Subsidy Tracker Parent Company Summary

Parent Company Name: 
Michaels Companies
Ownership Structure: 
publicly traded (ticker symbol MIK)
Headquartered in: 
Texas
Major Industry: 
retailing
Specific Industry: 
retail-craft supplies
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$423,83517
Federal (grants and allocated tax credits)$00
TOTAL$423,83517
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 1998. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

LAMRITE WEST; MICHAELS STORES

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Ohio$187,9463
Illinois$181,6232
Maine$35,6846
Colorado$12,1875
New York$6,3951

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Michaels Stores Inc. Illinois state 2004 $111,878 grant
Michaels Stores Inc. Illinois state 2004 $69,745 grant
LAMRITE WEST INC Ohio state 2013 $65,262 grant
LAMRITE WEST INC Ohio state 2013 $65,262 training reimbursement
LAMRITE WEST INC Ohio state 2014 $57,422 grant
MICHAELS STORES INC Maine state 2016 $9,384 property tax abatement
MICHAELS STORES INC Maine state 2017 $8,857 property tax abatement
MICHAELS STORES, INC New York local 2011 $6,395 property tax abatement
MICHAELS STORES INC Maine state 2010 $5,859 property tax abatement
MICHAELS STORES INC Maine state 2012 $4,130 property tax abatement
MICHAELS STORES INC Maine state 2009 $3,959 property tax abatement
MICHAELS STORES INC Maine state 2011 $3,495 property tax abatement
Michaels Stores, Inc. Colorado state 2016 $3,380 tax credit/rebate
MICHAELS STORES, Inc Colorado state $3,238 tax credit/rebate
Michaels Stores, Inc. Colorado state 2016 $2,337 tax credit/rebate
Michaels Stores, Inc. Colorado state 2016 $1,692 tax credit/rebate
MICHAELS STORES, INC. Colorado state 2014 $1,540 tax credit/rebate
MICHAELS STORES, INC. New Jersey state undisclosed tax credit/rebate; property tax abatement
MICHAELS STORES, INC. New Jersey state undisclosed tax credit/rebate; property tax abatement
MICHAELS STORES, INC. New Jersey state undisclosed tax credit/rebate; property tax abatement
Lamrite West Inc. Ohio state 1998 undisclosed tax credit/rebate
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