MICROGRANTS
MINNEAPOLIS,
Minnesota,
55403
EIN: 20-4092394
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
100 N 6TH ST STE 626B
55403
COUNTY
hennepin county, MN
IN CARE OF NAME
JOE SELVAGGIO
ORGANIZATIONAL OVERVIEW & RANKINGS
MICROGRANTS is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in January 2007, it operates as an central corporation and contributions to this organization are tax-deductible .
With total assets of $851,468.00, this ranks 231,964 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 5,116 out of 53,624 organizations in MN (Top 10%).
In hennepin county, MN, the organization ranks 1,814 out of 13,125 nonprofits by assets (Top 14%), while locally in minneapolis, it stands at 1,026 among 6,505 organizations (Top 16%).
The organization reported annual revenue of $1,910,177.00, ranking 87,375 nationally (Top 4%) and 2,143 in MN (Top 4%).
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, MICROGRANTS ranks 1,625 in assets (Top 10%) and 507 in revenue (Top 3%).
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
1: Central
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
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
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,911,642.00
FORM 990 REVENUE AMOUNT
$1,910,177.00
RULING DATE
01/2007
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$851,468.00
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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