Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1991.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
9 people listed on the 990; $235K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Louis Glazer | $233,280 | $235,000 | $217,000 | $166,500 | $150,000 | $162,500 |
| Kristen Rivet | — | — | — | $160,500 | — | — |
| Patrick Cooney | $150,000 | — | — | — | — | — |
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 Michigan Future INC executive salaries →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 15aYes
Programs and updates
Generates new ideas for Michigan's success in the information age.
Questions for Michigan Future INC
Your first name shows with your question. Michigan Future INC answers here, for everyone.
The raising standard of living program is developing a statewide agenda to support the michigan future, inc mission to raise the standard of living for all michigan households.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $725K | $627K |
| Total assetsLn 16 | $1.3M | $1.1M |
| LiabilitiesLn 26 | $25K | $20K |
| Net assetsLn 32 | $1.3M | $1.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $225K | $225K | ||
| Other salaries and wagesLn 7 | $250K | $250K | ||
| Pension plan contributionsLn 8 | $9K | $9K | ||
| Other employee benefitsLn 9 | $31K | $31K | ||
| Payroll taxesLn 10 | $33K | $33K | ||
| Accounting feesLn 11c | $44K | $10K | $34K | |
| Office expensesLn 13 | $574 | $574 | ||
| TravelLn 17 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $124K | $124K | ||
| Total functional expensesLn 25 | $721K | $687K | $34K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Dec 12, 2025 | $813K | $661K | $152K | $1.2M | 990 PDF |
| FY2024 ViewingFiled with the IRS Dec 20, 2024 | $488K | $721K | −$233K | $1.1M | 990 PDF |
| FY2023Filed with the IRS Dec 19, 2023 | $1.2M | $489K | $673K | $1.3M | 990 PDF |
| FY2022Filed with the IRS Feb 28, 2023 | $341K | $522K | −$181K | $642K | 990 PDF |
| FY2021Filed with the IRS Mar 17, 2022 | $758K | $454K | $304K | $823K | 990 PDF |
| FY2020Filed with the IRS Mar 31, 2021 | $520K | $376K | $144K | $519K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $488,065 revenue, 12 lines filed
Part VI · Governance 7 of 9 board members independent, 3 to look at
Part VIII · Statement of revenue $488,065 across 4 lines filed
Part IX · Statement of functional expenses $721,250 across 9 lines filed
Part X · Balance sheet $1,101,763 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,082,134 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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