Ann Arbor Spark

ANN ARBOR, MI EIN: 38-2436899 Website

Ann Arbor SPARK advances the region by encouraging and supporting business acceleration, attraction, expansion and retention. Our organization identifies and meets the needs of companies at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government and community investment partners to position the region as a destination for innovation.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.0M

+40.0% YoY

Annual Giving

$678K

Grant Count

13

Avg Grant Size

$52K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$23M20202021202220232024
Metric202420232022
Total Assets$19,044,143$13,599,567$16,558,054
Revenue$12,807,921$8,451,260$9,443,903
Expenses$11,301,566$9,490,354$10,507,768
Qualifying Distributions
Net Investment Income$567,481$-164,860$-18,866
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M580 grants2020376 grants20218 grants20220 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Howell Area Chamber of C…$173KGrand Valley State Unive…$131KJewish Family Services$107KMonroe County Business A…$97KMI-HQ$75KWashtenaw Community Coll…$42KTortillas Tita LLC$10KUniversity of Michigan$10KBCHIRA$8KB-Cubed Bakery$7K

Grant Size Distribution

977 grants across all recorded years

971<$50K2$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Ann Arbor Spark fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Paul KrutkoPresident & CEO$395KPhil SanterBusiness Development V.P.$194KWilliam MayerEntrepreneurial Srvs V.P.$162KMichael FlanaganCapital Programs V.P.$157KJenn HaymanMarketing V.P.$136KLaura BerarduciCommunications Director$107KJennifer OlmsteadBusiness Development Director$106K

From 2024 filing

NameTitleHoursCompensation
Kelly SextonChair1
Simon WhitelockeVice Chair1
David SnodgrassTreasurer1
Tiffany FordSecretary1
David RuudPast Chair1
Dr Rose BellancaBoard Member1
Gregory DillBoard Member1
Milton DohoneyBoard Member1
Patti GlazaBoard Member1
Leigh GredenBoard Member1
Jeff HauptmanBoard Member1
Brandon HofmeisterBoard Member1
Justin HodgeBoard Member1
Chris KolbBoard Member1
Chris KowitzBoard Member1
Paul KrutkoPresident & CEO39$395,347
Mark LePageBoard Member1
Lon LowenBoard Member1
Marcy MarshallBoard Member1
Timothy MarshallBoard Member1
John McLaughlinBoard Member1
Peter MertensBoard Member1
David ParsigianBoard Member1
Paul RoneyBoard Member1
Trish ReillyBoard Member1
Chris SingBoard Member1
Rick SheridanBoard Member1
Brenda StumboBoard Member1
Robert YoungBoard Member1
Tom CrawfordCFO39.75
Phil SanterBusiness Development V.P.40$194,019
William MayerEntrepreneurial Srvs V.P.40$162,204
Michael FlanaganCapital Programs V.P.40$157,000
Jenn HaymanMarketing V.P.40$136,195
Laura BerarduciCommunications Director40$106,513
Jennifer OlmsteadBusiness Development Director40$106,319

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AddisonAdrianAllendaleAnn ArborAsh TownshipBellevilleBlissfieldBrightonBrighton TownshipBrooklynByronCamdenCarletonCement CityChelseaCity Of Ann ArborCity Of JacksonClintonColumbia TownshipConcord

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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