Isthmus Foundation
- Assets
- $1.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 08/2019
- Data as of
- 01/2024
- EIN
- 82-4257211
Organization Overview
Isthmus Foundation is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isthmus Foundation 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 01/2024, Isthmus Foundation generated $80.3k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $96.1k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE ISTHMUS FOUNDATIONS APPROACH TO ACCELERATING THE TRANSLATION OF STEM CELL THERAPIES IS HIGHLY COLLABORATIVE, INVOLVING AN EVER-EXPANDING NETWORK OF SCIENTISTS, CLINICIANS, INVESTORS, BUSINESSES, HEALTHCARE PROVIDERS, AND MANUFACTURING EXPERTS THAT HAVE THE COLLECTIVE RESOURCES TO TRANSLATE STEM CELL ADVANCEMENTS INTO THERAPIES AND PRODUCTS. THESE RELATIONSHIPS ALLOW ISTHMUS TO DEVELOP AND MATURE THE VALUE OF EMERGING STEM CELL TECHNOLOGIES TO LAUNCH THE NEXT WAVE OF COMPANIES THAT WILL CHANGE THE LIVES OF PATIENTS AND THEIR FAMILIES, WORLDWIDE. WE ADVANCE SUPPORTED CANDIDATE RESEARCH THROUGH THE APPLICATION OF WORLD CLASS PROJECT MANAGEMENT AND STRATEGIC BUSINESS DEVELOPMENT IN THREE STAGES: 1. IDENTIFY 2. INNOVATE 3. IMPLEMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Dunbar Executive Di | 12 | $21,000 | |
James Dutton Vice Chair | 3 | $0 | |
Michael Okerlund Secretary | 0.5 | $0 | |
Steve Wold Retired Vp/c | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,250 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,000 |
| Professional fees and other payments to independent contractors | $14,496 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,634 |
| Total expenses | $96,130 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,074 |
| Other assets | $0 |
| Total assets | $1,074 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,074 |
Peer Organizations
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|---|---|---|
Area Ambulance Authority Cedar Rapids, IA | $11,352,744 | $8,280,537 |
Miles And Shirley Fiterman Endowment Fund Rochester, MN | $0 | $86,393 |
National Niemann-Pick Disease Foundation Fort Atkinson, WI | $581,378 | $591,177 |
Star Legacy Foundation Eden Prairie, MN | $1,107,318 | $576,327 |
Ihpba Foundation Inc Lacrosse, WI | $1,836,432 | $194,348 |
Isthmus Foundation Minneapolis, MN | $1,074 | $0 |
St Benedict Health Center Foundation Parkston, SD | $0 | $31,063 |
Stay Out Of The Sun Foundation Rochester, MN | $0 | $0 |
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380 Foundation Cedar Rapids, IA | $918 | $0 |
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