DEMOGRAPHIC
ADDRESS
8141 PENNSYLVANIA CIR
55438
COUNTY
hennepin county, MN
IN CARE OF NAME
MARK HEIMERMANN
ORGANIZATIONAL OVERVIEW & RANKINGS
GRAVITY FOUNDATION is a based in BLOOMINGTON, MN, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in August 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,118,042 among 2,656,690 nonprofits nationally (Top 43%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 36,442 out of 53,624 organizations in MN (Top 68%).
In hennepin county, MN, the organization ranks 9,428 out of 13,125 nonprofits by assets (Top 72%), while locally in bloomington, it stands at 621 among 785 organizations (Top 78%).
The organization reported no revenue in the most recent filing period, placing it at 1,780,425 nationally and 26,595 in MN.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, GRAVITY FOUNDATION ranks 9,687 in assets (Top 59%) and 9,780 in revenue (Top 59%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2010 and was reinstated on July 15, 2013 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Saturday, May 15, 2010;
Reinstated: Monday, July 15, 2013
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2014
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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