The Loft Inc.

Fiscal year ending 2024. Filed on February 19, 2025.

1011 Washington Ave S Ste 200
Minneapolis, Minnesota 55415

The Loft Inc. (EIN: 41-1297735), also known as The Loft Literary Center, has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, The Loft Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 26 total employees. Among the employees shown here, the average compensation is $120,309. The highest compensated employee at The Loft Inc. is Arleta Little with fiscal year 2024 compensation of $139,575.

Revenue, expenses, and employee compensation

Revenue

$1,781,751

Expenses

$2,350,825

Employee compensation

$1,318,910
Revenue, expenses, and employee compensation over time

Mission Statement

SEE SCHEDULE OTHE LOFT ADVANCES THE POWER OF WRITERS AND READERS TO CRAFT AND SHARE STORIES, TO CREATE AND CELEBRATE CONNECTIONS, AND TO BUILD JUST, LIFE-SUSTAINING COMMUNITIES. WE ENVISION A WORLD WHERE THE POWER OF THE WORD LIBERATES MINDS, DEEPENS RELATIONSHIPS, AND INSPIRES MOVEMENTS FOR PEOPLE AND PLANET. AS AN ANTIRACIST ORGANIZATION, THE LOFT DEVELOPS LITERARY EXPERIENCES FOR WRITERS, READERS, AND STORYTELLERS BECAUSE RACISM DEHUMANIZES PEOPLE, AND POETRY AND STORIES DEEPEN OUR CONNECTION TO OUR SHARED HUMANITY. RECOGNIZING THE RELATIONSHIP BETWEEN RACE, POWER, AND RESOURCES, WE PRIORITIZE THE ENGAGEMENT OF BIPOC AND MARGINALIZED COMMUNITIES AND WORK FOR THE EQUITABLE DISTRIBUTION OF OUR POWER AND RESOURCES.

Revisions to this organization profile

February 19, 2025:
2024 The Loft Inc. 990 filed
February 16, 2024:
2023 The Loft Inc. 990 filed
February 24, 2023:
2022 The Loft Inc. 990 filed

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