Iron Light Labs
- Assets
- $312.2k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 86-1206324
Organization Overview
Iron Light Labs is located in Chicago, IL. According to its NTEE Classification (R02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iron Light Labs 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 12/2022, Iron Light Labs generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 22.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IRON LIGHT LABS RUNS A CREATIVE INCUBATOR THAT DEVELOPS NETFLIX-QUALITY FILMS TO PERSUADE AUDIENCES AND IMPACT CULTURE, EXPERIMENTS WITH HUMOR TO CUT THROUGH THE ATTENTION ECONOMY, AND BRINGS NONTRADITIONAL PARTNERS TOGETHER TO CREATE A COMMUNITY OF WELL-TRAINED ADVOCATES FOR A FREE SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IRON LIGHT LABS TRAINS INDIVIDUALS IN EFFECTIVE MARKETING STRATEGIES AND POWERFUL STORYTELLING THAT ITS AWARD-WINNING PRACTITIONERS HAVE MASTERED. ITS TRAINING TOPICS INCLUDE HOW TO BE PERSUASIVE, HOW TO BUILD AN OWNED AUDIENCE, HOW TO MEASURE YOUR ORGANIZATION'S IMPACT, AND HOW TO MARKET AND DISTRIBUTE VIDEO CONTENT. IRON LIGHT LABS HAS FOUND THESE CORE SKILLS ARE ESSENTIAL IN ACTIVATING A CHARITABLE ORGANIZATION'S TARGET AUDIENCE. IRON LIGHT LABS ALSO EQUIPS ORGANIZATIONS TO BE IMPACTFUL COMMUNICATORS OF THEIR MESSAGE. IRON LIGHT LABS CONDUCTS TRAININGS FOR ORGANIZATIONS ALL AROUND THE COUNTRY, IN ORDER TO BETTER EQUIP FREEDOM ADVOCATES TO EFFECTIVELY COMMUNICATE IMPORTANT MESSAGES AND UTILIZE CUTTING EDGE TECHNIQUES TO MARKET THEIR MISSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Tubbs Chairman | OfficerTrustee | 40 | $86,275 |
John Tillman Director | Trustee | 1 | $0 |
Mark Miller Director | Trustee | 1 | $0 |
Scott Barbie Director | Trustee | 1 | $0 |
Sara Albrecht Director | Trustee | 1 | $0 |
Kent Emmons Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,383,923 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,383,923 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,385,039 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| 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 | $270,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,310 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $142,292 |
| Advertising and promotion | $206,909 |
| Office expenses | $41 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $92,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $463,672 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,366 |
| All other expenses | $2,658 |
| Total functional expenses | $1,367,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,090 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,000 |
| 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 | $5,850 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $230,302 |
| Total assets | $312,242 |
| Accounts payable and accrued expenses | $154,376 |
| 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 | $138,638 |
| Total liabilities | $293,014 |
| Net assets without donor restrictions | $19,228 |
| 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 | $312,242 |
Grants Awarded
Over the last fiscal year, Iron Light Labs has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ORGANIZATION OF CHINESE AMERICANS INC - GREATER HOUSTON CHAPTER PURPOSE: GRANT TO ORGANIZATION THAT SHARES SIMILAR PRINCIPLES | $50,000 |
THE REFUGEE ALLIANCE LLC PURPOSE: GRANT TO ORGANIZATION THAT SHARES SIMILAR PRINCIPLES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Organizing Empowerment Fund Inc Mcfarland, WI | $339,831 | $2,858,078 |
Alliance For Life - Missouri Inc Lees Summit, MO | $351,318 | $2,332,338 |
Wisconsin Voices Inc Milwaukee, WI | $3,659,586 | $434,326 |
Iron Light Labs Chicago, IL | $312,242 | $1,385,039 |
Elevated Access Inc Champaign, IL | $831,505 | $1,277,531 |
Collaborative Connections Chicago, IL | $111,498 | $262,032 |
Saint Louis Anti-Violence Project Saint Louis, MO | $42,098 | $0 |
Management Women Inc Green Bay, WI | $118,960 | $0 |