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Detroit Belle Isle Grand Prix
Detroit Belle Isle Grand Prix reported $21.3 million in revenue and $21.4 million in expenses for calendar year 2024. Of every $100 it spent, $91.26 went to program services, $8.74 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 57.2% of the total. Government grants made up 9.4%. The highest compensation it reported for one person was $518,863 (VICE PRESIDENT). 1 person received more than $100,000 in reportable compensation. Revenue rose 36% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.3% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.7% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 57.2% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 9.4% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 42.8% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $518,863 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.43% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 1 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -1.0 | 9.2 |
| Independent voting board members Part VI 1a–1b | 3 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expensePromotes the revitalization of economically depressed areas of the city of detroit by conducting motor vehicle racing events
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE PRESIDENT Director/trustee, officer, 1.00 hrs/week | $0 | $497,620 | $21,243 | $518,863 |
| EVENT MANAGER Highest compensated employee, 40.00 hrs/week | $103,952 | $0 | $0 | $103,952 |
1 people received more than $100,000 in reportable compensation from Detroit Belle Isle Grand Prix (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 61,500
Private foundation grants it received
1 private foundation reported grants to Detroit Belle Isle Grand Prix totaling $200K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Detroit Belle Isle Grand Prix's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Detroit Belle Isle Grand Prix, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Detroit Belle Isle Grand Prix spent in 2024, $91.26 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Campus Partners for Community Urban RedevelopmentColumbus, OH · revenue $21M · programs 97.9% · FY2025
- Tallatoona Community Action PartnershipCartersville, GA · revenue $21M · programs 93.3% · FY2025
- Friends of Seattle WaterfrontSeattle, WA · revenue $21M · programs 91.7% · 2024
- AvanceSan Antonio, TX · revenue $21M · programs 76.7% · FY2025
- Choose New JerseyNewark, NJ · revenue $21M · programs 88.2% · 2024
All community improvement & capacity building charities · Largest charities in Michigan
Questions people ask
How much of Detroit Belle Isle Grand Prix's spending goes to programs?
In calendar year 2024, Detroit Belle Isle Grand Prix reported that 91.3% of its $21.4 million in expenses went to program services, 8.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Detroit Belle Isle Grand Prix pay its top executive?
The largest total compensation Detroit Belle Isle Grand Prix reported for one person in calendar year 2024 was $518,863, for the role of VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Detroit Belle Isle Grand Prix get its money?
Of $21.3 million in revenue in calendar year 2024, 57.2% came from contributions and grants (including 9.4% from government grants) and 42.8% from program service revenue (Form 990, Part VIII).
Is Detroit Belle Isle Grand Prix a registered charity?
The IRS lists EIN 20-5885762 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533219349328603 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349325289 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349329291 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349309843 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349300013 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043049349302159 · read the filing
All filings for EIN 20-5885762: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.