Civic Intelligence

Duluth Makerspace

990EZ • Fiscal year 2023 • EIN 82-3371520

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 11, 2024

3001 West Superior StreetDuluth, MN 55806

(218) 590-8047

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

84th percentile

34%

Higher net margin than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$16,498

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

94th percentile

138%

Faster asset growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

55%

Faster revenue growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$59,461

Up $34,519 (+138%) from 2022

Net Assets

Up

$59,461

Up $34,519 (+138%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$102,182

Up $36,331 (+55%) from 2022

Expenses

Up

$67,663

Up $5,321 (+8.5%) from 2022

Net Income

Up

$34,519

Up $31,010 (+884%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2021: $20,310Liabilities 2021: $0Net Assets 2021: $20,3102021Assets 2022: $24,942Net Assets 2022: $24,9422022Assets 2023: $59,461Net Assets 2023: $59,4612023Assets 2024: $59,522Liabilities 2024: $0Net Assets 2024: $59,5222024Assets 2025: $59,941Net Assets 2025: $59,9412025

Highlighted filing

2023

Assets$59,461
Liabilities-
Net Assets$59,461

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2021: $72,218Expenses 2021: $85,978Net Income 2021: -$13,7602021Revenue 2022: $65,851Expenses 2022: $62,342Net Income 2022: $3,5092022Revenue 2023: $102,182Expenses 2023: $67,663Net Income 2023: $34,5192023Revenue 2024: $155,888Expenses 2024: $158,803Net Income 2024: -$2,9152024Revenue 2025: $97,489Expenses 2025: $97,063Net Income 2025: $4262025

Highlighted filing

2023

Revenue$102,182
Expenses$67,663
Net Income$34,519
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 11, 2024
Return Version
2023v5.0
Gross Receipts
$102,880
Mission and Program Overview

Mission

To offer the best sustainable multi-field cooperative workshop possible for our local artists, inventors, experimenters, teachers, learners.

We are a Cooperative Workshop, run like a fitness gym, where a monthly membership pays for shared access to tech tools, electronics, woodshop, metalshop, techshop, crafts, classrooms, fabrics, etc! Similar places have been sprouting up across the country. They are a real community asset driving innovation, education and cooperation. Our biggest asset is the other members.

Program Services

DescriptionGrantsExpenses
Woodshop-$9,842
Lapidary-$8,592
Pottery-$6,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike OlsonExecutive DirectorPT$16,498-$16,498
Maxwell ElfeltPresident Of Board-$0--
Jesse FergusonSecretary-$0--
Rick UmpierreVice President Of Board-$0--
Alyssa FriesenTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Duluth Makerspace
EIN
82-3371520
Address
3001 West Superior Street, Duluth, MN 55806

Signing Officer

Name
Alyssa Friesen
Title
Treasurer
Signed
2024-04-11
Supplemental Narrative

Additional Explanations

Part I, Line 16

Meals & Entertainment 1,099.75 Advertising & Marketing 104.60 Shop Supplies 2,881.90 Job Supplies 861.45 Telephone & Internet 3.33 Insurance 2,730.00 Bank Charges & Fees 25.05 Processing Fees 3,145.21 Tools & Equipment 3,439.51 Depreciation Expense 1,911.11

Raw XML Appendix215 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Executive Director
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IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt016202
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meals & Entertainment 1,099.75 Advertising & Marketing 104.60 Shop Supplies 2,881.90 Job Supplies 861.45 Telephone & Internet 3.33 Insurance 2,730.00 Bank Charges & Fees 25.05 Processing Fees 3,145.21 Tools & Equipment 3,439.51 Depreciation Expense 1,911.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 16
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Alyssa Friesen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DULUTH MAKERSPACE
ReturnHeader/Filer/BusinessNameControlTxt0DULU
ReturnHeader/Filer/EIN0823371520
ReturnHeader/Filer/USAddress/AddressLine1Txt03001 West Superior Street
ReturnHeader/Filer/USAddress/CityNm0Duluth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055806
ReturnHeader/ReturnTs02024-04-11T02:05:26Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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