Makerspace Sioux City Inc
- Assets
- $0.0
- Revenue
- $250.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux City, IA
- Founding
- 01/2016
- Data as of
- 12/2020
- EIN
- 47-5355019
Organization Overview
Makerspace Sioux City Inc is located in Sioux City, IA. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. Makerspace Sioux City Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Makerspace Sioux City Inc generated $250.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $97.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MAKERSPACE SIOUX CITY IS TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) BY PROVIDING SPACE, EXPERTISE, MACHINERY, AND TOOLS TO ALLOW PERSONS TO LEARN NEW SKILLS, TEACH SKILLS TO OTHERS AND MAKE/BUILD PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF MAKERSPACE SIOUX CITY IS TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) BY PROVIDING SPACE, EXPERTISE, MACHINERY, AND TOOLS TO ALLOW PERSONS TO LEARN NEW SKILLS, TEACH SKILLS TO OTHERS AND MAKE/BUILD PROJECTS.
THE MISSION OF MAKERSPACE SIOUX CITY IS TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) BY PROVIDING SPACE, EXPERTISE, MACHINERY, AND TOOLS TO ALLOW PERSONS TO LEARN NEW SKILLS, TEACH SKILLS TO OTHERS AND MAKE/BUILD PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Elledge Vice Preside | OfficerTrustee | 1 | $0 |
Scott Frink Secretary | OfficerTrustee | 1 | $0 |
Bryan Shuster President | OfficerTrustee | 1 | $0 |
Gary Turbes Treasurer | OfficerTrustee | 2 | $0 |
Melissa Sydow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,343 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,428 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$14,183 |
| Net Gain/Loss on Asset Sales | $224,273 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $250,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,351 |
| Advertising and promotion | $0 |
| Office expenses | $5,551 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,621 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,794 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $97,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Makerspace Sioux City Inc has recieved totaling $14,996.
| Awarding Organization | Amount |
|---|---|
Missouri River Historical Develop- Ment Inc Sioux City, IA PURPOSE: ELECTRICAL AND EQUIPMENT | $14,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Network Of Executive Women Inc Chicago, IL | $6,845,772 | $11,079,191 |
Accreditation Council For Continuing Medical Education Chicago, IL | $14,011,011 | $9,679,361 |
American School Of Correspondence Lansing, IL | $11,965,469 | $5,386,399 |
Society For Academic Emergency Medicine Des Plaines, IL | $10,341,301 | $6,329,618 |
Helen Miller-Seiu Member Education And Training Center Chicago, IL | $1,177,324 | $3,731,145 |
Literacy Kansas City Kansas City, MO | $1,783,046 | $2,841,106 |
Peo Program For Continuing Education Des Moines, IA | $11,022,579 | $3,626,880 |
Open Books Ltd Chicago, IL | $1,632,134 | $2,509,213 |
Business And Career Services Incorporated Wheeling, IL | $506,283 | $2,407,524 |
Computer Science Teachers Association Llc Chicago, IL | $2,790,365 | $2,974,365 |
Awesome Foundation Chicago, IL | $6,783,089 | $3,526,324 |
Western Great Lakes Finishing Trades Institute Madison, WI | $1,218,551 | $1,952,776 |