LOFT INC THE LOFT LITERARY CENTER
MINNEAPOLIS,
Minnesota,
55415
EIN: 41-1297735
Arts, Culture and Humanities
DEMOGRAPHIC
ADDRESS
1011 WASHINGTON AVE S STE 200
55415
COUNTY
hennepin county, MN
IN CARE OF NAME
ELIZABETH SCHOEPPLER
ORGANIZATIONAL OVERVIEW & RANKINGS
LOFT INC THE LOFT LITERARY CENTER is a based in MINNEAPOLIS, MN, focused on Arts, Culture and Humanities causes . Established in June 1977, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $5,824,237.00, this ranks 82,302 among 2,656,690 nonprofits nationally (Top 4%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,854 out of 53,624 organizations in MN (Top 4%).
In hennepin county, MN, the organization ranks 771 out of 13,125 nonprofits by assets (Top 6%), while locally in minneapolis, it stands at 457 among 6,505 organizations (Top 7%).
The organization reported annual revenue of $2,433,334.00, ranking 75,705 nationally (Top 3%) and 1,871 in MN (Top 4%).
Within its specific NTEE classification (A700 - A: Arts, Culture and Humanities), which includes 85 similar organizations, LOFT INC THE LOFT LITERARY CENTER ranks 11 in assets (Top 11%) and 18 in revenue (Top 18%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Cultural performances
Literary activities
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
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
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,596,608.00
FORM 990 REVENUE AMOUNT
$2,433,334.00
RULING DATE
06/1977
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$5,824,237.00
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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