The Advancement Corporation
The Advancement Corporation is a nonprofit organization focused on Arts, Culture & Humanities, based in Lansing, MI. IRS filing data is available from 2021 through 2022. As of 2022, the organization holds $5.1M in total assets.
Key facts about The Advancement Corporation
- EIN
- 85-1824182
- Latest 990 filing
- Form 990 filing, 2022
- Total assets
- $5,053,788
Data from IRS Form 990 filing, 2022; updated October 2026.
Financial Overview
From 2022 IRS Form 990 filing · View filing
Total Assets
$5.1M
+10643.1% YoY
Revenue
$503K
+810.3% YoY
Expenses
$502K
+4371.9% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 |
|---|---|---|
| Total Assets | $5,053,788 | $47,042 |
| Revenue | $502,798 | $55,237 |
| Expenses | $501,748 | $11,220 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2022
Leadership & Key People
Officers and directors from IRS filings
The Advancement Corporation is led by Derrick Knox Jr., President on every filing since 2021; 2 of 6 officers listed in 2022 are compensated.
Officers on the 2022 filing
Derrick Knox Jr.
President
On filings since 2021
40 hrs/week
$16K (2022)
LaShawn Erby
Director
Vice President → Director, 2022
On filings since 2021
$3K (2021) → $5K (2022)
Terence Gipson
Director
Seretary → Director, 2022
On filings since 2021
No compensation reported
Melissa Patrick
Director
New on the 2022 filing
No compensation reported
Patricia Mock
Director
New on the 2022 filing
No compensation reported
Tanta Miles
Director
New on the 2022 filing
No compensation reported
Former officers (1)
- Former: Attorney Patricia Mock (2021) — Treasurer
Data from IRS Form 990 filings, 2021–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $16K, to Derrick Knox Jr (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Advancement Corporation
How large is The Advancement Corporation?
The Advancement Corporation reported $5.1M in total assets on its 2022 IRS Form 990 filing. Its revenue that year was $503K.
What is The Advancement Corporation?
The Advancement Corporation is a nonprofit organization focused on Arts, Culture & Humanities, based in Lansing, MI. It holds $5.1M in total assets as of 2022.
What is The Advancement Corporation's EIN?
The Advancement Corporation's EIN (Employer Identification Number) is 85-1824182. IRS Form 990 filing data is available on this page for 2021–2022.
Data last updated October 2026. Sourced from IRS Form 990 filings.
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