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EIN 27-0540267

Impact Hub MSP

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Minneapolis
State
Minnesota
Year formed
2009
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Impact Hub MSP accelerates social impact by catalyzing a vibrant community, offering co-working space, specialized trainings, and cross-industry collaboration.
Also known as...
Minnesota Social Impact Center; Acara Institute Minnesota Social Impact Center
Total revenues
$311,938
2023
Total expenses
$273,899
2023
Total assets
$209,876
2023
Num. employees
5
2023

Program areas at Impact Hub MSP

Social entrepreneurship support: provide co-working space, access to experts, specialized trainings, and connections to other entrepreneurs around the world as well as identifying and engaging resources and institutions that support social entrepreneurs to increase the breadth of services in the region.

Who funds Impact Hub MSP

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bush FoundationGeneral Operating Support for Impact Hub MSP To Help Advance Its Charitable Mission.$50,000
Otto Bremer Trust (OBT)General Operations$15,000
Saint Paul & Minnesota FoundationMultiple Grants for Programs, Operations, Or Other Purposes$15,000
...and 1 more grant received

Personnel at Impact Hub MSP

NameTitleCompensation
Jane DurkeeHub Advisor, Fractional Chief Operating Officer
Elizabeth RossiniHub Advisor, Fractional Cmo
Katie KalkmanExecutive Director$80,000
Keith IscherOperations Manager
Bailey JohnsonEvent and Marketing Manager

Financials for Impact Hub MSP

RevenuesFYE 12/2023
Total grants, contributions, etc.$263,631
Program services$48,207
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$100
Total revenues$311,938

Form 990s for Impact Hub MSP

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-09-27990View PDF
2020-122021-11-01990View PDF
2019-122021-02-22990View PDF
...and 11 more Form 990s

Organizations like Impact Hub MSP

OrganizationLocationRevenue
Sierra CommonsNevada City, CA$106,256
The Start Center for EntrepreneurshipOmaha, NE$332,318
Rhode Island Urban Business IncubatorProvidence, RI$141,049
Develop AmericaShorewood, WI$845,550
ColabChattanooga, TN$775,157
Business Development CentreLynchburg, VA$309,624
Create CampaignWichita, KS$677,706
Microenterprise Collaborative of Inland Southern CaliforniaFontana, CA$187,555
BraintreeMansfield, OH$185,338
Enterprise for EquityOlympia, WA$451,454
Data update history
January 6, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 1 new personnel
November 23, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from Otto Bremer Trust (OBT)
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Bush Foundation
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
EducationBusiness and industry
Characteristics
Partially liquidatedState / local levelManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
825 Washington Ave Se
Minneapolis, MN 55414
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
minneapolis.impacthub.net/ 
Phone
(651) 318-2800
IRS details
EIN
27-0540267
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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