Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$4,253,157
Up $52,320 (+1.2%) from 2011
Net Assets
Down$3,862,286
Down $4,246 (-0.1%) from 2011
Liabilities
Up$390,871
Up $56,566 (+17%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$1,973,553
Down $38,428 (-1.9%) from 2011
Net Income
-
No earlier filing loaded for comparison.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 138141 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 149357 |
| IRS990/AccountsReceivable/BOY | 0 | 4998 |
| IRS990/AccountsReceivable/EOY | 0 | 10162 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | Mentorships, Awards, and Events: The Loft provides mentorships, fellowship, and grants to support writers and their work. The Loft Mentor Series awarded intensive artistic mentorships for 12 writers of demonstrated potential to work closely with nationally renowned writers. The Loft McKnight Artist Fellowships for Writers granted five $25,000 awards to buy accomplished writers the time to write. The Minnesota Emerging Writers' Grant program provided project funds of $6,000-$8,500 to help advance five writers' work. Authors' readings and performances helped develop audiences while promoting and advancing the work of individual writers. In the past year, 11,000 individuals attended more than 60 Loft sponsored readings, performances, and other literary events. Broadcasts and webcasts extended the Loft's reach to another 760,000 individuals. |
| IRS990/Activity2/Expense | 0 | 477434 |
| IRS990/Activity2/Grants | 0 | 163000 |
| IRS990/Activity2/Revenue | 0 | 916 |
| IRS990/Activity3/Description | 0 | Writing Community and Writers Services: Loft.org, the Loft's website, provided regular articles and fostered discussions about the writer's life and craft through our daily blog, The Writers' Block. There, writers found writing excercises, literary reviews, commentary, news, and discussion. The site also included interviews, a calendar of Loft readings and events, a catalog of Loft classes, and writers' resources including information about writing groups, competitions, grants, awards, publishers, and agents. Visitors perused a variety of resources in The Rachel Anne Gaschott Ritchie Small Press Library, 68 writers made use of the Loft's writers' studios and more than 50 distinct literary groups used the Loft's Book Club Room this year. |
| IRS990/Activity3/Expense | 0 | 168067 |
| IRS990/Activity3/Revenue | 0 | 2749 |
| IRS990/ActivityOrMissionDescription | 0 | THE LOFT'S MISSION IS TO SUPPORT THE ARTISTIC DEVELOPMENT OF WRITERS, TO FOSTER A WRITING COMMUNITY, AND TO BUILD AN AUDIENCE FOR LITERATURE. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 1011 WASHINGTON AVE S STE 200 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | MINNEAPOLIS |
| IRS990/AddressPrincipalOfficerUS/State | 0 | MN |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 55415 |
| IRS990/Advertising/Fundraising | 0 | 110 |
| IRS990/Advertising/ManagementAndGeneral | 0 | 34 |
| IRS990/Advertising/ProgramServices | 0 | 52702 |
| IRS990/Advertising/Total | 0 | 52846 |
| IRS990/AllOtherContributions | 0 | 798182 |
| IRS990/AllOtherExpenses/Fundraising | 0 | 3903 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 1046 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 30042 |
| IRS990/AllOtherExpenses/Total | 0 | 34991 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
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| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
| IRS990/BenefitsToMembers/Total | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/CashNonInterestBearing/BOY | 0 | 126265 |
| IRS990/CashNonInterestBearing/EOY | 0 | 36872 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Fundraising | 0 | 50556 |
| IRS990/CompCurrentOfficersDirectors/ManagementAndGeneral | 0 | 63858 |
| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 57579 |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 171993 |
| IRS990/CompDisqualPersons/Total | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ConferencesMeetings/Total | 0 | 0 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 1017000 |
| IRS990/ContributionsGrantsPriorYear | 0 | 1520027 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DeferredRevenue/BOY | 0 | 117464 |
| IRS990/DeferredRevenue/EOY | 0 | 123514 |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/Fundraising | 0 | 6280 |
| IRS990/DepreciationDepletion/ManagementAndGeneral | 0 | 34467 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 25392 |
| IRS990/DepreciationDepletion/Total | 0 | 66139 |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | Creative Writing Education: The Loft offers creative writing classes year-round in the classrooms at Open Book, at community sites throughout Minnesota and online. In FY12, the Loft served more than 2,600 adults and 900 youth creative writing students in over 300 classes and four conferences representing the broadest range of genres. In the past year's evaluation, 94% of adult students reported that their writing improved, 85% reported a greater understanding of the writing craft, 90% agreed that the class helped them identify their next steps as a writer, and 96% would recommend the Loft to others. Of our young writers, (age 6-17) 89% said they learned more about creative writing and 95% said they would be better writers in school. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | true |
