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EIN 82-3829806

The Loop Lab

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Cambridge
State
Massachusetts
Year formed
2017
Most recent tax filings
2022-12-01
NTEE code, primary
A31: Film, Video
Description
The Loop Lab empowers women and people of color in media arts to develop careers through job training, a media program, and a video production studio.
Total revenues
$1,299,082
2022
Total expenses
$777,613
2022
Total assets
$1,062,451
2022
Num. employees
6
2022

Program areas at The Loop Lab

Loop Lab academy- our organization operates a free high school pre-apprenticeship program which prepares students for careers in The media arts/av industries. We also provide summer programming for high school students. We also run a state-registered media arts apprenticeship for 18-26 year olds that provides paid internships and on-the-job training for participants.
Loop Lab studio- our organization operates a video production studio that provides low cost and high-quality video services to cultural arts organizations and companies in greater boston. The studio hires many of our alumni, futhers their training, and generates revenue for The organization.

Who funds The Loop Lab

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Devonshire FoundationThe Loop Lab's (TLL) Three-Year, Capacity Building Grant Supports Expanding TLL'S Income Earning Production Capacity and Significantly Enhancing Development Efforts, Enabling TLL To Increase the Annual Number of Media Arts Apprentices They Graduate.$175,000
Community Foundation of Western MassachusettsEmployment (Econdev)$166,667
Wagner FoundationGeneral Operating Support$75,000
...and 18 more grants received totalling $787,976

Personnel at The Loop Lab

NameTitleCompensation
Chris HopeFounder and Executive Director
Christopher HopeBoard Member$97,500
Troy EllerbeeManaging Director$13,225
Michael LevineDirector of Grants and Budget
Kiara ColeAdministrative Manager

Financials for The Loop Lab

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,238,880
Program services$60,101
Investment income and dividends$42
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$59
Total revenues$1,299,082

Form 990s for The Loop Lab

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-11-14990View PDF
2020-122021-05-20990View PDF
2019-122021-05-06990EZView PDF
Data update history
February 1, 2024
Updated personnel
Identified 2 new personnel
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Received grants
Identified 10 new grant, including a grant for $175,000 from The Devonshire Foundation
October 22, 2023
Received grants
Identified 18 new grant, including a grant for $166,667 from Community Foundation of Western Massachusetts
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Research centersArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Science and technologyArts, cultural, and humanitiesHuman servicesJobs and employment
Characteristics
Conducts researchReceives government fundingManagement and technical assistanceTax deductible donations
General information
Address
99 Bishop Allen Dr 025
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
thelooplab.org/ 
Phone
(857) 251-0843
IRS details
EIN
82-3829806
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A31: Film, Video
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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