Michigan · Nonprofit
PENNY SEATS INC
PENNY SEATS INC (Michigan) receives grants from 1 organization whose IRS filings report $1,250 to it, the largest being LAYBEL FAMILY FOUNDATION ($1,250). 1 of them have funded it in more than one year.
- Revenue FY2025
- $53k
- Funders on record
- 1
- Grants received
- $1k
- Net assets
- $-15862
What Penny Seats Inc does
Mission
To enrich and engage the community by creating excellent accessible equitable professional theatre while offering a creative outlet for theatre artists working in Michigan To receive and administer funds and to operate exclusively for charitable scientific literary or educational purposes within the meaning of Section 501c3 of the Internal Revenue Code of 1986 or comparable provisions of subsequent legislation the Code and to give funds and property from time to time to other organizations to be used for held for use directly in carrying out one or more such purposes To acquire own dispose of and deal with real and personal property and interests therein and to apply gifts grants bequests and devises and the proceeds thereof in furtherance of the purposes of the corporation and do such things and to perform such acts to accomplish its purposes as the Board of Directors may determine to be appropriate and as are not forbidden by Section 501c3 of the Code
As stated on its FY2025 Form 990-EZ.
Program
0
The program described on its FY2025 Form 990-EZ. Program spending in total: $0.
Leadership and staff
Chief executive
Lauren London
Executive Director
Board chair
Keith Hood
Board Chair
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2017 → 2018: the base held at 1 funder, grant income rose $500 → $750.
From the IRS filings of PENNY SEATS INC’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 PENNY SEATS INC's grant income comes from Michigan funders.
In-state vs out-of-state, by year
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.
Against its field
PENNY SEATS INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025
Organizations like PENNY SEATS INC
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
Read directly from this organization’s own Form 990, as neutral context.
Public support
70%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PENNY SEATS INC: 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.
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 PENNY SEATS INC?
- PENNY SEATS INC (Michigan) receives grants from 1 organization whose IRS filings report $1,250 to it, the largest being LAYBEL FAMILY FOUNDATION ($1,250). 1 of them have funded it in more than one year.
- How many funders does PENNY SEATS INC have?
- IRS filings report 1 organization giving $1,250 in grants to PENNY SEATS INC, 1 of which have funded it in more than one year.
- Who is the largest funder of PENNY SEATS INC?
- LAYBEL FAMILY FOUNDATION is the largest funder on record, with $1,250 in grants. The full list of funders is on this page.
- How can an organization like PENNY SEATS INC 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 Penny Seats →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2025–2025), and the filings of 1 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