EIN 77-0707779

Innosphere Ventures

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
2007
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Rocky Mountain Innosphere accelerates the success of startup companies and promotes an entrepreneurial culture. It ran an artificial intelligence program in the summer of 2019, offering one-on-one support and specialized content in a cohort setting for early-stage companies using AI and machine learning technology. As a business incubator, it provides assistance to incubated companies in raising capital, assembling solid management teams, developing strategic corporate partnerships, and establishing relationships with test and demo sites.
Also known as...
Rocky Mountain Innovation Initiative; Rocky Mountain Innosphere; Rocky Mountain Innosphere
Total revenues
$1,188,309
2023
Total expenses
$1,666,605
2023
Total assets
$8,408,524
2023
Num. employees
22
2023

Program areas at Innosphere Ventures

Rocky Mountain Innosphere serves as a business incubator for startupcompanies. Incubated companies are provided assistance in raisingcapital, help in assembling solid management teams, strategic corporatepartner development, relationships with test and demonstrationfacilities, discounted professional service providers, and manyeducational and networking opportunities.
The incubation program accelerates the success of high impact science and technology based start up and scale up companies in Colorado. It focuses on ensuring companies are investor ready, connecting to entrepreneurs with experienced advisors, making introductions to corporate partners, exit planning and accelerating top line revenue growth.

Who funds Innosphere Ventures

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsFactore Venture Studio$102,041
Colorado Smart Cities AllianceSee Schedule O$50,000
Nebraska Community Foundation (NCF)Workforce Development Support$15,000
...and 1 more grant received

Personnel at Innosphere Ventures

NameTitleCompensation
Mike FreemanChief Executive Officer$146,311

Financials for Innosphere Ventures

RevenuesFYE 12/2023
Total grants, contributions, etc.$795,609
Program services$266,918
Investment income and dividends$880
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$124,902
Total revenues$1,188,309

Form 990s for Innosphere Ventures

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s

Organizations like Innosphere Ventures

OrganizationLocationRevenue
Federal City CouncilWashington, DC$3,788,268
The Carolinas Gateway PartnershipRocky Mount, NC$1,211,714
Economic Growth FoundationCleveland, OH$4,825,347
Common Future (BALLE)Oakland, CA$5,307,221
Common WealthYoungstown, OH$729,959
Greater Indianapolis Progress CommitteeIndianapolis, IN$616,871
Center For Rural Policy & DevelopmentMankato, MN$591,921
Rural CoalitionWashington, DC$5,258,670
Economic Opportunity Foundation (EOF)Kansas City, KS$650,221
Together ChicagoChicago, IL$2,317,785
Data update history
July 10, 2024
Received grants
Identified 3 new grant, including a grant for $125,000 from Breakthrough Energy Foundation
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 2 new vendors, including , and
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $918,367 from ImpactAssets
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
320 E Vine Dr Suite 101
Fort Collins, CO 80524
Metro area
Fort Collins, CO
County
Larimer County, CO
Website URL
innosphereventures.org/ 
Phone
(970) 221-1301
IRS details
EIN
77-0707779
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
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