Public Charity

DETROIT BELLE ISLE GRAND PRIX INC

Based in BLOOMFIELD HILLS, MI, DETROIT BELLE ISLE GRAND PRIX INC operates as a Public Charity. The organization reported $21.3M in revenue, $21.4M in expenses, $3.1M in total assets for fiscal year 2024. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $2.8M.

EIN: 205885762 BLOOMFIELD HILLS, MI Community Improvement & Capacity Building N.E.C. NTEE: S99 Latest filing: 2024
Total Revenue$21.3M
Total Expenses$21.4M
Total Assets$3.1M
Grant Records16
Funding Total$2.8M
Filing Years2019–2024

Mission

(1) PROMOTES THE REVITALIZATION OF ECONOMICALLY DEPRESSED AREAS OF THE CITY OF DETROIT BY CONDUCTING MOTOR VEHICLE RACING EVENTS; AND (2) TO RAISE FUNDS FOR THE PRESERVATION AND IMPROVEMENT OF BELLE ISLE PARK.

Where $100 goes at Detroit Belle Isle Grand Prix Inc

How Detroit Belle Isle Grand Prix Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$13 Management running the organization
$3 Fundraising raising the next dollar

Inside the $84 for programs

$80
Promotes the revitalization of economically depressed areas of the city of detroit by conducting motor vehicle racing events
96% of program spending
$4
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…
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER/SECRETARY Cameron Piggott
PRESIDENT Claude Bud Denker
VICE PRESIDENT Eric B Larson
EVENT MANAGER Jamie L Cool
CHAIR Roger Penske

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$682,000 13 grants
Health & Medicine
$100,000 1 grant
Training & Professional Development
$19,000 1 grant
Unspecified
$2,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $21.3M $21.4M $3.1M
2023 $22.8M $22.9M $3.4M
2022 $14.8M $14.8M $4.6M
2020 $1.5M $1.7M $1.3M
2019 $15.7M $15.7M $3.0M

Between 2019 and 2024, reported annual revenue grew from $15.7M to $21.3M (+36%), with total assets most recently reported at $3.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DETROIT BELLE ISLE GRAND PRIX INC

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