PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Michigan State University Foundation

I Inc
  • East Lansing, MI
  • Tax-exempt since May 1991
  • EIN: 38-6552713

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
−$602k (2023)

Expenses
$0 (2023)

Total Assets
$11M (2023)

Total Liabilities
$11.8M (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$602,196
Expenses
$0
Net Income
-$602,196
Net Assets
-$861,695
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,921
Investment Income $10,849
Bond Proceeds $0
Royalties $0
Rental Property Income -$644,792
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,826
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,985,041
Total Liabilities $11,846,736
Net Assets -$861,695
Compensation
Key Employees and Officers Compensation Related Other
Jeff Smith (Director Of Ucrp) $133,684 $0 $33,693
David Washburn (President) $0 $390,197 $58,630
Randolph Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Rebekah Skrzyniarz (Director Of Finance) $0 $159,456 $34,969
+ View more people

Document Links

990
Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$187,483
Expenses
$0
Net Income
-$187,483
Net Assets
-$259,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $348,954
Program Services $10,000
Investment Income $367
Bond Proceeds $0
Royalties $0
Rental Property Income -$550,318
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,514
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,176,312
Total Liabilities $10,435,811
Net Assets -$259,499
Compensation
Key Employees and Officers Compensation Related Other
Jeff Smith (Director Of Ucrp) $124,504 $0 $33,223
David Washburn (President) $0 $391,066 $56,480
Randolph Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Rebekah Skrzyniarz (Director Of Finance) $0 $146,282 $34,514
+ View more people

Document Links

990
Filed on May 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$159,482
Expenses
$0
Net Income
-$159,482
Net Assets
-$72,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $24,236
Investment Income $95
Bond Proceeds $0
Royalties $0
Rental Property Income -$182,997
Net Fundraising $0
Sales of Assets -$816
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,270,598
Total Liabilities $10,342,614
Net Assets -$72,016
Compensation
Key Employees and Officers Compensation Related Other
Jeff Smith (Director Of Ucrp) $119,005 $0 $35,156
David Washburn (President) $0 $381,744 $54,355
Randolph Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Rebekah Skrzyniarz (Director Of Finance) $0 $129,354 $31,780
+ View more people

Document Links

990
Filed on May 13, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$390,859
Expenses
$0
Net Income
-$390,859
Net Assets
$87,466
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $120,383
Investment Income $2,120
Bond Proceeds $0
Royalties $0
Rental Property Income -$677,559
Net Fundraising $0
Sales of Assets -$114,821
Net Inventory Sales $0
Other Revenue $279,018
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,839,205
Total Liabilities $10,751,739
Net Assets $87,466
Compensation
Key Employees and Officers Compensation Related Other
Jeff Smith (Director Of Ucrp) $120,325 $0 $30,378
David Washburn (President) $0 $402,602 $53,854
Rebekah Skrzyniarz (Director Of Finance) $0 $125,756 $25,853
Randolph Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on May 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$734,456
Expenses
$0
Net Income
$734,456
Net Assets
$478,325
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,421
1.1%
Program Services $0
Investment Income $429
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income -$907,610
Net Fundraising $0
Sales of Assets $1,633,216
> 100%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,105,844
Total Liabilities $2,627,519
Net Assets $478,325
Compensation
Key Employees and Officers Compensation Related Other
David Washburn (President) $0 $376,381 $59,143
Randy Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Rebekah Skrzyniarz (Director Of) $0 $65,444 $17,689
+ View more people

Document Links

990
Filed on July 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,641
Expenses
$0
Net Income
$8,641
Net Assets
$8,423,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,506
> 100%
Program Services $0
Investment Income $3,317
38.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$10,182
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,715,623
Total Liabilities $292,374
Net Assets $8,423,249
Compensation
Key Employees and Officers Compensation Related Other
David Washburn (President) $0 $359,594 $54,528
Randy Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Traci Cannon (Cfo) $0 $183,154 $62,110
+ View more people

Document Links

990
Filed on May 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,263,822
Expenses
$29,534
Net Income
$8,234,288
Net Assets
$8,414,608
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,196,161
99.2%
Program Services $0
Investment Income $4,590
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $63,071
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,814,513
Total Liabilities $399,905
Net Assets $8,414,608
Compensation
Key Employees and Officers Compensation Related Other
David Washburn (President) $0 $341,271 $62,953
Randy Cowen (Board Member) $0 $0 $0
John Phillips (Board Member) $0 $0 $0
Traci Cannon (Cfo) $0 $156,804 $87,296
+ View more people

Document Links

990
Filed on Dec. 7, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$127,542
Expenses
$11,260
Net Income
$116,282
Net Assets
$478,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $127,542
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $478,348
Total Liabilities $22
Net Assets $478,326
Compensation
Key Employees and Officers Compensation Other
David Washburn (President) $0 $0
Randy Cowen (V. President) $0 $0
Joan Garety (Sec/Treas.) $0 $0
Satish Udpa (Ex Officio) $0 $0
+ View more people

Document Links

990-EZ
Filed on Oct. 21, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$126,960
Expenses
$11,546
Net Income
$115,414
Net Assets
$478,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $126,960
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $478,349
Total Liabilities $23
Net Assets $478,326
Compensation
Key Employees and Officers Compensation Other
David Washburn (President) $0 $0
Randy Cowen (V. President) $0 $0
Joan Garety (Sec/Treas.) $0 $0

Document Links

990-EZ
Filed on Nov. 6, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$125,966
Expenses
$11,362
Net Income
$114,604
Net Assets
$478,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $125,966
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $478,344
Total Liabilities $18
Net Assets $478,326
Compensation
Key Employees and Officers Compensation Other
David Washburn (President) $0 $0
Randy Cowen (V. President) $0 $0
Joan Garety (Sec/Treas.) $0 $0

Document Links

990-EZ
Filed on Nov. 14, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$124,783
Expenses
$12,426
Net Income
$112,357
Net Assets
$478,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $124,783
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $478,355
Total Liabilities $29
Net Assets $478,326

Document Links

990-EZ
Filed on Nov. 26, 2013

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$123,214
Expenses
$12,646
Net Income
$110,568
Net Assets
$478,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $123,214
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $478,366
Total Liabilities $40
Net Assets $478,326

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending May
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated