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EIN 41-1297735

The Loft Literary Center

IRS 501(c) type
501(c)(3)
Num. employees
26
City
Minneapolis
State
Minnesota
Year formed
1975
Most recent tax filings
2024-08-01
NTEE code, primary
A70: Humanities Organizations
Description
The Loft's mission is to advance The artistic development of writers, to foster a thriving writing community, and to inspire a passion for literature.
Total revenues
$1,781,751
2024
Total expenses
$2,350,825
2024
Total assets
$5,974,800
2024
Num. employees
26
2024

Who funds The Loft Literary Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The McKnight FoundationFor Mcknight Artist Fellowships for Midcareer Literary Artists and Writers in Minnesota$207,000
Hearst FoundationsSupport Operations$150,000
The Minneapolis FoundationDonor-Advised, Arts- Culture- Humanities, Donor-Advised, General$33,250
...and 15 more grants received

Personnel at The Loft Literary Center

NameTitleCompensation
Arleta M. LittleExecutive and Artistic Director$134,671
Elizabeth SchoepplerSenior Director , Finance and Operations$96,881
Julie CohenDevelopment Director
Shahenda HelmyEvents Director
Chris Mackenzie JonesSenior Director , Community Engagement
...and 4 more key personnel

Financials for The Loft Literary Center

RevenuesFYE 08/2024
Total grants, contributions, etc.$860,637
Program services$741,332
Investment income and dividends$144,313
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$35,469
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,781,751

Form 990s for The Loft Literary Center

Fiscal year endingDate received by IRSFormPDF link
2024-082025-02-19990View PDF
2023-082024-02-16990View PDF
2022-082023-02-24990View PDF
2021-082022-02-22990View PDF
2020-082021-04-14990View PDF
...and 10 more Form 990s
Data update history
December 21, 2024
Received grants
Identified 2 new grant, including a grant for $150,000 from Hearst Foundations
October 24, 2024
Updated personnel
Identified 6 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $12,000 from Tankenoff Families Foundation
July 10, 2024
Received grants
Identified 2 new grant, including a grant for $3,000 from The Elizabeth C Quinlan Foundation
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
Receives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
1011 Washington Ave S Ste 200
Minneapolis, MN 55415
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
loft.org/ 
Phone
(612) 215-2575
Facebook page
TheLoftLiteraryCenter 
Twitter profile
@loftliterary 
IRS details
EIN
41-1297735
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A70: Humanities Organizations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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