Makeict Institute FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

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

MakeICT provided resources and activities to help members create. Our program, the 22,000 sq foot makerspace, has several different areas filled with tools and equipment to build and create things.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1413068) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $48K a year · 28% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
7.5 mo
of spending, in cash
7.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$187K
33% of total assets
Liabilities are 33% of assets.
Pt X · Ln 26
Independent board members
9
of 9 voting members
9 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$159K
+14% vs prior year
Spent
$107K
To programs
100%
Net assets
$379K
By yearFY2021–FY2025
Revenue
$159K
FY2022▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2021$139K
FY2022$159K
FY2023$184K
FY2024$182K
FY2025$201K
Expenses
$107K
FY2022▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2021$99K
FY2022$107K
FY2023$131K
FY2024$139K
FY2025$146K
Net assets
$379K
FY2022▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2021$327K
FY2022$379K
FY2023$441K
FY2024$483K
FY2025$538K

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $107K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
See Makeict Institute 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

Offers a large makerspace with tools and equipment for creative projects.

Questions for Makeict Institute

Tap to ask. Makeict Institute sees how many people are interested.

Your first name shows with your question. Makeict Institute answers here, for everyone.

1 program · $107K · in their own filed words · FY2022
01

Provided space for makers to access communal tools and equipment for 459 Members

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-1413068) · Dispute this line
$107Kprogram 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 · FY2022
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$159K
Ln 12
Gifts and grantsLn 1h$129K
Fees for servicesLn 2g$29K
Investment incomeLn 3$322
Money outPt IX
$107K
Ln 25
Programscol B$107K
Owns and owesPt X
$379K
net assets · Ln 32
Cash and savingsLn 1–2$66K
Total assetsLn 16$566K
LiabilitiesLn 26$187K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$129K
Fundraising eventsLn 1c$940
Fees for servicesLn 2g$29K
Investment incomeLn 3$322
Total revenueLn 12$159K
Assets in detailPt X, end of year
CashLn 1$66K
Cash and savings togetherLn 1–2$66K
Land, buildings, equipmentLn 10c$499K
Total assetsLn 16$566K
LiabilitiesLn 26$187K
Net assetsLn 32$379K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$40K$66K
Land, buildings, equipmentLn 10c$510K$499K
Total assetsLn 16$551K$566K
LiabilitiesLn 26$224K$187K
Net assetsLn 32$327K$379K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$1K$0$0
Advertising and promotionLn 12$482$482$0$0
Office expensesLn 13$129$129$0$0
Information technologyLn 14$3K$3K$0$0
OccupancyLn 16$37K$37K$0$0
InterestLn 20$10K$10K$0$0
Depreciation, depletion and amortizationLn 22$11K$11K$0$0
InsuranceLn 23$16K$16K$0$0
All other expensesLn 24e$27K$27K$0$0
Total functional expensesLn 25$107K$107K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 15, 2026 $201K$146K$55K$538K 990 PDF
FY2024Filed with the IRS Jul 21, 2025 $182K$139K$43K$483K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $184K$131K$53K$441K 990 PDF
FY2022 ViewingFiled with the IRS Nov 15, 2023 $159K$107K$52K$379K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $139K$99K$39K$327K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $158,632 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $130,141$129,448
I-9 Program service revenuePrior year $8,518$28,862
I-10 Investment income$322
I-11 Other revenue$0
I-12 Total revenuePrior year $138,659$158,632
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $99,171$106,542
I-18 Total expensesPrior year $99,171$106,542
I-19 Revenue less expensesPrior year $39,488$52,090
Part VI · Governance 9 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $158,632 across 6 lines filed
Lines not itemized here account for $28,862 of total revenue; see the IRS return.
VIII-1b Membership dues$115,413
VIII-1c Fundraising events$940
VIII-1f All other contributions, gifts and grants$13,095
VIII-1h Total contributions, gifts and grants$129,448
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$322
VIII-12 Total revenueRelated to mission $29,184 · Unrelated business $0 · Excluded from tax $0$158,632
Part IX · Statement of functional expenses $106,542 across 9 lines filed
IX-11c Accounting feesPrograms $1,450 · Management $0 · Fundraising $0$1,450
IX-12 Advertising and promotionPrograms $482 · Management $0 · Fundraising $0$482
IX-13 Office expensesPrograms $129 · Management $0 · Fundraising $0$129
IX-14 Information technologyPrograms $2,687 · Management $0 · Fundraising $0$2,687
IX-16 OccupancyPrograms $37,376 · Management $0 · Fundraising $0$37,376
IX-20 InterestPrograms $10,045 · Management $0 · Fundraising $0$10,045
IX-22 Depreciation, depletion and amortizationPrograms $11,022 · Management $0 · Fundraising $0$11,022
IX-23 InsurancePrograms $16,463 · Management $0 · Fundraising $0$16,463
IX-24e All other expensesPrograms $26,888 · Management $0 · Fundraising $0$26,888
IX-25 Total functional expensesPrograms $106,542 · Management $0 · Fundraising $0$106,542
Part X · Balance sheet $565,633 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $40,209$66,310
X-10c Land, buildings and equipment, netStart of year $510,345$499,323
X-16 Total assetsStart of year $550,554$565,633
X-25 Other liabilitiesStart of year $223,637$186,885
X-26 Total liabilitiesStart of year $223,623$186,885
X-27 Net assets without donor restrictionsStart of year $326,931$378,748
X-32 Total net assets or fund balancesStart of year $326,931$378,748
X-33 Total liabilities and net assetsStart of year $550,554$565,633
Part XI · Reconciliation of net assets $378,748 net assets at year end
XI-1 Total revenue$158,632
XI-2 Total expenses$106,542
XI-3 Revenue less expenses$52,090
XI-4 Net assets at start of year$326,931
XI-10 Net assets at end of year$378,748

Form 990 e-file FY2022 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.