NonprofitsDetroit Belle Isle Grand Prix Inc

Community Improvement

Detroit Belle Isle Grand Prix Inc

BLOOMFLD HLS, MI

Total revenue

$21.3M

Total expenses

$21.4M

Net assets

Grants received

$3.0M

18 grants

EIN

205885762

Tax year

2024

Mission

Revitalize the city of detroit and raise funds to preserve and improve belle isle park.

Programs

1 program

Raises funds for the preservation and improvement of belle isle park, which serves as a unique backdrop for a popular racing event and remains for the long-term enjoyment of park visitors. Additional funds raised benefiting various local charities providing services to residents of the city of detroit.

Expenses: $831KGrants: $831K

Financials

FY 2024

Revenue

Contributions & grants$12.2M
Program service revenue$9.1M
Investment income
Other revenue
Total revenue$21.3M

Expenses

Grants paid$831K
Salaries & benefits
Fundraising
Other expenses$20.6M
Total expenses$21.4M
Total assets$3.1M
Net assets

People

5 listed

NameRoleCompensation

ERIC B LARSON

VICE PRESIDENT

Board

1 hrs/wk

CLAUDE BUD DENKER

PRESIDENT

Board

1 hrs/wk

CAMERON PIGGOTT

TREASURER/SECRETARY

Board

1 hrs/wk

ROGER PENSKE

CHAIR

Board

1 hrs/wk

JAMIE L COOL

EVENT MANAGER

Staff

$104K

40 hrs/wk

Independent contractors

INPRODUCTION INC

HOSPITALITY STRUCTURE RENTAL

$3.0M

BK RENTALS AND SALES CO INC

GRANDSTAND RENTAL AND CONSTRUCTION

$838K

UNITED RENTALS

EQUIPMENT RENTAL AND CONSTRUCTION

$533K

FUTURE FENCE

EQUIPMENT RENTAL AND CONSTRUCTION

$511K

IMBRANDED

SIGNAGE AND INSTALLATION

$424K

Grants received

Showing 18 of 18

FromAmountPurposeYear
$200K
COMMUNITY TRANSFORMATION
2024
$100K
MEDICAL / PUBLIC SERVICES
2024
$8K
ORGANIZATIONAL SUPPORT
2024
$6K
GENERAL SUPPORT
2024
$200K
COMMUNITY TRANSFORMATION
2023
$200K
ORGANIZATIONAL SUPPORT
2023
$105K
CHARITABLE DONATION
2023
$19K
MUTUAL & MEMBERSHIP BENEFIT
2023
$55K
CHARITABLE DONATION
2022
$53K
GENERAL SUPPORT
2022
$15K
COMMUNITY TRANSFORMATION
2022
$4K
Program Support
2022
$40K
CHARITABLE DONATION
2021
$3K
Program Support
2021
$3K
PROGRAM SUPPORT
2020
$3K
PROGRAM SUPPORT
2020

Funded by

$3.0M from 9 funders · 18 grants · 2019–2024

Downtown Detroit Partnership Inc

$2M · 1 grant · 2024

Dte Energy Foundation

$415K · 3 grants · 2022–2024

Henry Ford Health System

$208K · 2 grants · 2023–2024

Charities Aid Foundation America

$200K · 3 grants · 2021–2023

Gs Donor Advised Philanthropy Fund

$100K · 1 grant · 2024

The Blackbaud Giving Fund

$59K · 2 grants · 2022–2024

Community Foundation For Southeast

$19K · 1 grant · 2023

Details

EIN205885762
NTEE codeS990
Subsection03
Ruling date2007-08
Formed2006
Employees0
Volunteers1500
DETROIT BELLE ISLE GRAND PRIX INC — Mission, Financials & Grants Received | Grantivo