CSCharityScored
48

Loft Inc

Arts & Culture · Minneapolis, Minnesota

1011 Washington Ave S Ste 200, Minneapolis, MN 55415-1278

EIN: 411297735· Founded: Jun 1977· 49 years active· Filing Year: 2023

Annual Revenue

$2.4M

Total Expenses

$2.6M

Total Assets

$5.8M

Program Spending

33%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$268K

10.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$773K

Total Payroll

$1.0M

40% of total expenses

Where the Money Goes

33%
Programs: 33%
Payroll: 40%
Other overhead: 67%
Program Revenue$850K (35%)
Total Expenses$2.6M (100%)
Payroll$1.0M (40%)
Overhead (non-program)67%

Trust Score Breakdown

Program Spending Ratio

33% of expenses go to programs

40%

Revenue & Stability

$2.4M annual revenue

15%

Executive Compensation

$268K total officer comp (10.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.8M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.