Skip to main content

Nonprofit · EIN 38-2684772

THE PARADE COMPANY

Tax-exempt · DETROIT, MI 48211

Financials

$5.7M$3.9M2023$6.5M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of THE PARADE COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
January 31, 2025990$6,525,617$4,610,457$1,915,160$9,805,289$272,330$9,532,959
January 31, 2024990$5,658,340$3,864,343$1,793,997$7,706,726$88,927$7,617,799
Financial details: 990 for the year ended January 31, 2025

Revenue

Contributions, gifts and grants
$7,374,048
Program service revenue
$0
Investment income
$17,758
Net rental income
$133,141
Net income from fundraising events
-$1,254,921
Net income from sales of inventory
-$27,583
Other revenue
-$866,189

Expenses

Grants and similar amounts paid
$1,027,137
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$150,400
Legal fees
$35,900
Occupancy
$146,443
Travel
$26,685
Depreciation
$246,180
Program services (functional)
$1,815,850
Management and general (functional)
$630,710
Fundraising (functional)
$2,163,897

Balance sheet and other

Total assets, start of year
$7,706,726
Total assets, end of year
$9,805,289
Total liabilities, end of year
$272,330
Net assets, end of year
$9,532,959
Land, buildings and equipment
$2,346,500
Publicly traded securities
$6,033,478
Net assets without donor restrictions
$6,582,215
Net assets with donor restrictions
$2,950,744
Gross receipts
$7,941,094
Employees
0
Volunteers
2,000
Year formed
1986
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended January 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
ANTHONY T MICHAELSPRESIDENT AND C.E.O.
Trustee or director, Officer
5$0$811,888
JESSICA KAMINSKASCHIEF OPERATING OFFICER
Officer
5$0$228,240
SHAMBHAVI SRIHARSHAVICE-PRES., HUMAN RES. AND FINANCE
Officer
5$0$120,713
ROBERT G RINEYCHAIR
Trustee or director, Officer
1$0$0
DANIEL J LOEPPIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
MATTHEW J HOWELLTREASURER
Trustee or director, Officer
1$0$0
ROD ALBERTSDIRECTOR
Trustee or director
1$0$0
VAN CONWAYDIRECTOR
Trustee or director
1$0$0
MATTHEW P CULLENDIRECTOR
Trustee or director
1$0$0
BUD DENKERDIRECTOR
Trustee or director
1$0$0
DEBORAH I DINGELLDIRECTOR
Trustee or director
1$0$0
LINDA FORTEDIRECTOR
Trustee or director
1$0$0
ERIC LARSONDIRECTOR
Trustee or director
1$0$0
RYAN MAIBACHDIRECTOR
Trustee or director
1$0$0
SEAN MORANDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
SANDRA E PIERCEDIRECTOR
Trustee or director
1$0
MATTHEW J SIMONCINIDIRECTOR
Trustee or director
1$0
990 for the year ended January 31, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgs
ANTHONY T MICHAELSPRESIDENT AND C.E.O.
Officer
5$0$762,292
JESSICA KAMINSKASCHIEF OPERATING OFFICER
Officer
5$0$214,892
SHAMBHAVI SRIHARSHAVICE-PRES., HUMAN RES. AND FINANCE
Officer
5$0$107,482
ROBERT G RINEYCHAIR
Trustee or director, Officer
1$0$0
DANIEL J LOEPPVICE-CHAIR
Trustee or director, Officer
1$0$0
MATTHEW J HOWELLTREASURER
Trustee or director, Officer
1$0$0
ROD ALBERTSDIRECTOR
Trustee or director
1$0$0
VAN CONWAYDIRECTOR
Trustee or director
1$0$0
MATTHEW P CULLENDIRECTOR
Trustee or director
1$0$0
BUD DENKERDIRECTOR
Trustee or director
1$0$0
DEBORAH I DINGELLDIRECTOR
Trustee or director
1$0$0
LINDA FORTEDIRECTOR
Trustee or director
1$0$0
ERIC LARSONDIRECTOR
Trustee or director
1$0$0
RYAN MAIBACHDIRECTOR
Trustee or director
1$0$0
SEAN MORANDIRECTOR
Trustee or director
1$0$0
SANDRA E PIERCEDIRECTOR
Trustee or director
1$0$0
MATTHEW J SIMONCINIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
9500 MT ELLIOTT A, DETROIT, MI 48211-1673
Principal officer (990 for 2024)
ANTHONY MICHAELS, 9500 MT ELLIOTT A, DETROIT, MI 482111673
Signed the 990
ANTHONY MICHAELS, PRESIDENT AND C.E.O.
Phone
(313) 923-7400
Return prepared by
GJC CPA'S & ADVISORS

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SPONSORING AND COORDINATING A PARADE AND OTHER CIVIC FESTIVALS WITHIN THE CITY OF DETROIT FOR THE BENEFIT, EDUCATION, AND ENJOYMENT OF THE RESIDENTS OF THE STATE OF MICHIGAN, AS WELL AS BY PUBLICIZING ITS PROGRAM AND DISSEMINATING INFORMATION CONCERNING THE ATTRIBUTES OF THE METROPOLITAN DETROIT AREA AND THE STATE OF MICHIGAN IN ORDER TO COMBAT COMMUNITY DETERIORATION, RELIEVE THE BURDENS OF GOVERNMENT, AND LESSEN NEIGHBORHOOD TENSIONS.

990 for the year ended January 31, 2025

Program accomplishments

  • AMERICA'S THANKSGIVING PARADE BRINGS A SPARK OF MAGIC AND BRINGS PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO ENJOY ONE OF DETROIT'S LARGEST AND FREE EVENTS WHERE, FOR ONE SPECIAL MOMENT, FAMILIES CAN BE ENTERTAINED, SHARE A TRADITION, AND CREATE A MEMORY. THE PARADE COMPANY ALSO HELD A FOOD DRIVE TO HELP THOSE IN NEED IN THE COMMUNITY DURING THIS EVENT.
    Expenses $1,815,850 · grants $1,027,137

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025January 31, 2026June 15, 2026Not on file
2024January 31, 2025June 16, 2025990 on file
2023January 31, 2024June 17, 2024990 on file

IRS record

EIN
38-2684772
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1986
Accounting year ends
January
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,805,289
Income (IRS master file)
$7,941,094

Filing history

FormYear endedRevenueExpensesAssetsReturn
990January 2025$6,525,617$4,610,457$9,805,289XML
990January 2024$5,658,340$3,864,343$7,706,726XML
990January 2023$6,315,900$3,251,174$6,141,546IRS
990January 2022–––IRS
990January 2021–––IRS
990January 2020–––IRS
990January 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2684772).

Questions about THE PARADE COMPANY

What is the EIN of THE PARADE COMPANY?
The employer identification number (EIN) of THE PARADE COMPANY is 38-2684772.
Is THE PARADE COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to THE PARADE COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE PARADE COMPANY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE PARADE COMPANY due?
The return for tax year 2025 (the year ending January 31, 2026) is due June 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE PARADE COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended January 2025.
Who is the principal officer of THE PARADE COMPANY?
The 990 for the year ended January 31, 2025 names ANTHONY MICHAELS.
Who are the officers and directors of THE PARADE COMPANY?
The 990 for the year ended January 31, 2025 lists 17 people; 0 received compensation from the organization.
How much revenue does THE PARADE COMPANY have?
On its 990 for the year ended January 31, 2025 it reported revenue of $6,525,617, expenses of $4,610,457 and total assets of $9,805,289 at year end.

Other nonprofits in DETROIT

All nonprofits in DETROIT · Michigan · Recreation and sports