Finnish Center Association

Tax-deductible

Farmingtn Hls, MI501(c)(3)Arts & CultureEIN 23-7246811Revenue $258K in FY2024

On file with the IRSfinnishcenter.org35200 W 8 Mile Rd, 48335-5108 · Farmingtn Hls, MITax-exempt since Nov 2017Publicly supported — 509(a)(2)

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Promoting the preservation of the Finnish and Finnish-american culture.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 30 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $10K a year · 8% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$9K
to officers and key staff · 5% of spending
Top officer’s pay lower than 93% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$258K
+36% vs prior year
Spent
$209K
To programs
77%
Net assets
$598K
By yearFY2020–FY2024
Revenue
$258K
FY2024▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2020$70K
FY2021$68K
FY2022$105K
FY2023$190K
FY2024$258K
Expenses
$209K
FY2024▲ +61%
Tap a bar for its year
Expenses by fiscal year
FY2020$125K
FY2021$123K
FY2022$157K
FY2023$130K
FY2024$209K
Net assets
$598K
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$595K
FY2021$540K
FY2022$489K
FY2023$549K
FY2024$598K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $160K Management & general 14% · $30K Fundraising 9% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $9K paid to officers and key staff.

Part VII, Section A · reportable compensation
$9,479Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Asst. Treasurer
$0Pt VII · Sec A

Christina Lovgren’s $9K as Treasurer is at the 7th percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Christina Lovgren$9,479$7,005$5,639$5,198

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Finnish Center Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Preserves Finnish and Finnish-American culture through educational programs and community events.

Questions for Finnish Center Association

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Provided by the organization

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1 program · $160K · in their own filed words · FY2024
01

Language classes, weaving, folk dancing, singing, cooking, and drama instruction. Folk dancing, singing and cooking done regularly during the year. Folkdancing, singing and cooking done on a regular basis, cultural holiday celebrations, such as vappu (celebration of spring), juhannus (midsummer), pikkujoulu (xmas) and finnish…

$160Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$258K
Ln 12
Gifts and grantsLn 1h$170K
Fees for servicesLn 2g$53K
Other incomeLn 4–11$35K
Money outPt IX
$209K
Ln 25
Programscol B$160K
Managementcol C$30K
Fundraisingcol D$18K
Owns and owesPt X
$598K
net assets · Ln 32
Cash and savingsLn 1–2$123K
Total assetsLn 16$608K
LiabilitiesLn 26$10K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$170K
Fundraising eventsLn 1c$11K
Fees for servicesLn 2g$53K
Other incomeLn 4–11$35K
Total revenueLn 12$258K
Assets in detailPt X, end of year
CashLn 1$123K
Cash and savings togetherLn 1–2$123K
Land, buildings, equipmentLn 10c$473K
Total assetsLn 16$608K
LiabilitiesLn 26$10K
Net assetsLn 32$598K
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$209K$123K
Land, buildings, equipmentLn 10c$338K$473K
Total assetsLn 16$558K$608K
LiabilitiesLn 26$9K$10K
Net assetsLn 32$549K$598K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$9K$9K
Legal feesLn 11b$80$80
Accounting feesLn 11c$6K$6K
Office expensesLn 13$8K$6K$1K$684
Information technologyLn 14$11K$9K$1K$1K
OccupancyLn 16$65K$50K$6K$8K
Depreciation, depletion and amortizationLn 22$28K$21K$3K$4K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$76K$68K$3K$4K
Total functional expensesLn 25$209K$160K$30K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $258K$209K$49K$598K 990 PDF
FY2023 $190K$130K$60K$549K 990 PDF
FY2022 $105K$157K−$52K$489K 990 PDF
FY2021 $68K$123K−$55K$540K 990 PDF
FY2020 $70K$125K−$55K$595K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $258,337 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $90,311$169,793
I-9 Program service revenuePrior year $46,663$53,401
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $52,725$35,143
I-12 Total revenuePrior year $189,699$258,337
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $7,005$9,479
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $122,724$199,411
I-18 Total expensesPrior year $129,729$208,890
I-19 Revenue less expensesPrior year $59,970$49,447
Part VI · Governance 10 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $258,337 across 9 lines filed
Lines not itemized here account for −$366 of total revenue; see the IRS return.
VIII-1b Membership dues$7,825
VIII-1c Fundraising events$11,468
VIII-1f All other contributions, gifts and grants$150,500
VIII-1h Total contributions, gifts and grants$169,793
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $53,401$53,401
VIII-6 Net rental income or lossUnrelated business $38,615$38,615
VIII-8 Net income from fundraising eventsExcluded from tax −$3,306−$3,306
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $200$200
VIII-12 Total revenueRelated to mission $53,601 · Unrelated business $38,615 · Excluded from tax −$3,672$258,337
Part IX · Statement of functional expenses $208,890 across 9 lines filed
IX-5 Pay of current officers, directors and key staffManagement $9,479$9,479
IX-11b Legal feesManagement $80$80
IX-11c Accounting feesManagement $5,500$5,500
IX-13 Office expensesPrograms $5,819 · Management $1,204 · Fundraising $684$7,707
IX-14 Information technologyPrograms $8,851 · Management $1,150 · Fundraising $1,494$11,495
IX-16 OccupancyPrograms $49,850 · Management $6,475 · Fundraising $8,415$64,740
IX-22 Depreciation, depletion and amortizationPrograms $21,224 · Management $2,756 · Fundraising $3,583$27,563
IX-23 InsurancePrograms $6,698$6,698
IX-24 Other expenses (24a–d)Programs $68,000 · Management $3,317 · Fundraising $4,311$75,628
IX-25 Total functional expensesPrograms $160,442 · Management $29,961 · Fundraising $18,487$208,890
Part X · Balance sheet $608,240 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $209,360$123,427
X-4 Accounts receivableStart of year $863$2,113
X-8 Inventories for sale or useStart of year $9,545$9,767
X-10c Land, buildings and equipment, netStart of year $338,106$472,933
X-16 Total assetsStart of year $557,874$608,240
X-17 Accounts payable and accrued expensesStart of year $9,360$10,279
X-26 Total liabilitiesStart of year $9,360$10,279
X-27 Net assets without donor restrictionsStart of year $488,025$555,400
X-28 Net assets with donor restrictionsStart of year $60,489$42,561
X-32 Total net assets or fund balancesStart of year $548,514$597,961
X-33 Total liabilities and net assetsStart of year $557,874$608,240
Part XI · Reconciliation of net assets $597,961 net assets at year end
XI-1 Total revenue$258,337
XI-2 Total expenses$208,890
XI-3 Revenue less expenses$49,447
XI-4 Net assets at start of year$548,514
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$597,961

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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