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Michigan · Nonprofit

WASSERMAN PROJECTS FUND

WASSERMAN PROJECTS FUND (Michigan) receives grants from 4 organizations whose IRS filings report $71,600 to it, the largest being THE MIAMI FOUNDATION INC ($65,000). 1 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$100k
Funders on record
4
Grants received
$72k
Net assets
$92k
1/4 repeat funders
01What it does

What Wasserman Projects Fund does

Mission

Wasserman Projects Fund helps artists bring to fruition and share new projects with our visitors that inspire discourse on art and issues that are particularly active and timely in detroit. Working collaboratively to present meaningful visual and performing arts experiences while encouraging creative and economic growth in our community.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Organization of exhibition program for contemporary visual artists. Supported midcareer and established artists in the production and presentation of new work. There were 4 exhibitions held in 2024 with over 100 artists exhibtited and 2,000 visitors.

    $61,128 spentof which $18,200 as grants
    70% of program spending
  2. Organization of performing arts program presented in conversation with exhibitions. Supported performing artists by hosting concerts and events. There were 10 events held in 2024 with over 24 participating artists and 500 attendees.

    $12,330 spentof which $6,350 as grants
    14% of program spending
  3. Organization of professional development program for local creatives. Supported emerging artists by providing mentorship, networking, and practical experiences. There were 12 creatives served with several went on to starting their own independent businesses.

    $13,812 spent
    16% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $87,270.

02The organization over time

Leadership and staff

Chief executive

Gary L Wasserman

Chairman and CEO

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

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

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% 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 WASSERMAN PROJECTS FUND’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

WASSERMAN PROJECTS FUND leans on a few funders — its largest provides 91% of grant income and the top three 99%; half comes from just 1 funder.

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

91% 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 WASSERMAN PROJECTS FUND.

91%
largest funder
99%
top three
~1
effective funders

“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

91% of WASSERMAN PROJECTS FUND'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 $7k that is directly attributable, 100% of it comes from Michigan funders.

MI

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 1 state 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

Against its field

WASSERMAN PROJECTS FUND receives grants from 4 organizations whose IRS filings report $72k to it.

Operating margin−18% · below the median

this organization peer median middle 50% of peers· 14,575 arts & culture nonprofits under $100k, FY2024

Organizations like WASSERMAN PROJECTS FUND

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.

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for WASSERMAN PROJECTS FUND: 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 WASSERMAN PROJECTS FUND?
WASSERMAN PROJECTS FUND (Michigan) receives grants from 4 organizations whose IRS filings report $71,600 to it, the largest being THE MIAMI FOUNDATION INC ($65,000). 1 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WASSERMAN PROJECTS FUND have?
IRS filings report 4 organizations giving $71,600 in grants to WASSERMAN PROJECTS FUND, 1 of which have funded it in more than one year.
Who is the largest funder of WASSERMAN PROJECTS FUND?
THE MIAMI FOUNDATION INC 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 WASSERMAN PROJECTS FUND 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 Wasserman Projects →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2024–2024), 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 22, 2026. What this page cannot tell you · view filing