451,574
- Employees
- 0
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Michelle S Johnson | President & CEO Officer | 40 | $75,000 |
| Denise Miller | Treasurer Officer | 20 | $24,000 |
| Jennifer Mills | Secretary Officer | 40 | $24,000 |
| Erin Binney Girdler | Trustee Trustee or director | 20 | $22,900 |
| William Edmondson | Trustee Trustee or director | 2 | $2,500 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Binney Girdler | Trustee Trustee or director | 2 | $0 |
| William Edmondson | Trustee Trustee or director | 2 | $0 |
| Dr Michelle S Johnson | President & CEO Officer | 40 | $0 |
| Denise Miller | Treasurer Officer | 20 | $0 |
| Jennifer Mills | Secretary Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 925 CAMBRIDGE DR, KALAMAZOO, MI 49001-4401
- Principal officer (990 for 2024)
- Dr Michelle Johnson
- Signed the 990
- Dr Michelle Johnson, President & CEO
- Phone
- (269) 873-6828
- Return prepared by
- Craig S Owens Accounting
Mission
Design, develop, implement and promote programs and services to promote, advance and celebrate the arts and culturally-unique experiences, To encourage meaningful and expressive public engagement thereof.
Program accomplishments
- The following programs supported our mission in 2024: Artist Production Fellowship-Art of Fact-Air Quality Project-Environmental Impact Project-Health and Wellness workshops-Youth Development Program-Ampersee Garden ProjectExpenses $817,771
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0248783
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $366,371
- Income (IRS master file)
- $1,451,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,451,574 | $1,144,814 | $366,371 | XML |
| 990 | December 2023 | $289,605 | $229,994 | $59,611 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0248783).
Questions about INSTITUTE OF PUBLIC SCHOLARSHIP
- What is the EIN of INSTITUTE OF PUBLIC SCHOLARSHIP?
- The employer identification number (EIN) of INSTITUTE OF PUBLIC SCHOLARSHIP is 92-0248783.
- Is INSTITUTE OF PUBLIC SCHOLARSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to INSTITUTE OF PUBLIC SCHOLARSHIP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INSTITUTE OF PUBLIC SCHOLARSHIP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE OF PUBLIC SCHOLARSHIP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE OF PUBLIC SCHOLARSHIP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of INSTITUTE OF PUBLIC SCHOLARSHIP?
- The 990 for the year ended December 31, 2024 names Dr Michelle Johnson.
- Who are the officers and directors of INSTITUTE OF PUBLIC SCHOLARSHIP?
- The 990 for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $75,000 (Dr Michelle S Johnson, President & CEO).
- How much revenue does INSTITUTE OF PUBLIC SCHOLARSHIP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,451,574, expenses of $1,144,814 and total assets of $366,371 at year end.
Other nonprofits in KALAMAZOO
- LARRY J BELL LIBRARY FOUNDATION EIN 87-1650953 · last filed 990-PF for 2024
- KALAMAZOO INSTITUTE OF ARTS EIN 38-1617060 · last filed 990 for 2025
- IRVING S GILMORE INTERNATIONAL KEYBOARD FESTIVAL EIN 38-2868071 · last filed 990 for 2025
- KALAMAZOO SYMPHONY ORCHESTRA EIN 38-6005710 · last filed 990 for 2025
- ROOTEAD ENRICHMENT CENTER EIN 47-1161414 · last filed 990 for 2025
- FARMERS ALLEY THEATRE INC EIN 26-2692394 · last filed 990 for 2025
- KALAMAZOO ARTS COUNCIL INC EIN 38-6121183 · last filed 990 for 2025
- PUBLIC MEDIA NETWORK EIN 38-2564383 · last filed 990 for 2025
All nonprofits in KALAMAZOO · Michigan · Arts, culture and humanities