EIN 92-2955088

Dream Machine Innovation Lab

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
2023
Most recent tax filings
2023-12-01
Description
Dream Machine Innovation Lab unites change makers, empowers communities through AI education, and develops innovative programs to address pressing social challenges.
Total revenues
$5,000,000
2023
Total expenses
$2,310,348
2023
Total assets
$2,732,028
2023
Num. employees
8
2023

Program areas at Dream Machine Innovation Lab

AI ACADEMY - Dream Machines AI Academy empowers underserved communities to become innovators and leaders in the AI revolution. By combining cutting-edge education with culturally resonant programming we equip participants with both technical skills and visionary mindset needed to shape the future. Our academy bridges the gap between AI potential and community-driven impact fostering a new generation of creators ready to tackle the challenges and opportunities of tomorrow. AI Academy hosts among other things conferences and trainings in partnership with tech and community leaders.
GRANTMAKING - Dream Machine made small grants to 501c3 tax exempt organizations to support Dream Machines charitable purpose.
PROGRAM DEVELOPMENT - Dream Machine invested resources into the startup and development of upcoming programs and anticipates launching some or all of these programs in 2024.

Who funds Dream Machine Innovation Lab

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
DAFgiving360Education$25,000

Financials for Dream Machine Innovation Lab

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,000,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,000,000
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 7 new personnel
January 3, 2025
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Crime and legal aid organizationsEmployment organizationsCharities
Issues
EducationHuman servicesCrime and law
Characteristics
National levelTax deductible donationsAccepts online donations
General information
Address
1110 N Virgil Ave Suite 280
Los Angeles, CA 90029
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
dreammachine.org/ 
Phone
(212) 513-3389
IRS details
EIN
92-2955088
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
I01: Crime and Legal-Related Alliances and Advocacy
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0296986
FTB Entity ID
5574639
AB 488 data last updated ("as-of") date
2025-08-20
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