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Michigan · Nonprofit

FRIENDS OF THE ALGER THEATER

FRIENDS OF THE ALGER THEATER (Michigan) receives grants from 4 organizations whose IRS filings report $124,192 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($65,000). 3 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$83k
Funders on record
4
Grants received
$124k
Net assets
$691k
3/4 repeat funderspeak grant-dependency 48%
01What it does

What Friends of the Alger Theater does

Mission

We are an all-volunteer non-profit organization whose mission is to enrich our neighborhoods by ACTIVATING and RESTORING our historic theater to create a welcoming DESTINATION for programs created BY and FOR our neighbors.

As stated on its FY2025 Form 990.

Programs

  1. Provide assistance to residents of Detroit to prevent property tax foreclosure.

    $14,147 spent$72,000 earned by the program
    84% of program spending
  2. Provide assistance to the residents of Detroit to avoid property tax foreclosure.

    $2,721 spent
    16% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $16,868.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($60k) Expenses 100 ($22k) Net assets 100 ($449k)2022 Revenue 113 ($68k) Expenses 90 ($20k) Net assets 111 ($497k)2023 Revenue 129 ($78k) Expenses 200 ($44k) Net assets 118 ($530k)2024 Revenue 355 ($213k) Expenses 470 ($104k) Net assets 142 ($639k)2025 Revenue 138 ($83k) Expenses 140 ($31k) Net assets 154 ($691k)
20212022202320242025
Revenue (138)Expenses (140)Net assets (154)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $530k to $639k (+21%).

$449k
$497k
$530k
$639k
$691k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 15% · 2022 0% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$38k
’21
$48k
’22
$34k
’23
$109k
’24
$52k
’25
35
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20212022202320242025
Listed108554
Joined·+0+0+0+0
No longer listed·2301
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $10k → $36.

Funder
'17
'18
'19
'20
'21
'22
'23
total
funders
1
1
2
3
3
1
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE ALGER THEATER’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE ALGER THEATER leans on a few funders — its largest provides 52% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE ALGER THEATER.

52%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 57% · 2020 71% · 2021 65% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

53% of FRIENDS OF THE ALGER THEATER's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $59k that is directly attributable, 68% of it comes from funders outside Michigan, across 2 states.

MI
NY

In-state vs out-of-state, by year

’19
’20
’21
Michigan out of state home

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like FRIENDS OF THE ALGER THEATER

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

55% of spending goes to programs.

Program 55%Management 45%Fundraising 1%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

39%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE ALGER THEATER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE ALGER THEATER?
FRIENDS OF THE ALGER THEATER (Michigan) receives grants from 4 organizations whose IRS filings report $124,192 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($65,000). 3 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FRIENDS OF THE ALGER THEATER have?
IRS filings report 4 organizations giving $124,192 in grants to FRIENDS OF THE ALGER THEATER, 3 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE ALGER THEATER?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE ALGER THEATER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the Alger Theater →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing