EIN 82-3829806

The Loop Lab

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
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
$788,597
2023
Total expenses
$1,138,955
2023
Total assets
$796,165
2023
Num. employees
8
2023

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 17 more grants received

Personnel at The Loop Lab

NameTitleCompensation
Chris HopeFounder and Executive Director
Christopher HopePresident$105,000
Troy EllerbeeManaging Director$57,711
Michael LevineDirector of Grants and Budget
Kiara ColeAdministrative Manager

Financials for The Loop Lab

RevenuesFYE 12/2023
Total grants, contributions, etc.$707,694
Program services$80,683
Investment income and dividends$183
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$37
Total revenues$788,597

Form 990s for The Loop Lab

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-28990View PDF
2022-122023-11-07990View PDF
2021-122022-11-14990View PDF
2020-122021-05-20990View PDF
2019-122021-05-06990EZView PDF

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Data update history
December 29, 2024
Received grants
Identified 3 new grant, including a grant for $50,000 from Liberty Mutual Foundation
October 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 24, 2024
Updated personnel
Identified 2 new personnel
October 20, 2024
Used new vendors
Identified 1 new vendor, including
August 6, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Research centersArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Science and technologyArts, cultural, and humanitiesHuman servicesJobs and employment
Characteristics
Conducts researchManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
99 Bishop Allen Dr 025
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
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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