philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Twin Cities Maker INC

Tax-deductible

Minneapolis, MN501(c)(3)Human Services EIN 27-1536940Revenue $332K in FY2024Latest return filed Jul 15, 2025

On file with the IRStcmaker.orgMinneapolis, MNTax-exempt since Jul 2017Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

The mission is to make, share and learn. Operating a Maker space/hacker space for members to build projects using various media and technologies, from wood and metal working to electronics to fabric and beyond. We strive to educate people through classes and workshops on tool USA

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1536940) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $87K a year · 30% of revenue · last 3 filings
A surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
94%
of spending
94% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
18.1 mo
of spending, in cash
18.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $14K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$332K
+19% vs prior year
Spent
$238K
To programs
94%
Net assets
$396K
By yearFY2020–FY2024
Revenue
$332K
FY2024▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$164K
FY2021$192K
FY2022$239K
FY2023$280K
FY2024$332K
Expenses
$238K
FY2024▲ +37%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$180K
FY2023$174K
FY2024$238K
Net assets
$396K
FY2024▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$126K
FY2021$150K
FY2022$196K
FY2023$303K
FY2024$396K

From the FY2024 Form 990 · see the original

Visit site Follow Claim

Is it real?

Yes. Exemption reinstated (2016-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jul 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $225K Management & general 6% · $14K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Fletcher Thomas
Assistant Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Tom Foran
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Max Reeher
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Brad Ferguson
Vice President
$0Pt VII · Sec A
See Twin Cities Maker INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Build and learn with others in a shared space using diverse tools and technologies.

Questions for Twin Cities Maker INC

Tap to ask. Twin Cities Maker INC sees how many people are interested.

Your first name shows with your question. Twin Cities Maker INC answers here, for everyone.

1 program · $225K · in their own filed words · FY2024
01

Twin cities maker, inc. Promotes practical education in science, technology, engineers and other arts by providing facilities for classes, workshops, presentations and equipment training. During 2024 we held approximately 100 classes which consisted of education, orientation and equipment checkoff classes.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 27-1536940) · Dispute this line
$225Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Fidelity Investments Charitable Gift FundFY2024$13K
Alice M O'Brien FoundationFY2024$750
Total grants receivedfrom 2 funders$14K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$332K
Ln 12
Gifts and grantsLn 1h$299K
Fees for servicesLn 2g$28K
Investment incomeLn 3$6K
Money outPt IX
$238K
Ln 25
Programscol B$225K
Managementcol C$14K
Owns and owesPt X
$396K
net assets · Ln 32
Cash and savingsLn 1–2$359K
Total assetsLn 16$399K
LiabilitiesLn 26$2K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$299K
Fundraising eventsLn 1c$1K
Fees for servicesLn 2g$28K
Investment incomeLn 3$6K
Total revenueLn 12$332K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$331K
Cash and savings togetherLn 1–2$359K
Prepaid expenses and deferred chargesLn 9$11K
Land, buildings, equipmentLn 10c$28K
Total assetsLn 16$399K
LiabilitiesLn 26$2K
Net assetsLn 32$396K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$285K$359K
Land, buildings, equipmentLn 10c$14K$28K
Total assetsLn 16$303K$399K
LiabilitiesLn 26$0$2K
Net assetsLn 32$303K$396K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$10K$10K
Payroll taxesLn 10$2K$2K
Accounting feesLn 11c$550$550
Advertising and promotionLn 12$222$222
Office expensesLn 13$326$326
Information technologyLn 14$13K$13K
OccupancyLn 16$131K$131K
Conferences, conventions and meetingsLn 19$640$640
Depreciation, depletion and amortizationLn 22$11K$11K$43
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$36K$36K
All other expensesLn 24e$27K$27K
Total functional expensesLn 25$238K$225K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Jul 15, 2025 $332K$238K$94K$396K 990 PDF
FY2023Filed with the IRS May 21, 2024 $280K$174K$107K$303K 990 PDF
FY2022Filed with the IRS May 11, 2023 $239K$180K$59K$196K 990 PDF
FY2021Filed with the IRS Aug 1, 2022 $192K$150K 990 PDF
FY2020Filed with the IRS Nov 4, 2021 $164K$126K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $332,206 revenue, 12 lines filed
I-8 Contributions and grants$298,569
I-9 Program service revenue$27,949
I-10 Investment income$5,688
I-11 Other revenue$0
I-12 Total revenue$332,206
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$11,971
I-16a Professional fundraising fees$0
I-17 Other expenses$226,450
I-18 Total expenses$238,421
I-19 Revenue less expenses$93,785
Part VI · Governance 10 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $332,206 across 8 lines filed
VIII-1b Membership dues$283,139
VIII-1c Fundraising events$1,301
VIII-1f All other contributions, gifts and grants$14,129
VIII-1h Total contributions, gifts and grants$298,569
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,949$27,949
VIII-3 Investment incomeUnrelated business $5,688$5,688
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $27,949 · Unrelated business $5,688 · Excluded from tax $0$332,206
Part IX · Statement of functional expenses $238,421 across 12 lines filed
IX-7 Other salaries and wagesManagement $9,926$9,926
IX-10 Payroll taxesManagement $2,045$2,045
IX-11c Accounting feesManagement $550$550
IX-12 Advertising and promotionPrograms $222$222
IX-13 Office expensesManagement $326$326
IX-14 Information technologyPrograms $13,077$13,077
IX-16 OccupancyPrograms $130,614$130,614
IX-19 Conferences, conventions and meetingsManagement $640$640
IX-22 Depreciation, depletion and amortizationPrograms $10,836 · Management $43$10,879
IX-23 InsurancePrograms $7,917$7,917
IX-24 Other expenses (24a–d)Programs $35,597$35,597
IX-24e All other expensesPrograms $26,628$26,628
IX-25 Total functional expensesPrograms $224,891 · Management $13,530 · Fundraising $0$238,421
Part X · Balance sheet $398,628 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $47,179$27,880
X-2 Savings and temporary cash investmentsStart of year $238,293$331,062
X-9 Prepaid expenses and deferred chargesStart of year $2,799$11,257
X-10c Land, buildings and equipment, netStart of year $14,425$28,429
X-16 Total assetsStart of year $302,696$398,628
X-17 Accounts payable and accrued expenses$2,147
X-26 Total liabilitiesStart of year $0$2,147
X-27 Net assets without donor restrictionsStart of year $302,696$396,481
X-32 Total net assets or fund balancesStart of year $302,696$396,481
X-33 Total liabilities and net assetsStart of year $302,696$398,628
Part XI · Reconciliation of net assets $396,481 net assets at year end
XI-1 Total revenue$332,206
XI-2 Total expenses$238,421
XI-3 Revenue less expenses$93,785
XI-4 Net assets at start of year$302,696
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$396,481

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.