EIN 77-0707779

Innosphere Ventures

IRS 501(c) type
501(c)(3)
Num. employees
28
Year formed
2007
Most recent tax filings
2022-12-01
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
$3,866,520
2022
Total expenses
$2,062,827
2022
Total assets
$7,857,484
2022
Num. employees
28
2022

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
ImpactAssetsGeneral Support$918,367
Breakthrough Energy FoundationEcosystem Grant$125,000
Baird FoundationGeneral Support$5,000
...and 1 more grant received

Personnel at Innosphere Ventures

NameTitleCompensation
Mike FreemanChief Executive Officer$146,311
John LeonardBoard Chair / Treasurer$0
Brian ZimbelmanVice Chair / Board Secretary$0
Todd HeadleyVice Chair / Board Member$0
Duwayne PetersonChair / Board Secretary / Board Member$0
...and 5 more key personnel

Financials for Innosphere Ventures

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,393,321
Program services$292,582
Investment income and dividends$1,011
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$179,606
Total revenues$3,866,520

Form 990s for Innosphere Ventures

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-02-22990View PDF
2018-122020-01-23990View PDF
...and 9 more Form 990s

Organizations like Innosphere Ventures

OrganizationLocationRevenue
Common WealthYoungstown, OH$969,736
Greater Indianapolis Progress CommitteeIndianapolis, IN$4,430,429
Center for Rural Affairs (CFRA)Lyons, NE$9,008,855
Economic Growth FoundationCleveland, OH$2,912,962
The Carolinas Gateway PartnershipRocky Mount, NC$1,195,948
CNM IngenuityAlbuquerque, NM$15,257,328
Federal City CouncilWashington, DC$3,424,583
The Greenlining InstituteOakland, CA$9,488,422
Rural Development Initiative (RDI)Coburg, OR$1,745,982
Team NEO FoundationCleveland, OH$7,993,857
Data update history
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
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible 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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