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Michigan · Nonprofit

NEW CENTER FOUNDATION

NEW CENTER FOUNDATION (Michigan) receives grants from 2 organizations whose IRS filings report $632,859 to it, the largest being MIDTOWN DETROIT INC ($582,859). 1 of them have funded it in more than one year.

Revenue FY2024
$-24194
Funders on record
2
Grants received
$633k
Net assets
$2.3M
1/2 repeat fundersgrants exceed reported revenue in one year
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.

100 = 20172017 Revenue -1 ($-4579) Expenses 100 ($371k) Net assets 100 ($1.7M)2018 Revenue 100 ($583k) Expenses 29 ($106k) Net assets 131 ($2.2M)2019 Revenue 202 ($1.2M) Expenses 25 ($94k) Net assets 203 ($3.4M)2020 Revenue 3 ($15k) Expenses 55 ($204k) Net assets 186 ($3.1M)2021 Revenue -3 ($-18788) Expenses 55 ($203k) Net assets 168 ($2.8M)2022 Revenue -3 ($-17386) Expenses 55 ($204k) Net assets 155 ($2.6M)2023 Revenue -2 ($-11632) Expenses 43 ($160k) Net assets 192 ($3.2M)2024 Revenue -4 ($-24194) Expenses 53 ($197k) Net assets 139 ($2.3M)
'17'18'19'20'21'22'23'24
Revenue (-4)Expenses (53)Net assets (139)

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
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$375k
’17
$477k
’18
$1.1M
’19
−$189k
’20
−$222k
’21
−$221k
’22
−$172k
’23
−$221k
’24
0.1
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income fell $583k → $50k.

Funder
'18
'19
'20
total
funders
1
1
1

From the IRS filings of NEW CENTER FOUNDATION’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

NEW CENTER FOUNDATION leans on a few funders — its largest provides 92% 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

92%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of NEW CENTER FOUNDATION's grant income comes from Michigan funders.

MI

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

’18
’20
Michigan out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Organizations like NEW CENTER FOUNDATION

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

04Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

44
board members
98%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

0%

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

Footprint & structure

Files a return copy in 1 state

MI

Part of a family of 6 related entities

  • Ag Selden LLC · disregarded
  • Midtown Detroit Inc · exempt
  • University Cultural Center Association · exempt
  • Selden Partners LLC · partnership
  • Selden Partners 2 LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for NEW CENTER FOUNDATION: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW CENTER FOUNDATION?
NEW CENTER FOUNDATION (Michigan) receives grants from 2 organizations whose IRS filings report $632,859 to it, the largest being MIDTOWN DETROIT INC ($582,859). 1 of them have funded it in more than one year.
How many funders does NEW CENTER FOUNDATION have?
IRS filings report 2 organizations giving $632,859 in grants to NEW CENTER FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of NEW CENTER FOUNDATION?
MIDTOWN DETROIT INC is the largest funder on record, with $582,859 in grants. The full list of funders is on this page.
How can an organization like NEW CENTER FOUNDATION 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 New Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 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. What this page cannot tell you · view filing