Queer Space Collective
EIN: 863249777 · Minneapolis, MN · NTEE: R26
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $644K |
| Net Assets | $520K |
Is Queer Space Collective Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Queer Space Collective
Queer Space Collective (EIN: 863249777) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code R26. The organization reported total revenue of $1.2M and total assets of $863K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queer Space Collective's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queer Space Collective is a mid-size nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 103.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $858K |
| Total Expenses | $644K |
| Surplus / Deficit | +$214K |
| Total Assets | $540K |
| Total Liabilities | $20K |
| Net Assets | $520K |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Queer Space Collective reported a surplus of $214K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Queer Space Collective's revenue has grown at a compound annual growth rate (CAGR) of 103.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.9% | +101.8% | +72.5% |
| 2022 | +140.7% | +291.3% | +119.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Queer Space Collective has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Queer Space Collective with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $214K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Frequently Asked Questions about Queer Space Collective
Is Queer Space Collective a legitimate charity?
Based on AI analysis of IRS 990 filings, Queer Space Collective (EIN: 863249777) insufficient data. 0 red flags identified, 0 strengths noted.
How does Queer Space Collective spend its money?
Detailed spending breakdown data is not yet available for Queer Space Collective. Check back for updated IRS 990 analysis.
Are donations to Queer Space Collective tax-deductible?
Queer Space Collective is registered as a tax-exempt nonprofit (EIN: 863249777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Queer Space Collective located?
Queer Space Collective is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 863249777. It is classified under NTEE code R26.
How many years of IRS 990 filings does Queer Space Collective have?
Queer Space Collective has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Queer Space Collective showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Queer Space Collective's revenue has grown by 313.8%, moving from $207K to $858K. Total assets increased by 278.6% over the same period, from $143K to $540K. Total functional expenses rose by 689.5%, from $82K to $644K. In its most recent filing year (2023), Queer Space Collective reported a surplus of $214K, with revenue exceeding expenses. The organization holds $20K in liabilities against $540K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $858K | $644K | $540K | $20K | — | — |
| 2022 | $499K | $319K | $313K | $7K | — | — |
| 2021 | $207K | $82K | $143K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $858K, expenses of $644K, and assets of $540K (revenue +71.9% year-over-year).
- 2022: Revenue of $499K, expenses of $319K, and assets of $313K (revenue +140.7% year-over-year).
- 2021: Revenue of $207K, expenses of $82K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queer Space Collective:
Data Sources and Methodology
This transparency report for Queer Space Collective is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.