| IRS990/DoingBusinessAs/BusinessNameLine1 | 0 | THE LOFT LITERARY CENTER |
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| IRS990/ElectionOfBoardMembers | 0 | false |
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| IRS990/EscrowAccountLiability/BOY | 0 | 0 |
| IRS990/EscrowAccountLiability/EOY | 0 | 0 |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/Expense | 0 | 923639 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/Fundraising | 0 | 8932 |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 1524 |
| IRS990/FeesForServicesAccounting/ProgramServices | 0 | 34087 |
| IRS990/FeesForServicesAccounting/Total | 0 | 44543 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 0 |
| IRS990/FeesForServicesLegal/Total | 0 | 0 |
| IRS990/FeesForServicesLobbying/Total | 0 | 0 |
| IRS990/FeesForServicesManagement/Fundraising | 0 | 301 |
| IRS990/FeesForServicesManagement/ManagementAndGeneral | 0 | 41 |
| IRS990/FeesForServicesManagement/ProgramServices | 0 | 1118 |
| IRS990/FeesForServicesManagement/Total | 0 | 1460 |
| IRS990/FeesForServicesOther/Fundraising | 0 | 10510 |
| IRS990/FeesForServicesOther/ManagementAndGeneral | 0 | 1796 |
| IRS990/FeesForServicesOther/ProgramServices | 0 | 40113 |
| IRS990/FeesForServicesOther/Total | 0 | 52419 |
| IRS990/FeesForServicesProfFundraising/Fundraising | 0 | 19068 |
| IRS990/FeesForServicesProfFundraising/Total | 0 | 19068 |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
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| IRS990/ForeignOffice | 0 | false |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 40.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 40.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 7 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 8 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 9 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 10 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 11 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 12 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 13 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 14 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 15 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 16 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 17 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 18 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 19 | 3.0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 20 | 3.0 |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 8 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 9 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 10 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 11 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 12 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 13 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 14 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 15 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 16 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 17 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 18 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 19 | X |
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| IRS990/Form990PartVIISectionA/NamePerson | 0 | Lorna Landvik |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Angela Shannon |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Faith Sullivan |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | Dobby Gibson |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | Jim Levi |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | Jocelyn Hale |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | Elizabeth Schoeppler |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | Alisa Miller |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | Carla Paulson |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | John Schenk |
| IRS990/Form990PartVIISectionA/NamePerson | 10 | Margaret Wurtele |
| IRS990/Form990PartVIISectionA/NamePerson | 11 | Neil Erickson |
| IRS990/Form990PartVIISectionA/NamePerson | 12 | Rachael Jarosh |
| IRS990/Form990PartVIISectionA/NamePerson | 13 | Sarah Stoesz |
| IRS990/Form990PartVIISectionA/NamePerson | 14 | Sharon Hendry |
| IRS990/Form990PartVIISectionA/NamePerson | 15 | Susan Lenfestey |
| IRS990/Form990PartVIISectionA/NamePerson | 16 | Thomas J Conley |
| IRS990/Form990PartVIISectionA/NamePerson | 17 | Ed Bok Lee |
| IRS990/Form990PartVIISectionA/NamePerson | 18 | Ruth Shields |
| IRS990/Form990PartVIISectionA/NamePerson | 19 | Karen Sternal |
| IRS990/Form990PartVIISectionA/NamePerson | 20 | Kamau Witherspoon |
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| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/Officer | 3 | X |
| IRS990/Form990PartVIISectionA/Officer | 4 | X |
| IRS990/Form990PartVIISectionA/Officer | 5 | X |
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| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
