Public Charity

THE LOFT INC

Based in MINNEAPOLIS, MN, THE LOFT INC operates as a Public Charity. The organization reported $2.4M in revenue, $2.4M in expenses, $6.3M in total assets for fiscal year 2025. Imperigo tracks 42 reported grant relationships connected to this organization totaling approximately $570K.

EIN: 411297735 MINNEAPOLIS, MN Humanities NTEE: A70 Latest filing: 2025
Total Revenue$2.4M
Total Expenses$2.4M
Total Assets$6.3M
Grant Records42
Funding Total$570K
Filing Years2021–2025

Mission

SEE SCHEDULE OTHE LOFT ADVANCES THE POWER OF WRITERS AND READERS TO CRAFT AND SHARE STORIES, TO CREATE AND CELEBRATE CONNECTIONS, AND TO BUILD JUST, LIFE-SUSTAINING COMMUNITIES. WE ENVISION A WORLD WHERE THE POWER OF THE WORD LIBERATES MINDS, DEEPENS RELATIONSHIPS, AND INSPIRES MOVEMENTS FOR PEOPLE AND PLANET. AS AN ANTIRACIST ORGANIZATION, THE LOFT DEVELOPS LITERARY EXPERIENCES FOR WRITERS, READERS, AND STORYTELLERS BECAUSE RACISM DEHUMANIZES PEOPLE, AND POETRY AND STORIES DEEPEN OUR CONNECTION TO OUR SHARED HUMANITY. RECOGNIZING THE RELATIONSHIP BETWEEN RACE, POWER, AND RESOURCES, WE PRIORITIZE THE ENGAGEMENT OF BIPOC AND MARGINALIZED COMMUNITIES AND WORK FOR THE EQUITABLE DISTRIBUTION OF OUR POWER AND RESOURCES.

Where $100 goes at The Loft Inc

How The Loft Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$7 Management running the organization
$12 Fundraising raising the next dollar

Inside the $81 for programs

$51
Learning for writers and readers
63% of program spending
$22
Services for writers and the literary community
27% of program spending · Reported in the filing: 3,000 adults; 500 classes
$8
Events for readers
10% of program spending · Reported in the filing: 38 events
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
DONOR ADVISED, ARTS, CULTURE, HUMANITIES
$97,250
2024
ARTS, CULTURE & HUMANITIES
$10,275
2024
POET LAUREATE FELLOWSHIP
$10,000
2024
For grant recipient's exempt purposes
$6,160
2023
DONOR-ADVISED, ARTS- CULTURE- HUMANITIES, DONOR-ADVISED, GENERAL
$33,250

Showing up to 5 of 42 total records — full history available with membership.

Officers & Directors

EXEC & ARTISTIC DIR, BOARD Arleta Little
DIRECTOR Dorothy Nins
SR. DIR., FINANCE & OPERAT Elizabeth Schoeppler
BOARD SECRETARY Ellena Schoop
BOARD TREASURER Jon Austin
DIRECTOR Kimberly Simon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$291,285 14 grants
General Support
$187,638 21 grants
Education
$37,450 3 grants
Fundraising & Sponsorship
$15,000 1 grant
Unspecified
$39,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.4M $2.4M $6.3M
2024 $1.8M $2.4M $6.0M
2023 $2.4M $2.6M $5.8M
2022 $2.6M $2.1M $5.8M
2021 $2.6M $2.2M $5.9M

Between 2021 and 2025, reported annual revenue declined from $2.6M to $2.4M (-7%), with total assets most recently reported at $6.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE LOFT INC

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