Thinkwell Makerspace Innovations

Decatur, ILUnknown exempt organization EIN 92-1558026Revenue $198K in FY2025Latest return filed May 11, 2026

On file with the IRSDecatur, IL

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100¢ of each $1 spent went to programs.
$52K paid to officers and key staff.
Programs: Part IX · Pay: 990-EZ Part IV

Before you give

FY2025 · Form 990-EZIndependent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990-EZ
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $37K a year · 27% of revenue · last 2 filings
A surplus in 2 of the last 2 filings.
990-EZ Pt I · Ln 18 · 2 filings
Spent on programs
100%
of spending
100% of spending went to programs.
990-EZ Pt III · Ln 32
Pay to officers and key staff
$52K
to officers and key staff · 31% of spending
Pay to officers and key staff is 31% of spending.
990-EZ Pt IV
Named funders
1
named funder · $8K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$8K
7% of total assets
Liabilities are 7% of assets.
990-EZ Pt II · Ln 26
Revenue
$198K
+191% vs prior year
Spent
$169K
To programs
100%
Net assets
$103K
By yearFY2024–FY2025
Revenue
$198K
FY2025▲ +191%
Tap a bar for its year
Revenue by fiscal year
FY2024$68K
FY2025$198K
Expenses
$169K
FY2025▲ +608%
Tap a bar for its year
Expenses by fiscal year
FY2024$24K
FY2025$169K
Net assets
$103K
FY2025▲ +134%
Tap a bar for its year
Net assets by fiscal year
FY2024$44K
FY2025$103K

From the FY2025 Form 990 (year ending June 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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% · $169K

Form 990-EZ Part I, lines 10–17. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990-EZ; $52K paid to officers and key staff (Part VII, Section A).

990-EZ Part IV · reportable compensation
Executive Di
$52,162990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Board Member
$0990-EZ Pt IV
Treasurer
$0990-EZ Pt IV
Vice Preside
$0990-EZ Pt IV
See Thinkwell Makerspace Innovations executive salaries →

Programs and updates

A nonprofit organization based in Decatur, IL.

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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 · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2025 990-EZ, line by line.

1The main four
Money in
$198K
Gifts and grants$198K
Money out
$169K
Programs$169K
Owns and owes
$103K
net assets
Total assets$112K
Liabilities$8K
People
10
listed
Paid1
2In more detail
Revenue in detail
Gifts and grants$198K
Total revenue$198K
Assets in detailEnd of year
Total assets$112K
Liabilities$8K
Net assets$103K
Operations
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 11, 2026 $198K$169K$29K$103K 990 PDF
FY2024Filed with the IRS May 14, 2025 $68K$24K$44K$44K 990 PDF

Schedules filed Part IV

A · Public support O · Explanations

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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