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Michigan · Nonprofit

FRIENDS OF THE FELT ESTATE

FRIENDS OF THE FELT ESTATE (Michigan) receives grants from 1 organization whose IRS filings report $400 to it, the largest being EVENTS FOR GOOD ($400). 0 of them have funded it in more than one year.

$636k
Revenue FY2025
1
Funders on record
$400
Grants received
$-298919
Net assets
0/1 repeat funders

Against its field

FRIENDS OF THE FELT ESTATE has grown faster than three-quarters of the 10,664 arts & culture nonprofits its size.

Operating margin−1% · below the median
Months of reserve4.9mo · below the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 10,664 arts & culture nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($153k) Expenses 100 ($144k) Net assets 100 ($23k)2018 Revenue 86 ($131k) Expenses 94 ($135k) Net assets 81 ($18k)2019 Revenue 193 ($295k) Expenses 141 ($203k) Net assets 491 ($111k)2020 Revenue 308 ($473k) Expenses 350 ($503k) Net assets 358 ($81k)2021 Revenue 330 ($507k) Expenses 338 ($485k) Net assets 456 ($103k)2022 Revenue 422 ($648k) Expenses 424 ($608k) Net assets 633 ($143k)2023 Revenue 497 ($763k) Expenses 484 ($695k) Net assets 934 ($211k)2024 Revenue 402 ($617k) Expenses 438 ($629k) Net assets -116 ($-26115)2025 Revenue 414 ($636k) Expenses 447 ($642k) Net assets -1324 ($-298919)
'17'18'19'20'21'22'23'24'25
Revenue (414)Expenses (447)Net assets (-1324)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 31% · 2018 32% · 2019 14% · 2020 9% · 2021 11% · 2022 12% · 2023 6%. Grants only. Government contracts and fees sit inside program revenue.

9% of FRIENDS OF THE FELT ESTATE’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,459 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$10k
17
$4k
18
$93k
19
$30k
20
$22k
21
$40k
22
$68k
23
$12k
24
$6k
25
4.9
months of
reserve
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of FRIENDS OF THE FELT ESTATE’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.

Where its funders are

100% of FRIENDS OF THE FELT ESTATE's grant income comes from Michigan funders.

MI

Funder states come from each funder’s own filing. 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like FRIENDS OF THE FELT ESTATE

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

In Michigan

Nationally

04Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 10%Fundraising 3%

Governance

6
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE FELT ESTATE: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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

Questions and answers

Who funds FRIENDS OF THE FELT ESTATE?
FRIENDS OF THE FELT ESTATE (Michigan) receives grants from 1 organization whose IRS filings report $400 to it, the largest being EVENTS FOR GOOD ($400). 0 of them have funded it in more than one year.
How many funders does FRIENDS OF THE FELT ESTATE have?
IRS filings report 1 organization giving $400 in grants to FRIENDS OF THE FELT ESTATE.
Who is the largest funder of FRIENDS OF THE FELT ESTATE?
EVENTS FOR GOOD is the largest funder on record, with $400 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE FELT ESTATE 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1funders 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 August 27, 2026. What this page cannot tell you · view filing