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| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 0 |
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| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 67780 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 0 |
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| IRS990/GrossAmountSalesAssets/Securities | 0 | 710945 |
| IRS990/GrossReceipts | 0 | 2543207 |
| IRS990/GrossRents/Real | 0 | 37244 |
| IRS990/GrossSalesOfInventory | 0 | 383 |
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| IRS990/IndependentAuditFinancialStmt | 0 | true |
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| IRS990/InfoInScheduleOPartXI | 0 | X |
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| IRS990/InformationTechnology/ManagementAndGeneral | 0 | 2967 |
| IRS990/InformationTechnology/ProgramServices | 0 | 29024 |
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| IRS990/Insurance/Fundraising | 0 | 777 |
| IRS990/Insurance/ManagementAndGeneral | 0 | 261 |
| IRS990/Insurance/ProgramServices | 0 | 3139 |
| IRS990/Insurance/Total | 0 | 4177 |
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| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 2208050 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 2334287 |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 351491 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 686974 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 270732 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 335483 |
| IRS990/LessCostOthBasisSalesExpenses/Securities | 0 | 674532 |
| IRS990/LoansFromOfficersDirectors/BOY | 0 | 0 |
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| IRS990/LoanToOfficerOrDQP | 0 | false |
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| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
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| IRS990/MissionDescription | 0 | SEE SCHEDULE O. |
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| IRS990/NameOfPrincipalOfficerPerson | 0 | JOCELYN HALE |
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| IRS990/NetGainOrLossInvestments/ExclusionAmount | 0 | 36413 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 36413 |
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| IRS990/NetIncomeFromGaming/TotalRevenueColumn | 0 | 0 |
| IRS990/NetIncomeOrLoss/ExclusionAmount | 0 | 383 |
| IRS990/NetIncomeOrLoss/TotalRevenueColumn | 0 | 383 |
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| IRS990/NumberIndependentVotingMembers | 0 | 20 |
| IRS990/NumberIndividualsGT100K | 0 | 0 |
| IRS990/NumberOfContractorsGT100K | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 23 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Fundraising | 0 | 8834 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 2964 |
| IRS990/Occupancy/ProgramServices | 0 | 65865 |
| IRS990/Occupancy/Total | 0 | 77663 |
| IRS990/OfficeExpenses/Fundraising | 0 | 5495 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 758 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 61245 |
| IRS990/OfficeExpenses/Total | 0 | 67498 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherAssetsTotal/BOY | 0 | 0 |
| IRS990/OtherAssetsTotal/EOY | 0 | 0 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 0 |
| IRS990/OtherExpensePriorYear | 0 | 842351 |
| IRS990/OtherExpensesCurrentYear | 0 | 883540 |
| IRS990/OtherExpenses/Description | 0 | HONORARIA AND FEES |
| IRS990/OtherExpenses/Description | 1 | DISABILITY SERVICES |
| IRS990/OtherExpenses/Description | 2 | RECEPTIONS |
| IRS990/OtherExpenses/Description | 3 | DUES & MEMBERSHIPS |
| IRS990/OtherExpenses/Fundraising | 0 | 720 |
| IRS990/OtherExpenses/Fundraising | 1 | 6705 |
| IRS990/OtherExpenses/Fundraising | 2 | 2442 |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 820 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 251 |
| IRS990/OtherExpenses/ProgramServices | 0 | 376396 |
| IRS990/OtherExpenses/ProgramServices | 1 | 865 |
| IRS990/OtherExpenses/ProgramServices | 2 | 19507 |
| IRS990/OtherExpenses/ProgramServices | 3 | 5799 |
| IRS990/OtherExpenses/Total | 0 | 377116 |
| IRS990/OtherExpenses/Total | 1 | 865 |
| IRS990/OtherExpenses/Total | 2 | 27032 |
| IRS990/OtherExpenses/Total | 3 | 8492 |
| IRS990/OtherLiabilities/BOY | 0 | 0 |
| IRS990/OtherLiabilities/EOY | 0 | 0 |
| IRS990/OtherNotesLoansReceivableNet/BOY | 0 | 0 |
| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 0 |
| IRS990/OtherRevenueCurrentYear | 0 | 40801 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 541800 |
| IRS990/OtherRevenueMisc/Description | 0 | ADS IN PUBLICATION |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 3174 |
| IRS990/OtherRevenueMisc/UnrelatedBusinessRevenue | 0 | 3174 |
| IRS990/OtherRevenuePriorYear | 0 | 34109 |
| IRS990/OtherSalariesAndWages/Fundraising | 0 | 79704 |
| IRS990/OtherSalariesAndWages/ManagementAndGeneral | 0 | 36474 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 449459 |
| IRS990/OtherSalariesAndWages/Total | 0 | 565637 |
| IRS990/OwnWebsite | 0 | X |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.