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WASSERMAN PROJECTS FUND

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Public IRS 990 nonprofit record

WASSERMAN PROJECTS FUND

EIN 85-0730303 · Arts & Culture (A20)

What they do

WASSERMAN PROJECTS FUND HELPS ARTISTS BRING to FRUITION and SHARE NEW PROJECTS WITH OUR VISITORS THAT INSPIRE DISCOURSE ON ART and ISSUES THAT ARE PARTICULARLY ACTIVE and TIMELY IN DETROIT. WORKING COLLABORATIVELY to PRESENT MEANINGFUL VISUAL and PERFORMING ARTS EXPERIENCES WHILE ENCOURAGING CREATIVE and ECONOMIC GROWTH IN OUR COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $74.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.38%of revenue went to mission work74.3% of expenses · Program services
$117.53spent for every $100 of revenueSpending was higher than revenue this year.
$0.91in assets for every $1 spent this yearSome assets cannot be spent right away.
87.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $17,511 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $23,311 for ALISON WONG (DIRECTOR AND PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$99,877
Mission workProgram services$87,27087.38% of revenue74.3% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$117,388117.53% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$99,877
Expenses$117,388
Annual shortfall $17,511 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$87,270 · 74.3% of expenses
See all reported dollar amounts
Revenue$99,877
Expenses$117,388
Assets$107,229
Income$113,328
Contributions$87,039
Mission work (program services)$87,270
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ALISON WONGDIRECTOR AND PRESIDENT · 15 hrs/week $23,311

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (3)

ALISON WONGDIRECTOR AND PRESIDENT

DENNIS MCCARTHYDIRECTOR, SECRETARY & TREASURER

GARY L WASSERMANCHAIRMAN AND CEO

About this charity

Recognized since
January 2021
Location
2668 LAPEER RD, AUBURN HILLS, MI 48326-1925
County
Oakland
In care of
% GARY WASSERMAN
Primary officer
ALISON WONG, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
Tax preparer
UHY ADVISORS GREAT LAKES INC
NTEE classification
Arts & Culture (A20)
IRS tax category
Arts & Culture

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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