Loft, Inc.
Loft, Inc.
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About this organization
Mission
The Loft advances the artistic development of writers, fosters a thriving literary community, and inspires a passion for literature. As a literary arts center, the Loft is a presenting organization, an artist service organization, a community school for the arts, and, a gathering place for readers and writers. We believe literary technique can be taught and learned, that excellence deserves recognition, and that literature uniquely fosters thoughtful public discussion about important issues. The Loft helps people to become better storytellers, and connects important voices and stories with readers and audiences. The Loft is a dynamic center for all people—both writers and readers—who believe that poems and stories are core to a full existence and that words matter.
About
SERVICES FOR WRITERS AND THE LITERARY COMMUNITY: See Schedule O for service accomplishments
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “See schedule o.”.
When outlining the tasks it performs, they were referred to as: “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.”.
- The non-profit's reported state of operation is MN as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 1011 WASHINGTON AVE S STE 200, MINNEAPOLIS, MN, 55415.
- As of 2020, the non-profit has 21 employees reported on their 990 form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $101,170.
- The compensation policy for the CEO of the organization is established through a review and endorsement from an independent source.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 18 independent voting members.
- The organization has a professional fund raiser.
- The organization was formed in 1975.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $1,045,224 in salary, compensation, and benefits to its employees.
- The organization pays $315,445 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.