Higher Education Makerspaces Initiative INC

Tax-deductible

Cambridge, MA501(c)(3)EducationEIN 82-4508587

The Higher Education Makerspaces Initiatives HEMI is a collaborative of leading universities focused on solving the challenges of academic makerspaces and making their combined learnings available to others. HEMI hosts an annual convention and publishes an electronic academic journal.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Run by 20 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$257K
Spent
$211K
To programs
83%
Net assets
$107K

From the FY2023 Form 990 (year ending June 2023) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Mar 2021.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $175K Management & general 17% · $36K

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

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Higher Education Makerspaces Initiative INC executive salaries →

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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

Connects universities to improve and share makerspace knowledge.

Provided by the organization

This section is blank until Higher Education Makerspaces Initiative INC claims this page.

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1 program service account for $175K of program spending, described in the organization's own filed words · FY2022.
01

Hosted the annual conference at Georgia Tech University

$175Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $9K · 2022–2022
Unitemized GrantFY2022$8,618

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$257K
Ln 12
Fees for servicesLn 2g$257K
Money outPt IX
$211K
Ln 25
Programscol B$175K
Managementcol C$36K
Owns and owesPt X
$107K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$107K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$257K
Total revenueLn 12$257K
Assets in detailPt X, end of year
CashLn 1$107K
SavingsLn 2$0
Cash and savings togetherLn 1–2$107K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$107K
LiabilitiesLn 26$0
Net assetsLn 32$107K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJune
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 FY23End FY23
Cash and savingsLn 1–2$33K$107K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$33K$107K
LiabilitiesLn 26$0$0
Net assetsLn 32$33K$107K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$9K$9K
Grants and assistance to foreign recipientsLn 3$0$0
Management feesLn 11a$28K$0$28K$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$8K$0$8K$0
Other expenses (24a–d)Ln 24$161K$161K$0$0
All other expensesLn 24e$5K$5K$0$0
Total functional expensesLn 25$211K$175K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest Viewing $257K$211K$46K$107K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $257,235 across 14 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $257,235 · Unrelated business $0 · Excluded from tax $0$257,235
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $257,235 · Unrelated business $0 · Excluded from tax $0$257,235
Part IX · Statement of functional expenses $211,440 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $8,618$8,618
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-11a Management feesPrograms $0 · Management $28,404 · Fundraising $0$28,404
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $8,010 · Fundraising $0$8,010
IX-24 Other expenses (24a–d)Programs $161,408 · Management $0 · Fundraising $0$161,408
IX-24e All other expensesPrograms $5,000 · Management $0 · Fundraising $0$5,000
IX-25 Total functional expensesPrograms $175,026 · Management $36,414 · Fundraising $0$211,440
Part X · Balance sheet $107,324 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $32,686$107,324
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $32,686$107,324
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $32,686$107,324
X-33 Total liabilities and net assetsStart of year $32,686$107,324
Part XI · Reconciliation of net assets $107,324 net assets at year end
XI-1 Total revenue$257,235
XI-2 Total expenses$211,440
XI-3 Revenue less expenses$45,795
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$28,843
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$107,324

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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