Public Charity

TAMPA BAY INNOVATION HUB INC

TAMPA BAY INNOVATION HUB INC is a nonprofit organization categorized as Public Charity based in TAMPA, FL. Its most recent IRS filing (2025) reports revenue of $3.1M, expenses of $3.9M, total assets of $16.8M. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $802K.

EIN: 824177489 TAMPA, FL Adult Education NTEE: B60 Latest filing: 2025
Total Revenue$3.1M
Total Expenses$3.9M
Total Assets$16.8M
Grant Records11
Funding Total$802K
Filing Years2021–2025

Mission

TAMPA BAY INNOVATION HUB, DBA EMBARC COLLECTIVE TAMPA BAY, HELPS TAMPA BAY'S STARTUP TALENT BUILD BOLD, SCALABLE, THRIVING COMPANIES.

Where $100 goes at Tampa Bay Innovation Hub Inc

How Tampa Bay Innovation Hub Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$79 Programs the work itself
$14 Management running the organization
$7 Fundraising raising the next dollar

Inside the $79 for programs

$30
Conducting activities to attract promising job-creating startups to the Tampa bay area, possibly including awarding grants to startups willing to relocate; conducting research on successful startups; community development…
37% of program spending
$18
Programming & coaching
23% of program spending
$16
Space
20% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

DIRECTOR Alex Jenkins
BOARD CHAIR Brian Murphy
DIRECTOR David Felman
DIRECTOR Derrick Brooks
DIRECTOR Drew Weatherford
VICE CHAIR Jack Shields

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$452,500 6 grants
General Support
$325,000 4 grants
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.1M $3.9M $16.8M
2024 $2.8M $3.5M $17.3M
2023 $2.8M $3.6M $18.4M
2022 $4.3M $3.7M $20.0M
2021 $1.4M $3.5M $12.0M

Between 2021 and 2025, reported annual revenue grew from $1.4M to $3.1M (+114%), with total assets most recently reported at $16.8M.

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

See the full picture for TAMPA BAY INNOVATION HUB INC

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