DEMOGRAPHIC
ADDRESS
189 EXCHANGE ST
04401
COUNTY
penobscot county, ME
ORGANIZATIONAL OVERVIEW & RANKINGS
LAUNCHPAD is a based in BANGOR, ME, focused on Arts, Culture and Humanities causes , specifically Visual Arts Organizations. Established in September 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $17,465.00, this ranks 663,156 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,119 out of 14,457 organizations in ME (Top 29%).
In penobscot county, ME, the organization ranks 373 out of 1,393 nonprofits by assets (Top 27%), while locally in bangor, it stands at 179 among 464 organizations (Top 36%).
The organization reported annual revenue of $64,875.00, ranking 461,974 nationally (Top 18%) and 3,021 in ME (Top 21%).
Within its specific NTEE classification (A40 - A: Arts, Culture and Humanities), which includes 2,222 similar organizations, LAUNCHPAD ranks 474 in assets (Top 21%) and 343 in revenue (Top 15%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 (all other) or 990EZ return 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
A40: Visual Arts Organizations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$70,947.00
FORM 990 REVENUE AMOUNT
$64,875.00
RULING DATE
09/2014
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$17,465.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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