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Filing year 2024

THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS

Grosse Pointe Farms, Michigan·EIN 04-3843795·NTEE A122 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$3.5M
Total assets
$620k
Total expenses
$3.5M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS reported 3 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3M

Itemized grants

1

Median grant

$3M

RecipientLocationPurposeAmount
DETROIT INTERNATIONAL JAZZ FESTIVAL FOUNDATIONHARPER WOODS, MITO SUPPORT DETROIT INTERNATIONAL JAZZ FESTIVAL$3M
Financial trend

Revenue and expenses over time

THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS reported revenue and expenses across 2 filing years.

RevenueExpenses
$92k
$2.5M
2023
$3.5M
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Michigan

THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Michigan earns a median of $53,321.

25th percentile
$23k
Median
$53,321
75th percentile
$96k
90th percentile
$147k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 382 organizations across 382 filings (2019 – 2024).

See full Arts, Culture & Humanities pay data for Michigan
FAQ

Common questions about THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS

What are THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS's revenue and expenses?

In 2024, THE GRETCHEN C VALADE ENDOWMENT FOR THE ARTS reported $3.5M in total revenue and $3.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.